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How To Overcome The Three Different Types Of Fear In Business

Apr 05, 2021

  

Everything you want is on the other side of fear. 

In this post, we will be talking about the three different types of fear that you might experience in your business journey, but I’m also going to be sharing exercises and concepts on how you can overcome your fears to build a more abundant life and business. 

So, let’s get into why fear is important and then we will talk about the three different types of fear and how you can keep fear at bay.

 

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THE IMPORTANCE OF FEAR

Fear does serve its purpose. Not only does fear keep us safe and prevent us from harming ourselves, which is good, fear can also be our very worst enemy especially when it comes to making big moves and strides in our lives and businesses.

But, anything worth doing is going to bring us fear, anxiety, nervousness.

But, should we allow our fear to overrule the things we want to achieve in our life? If we sit in fear and we live in it, won’t we look back and regret all the things we didn’t do just because we weren’t courageous enough to work through our fear?

Remember, you can be courageous and fearful but let courage win.

 

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TYPES OF FEAR

Honestly, if we dissect it, there are three types of fear you might have heard or be extremely familiar with—fear of failure, fear of success, and fear of judgment.

 

FEAR OF JUDGMENT

So, the first kind of fear we have is the fear of judgement. That people will laugh at us, think we are stupid, find us to be ridiculous, whatever our worries are.

I’m here to tell you whether you are winning and working through that fear or if you are living in your fear and not taking action to improve or change your life—someone, somewhere is going to judge you.

In fact, I guarantee you -- they are judging you because you are taking action, but also if you are not taking action.

They are going to approve, not approve, give criticisms, tell you how to do things, live your life, etc.

So, no matter what judgment is all part of the process. You have to accept it, take it all with a grain of salt, and move forward.

When I was a model, people told me ALL the time, I would never amount to anything, I wasn’t skinny enough, my nose was too funny, I was too skinny, my chin was too soft, etc. But did that ever stop me? No, it didn’t.

Because their opinion has no reflection of who I am and what I want to achieve. 

At the end of the day, you are judged at all times by anyone and everyone -- it’s a part of life.

So, don’t let that hold you back from cultivating and designing a life that you aspire to because it’s not going anywhere anytime soon.

 

FEAR OF FAILURE


The second type of fear is the fear of failure, which I have found is one that most people struggle with at one point or another in their lives.

In my experience as a business owner, multi-passionate individual, and serial entrepreneur—life is a series of failures.

Dave Ramsey says that success is standing on a pile of failures. Everyone you will ever meet has failed at something.

One of my friends in my mastermind group thinks of failure in this way—consider your business, job, start-up, product, etc an experiment. 

If it doesn’t go well or do well, then transition, try something else! Failures are learning experiences.

You wouldn’t be where you are today without your failures. Look at failures in a positive way.

If you’ve experimented and you’ve had failures, you are continuing to grow and change, which is only going to make you a stronger, more resilient, and more tenacious person.

 

HOW TO COMBAT THE FEAR OF FAILURE

An exercise you can implement to overcome the fear of failure is this: the worst-case scenario exercise.

Sit down and write out what the worst-case scenario would be for failing? You’d lose your business, have to move in with your parents, pay back some debts, have to start over… then ask yourself, ‘Is that worth the risk? Can I live with this failure?”

Chances are even your worst-case scenario is something that you could live with and work through. Not to mention, our worst-case scenarios don’t even happen in the way we expect -- things turn out better than we generally expect. So, don’t let fear of failure hold you back!

THE FEAR OF SUCCESS

Lastly, is the fear of success. The fear that we can’t handle what we are given, the responsibilities, the growth, or the pressure.

But, think about it this way—unless it happens by good chance and fortune, most companies grow slow and steady. You’ll learn and grow along the way to handle the stage you are in.

Not only that, but as you get bigger, more profitable, you’ll be able to hire a team to help you manage all of the ins and outs and the day to day of the business. You won’t be alone in this.

And if you feel like you just aren’t deserving of success, well that’s a narrative that you simply have created for yourself. It’s just not true. 

One way that I combat fear is thinking to myself—“When looking back on all the things I was terrified of, did I make it through? Am I still here? Is it as bad as I thought it was going to be? Did it turn out okay or better than I expected?” And the answer is almost always yes!

For example, launching my podcast, the Passive Potential Podcast, was terrifying because it was vulnerable and I was putting myself out there.

But I knew, I just knew that the world needed to hear the things this platform had to share. If I held back and was selfish in my fear, there may be someone out there that needs what we are doing and the message we are sending.

Now, looking back upon it, it isn’t perfect, and people have their opinions, but I’m so happy I made the decision to move forward and continue. It has been one of the biggest ways I’ve worked through fear in my life. Now, podcasting is just another task on the to-do list. 

NORMALIZE FEAR

We can begin to normalize fear by making the unusual or the uncomfortable, the usual and the normal.

It helps us to deal with frightening situations by making them less severe.

Once we do that, we create new cues when it comes to the fear of success and begin to snowball that confidence into continuing to move forward in whatever endeavor or goal we are pursuing.

In other words, success becomes a daily standard. 

I love this exercise when I need a reminder that I am capable of success, I recommend you sit down on small pieces of paper and write down on each piece one thing that you were fearful of that you accomplished.

Each time you are afraid, need some accountability, or a reminder that you can do this—pull one slip out of the jar. That will be a very poignant look at what you truly can achieve in your own life.

 

FINAL THOUGHTS

 

Fear is a friend. It is there to aid you in your business journey as long as you embrace it and don't allow it to control your life. While fear can prevent you from building the life and business you want, it can also be a great motivator to challenge yourself and see what it is you are truly capable of.

 

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