Time to Ditch the Fear of Failure

Time to ditch the fear of failure

Everyone views failures differently – what might be a triumph for one could be a major disappointment for another. You may have experienced this in school while your classmates shielded their results from one another, knowing that everyone’s standards are slightly different. Failure has a lot of negative connotations but perhaps surprisingly, it can be taken positively too.

There are many, many sufferers of atychiphobia – the fear of failure – but we can safely bet that, if you’ve embarked on your business journey, you are not one of these people. Those who are scared of failure often don’t even try at all, in case failure rears its head.

Realistically, failure is rife in the business world. Running from it may mean that you miss out on a lot of opportunities for your business to grow. It’s also not healthy to run head first into every opportunity recklessly, without considering the implications. As with everything, approaching failure is an art and requires a great deal of balance.

You will fail…..get used to it.

It’s undeniable! Growing a business comes with its own unique set of risks, meaning that failure is definitely on the cards.

In 1955, two men created a type of putty which was intended to be wallpaper cleaner. They seriously misjudged the demand and ended up with a product that seemed to be a huge failure. By chance and a few convenient connections, the product ended up on the table at a nursery school where it was an instant hit. The children loved it and found it a much better material to use when they were moulding their imaginations into something physical. The product became a huge success, so much so that there isn’t anyone alive who doesn’t know the name Play-Doh and associate the brand with happy memories.

Failure doesn’t always directly lead to a major success as it did in the case of Play-Doh and you can’t always physically use your failures. You can, however, always use the things you learn from your failure.

What doesn’t kill you……

We’re sure you’ve heard every failure cliché under the sun. We all know that failure is supposed to make those successes even sweeter. We know that what doesn’t kill us makes us stronger and we know that failure is just another word for experience. The most frustrating thing about these clichés? They’re all true, to some extent. So, how do we start taking them seriously?

The best thing you can do for your business is to take failure as it comes and not get knocked down and permanently defeated. There’s no need to glorify failure – we all know that failing is disappointing and demoralising – but there is a need to treat it like the lesson that it is. Dusting yourself off from failure means that you’re giving yourself another chance to get it right, maybe not next time, or the time after that but at some point down the track. It takes time to look at failure as a positive, but your business will thank you for it.

There is no denying that failure is scary, but using the failure to grow your business is a true art. If you’re ready to master the art, we would love to hear from you. Call Bx on 1300 068 229, or find out more about what we do here http://www.businessforlife.com.au/ProgramFindOutMore

Does Rejection Make Your Business Stronger?

Does rejection make your business stronger?

If you’ve been in business for any length of time, you’ll know that having clients choose your competitors is part-and-parcel of the job – even the biggest and seemingly successful businesses in the world come up against clients who will choose someone else over them. So what happens when you come up against rejection and what do you do next? Let’s find out:

A few bad apples don’t need to spoil the bunch…..

Rejection needs to be expected. It happens! Maybe it’s a fault in your business or maybe it’s a hang up on your potential client’s side. Either way, expect there to be a few bad apples along the way and don’t get too hung up on it or take it personally. It’s important to have long-term goals too. Coming face-to-face with rejection can be debilitating if you’re not sure where to go from here. If you have a goal to acquire 20 new clients this year, it becomes easier to look beyond the one rejection and move on to achieve your goals.

Keep the conversation open…..

Just because your potential client has said no this time, it doesn’t mean they’ll say no next time. Any number of things could happen in between now and then causing them to return to you, so you want to make sure the relationship you have begun stays positive and isn’t terminated just because they choose someone else. Acting negatively towards the client and rejecting them in return significantly slims down the chance that they’ll return to you next time. Treating them mean to keep them keen might work in the dating world but it won’t go down well in the business world.

Ask for feedback and take it on board…..

Perhaps it was your pitch that didn’t quite hit the mark or maybe your competitors are simply offering something better. You’ll never know if you don’t ask. There’s no need to be overbearing; a simple, kind question to see what their decision was based on can be very telling, even without pressing for too many details. If there’s something you can change or improve upon based on their feedback, take note and take action. It could mean you come up against less rejection later on.

