3 Fears You Need to Overcome to Be a Successful Entrepreneur

It wouldn’t be an exaggeration to say that just about everyone wants to be their own boss. Indeed, we’re sure all of you have dreamed of quitting your day jobs and starting a business of your own. However, there’s a reason why not everyone does it. Starting your own business and becoming an entrepreneur can be quite scary. We’re not gonna sugarcoat it, becoming an entrepreneur is serious work and you’ll need to be confident and committed in order to succeed. This is easier said than done as there are certain things that hold you back. To help you overcome this, we thought it would be useful to put together a brief article on this. If this is something that you’re interested in learning more about, read on for three fears you need to overcome to be a successful entrepreneur.

1. Fear of Failure

“What if I fail?” is one question that we’re sure that you’ve asked yourself over a million times. Indeed, it can be quite scary especially if you’re setting off on your own to build something that is truly yours. And while we have to admit that it is a risk, you have to keep in mind that big risks come with even bigger rewards. Instead of thinking about what happens if you fail, imagine what will happen if you don’t. While it certainly won’t be easy, nothing worthwhile ever is. 

2. Fear of Uncertainty

Giving up your stable day job to chase your dreams may be scary. Sometimes it can feel like you’re doing the wrong thing and you’ve made a huge mistake. During times like this, it’s important to remember that doubt can be good for you. When you doubt, you allow yourself to think about your choices more thoroughly. Use this to your advantage. While uncertainty may be scary, use your fear of it to arrive at the best possible decision for your new venture. Now, no one gets it right all of the time but being thorough will help you make the best possible decisions for your business.

3. Fear of Being Too Busy

Being an entrepreneur is no joke. You will have to make sacrifices in order to make your dreams come true. This level of commitment can be daunting as you may fear that you may not have any more time for the other things in your life. And while there is some truth to this, remember why you’re doing it. You set out to be an entrepreneur in order to build something bigger. To do this, you will need to commit your time, effort, and resources.


We hope this article has helped shed some light on the fears that you need to triumph over if you’re serious about being an entrepreneur. And while simply knowing about what you need to overcome won’t automatically assure that you get over these fears, it at least gives you a better idea of what you will need to work on. The road to becoming an entrepreneur is a difficult one but we would be lying if we said that it wasn’t worth it. Be sure to keep everything you’ve learned here in mind so that you can be as prepared as you can be before beginning your journey as an entrepreneur.

If you want to learn more about leadership development and business success, check out Black Business Global today. We offer support for Black businesses all over the world to help them reach their full potential. Get started by signing up to be a part of our Black-owned business directory in Vancouver and messaging us to learn more.