WAYS TO CONQUER THE FEAR OF STARTING UP A NEW BUSINESS

in entrepreneurship •  4 years ago 

Is-Fear-the-Boss-of-Your-Business.jpg Source


As the fundamental part of the psychology of human, fear helps us keep safe and avoid calamity. When given room, fear can keep you in perpetual fearfulness. However, to overcome fear, you must dare what you are afraid of. Acknowledge that you are afraid of a particular thing and dare to overcome it.


TIPS TO CONQUER THE FEARS OF STARTING A NEW BUSINESS

1 Start with the reasons why you feel the fears of starting a new business

2 Do your homework, prepare yourself

3 Think about the benefits that you will earn

4 Everyone fails, failure is a learning possibility

5 Complement your weakness with other persons


IN DETAILS

1 Start with the reasons why you feel the fears of starting a new business.

A lot of people have thought and over thought of starting a business, but fear of some sort has held them back. It pertinent to ask yourself, why am I not yet starting this business, is it because of the fear of failure, unknown, rejection, etc? Also, ask yourself, if I start and eventually conquer all these, where would I be? Place the two answers side by side. You'll discover that the success of the business would take you to where you never imagined, while fears would drag you down.


2 Do your homework, prepare yourself

Everyone desires the very best. If you must offer services, offer the very best.. Seek to develop yourself and business to the desirable height. Upgrade your skills and knowledge in the field. Maintain quality production and ensure that you do not allow price to make you mellow you standards. Doing something, or better said, taking some first steps as your homework will give you enough encouragement that you need to make the second stage.

Make enough research about what you want to go into. Know enough to get started. Be well grounded to be able to stand any challenge that may come. Go for what you're passionate about.


3 Think about the benefits that you will earn.

Think of where you would be given the opportunity to start the business. Think of the benefits you'll derive and the satisfaction you'll bring to your clients. Think of increasing your potentials, think of fulfilling your plans, think of controlling your destiny, think of being your own boss, think of managing your own time. Think success! Don't be seeing failure everywhere. There are opportunities yet to grab.


4 Everyone fails, failure is a learning possibility.

Failure is not the end of the world. A lot of successful entrepreneurs failed on so many attempts before getting the concept right. In fact, failure is part of success, it makes success stories sweeter.

Failure should be seen as a stepping stone to success. When you fail, you learn more and avoid a lot of what brings failure. Failure should make you strong!


5 Complement your weakness with other persons.

You don't need to know it all before starting a business. There are thousands and one experts out there looking for who to hire them. Form a team of professionals and let every skills you need be ably represented.

Also, open to suggestions and ideas that would help to grow your business. Associate and meet professionals and people who knows better than you do. You will need a business partner that specializes in things that you don’t know.


REFERENCE:
Entrepreneur


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