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Fear: It’s What’s Holding Entrepreneurs Back

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In one way or another, fear affects everyone’s decision-making from time to time. If you’re a full-time entrepreneur, then you probably felt some fear when you decided to quit your job and commit yourself to making your new business a success. The thing is, fear doesn’t go away when you make the leap.

In fact, entrepreneurs are continually facing challenges that can inspire fear and dampen their ability to grow their businesses—if they let that fear rule. If you’ve been thinking about starting a business but were too afraid, or if you have a business and you’re letting fear get in the way, here’s what you need to know about the impact of fear on your success and happiness.  

What Do We Fear?

You might not be aware of your fear. A lot of it might be more subconscious than conscious. Most of us fear similar things, and unless we desensitize ourselves to certain fears, we feel uncomfortable and try to avoid the stimulus that causes us to feel afraid.

Here are some of the common fears entrepreneurs face on a daily basis:

  • Fear of failure/inadequacy
  • Fear of change/the unknown
  • Fear of loss
  • Fear of embarrassment
  • Fear of rejection

Just about every entrepreneur at some point is afraid of their business failing, or of embarrassing themselves in front of potential investors, or of making changes to normal patterns. Entrepreneurs who manage to push past these fears and act anyway are those who succeed.

How Does Fear Work?

Fear is a physical reaction to potential threats. While it’s rare to come face-to-face with primal threats like an angry bear anymore, our bodies still respond to threats of all types by flooding the body with hormones like cortisol, epinephrine, serotonin, testosterone, and estrogen. This is designed to give us more strength and awareness.

It is, essentially, survival mode. That “fight or flight” response is very helpful during moments of actual danger, but can be actively detrimental when building a business. Pushing past this embedded physical response is something entrepreneurs need to learn—they need to learn to make logical decisions when confronted with illogical feelings.

“I think fearless is having fears but jumping anyway.” – Taylor Swift

Overcoming Fear of Failure in Entrepreneurship

For most entrepreneurs (or would-be entrepreneurs), fear of failure is the biggest obstacle to success. Just ask the 57% of Fortune 500 companies that first emerged during downturns in the market. Fear of the bear market didn’t hold them back—it helped their founders catapult to success.

That said, fear can keep you from getting started at all for fear you’ll fail. It feeds into procrastination, and the tendency to make safe choices that don’t advance the business, or worse, making no choices at all.

Overcoming the fear of failure means actually taking the scary step of embracing it. Of realizing that failure is an important part of growth. You need to be able to explore different options in order to find out which ones work best—and you have to forgive yourself for failures along the way. Successful entrepreneurs don’t look at failures as a waste of time or a signal that they aren’t good enough—they learn from those failures and use them as motivation to succeed. This isn’t an easy mindset to cultivate, but it can ultimately be life-changing.

Using Fear as a Tool

Is fear holding you back? You can change that reality. Fear can be damaging if it’s allowed to make your decisions for you. Fortunately, it can also be used as a tool to enhance your decisions if you harness it properly. Think about it. Fear is a powerful force. We need it to make common sense decisions, and to avoid danger—we needed it to stay alive for much of history. The decisions we make in modern times are rarely life-or-death situations, but the brain often treats them as such.

One way you can turn fear into a productive tool is to use it as a signal. When you feel fear and hesitate to move forward, take a moment to consider what’s going on. Is your fear simply trying to avoid change and new situations? Using fear as a signal, you’re doing something you SHOULD be doing instead of a signal to turn back can help desensitize you to fear and push you beyond your normal boundaries.

That doesn’t mean you should jump into any situation headfirst without considering the potential risks and rewards, but it can help you turn the dialogue of fear around and help you make empowering decisions.

“Just remember, you can do anything you set your mind to, but it takes action, perseverance, and facing your fears.” – Gillian Anderson

How do you control your fears while moving ahead in life? Let us know in the comments below!

Ryan Ayers has consulted a number of Fortune 500 companies within multiple industries including information technology and big data. After earning his MBA in 2010, Ayers also began working with start-up companies and aspiring entrepreneurs, with a keen focus on data collection and analysis.

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Business

The Entrepreneur’s Reading List That Transforms Ideas Into Empires

These must-read titles and writing insights reveal how entrepreneurs turn bold ideas into empire-level success.

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top entrepreneurship books for business growth
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Entrepreneurship is powered by stories—of accomplishment, failure, and decision moments that define businesses. Books are maps, providing insight from individuals who’ve traversed the road ahead. (more…)

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Entrepreneurs

The Leadership Shift Every Company Needs in 2025

Struggling to keep your team engaged? Here’s how leaders can turn frustrated employees into loyal advocates.

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Bridging the gap between employees and employers
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In workplaces around the world, there’s a growing gap between employers and employees and between superiors and their teams. It’s a common refrain: “People don’t leave companies, they leave bad bosses.”

