Everyone gets “butterflies” when they get ready to open their own business. Starting a business is a risky venture, but if you have a solid plan and a great product, you’ll do just fine in today’s marketplace. But when your “butterflies” turn into bigger fears, you’ll have to find a way to work around those pangs of terror and concentrate on your business. Following are ten tips for getting over the fear of starting a business.
Get Over Your Fear of Starting a Business: Start Writing Down your Goals
Surveys show that business owners who write down their goals are far more likely to achieve them. If you can pinpoint your specific business goals and sharpen them into a couple of sentences each, you’ll have something toward which to work and you won’t feel as though you’re shooting in the dark. Writing down your goals forces you to visualize them in your mind, which prepares you for the tasks ahead.
Get Over Your Fear of Starting a Business: Recall Why You’re Starting a Business
Fears can arise out of nothing more than a loss of focus. If you find yourself bogged down in the tiny details of starting a business — crunching numbers, calling vendors and setting up your store or office — take a minute to remember why you’re venturing into the business world. Often, renewing your passion for the business will give you a second wind and chase those pesky fears away.
Get Over Your Fear of Starting a Business: Shake Up Your Routine
Business owners can sometimes get caught up in the mundane day-to-day activities, which leads to fear of change. Start small by changing little things in your daily routine and getting used to change. Slowly build up until you’re ready to take that giant leap. Sometimes, just changing the order in which you do things in the morning can be enough to inspire a panic attack. Acclimate yourself to the concept of change.
Get Over Your Fear of Starting a Business: Accomplish Unfinished Tasks
When I first started my law practice, I was overcome with fear of the things that I hadn’t yet accomplished. I made dozens of lists of the things I hadn’t done and spent so much time worrying about them that it was weeks before I actually got around to taking action. Rather than brooding about unfinished tasks, go out and accomplish one or two. This will give you the sense that you’re moving forward, which will help to chase away fears.
Get Over Your Fear of Starting a Business: Refuse to Make Excuses
If you are constantly making excuses for your actions (or inactions), you’ll never conquer your fears. Just because you’ve never started a business before or because you’re not great with budgeting money doesn’t mean you can’t become good at those things. Rather than making excuses for your failures (or perceived failures) take steps toward educating yourself and training yourself to do them.
Get Over Your Fear of Starting a Business: Educate Yourself
Must of the fear you feel is fear of the unknown, which is perfectly understandable. The cure to fear of the unknown is education, so start learning everything you can about business and entrepreneurship. Check out books, read articles on the Internet, interview experts and familiarize yourself with every aspect of your business. Once you have all the answers, there won’t be anything left to fear.
Get Over Your Fear of Starting a Business: Don’t Allow Yourself to Become Overwhelmed
When things start to build up, you’re likely to come crashing down line a Domino train. Instead of allowing yourself to become overwhelmed, step back and make a list of the steps needed take care of the situation. Once you’ve outlined the activities you need to do, you’ll feel less overwhelmed by the whole situation. Remember that things will be taken care of in the order in which they present themselves. You can’t do any better than that.
Get Over Your Fear of Starting a Business: Play the “What-If Game”
Some experts encourage business owners to avoid the “What-If” game, but I suggest that you quench that desire. Think of the worst thing that can happen and decide how you will overcome all odds to fix it — believe me, there’s always a way. Once you’ve figured out how you’ll solve potential problems, they become less scary.
Get Over Your Fear of Starting a Business: Ask for Help
You can’t expect to do everything on your own, so don’t be afraid to ask for the help of others. Get advice from people who have been in your situation and those you trust most. Even if you just need someone to talk about the problem with you for a while, you’ll feel much better once you’ve laid it all out on the table.
Get Over Your Fear of Starting a Business: Spend Time with Family and Friends
Even though you’re worried about starting your business, you need time away from your desk. Give yourself a “quitting time” and meet it every day. Once you leave the office, go home and be with your family and friends; immerse yourself in that culture and forget about your worries at the office. They can be handled tomorrow after you’ve enjoyed some much-needed R&R.