Introduction
As entrepreneurs, we begin our journey with a vision: we want to see the world in a different way and make an impact. But what happens when self-doubt begins to creep in? You’re not alone. In fact, low self-confidence is something many entrepreneurs face during their journey as they question their own abilities. To help combat low self-confidence, here are some simple tips that I’ve learned over the years that can help keep you on track and moving forward toward your goals:
1. Taking any action is better than no action. Any movement forward is a confidence builder.
- Taking any action is better than no action. Any movement forward is a confidence builder.
When you’re stuck in your business-building, it’s easy to get caught up in the paralysis of analysis and procrastination—the fear that taking any first step will be the wrong one. But when you take even one step, even if it’s not perfect or doesn’t seem like anything more than just moving forward, that action gives you momentum and helps build belief in yourself as an entrepreneur.
2. Surround yourself with people who believe in you.
One of the best ways to combat low self-confidence is by surrounding yourself with people who believe in you. You can do this either by finding them or building a support network.
For some entrepreneurs, this might mean joining an organization or association where they can meet and form relationships with other like-minded individuals. Others might find that their community already has groups that cater to entrepreneurs—like co-working spaces, angel investor groups and startup incubators—that are ideal places for meeting people who will help build up your confidence and support your entrepreneurial endeavors.
3. Make goals
Often, entrepreneurs are so focused on their business that they forget to focus on themselves. It’s easy to get caught up in the day-to-day grind of doing business and forget to take care of yourself. It’s important that you make time for self-care, which includes setting goals for yourself.
In order for a goal to be effective and meaningful, it needs to meet five criteria:
- Specificity – “I want more money” is not specific enough because it doesn’t tell you what amount or when it will happen
- Measurability – “I want more money” is also not measurable as there isn’t a way for you to track its progress
- Attainability – “I want more money” can never be attained because there is no cap on how much someone could earn in their lifetime (unless they die very soon). Also, note that this term means something different than ‘realism’ (see below). An attainable goal is one that can reasonably be accomplished based upon current strengths and weaknesses without any additional resources beyond those currently available (e.g., funding). A realistic goal might take years or even decades before being realized; an attainable goal can usually be achieved within six months or less with existing resources
4. It’s not just about being the best. It’s about being better than you were yesterday.
You are not competing with other entrepreneurs. You are not competing with the success of your competitors. You may be in competition with them, but that’s an entirely different category of thinking. Instead, focus on the process and what you can control: YOURSELF. It’s about being better than you were yesterday—whether it’s through learning new skills or just getting out of bed when the world seems to have its back turned against you (and sometimes it does).
I love this quote from Thomas Edison: “Genius is 1% inspiration and 99% perspiration.” There will always be people who are faster, more talented, and more experienced than we are—but there’s a chance that those same people might not work as hard as we do to get there! If they’re doing things without putting in the work then it could impact their long-term success and ability to cope with failure (because let’s face it—everyone fails at some point).
If someone else has done something amazing before us then let THAT inspire us instead! Let it motivate us to do something even better ourselves rather than compare our efforts unfavorably against theirs or give up because we don’t think we can do anything that great any time soon.
5. Embrace failure
The last thing that you should do to improve your self-confidence is embrace failure. Failure is a part of life, and it’s something that people learn from. If you fail, don’t let it discourage you too much. Instead, use it as an opportunity for reflection and growth.
Think about what caused your failure and how you can prevent it in the future. Did your idea not work out because there wasn’t enough market demand? Maybe so! But maybe the problem was with how well or poorly you executed that idea—or maybe there wasn’t anything wrong at all! Maybe it didn’t work because people just weren’t ready for what your business was selling yet. Whatever the case may be, don’t let yourself feel defeated when things don’t go according to plan; instead, use these experiences as opportunities for personal growth and improvement so that next time around goes better than before!
What we think, we become. So be careful how you talk to yourself.
How you think, is how you feel. And if you’re thinking negative thoughts, it’s no wonder why you might be feeling less confident than usual. The good news is that this can change! It takes practice, but like all habits and skills, it’s not just something that comes naturally to some people and not others—it’s something anyone can learn to do consistently (and get better at).
You are what you think
Think about what the top 1% of the world would say about their success; who do they credit for their achievements? They would probably say it was because they had great teachers or mentors who helped them along the way—but also because of their own hard work and dedication. Even if those things were true (which I’m sure they were), there’s still a huge part of being successful that comes from within your mindset. Your thoughts create your reality—so when we look at those who succeed in life (or business), we often miss out on an important factor: how they think about themselves and their abilities!
Conclusion
Entrepreneurship is all about building confidence. It requires grit, determination, and a whole lot of courage to take on the world as an entrepreneur.
You won’t get anywhere without believing in yourself and your ability to succeed. The first step to building self-confidence is identifying what you want in life and developing a plan for how you can get there. Don’t just sit around waiting for it; go after it!
If you don’t believe in yourself, then no one else will either—and that’s why low self-esteem can be so damaging when starting a business from scratch or growing an existing enterprise into something even bigger than before.”
Kotton Grammer is the founder of Kotton Grammer Media and has trained over 20,000 entrepreneurs on how to start their own digital marketing agency along with having helped thousands of businesses achieve maximum visibility in search engines with organic traffic. His website is https://kottongrammer.com
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