Tag Archives for " Southwest Florida Women’s Foundation "

How can I start a business when there’s so much competition?

How can i start a business when there's so much competition?

 

Have you been thinking about starting a business, but maybe you’re saying to yourself?

“There’s too much competition out there, I don’t know how I would measure up.”

Business Coach, Darcy Eikenberg will dispel the three most common myths stopping hopeful entrepreneurs from bringing their ideas to life.

  1. I shouldn’t start a business if there’s already competition – Competition is evidence that there are customers and clients for your business. For the work you want to do and the way, you want to serve. Don’t get caught up in thinking you have to be totally unique. Because that couldn’t be further from the truth
  2. I need to worry about my competition every single day or I need to do everything better than they do. Worry, fear and stress are not productive emotions. When you worry about your competition you’re not focused on what you can control which is YOU! And your decisions. Replace your worry with curiosity. Talk and engage with your competition, try to learn from their experience. You might have a revelation about the direction in which you want to take your business!
  3. Other people are my competition –Are the thoughts in your head getting in the way of you trying something new? Often, your biggest competition is YOU. Self-doubt and fear of reaching out and making an offer, or pricing your products and services in a way that reflects the true value of the problem is a bigger obstacle than your perceived competition. We can be the biggest roadblock to moving our business forward. To truly build a successful business, we must start believing in ourselves

How about you? How do you get past all the myths that are out there about competition? Let us know in the comments below

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The Three Things That Get In The Way Of Starting, Growing and Succeeding In Business

the three things that get in the way of starting, growing and succeeding in business

 

Today we’ll discuss the three things that get in the way of starting, growing, and succeding, in business. Those three things are fear, worry, and stress. Below are some tips on how to manage these emotions.

  1. Know where the fear, worry, and stress are coming from
    That voice in your brain that manages your fears and anxieties is part of the ancient, evolutionary, defense mechanism. Your bran is simply trying to protect you and keep you comfortable. Don’t let the prehistoric part of your brain take control over you. Make sure that you are the one making informed decisions about your life
  2. Do your homework and get the facts
    So many times we get worried and afraid because we’re skipping ahead. Because we’re guessing “Well if I can’t get a customer then I’m never going to make money. If I don’t make money, then I can’t pay the rent. If I can’t pay the rent then I’m gonna be living in a box under a bridge”. We swirl ahead, but if we employ a strategy where we do the homework we can break that cycle. Don’t get blocked because you think you know the facts. Get the facts!
    Does your fear revolve around not having money to start a business?  Many people often talk themselves out of good ideas, good business ventures, and even good career choices because they’re guessing about their money.  Make a budget, write down on paper what it costs you to live, how much do you make, how much are your bills, how much do you have saved?  Write it down to have it in front of you so you can get the facts about your money.

3. Turn your fear into excitement (turn your fear into something positive instead of focusing on the negative)
When you feel the fear overwhelming you before an event, before a phone call, etc., take a deep breath and focus on the positive in the current situation to turn your fear into excitement. If you’re excited about what you do, that will help get over the stress and worry and your fear will turn into confidence. People can feel that!

Remember that every time you start something new or do something that is out of your normal everyday routine, you are going to experience some level of fear, worry, and stress. That is the ancient part of your brain trying to keep you safe to continue doing the things that you’re already comfortable doing.

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