How Women in Business Can Overcome Fear-Driven Decision-Making and Eliminate Regret
Success is subjective
Build a business that feels great to you, it is what truly matters.
Are you a woman in business who often finds herself paralyzed by fear and indecision? Do you struggle to take risks and avoid making bold decisions that could propel your business forward? If so, you're not alone. In a recent episode of The Driven Woman Entrepreneur Podcast, I explore the reasons why many brilliant women procrastinate and resist taking meaningful risks in their businesses and examine the flawed notion that success in business is solely determined by external factors.
My perspective is that skill and strategy are essential, but so is mindset, so this episode focuses on the importance of aligning passion, purpose, planning, prioritizing, and profitability to ensure a sustainable and fulfilling entrepreneurial journey. Let me share some of the highlights of the episode with you in this blog post.
Focus and Distraction
Building a successful business requires a delicate balance of skill, will, and mindset. When working with my coaching clients, I emphasize the crucial role of having a clear strategy and direction in order to achieve sustainable success and monitoring your results often. It's easy to fall into the trap of indulging in counterproductive activities that create an illusion of urgency and importance, but ultimately do not contribute to advancing your business. I encourage my clients to focus on actions that actually move their business forward, leaving behind the distractions and staying on the path to success. So many tasks can seem urgent and important but are often an indulgence that prevents us from examining where we actually need to spend our time and energy.
Preventing Regret and Taking Action:
I also explore the mindset and decision-making skills necessary to prevent regret and take decisive action. I provide practical tools, such as worksheets, to help my clients overcome barriers and develop the confidence needed to manage perfectionism, doubt, and uncertainty. A key focus is providing assistance in building confidence and managing fears, recognizing that taking action despite fear is key to achieving our entrepreneurial goals.
The Indulgence of Buffering and Confusion:
It's common for entrepreneurs to indulge in buffering and confusion, which hinder their progress. The types of activities that seem necessary and important but are actually a form of procrastination are things like constantly coming up with new services, instead of fully developing and leveraging existing programs and services. Rather than taking risks and facing rejection, many small business owners fill their time with non-productive activities. In this episode, we emphasize the importance of market research, identifying ideal clients, and making offers in order to determine what is working and what we need to eliminate or revise. Learning to break free from the fear of rejection and embrace risk-taking as a necessary part of their entrepreneurial journey is one of the most important transformational outcomes a client can experience working with me, one that increases confidence tenfold.
Challenging Societal Pressures:
There seems to be a great deal of societal pressure for entrepreneurs to scale their businesses as the only way to grow, however, in this episode, we challenge these pressures and highlight the pitfalls of making important decisions about growth based on fear or a scarcity mindset. I encourage entrepreneurs to trust their intuition and avoid overthinking, overcomplicating, and overdelivering in pursuit of perfection. I prioritize sustainability, personal values, and avoiding burnout as crucial aspects of building a successful business that aligns with our individual needs and goals. Scaling may not be necessary or beneficial, especially if it is not aligned with other variables.
Taking risks and conquering fear and indecision are essential for the success of any entrepreneur. By understanding and demystifying the fear of failure, aligning our businesses with our personal values, and developing the necessary mindset and decision-making skills, we can drive our businesses forward with confidence, purpose, and profitability. If you'd like to dive deeper into this topic, I encourage you to listen to the full episode of The Driven Woman Entrepreneur Podcast and explore the practical strategies and insights I shared.
Feel free to DM me on LinkedIn or IG @coachdiannwingert or send me an email at diann@diannwingertcoaching.com. I'd love to hear your thoughts! If you'd like to hear the full episode on The Driven Woman Entrepreneur Podcast, you can do that here: https://bit.ly/thedrivenwomanpodcast
Remember, success is subjective, and building a business that feels great to you is what truly matters. Take control of your business, overcome fear, and embrace the risks necessary for your personal and professional growth. You've got this!