Earlyface

Fear of failure (also called "atychiphobia") is when we allow that fear to stop us doing the things that can move us forward to achieve our goals.

9 Months ago, I received a call from a client who confined in me on his failure after one attempt in doing business, he quitted.

Frankly, he was having fear of failure and the below following were the 5 causes of his failure.

1. Lack of a well-defined purpose in life: he was living a garbage in and out life. He never sat down to strategize and draw a daily plan of achieving those goals.

2. Lack of ambition to aim above Status quo: he was comfortable with the status quo. He never wanted to aim higher which was why after the first attempt failed, he easily ran into his shell. I doubt most people actually intend to stay mediocre their entire lives.

3.Insufficient applied education: I am not referring to school but self thought knowledge of what you have applied or others who have done what you want to do. He went in to business without finding out how it is been done from others.

4.Procrastination: This is definitely one of the biggest causes of failure. It’s actually one of the ones I struggled with the most when I was starting out as an entrepreneur. In seems in today’s society, people are becoming more and more lazy as technology progresses.

5. Lack of persistence:It’s a lot easier to start something than it is to finish it. Especially in entrepreneurship, people tend to be excited about getting started, just like the above man but then quit at the first sign of defeat. 

In our next post, we will look at how he overcame all is shortcomings.

WRITER TIMOTHY