We’ve been talking about the common fears of starting a business and discussing how you can tackle them. Last time, we talked about the fear of people, and today we’re tackling another big one: the fear of failure.
Now, that’s the big one.
The fear of failure is very common in business and in life generally. Everyone understands the fear of failure. Every person who thought of doing something worthwhile has had to deal with it at one point or the other; and many people deal with it on a continuous basis. The thought of starting your business comes to your mind, and you think: ‘What if I fail at it?” The situation becomes even more critical if you have tried something before without success.
Now, let’s address how you can deal with it.
- Set clear goals: Confusion creates mystery. Mystery creates fear. When you write something down clearly, most of its associated challenges will lose their power. A solid business vision and goals will help you to control the things you can and prepare for the ones that you cannot.
- Redefine ‘failure’: Change your meaning of failure. Let me tell you something: a business cannot fail until you decide that it has failed. Businesses grow. And learning and evolution is a part of growth. And mistakes are a part of learning and evolving. Your business is a living, breathing thing; it will learn and grow. As long as you’re prepared to learn from your mistakes and change course where necessary, you’re still in business.
- Do the smart thing: Work with a Coach to help you deal with any fears that you may have and help you take clear decisions to start and grow.
Are you struggling with the fears of starting your own business? I’d love to help you get over them. Send me an email on firstname.lastname@example.org and we can get you started on the path of your dreams.