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Facing Your Fears As An Entrepreneur

Posted in   Product, Team   on  August 9, 2022 by  David Loke0

Everyone I have ever talked to that is an entrepreneur has had to come face to face with their fears. I have had to as well. I want to share with you some of the techniques that I have used to face them. The first step is not to be in denial. You have fears even if you don’t readily acknowledge them. They sometimes take the form of that chatter in the back of your head that says you can’t do it.

Fear is such a huge issue preventing people from becoming entrepreneurs. I have heard from the CEO of a real-estate-based network marketing company that even though he has people packing out company seminars, maybe 2-5% of people will actually go out and apply the knowledge by putting offers on real estate. He is convinced that the rest are paralyzed by fear.

Here are some of the techniques I have used as I learned them from the entrepreneurs I know:

  • Think about what you do want. When you find yourself spinning the wheels in your mind over and again about your worst-case scenario, turn it around and focus on what you DO want. Visualize yourself getting what you do want. See the new house. See yourself talking to the interested person as they become a part of your business. You get what you focus on.
  • Change the voice. When you hear yourself telling yourself that you’re not good enough – you’re going to fail. Find ways to encourage yourself and keep going.
  • Voice them to a trusted friend or associate. Hopefully, you have been able to find some level of support from at least one other entrepreneur. You need some kind of support network from your team, upline, or corporate that you can talk to. Some people may tell you it is silly, you could even believe that you’re not good enough. However, don’t go looking for support from all those people who doubted you and told you it was crazy to go out on your own. They will never understand the entrepreneur.
  • Have a personal development library. I draw tremendous support from my library. It is not just filled with how-to resources, but also stories of others who conquered their fears. I couldn’t begin to list the many sources I have, but if you email me I can recommend something based on your own description of your circumstances.
About the Author David Loke

David Loke is the co-founder and CEO of ReadySpace, a Cloud Service Provider in the APAC region. In 2003, he started ReadySpace with the vision to provide customers with reliable, secure, affordable and simple online apps. It then evolved into what we call Cloud today. Being through a decade of running ReadySpace, it has now grown into a regional business serving business owners and its managers across various industries to their success.
Right now, he is taking his wealth of experience to help over 700 business owners as mentor and coach with an ultimate goal to multiply wealth creation.

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