Don’t let fear paralyze you.

Don’t let fear paralyze you

One of the biggest obstacles in becoming an entrepreneur is fear. Think you are not afraid? Do you keep searching for the right opportunity but just can’t find the perfect deal? That’s fear. Your aversion to risk keeps you in constant analysis and research. This is commonly referred to as analysis paralysis. When this happens, you may end up doing nothing. Don’t let fear or perfection paralyze you.

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Matt Clark, our featured entrepreneur guest these last few blogs, has this to say about perfection:

When trying to develop the “entrepreneur mindset” you must stop trying to be perfect. Frequently, if you haven’t achieved a goal it’s because you’re trying to do the perfect action or take the perfect path to achieving that goal.

The problem with this is that you don’t know what the perfect path is or else you would have already taken it. Being perfect leads to the perfect way to fail… doing nothing. The only way to make sure that you get anything done is by not trying to be perfect. Instead focus on taking action. Take that leap of faith, or take a lot of little hops of faith.

Don’t reflect too much on whether what you’re doing is perfect. If you experience a setback, the fastest way to get back on your feet emotionally is to take more action.

When you start taking action, and you stop reflecting on whether that action is perfect, you stop reflecting on your current situation. In order to take that new action, you actually have to focus on it, which means that your focus is not on the negatives of the current situation or how much stuff you have that you don’t like or don’t want. Your focus is on actually doing those new, positive action items.

Matt is right. Perfection is the enemy of motion. Perfection stops entrepreneurship. That is not to say there is no need for setting high standards and going out and achieving them. What we are saying is that too much focus on being perfect leads to inaction and focusing on the wrong things. Too much focus on perfection is usually a subconscious focus born out of fear.

You have your left brain—the logical, analytical, practical side of your world – which is usually where the need to be perfect lives. And you have your right brain—the creative, innovative, intuitive part of your world. And then you have the physical, the spiritual, and everything in between. Rising to meet your financial dreams takes all of it. It takes all of you. Just be careful not to let the desire for perfection ruin your dream of being an entrepreneur.

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Original publish date: September 23, 2014