• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

The One Thing That Holds Back Almost Every Entrepreneur

By
Neil Powell
Neil Powell
Down Arrow Button Icon
By
Neil Powell
Neil Powell
Down Arrow Button Icon
June 5, 2016, 7:00 PM ET
500796801
Stressed businessman working late in officePhotograph by Chris Ryan — Getty Images

The Entrepreneur Insiders network is an online community where the most thoughtful and influential people in America’s startup scene contribute answers to timely questions about entrepreneurship and careers. Today’s answer to the question, “What are some tips for maintaining a successful startup?” is written by Neil Powell, co-founder of Mugnacious.

I realized, and sadly not very long ago, that my ability to predict my future is not so good. In fact, I’m embarrassed by how often I’ve been wrong. I’m not talking about thinking or preparing a bit for what might lie ahead either. That’s what a good business person does. I mean habitually trying to predict what will happen to you and your business in the future. I’ve spent God knows how many of my precious little life hours obsessing about all kinds of ways things could play out for me and my small business.

The senseless string of questions, worry and doubt:

What if no one calls me for projects next month, even when I’ve had a banner year thus far?

What if that art sale doesn’t happen?

What if they change their mind?Then what would I say?

What if …

And while all this fortune telling was going on in my head, I was never really paying attention to the now part of my business — remembering or noticing all the little signs that life presents to you over and over during the course of a day, a week, a month or a year.

Because while I was racking my brain trying to calculate all the things a client might say during drinks Friday, life had been driving a big dumb clown car down Happy Street passing out new opportunities. But I couldn’t see any of this. I was always so fixated on the future. By trying to predict my future, I would inadvertently make decisions based on fantasy. Most of which played to the conservative side of things and led to predictable behavior. Offering up only opportunities that led to more of the kind of work I wanted to move away from in the first place.

See also: How To Determine Your Startup’s Chances of Success

It wasn’t until just last year that I started to change. Career-wise, I was at a crossroads of sorts. I worked as both an artist and an interior designer. Just when revenues from my two roles were starting to even out, I started getting more fine arts projects.

In the past, I would have resisted turning too much of my attention toward my art and away from design. After all, it was the design channel of revenue that was allowing me the freedom to pursue art. But now, I was starting to give in to the fact that people love my art, and when I really focus on it, it flourishes.

Now I was turning my attention away from trying to predict my business’s future and turning it toward spending more time nurturing to what I really want my business to be — a magical place of making and wonder.

In March I decided to make a bold move. I opened a workshop and show space in Brooklyn and it’s given a whole new life to my small business. It was a decision that has transformed the way I work and approach my business. Admittedly, I was a tiny bit scared but nonetheless excited.

I feel reborn as an entrepreneur. All because I stopped trying to predict the future and started to take notice of now.

 

About the Author
By Neil Powell
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Anthropic caused panic that Mythos will expose cybersecurity weak spots, but one industry veteran says real problem is fixing, not finding, them
CybersecurityTech
Anthropic caused panic that Mythos will expose cybersecurity weak spots, but one industry veteran says real problem is fixing, not finding, them
By Marco Quiroz-GutierrezApril 13, 2026
11 minutes ago
A person holding a blue piggy bank
Personal FinanceSavings
Best savings account bonuses for April 2026
By Joseph HostetlerApril 13, 2026
51 minutes ago
trump
CommentaryWhite House
The futility of Trump’s grandiose personal branding of public assets, from ballrooms and bills to ships and planes
By Jeffrey Sonnenfeld and Steven TianApril 13, 2026
2 hours ago
craig piggott
AIAgriculture
After growing up on a dairy farm, this Peter Thiel–backed founder is using AI to save cattle ranching
By Jake AngeloApril 13, 2026
2 hours ago
Luis Von Ahn points.
Workplace CultureLeadership
‘I’m not going to force you’: Duolingo CEO backs off from evaluating employees on their AI usage 
By Jacqueline MunisApril 13, 2026
2 hours ago
The most valuable worker in the AI economy is Nurse Dana from ‘The Pitt’
EconomyJobs
The most valuable worker in the AI economy is Nurse Dana from ‘The Pitt’
By Nick LichtenbergApril 13, 2026
2 hours ago

Most Popular

'This is the last warning.' Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuz
Politics
'This is the last warning.' Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuz
By Fortune EditorsApril 11, 2026
2 days ago
'People are trying to be creative': Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans
Economy
'People are trying to be creative': Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans
By Fortune EditorsApril 12, 2026
1 day ago
A 93-year-old refused to sell her home to the Masters golf course that’s spent $280 million on expansion: ‘Money ain’t everything’
Real Estate
A 93-year-old refused to sell her home to the Masters golf course that’s spent $280 million on expansion: ‘Money ain’t everything’
By Fortune EditorsApril 12, 2026
1 day ago
Here's how a U.S. naval blockade of the Strait of Hormuz could work. 'This is a big task, and it's a big gamble'
Politics
Here's how a U.S. naval blockade of the Strait of Hormuz could work. 'This is a big task, and it's a big gamble'
By Fortune EditorsApril 12, 2026
1 day ago
The 'affordability economy' has created a housing market nobody predicted: Prices collapsing in the Sunbelt, soaring in the Rust Belt
Real Estate
The 'affordability economy' has created a housing market nobody predicted: Prices collapsing in the Sunbelt, soaring in the Rust Belt
By Fortune EditorsApril 11, 2026
2 days ago
‘Almost unmanageable’: Raising a child in the U.S. now costs more than $300,000
Economy
‘Almost unmanageable’: Raising a child in the U.S. now costs more than $300,000
By Fortune EditorsApril 12, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.