Overcoming the fear of starting an online business
''If you want to conquer fear, don't sit home and think about it. Go out and get busy''.
What exactly is stopping you from conquering the fear of starting an online business? Many people say that they fear failure. Or they might not know if people want to buy their product. They could also not be confident in their ability to sell. Some people might not even think that they will ever make enough money to live on if they start an online business.
That's why this article will provide ten tips for conquering the fear of starting an online business. At the end of this article, you'll have an arsenal of tools for letting go of the fears around starting your very own online business.
How to Get Around to Conquering the Fear
How do you let go of your "paralysis of analysis" and get past the fear? These two tips will help you prepare to conquer your fears: First, you will need to prepare to succeed in your business. Second, you will have to change your feelings towards failure.
Prepare to Succeed In Your Business
Watch this TED Talk by Mark Sodderwall to understand how to get over the fear and just START!!
To prepare to succeed, one of the first tips you will need to follow is that you will have to learn how to succeed. It's not like you don't already know how to fail. You can fail by doing the same thing you're already doing. Or you can fail by doing silly things. But how do you succeed? How do you go about conquering the fear of starting an online business? First, learn exactly what you need to do to be successful.
Let's say that you want to start a business selling online courses. You will need to do four things to be successful:
You need people who want the courses that you're selling
You need a product that is being sold at a price that is competitive at a point that people will want it
You need a way to bring people and product together
You need something that makes your online courses more compelling than the competition
One way to figure out these needs for yourself is to create a business plan.
When you create a business plan, it will expand your knowledge and tell you what needs to get done to start an online business successfully.
Change How You Feel Towards Failure
Why do you think that you can't go about conquering the fear of starting your online business? Many people become scared of failure because they think that failure makes you an inferior person. Or they think that when you start an online business, you'll lose all of your money.
Failure doesn't necessarily change you as a person. So you can't become "bad" or "inferior" after one or many failures. It's when you stay down permanently after a failure that it changes you for the worse.
You Won't Die If You Fail
One of the most important tips that you will get is that you will probably not lose all of your money or possessions if you absolutely bomb at your online business. While failure can operate as an uncomfortable experience, it is definitely not life-threatening. One way you can go about conquering the fear is seeing failure as an opportunity to learn something new, stretch beyond your usual boundaries, and make previously unthought-of connections. Focusing on this part of a failure is one of a few tips that can change your attitude towards it.
Conquering the fear of starting an online business could act as one of the most exciting experiences of your life. If you don't start conquering the fear now, you could end up missing out on a life-changing opportunity.
You will not be able to go about conquering the fear entirely. But once you start building on all of your successes, you can eventually tame any fear that comes up. Why not start right this second?
10 Tips on Conquering The Fear Of Starting an Online Business
To build a successful online business is a journey. Like other journeys, it begins with the very first step. Many entrepreneurs don't get the success that they may have dreamed of many a night. One big reason for that is fear of failure. That's why this part of the article will give you a few tips for getting over this fear.
Let's say that you have a product or service that you want to sell. But if you have a fear of failure that is bigger than your desire for success, then you'll never get your business off the ground. But you can overcome fear. This part of the article will give you ten tips for overcoming any fear you may have of starting a business.
1. Write down your goals
Studies have shown that when you write down your goals, you become far more likely to achieve them at a later date. First, pinpoint all of your specific business goals, one by one. Sharpen them so that they can be stated in a few words or a short sentence. When you do this, you'll have something specific to work towards on the hard days. When you write down your goals, it forces you to visualize it in your mind. It also adds a sense of purpose, clarity, and direction. All this prepares you for all of the tasks ahead.
2. Remember why you're starting your business
Fear can come from a loss of focus. If you find yourself drowning in the details of your business, take a step back and remember why you started the business in the first place. When you focus on your "why", you'll renew your focus and passion for the business. This gives you a second wind and chases those fears out of the picture.
3. Become comfortable with change
Starting a business will necessitate letting change into your life. Most of us aren't big fans of change. Change not only takes us out of our comfort zone, but it requires a major shift in our mindset. Start by altering your morning routine slightly so that you can get used to major changes. Build on this until you are making major changes in your life voluntarily.
4. Finish the unfinished tasks
When you first start a business, you can sometimes get obsesses with unfinished tasks. Instead of focusing on everything that needs to get done, start one or two tasks and actually finish them. When you do this, you create an awareness that you are actually in the business of achievement. This will mean that your business will move forward as it should.
5. Don't make excuses
If you keep making excuses, you will never get over your fears. Just because you've never started a business before doesn't mean you can't get the information you need. Instead of making excuses, educate yourself and get the knowledge needed to turn your business vision into reality. Which brings me to the next step.
6. Start educating yourself
You will naturally fear the unknown. The cure for this is education, so learn everything you can about entrepreneurship, your business, and the marketplace. Read books and articles. Talk with other business owners. Ask them to give you advice and some valuable tips. You will become more informed. You will also realize that you are facing the exact same challenges as other business owners. Once you realize that you're not alone, you will reduce your fears about starting a business.
7. Don't become overwhelmed
Information overwhelm is a very real thing when you're trying to start a business.
When you find that the pressure starts to build up over time, you will probably crash. Don't become overwhelmed. Make a list of the challenges that you will need to overcome. When you break tasks into smaller tasks, you will become less anxious about what you have to do.
8. Play "What If?
Think of the very worst things that can happen in your business. Figure out how you will solve these problems. This will sharpen your problem-solving skills. Once you go through the "what if?" drills, you'll be less worried should these problems actually occur.
9. Ask people for help
When it comes to conquering the fear, this is one of the most important tips. You won't learn everything on your own, so asking people for help is a very smart strategy. Sometimes you will need nothing more than to talk to another business owner about your challenges, plans, and experiences. The feedback you get will not only keep you grounded. It will also make you feel like a great weight has gotten lifted off of your chest.
10. Spend time with your loved ones
This is one of the most important tips on the list. You will definitely need time away from your business, especially in the beginning. You don't have to abandon your business entirely to spend time with your friends and family. But you don't want to spend so much time on your product launch and website that you forget the people who love you most.
Every day, figure out a time where your "personal time" begins. In your "personal time", you're not spending time on your business. Instead, you're hanging out with the people that you love. Once you come up with your "personal time", make sure that you stick to it every day.
Once you begin to put the pedal to the metal you will soon realize that things are not has hard as you thought they might be. All it takes is to begin. Take as long as you need in the beginning. Do not rush. If you rush you may miss out on some valuable information and your work will show.
Take advice from others, but do not compare yourself to others. This is YOUR journey, take it at a pace that you can handle and within no time you’ll be well on your way to owning an online business.
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