# Conquering the Fear of Entrepreneurship: Why Only 10% Take the Leap
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Chapter 1: Understanding the Fear of Entrepreneurship
Are you contemplating the idea of becoming an entrepreneur? Do you feel that launching a business is a daunting task?
The instinctual fear of the unknown is ingrained in our biology, and I believe fear serves a protective purpose, keeping us from harm. It's essential to recognize that fear is an inherent part of life.
While everyone experiences fear, only 10% of individuals actually venture into entrepreneurship. The other 90% perceive starting a business as overwhelmingly challenging, leading them to think, "I want to be an entrepreneur, but what if I fail?" or "I don't have what it takes."
People often find themselves trapped in a cycle of worry, pondering what might go wrong, and as a result, they never take that first step.
Taking action is far more valuable than endless contemplation.
We often convince ourselves that once we start a business, find the right partner, or achieve certain milestones, everything will fall into place. But the reality is, challenges will always exist. Life is a continual journey of overcoming obstacles. Look around you; numerous opportunities await, each paired with problems that need solutions. Reflect on your passions and decide how you can contribute to a better future.
Here are four strategies that have personally helped me—and can assist you—in mustering the courage to embrace entrepreneurship:
Take Small Steps
Fear often escalates when we focus on long-term goals, whether in business or travel. Instead, start with manageable objectives. Rather than aiming to become a successful writer overnight, set a simple goal: write one article each week. Begin with just four or five articles a month, and once you reach that target, set a new one. Avoid overwhelming yourself; take pleasure in the journey.
Embrace a Childlike Mindset
Many assume that business is inherently difficult and may even call themselves incapable. Instead of adopting this defeatist attitude, approach it with curiosity, much like a child learning to walk. Yes, it may seem tough at first, but by taking action, you will gradually master it.
Dedicate Yourself to Hard Work
When I say "enjoy the process," I mean embracing the struggles and challenges that come with becoming an entrepreneur. Stay committed to learning new skills vital for your business's success; laziness won't lead you anywhere.
Cultivate a Sense of Urgency
Having a clear vision and purpose is crucial. Without it, even the most polished website feels incomplete. Understand that your drive to succeed as an entrepreneur should be strong and unmistakable. When you have a compelling purpose, you'll find the motivation to push through challenges.
In summary, avoid making assumptions. Overthinking often leads to inaction. If you're still reading, it's clear that you aspire to be an entrepreneur—so why wait? Reflect on how you can add value to both yourself and the world.
This first video, "Common Fears of Starting a Business and How to Overcome Them," delves into the typical anxieties that prevent aspiring entrepreneurs from taking the plunge and offers practical advice on how to conquer these fears.
Chapter 2: Overcoming Self-Doubt
The second video, "STOP STOPPING YOURSELF: How to Overcome Fear when Starting a Business," provides insights into the mental barriers that hold many back and shares strategies for overcoming these obstacles to achieve your entrepreneurial dreams.