How To Fight Your Fears To Become Financially Free

You’ve probably heard it many times: If you want to become a successful entrepreneur, you have to overcome a number of obstacles. And one of the biggest obstacles for budding business owners is fear. Once you overcome that, you’ll develop the courage to take risks, make decisions and act on your dreams of becoming financially free.

Accept Fear, It’s Not Uncommon

The first thing to remember is that you’re not alone. Fear is an emotion that has driven many people to success. In fact, some of the most notable entrepreneurs didn’t achieve great things because they lacked fear; they achieved great things in spite of those fears. They took action, persevered and dedicated time to their passion.

In a guest post for Forbes advising entrepreneurs on how to fight their fears, Sir Richard Branson reveals that he, too, had to overcome fearful situations during his journey to success:

“Don’t worry if you are going through some tough times and fearing the worst, I guarantee you are not the only one feeling that way—I know I have in the past. The day after we launched Virgin Atlantic, the bank manager came to my house and threatened to shut us down. I pushed him out the front door and called my team to try and work out a way of solving this problem together.”

Expect and accept the fear that naturally comes with starting a new venture and you’ll find it easier to overcome it. Many people give up because they never expected to be so scared of the obstacles they face. Had they conditioned their minds to anticipate the emotion, they could have prepared for it, and they might have succeeded.

To help you on your way to becoming a success, I’ve listed a few fears that you may be facing, or might have to face, in your own business and how you can deal with them:

1. Self-Doubt

I started my first online business in 2008 and began to doubt my decision to join the industry after I invested $40,000 and wasn’t seeing the results I was hoping for. Friends and family told me that I was making a mistake, which added even more self-doubt. I also feared becoming one of those people who came to seminars with big dreams but got little results.

How to overcome this fear: Self-doubt is a symptom of fear. Once you believe in yourself and your team’s abilities, you’ll have little to be fearful of and you’ll develop the confidence to face and resolve challenges of all sizes. Had I not persevered and realized that I had to make it work (since I had invested so much money and time in this business), I would have never scaled MOBE into the multimillion-dollar business it has become.

2. Promoting Yourself

Although placing Facebook ads was an important part of my marketing strategy, I feared promoting my business on large platforms because my friends and family could discover my work. I had to put myself out there as a brand leader and “get into character” in order to make it work. But knowing that your friends and family can see what you’re doing (including your failures) can make it difficult to do so.

How to overcome this fear: The best thing to do is just work! No matter who discovers your work, just focus on making sales and becoming a success. People will eventually get used to what you do and could even become inspired as you grow. If you don’t fancy promoting on your own Facebook page, do as I did and create a separate Facebook account. As you become more comfortable, such fears will disappear.

3. Creating Video Content

I only started doing video marketing properly in 2013. Prior to this, I made a few videos, but being a perfectionist, I couldn’t stand the way they turned out. They simply weren’t good enough and I’d often cringe at my delivery. In fact, many people are camera shy and can never present their ideas coherently because of fear and nerves.

How to overcome this fear: Practice your content delivery as much as you can. Record your presentation and analyze where you’re going wrong so that you can address your weaknesses. Once you improve your delivery, you’ll be less fearful of recording videos and presenting webinars.

Make Fear Your Friend

Sometimes fear can force you to take action, and that’s a good thing. As much as fear can stop you from doing something, a lack of fear could do the same. At worst, a lack of fear can make you complacent.

Create conditions that make the execution of a task nonnegotiable. That means that you should construct situations where you have no choice but to complete a task out of fear of disappointing those who you’ve made yourself accountable to. For example, if you’re afraid of creating video content, announce a daily video series on your social media accounts and inform your customers. This will provoke public expectations and create external accountability.

Gradually, you’ll overcome any fears you initially had as you get better and become more skilled at the task in question.