Celebrate your successes…..

Rejection comes around often, but so do successes. Remember your successes often and feel free to pat yourself on the back without shame! Note what works well and keep it all in mind when you do encounter rejections. The rejection shouldn’t defeat your drive in your business, so have a collection of success stories on hand to draw on and boost your morale.

Rejection might seem like a door is slamming in your face but it may actually push you in a different direction, toward more success.

If you’re ready to start bouncing back from rejection and turn it into a success, we’d love to hear your business story and help you to move forward from here. Call Bx on 1300 068 229, or find out more about what we do here http://www.businessforlife.com.au/ProgramFindOutMore

 

How to Network Without The Icky Factor

How to Network Without The Icky Factor

Matt Alderton, Bx, Business for life, networkingDoes the idea of “Networking” conjure visions of eating bad canapés and lurching from one uncomfortable and superficial conversation to the next?

Have you ever attended a “Networking” event and felt like everyone was just in a big race to see who could hand out the most business cards first?

I have. And that is just plain “Icky.”

In fact, a scientific study recently featured in the Harvard Business Review has proven that professional networking actually makes people feel dirty.

Yep, seriously… it makes people feel physically dirty – like they want to take a shower afterwards!

Researchers suggest this is because we generally think about morality in terms of cleanliness and most of the time, professional networking feels very “contrived” and it increases people’s feelings of inauthenticity and immorality (hence the whole “feeling dirty” thing).

That’s why, even though we HerBusiness gives members loads of opportunities to connect with others  – we are definitely NOT about that kind of “Icky” Networking.

We showed that kind of networking the door years ago. What the same study DID find is that Networking had a positive association with job performance.

That means, whilst it can be great for your business in terms of winning new business, making useful connections and expanding your reach, most of the time you’re going to feel pretty uncomfortable with it.

So, how can you get all the benefits of networking without the “icky-ness” factor?

Look for organisations that offer alternatives.

Instead of hyped up, short term meet and greets, seek out interactions that have depth, authenticity and a good dose of practical advice and humour thrown in.

You’ll be creating relevant and vibrant connections with other business owners who will be good for your business – either as valued clients, suppliers or cheerleaders.

I like to think of the word network means “support team”.

Look for networks low on “Icky” and high on real conversations, solid advice and wholehearted support.

I like the way that Corryn Barakat of Milk and Love explained a meeting that she really liked…

“It’s the most grounding and invigorating forum I’ve attended as a Small Business Owner. All of the attendees provided useful points of view I hadn’t previously considered, and the size of the session means it felt intimate – like a group of your best friends getting together over coffee!”

So, look for a community where you can get real, valuable support from like-minded business owners.

Suzi Dafnis is the CEO of HerBusiness, which teaches women business owners how to market, operate and growth their business. Learn more at herbusiness.com/about

Small Business and the 2017-18 Budget

Last night we saw our fourth Budget handed down from the current Government and there were no major surprises for small business owners. Yet, was it enough? As a small business owner, is there enough being done to drive your profitability, resilience and long-term success by the Government?

 

Why Small Business?

I am often asked by people why the Government should spend resources and funds on small business. ‘Shouldn’t it be the responsibility of the business owner to achieve their own success?’. This is not a simple answer, and the same could be asked of all Australians. Before we dive into the 2017-18 Budget, let’s take a look at WHY small business is important to the Australian Economy.

  1. Small business employs more than 60% of working Australians – According to figures compiled by Saul Eslake, and discussed in an article by Adam Creighton in The Australian:
    1. Businesses that employ less than 20 employs approximately 45% of private sector employees
    2. Businesses with 20-199 employees employ approximately 25%, and
    3. Businesses with 200+ employees, approximately 20%.
  2. Small business is paying the way for Australia
    1. The ABS reports in 2015-16 taxes on income accounted for 57% of revenue (across all levels of Government).
    2. Taxes on the provision of goods and services accounted for over 23%

Not only is small business paying company and other taxes, they are paying the wages of 60% of the Australian workforce, contributing to the PAYG tax collected by the ATO.

