<img width="1" height="1" style="display:none;" src="//ib.adnxs.com/pixie?pi=da3765fe-b89e-4d68-a777-4ef35def16e2&amp;e=PageView&amp;script=0">

How To Overcome Your Fear Of FailureExactDrive was recently quoted in an article posted on LudoTech, a leading technology blog.

Its only natural that startup founders contemplate failure, especially considering that the majority of startups don’t last more than five years. More often than not however, the fear of failure tends to be quite irrational and often prevents entrepreneurs from focusing on the very goals they need to accomplish to achieve success. Rather than dwelling on the negative, its important to embrace the possibility of success and constantly envision your business in growth and continuous improvement. 

We spoke to several startup founders at different stages in their careers, and asked what advice they had for overcoming their fear of failure.

1. Focus on the End Result

Think about the end results of your hard work. As long as those are greater than the risks associated with failure then stop thinking about anything other than success. Also, as long as nobody is going to die or go to jail, then the risks of failure are minimal.

Monika Rydz, AuctionsByCellular

2. Business Failure is Relative

Reflect upon your own mortality. We all experience that last big failure someday.

Adam Ierymenko, ZeroTier

3. Just Do It

Start to work! The longer you think about what can happen, the stronger your fears will get and will prevent you from achieveing your goals. As soon as you dig your hands into work and get started, the easier it is to overcome your fears.

Jörg Fehlinger, Artist Radar

4. Know That Even The Best Have Failed

The best way for a prospective founder of a startup to overcome the fear of failure is to understand that it is highly likely the CEOs/businessmen they look up to have failed at some point. Donald Trump has had casinos close, Airbnb has had to reposition their strategies and we all know Apple wasn’t nearly as successful as Microsoft in the 90s. Successful people take risks, and you cannot take risks if you are afraid to fail.

Muneeb Mushtaq, AskforTask

5. Worrying Only Wastes Critical Energy

If you happen to fail it is not the end of the road, you can always bounce back. Failures are relative and worrying potentially failing will waste critical energy that could otherwise be applied to useful tasks. 

Tim Nichols, ExactDrive

6. Know That You Can Learn From Failure

To fail, and you will, is not the end of the world and you'll make valuable learnings from the experience.

Justin Ashurst, CTO & COO, AppInstitute

7. Good Planning Limits the Chances of Failure

n the majority of startups, failure is always a prospect. The trick is limiting the damage and knowing when to make changes at critical points to fix potential failure causing issues. With good planning and a staged approach to growth, organizations are able to carefully manage their milestones vs the required outcome. If founders plot their performance on an ongoing basis, action is able to be taken allowing the founder to change direction or put in place measures which avoid total failure.

Robert Sturt, UK WAN Procurement Expert


Read More: How To Overcome Your Fear Of Failure


Topics: Company News, Entrepreneur, Fear Of Failure

Tim Nichols

Written by Tim Nichols

Tim Nichols is a founding partner at ExactDrive, a digital media buying agency with white label, reseller and managed service options available. ExactDrive plans, manages, and optimizes online advertising campaigns with the objective of delivering measurable value and empowering clients to find precisely targeted audiences. ExactDrive has offices in Minneapolis, MN, Milwaukee, WI and SouthWest Florida.

Tim Nichols is also a contributing author on Forbes.com.

Gain Control.

Founded in 2011, ExactDrive is a data-driven digital media buying and planning agency. We’re always on the lookout for motivated ad agencies and businesses with a growth and improvement mindset. The more successful you are, the better your business will grow and ExactDrive is here to help.
ExactDrive works best when paired up with an ad agency or business that is looking to optimize and enhance its service offering and campaign performance. It's important to us not just how much you spend, but where your money goes - we love diversifying our efforts across various digital media channels to maximize return on ad spend.
Whether you want to raise awareness, incite action or open new channels, ExactDrive works behind the scene to deliver results so you can focus on operational imperatives. As a result, we become extensions to your daily ad operations and can be trusted with any digital media need because deep knowledge is always at hand.
To get experts on your side and gain control fill out the form.