Five keys to Overcoming Fear

As discussed in my previous article, Fear is a fundamental human emotion that influences entrepreneurs just as it does every other person. Here, I’m exploring fear and how we can overcome it.

Søren Kierkegaard, a 19th-century philosopher, believed fear and anxiety are essential for personal growth. That said, understanding and managing fear is vital for leaders and entrepreneurs who aspire to make a significant impact in the world. Fear can be the barrier between current realities and the vast potential of what could be. In this post, we’ll discuss fear, its causes in entrepreneurship, and share five keys to conquer it.

What is fear?

Fear is an emotional reaction to the belief that we’re in danger, whether or not it’s real. In the context of leadership and entrepreneurship, fear stems from the anticipation of negative outcomes: failure, rejection, or the unknown.

Experiences stored in our subconscious minds often give rise to fear, which activates when a current experience reminds us of them and our Ego brings them up in the belief that we need protection. If we believe the evidence is false, we miss the opportunity to reinterpret and reframe the painful experiences. Perhaps we should think of fear as

Factual Experience Appearing Relevant.

Common Causes of Fear Among Leaders & Entrepreneurs

1. Fear of Failure: The worry their venture will fail.

2. Fear of Rejection: Concern they will experience rejection when things go wrong.

3. Fear of the Unknown: Anxiety about unforeseen challenges in business.

4. Fear of Inadequacy: The belief they don’t possess the necessary skills or resources.

5. Fear of Losing Control: The dread of external factors dictating the direction of their business.

6. Some fear the changes and new responsibilities success can bring, will paradoxically lead to hesitation and indecision

Five keys to Overcoming Fear

1. Develop a Growth Mindset: Embrace challenges and failures as opportunities to learn and grow. A growth mindset helps you view setbacks as essential stepping stones to success.
 
2. Create a Support Network: Surround yourself with mentors, peers, and a supportive community. This network can provide advice, feedback, and encouragement when you encounter fears.
 
3. Implement Stress Reduction Techniques: Fear causes stress. Regular practice of mindfulness, meditation, or even physical exercises can help manage emotional highs and lows associated with entrepreneurial fears.
 
4. Mitigate the downside: Knowing you have preparations in place for potential problems can ease your mind.
 
5. Take Action: Action dispels fear as you begin to see progress.

Conclusion

Fear is a natural and sometimes necessary emotion that can alert us to risks and help us prepare properly. However, when it becomes a barrier to progress, it’s essential to confront and manage it effectively. By comprehending its origins and applying these tactics, purpose-driven leaders and entrepreneurs can conquer their apprehensions, resulting in not only personal triumph and contentment, but also a more significant influence on the globe.

In sharing this knowledge, we not only push past our own fears but also help empower others in the entrepreneurial community to do the same. Remember, every journey begins with the courage to take the first step.

Which key will you focus on first?

ShelleyBridgman