It’s clear that small business is a key player in the revenue generated by the Government, yet are the measures to support and strengthen this critical sector our economy – the ‘engine room’ as it is so often referred to – enough to ensure this sector becomes stronger and more resilient.

Last night the ABC reported that 3 out of the last 4 quarters had seen negative growth in the retail sector – a significant segment of small business. Even the cafe and restaurant sector, has seen negative growth.

With greater than 50% of small businesses failing, small business needs more than a tax break on profits to create long-term growth and sustainability. Dun and Bradstreet’s Failed Businesses Report, shows that in 2016 the ACT recorded its highest number of business failures in three years.

Interestingly, small business may make up a significant portion of the Australian economy, but how much of that is actually collected? The Australian reported in an article by Robert Gottliebsen, the ATO is owed $19 billion in overdue tax, of which $13 billion is owed by small businesses with turnover up to $2 million.

The engine room is clearly struggling.

The Budget Wrap-Up

Okay, so it’s not all doom and gloom for the small business sector. Although I don’t see it as a clear win for small business, there are still a number of measures that will bolster small business.

  1. $20k instant asset tax write-off – this has been maintained for the 2017-18 FY for businesses of up to $10m. No surprises here.
  2. Red tape reduction incentive – States and Territories have been promised a $300m  payment over 2-years towards innovation. Let’s see how this filters through to small business.
  3. Small businesses employing foreign workers on 457 Visas will now be slugged with a $1,200 per year per worker, along with a one-off $3,000 payment. This replaces the need to report training spend required of 1-2% as previously required. I can see this impacting the hospitality segment especially, with a high number of foreign workers, and incredibly tight margins.
  4. The Black Economy – a crack down on the ‘cash economy’ is on its way. Businesses still operating by under-reporting, falsifying records and illegally avoiding paying tax are under threat. Let’s face it – it’s about time. If you are operating this way, you deserve to be caught – you are lining your pockets at the expense of all Australians. This will include businesses that pay cash to employees and businesses that don’t declare cash payments. Next time you walk into a local cafe that doesn’t have EFTPOS…ask for a receipt.

 

What is missing?

If the Government is serious about creating a strong, resilient and sustainable small business sector, we need to focus on two key elements.

  1. Funding for small business – cashflow is the number one issue for small business. The bank’s pledge small business funding, yet it is not accessible to the majority of small business. There needs to be a State or Federal solution to this.
  2. Education for small business owners – the more I work with small business owners, navigating the many challenges and opportunities that they encounter, the more obvious it is. Small business owners need training and education in the areas outside of their trade craft. Too often small business owners are expected to be the expert in all areas, accounting, taxation, legal matters, social media and marketing, structuring, systems, HR and so on.Yet, to get professional advice in all these areas is financially unachievable. Training and education is, therefore, essential and should be a high priority for both State and Federal Governments.

There is it, the Budget 2017-18. Hon. Scott Morrison stated in his Budget speech, “…business is responsible for a large part of driving revenue growth for Australia.”

If 4/5 of the budget repair is driven by growth, then business success is fundamental.

Are you going slow enough?

It goes against our natures as business owners and entrepreneurs; we want to be all go, all the time – after all, isn’t that how we get things done? There’s a whole different line of thinking taking hold in businesses today – mindfulness. It’s not a new idea but it’s one that might not be such a bad idea when it comes to being more productive and focused in your business.

The idea of slowing down in your business is similar to the idea of slowing down when you’re driving in the car – slowing down makes it easier to drive safely and efficiently. It’s easy to want to speed – it’ll get you there quicker – but if you’re speeding up by cutting corners, ignoring warning signs and not following proper procedures, you could end up driving yourself into some nasty terrain!

What can you achieve when you slow down?

