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The How of Business - How to start, run, grow and exit a small business.Author: Henry Lopez
The How of Business - how to start, run and grow a small business - is a weekly show for aspiring Entrepreneurs and existing Small Business Owners. If you are looking for actionable advice, tips and techniques on how to start (including launching or buying your first small business), run and grow your small business, this is the podcast for you! In each episode we either discuss a business topic, or interview an existing small business owner or business service provider. The How of Business is hosted by Henry Lopez who shares the knowledge and experience he has acquired over his corporate and entrepreneurial careers. Language: en Genres: Business, Entrepreneurship Contact email: Get it Feed URL: Get it iTunes ID: Get it Trailer: |
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621 – 5 Reasons NOT to Start a Small Business
Episode 621
Monday, 21 September, 2026
Five common reasons not to start a small business yet, from escaping a bad boss to fearing sales, give aspiring entrepreneurs a readiness check before they quit their job and put their savings at risk. Show Notes Page: https://www.thehowofbusiness.com/621-5-reasons-not-to-start/ Part of helping you start a small business is helping you decide if and when you should start one, and these five reasons not to start a small business yet will help you go in with your eyes wide open. The reality is that about one in five new businesses with employees closes in the first year, and about half are gone within five years, according to the U.S. Bureau of Labor Statistics. In his years of coaching aspiring business owners, Henry has found that those who struggle most very often started for the wrong reasons, or before they were ready. As he puts it, it's best to know before you take that leap, before you make that investment and sacrifice, rather than end up completely frustrated or even financially ruined. In this episode of The How of Business, Henry Lopez shares the top five reasons not to start a small business yet. Each one comes with a question to ask yourself and what to do instead. "I'm not here to talk you out of starting your first small business," Henry says. "I just want you to go in with your eyes wide open." Five Reasons NOT to Start a Small Business: 1) You mainly want to escape your bad job or your horrible boss. Am I running from something or toward something? 2) You're following your passion. Is there a business here that customers will pay for, or is this just something I love doing? 3) You can't afford it yet. Do I have the runway without risking my family's financial security? 4) You can't handle uncertainty or pressure. How do I really react when things are uncertain and it's all on me? 5) You hate or you're afraid of selling. Am I willing to ask people for their money? This episode is hosted by Henry Lopez. The How of Business podcast focuses on helping you start, run, grow and exit your small business. The How of Business is a top-rated podcast for small business owners and entrepreneurs. Find the best podcast, small business coaching, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com
