How to Overcome Fear to Find Success
How to Overcome Fear to Find Success
How to overcome fear to find success? This is the greatest hindrance to those who want to be successful in business, or simply life in general. There are plenty of excuses people can find when things don’t go right. The business world is full of failed endeavors and startup companies that just couldn’t find the right formula to become successful. One of the biggest obstacles people face in any kind of new endeavor or initiative is fear.
Overcoming fear can be extremely difficult. For some, getting over the initial fear of starting something prevents them from taking that first step. For others, the fear of failure can prevent them from taking the necessary risk often required to find success. Whatever the case, fear has a way of stopping many would-be success stories in their tracks.
1. EVERYONE FEELS FEAR
What can a person do to overcome fear and how does someone get past whatever it is that is holding him or her back? Finding the answers to these questions is important, otherwise fear will win, and that’s when dreams die.
In a recent interview with Y Combinator, Tesla founder Elon Musk, discussed the topic of fear and what role it has played in his life, as well as how to overcome it. Elon has accomplished a lot of things in his lifetime, and he is currently working on several other amazing and groundbreaking initiatives. His lists of success might lead many to believe he is fearless, especially given the fact that some of the things he’s involved in might still seem impossible. So, while many people likely believe that Elon has very little fear, given his track record, the fact is, he is not immune to fear.
2. IMPORTANT ENOUGH TO OVERCOME FEAR
In fact, when asked where he finds that strength to be fearless, Elon pointed out that he feels fear just as much as anyone else. “It’s not as though I just have the absence of fear. I feel it quite strongly. There are just times when something is important enough that you believe in it enough that you do it in-spite of fear.” He took it a step further by saying not feeling fear would be abnormal. “It’s like, people shouldn’t think, well, ‘I feel fear about this and therefore I shouldn’t do it.’ It’s normal to feel fear. Like, you’d have to have something mentally wrong with you if you don’t feel fear.”
3. ACCEPT THE POSSIBILITY OF FAILURE TO FIND SUCESS
What does Elon do to overcome the fears he feels? How does he beat it and find the drive to keep going? Some might find his answer a little surprising. “Actually, something that can be helpful is fatalism, to some degree. If you just accept the probabilities, then that diminishes fear.” He said that when he started SpaceX, he thought the odds of success were less than 10%, but he simply accepted the fact that he would more than likely just lose everything. However, he also thought that despite the risk there was a chance they could make some progress and move the ball forward and still do some good. “Same with Tesla. I thought the odds of a car company succeeding were extremely low.”
So…
- Realize and accept fear as normal, you are not alone.
- Focus on what’s important enough to you to get started, continue undaunted and overcome and/or get past your fears.
- Accept the worst outcome as possible and acceptable.
We hope you found this article about How to Overcome Fear and Find Success helpful. If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or our website at www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.
To receive our free newsletter, contact us here.
Subscribe our YouTube Channel for more updates.
Considerately yours,
GROCO, GROCO Tax, GROCO Technology, GROCO Advisory Services, GROCO Consulting Services, GROCO Relationship Services, GROCO Consulting/Advisory Services, GROCO Family Office Wealth, and GROCO Family Office Services.
Top Tax-Saving Moves Used By High Net Worth Individuals
One of the biggest complaints certain groups or individuals have against the wealthy is that they can take advantage of too many tax breaks and loopholes to lower their tax bill. So what are some of the top tax strategies that high net worth individuals use to keep their tax rates down, and could anyone…
Should University Donations Trigger Tax Breaks for the Wealthy?
Universities big and small receive donations from many different sources, including wealthy alumni. However, not all donations are created equal and because the wealthy donors get a huge tax break for their significant donations, some wonder if that is really fair. For example, Nike co-founder, Phil Knight, recently donated $400 million to Stanford, where he…
Money-Saving Tips for Freelancers
When you hear the term freelancer, you might think of someone working a small business out of his or her home and just doing things on the fly. However, freelancers come in all forms and many owners of small businesses or startups are also freelancers. Being a freelancer means you are self-employed and being self-employed…
Who Really Qualifies as a Dependent for Taxes?
How many dependents do you really have? Who can really be counted as a dependent? These are some of the most common questions that all taxpayers have. Can you count all of your children, live-in help, or perhaps a dog or other family pet? What about a friend who decides to crash at your place…