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  • Writer's pictureMidori Verity

Embrace the Unknown: Conquering Fear of Failure on the Path to Success

Hey there, enterprising go-getters! Today, we're diving headfirst into a topic that often lurks in the shadows of our ambitions: the fear of failure. It's time to shed those shackles of doubt, rise above the fear, and unleash the powerful forces that lie within us. So, buckle up and get ready for a joyride of inspiration and actionable steps to conquer this notorious fear!

How women entrepreneurs overcome the fear of failure

The Fear That Holds Us Back:

Picture this: you have a revolutionary business idea that could change the world, but as soon as you start envisioning the path to success, a shiver runs down your spine. Doubt creeps in, and the nagging question of "What if I fail?" takes center stage. Well, let me tell you something, my fellow entrepreneur-in-crime: it's time to rewrite that script.


Warning Signs to Watch Out For:

  • Procrastination Paralysis: Putting off tasks and decisions due to fear of making mistakes or facing rejection.

  • Perfectionism Overload: Seeking unattainable perfection instead of taking action, causing delays and missed opportunities.

  • Comparison Trap: Constantly comparing yourself to others, feeling inadequate, and letting it dampen your entrepreneurial spirit.

  • Stagnation Station: Staying in your comfort zone and resisting taking risks or pursuing ambitious goals.

  • Self-Sabotaging Mindset: Underestimating your abilities and succumbing to negative self-talk that undermines your confidence.


Quote for conquering fear of failure in business

10 Steps to Conquer Fear of Failure to Reach Your Goals

1) Embrace Failure as Feedback: Change your perception of failure. See it as a stepping stone towards growth and a valuable learning experience. Remember, each setback brings you closer to success!

2) Set Stretchy but Attainable Goals: Break your big goals into smaller, achievable milestones. Celebrate each small victory, as they pave the way to conquering the grand ones. Here’s the proven Goal-Setting tool all my clients use.

3) Cultivate a Supportive Network: Surround yourself with like-minded individuals who uplift and inspire you. Seek mentorship, join communities, and exchange experiences to fuel your entrepreneurial journey.

Okay, okay - yes, this is a light plug for Fuel to Fire. However, our track-record of successful women entrepreneurs speaks volumes - just sayin’.

4) Embody the Growth Mindset: Embrace the belief that skills and abilities can be developed through dedication and hard work. Recognize that failure is not a reflection of your worth but an opportunity to evolve and improve. Hear how Stanford professor, Carol Dweck, talks about the power of believing you can improve, in her TedTalk.

5) Celebrate Your Strengths: Recognize your unique talents and strengths. Celebrate what sets you apart and use them as your superpowers on the road to success.

6) Learn from Role Models: Study the journeys of successful women entrepreneurs who have faced adversity and come out on top. Draw inspiration from their stories and let them ignite your inner fire.

Here are a few of my favorite role models...

Sophia Amoruso is a best-selling author, entrepreneur and founder of the American lifestyle brand Nasty Gal.

Ellen Latham - Co-founder of Orangetheory Fitness at the age of 51.


Cathy Hughes - the first African American woman to lead a publicly traded media

company. She founded and chairs Urban One, Inc., which includes 56 radio stations.


7) Take Calculated Risks: Step out of your comfort zone and take calculated risks. Remember, fortune favors the bold! Start with small steps and gradually challenge yourself to embrace larger risks.

8) Practice Self-Compassion: Be kind to yourself throughout your entrepreneurial journey. Treat yourself with the same compassion and understanding you would offer to a dear friend facing similar challenges. Seriously, get yourself a community of kickbutt women who will support you through those challenging moments. We all need a tribe who has your back!

9) Focus on Solutions, Not Problems: Shift your perspective from dwelling on problems to seeking innovative solutions. Embrace challenges as opportunities for creative problem-solving and growth.


A question I ask often - 'What if you worry more about overwhelming success versus fear of failure'?

10) Visualize Success: Paint a vivid picture of your desired future. Visualize yourself accomplishing your goals, feeling the triumph of overcoming obstacles, and basking in the glow of your achievements.


Recent research shows it’s even more impactful to visualize the shorter term successes. Think a week at a time.

To all you courageous women entrepreneurs, it's time to rewrite the fear-fueled narrative that holds us back. Failure is not the enemy; it's a teacher, guiding us towards greatness. Embrace the unknown, for within it lies the canvas upon which you can paint your dreams.

Cheers to your wild success and brilliant life!


 

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