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Conquer Your Fear of Failure: Unlocking the Entrepreneurial Mindset

by Marissa Rehder
June 19th 2023

On this week's Mindset Monday episode, we dive deep into one of the most common challenges entrepreneurs face: the fear of failure. This fear can hold you back from taking risks and making bold dec... More

Hey, hey, it's that time to start the week with a Monday Mindset podcast episode. I'm so glad you're here today. We are diving into the fear of failure and what you can do as an entrepreneur to stop allowing that fear of failure from keeping you stuck in your business and keeping you from scaling the way you want to scale. So hop on into the episode and I'll see you there. Welcome to the Marissa Raider Show where every Monday we give you the Monday mindset, the inspirational and motivational spark to kick off your week on our show, we empower moms and female entrepreneurs with big goals to take charge of their lives, set positive intentions and start living a life they love. We know how busy lifestyles can be. That's why we created a Monday mindset for a quick reset each week. Our advice will help you create actionable steps for achieving your big goals so that each new week sets you up for success.

Hey, hey, it's Monday. Welcome back to another episode. We are talking all about the fear of failure and it is a common challenge that so many entrepreneurs face. It can be a major barrier to the growth and success of your business. It can prevent you from taking risks trying these things, making bold decisions and those are the things that usually lead to significant gains in your business. So if you are giving into that fear of failure, it is holding you back, it's keeping you stuck and keeping you from scaling the way your heart desires you to scale your business. So we need to overcome this fear. And instead of viewing failure as something to be fear, you need to embrace it as a learning opportunity and an essential part of the path to your success. So here are some ways that you can shift your mindset from failure into a more positive light.

And I'm telling you from experience, this is life changing, not just in your business but in your personal life. So let's dive in. So the first thing that I need you to do is to reframe your thinking instead of thinking a failure as a negative outcome, think of it as a necessity. It's a step towards success. So every successful entrepreneur has experienced failure at some point, whether it be small or big, and it's almost always those failures that lead to the breakthroughs and significant growth. So I'm gonna take this to just like tell you from personal experience how true this absolutely is. So I was a teacher in my former life. I always talk about it like it's separate from the life I'm living when in reality, teaching has prepared me for every moment that I have in my business. I taught for almost a decade.

And when I started my business, I knew that it wasn't something I wanted to do forever. I wanted to own my own business. I just didn't know what that was. So I started off making teaching resources and coaching teachers on how to not burn out. seems awesome. Right? I could have made a full life career out of that. But my goal was to leave the classroom. Once I left the classroom, there was a global pandemic going on and my integrity, just something kept saying to me in my mind, you can't teach teachers how to stay in the classroom when you're not in the classroom anymore. There's something about the integrity of that that did not sit well with me. The further I was removed from the classroom, the less passion I had for creating teaching resources for teachers. I still will 100% support teachers any way I possibly can because they will always hold a special place in my heart. But I knew my business had to change. Now, I could have seen that as a failure.

Technically, my first business failed. But I took everything I had learned about running my online business and creating those resources. And now I use that on top of my communication skills and my ability to teach people in my business every day. So I could look at that as a failure or I could look at the amazing growth that I made during that time that has led me to the place in my business now that I can show up every day with integrity and know that I'm helping the people that I'm meant to help. So that goes along with my point number two here, which is to embrace a growth mindset. So that's the belief that your abilities and skills can be developed through dedication and hard work. So a lot of us, we know what growth mindset is. We say we have one. But when we get really honest with ourselves, we're like, I could never do that or, you know, I look at musicians and I think I could never do that.

I could never learn to play the guitar and be amazing at it. No, it's that I don't really want to learn to play the guitar. I mean, I do, but I don't want to put the time into learning it right now. So for me to just say I can't do that, that's having a non growth mindset. That's a fixed mindset. OK? So you have to believe that you can do anything because you really can, if you're willing to make the sacrifices put in the work, put in the time, make the decisions, take the risks, do all those things, you can make anything. You want your reality. That's what a growth mindset is. It's stopping yourself in your tracks. Any time you hear yourself say the words I can't and thinking, is it I'm choosing not to or is it that I really think I can't do this? And the last thing here is you got to celebrate those small wins. Celebrating wins is something I talk about.

And probably all 90% of my episodes because it helps you build confidence momentum, making it easier to take bigger risks and overcome that fear of failure. Recognizing you're success along the way, you're going to build that positive mindset, that growth mindset and develop the resilience that you need to handle any setbacks that come your way. And then once again, you just have to use failure as a learning opportunity. How do you do that? That's what I really wanna dive in. I always want to end these episodes with something tangible that you can do. That's not just a bunch of fluffy words that you could have Googled. So how do you use failure as a learning opportunity? We're gonna really dissect that today. So when failure does occur, you need to use it as a chance to learn and improve. How do you do that? You need to analyze exactly what went wrong, write them out, journal about it. What went wrong? You launch a new product and you didn't sell near as many as you thought you would or maybe you didn't sell any at all?

Then there crickets. So what went wrong? Did you show up the way you needed to? Did you run have a launch runway or did you just say, hey, by the way, I developed these new products, here you go buy them or were you leading up to it? Were you building the hype around it? Were you giving the information that your community needs to buy into the reason why they need these products in their life? Once you've done that and you've analyzed what went wrong, you need to identify any areas that you have for improvement. Do you need to actually have a runway for your product launch? Do you need to build that up? Do you need to develop a actual plan to avoid those similar mistakes in the future? So you need to analyze what wrong you need to identify areas for improvement and then actually physically develop a plan for how you can avoid those similar mistakes in the future. So shifting your mindset embracing failure, all necessary parts of the journey.

I am living proof of that. You can overcome the fear of failure and take the bold risks that you need to achieve significant growth in your business. Remember, every failure is an opportunity to learn and grow. Say it with me, every failure is an opportunity to learn and grow and success often comes after those setbacks and those obstacles present themselves. So I hope that this has been helpful for you. I hope you take this and you run with it. I would love to hear all about how you're shifting your mindset when it comes to embracing failure. Hit me up on Instagram at Mercer coaching, email me Marisa at Mercer dot com. Leave a review and let me know, share out this episode if you found it helpful, help me grow this podcast so that we can change as many women's lives as we can. This year, big goal of mine, I want to reach 10,000 downloads this year.

We're just over halfway there. So I'm gonna do my part. I'm gonna show up consistently. I would love for you to do your part and consistently listen and share it out. That would be just an absolute privilege of mine that you find it valuable enough to share with your friends. And until next week, week, actually, until Thursday, I'm gonna be here cheering you on and we're gonna be talking all about time management for creative business owners. So you do not want to miss that episode, tune in on Thursday. And once again, I'm gonna be here cheering you on. Thank you for joining us for another episode of the Marissa Raider show. Our goal here is to support and encourage female entrepreneurship along with managing the everyday chaos. Life throws our way. We strive to help women who want to take their lives and business aspirations to the next level and know that that takes focus, dedication and hard work to get there for more great content for Marissa. Be sure to check out her website www dot Marissa Raider dot com or follow her on Instagram at Marisa Rader coaching.

See you next time on the Marissa Raider Show.

Conquer Your Fear of Failure: Unlocking the Entrepreneurial Mindset
Conquer Your Fear of Failure: Unlocking the Entrepreneurial Mindset
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