  • Focus and Perspective; taking the time to stop and absorb your surroundings means that you can focus on what’s important and concentrate all your energy on that.
  • Insight; slowing down means you can see what’s coming up and you can prepare yourself better for it, instead of waiting until the last minute.
  • Well-thought out conversations; whether you’re conversing in person, online or through your marketing materials, taking the time to think about what you’re going to say before you say it can result in more effective conversations.
  • Reflection; slowing down can give you more time to revisit your goals, assess your progress and readjust.
  • Enjoyment; instead of rushing so fast that you can’t enjoy what you’re creating and achieving, there’s something in stopping to smell the roses and enjoy what you’re doing!
  • Rest and rejuvenation; everything listed above is fantastic, but it might not ever get done if you don’t take a break to make sure you’re well rested so you can get things done.

A study of 343 businesses has found that the companies who were focused on always pushing forward and moving at a fast pace to gain an edge over their competitors were actually more likely to have lower sales figures and operating profits. Those who took time at important moments in their business life were more likely to stay on track and meet targets, showing us that slowing down doesn’t mean that productivity suffers as a result.

It might be easy to talk about slowing down, but how can you actually start to practice ‘being slow’ in your day-to-day business life? Yet another study tells us that 46.9% of the time, we’re thinking about something other than the task we’re involved in, how do we get our mind to focus?

  • Concentrate on one task at a time. Things might get done a little slower, but you’ll be getting the tasks done at a high standard every time.
  • Eat slowly and away from your desk. It might sound a little pointless, but eating slowly means that you enjoy your food, you focus on your senses, you get a little me-time and you fill up from less food, meaning less food breaks later in the day, keeping you efficient.
  • Get moving. A  5-minute walk in-between tasks allows you to clear your head, spend time enjoying the fresh air and ready yourself for the rest of the day.

Even though it goes against everything we’re told to do, taking that time to slow things down and think things through could do wonders for your personal sanity, as well as your business’ growth.

Do you find slowing down difficult or struggle with getting organised and focused so you can be productive? We’d love to speak about how we could help your business to improve its performance. Call Bx on 1300 068 229, or find out more about what we do here http://www.businessforlife.com.au/ProgramFindOutMore

How To Make 2017 Your Best Year In Business

2017-Icon-250x250

The New Year is well and truly underway now and those resolutions we made on the brink of 2017 are still fresh in our minds. Whether we’re feeling the sting after failing three days in or we’re still going strong, there’s no doubt that a new year is a time to be thinking about how we can be better versions of ourselves in the coming year. It doesn’t just apply to our personal lives – have you considered making resolutions to better your business this year? It’s not too late! Here are three easy steps to make your business the best that it can be.

Get a Vision

What does the best year in business look like to you? This is a time to let your imagination run wild. What do you dream for your business, where would you like to be at the end of the year, what do you wish you could do with unlimited resources? Dream big! No two visions are the same, but by thinking radically about your business, you’re pin-pointing all the possibilities and laying them on the table.

Daring to imagine all those possibilities might seem a little wishy-washy to you, but gather all those possibilities and shape them into a sentence or two that sum up your hopes for your business this year. Now, you have a clear statement of where you want to go, you can lead your business forward.

Set Goals

Those few sentences that hold your business vision might seem a little daunting but there’s no reason to feel overwhelmed!

Your vision is very closely linked to your goals but your goals are allowed to be a little more specific – in fact, it often helps when your goals are as small as they can be. Your vision is never going to be fulfilled overnight; it’s those small, specific goals that will keep your business moving towards the vision throughout the year.

Take apart your vision until you get it down to bit-sized pieces that can be ticked off during the year. Think about what you can be doing every day, week, month, quarter and year to be moving closer to your vision. The best way to make sure you’re doing this is by setting aside time to plan, create, manage and adjust these goals during the year.

