Small Biz Catalyst
Hello and welcome to Small Biz Catalysts. This show is for struggling small business owners who want to be able to earn a consistent 6 figure salary from their businesses and the economic development professionals who support them.
Explore with us as we delve into innovative strategies, success stories and actionable insights to empower small businesses as catalysts for economic resilience.
Your host, Ayisat Abilogun is a Certified Entrepreneurship Development Professional and the CEO of Financial Leadership Club of America.
Ayisat loves helping small business owners stay resilient so that their business can move past stagnation to growth phase.
In the last 5 years, Ayisat has empowered over 20,000 students and business owner through financial leadership courses, workshops and curriculum.
Let's help your business move from wistful to wellspring.
Stay with us as we delve into today's topic.
Small Biz Catalyst
#37: The Entrepreneur's guide to Conquering Fear
In this episode of Small Biz Catalyst, Ayisat discusses the impact of fear on entrepreneurship, exploring how it can hinder success and offering strategies to overcome it. The conversation delves into different types of fear, including fear of failure, uncertainty, and rejection, and emphasizes the importance of taking action despite these fears. Ayisat shares personal experiences and insights from successful entrepreneurs to illustrate how fear can be transformed into a motivating force for growth and achievement.
Grants & Resources:
Foam Recycling Coalition
Maximum Grant: $50,000
Deadline: April 15, 2025
Guidelines and Application: https://www.recyclefoam.org/grants
McGuffin Creative Group, Inc.
Maximum Grant: not specified
Deadline: April 25, 2025
Guidelines and Application: https://www.mcguffincg.com/grant/
Takeaways:
- Fear is a natural part of the entrepreneurial journey.
- Many entrepreneurs face the fear of failure, which can prevent them from starting.
- The fear of uncertainty can be particularly daunting when starting a new business.
- Evaluating the worst and best outcomes can help manage fear.
- The fear of rejection is common, especially when seeking funding or customers.
- Taking action, even in small steps, can help overcome fear.
- Transforming fear into excitement can shift your mindset positively.
- Successful entrepreneurs often face rejection before finding success.
- Building confidence in your value can reduce fear of asking for payment.
- Community support and partnerships can alleviate fears in entrepreneurship.
Tag a Business: Tag a Business | Small Biz Catalyst
Tag a business for a chance to win $25. Winners will be randomly selected each month. The winner choice of business could be featured on the podcast or our social media outlet.
Learn more at Resources | Small Biz Catalyst
