I am a big fan of Erica Douglass, a young internet entrepreneur, who has a blog at Erica.biz. She is a good resource for business tips - she has had a lot of success online and frequently has valuable info to share (see my post Getting Things Done - the Mind Map from December - I learned about Mindmeister.com from her). Today she has a guest post from Flexo that deals with overcoming fear - Fear of Failure - Here's How To Get Through It.
Flexo sets out a nice set of solutions. The thing with solutions to overcoming fears is that the same kinds of solutions that allow us to handle one kind of fear tend to work on all fears. And sometimes it comes down to how we define things in our world. Take the word "fear" for instance. Do we really mean worry? Are we trying to overcome the worry of failing? Or the worry of making the wrong decision? Or the layers of worry built into public speaking?
My current book project focuses on overcoming fears (or worries, or concerns, or roadblocks) that impact our daily lives. These include:
Fear of the dark, of spiders, heights, snakes, asteroids, planet x, sun storms, etc.
Fear of the unknown or of change
Fear of what others think
Fear of making the wrong decision
Fear of public speaking
My primary focus is on how most of our fears coalesce around the fear of public speaking. Not the fear of spiders or asteroids, of course. But fear of failure, of the unknown, of other people's opinion, of being humiliated. Each of these plays a part in our public speaking phobia.
So my radar is always active when it comes to learning of solutions. Flexo's article deals with solutions well. I especially like number four - be flexible and ready to adapt. I try to always have a plan B available.
Thank you to Flexo and to Erica Douglass for today's post on her Erica.biz site. Note the intro story about forgetting lines on a stage - I had that nightmare a few weeks back and I am not an actor. Here is a detailed excerpt from the Flexo article:
Five Steps to Get Through Your Fear of FailureHere are my suggestions for handling failure before and after it occurs so you are ready to bounce back:
1. Redefine the traditional concept of failure.
There are no failures, only learning opportunities. Choose from a
number of cliches that all say roughly the same thing. Like a top 40
record, these motivational nuggets about failure are overplayed and
pedestrian, but truth lies within.
To be a successful entrepreneur, or a successful human being of any
type, you can’t let major drawbacks discourage you. If you find it
difficult to change your mindset by approaching a negative situation
with a positive outlook, you are more likely to give up before
realizing your potential.
2. Accept responsibility for your situation. As an
entrepreneur or business owner, you have control of your situation. If
you didn’t get the results you expected, you did something wrong. An
individual might be inclined to blame others or the environment for
negative outcomes while crediting himself for positive outcomes.
However, someone who recognizes his role regardless of the outcome is
more likely to succeed.
Since I generally write about personal finance, let me take an
example from the financial industry. I’ve been speaking with and
listening to the CEOs of major corporations over the last few years,
and they all have something in common. In times of great prosperity,
with their companies earning double-digit returns while watching their
share prices soar, they are quick to credit their management and
employees for wonderful talent and endless dedication.
But when their company begins losing money hand over fist, suddenly
the cause of this despair is the “overall market” or “investor
sentiment.” It is never the fault of management ill-prepared to handle
their customers’ needs during any market cycle. If you are
rationalizing your setbacks with similar reasons, you are in denial.
Eliminate your excuses to succeed.
3. Learn from your mistakes. Once you’ve accepted
responsibility, you will be in a position to fully analyze the path
that led you to this point. Make a note of what you could do
differently that might lead to a more favorable outcome. In some cases,
the best options aren’t clear, and a certain amount of experimentation
will help.
Communicate with people who are on a similar path or have succeeded
in similar endeavors. You might be able to find some shortcuts by
learning from other people’s mistakes, but your own experiences will
always be the best teachers. Life is short, so you shouldn’t waste it
by making the same mistakes repeatedly.
4. Be flexible and quick to adapt. Be ready to react to changing trends, unclear customer needs, and your competition.
American car companies were not ready to adjust to a consumer
marketplace that left Hummers behind in favorable of smaller, more
cost-efficient and fuel-efficient vehicles. Their businesses suffered
not only because they failed to predict the change in attitude, but
because these companies took too much time before adapting.
5. Ignore negative influencers. It is important to
surround yourself with believers. While being a success when everyone
thinks you will fail makes a great public relations pitch, the truth is
almost always different.