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4 Websites to Help Quit Your Job and Start a Business

4 Websites to Help Quit Your Job and Start a Business

Are you feeling trapped by a hum-drum job that leaves you unsatisfied and short of cash at the end of each month? Do you love solving problems, being creative, and being a hard-working, dedicated self starter who’s not afraid to get their hands dirty?

If that sounds like you, then it’s likely that starting a new business might be just the thing to inspire you to greater heights and ultimately put you in control of your own destiny. But starting a new business is not all that easy, and often comes with substantial financial risks that can leave you penniless, or even in debt.

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    Luckily, there is plenty of great advice out there to help guide you through those all important first steps. By empowering yourself with the insights, creativity and knowledge provided by our top 5 list of sites for entrepreneurs, you’ll be able to:

    1. Reduce the amount of time it takes to find and validate a fantastic idea
    2. Research and build a top class business plan
    3. Build a cutting edge, responsive website
    4. Promote and market your business like a pro
    5. Know which software, tools & services are available to increase productivity and cut costs
    6. Understand tax, financial, legal and industry rules and regulations
    7. Work efficiently with your money

    Sound good?

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    Each of the sites listed here has a focus on at least one, sometimes more, of the above listed points. It’s important to remember that almost no single website will give you all the answers you need in one place. I suggest spending some time browsing through all of them to build up your own broad and deep understanding of the challenges that lie ahead.

    Bplans

    Bplans offers free business plan samples and templates, business planning resources, How-to articles, financial calculators, and industry reports.

      Bplans offers an incredible range of business plan templates, advice about how to research and create plans, and insights into finding funding, selling, and pitching during the startup phase.

      Have it bookmarked from the time you have an idea, until the time the business is established and out of the startup phase.

      Along with their vast selection of free downloadable plans and templates for virtually any type of business imaginable, they also have a decent blog and lots of in-depth, useful guides on a range of startup related topics. In particular, you’ll find the following guides of great use:

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      ThePennyHoarder

      The world's largest personal finance blog with 5+ million monthly readers.

        ThePennyHoarder, unlike the other sites in this list, is not really focused on business per se, rather on personal finance. But, what they do bring to the table is a huge variety of creative money hacks and advice for small business owners and entrepreneurs.

        Ideas to stretch or save a dollar that you wouldn’t think of in a million years are part of their daily routine, which is super useful if you’re having to bootstrap a startup without funding or loans to keep things afloat.

        In addition to plenty of information focused on working from home, they also have lots of budgeting tips and even coupons available to help save money when it counts the most.

        Here’s where I recommend you start:

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        SBA

        An electronic gateway of procurement information for and about small businesses.

          The SBA (Small Business Administration) is a U.S. government run resource aimed at helping small business owners and entrepreneurs navigate the complex world of tax, finance, grants, loans, contracts, commerce, government rules, and business legislation. Basically anything you might need to know about your business and industry’s regulatory environment.

          Use this site as a companion from start to finish. It’s not only useful for learning about complex rules and regulations, it can also help you find tax breaks and incentives, make connections with other entrepreneurs and business people, and make full use of the local, state and federal resources available to you.

          For my money, the most useful aspects of this site are the following:

          Entrepreneur

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          Advice, insight, profiles and guides for established and aspiring entrepreneurs worldwide.

            Entrepreneur is arguably the world’s leading online resource for entrepreneurs because, in addition to all the standard guides and advice you would expect from a leading business resources, they also offer something more… real-world insight. Their reach and reputation is such that they can get the inside scoop on news, developments, leaders, influencers, and trends that allow them to get valuable business related insight into your hands earlier than other sites.

            If staying on trend is vital to the survival of your business, then Entrepreneur is the site to bookmark right away.

            Entrepreneur’s site is also so massive that it likely covers every bit of information you could possibly need. The downside is that because much of their content is contributed by third parties, it isn’t always easily discovered or presented in a uniform manner. With that said, there are a few stand out pages that you definitely need to check out:

            So those are my top 5 sites that will help you realize your dreams of leaving the rat race and taking control of your own destiny by building the business of your dreams. Of course, these sites aren’t the only game in town. What resources do you find useful? Share your suggestions in the comments.

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              photo credit: Pinterest

              Featured photo credit: Christian Dembowski via flickr.com

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              Last Updated on November 5, 2020

              Why You Have the Fear of Failure (And How to Overcome It)

              Why You Have the Fear of Failure (And How to Overcome It)

              Nobody enjoys failing. Fear of failure can be so strong that avoiding failure eclipses the motivation to succeed. Insecurity about doing things incorrectly causes many people to unconsciously sabotage their chances for success.

