Thriving Beyond Fear – Strategies for Women in Business
Fear has a knack for creeping into our lives when we least expect it. It's a primal response designed to keep us safe from threats. But for women in leadership roles, fear can take on a life of its own, affecting our confidence, business decisions, and ability to grow.
Let's explore how to recognize the fears that creep into our psyche and how to overcome them so they don't rule our decisions. We'll delve into how fear can manifest in the workplace, the consequences of fear-driven decision-making, and most importantly, how to overcome this obstacle to become a more confident and effective leader.
Recognizing Fear
The first step to manifesting change is to recognize that the fear exists and acknowledge it, whether internally within yourself or externally with a trusted advisor, friend, partner, etc. By acknowledging and working to articulate your fear, you can begin to distance yourself from its grip and start to deal with why you have the fear in the first place.
The Consequences of Fear-Driven Decisions
2023 has been a very challenging year for my business. After parting ways with a major client in January, it was very apparent that I wasn't going to replace that income fast. I was terrified. For the first time in my life, I didn't know if I could pay my bills or myself. After everything I have done, everything I have personally invested and sacrificed to make this dream a reality. I would be letting down so many if I couldn't make this work. Most of all, I would be letting myself down. Up until this point, I had resisted seeking out capital investment.
I was afraid of the risk.
I was paralyzed.
All this paralysis accomplished was a delay in my decision.
That is what fear does. It seeps in and starts wreaking havoc on our ability to be objective, decisive, and take on risks. We waste precious time. These are the very elements every business owner needs to be successful.
Transforming Fear Into Strength
There was a moment when I had to confront my situation honestly and ask, What was the worst that could happen? I started to outline the situation and research potential consequences and solutions.
I have not eliminated my fear, but have a better approach to dealing with it. I feel empowered now, not helpless.
Cultivating Confidence & Looking Ahead
My shift in mindset started to impact my business activities directly. I worked tirelessly with a single-minded focus and grit, not giving up or giving in. And day after day, I felt more confident and resilient.
I focused on the smallest wins and used them to push me forward. I started receiving more recognition and opportunities, small but also monumental.
I'm not out of the woods. Today, I'm looking at Q4 with optimism but knowing it won't make up for two quarters of loss. I'm okay with that. I use my fear to frame a situation, and I work to listen to it, asking what's driving that fear and what obstacles I need to face or overcome. This will be a lifelong journey as a business owner, but I am so grateful to have experienced it. I am so much better for it.
As a female executive or business owner, your journey is uniquely your own, but the challenges posed by fear are universal. By recognizing the many faces of fear, understanding its consequences, and cultivating your confidence and resilience, you can break free from its grip and become a fearless leader who makes decisions with conviction and clarity.
Remember, empowerment triumphs over fear, and it's time to take the reins of your leadership journey into your own hands.
I'll be right there with you, cheering you on.