Beating the Three Biggest Entrepreneurial Fears

Scott Hevel • Apr 21, 2022

Do the best things in life come easy?

People talk about creating and enhancing an amazing lifestyle. And you probably see others do it all the time – especially when the social media puts it right in your face. So what gets in the way of YOU doing that?


Fear.


Even with you lay all the cards out, and a new opportunity makes total logical sense, our brains go into fight or flight mode, oftentimes choosing flight.


Fear of the unknown, failure, the loss of a sense of permanency and stability, and financial concerns can all be emotionally debilitating and keep you from seeing a path forward. But by planning to achieve rather than fail, you will break the cycle of fear and move beyond it.


Starting your own venture as an entrepreneur will be one of life's most gratifying and rewarding experiences. Let's crush those fears.


There’s No Perfect Time


Fear allows you to easily create excuses. These excuses pop up every time the moment seems remotely right to make that move. It also usually revolves around the idea of “the timing isn’t right.”


When will the timing ever be perfectly right?


Instead of looking for the excuse for bad timing (family issues, money issues, etc.), why not look for ways to create the most perfect timing?


By consistently planning ahead to strike when the timing makes the most sense (and still isn't perfect), you take way more control over your dream to go at it alone. With each stage in the process, you slowly create the perfect time.


The whole “bad timing” argument also tends to revolve around one thing – fear of the unknown. The same solution applies to beating this fear – prepare yourself with knowledge. Learn about the process of establishing your business and your niche. Watch how much less intimidating the decision to go it alone will seem.


Going Alone With No Support


As empowering as you think it’d feel to “ditch” everyone and go completely solo, the world doesn’t work like that. You will always rely on something or someone, so swallow your pride. Just like you relied on parents and teachers to educate you, you’ll need others to further develop that learning and apply it to the real world of business.


Because of this, you’ll need to build and embrace the best support team possible. I called this the “personal board of directors” at one point.


You'll need a group to bounce ideas off of and talk to about your problems. As you navigate your way through the early setup stages, you'll enjoy the support, confidence, and motivation.


Consider your family and close friends a part of your team. Talk about your plans with them and find out who supports you in your close circle. This will fortify your team even more.


The Choice Itself: Choose Wisely


Budding entrepreneurs have one final fear, and sometimes make one final blunder in their road to ownership. They fail to pick the correct business from the start.


Every new business will come with challenges and pitfalls. And if you don't choose the business model that fires you up and fuels your passions, those upcoming challenges will blow you over like a stiff breeze.


Vet the business that inspires you and fuels your interested – or at the bare minimum, choose based on experience. You don't have to be an expert right away, but leveraging your existing abilities will drastically improve your chances of success. Sniff out any potential risks and vet those out too.


Finally, believe in yourself! This may sound cliche, but you’d be surprised how many seemingly successful business owners don’t. This new venture matters from an ROI perspective, but your happiness and confidence should always come first.


The world needs more self-starters willing to contribute to the backbone of the American economy. Learn how to become one and get paid to strengthen this backbone with your services. Click here for more info.


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