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Beating Your Fears As a New Entrepreneur

Stepping out on your own and beginning a new business can be scary. There's no reason to be afraid, though. Getting your mindset in gear and following some of these great tips can help you feel confident and look forward to great success.

Write a Business Plan

One of the best things you can do as you begin your new endeavor is to write a business plan. This document details your market research, company structure, financial forecasts, marketing plan, and products or services. Many lenders require a business plan if you're looking for funding, but it also serves as a great outline to keep you on target and help you feel prepared. 

Keep It on the Side

Sometimes a new business is slow to build while you gain clients and a good reputation. While this happens, you don't have to jump in with both feet. Keep your day job, and run your business as a side hustle. Not only does doing this give your business time to grow, but it also gives you time to grow in confidence about just how amazing your new opportunity can be.

It's All in the Mindset

It may feel silly, but the way you think can actually affect your reality. It's important to have a positive mindset in business. Don't doubt yourself. Be positive and surround yourself with others who are positive about how amazing your new venture is. It also helps to choose something to manifest and repeat it as often as possible. Try something like "I'm a magnet for success" or "my business grows more successful daily."


Your marketing materials are usually your business's first introduction to a customer. Make this introduction count by ensuring the materials are professional and easy to read. You can create the materials yourself or work with a graphic designer. Whether you're sharing design ideas or finalizing proofs, avoid compressing JPGs to make them easier to send. Instead, use a JPG to PDF converter so that image quality is preserved and file size is minimized. Then, much like wearing your best tie, the image your business is putting out there is always crisp and neat.

Follow in Someone's Footsteps

Do you know any successful entrepreneurs? Take some time to sit and talk with them about their fears and how they overcame them. If you don't know anyone personally, many books are available in which successful business owners tell their stories and give advice on how to do it yourself. If you can find one, a business mentor can be a valuable asset. Your mentor doesn't have to be in the same field as you to offer helpful advice and encouragement about being an entrepreneur. 

Believe in Your Success

Yes, running your own business can be intimidating. Instead of viewing it as something to be afraid of, reframe your point of view, and acknowledge that it's a challenge. Find exhilaration and inspiration in meeting this challenge head-on, and you can find your way to success.

If you need further support or have more questions, contact your local chamber of commerce. It has plenty of resources to help you in your business dealings.

Offer Valid: April 20, 2022May 31, 2024
Charlevoix Area Chamber of Commerce