As a business leader, I am well aware of the challenges associated with fulfilling your potential and striving for success. One of the biggest barriers that can stand in people’s way is the fear of failure – all too often, it prevents talented people from pursuing their dreams. However, there are ways to tackle this obstacle. Following are some insights that could help you to free yourself from self-doubt.
Embrace and accept your mistakes
Don’t be afraid to make mistakes. If you test your abilities and embrace new challenges, the chances are you will sometimes get it wrong – at least to begin with. But this isn’t a reason to shy away from giving it a go. Everyone who has achieved big things in their careers has made mistakes. This is simply part of the process, and it provides you with invaluable experience and an opportunity to learn important lessons for the future.
Focus on what you can do, not what you can’t
Never ever sell yourself short. Instead of focussing on the things you can’t do, think about all the skills you already have and those you’re in the process of developing. It might help to start a list of the capabilities you possess and the achievements you can claim – big and small,– and add to it as you acquire a new skill. It’s a simple way to see the range of qualities you already possess and how many you develop over time.
Don’t compare yourself to others
We all have role models who can help us to channel our ambitions and stay motivated. However, it’s important not to fall into the trap of continually comparing yourself to others to the extent that you end up feeling inadequate. Everyone is different, no one is perfect and even the most successful business people experience difficulties and doubts. By all means, take inspiration from others, but forge your own path that is defined by your own goals.
Don’t be afraid to ask for help
While it’s important to define your own career goals and path, it’s also important to reach out for help when you need it. This is a skill that every successful business leader and entrepreneur has to perfect. Whether it’s asking for support from family and friends or seeking out mentors with expertise in your industry, or simply delegating tasks, having an effective support network in place is essential.
Chris Niarchos knows what it takes to overcome the fear of failure this post. As well as building a successful international business from scratch, he has earned respect through his talents on the racetrack. In this Dailysportscar interview with Chris Niarchos, he suggested he used to be an “awful racer”. But through perseverance, he went on to achieve impressive results before retiring from the track many years ago.