Fear Of Risk And The Challenges It Brings

Copyright © Lawren Smith

Guide To Marketing Success
Generate Success Online

Many people fear starting a business because they feel that there is too much risk associated with starting a business of their own. Our current economy dictates that the increase in job layoffs sparked some changes in the job force. Many of those jobs will not return; thus, forcing many people in the working force to make some hard decisions as to how they are going to support themselves. It stands to reason why many would subject themselves to more punishment in the working force. From my standpoint, I feel that it is far more riskier to work at a job than to have your own home based business. But what do I know? I have only been working for over 20 plus years and been through 6 layoffs.

Many companies that are planning to downsize keep it a secret and then when their employees least expect it, employers begin their layoffs. I hate this. Each time I was laid off, I cried. I remember the feelings of depression, sadness, and fear of not being able to pay my bills. These experiences have left me not trusting companies. I now watch for signs and have gotten very good at detecting upcoming problems within the company.

Because of my experiences in downsizing, I have decided that I don’t ever want to go through another one, so my plan is to get out of working for other people and just work for myself.

But, back to my original question, why do so many people fear starting a business of their own? Well the biggest reason is fear; fear of risk, fear of failure. While researching this topic, I came upon an article called “Take A Risk” by Kathleen Stebbins in RGJ.com.

In this article, Kathleen Stebbins talks about a study that was conducted by UCLA in 2007 where the brain activity of volunteers was mapped. The volunteers were presented with a variety of risky gambles. What was discovered is that some people are quite sensitive to the possibility of loss relative to gain and hence avoid risk.

Risk takers, on the other hand, were less sensitive to loss as the stakes increased, suggesting the ability to shake off an unfavorable outcome is essential to taking a risk.

It is also stated in this article that finding passion in your dreams can help pull one forward. I believe that is my current situation. I absolutely hate working for other people. I also no longer enjoy my career field which is in the technical industry. I long to be working out of my own home, doing something I enjoy, where I am in control of the events that take place in my life.

For many people, they have not found their purpose in life yet. They make money and pay their bills but they are not fulfilled; they continue on this path of being unfulfilled until they retire.

I can’t do this. Living a life where you are unfulfilled until retirement is too high of a price to pay and life is too short. I want to enjoy my life and the only way I can see to make this happen is to find a way to have my own business; doing something that I enjoy; that will allow me more freedom of time and a better quality of life. I also want to become debt free. I won’t accomplish any of while working at a job. In fact, the same holds true for most people who continue to work at a job.

If you are interested in starting your own business, I suggest you get started. Find something you are passionate about and get out there. Do not let your fear paralyze you from moving forward. There is always risk in anything you do and yes, you will encounter ups and downs during the growth of your business.

There is no way to go through life risk free, but there are ways to reduce risk:

1. Start by creating a business plan; one that includes marketing strategies.
2. Hire an attorney and an accountant. Make sure that the business reputations of these individuals are astounding.
3. Never stop studying your craft. Read and learn as much as you can about owning and managing a business. For most entrepreneurs, this is something that should be done for the remainder of the time that they are in business for themselves.
4. Get more involved in personal development. Focus on things that motivate and inspire you.

There are very few problems that cannot be resolved. Often it is the way we view and handle problems that determines our success and failures in life. Keep moving forward.

Those who risk, win!

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Lawren Smith is a member of MLMLeadSystemPro and CarbonCopyPro. She writes on a variety of subjects. To learn more about this topic, Lawren recommends you visit:

Lead Generaion & Sales Funnel Tool

A Business For The Serious Entrepreneur

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Secrets To Succeed In Network Marketing

Copyright © Lawren Smith

Guide To Marketing Success
Generate Success Online

There are quite a few network marketers who want to be successful. Some are afraid to take the steps towards achieving success. Why? There could be a number of reasons. One reason could be that they are afraid of success or maybe they are afraid of failure or a combination of both.

The road towards succeeding in network marketing first begins with the realization that achieving is an ongoing process. It takes time because you will be required to develop new skills. The process of learning new skills can happen very quickly. This does not mean that it happens in one day nor in one week. The process to learn what needs to be done and to begin applying what you have learned can happen in a matter of 4 or 5 days.

This is something you, as a network marketer, need to understand. A lot of your education in network marketing comes from trial and error. This is because your education comes through your application of what you have learned, the mistakes you make, the gain that you achieve should be mentally noted because events that occur during the process of your learning will happen repeatedly.

The thing about network marketing, once you have started recruiting, building, managing, leading, persuading, closing, and etc, those steps become ingrained in your brain to the point where nothing knocks you off balance. You have become so solid in terms of what you can expect, your output and your ability to work, to be disciplined, has become so fine-tuned.

The thing about network marketing, getting results, succeeding in this business is not a talent. It is a craft. Believing that succeeding in network marketing is a God-Given talent; nothing could be further from the truth. You don’t have to be gifted to get positive results and make big money. Network marketing is a learned craft. It can be taught and learned. It can be practiced and it can be perfected in a very short amount of time.

Anybody, this includes you, as long as you are willing and committed, you can improve in getting results and succeeding in network marketing.
The learning curve can be quick and short but only if you take the leap to get the education, to retain the information through repetitious learning, and then applying it.

One of the things is that network marketers seem to have a difficult time prioritizing. It is critical that you, as a business owner, establish, either in writing or in your mind, the important things that need to be done and to do those things first.

First, you have to get educated. After getting the education, you then apply what you have learned. If you don’t get the results you are looking for, and that you know other people are getting better results than you, then you must go back and analyze your numbers.
It is ridiculous that smart people routinely screw up the steps that are necessary to achieve success in network marketing. Often it stems from the choices you make and the thoughts that go on in one’s head that cause people to fail in network marketing. Taking the leap towards success is the choice we make starting now, today! You know whether you need to be educated. You also know whether the information is retained in your head. Once it is, apply it.

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Lawren Smith is a member of MLMLeadSystemPro and CarbonCopyPro. She writes on a variety of subjects. To learn more about this topic, Lawren recommends you visit:

Lead Generation & Sales Funnel Tool

A Business For The Serious Entrepreneur

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