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My fear of failure has gotten me a few certs and 215% increase in pay over 3 years.
Same! 70% pay bump and a few certifications later but i don't know how long I want to stay in the corporate world
Subject Expert
You may not have found the right opportunity yet. Patience pays.
How do I know when it's the right one? Passion?
Adam Grant says that "ultimately, what we regret is not failure, but the failure to act".
You can start small: give it 2 weeks, which may turns into 4 and if you still like what you are doing, keep going. Give yourself a chance to start but also a chance to stop. Then reflect on how far you've gone in the first round of this experiment.
In the second round of experimenting with starting something new, you may go even 6 months to a year!
At 25, you need to give it all you got to know what you are capable of.
Maybe, on your third go, you won't fear starting, nor failing in the same way: maybe this time you'll fear failing to be significant or something else. But you would have learnt so much. And then you'll know if this is for you.
Never stop starting. You are 25.
You don't have to quit yet. Get started lme weekends etc. Only quit when it starts to get traction
Number one your question is very vague as a result you’re going to get more general responses - it’s not clear what you mean when you want to start a side hustle that doesn’t say to me you want to actually start a business but you want to make some extra cash
Think about more specific questions you can ask and you’ll get more specific replies- but generally speaking;
What makes you say you’re an entrepreneur at heart? what is motivating you? Do you need to start a business to satisfy those urges? What are your goals?
If you feel like you’re an entrepreneur get out of consulting and work in a business where you have skin in the game to see how you respond (yes I’m a consultant but I only went into it after years in industry and developing an expertise, and starting my own business)
Good luck
You need to explore what it is that you’re really fearful of -what does failure mean? are you concerned about what friends and family will think? Are you worried about making a financial decision that you can’t recover from? Do some deep thinking about that
What things have you failed out in the past and how did you bounce back?
Are you concerned with the financial implications? don’t bet more than you can afford to lose?
test and validate your ideas before investing any significant time or money the number one reason startups fail is no market need an idea does not equal a market.
At the same time you need to trust your gut you’ll never have
Invest in a coach to help you
Not one to give advice in this area, but go force yourself to do things in other arenas of life where you’ll likely fail
Not skydiving
Mentor
When you said investment, do you mean a fear of losing money or time? There’s a difference and tactics for mitigating risks would be different.
The approach of lean startup is not necessarily failing for the sake of failing, but derisking it in small steps so you’re taking calculated risks, not YOLOing it hoping for the best. Sure sometimes that works, but you don’t need to do that.
Mentor
Think about the worst case scenario and accept the worst case isn’t horrible. You might just take a step back to when you were 21. You survived that, you can survive it again.
Check first if you are the startup type and whether you are ready, willing and able to work in a startup (talanddev.com has a fast, easy and affordable assessment and talent matching network that does just that)
Ive never failed. I've just found 10,000 ways that won't work.