              Fear is part of human nature. As an entrepreneur, I faced this same fear. My ego and identity became intertwined with my work, and when things didn’t go as planned, I completely shut down. I overcame this unhealthy relationship with fear, and I believe that you can, too.

              Together we’ll examine how you can use failure to your advantage instead of letting it run your life. We’ll also look at how to overcome fear of failure so that you can enjoy success in your work and life.

              What Is Fear of Failure?

              If you are afraid of failure, it will cause you to avoid potentially harmful situations.

              Fear of failure keeps you from trying, creates self-doubt, stalls progress, and may lead you to go against your morals.

              What causes a fear of failure? Here are the main reasons why fear of failing exists:

              Patterns From Childhood

              Hyper-critical adults cause children to internalize damaging mindsets.[1] They establish ultimatums and fear-based rules. This causes children to feel the constant need to ask for permission and reassurance. They carry this need for validation into adulthood.

              Perfectionism

              Perfectionism is often at the root of a fear of failure.[2] For perfectionists, failure is so terrible and humiliating that they don’t try. Stepping outside your comfort zone becomes terrifying.

              Over-Personalization

              The ego may lead us to over-identify with failures. It’s hard to look beyond failure at things like the quality of the effort, extenuating circumstances, or growth opportunities.[3]

              False Self-Confidence

              People with true confidence know they won’t always succeed. A person with fragile self-confidence avoids risks. They’d rather play it safe than try something new.[4]

              How the Fear of Failure Holds You Back

              Unhealthy Organization Culture

              Too many organizations today have cultures of perfection: a set of organizational beliefs that any failure is unacceptable. Only pure, untainted success will do.

              Imagine the stress and terror in an organization like that. The constant covering up of the smallest blemishes. The wild finger-pointing as everyone tries to shift the blame for the inevitable messes onto someone else. The lying, cheating, falsification of data, and hiding of problems—until they become crises that defy being hidden any longer.

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              Miss out on Valuable Opportunities

              If some people fail to reach a complete answer because of the lure of some early success, many more fail because of their ego-driven commitment to what worked in the past. You often see this with senior people, especially those who made their names by introducing some critical change years ago.

              They shy away from further innovation, afraid that this time they might fail, diminishing the luster they try to keep around their names from past triumph.

              Besides, they reason, the success of something new might even prove that those achievements they made in the past weren’t so great after all. Why take the risk when you can hang on to your reputation by doing nothing?

              Such people are so deeply invested in their egos and the glories of their past that they prefer to set aside opportunities for future glory rather than risk even the possibility of failure.

              High Achievers Become Losers

              Every talent contains an opposite that sometimes turns it into a problem. Successful people like to win and achieve high standards. This can make them so terrified of failure that it ruins their lives. When a positive trait, like achievement, becomes too strong in someone’s life, it’s on the way to becoming a major obstacle.

              Achievement is a powerful value for many successful people. They’ve built their lives on it. They achieve at everything they do: school, college, sports, the arts, hobbies, work. Each fresh achievement adds to the power of the value in their lives.

              Gradually, failure becomes unthinkable. Maybe they’ve never failed yet in anything that they’ve done, so they have no experience of rising above it. Failure becomes the supreme nightmare: a frightful horror they must avoid at any cost.

              The simplest way to do this is never to take a risk, stick rigidly to what you know you can do, protect yourself, work the longest hours, double and triple check everything, and be the most conscientious and conservative person in the universe.

              If constant hard work, diligence, brutal working schedules and harrying subordinates won’t ward off the possibility of failing, use every other possible means to to keep it away. Falsify numbers, hide anything negative, conceal errors, avoid customer feedback, constantly shift the blame for errors onto anyone too weak to fight back.

              Loss of Creativity

              Over-achievers destroy their own peace of mind and the lives of those who work for them. People too attached to “goodness” and morality become self-righteous bigots. Those whose values for building close relationships become unbalanced slide into smothering their friends and family with constant expressions of affection and demands for love in return.

              Everyone likes to succeed. The problem comes when fear of failure is dominant, when you can no longer accept the inevitability of making mistakes, nor recognize the importance of trial and error in finding the most creative solution.

              The more creative you are, the more errors you are going to make. Deciding to avoid the errors will destroy your creativity, too.

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              Balance counts more than you think. Some tartness must season the sweetest dish. A little selfishness is valuable even in the most caring person. And a little failure is essential to preserve everyone’s perspective on success.

              We hear a lot about being positive. Maybe we also need to recognize that the negative parts of our lives and experience have just as important a role to play in finding success, in work, and in life.