Take apart your vision until you get it down into bite-sized pieces that can be ticked off throughout the year. What can you be doing every day, week, month, quarter and year to be moving closer to that goal? The best way to make sure you’re doing this is by setting aside time to plan, make, manage and adjust these goals throughout the year. Here’s a handy guide for you – make it your own and start smashing through your goals:

Seize Every Opportunity

You might have dreamed up the best year possible for your business, but what will you do when little unexpected things pop up throughout the year? We can plan all we like but unfortunately; we can never plan for the unexpected.

Whether it’s a setback or a wonderful opportunity, you need to be ready for anything. Be ready to see the best in a bad situation and use it to your advantage. When it comes to amazing opportunities, you might be in the right place at the right time, but if you haven’t prepared yourself, you could find yourself watching the opportunity sail right past you.

Success is when preparation and opportunity collide – don’t miss out on success for lack of preparation.
With these three easy steps, you’re on track for the best year in business you’ve ever had. Here’s to a new year of business!

In business, it’s important to start the year strong. Through our Business for Life program, we help business owners from across Australia build a toolbox of skills that they can use to grow their success. We’d love to chat about how we could help you. Call Bx on 1300 068 229 or find out about our Business for Life Program here.

10 Things To Do In Your Summer Break To Set Up for 2017

 

sales2

 

The summer break is a great time to unwind, relax and spend some time with friends and family. These relatively commitment free weeks can easily be used as an escape from thinking about our businesses, but it can also be a great opportunity to gear up for coming year so that when the clock ticks over into 2017, you’re ready to go!

Sales

  1. Are you in the habit of acknowledging your clients? Our clients are the people who keep us in business. Christmas is a great time to send a quick thank you card or even a small gift to acknowledge how important they are in the everyday flow of business. If it’s too late to get started on those thank you gifts, it’s worth spending time planning your acknowledgements for the coming year. Whether it’s a card, gift or even a simple follow up call, it’s going the extra mile that keeps your clients coming back for more.
  2. Taking time out to look over your website could be extremely valuable in the New Year. What can you do to make your website more conducive to sales? Are your clients using it as you intended or have they found shortcuts? Are your links easy to find? You don’t need to make all the changes during your holidays, it is time to relax after all! Simply spend a little time looking it over and making notes, the changes can come when you get back to work.

Marketing

  1. Mapping out the first 6 months of the year can be extremely valuable. Deliberately plan when you will post on social media or when you’ll distribute marketing materials. If the Christmas meal left you feeling lazy, bounce ideas off your family and friends and write them down so you’re ready to go when you walk in the doors of your business in 2017.
  2. Is the content on your website relevant? It might be time to take a little time and consider how relatable your content is. Are you still recycling content from 5 years ago or has your blog been left desolate for a few months? Take note of whether you need to revamp and update in the New Year to make sure your clients stay interested.

Networking

  1. With online networking being bigger than ever, it’s important to spend a little time updating your online presence. Updating information can slip our minds during the busy year, but your summer break is a great time to make sure all your information is current – all those achievements and qualifications from the past year can really help you shine online. If you’re not already online networking, your summer break is a great time to get set up.
  2. This downtime is also a great opportunity to perfect your business pitch. Come up with 2 or 3 pitches of differing lengths (think 30 seconds, 1 minute or even 5 minutes). Practice on your family and friends and get their honest feedback; by the end of your summer break, you’ll be well prepared to deliver your pitch at the next networking event you attend.

Mindset

  1. Setting goals and New Year resolutions is a common task for many at the beginning of a new year, but how often do you sit down and reflect on everything you’ve achieved in the past year? You’ll find that not only did you work really hard to reach those goals you wrote down, you triumphed when unexpected situations arose. A quick reflection can give you the motivation you need to thrive in the New Year.
  2. During the holidays, it’s tempting to kick back and put all thoughts of work aside. Setting apart time to relax is extremely important but it’s also important to set the tone for 2017. Finding the perfect balance between rest, work and play in the holidays will set you up to have a balanced mindset throughout the rest of the year.

