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Here’s 6 important tips that I believe will help entrepreneurs manage fear.
Fear is almost an unavoidable part of being an entrepreneur. It is due many factor from the inherent instability involved in startups, to the volatile and mercurial nature of the markets. This is good news. Fear keeps you on your toes and aware of threats to your company. Unfortunately, this can easily keep you from performing well if not managed. Here are a few important tips that will help you keep the fear under control.
You Can Always Find Time
Time is limited, and it is going to feel like there is never enough in the day to get what you want. It is one off the most common fears and unfortunately, sometimes there isn’t time for everything. There will be times when you can’t attend to your children because you’re needed at the office, and vice versa. Fortunately, that wont be always be true and you don’t always need swaths of free time. In every day there is time to rest, time where you will find yourselves doing nothing. For many, it is on the daily commute. For others, because they are fortunate to enough to have sufficient staff members. You don’t need 5 hours to learn something new. Even setting aside 30 minutes of your day can make you more productive over time.
It gets easier.
Everything is scary when you first begin. You have nothing to base your current status on, which means you’re never sure if you are doing well or if you are missing out on something important. This lack of information can breed a lot of fear, and this is often no solution aside from finding a mentor with experience. The good news is, it is not always going to be that way. While brand new problems will arise in every step, its going to get easier. You are going to be more experienced, wiser, and emotionally and mentally more prepared to deal with those issues. The longer you are in the business, the more you are capable you’ll be.
Enjoy the journey
Becoming an entrepreneur is an intimidating task. There’s a lot that will stand in your want from the start, and those threats will only grow as time grows on. However, that’s not necessarily something to fear. If approached correctly, it can serve as the spark that will ignite your creativity and skill.
Approaching it properly means remembering that those challenges are expected to be part of being an entrepreneur. Though the details vary, everyone goes through the same challenges,and many have succeeded. Enjoy the journey and you can keep the fear at bay.
Adaptation & Flexibility
Things change everyday when you are the boss of your ownself. What seemed to be a good idea a month ago may become a backbreaking mistake. You many find that the market you were targeting was the wrong one, and a pivot is required to save the company. It is scary, and that many things are so changeable, but fortunately one of the greatest strengths of having a startup is the flexibility. Nothing is set in stone for your company. And, if you are small enough that any red tape you need to cut through can be quickly handled. If you need to pivot or change you can work on your marketing strategy, you can do that in a heartbeat.
Mistakes Have Value.
No one likes making mistakes, especially in public setting, and there is nothing quite as in business. Even a small mistake can make you feel unqualified to lead. Unfortunately, when you are afraid to make small mistakes, your hamstring of startup’s potential, you will shy away from taking those risks, and risks may lead to startup’s success.
To handle the fear of making mistakes, there are 2 things you need to remember. First, nobody is perfect, and you will make mistakes that are unavoidable. So, its in the best of your interests to brace yourself emotionally. The second thing to remember is to there’s always something to learn, and nothing makes a lesson more memorable that a mistake. Since errors will happen, you will well squeeze as much as value from them as possible.
Embrace Your Passion
Nothing pushes away fear like passion. When you want something hard enough, you will go through hell to get it. You will stand up to the challenges of a startup that will throw at you because they are standing between you and the dream. Don’t let the daily grind make your forget why you are doing this. Put up reminders everywhere of what you want if you have to. The moment you forget is the moment your performance start’s hiccuping. If you want to be successful enterprenuer, you must learn to manage your fear. Fear will be constant passenger,so the sooner you learn the better.
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