Overcoming Fear: The True Essence of Entrepreneurship

Why is there a reluctance to say, "I am an entrepreneur?" I've been asked this many times, and I've even asked it of myself. It seems we're often more comfortable calling ourselves "Founder" or "CEO," or simply saying, "I'm a business owner." Why is that? Are these titles perceived as more respectable than "entrepreneur"? Yet, we frequently hear that we're living in an entrepreneurial economy. So, is this reluctance to fully embrace the term "entrepreneur" a bad thing or a good thing?

Many people prefer titles like "Founder" or "CEO" because they carry a sense of established authority and respectability. These titles suggest stability, success, and a certain level of achievement within an organization. "Business owner" also implies a steady state of ownership and control, which can be more comforting and socially acceptable than the more dynamic and uncertain role of an entrepreneur. The term "entrepreneur" can evoke images of risk-taking, instability, and even failure, suggesting a journey rather than a destination, a process rather than an achievement.

In today's landscape, the nature of careers is changing. The era of lifelong careers at single companies, culminating in a gold watch retirement, is largely a thing of the past. In its place is a landscape where individuals must continuously create and prove themselves. Being entrepreneurial in one's approach to work becomes a necessity rather than a choice. Despite this, there remains a stigma associated with being an entrepreneur. Some view it as being a dreamer, always searching for something better, bigger, and faster, as opposed to engaging in what some consider the security of mundane, repetitive work with a steady paycheck. This mindset is ironically reminiscent of the immigrant experience, where being thankful for a job coexists with a drive that epitomizes entrepreneurship.

I believe the reluctance stems from fear—fear of failure, fear of others' opinions, fear of the unknown, fear of the "what if," fear of starting over, fear of change. These fears are powerful and can hold individuals back from fully embracing the entrepreneurial identity. However, when these fears are confronted head-on, the adrenaline rush of success far outweighs them. Deep down, you know you have a talent that can and will make a difference. This does not mean failure isn't possible. Working through failures, learning from those blips and aberrations, provides the experience and resilience needed to innovate and succeed in the next venture.

That is entrepreneurship. When I don't view what I do as entrepreneurship, failure often follows. Conversely, when I embrace the entrepreneurial mindset—thinking outside the box, seeing failure as not an option, and focusing on results rather than others' opinions—that's when success tends to occur.

Yes, I am an entrepreneur, and I will continue to embrace this identity. It's not only beneficial for me but also for my family and those who rely on me to help them achieve their hopes and dreams. Why? Because I believe in possibilities.

Thank you for listening...

Make today a great day. Make it happen. Make it count!

If you’re a current or aspiring entrepreneur or investor that needs assistance, guidance, or just someone to talk to, please drop a note to me at [email protected] .