Self-Development

  1. What do you want to achieve in 2017? The goals you choose might be linked to your business or they might be private, personal milestones you want to reach – either way, it’s important to write them down so you can visualise them and work towards them all year.
  2. Make that first step towards your goals. Do you want to learn a new language so you can reach more clients? Do the research now and find an institute that can give you that skill – they might not commence class for a few months, but you’ll be ready to enrol when they do. Prepare yourself early so you can smash all your goals this year!

Have a fantastic summer break – we can’t wait to see what 2017 brings in the world of business!

 

Through our Business for Life program, we help business owners from across Australia build a toolbox of skills that they can use to grow their success. We’d love to chat about how we could help you. Call Bx on 1300 068 229 or find out about our Business for Life Program.

 

What Kind Of Influence Do You Have?

In business, as in the wider world, there are two main groups of people: those who are positive influencers and those who are negative. It’s often easy to assign those labels to people we know – there are probably faces swimming in front of your eyes right now as you think about all the different influencers within your business – however, it’s just as important to be considering which category you fall into.

Top 5 characteristics of a negative influencer:

  1. Has a passive aggressive attitude
  2. Only does what is required, never going above and beyond expectations
  3. Focuses on the negative aspects of any/every situation
  4. Is easily (and vocally) jealous of the opportunities others receive
  5. Is looking to bring others down or pick holes in their achievements

Negative influences in your business – whether the attitude is coming from you or someone else – can greatly decrease the productivity of your team. Negative attitudes are almost contagious, and by letting them inside your business you’re inviting crankiness, unhappiness and discontentedness to run riot. Everyone has their bad days, but when those bad days turn into weeks or months, it might be time to get to the core of the issue, re-evaluate and work towards turning the attitude around.

Top 5 characteristics of a positive influencer:

  1. Is looking to inspire and enable others to reach their goals
  2. Supports people through the exciting times as well as the difficult times
  3. Helps others to correct mistakes and has encouraging words
  4. Comes in with a positive attitude and a smile
  5. Goes the extra mile whenever they can

Much like negative attitudes, positive attitudes can also be contagious. We all feed off each others’ energy in business, so it’s important to have an energy that is conducive to getting work done. A positive attitude can lead us to have better strategies when facing challenges and making effective decisions.

If you’re a positive influencer – good news! You get to keep doing what you’re doing. If you’ve discovered some hater characteristics within yourself, it might be time to get to the root of the issue and work towards becoming a positive influence within your business.

In business, attitude is everything. Through our Business for Life program, we help business owners from across Australia build a toolbox of skills that they can use to grow their success. We’d love to chat about how we could help you. Call Bx on 1300 068 229 or find out about our Business for Life Program.

How To Stop Missing Goals

setandreachgoals

Everyone has lofty goals; some of us want to increase sales or get that promotion, some even have grand plans to change the world. Those goals can be easy to set, but how often do we actually reach them? My bet is, not very often.

There are a few mistakes people make and the biggest of them is trying to tackle one big project in one go without much thought. Many people become overzealous in their attempt to get something done and jump straight in but, while doing so can often feel productive – we all want that instant gratification – taking too big of a leap can mean we find it difficult to keep our heads above the water and inevitably find ourselves overwhelmed.

Failing to specify the details of our big goals can doom us to fail right from the beginning; when our mind is unclear of what we really want, we struggle to visualise where we want to go and we give up. Losing sight of our goal can mean we lack the commitment to all the tiny details, so we start moving away from that goal instead.

“When eating an elephant, take one bite at a time.” – Creighton Abrams.

If we think of a university degree – a big goal, chased after by many people, young and old – we can see how a goal can become overwhelming. Degrees are made of years, which are broken up into semesters and then subjects. Each subject has a list of assessments while the assessments themselves are comprised of paragraphs, sentences, words and letters. The smaller your goal is broken up, the easier it becomes to achieve.

A university degree seems insurmountable when you think of everything due at the end of the semester, but it simplifies itself and seems far easier to attain when you think of it as writing one word after another.

