3 Billionaire Tips On How To Overcome Fear of Failure

in hive-175254 •  2 years ago 

One of the most famous and repeated principle of every startup world is "If you ever want to succeed in anything, you must not be afraid of the failures and mistakes you do."

World richest person Elon Musk has said "Any business can fail and if you're not failed or mistaken, you have not tried enough." Elon Musk is the founder of SpaceX company with main goal to provide affordable spaceflight a reality. Now the main focus of Elon Musk is to colonize Mars till 2027.

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Taken from Pixabay

Moreover, consider one more saying from a famous American Inventor Thomas Edison that "I wasn't wrong at all. I just found 10,000 new ways that don't work."

Entrepreneurs and businessmen from around the world agree that to be successful, one must overcome the fear of failure and they also do this because it is the key to success. But truth is it is not easy to do and it is also not impossible to do this. For most of the people, making mistakes and failures is the end of their career. In fact, it is in ourselves in our nature to fear from social, economical, and financial mistakes.

But the fact is that fear of failure is inherent at the genetic level and it doesn't mean we can't overcome this. In this article, I will share some of the tips that most famous persons on the earth has told us after they have overcome fear of failure. With these tips you will surely become brave and confident.

Elon Musk

As I told above Elon Musk is the most richest person on Earth today in 2023. His net worth is 178.3 billion USD. Elon Musk is running a rocket company whose main goal is to make affordable spaceflights a reality and to colonize mars till 2027. If we look at him, we think he is totally fearless and in one of his interview he said, "I'm not fearless at all. I feel fear same like all other people do."

The question here is how he overcome this fear and the answer is he is not thinking positively to overcome these fears but he do quite opposite that is "Fatalism". He said Fatalism will help you at some extent. He also said if you simply accepts that exisiting possibilities of events are as given you will fear less.

Elon Musk also talked about his company SpaceX and said in start I was aware that there are only 10% chances that company will succeed and I accepted this and worked hard hoping that I would make this world a better place. Now I have succeed and it's worth the risk.

Richard Branson

If it doesn't seems good idea to think about worst-case scenarios then I suggest to read what Sir Richard Branson said. Just like Musk, people see Richard Branson a fearless personality but he said I was just like other people who fear from mistakes and failures.

He is the founder of Virgin Group. In one of the interview he said, "During our record-breaking balloon trip, I was wondered more than once that whether we would return alive or not."

Instead of focusing on what particular negative outcome of the situation we are in, it's better to focus on what our present circumstances can teach us, said by Branson.

He also said mistakes and failures are the best ways of learning. He said to learn from the negative outcome situations and do better next time.

Sara Blakely

Sara Blakely known as the most successful billionaire and the CEO of Spanx. She said "Yes mistakes and failures seems terrible and painful to us, but they can often lead to something wonderful. It's just hard for us to understand it at the time when happened."

Sara Blakely advised all of us to write down on paper all positive aspects of what happens to us so that we never forget this truth.

Blakely once said in an interview at Business Insider, "My dad told me everytime when things are not going what I wanted them to be, take a paper and pencil and write down all good things I can get out of situation and how I can do it."

So these are all motivational sayings from 3 Billionaires that we must keep in mind to overcome the fear of failure. These tips will surely help us to be succesful in life by overcoming fear of failure.

Thank You!

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Yes, it is true that overcoming the fear of failure is a challenge for many people, and it can be especially difficult in a world where success is often equated with avoiding mistakes. However, it is important to remember that failure is a normal and valuable part of the learning and growth process.