I appreciated reflecting on the fears I have of beginning a business. I feel that when we acknowledge our fears about anything, we are most likely to be successful than if those fears are buried. These reflection questions really helped me as I thought about my own fears:
1. If you pursue your calling with discipline, intentionality, and the help of fellow travelers, what are the chances that your worst case scenario will really happen?
• With the help of others who have begun their own businesses, I think the venture will be successful. I think that my best mentors will be those people who have been successful at starting and running a business, no matter the arena it is in. They will be as valuable to me as what I learn in school as I pursue my degree.
2. As you look at your list of fears, what themes emerge? What is at the core of what you really fear? Financial ruin? The judgment or disapproval of others? Physical harm? Endangering the ones you love? Embarrassment?
• As I look at my fears, the central theme is fear of failing and how that will affect me financially. I think I would get over feeling sad and knowing that other people know that the business didn’t make it, however, it would be a long road financially to repay business loans that will most likely need to be taken. My fear of debt is real.
3. What is the risk of taking no action – not following your calling? How do you plan to deal with fear when it pops up on your entrepreneurial journey?
• Without pursuing the dreams I have and facing the fear of failing, that fear will always have power over me. Anytime I think of doing something new, I get anxious and worry about failing and how that will affect me financially, physically, and emotionally. Prayer definitely helps me to feel calm whenever I feel fear creeping into any aspect of my life.
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