The Biggest Obstacle to Success – Move Your A$$ Monday #34
The fear of failure stops more people from succeeding than anything else in the world. Warren shows you how the difference between smart risk and foolish risk can minimize your fears.
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Move Your Ass Monday! #34 – Fear of Failure: The Biggest Obstacle to Success
Hi this is Warren Greshes and welcome to, “Move Your Ass Monday!” I’m here to eliminate all the excuses, get your week started on a high note and make sure you reach your fullest potential.
The fear of failure stops more people from succeeding than anything else in the world. Most people are more worried about what could go wrong, than they are optimistic about what could go right.
At some point in your life, if you want to be successful, you have to take a risk. You can’t worry about “what should happen if it doesn’t work out?” As soon as you start saying that it means you’ve already convinced yourself, before you’ve even started, that it won’t work out.
Many years ago, I taught a course on sales and marketing to women and minorities who were interested in starting a business or had just started one. The course was offered through the Urban Business Assistance Corporation. It was run by MBA candidates from New York University’s School of Business.
Once a year, I would speak to these MBA candidates on marketing for small businesses. One day, a student asked me a question I’ll never forget. He said, “When you started your business, what was your contingency plan for failure?” (Is that a typical MBA question, or what?)
I looked at him and said, “There was none. The thought of failure never once crossed my mind. If it had, I wouldn’t have bothered to start the business.”
Yes, if you quit your job and start your own business, you could go out of business. And yes, if you quit your job and start a new career, there’s a chance it won’t work out. If you pick up your family and relocate to another part of the country, you might end up hating it and having to go back.
But I’ll bet the single, biggest reason you made or even contemplated those changes was because you weren’t happy with the circumstances you were in. Besides, I advised you to take a risk; I didn’t say take foolish risks.
A foolish risk is embarking on a new career that you haven’t tried out already in your spare time or, at least researched fully to see if you would like it.
A foolish risk is going into business without a comprehensive written business plan, or without a love and passion for what you want to do.
A foolish risk is choosing a place to live by throwing darts into a map, or packing up your family and going because you read about it in a magazine.
A risk doesn’t have to be a rash, spontaneous act. It can be well thought out and calculated. Planning ahead always helps to tilt the odds of success in your favor.
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