4 Fears I Overcame to Start my Own Business

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Most people in today’s world are dissatisfied with their jobs. Here’s an interesting fact, 70 percent of Americans aren’t engaged by what they do for a living. Let’s put that into perspective. There are around 120 million full-time workers in the U.S. right now and 84 million of them don’t really like their jobs.  That’s just one country, what about Australian’s, European’s, New Zealander’s?

Are you one of them?

Starting my own online business wasn’t even something I thought I could do, I thought you needed a University degree and a chunk of money for that! So I got a good job with a dependable income. I got superannuation, sick leave and annual leave. It was pretty cruisey.

The years went by, I got married and we started a family.  I was lucky enough to be a stay at home Mum but after a number of years I started feeling like I needed something for myself, something I could be proud of and my family could be proud of too.  I started googling home businesses.  Wow!  So much out there.  I got started with a really great company and all these fears started popping up out of nowhere!

I quickly realised if I wanted to be successful, I needed to face my fears head-on.

Here are the 4 biggest fears that I had to overcome.

1. Failure

The fear of failure is at the very top of the list when starting a new business according to psychologists.

You could imagine putting everything you have - your hopes, dreams and finances - into starting your own business, only to watch it crash and burn. The way I overcame this fear was by redefining success. For me, success meant chasing my dreams and achieving my goals. That’s when I realised I’d be failing by going back to a 9 to 5 job and hardly seeing my kids.

2. Inadequacy

I felt like no one would take me seriously if they knew what I was really like. That they’d see me for what I was - an impostor. I’ve never been a leader or one to speak up and voice my opinion.  I was always the quiet one who agreed with everyone to keep the peace.

I used to think some people were just naturally confident. That they were born for success. Nothing could be further from the truth. Everyone feels inadequate, insecure and unworthy. It’s how we deal with these feelings that determines how far we can go professionally. As soon as I realised that this was just about everyone’s problem, the fear diminished. It took some time but I finally realised that I had to just be me, be real and be honest and let people think what they wanted.

3. Humiliation

This was a big one for me. Sometimes, the fear of rejection or ridicule can be even worse than the fear of failure. We’re so anxious about what others think, that we let the silly thoughts in our heads limit us.

Starting my own business was something I kept to myself in the beginning. I was so afraid of what my friends and family would think. I was worried they wouldn’t take me seriously, or that they’d laugh. But they didn’t. Well, there were the odd 1 or 2 who were “concerned” but other than that, it was quite the opposite. You’d be surprised at how many people will really support and encourage you.

4. Success

If you can believe it, the fear of success is very real. It’s ultimately a fear of standing out, and stems from feelings of inadequacy.

Most people are afraid of change, and I was one of them. But life and business are all about embracing change. If you’re afraid of failing  - or succeeding - at your own business, just think about how you’ll feel if you didn’t try.

I decided to just go for it, because I knew I wanted success. I didn’t want to lead a life of quiet desperation.

Your life will change when you start your own business. But how it changes is up to you. If you think you have what it takes, you owe it to yourself to try. At the end of the day, no one is stopping you but you.

“Only you can change your life, no one can do it for you.”

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