This week in class I had the opportunity to go through an exercise called "Deconstructing your fears." During the exercise I was to list my top four fears for starting a business. I then identified ways mitigate the risks for each one. Finally, I came up with a solution for how to get back to my starting point if I completely failed at my assigned task.
This exercise has helped me to realize that many of my fears are not as serious as I have always assumed them to be. Actually taking the time to look and and dissect my fears has allowed me to have more confidence that I can be successful as an entrepreneur.
It has not given me limitless confidence, but it has helped me to realize that there are ways of overcoming my fears. Knowledge is one of the best solutions to any type of anxiety like this.
My wife has been continually asking me to start a few separate businesses, a restaurant or a theme park. I feel that since she is very supportive that I would be able to work on the restaurant on a limited basis and see if I can be successful. I feel I should have more experience before I attempt something as big as a theme park. Time will tell.
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