Thursday, July 27, 2017

Failure: A fear faced by most entrepreneurs




 


Doing business is not a child’s play; especially, if you are submerged under the ocean of your own fears.
If you have been thinking of starting something of your own and have not yet succeeded, fear of failure can be a prominent reason for it. For those business owners who may have not yet acknowledged, failure of trying something new could be a reason for the stagnancy that you might be experiencing in your venture.
Be it a small start-up or a big business house, failure is a feeling that most entrepreneur have faced at one time or the other. In this article, let us drill deep down an entrepreneur’s bosom and discover their most dreaded fears.

Failure
What if I fail? This thought has prevented countless entrepreneurs to venture into the unknown. After all, it is not easy to gather all your dreams, hopes, courage and finances - only to see them fail. Failure is the deadliest evil that stops entrepreneurs to innovate. It makes them resistant to change and blinds their foresight. Only if they could overcome the fear of failure, they would know the endless possibilities that lie ahead.

Inadequacy
Are you fighting your own battle of capabilities? Do you think that you are inadequately capable of doing something and this stops you from starting a business of your own? Your inadequacy is in your mind. Let go of it and make earnest attempts to meet your shortcomings; your business achievements shall soon get closer to your aspirations.

Rejection
What if I am unable to succeed? What would people think? Would they laugh at me? The fear of rejection and the inability to handle humiliation prevents entrepreneurs from trying different means or get into a situation which might be beneficial for their businesses. What people think really does not matter till you can hold your head high and walk amongst them.

Separation
Business ventures might not be profitable always. What if mine is not? What if I am unable to earn enough for my family, would they leave me and go? If I cannot match the financial status of my friends, they would stop speaking to me... The unsaid fears of separation that comes with financial risks in business can stop an entrepreneur from taking risks. It is for them to remember that true friends and people who care do not appear and disappear with changes in financial status.

Success
You believe it or not, the feeling of being on top of the game it scary itself. The most successful people face the fear of being secluded and left out. Handling success in the right manner and striking a balance is the key.
Are you confronted with any of the fears mentioned above? It’s time to face it and say goodbye. Contact 9822636600 to know how.

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