Do you sometimes feel as though your success as an entrepreneur is elusive?
Well, you’re not alone. Many entrepreneurs feel this way and the truth is, there could be some real things blocking your success. There are two major areas that can block your entrepreneurial success; your thoughts and your actions.
It’s hard to believe that your thoughts can play a huge role in whether or not you’ll experience success or failure. Not only that, they might even cloud success, forcing you to downplay it instead of proudly celebrate it. This is especially true if you happen to be female, but both males and females experience issues that can block success.
Here are 8 things that could be blocking your entrepreneurial success:
- Having Imposter Syndrome – This is a true condition that a lot of men and women have. No matter how much success and kudos they achieve, they feel like a fraud. A good book by Harold Hillman can help you with this problem if you have it. The Imposter Syndrome: Becoming an Authentic Leader will help you realize that you’re uniquely qualified for what it is that you do and how to accept that.
- Comparing Yourself to Others – You’ve heard of the term “Keeping up with the Joneses’” and it applies in business, too. Entrepreneurs often make a huge mistake thinking they need to be just like their competition but, in fact, the main reason you study your competition is to see how you can be different. You’re a unique person with your own way of doing things and this is what makes you great.
- Being Too Skeptical & Negative – Sometimes experience can make people become too negative and distrustful, which can cause you not to put your feet through a door that can mean great success for your business. Try to trust yourself that you know how to study a situation and determine whether it's for you or not.
- Being Preoccupied with What Others Think – If you spend all your time thinking about what everyone around you is thinking, you’ll never be able to be truly successful. Instead of thinking about what others think, consider what you think. Can you look in the mirror every day and be proud of your actions? That’s what’s important.
- Overthinking Every Situation – It’s good to look at situations from every angle, but once you do that you should be able to make a decision. Overthinking stems from a fear of failure. While it’s not a bad thing in and of itself to worry about failure, if you’re too afraid of failure you may end up procrastinating on your decision, which can make it worse. Trust your instincts.
- Not Believing in Yourself – Many of us are taught from a young age not to believe in ourselves. It’s not that our parents meant to do that, but maybe they were trying to keep us from being sociopaths. However, to learn to believe in yourself you need to have some examples of success so you know what it feels like. Push past your discomfort, put yourself out there, trust your knowledge, and move forward.
- Dwelling on the Past – In business there is a term called “sunk costs” that you must learn. This theory says that only future costs matter when making a decision. Even if you spent a million dollars on an idea, but after giving it your all you’re still losing money, it’s time to get out. If you make every decision based on past actions, you’ll never get to move forward.
- Believing That Perfection Exists – One of the biggest blockers of all is thinking perfection exists. Even thinking that any type of perfection exists can cause a problem with procrastination and not getting things done or changing your mind too much. It all boils down to accepting that good enough is good enough. You can always improve later.
Overcoming these success blockers takes accepting that you do them and that they exist. If you have often called yourself a perfectionist, take a hard look at yourself and you might find that you’re not a perfectionist at all, you’re just scared to be wrong and to fail. Let that go and move forward so that you can put some success under your belt. The more you know how that feels the more you’ll want to experience it.
Here’s to Designing Your Victory!
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