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Small Business Owners: Do You Suffer From the Fear of Success?
| Guest post by: Leanne Hoagland-Smith |
Article Overview: Small business owners have become the economic backbone of this country. Yet, many are still struggling. Could these struggles be due, somewhat, to the fear of success?
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Free Download - How to Craft an Engaging Message That Highlights What You Do to Increase Sales By Leanne Hoagland-Smith |
Small Business Owners: Do You Suffer From the Fear of Success?
What is the fear of success? Why would anyone be fearful of achieving their business goals? Are not more people fearful of failure?
Recently, I was interviewed by a local paper in Northwest Indiana. The reporter spoke to me about my expertise as business coach who quickly doubles results. From a previous interview, she knew that I had the clients to confirm that my solutions generated a positive return on investment (ROI).
During this second interview, she asked me what was the most common problem that I heard from my clients? My immediate response was the fear of success. I heard a quiet gasp. Then she asked me to explain.
I asked her to remember her early school days and how many of her classmates may have wanted to raise their hands to answer a question. Yet, most did not because they did not want to be teased about being the "know it all" or "the teacher’s pet." She then quietly responded: "I never thought of those experiences as being related to the fear of success." Yet, it is these very experiences that laid the foundation for the feat of success as an obstacle on the road to succcess.
As a small business owner have you ever asked yourself:
1. What happens if I get all of these proposals?
2. How am I going to make all of these deliveries if I get all those orders?
3. What happens if something goes wrong?
These are just 3 questions that indicate the fear of success is alive and well within you.
The fear of success prevents us from traveling the road to success. We become fearful of taking risks. Then the self-fulfilling prophecy kicks in supported by the weasel words of life such as would of, could of, maybe, think and might.
Napoleon Hill defined success as "coming to those who become success conscious." The fear of success directs your thoughts to expect failure instead of success. If you want your small business to grow, you must master success by allowing your thoughts "to think and grow rich."
What Are You Afraid Of?
Leadership Assessment #21 – Build a SAFE Environment
Ten Major Fears That Scare Small Businesses Away From Strategic Planning
The two things that kill marketing creativity
How to Stop Fear from Blocking Your Small Business Growth
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About the Author: Leanne Hoagland-Smith RSS for Leanne's articles - Visit Leanne's website Her book, Be the Red Jacket is a no-nonsense and quick read to help discover potential gaps that may be keeping you from your goal to increase sales. The forward is by Evan Carmichael of EvanCarmichael.com Remember if you think you cannot or you think you can either way you are right. (Henry Ford). Sales Coaching Tip: Change your thoughts; improve your results. Click here to visit Leanne's website   Business Building Check List Leadership Assessment Leadership Audit For Business |
Related Forum Posts
My entry
- 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read
- this is a fascinating book about the history of Business theory, and I'd recommend it to anybody.
2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto.
3. PADI: The Business of Diving Book
Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
A ton of Great Women
- You might want to profile Teresa Cascioli of LakePort Brewery. She has an amazing story! I met her at at the celebratory luncheon for the Profit/Chatelaine Top 100 Women Business Owners. The Top 100 list is also a great resource for inspirational stories of Women Entrepreneurs.
These maybe the coldest franchises out there:
- Here are the worst 15 performing franchises in regards to having the highest Small Business Administration (SBA) loan failure rates. The list is dotted with sub sandwich shops, fitness centers and car shops.
WORST FRANCHISE LOAN FAILURES Failure %
1 OBEE'S SOUP SALAD SUBS 55.56%
2 LADY OF AMERICA 41.94%
3 COUNTRY CLUTTER (BED & BREAKFAST) 41.18%
4 COPY CLUB 36.36%
5 ALL TUNE AND LUBE 35.71%
6 PICKERMAN'S 35.71%
7 PHILLY CONNECTION 35.59%
8 ROLY POLY ROLLED SANDWICHES 34.78%
9 COTTMAN TRANSMISSION 34.48%
10 HAIR COLOR EXPRESS 33.33%
11 LEE MYLES AUTOMOTIVE TRANSMISSIONS 33.33%
12 GODFATHER'S PIZZA 33.33%
13 SMOOTHIE FACTORY 33.33%
14 BLIMPIE 31.39%
15 GOLF U.S.A. (RETAIL GOLF EQUIP.) 30.77%
Source: Small Business Administration, SBA Loan Performance Within Franchise Code for the Period of FY 2001 - 2005
Exclusive: Interview with Results
- Hi Forum Members,
I'm helping start up a Business Coaching and Consulting company here in Toronto, Ontario, Canada (a Subsidiary of RSC Business in Los Angeles).
As a Research and Development Intern I am required to practice my listening and interview skills by surveying Small and Medium Businesses on thier Business.
This Survey is designed by RSC Business to also assist the Business being interviewed more insight into their own business.
I am looking to interview about 30 businesses across North America over the span of 3 months.
At the end of these interviews I will be publishing a report of the results and they will be made available for free to the Interviewees. The Report data will include responses from a minimum of 100 interviews.
I would like to extend this opportunity to members of the Forum.
If you would like to have this short 20-30 minute interview conducted on your Business and you reside in North America please send me an email or PM.
Please contact me at andy[at]jvprosperity[dot]com to arrange our interview and to get free access to the results when they are published.
Re: Biz Plan Competition
- i just wanted to say that posting Small Business Events on CanadaOne is a great resource. Thanks Julie!
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