How To Overcome Your Fear of Starting a Business

Offer Valid: 06/19/2022 - 06/25/2024

Having a small amount of fear is natural when starting a new venture of any kind. You may be afraid of failing or just have some fear of the unknown. Don’t let these concerns stop you from pursuing your dreams of starting a business. Use these tips to overcome your fear to get started.

Get Inspired By Successful People

Ask yourself: what is it exactly that you’re afraid of? If it’s fear of failure, some of the most successful entrepreneurs faced and overcame that fear when starting out. Some of those same business owners failed several times before finding success. Learn from their stories and use them for inspiration.

Seek Help From a Positive Network

If you can figure out what is scaring you, you can seek help and advice from trusted people in your network. Surround yourself with positive people who want to see you succeed. Reach out and find a mentor, possibly someone who has already started and is running a successful business. They can help you overcome your fears so you can get started on your own.

Make a Winning Business Plan

Hopefully, a mentor or other people in your support network have convinced you to move forward with starting your company. One of the first steps you need to make to ensure a great start is writing a business plan. This plan will help you remain organized and focused. It should include:

  • Business idea. This is where you’ll put your ideas of what you’re going to sell, whether a product or service.

  • Structure. Will the company’s legal structure be a partnership, corporation, multi-member LLC, or single-member LLC?

  • Getting customers. Consider a plan for advertising to obtain your first customers or clients.

  • Funding source. Seek funding from sources such as banks, government grants, or your savings account.

  • Form a great team. Hire the best candidates to help you succeed.

  • Plan for the future. Research the market and write up a revenue projection that includes anticipated profit and loss.

Use Helpful Marketing Tools

Part of running your business will be routinely creating documents, such as marketing materials. This can be difficult and time-consuming if you don’t have the right tools, especially if you have to make significant text or formatting changes to a PDF file. It’s helpful to use a Word to PDF converter tool. When you’re done making edits in a word processing program such as Word, you can upload the document to the conversion tool, which will then let you download a converted PDF file of the document. 

Get Started Today

In this article, you have received tips on how to overcome your fear and start your business, such as finding inspiration, getting a mentor or support network, creating a business plan, and using helpful tools to succeed. The most important step is to just get started. If you need some extra help and support, consider joining your local chamber of commerce today.


This Hot Deal is promoted by Greater Chapin Chamber of Commerce.