• Great Companies

Fear is only as deep as the mind allows


Jul 31, 2017

Entrepreneurship is unpredictable…

because it involves risks which bears unsure results. One cannot be confident about the fruit they’ll be able to reap from their actions in the course of business.

At the same time, running away is not the solution.

So, all entrepreneurs must learn to constantly deal simultaneously with both fear and possibility.

Here are 10 ways to help an entrepreneur overcome their fear:

1.Redefine your Fears: it allows you to push through your fears. Taking the road not taken, instead of the safer path motivates you and give you a competitive edge over others, which in turn make you more confident about yourself and your actions. This would also keep you from getting stuck and encourage you to take up bigger challenges.

2.Start Creating: rather than waiting for the big idea, to attain success, one should always keep on moving forward by creating and innovating new ways to carry out their activities. Every single drop contributes in the making of an ocean. Similarly, small but new and creative ideas would emerge into a big idea.

3.Uncertainty about the course of actions: most of the entrepreneurs are not aware about the ways by which they can achieve their defined goals, not only when first setting up but also during the course of their business. The answer to HOW is equally important as the answer to WHAT. Therefore, one should always devise out the techniques which would contribute to the achievement of their pre-defined goal.

4.Risk taking is a component of entrepreneurship and generally people who are willing to take risks are considered as crazy by the society. Often, many entrepreneurs fear what the people around them would think about them. And to encounter this fear and be successful at the same time, one should be sure about their actions despite of the opinion of the society, believe in your talents and also try convincing others about the same.

5.Imagine the Worst -Then Move On; fear is the companion of risk, and risk is the companion of success. The greater the risk, the greater is the fear and the greater is the success. While taking a risk, think about the worst case possible and be prepared to face it with all your strength. This way even if the risk betrays you at the end, you’ll be ready with either a backup plan or another risk to rule out the negative effects of the first one.