5 Limiting Beliefs That Stop Senior Entrepreneurs Moving On

Have you ever had this feeling that you have a lot to offer to the world, but you keep holding yourself back from fulfilling your potential as an entrepreneur?

Limiting beliefs have a negative impact on our lives more than any other factor. They are interpretations of what we believe to be true about ourselves and others.

Those misconceived beliefs have held me back from moving on in my business, keeping me from missing out on what I most want, and taking advantage of opportunities I had in my path.

Most of us are not aware of them, and frequently those beliefs affect our actions without realising the power they have on us.

Consider these 5 limiting beliefs and ask yourself if any of them have stopped you from achieving your goal:

1. LACK OF CONFIDENCE IN YOUR ABILITY TO BUILD A SUCCESSFUL BUSINESS

This was one of the main issues for me. Like many people, I was afraid of starting a business for fear of failure. I felt inadequate, especially because, years ago, my husband and I started a business together. We went out of business after two years, and I felt incompetent and full of self-doubt after we failed with it.

However, thanks to personal development, I learned to accept those limiting beliefs without judgement and started to choose new beliefs with actions to reinforce and empower me toward the goals I want to achieve.

Can you take a minute to reflect on a goal you have always wanted to achieve and you haven't? Why haven't you? Whatever the reason, there is always a limiting belief that has been stopping you.

To replace this disempowering belief, I have been consistently feeling appreciation and gratitude for what is. Before I get up, I take a few moments to think of something positive, and I do my best to maintain that attitude throughout the day.

It is easier said than done, but with practice I have been noticing that my mindset is gradually changing, therefore, allowing me to move through the day with purpose, completing my tasks with enthusiasm and building my self-confidence along the way.

2. FEAR OF LETTING GO TO START SOMETHING NEW

Female entrepreneurs, especially seniors, feel that they have to sacrifice their personal life to follow their entrepreneurial spirit.

Even though women have come a long way in terms of progress in the business area, we are more likely than men to look after our family, manage the family's schedules and take on other daily responsibilities.

As a senior entrepreneur, this has been my major obstacle, my priority has always been my family and I have put aside the greatest potential to expand my life.

The fear of letting go has been an indicator to me so I have made a commitment to do the thing I am afraid of. It has been uncomfortable at times, but I am learning to take responsibility and have been building the courage to break free to achieve the goals I have set for myself.

3. AM I MAKING THE RIGHT DECISION?

It can be difficult to think with a clear head when it comes to choosing the right business.

Questions like - "Is this the right business for me? What if it doesn't work out? Where am I going to get the time to dedicate to my business and my family commitments? Questions like these are enough to drive most of us, female entrepreneurs, to inactivity.

That is why it is imperative to have a strong desire to achieve your desired goals. We must be clear on our purpose, on what inspires us, in finding our "why" then we will start building confidence, our productivity will increase, we'll feel we have a purpose, we embrace the outcome and our motivation will raise.

4. I AM TOO OLD TO START AN ONLINE BUSINESS

We are living in a new era, and yes, we have to be familiar with apps and technology devices whether we get into a business or not.  But this is just an excuse.

Let's stop dwelling on the idea that we are too old. If you fall in the over 50's category and feel insecure because you didn't grow up with computers, or frustrated because you type slowly on the smartphone, you are underestimating yourself.

It is not the technology that is the problem, it is our mindset. Being a great entrepreneur, no matter our age is such a huge advantage right now.

If you are a truly great entrepreneur, the only thing stopping you from keeping up is your lack of confidence.

5. LACK OF KNOWLEDGE OR SKILLS

To be a successful entrepreneur, we need to master several key skills, these skills will give us more confidence when different situations arise.

What skills should you learn? It very much depends on your type of industry – although you may know them already, there are several skills all entrepreneurs need at least a basic understanding to run a successful business.

There is a lot to learn when running a business. And nobody knows all of these skills right away; you learn them over time.

The key to being a successful long-term entrepreneur is recognizing areas you need to master and spending time learning to get stronger in those areas.

The most successful entrepreneurs spend time mastering new skills and turn them into strengths via learning which is the most effective way for improving your business.

WHY THE MINDSET PLAYS A KEY ROLE TO SUCCESS

Over two years ago I made the decision to start my online business. But instead of moving forward I let those 5 limiting beliefs hold me back. However, they didn't let stop me because I had a strong "why."

To start I continued with my personal development. My first objective was to change my mindset. The mindset has a direct impact on our behaviour.

It seems a small thing, but it makes a huge difference which accounts for the primary distinction between those who succeed and those who do not.

It is the most important tool and it affects our daily self-dialogue and reinforces our most intimate beliefs, attitudes and feelings about ourselves.

SURROUND YOURSELF WITH A LIKE-MINDED COMMUNITY

While I was working with my mindset, I continued my journey with the incredible SFM community of entrepreneurs.

Over the years I have seen that SFM has the potential to help those who are ready to move on to become successful in many ways.

They have a world-class marketing platform, superior training, and a very patient support team to assist their members. Your chances to achieve your financial and personal goal increases if you have a strong support group.

Thanks to the SFM guidance, I have been learning about how to use self-reliance, self-accountability, and self-determination.

YOU KNOW THERE IS MORE BUT UNSURE WHERE TO START

At one point, I was like you, deep inside I knew there was much more to life but I didn't know where to begin.

There are countless options out there, but if you want to learn how to turn your interests into income and create a life and a business that you truly love,  take a look at these free On-Demand Workshops.

You will learn a simple step by step process to find products to sell online. You will discover two simple business models you can start with immediately to generate an attractive income stream and how to earn high-ticket commissions to generate income with a laptop from anywhere in the world.

We are about to welcome 2020 and maybe, for you, is also the beginning of a new life, hope this article provided value to you and I want to encourage you to persist on your dreams until you succeed.

Which of these limiting beliefs have been holding you back? Leave a comment below to tell us what strategies you are using to overcome them. We'll love to hear from you.

To Your Success,

Luci