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7 fears all successful people must overcome

Fear of old age (and death)

Benjamin Franklin once said, "Most people die at 25 and are buried at 75." This metaphorical death comes when people figure they can't make it happen, so they end up quitting in advance.

Fear of old age can also be harmful when a person has to go through a major career transition. In the end, age is far less important than your belief in yourself.

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7 fears all successful people must overcome

7 fears all successful people must overcome

https://www.businessinsider.com/a-self-made-millionaire-shares-the-7-fears-all-successful-people-must-overcome-2016-2?IR=T

businessinsider.com

7

Key Ideas

Fear of criticism

Many people are afraid to live their dreams for fear of what others may think and say about them.

Making decisions based on what people think will debilitate you for the rest of your life.

Fear of poverty

Many people are stuck in “survival mode.” Too many people settle for mediocrity because they think they must “survive” instead of “thrive.”

Never let the fear of poverty hold you back from your dreams.

Fear of old age (and death)

Benjamin Franklin once said, "Most people die at 25 and are buried at 75." This metaphorical death comes when people figure they can't make it happen, so they end up quitting in advance.

Fear of old age can also be harmful when a person has to go through a major career transition. In the end, age is far less important than your belief in yourself.

Fear of failure or "what if"

“What if it doesn't work? What if no one likes it? What if it fails?"

These are the wrong questions. Instead, concentrate on all the ways you may succeed. Even if you fail, it can give you a chance to reflect, correct and succeed. 

Fear of offending others

People must be audacious in their actions if they are going to achieve their dreams. 

Many people are afraid of offending others with their self-promotion. However, no one will recognize your talents unless you show them.

Fear of looking foolish

We need to have more faith in our decision-making ability.

Find out who you are and what fits your style. Often, you'll have to start by finding out who you aren't. Trust your gut and know that you're making the right decision.

Fear of success

Many people are afraid of their true “self-expression,” which is what real success is all about.

Many families operate on the belief system that becoming successful is unrealistic, so they never push their kids. Instead of adopting this mindset, believe that you will achieve success.

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Our Most Common fears
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  • Fear of losing love 
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  • Fear of embarrassment or ridicule
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Fear Paralyzes Action

The most common reaction in a fear situation is the attitude of, “I can’t!”

This is the fear of failure that stops us from taking action. It often shuts down the brain and causes us to revert to the “fight-or-flight” reaction.

Visualize Yourself as Unafraid

Your self-image, the way you see yourself and think about yourself, is eventually altered by feeding your mind these positive mental pictures of yourself performing at your best.

So visualize yourself performing with confidence and competence in an area where you are fearful.

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Fear Of Trading
Fear Of Trading

Trading of stocks and bonds has many variables and the uncertainty can lead to fear and anxiety. Fear is the biggest hurdle to overcome in this otherwise lucrative way to earn money.

Fear Of The Unknown in Trading

The most common fear is the fear of the unknown, where uncertainty and lack of knowledge of the forces at play can lead to a feeling of gambling away one’s money.

This fear can be overcome by expanding one’s knowledge about trading by taking a course or reading relevant books.

Fear Of Being Wrong in Trading

We are hardwired to be right and are awarded throughout our life pursuing what is right while being punished if we are wrong. From an early age, we learn to avoid the embarrassment of being wrong.

Trading success does not rely on one being right all the time or even on the IQ of the person. The outcome is equality reliant on the emotional makeup of the person.

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Michelangelo

“The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim ..."

Michelangelo
Find What You Love to Do and Do It

Focus on doing something you love.

When you’ve found what you’re passionate about, you get the motivation to keep you moving.

Learn How to Balance Life

If people think their job will lead to success, they might spend too much time on it and neglect other areas of their life.

Keep a balance between work, rest, health and life. 

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Tim Ferriss

“The hard choices—what we most fear doing, asking, saying—these are very often exactly what we most need to do.”

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What's Holding You Down

Some people allow fears to keep them stuck in their situations. Fear has the ability to keep you stuck and control your mindset.

You can silence it by stating this fear out loud and becoming familiar with the worst-case scenario.

Gary Vaynerchuk
Gary Vaynerchuk

“You Don’ t need permission to chase your dreams. Go execute.”

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Turn envy into curiosity

This will help you to take action instead of feeling sorry for yourself. So the next time you see someone do something you want to do, either:

  • Reverse engineer what ...
Charlie Munger
Charlie Munger
“Increasing rationality and improving as much as you can no matter your age or experience is a moral duty.”
The labels you put on yourself

They shape your actions. If you think of yourself as lazy or weak, you act in accordance with that label.

Instead of placing labels on yourself, try making statements indicating you’re in the process of improving. Change “I am” to “I’m working on it.”

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Start With Small Bets

Risk should preferably be viewed as an experiment. This helps with testing innovation and reducing risk if things don't turn out as intended.

Imagine the Worst-Case Scenario

When you take the time to consider the downside possibilities, it will be less frightening if they happen. This will give you the confidence to stay the course.

Develop A Portfolio Of Options

If you have only considered one possibility, you should probably worry about it.

Find many possibilities for success, then you can be positive that at least some of them might work out.

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"Each of us must confront our own fears, must come face to face with them. How we handle our fears will determine ..."

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Dale Carnegie
Dale Carnegie

"Inaction breeds doubt and fear. Action breeds confidence and courage. If you want to conquer fear, do not sit home and think about it. Go out and get busy."

Eleanor Roosevelt
Eleanor Roosevelt

"You gain strength, courage and confidence by every experience in which you really stop to look fear in the face. You are able to say to yourself, 'I have lived through this horror. I can take the next thing that comes along.' You must do the thing you think you cannot do."

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The fear of ceasing to exist

The idea of no longer existing is more than just "fear of death". It arouses a primary existential anxiety in all normal humans.

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Mutilation

This is the fear of losing any part of our bodily structure or the thought of having our body's boundaries invaded.

Anxiety about animals, such as bugs, spiders, snakes, and other creepy things arises from fear of mutilation.

Loss of Autonomy

The fear of being immobilized, restricted, overwhelmed, entrapped, smothered, or otherwise controlled by circumstances beyond our control. 

Fear of intimacy, or "fear of commitment," is basically fear of losing one's autonomy.

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Bad behaviors cascade

That reticence to ever ask someone out on a date probably plays out in your failure to move to a new city, to take that new job or the timidity around your co-workers.

Standing out of the crowd

People don’t like it when someone changes or does something that makes them feel awkward or insecure. They will think he’s crazy, selfish, arrogant. If you want to do something incredible, you have to become comfortable with being different from the rest.

Nothing worth having comes easy

As cliche as that sounds. Most of us give up on something we’re passionate about too soon. But anyone who’s been successful has a tale of struggle and perseverance to share.

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Other people’s judgments

When you spend too much time concentrating on everyone else’s perception of you, or who everyone else wants you to be, you eventually forget who you truly are. Don’t fear the judgments of others; ...

Old troubles from the past

You can’t change what has already happened, so choose to look ahead instead of behind you. Don’t stress. Do your best. 

Your past mistakes are meant to guide you, not define you.

Daily little frustrations

You will find that it’s necessary to let some things go simply for the reason that they’re heavy on your heart and soul.

Go ahead and let go of them. 

6 more ideas