Which Do You Fear More in Business: Failure or Success?

Failure or Success? I can tell you from the start: I fear Success more than Failure. Why? Because Success will change my life in more ways than Failure will. So, do I self-sabotage myself and my business? Maybe.

The fear of Failure and the fear of Success are two powerful emotions that often shape our lives. These fears can be particularly potent in business, where Success can bring great rewards, but Failure can lead to financial ruin and personal setbacks.

DISNEY LEGACY

One iconic figure in the business world who faced the fear of Failure head-on was Walt Disney. In the early 1920s, Disney experienced business failures, including the bankruptcy of his first animation studio. 

Despite these setbacks, Disney refused to abandon his dream of creating a successful animated character. He went on to create Mickey Mouse, which became an instant sensation, leading to the establishment of The Walt Disney Company.

Disney’s relentless pursuit of his vision ultimately conquered his fear of failure, and his company continues to thrive today, arguably with more Success than most companies.

FEAR OF SUCCESS?

On the other hand, the fear of Success can be equally paralyzing. 

Howard Schultz, the founder of Starbucks, grappled with this fear when he initially conceptualized the idea of Starbucks as a global coffeehouse chain. Schultz’s fear of Success stemmed from the prospect of managing a rapidly growing empire.

However, he overcame this fear by surrounding himself with a dedicated team and maintaining his commitment to providing high-quality coffee experiences. 

Starbucks has since become a household name, proving that the fear of Success can be conquered with the right mindset and support.

FEARING RESPONSIBILITIES?

Another business leader who faced the fear of Success is Oprah Winfrey. As her talk show gained immense popularity, Winfrey became one of the most influential media personalities in the world. 

However, her fear of the responsibilities and expectations that came with her Success weighed heavily on her. She wanted to maintain her authenticity and the impact of her platform. 

Through self-reflection and seeking guidance, Winfrey overcame her fear and continued to excel, expanding her media empire and impacting the world.

Ultimately, the fear of Failure and Success can coexist within us, creating a delicate balancing act. The key lies in acknowledging these fears and using them as motivators rather than obstacles. Remembering Failure is not a permanent state, but a stepping stone toward Success is crucial.

CONTRIBUTE SOMETHING

Likewise, Success should be embraced as a chance to inspire, innovate, and contribute positively to the world.

Failure and Success are inherent in the journey of every business leader. Business leaders can chart a path to fulfill successful and impactful Success by embracing these fears and learning from them.

Ultimately, it’s not about which fear you fear more but how you channel it to drive you toward your goals.

As John C. Maxwell has successfully stated, “Success is not final. Failure is not fatal.”