This is probably the biggest looming question in any prospective Entrepreneur’s mind:

    "How Do I Overcome The Fear of Failure?"

I believe this is the single most critical question to ask, more important than any business strategy.

Unfortunately, it is one I hear less often than questions about strategy or industry trends. And, when it is asked, the superficial responses I’ve heard indicate that no-one really has a grasp on the complexity of this problem.

The usual answers include a list of motivational books or case studies of others who overcame this problem. Success stories of others may certainly motivate you, they may even give you some great ideas, but they will not change the deep down fears that have been installed over your lifetime in your unconscious programming. 

The voices in your head warning you about your potential for failure as an entrepreneur are very real. They are a part of your unconscious programming and a cause of your results.

In the next post we’ll have a short quiz which will help you determine the potential success of your transition to Entrepreneurship. The assessment will look at 2 key aspects:

1. Your level of motivation to change
2. Your personal power leaks (kind of like profit leaks in a business)

Personal power leaks? In a corporate environment these are invisible, and possibly created by your position. They will surface as you make the transition to entrepreneurship. These are the dangers the voices in your head keep warning you about. No matter how high your motivation to change, your potential for success will be undermined by your personal power leaks. That’s why it is important before you work on your business, to work on yourself.