Sara's Coaching Corner

It's natural to experience some level of fear of failure as we consider starting a business. After all, most of us have responsibilities, obligations, and people who depend on us. What we don't often admit to ourselves is nothing is 100% guaranteed and while failing isn't pleasant, fearing it prevents us from moving forward to realizing our full potential. In practicing and exercising a growth mindset through our coaching journey, we reframe failure as a necessity for learning and opening ourselves up to other opportunities. Trust yourself. Take a risk on yourself. Don't live a life of regret from not trying.

All my best!

Sara

By Terry Powell, Visionary Founder of The Entrepreneur's Source

We’ve come to the end of our series on emotional detours with Emotional Detour #5: Crabs in the Basket.

Have you ever walked down a beach and dug crabs out of the sand? You take a small shovel, dig the crab out, and toss it into a basket. If there’s only one crab, you’ll need a lid so the crab doesn’t crawl out. Once you’ve added that second crab, the lid will no longer be necessary because as one crab tries to crawl out, the other one will pull it back down. It’s much the same with people when they get scared of something new.

Let’s say you just spent lots of time gathering data on your new franchise. You checked out the competition, spoke to other franchisees, and put together what you think is a pretty good plan to move forward. Your excitement will undoubtedly lead you to a conversation with your spouse or best friend. That’s when you’ll hear about all of the things that are wrong with that great new business. They’ll say, “I know someone who got into that business and lost everything,” or “What do you think you know about that kind of a business? Are you crazy?” The next thing you know, you’re asking yourself, “What was I thinking when I actually believed that success was just around the corner?”

Your friend or spouse isn’t necessarily trying to keep you down. They’re just afraid. Their perceptions are driving their fear. They can’t help it. They just don’t know any better. Here are a few questions to ask yourself that may help you get past this detour:

1. If your friend or spouse had done the same research that you did, would they feel differently?
2. Is it important enough for you to slow things down to enroll them in the data gathering process?
3. Can you see yourself going forward without their support with the knowledge that your information will lead you to success?
4. Finally, and this can be a tough one, what happens to your relationship with this person down the road if you give up on your dream based of their perceptions?

Most of us really need the support of our friends and family when we’re making the jump from a job to entrepreneurship. Unfortunately, we don’t always get it. The odds go up pretty quickly if we can enlist those important to us in the process, but it can also slow us down. At the end of the day, it’s about what you want for yourself and how much you believe that you can be a success.

Do your homework. Do it well. Make your decisions. Don’t look back. If you’re already thinking of “plan B”, you’re not ready yet. You’ll find that your level of commitment will be one of the biggest factors in your success.

You can do it!

Revisit Detour #1 - Afraid of the Unknown from February, Detour #2 - Turning the Stones from March, Detour #3 - Analysis to a Point of Paralysis from April, and Detour #4 - Too Good To Be True from May.

Want to earn some easy money? Help me grow my business and in return, receive $250 for each client referral that results in a franchise placement under a career ownership coaching engagement with me. Additional terms and conditions apply.

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I have a passion for helping people achieve their desired goals, needs and expectations for their income, lifestyle, wealth and equity. It's my pleasure to serve you and help you achieve your You 2.0!

I live in the Kansas City Metropolitan area with my husband, Brian, two daughters, one son, a 120-pound German Shepherd, and 2 cats. I have an MBA from St. Mary’s University. I prioritize spending time with my family attending sporting events, musicals and relaxing at our family’s lake house.

Email: sroy@esourcecoach.com
Website: https://sroy.esourcecoach.com/
Location: Kansas City Metropolitan Area, USA
Phone: 913-359-9939

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