FEAR – The Biggest Obstacle To Financial Success

 Fear is one of the most powerful negative emotions known to man.

Scientists have proved time and again that we are born with only two fears: the fear of falling and the fear of loud noises.

We acquire all other fears as we get older.

When it comes to the pursuit of happiness and success, fear often leads to procrastination and self-sabotage.

This is in spite of the fact that we may have all the tools we need to succeed at our disposal.

In this article, we will look at five major fears that stop most people dead in their tracks when it comes to achieving financial success.

1.   The fear of criticism

As social creatures, we tend to look to others for approval. The trouble is, it is impossible to please everybody, especially when you have to take measures to improve yourself and rise above mediocrity. Learn to live with the fact that there will always be people who will criticize everything you do.

2.   The fear of losing everything they’ve worked to accomplish

This fear comes from the notion that creating wealth is difficult and keeping it is even harder. The sacrifice involved in the wealth creation process coupled with the possibility of losing everything prevents many people from getting started.

3.   The fear of failure

The main driving force behind the fear of failure is appearing foolish in front of our peers and hearing them repeat the dreaded words ‘I told you so’. Refusing to conform to the existing state of affairs results in taking the lonely road to success at the risk of failure.

4.   The fear of rejection

To be financially successful, you have to sell a product or a service. Selling carries with it the risk of rejection. The fear of rejection is partly due to a lack of self-belief. Overcoming this fear can go a long way in increasing your ability to sell.

5.   The fear of responsibility that comes with success

The more successful you become, the more responsibility you will have to assume. This may include managing different stakeholders, balancing work with family life, and managing your time effectively. Increased responsibility comes with the territory and has to be accepted.

To be successful, you have to take a certain amount of risk. Fear, which leads to indecision, will often prevent you from stretching beyond your comfort zone.

The question you have to ask yourself is; which of these five fears are preventing you from achieving the financial success you desire?