Small business victory over doubt

One of the tolls the Great Recession has taken on small business owners has been the tendency to allow ourselves to be overcome with doubt about our abilities as managers and leaders. But perhaps even more painful is doubt about who we are and what we stand for as entrepreneurs.

- When nothing seems to be working, “How could I let this happen?”

- When sales aren’t coming in fast enough, “Why can’t I fix this?”

- When there isn’t enough cash to fund the operation, “This is my fault.”

- Waking up at 2am, “Who am I fooling? What made me think I could actually be a real business owner?”

For small business owners there is a paradox inside of the emotion of doubt: If we never had doubts about our entrepreneurial intentions, excellence would not be possible. Doubt is part of the crucible effect that helps us create a stronger entrepreneurial alloy as we forge self-analysis with vision, planning and execution. Paradoxically, doubt, like fear, can be an immobilizer if we allow it to become personal. Consequently, small business owners must leverage doubt as a motivator.

Recently, on my small business radio program, The Small Business Advocate Show, I talked with Brain Trust member, John Dini. John is a world-class business coach and mentor to hundreds of small business CEOs in his work with The Alternative Board organization. In our discussion, John talked about how doubt has gained some traction among business owners as a result of the tough economy. Take a few minutes to listen to this interview. Listen Live! Download, Too!

Also, a while back I wrote a poem titled “Victory over Doubt.” You might benefit from reading it today.

And, as always, be sure to leave your own thoughts.

One Response to “Small business victory over doubt”

  1. 1
    Macdougal Says:

    thanks for this very informative post. starting a business is a risk but it’s always worth the try…

    because a life spent making mistakes is not only more honorable but more useful than a life spent in doing nothing. =)

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