ASSETS & FINANCIALS
How Not to Be Afraid of Failure
It’s important to realize that in everything we do, there’s always a chance that we’ll fail. Facing that chance, and embracing it, is not only courageous – it also gives us a fuller, more rewarding life.
However, here are a few ways to reduce the fear of failing:
- Analyze all potential outcomes – Many people experience fear of failure because they fear the unknown. Remove that fear by considering all of the potential outcomes of your decision.
- Learn to think more positively – Positive thinking is an incredibly powerful way to build self-confidence and neutralize self-sabotage. Thought Awareness, Rational Thinking, and Positive Thinking are comprehensive resource for learning how to change your thoughts.
- Look at the worse-case scenario – In some cases, the worst case scenario may be genuinely disastrous, and it may be perfectly rational to fear failure. In other cases, however, this worst case may actually not be that bad, and recognizing this can help.
- Have a contingency plan – If you’re afraid of failing at something, having a “Plan B” in place can help you feel more confident about moving forward.
How to Stop Living in Fear
If you are afraid of failure, you might be uncomfortable setting goals. But goals help us define where we want to go in life. Without goals, we have no sure destination.
Many experts recommend visualization as a powerful tool for goal setting. Imagining how life will be after you’ve reached your goal is a great motivator to keep you moving forward.
However, visualization might produce the opposite results in people who have a fear of failure. Research shows that people who have a fear of failure were often left in a strong negative mood after being asked to visualize goals and goal attainment.
So, what can you do instead?
Start by setting a few small goals. These should be goals that are slightly, but not overwhelmingly, challenging. Think of these goals as “early wins” that are designed to help boost your confidence.
For example, if you’ve been too afraid to talk to the new department head (who has the power to give you the promotion you want), then make that your first goal. Plan to stop by her office during the next week to introduce yourself.
Or, imagine that you’ve dreamed of returning to school to get your MBA, but you’re convinced that you’re not smart enough to be accepted into business school. Set a goal to talk with a school counselor or admissions officer to see what’s required for admission.
Try to make your goals tiny steps on the route to much bigger goals. Don’t focus on the end picture: getting the promotion, or graduating with an MBA. Just focus on the next step: introducing yourself to the department head, and talking to an admissions officer. That’s it.
Taking one small step at a time will help build your confidence, keep you moving forward, and prevent you from getting overwhelmed with visions of your final goal.
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All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from KINGS COMMUNICATIONS LIMITED.