February 16, 2007
The Fear of Failure
Yesterday we discussed The Fear of Disapproval and its effect on business performance. Over the course of the next couple of days we will examine the last two of the Five Irrational Fears that many Entrepreneurs and Small Business Owners face.
Today we are going to examine The Fear of Failure.
Most people do not set out to fail. Yet it happens all the time. Although the vast majority of people hate failure some folks become petrified by the mere fact that they might not succeed. This type of irrational Fear of Failure can often prevent entrepreneurs from taking action.
This fear can manifest itself in a lack of action. If you are petrified by fear you will fail to take risks, fail to make decisions and fail to adjust to the changing needs of your customers. This fear will be the death of your business.
A coach can help you deal with this fear in a swift and rational way. Your coach will sit down with you and help you work through the consequences of inaction which will often fly in face of your fear of failure. A coach can also help you learn from the misstep you might normally perceive as a failure.
In reality, a mistake is a learning experience and only becomes a failure if it stops you from moving forward.
Filed under: Attitude
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