Is Fear of Failure Holding Your Business Back?
Submitted by alesia on Tue, 01/31/2017 - 6:13pmGhosts, ghouls and goblins — oh my! While children clad in Halloween costumes may fear witches and zombies, many Villa Park businesses are equally terrified of failure. But since failure is an inevitable part of growing a small business, fear of failure could be holding you and your business back from success. Here are six ways to overcome your fear of failure:
Go step by step.
When we’re scared, it’s easy for fear of failure to paralyze us and we end up doing nothing. Instead of taking an all - or - nothing approach, break down what scares you into small, manageable parts. For example, if you’re afraid to approach potential investors for financing because they might say no, break it down into smaller tasks: researching potential investors, making a list of the most promising possibilities, finding connections through the Villa Park Chamber of Commerce to introduce you, developing your pitch and so on. Going step-by-step, you’re more likely to succeed, and each success will build your confidence.