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6 Reasons Entrepreneurs Fail

By Allison Babb

All small business owners experience failure at one point or another. These reasons for failure are in no particular order and I am going to ask that you take a look at each one and really ask yourself if any applies to you. Not just ask the question but decide what you are going to do about it to create success for yourself, your business, or your business idea:

1. Not believing in your own ability to succeed

If you struggle to believe that you can be successful, that, to me, is the greatest failure point of all. When you do not believe in yourself, your abilities, your human potential, you tend to sabotage your own success.

You remain stuck in self-limiting beliefs. When you think about becoming hugely successful, are you shrouded in doubt or positive expectation? What will you do this week to move in the direction of positive expectation? There is no shortage of books, audio, etc for embarking on a transformation in your mindset and beliefs regarding the limitless success you can most definitely have.

2. Allowing fear to stop you

Small business owners all experience fear at some level. The hugely successful entrepreneurs are the ones who feel the fear and do it anyway. Whatever that "it" is. Think about the acronym F.E.A.R. False Experiences Appearing Real. Often what goes on in our mind is FAR greater than reality. What fear is stopping you? What will you do this week to move past it?

3. Allowing failure to stop you

If you are living and breathing, failure is inevitable. Some small business owners live their lives avoiding failure, while others allow failure to become a teacher and instructor. Which category are you in? The learners of failure rise up with greater strength and knowledge for the next challenge or opportunity ahead.

You can shift your thoughts from the failure itself and instead focus on what you can learn from the failure and how you can put that learning to good use going forward. Where is your focus when failure happens -- on the failure or on the learning? What will you choose to focus on next time failure hits?

4. Going it alone

This is huge. With regard to the business that you are in or the one that

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WANT TO USE THIS ARTICLE IN YOUR E-ZINE OR WEB SITE? You can, as long as you include this complete blurb with it: Allison Babb is an author, speaker and Small Business Coach to solo entrepreneurs. Allison publishes the "Small Business Success" weekly Ezine on how to create a steady stream of clients for your small business at: www.GreatSmallBusinessAdvice.com

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