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It’s
important to learn how to manage stress in moments of extreme doubt so
that you can continue to pursue your goals. Entrepreneurs have frequent
opportunities to doubt themselves, their plans, ideas and abilities. Perhaps
you’ve occasionally asked yourself, "Am I really cut out for this job?” or
“Am I on the right track?”
Here
are some helpful tips that will enable you to overcome self-doubt whenever it strikes:
1. Stop Sabotaging yourself,
don’t compare yourself to others.
The
temptation to compare your business to others in your industry is difficult to
ignore. Try not to make unrealistic or unfair comparisons that cause you to
doubt your own abilities. Worrying about what competitors are doing wastes time
and can leave you anxious and exhausted.
Instead,
try to network and learn from the success of others. What did they do well?
What challenges did they overcome? A great way to exchange ideas and encourage
others is to join a mastermind group. Or hire a business coach or a set up
weekly calls with a mentor, someone whom you trust and admire.
2. Borrow power by
acknowledging previous accomplishments.
There will be good days
and bad days. Plus, at some point, you’ll realize you can’t please everyone
100 percent of the time, no matter how hard you try.
Any
entrepreneur will tell you that starting a business is one of the most
difficult paths a person can choose. It takes an extreme amount of work and
dedication to take any idea from inception to market.
If
you feel like giving up, step back from the situation. Acknowledge what you’ve
already accomplished. Show gratitude for having encountered exciting opportunities
and positive experiences. Keep an abundance journal to record victories -- no
matter how small. When you hit a bump in the road, you’ll be able to look back
and remember why you chose your career in the first place.
3. Business is about to
take --- Decisions but in a timely manner.
When
faced with a fork in the road, many entrepreneurs suffer from analysis
paralysis. The very feedback that they solicited from clients, colleagues
and mentors now hinders their ability to make a final decision and move
forward. They may become overwhelmed by the various opinions and frozen
with self-doubt.
Running
a business entails making hundreds of decisions. Every choice you make will
have consequences -- some positive and others negative.
The
success of a business is determined by the culmination of many small choices
over the long term. Running a successful business is more like a marathon, not
a sprint. If at some point you make a wrong decision, you can always try to fix
it.
So
commit to a course of action and make corrections as you go along. The more
proactive you are, the more confident you’ll feel in your ability to lead
the business.
4. Correct the error –by accepting
your failures.
Either
way, mistakes will make you a wiser, more cautious businessperson. Successful
people embrace failure as part of the journey toward success. Rather than
obsess over problems, focus on solutions.
Anxiety
is often rooted in fear. Mistakes are inevitable. No matter how talented you
are or how hard you work, you will occasionally make errors. Some mistakes are
easy to correct whereas others take a considerable amount of time and money to
fix.
If
you make a mistake, don’t cover up or misrepresent what happened. Instead,
admit it as soon as possible. When you own up to your failures, you develop a
professional reputation of reliability and trustworthiness. Rather than fixate
on every misstep, simply take responsibility, learn from it and find a way to
correct the issue. Then move on and let it go.
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