              How to Overcome Fear of Failure (Step-by-Step)

              1. Figure out Where the Fear Comes From

              Ask yourself what the root cause of your negative belief could be.[5] When you look at the four main causes for a fear of failure, which ones resonate with you?

              Write down where you think the fear comes from, and try to understand it as an outsider.

              If it helps, imagine you’re trying to help one of your best friends. Perhaps your fear stems from something that happened in your childhood, or a deep-seated insecurity.

              Naming the source of the fear takes away some of its power.

              2. Reframe Beliefs About Your Goal

              Having an all or nothing mentality leaves you with nothing sometimes. Have a clear vision for what you’d like to accomplish but include learning something new in your goal.

              If you always aim for improvement and learning, you are much less likely to fail.[6]

              At Pixar, people are actually encouraged to “fail early and fail fast.”[7] They encourage experimentation and innovation so that they can stay on the cutting edge. That mindset involves failure, but as long as they achieve their vision of telling great stories, all the stumbling blocks are just opportunities to grow.

              3. Learn to Think Positive

              In many cases, you believe what you tell yourself. Your internal dialogue affects how you react and behave.

              Our society is obsessed with success, but it’s important to recognize that even the most successful people encounter failure.

              Walt Disney was once fired from a newspaper because they thought he lacked creativity. He went on to found an animation studio that failed. He never gave up, and now Disney is a household name.

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              Steve Jobs was also once fired from Apple before returning as the face of the company for many years. [8]

              If Disney and Jobs had believed the negative feedback, they wouldn’t have made it.

              It’s up to you to notice your negative self talk and identify triggers[9]. Replace negative thoughts with positive facts about yourself and the situation. You’ll be able to create a new mental scripts that you can reach for when you feel negativity creeping in. The voice inside your head has a great effect on what you do.

              How To Be A Positive Thinker: Positivity Exercises, Affirmations, & Quotes

                4. Visualize all Potential Outcomes

                Uncertainty about what will happen next is terrifying. Take time to visualize the possible outcomes of your decision. Think about the best and worst-case scenarios. You’ll feel better if you’ve already had a chance to mentally prepare for what could happen.

                Fear of the unknown might keep you from taking a new job. Weigh the pros and cons, and imagine potential successes and failures in making such a life-altering decision. Knowing how things could turn out might help you get unstuck.

                5. Look at the Worst-Case Scenario

                There are times when the worst case could be absolutely devastating. In many cases, if something bad happens, it won’t be the end of the world.

                It’s important to define how bad the worst case scenario is in the grand scheme of your life. Sometimes, we give situations more power than they deserve. In most cases, a failure is not permanent.

                For example, when you start a new business, it’s bound to be a learning experience. You’ll make decisions that don’t pan out, but often that discomfort is temporary. You can change your strategy and rebound. Even in the worst case scenario, if the perceived failure led to the end of that business, it might be the launching point for something new.

                6. Have a Backup Plan

                It never hurts to have a backup plan. The last thing you want to do is scramble for a solution when the worst has happened. The old adage is solid wisdom:

                “Hope for the best, prepare for the worst.”

                Having a backup plan gives you more confidence to move forward and take calculated risks.

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                Perhaps you’ve applied for a grant to fund an initiative at work. In the worst-case scenario, if you don’t get the grant, are there other ways you could get the funds?

                There are usually multiple ways to tackle a problem, so having a backup is a great way to reduce anxiety about possible failure.

                7. Learn From Whatever Happens

                Things may not go the way you planned, but that doesn’t automatically mean you’ve failed. Learn from whatever arises.[10] Even a less than ideal situation can be a great opportunity to make changes and grow.

                “Sometimes you win, sometimes you learn.”

                Dig deep enough, and you’re bound to find the silver lining. When you’ve learned that “failure” is an opportunity for growth instead of a death sentence, you conquer the fear of failure.

                For more tips on how to overcome fear of failure, check out the video below:

                Final Thoughts

                To overcome fear of failure, we can start by figuring out where it comes from and reframing the way we feel about failure. When failure is a chance for growth, and you’ve looked at all possible outcomes, it’s easier to overcome fear.

                Stay positive, have a backup plan, and learn from whatever happens. Your failures will be sources of education and inspiration rather than humiliation.

                “I have not failed. I’ve just found 10,000 ways that won’t work.” -Thomas A. Edison

                Failures can be blessings in disguise. Go boldly in the direction of your dreams and long-term goals.

                More Tips for Conquering Fear

                Featured photo credit: Patrick Hendry via unsplash.com

                Reference

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