The Heartbreaking Fears That Hold Entrepreneurs Back

Cowardly lion, fear

Fear is normal. While there are some people who appear fearless everyone is afraid. In business fear can be your ally. Former Intel head Andy Grove quipped, “Success breeds complacency. Complacency breeds failure. Only the paranoid survive.” Hence, it is possible to make fear your ally rather than your adversary. I started my consulting and coaching business literally with nothing without one contact. I was afraid every day. What helped me was not allowing fear to become depressive. I faced reality. However, I did not make things worst than they were. I simply did a little bit better everyday. So can you. If I can help you send me an email jim@innothinkgroup.com or visit my website to read my comeback story.

Here are a few ideas:

Fear No. 1: Not believing in yourself.

Solution: Set smaller goals to accomplish faster.

The key to breaking this is building small wins each day so you can gain the confidence you need to take on a goals game in your business. Make it a game to see how many small victories each day you can have. This can be as simple as not checking email every hour, or completing one simple task each day by the deadline you create for yourself.

Fear No. 2: Thinking you need a product before you can sell it.

Solution: Drum up interest and do your research before pushing the sale.

You think you need to have the perfect product finished before you can start selling it. When you can use the bootcamp model or presell something to see how many people are willing to buy it before you spend months and months creating something that no one will buy. Yes, you can sell your product before you create it.

Fear No. 3: Needing to be absolutely perfect.

Solution: Don’t stress every last, tiny detail.

Yes it’s important to make things great and you can certainly do this by upgrading over time, but good and profitable is better than perfect and never done. Get things done. Be a person who finishes even if it’s not yet perfect. […]

Read full article via   Entrepreneur.com.

Whether you’re rolling out a new culture initiative, developing your leaders, or seeking a thought-provoking, engaging and relevant keynote speaker for your group, we can help.

For more information about our services or to inquire about Jim‘s availability and fees, please contact Jim at 719.445.1204 or via e-mail.

About

Jim Woods is president of The Jim Woods Group. A management consulting firm. Go here to see his work www.jimwoodsgroup.com. He advises and speaks to organizations large and small on how to increase top line growth in times of uncertainty and complexity. Some of his speaking and consulting clients include: U.S. Army, MITRE Corporation, Pitney Bowes, Whirlpool, and 3M. See more at his website www.jimwoodsgroup.com.

Tagged with:
Posted in Entrepreneurship, Management
One comment on “The Heartbreaking Fears That Hold Entrepreneurs Back

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: