Saturday, April 5, 2014

Never Fear Business Fear

If you listen to your fears, you will die never knowing what a great person you might have been.
Robert H. Schuller

Schuller's quote applies equally to both your business and personal lives. Playing safe will constrict your ability to succeed. Risk and Fear are necessary but you have to keep them under control.

One of the initial investors in Apple who owned 10% of the company sold his shares for $2900 because he feared the company was going to go under. In 2011 these same shares were valued at $10.1 Billion dollars. This is an extreme example of the losses that can come from fear. The best thing to do with fear is look at it straight in the eye and think what is the worse thing that could happen if I took this risk and ignored the fear. Often the potential benefits far outweigh the downside of not proceeding.

Be bold, be strong and overcome your fear. Take Action Now.

DK

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