The next time you set yourself a goal, ask yourself these questions:

What do I want to achieve? Sometimes, this could be stating the obvious, but for bigger, more complex goals make sure you consider all the details; if you want your income to increase by the end of the year, write down the exact amount so you can visualise and work toward it.

What do I need to reach my goal? Think about every little step you can take on your way to the big goal, as well as people you might need to network with and set out a timeline.

How can I break it down? Break down every task, regardless of how small each step becomes. Remember, every tiny step is getting you to that giant goal.

How long will each task take? Setting realistic time boundaries, for each individual task can help you get to that big goal, on time. Setting mini-deadlines can keep you moving forward.

Do I need help? Thinking you’re alone in this journey can be detrimental to actually achieving your goals. Think about who can best help you to move forward and contact them to see if they’re willing to help you when you need it.

What can I do right away? After you’ve written out all your mini-deadlines and tasks, you’ll find there are some small things you can do straight away to start moving forward. The best part? You can put a little tick next to that box and get that instant gratification we mentioned earlier.

Remember, your goal will hopefully have a positive effect on your life, business or career – staying positive on your journey to achieving the goal means that your goal will be even sweeter when you get there!

Goal setting plays a massive role in all aspects of business. Through our Business for Life program, we help business owners from across Australia build a toolbox of skills that they can use to grow their success.  We’d love to chat about how we could help you. Call Bx on 1300 068 229 or find out about our Business for Life Program.

Leaping With Faith

leap-of-faith

You know the feeling; it’s that tiny voice in the back of your mind and the butterflies in your stomach when you have the opportunity to take a giant leap in your business. Unfortunately, for too many people, the risk seems too great, even when there could be a great result on the other side.

At 2015’s Bxponential, Emanuel Comino spoke about the impact just 20 seconds of courage can have when the fear starts to set in. It’s those 20 seconds when you decide to leap into a new opportunity, which set you up for everything that is still to come.

Your business can be a little like a choose your own adventure story; when you’re faced with that nerve-wracking situation, you can ask yourself two questions to decide to move onto the next page:

What if you don’t?

There is a risk in jumping into the unknown – absolutely no one will deny that. Even entrepreneurs who’ve been in the game for decades will tell you that the fear of failure is still there, tapping them on the shoulder. Instead of turning around, they stop caring about failing; they believe in what they’re giving their clients, so they can keep moving forward with confidence.

“Some failure in life is inevitable. It is impossible to live without failing at something, unless you live so cautiously that you might as well not have lived at all – in which case, you fail by default.”  – J.K Rowling

The fear of failure has crippled many throughout history – some are so scared of rejection and failure that they do nothing at all. This approach keeps you in your comfort zone for now, but it means that you aren’t trying new things or pushing yourself and your business to the limits. How can you know what’s possible if you’re not willing to try?

What if you do?

Guess what? A little unease is expected when you’re faced with a big decision, conversation or opportunity. Instead of letting that fear be a roadblock, let it be your guide. When you start to feel a little uneasy, let that be the sign that reminds you it might be time to use those 20 seconds of courage you’ve been saving up.

People who have fears – perhaps of spiders, the dark or even dogs – are often told to confront those fears; looking at a spider, putting yourself into a dark room or interacting with a dog can be incredibly scary, but if you do it often enough, it starts to become normal. The fear may not ever go away, but you can start to gain control over it and maybe one day, you might look back and say ‘why was I ever worried about that?’.

Remember, it’s courage over fear – don’t waste your time trying to eliminate your fear, instead, build up your courage so that it’s ready to go when fear does start to creep in.

In your business story, are you going to choose to stay safe on page one, putting things off forever to avoid failure? Or, will you choose to leap with full confidence to see what the rest of the pages in your story look like?

 

Through our Business for Life program, we help business owners from across Australia build a toolbox of skills that they can use to grow their success. We’d love to chat about how we could help you. Call Bx on 1300 068 229 or find out about our Business for Life Program.