While there are, of course, cases where management could do better, this isn’t just a “bad boss” problem. The relationship between leaders and employees is complex. Instead of assigning blame, we should explore practical solutions to build stronger, healthier workplaces where everyone thrives.

Why This Gap Exists

Every workplace needs someone to guide, supervise, and provide feedback. That’s essential for productivity and performance. But because there are usually far more employees than managers, dissatisfaction, fair or not, spreads quickly.

What if, instead of focusing on blame, we focused on building trust, empathy, and communication? This is where modern leadership and human-centered management can make a difference.

Tools and Techniques to Bridge the Gap

Here are proven strategies leaders and employees can use to foster stronger relationships and create a workplace where people actually want to stay.

1. Practice Mutual Empathy

Both managers and employees need to recognize they are ultimately on the same team. Leaders have to balance people and performance, and often face intense pressure to hit targets. Employees who understand this reality are more likely to cooperate and problem-solve collaboratively.

2. Maintain Professional Boundaries

Superiors should separate personal issues from professional decision-making. Consistency, fairness, and integrity build trust, and trust is the foundation of a motivated team.

3. Follow the Golden Rule

Treat people how you would like to be treated. This simple principle encourages compassion and respect, two qualities every effective leader must demonstrate.

4. Avoid Micromanagement

Micromanaging stifles creativity and damages morale. Great leaders see themselves as partners, not just bosses, and treat their teams as collaborators working toward a shared goal.

5. Empower Employees to Grow

Empowerment means giving employees responsibility that matches their capacity, and then trusting them to deliver. Encourage them to take calculated risks, learn from mistakes, and problem-solve independently. If something goes wrong, turn it into a learning opportunity, not a reprimand.

6. Communicate in All Directions

Communication shouldn’t just be top-down. Invite feedback, create open channels for suggestions, and genuinely listen to what your people have to say. Healthy upward communication closes gaps before they become conflicts.

7. Overcome Insecurities

Many leaders secretly fear being outshone by younger, more tech-savvy employees. Instead of resisting, embrace the chance to learn from them. Humility earns respect and helps the team innovate faster.

8. Invest in Coaching and Mentorship

True leaders grow other leaders. Provide mentorship, career guidance, and stretch opportunities so employees can develop new skills. Leadership is learned through experience, but guided experience is even more powerful.

9. Eliminate Favoritism

Avoid cliques and office politics. Decisions should be based on facts and fairness, not gossip. Objective, transparent decision-making builds credibility.

10. Recognize Efforts Promptly

Recognition often matters more than rewards. Publicly appreciate employees’ contributions and do so consistently and fairly. A timely “thank you” can be more motivating than a quarterly bonus.

11. Conduct Thoughtful Exit Interviews

When employees leave, treat it as an opportunity to learn. Keep interviews confidential and use the insights to improve management practices and culture.

12. Provide Leadership Development

Train managers to lead, not just supervise. Leadership development programs help shift mindsets from “command and control” to “coach and empower.” This transformation has a direct impact on morale and retention.

13. Adopt Soft Leadership Principles

Today’s workforce, largely millennials and Gen Z, value collaboration over hierarchy. Soft leadership focuses on partnership, mutual respect, and shared purpose, rather than rigid top-down control.

The Bigger Picture: HR’s Role

Mercer’s global research highlights five key priorities for organizations:

  • Build diverse talent pipelines

  • Embrace flexible work models

  • Design compelling career paths

  • Simplify HR processes

  • Redefine the value HR brings

The challenge? Employers and employees often view these priorities differently. Bridging that perception gap is just as important as bridging the relational gap between leaders and staff.

Treat Employees Like Associates, Not Just Staff

When you treat employees like partners, they bring their best selves to work. HR leaders must develop strategies to keep talent engaged, empowered, and prepared for the future.

Organizational success starts with people, always. Build the relationship with your team first, and the results will follow.

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Entrepreneurs

What Makes an Entrepreneurial Leader? Traits of the World’s Best Innovators

Inside the mindset of entrepreneurial leaders who transform risk, passion, and vision into world-changing results.

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When you think of Richard Branson (Virgin Group), Bill Gates (Microsoft), Steve Jobs (Apple), Rupert Murdoch (News Corporation), and Ted Turner (CNN), one thing becomes clear: they are not just entrepreneurs, they are entrepreneurial leaders. (more…)

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Entrepreneurs

Building a Business Empire: Lessons from the World’s Boldest Entrepreneurs

Learn essential lessons, success strategies, and mindset shifts every aspiring entrepreneur needs to overcome challenges and build a thriving business.

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Back in July 2017, I attended a business seminar on entrepreneurship in India. With my appetite for learning and meeting new people, I wanted to explore the latest developments in the entrepreneurial world. (more…)

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