Saturday, February 9, 2019

Guidelines For Growing Braver In Entrepreneurship

By Jerry Lee


You need to be brave when running a business to succeed. Successful entrepreneurs usually take risks due to the level of confidence they have built over time. For that reason, you need to consider a couple of things to reach to the point of making bold moves in business. The following are tips for growing braver in business to ponder on.

List down all your fears. The first step of dealing with your fears is by acknowledging them. Furthermore, you cannot deal with something you are not aware of. Some of the common entrepreneurship fears include fear to have a particular venture turn out accordingly and fearing to change to a new business when the other fails to work out. The simple act of noting down your fears will keep your brain kicking which will help in coming up with solutions.

Start with small moves. It is hard to make bold moves in your attempt to deal with your fears in the first instance. In that case, you should make small steps to deal with the fear of rejection. Making small moves will help in getting out of your comfort zone which most people do not like to move out from. Continue making bolder steps whenever your initial attempt becomes successful.

Make everything fun. You should permit yourself to work something out of the box idea that will illuminate your situation. For instance, try to relate your business to a particular music band or artist and commit yourself to learn about the band or artist. You might end up surprised that the artist or band faced similar problems like yours but managed to succeed in the end.

Tame your personality. Your personality can be your greatest setback or your weapon at the same time. Most people have cowered into their character failing to unlock their full potential. Working on your personality does not mean that you have to change into something new. You need to maintain your old self to remain authentic in everything you do. Clients and stakeholders tend to love a personality that comes out naturally and finds it easy to relate to.

Consider taking risks. One cannot learn whether something can work well or wrong without doing something different. In that case, move from your safe cocoon and try something new but related to your goals and check the outcomes. Otherwise, you will end up stagnating at the same ground if you do not do things differently.

Re-think your risks. Studies have shown that there is a lot of cognitive biasness that interfere with the ability to assess risk. Therefore, people tend to overestimate the possibility of having something wrong more than the ability to handle the threat. The biasness lead people away from taking the risk. Therefore, being aware of the unconscious biases helps in making smarter risks other than safe ones.

Convert your failures to your advantage. Past failures can be a good basis to learn how to handle your new risks. Therefore, stop comforting yourself with past failures and use them as your basis of learning. Check various aspects that went wrong and look for reliable means to improve on them. Check new things that you can try to do through your failures as well.




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