1/18/22, 9:52 AM
Tips For How to Deal With Uncertainty as an Entrepreneur | Austin Rotter | Entrepreneurship
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Tips For How to Deal With Uncertainty as an Entrepreneur by Austin Rotter | Jan 18, 2022 | Austin Rotter, Entrepreneurship
There’s a lot an entrepreneur must grasp to succeed, but it often isn’t mentioned how entrepreneurs must learn to flourish in the face of uncertainty. Unfortunately, uncertainty and risk are the norm and a necessary element of the job. But it is no surprise that uncertainty does not sit well with our brains. It can hold people back and keep them from achieving success. Luckily, entrepreneurs can use techniques for conditioning their minds to accept uncertainty.
Build a Strong Team Entrepreneurs are only as successful as the teams they build. While entrepreneurs can often get the reputation of doing it all on their own, this is often not the case. Building a successful business takes a team effort and it’s important to choose members wisely. It’s essential to choose those who have the right expertise. Most importantly, these members should be trustworthy and trusted to handle business obstacles and unanticipated situations. https://austinrotter.net/tips-for-how-to-deal-with-uncertainty-as-an-entrepreneur/
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1/18/22, 9:52 AM
Tips For How to Deal With Uncertainty as an Entrepreneur | Austin Rotter | Entrepreneurship
Accept Uncertainty It’s best not to avoid uncertainty but instead to accept it. While it may be hard to hear, your business will run into problems. Any entrepreneur’s biggest mistake is thinking they are immune to obstacles. Once an entrepreneur not only accepts but embraces that there will be setbacks, they’ll be more equipped to overcome any problems their business faces. By getting used to the idea of uncertainty, the fear of it will no longer hold them back.
Prepare for the Worst Instead of fearing uncertainty as an entrepreneur, face it head-on. Start thinking about how your business could fail, even if the thought is scary. By doing this, you can start planning for the hiccups and obstacles that can get in the way of your business’s success. By taking charge and preparing for the worst, you’re ready to overcome it with ease when an unexpected setback occurs.
Use Your Network as a Shield Entrepreneurs should surround themselves with a good network. This network can include mentors, friends or family, and business connections. This network can act as a great shield to uncertainty because entrepreneurs can rely on them to prepare for the worst and the best. Whether it’s to give an opinion on an idea or seek expert advice, an entrepreneur’s network is an excellent testing ground.
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