HOW TO TAKE FEAR BEFORE LAUNCHING YOUR BUSINESS
The French edition of the journal Psychologies calculated: every second employee wants to change jobs. Maybe you dream of change or even your own business, but do not dare because of fear of failure?
Translated advice on how to overcome this fear.
Why am I so scared?
At the stage of inspiration, your goal is clear: tomorrow you launch your brand, compete with the largest companies or win the contest “The Best Bakery of the City”.
What happens next? The state of euphoria goes into the next stage – panic. “It’s impossible. I have no skills. I am alone and no one will help me. And if I fail, what will I do next? ”
5 tips to help you get started.
Fear is a natural psychological mechanism, an alarm that sounds to help us survive. In prehistoric times, fear was useful and helped to escape from a dangerous animal. But today, on the threshold of starting a business, this emotion limits.
How to get rid of fear
1. Accept the possibility of failures
It was the fear of failure that prevented many talented entrepreneurs from starting a business and conquering this world. Fear of failure, condemnation of others, depreciation of oneself (“Forever with me everything goes wrong”). Because of this, you postpone the start of the project for later. Only “later” will not come.
Take the following statement as a fact:
Yes, you will surely have failures.
Not a single entrepreneur escaped this. It is impossible to start something new, take risks and not make mistakes.
But do not dramatize your failures. You were mistaken: you miscalculated somewhere, you were too naive or presumptuous. Knowing this, it’s much easier to adjust the strategy and adapt it to reality, rather than your ideas about it. Take every mistake as a step forward.
2. Communicate with those who can help
Find people who have successfully run their business. Ask what their day looks like, what difficulties they face. If this is a famous person whose example inspires you, read the interview with this person.
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Goal. Stop fantasizing about the unknown and start visualizing the steps. So you divide the huge paralyzing target into small stages and feel less helpless.
For example, find that you don’t need to quit tomorrow to rush into the business world. You can start with lunch with an old acquaintance, who, incidentally, is an excellent lawyer accountant or works in the lending department. So you will smoothly begin to move, day after day, step by step.
3. Make a list: what is and what is missing
It’s time to move on to reality: what are your needs and resources. For example, you want to open a yoga studio. To do this, you need to understand the directions and, preferably, practice yourself. Maybe your yoga trainer would like to work in a new place – you already have one teacher. Or you want to teach yourself, and then you need to get a certificate.
At the stage of determining the source of resources, think broadly. Do not underestimate either your skills or your surroundings. You surely know someone who is familiar with the right person. You will feel prepared and less lonely.
4. Solve the budget issue
Business is always associated with financial risks. This causes natural fear. At such times, budget allocation is very important.
Define your expenses. Rental housing, loan payments, taxes, insurance, food, entertainment – this list requires honesty in order to distinguish obligatory from unnecessary expenses. Perhaps a few months of savings will help raise the right start-up capital.
5 tips to help you get started.
If more impressive amounts are needed, then there are many options: competitive programs, investors, credit, help from relatives, crowdfunding campaign.
If you do not have enough inspiration or knowledge to solve this issue with the budget, talk to those who have already figured out. You are not alone, someone must have gone through the same problems.
5. Clearly define your fears.
Fear allows you to know yourself better. Write down your fears and delve into yourself – find out what is really behind this emotion. Often fear is born out of purpose. For example, too ambitious a goal means the risk of being paralyzed in front of your own project.
An effective way to deal with fear is to articulate it clearly.
“I’m afraid not to make money” sounds too abstract, but “I’m afraid not to make X money in Y months” is already a real fear that is easier to fight with.
Imagine the worst thing that can happen. Now try to look at it realistically. The statement “I will not earn anything by opening my coffee shop in a busy place in the city center” is probably incorrect. Most likely, you will earn some amount, just this income will be less than expected.
And now, having determined your fear in the most concrete form, think: what will you do in this case?