How To Live With The Fear Of Failure While Building A Business

2. Think About The Greater Implications Of Your Business

Fear can also pale in comparison to the good you’re doing in the world. Macdonald Worley, founder of McDonald Worley PC, noted that “taking a moment to look around your business and realize that you are not only helping customers, but you are providing jobs for your employees and a way for them to provide for their families is one of the best ways to orient yourself in a success mindset.” And it’s true: no matter how big or small your business is, you started it to help people.

“If you don’t decide to go all in and make it work, you will fail. Burn the ships so you have no way out,” Worley advises. “Giving yourself no choice BUT to succeed is a great way to kick into high gear and take radical action.”Perfectionism is one of the byproducts of the fear of failure. We somehow internally believe that if we do everything perfectly, we’ve decreased our chance at failure.

How perfectionists find a way to prioritize completion over perfection differs, but common ways to move past the need to be perfect include practicing self-observance on the need for perfection, setting mini action steps, and asking for feedback so you can rely on others’ perceptions of your work, too.

Fear is simply an emotion that exists to protect us - but we can consciously decide how much we let it get in the way. Tap into the reason you chose to start a business and move your focus away from the fear and onto the action. This is what entrepreneurs do best.

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