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Dealing with the fear of Failure as an Entrepreneur.
Written by: Samantha CookArticle Overview: A quick how to deal with the fear of failure.
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Free Download - Advertise your business for free. By Samantha Cook |
Dealing with the fear of Failure as an Entrepreneur.
It is well known in the circles of the entrepreneurial that the
fear of failure is one that keeps us up at night. We are worried about
it because the odds are against us since 95% of businesses fail in the
first 5 years and in Internet marketing that number is even more
depressing. We hear that voice saying: "What if I can't make it?",
"What if I go bankrupt?", "How am I going to care for my family?" Most
of this is just in our head. Working in a vacuum does not help the
scenario and self-defeating thoughts can become overwhelming.
There are ways of handling this burden:
- Write down everything that you are accomplishing during your
day. In the beginning of your start-up write down everything that you
were able to accomplish (it will surprise you). As you grow into your
role, write down the positive accomplishments. Then when the voices
arrive, you are able to pull out your list and squelch those voices and
move forward with your goals.
- Exercise. Before or even when those voices make there way into
your mind, exercise. This will release endorphins, help your
concentration, and get frustration out of your body. Do/find something
that you enjoy (emphasis on enjoy) and do it for a minimum of 30
minutes per day.
- Meditate. Most successful entrepreneurs mediate during the
day. The time is set aside to mediate over their goals and dreams.
Make this a habit and you will find an inner peace to help contend with
any fear of failure.
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Article Tags: 30 minutes, circles, concentration, fear of failure, frustration, goals and dreams, habit, inner peace, internet marketing, mind exercise, odds, self defeating thoughts, successful entrepreneurs, those voices, vacuum
Referred by: http://jaykubassek.com
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About the Author: Samantha Cook RSS for Samantha's articles - Visit Samantha's website  Click here to visit Samantha's website   Advertise your business for free Empowerment keep your power Dealing with the fear of Failure as an Entrepreneur Losing friends and family for your pursuit Time management in network internet marketing |
Related Forum Posts
Re: Fear of Success
- You don't need to fear success. We should embrace it. Fear is define by a man of God as
False
Evidence
Appearing
Real.
the meaning is what we fear most does'nt come to pass
Re: 10 Reasons Who Startups Fail & Book Recommendations
- Great post. But there is a paramount reason why business star up fail that is not addressed here. Which is the fear of failure. Someone said the fear should not been seen as a monster, but should be seen as horse that you can tame and ride as you like.
Why A Project Fails?
- Hello Everyone
As the size and complexity of ones business grows, so does their need to effectively manage projects. I have been thinking about the major reasons why a project can go wrong and my limited experience comes up with the following.
1 Leadership: A project manager with leadership skills and not just management skills.
2 Failure to (Foresee and) Plan
3 Failure to Manage: Ineffective change management control methods. Unclear decision making guidelines.
4 Talent: Finding, allocating and developing people
5 Scope: Setting an overly ambitious or amibigious project scope
6 Alignment: When projects are not prioritized in alignment with the business strategy, or project members personal objectives are not in tandem with that of the project / company
7 Lack of Candor: Communication Breakdowns
I would be interested in knowing everyone's thoughts on this, especially on ways to overcome the above mentioned obstacles.
Cheers!
Re: The Fearless Factor by Jacqueline Wales
- Hi Shri,
Sounds like an interesting book as fear is something I'm sure all entrepreneurs face when starting or operating their businesses.
But I think that fear also plays an important role in keeping us humble and forces us to do our due diligence before acting.
Top performing Franchise Loans
- Evan,
There are over 120 Franchises listed by the SBA with 0% Loan Failure from 10-1-00 to 9-30-05 these companies have at leat 10 loans disbursed.
A number of the companies are Hotel/Motel Franchises so I listed them separately.
Since all the ones listed have 0% loan failure I listed them descending by # of loans disbursed.
Top 20 (by # loans Disbursed) 0% SBA Loan Failure (does not include hotels/motels)
1 21425--CULVER'S FROZEN CUSTARD 85
2 66910--PRIMROSE SCHOOL (DAYCARE) 76
3 14467--CARTRIDGE WORLD STORES 54
4 68021--QUIZNO'S SUBS 41
5 06560--AUNTIE ANN'S (SOFT PRETZELS) 40
6 29912--FIREHOUSE SUBS 35
7 31154--FOOT SOLUTIONS 35
8 52707--MEDICAP PHARMACY 35
9 09802--BEN & JERRY'S ICE CREAM 33
10 67759--COMFORT SUITES 33
11 70150--RITTER'S FROZEN CUSTARD 32
12 05650--ARBY'S 31
13 65160--PLATO'S CLOSET 31
14 67417--PUMP IT UP 30
15 69149--REMAX 30
16 71456--SALAD WORKS, INC. 30
17 76282--SONIC DRIVE-IN 27
18 84725--UNION 76 OIL 27
19 17049--CHRISTIAN BROTHERS AUTOMOTIVE 26
20 78950--SUNOCO SERVICE STATION 26
Top 10 0% SBA Loan Failure Hotel/Motels
1 10275--BEST WESTERN INN 104
2 67750--COMFORT INN 98
3 38605--HOLIDAY INN EXPRESS 87
4 36680--HAMPTON INNS 57
5 53165--MICROTEL 33
6 75385--SLEEP INN MOTEL 26
7 04160--AMERIHOST INN 18
8 69134--RED ROOF INN 13
9 17230--CLARION INN & SUITES 11
10 20715--COUNTRY INN 11
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