How To Let The ‘Fear Of Failure’ Drive You!
I don’t know about you, but success has never been a thing that I have ever been scared of. The one thing I fear most is failure! I know I have amazing potential, yet I am afraid to share my dreams because of the voice in the back of my head that says ‘but what if you fail?’.
If you are anything like me, you are very protective of your goals.
Maybe it is because I am pursuing a different path than that of the majority of my friends and family, but I rarely ever talking about my blogging or online business.
Now it’s not that I am afraid of being called a nerd. I’m passed that – in fact I am embracing it! I recently got some Clark Kent style glasses which might make an appearance when I get around to doing a video – so it definitely isn’t that. What I have come to realise is that I am afraid of not achieving my goals and having all my 8-5 friends say, ‘ I knew you couldn’t do it – just get a job!‘
NO FEAR = NO DRIVE
But the problem with no one knowing your goals is that you start to put everything on cruise control – and that is where I found myself over the last month!
I was just going about business like usual – but I had hit a plateau! And for me…. plateau’s are EVIL.
So here are the steps that I have taken to smash forward towards my main goal:
Of having a location independent family, funded by my online assets.
I hope that it will encourage you to let your own fear of failure push you higher!
Step 1: Set Specific Goals!
I am a massive believer in SMART goal setting and I knew that to get to a new level and to break free from this plateau, I needed some specific goals with a time limit!
So I sat down with my wife and said:
Let’s set my job exit criteria! What levels do I need to be at to start doing this full-time?
Here is what we set: (and this is where my fear of failure kicks in!)
- To be making $,5000/month PROFIT
- Online Income must be TRENDING UP
- Have $10,000 in SAVINGS
Oh, and the time limit we set was JULY 2011!
Ok, so I am semi-comfortable with these goals – so time for step 2!
Step 2. Make Your Goals Uncomfortable!
The problem with comfortable goals is that most of the time they never get achieved! Because people start off thinking they have a heap of time to achieve them – so they don’t do anything. And then their time limit sneaks up on them and by then it is too late -and they fail.
That is why one of my all-time favourite quotes is:
“It is better to aim for the stars and hit the moon, than to aim for the trees, and hit the ground.”– Suzanne Oggenfuss
It is in our discomfort that we are spurred into action – and I don’t know if my wife knew that, but she has definitely made my goals a lot less comfortable. Let me explain.
We are only a newly married couple (14 months) and when we arrived back in Australia from 3 months in Canada (September last year), it just so happened that my parents were looking for a new place to rent at the same time we were -so to save money we found a big 5 bedroom house between us.
Just last month we signed another 6 month lease to end in March – with the goal of going our separate ways (my parents and us) at the end of the lease.
And my wife throws out an innocent suggestion…
Let’s go overseas for 6 months from March – instead of waiting until July.
Now I know she was just thinking logically, because that would mean we wouldn’t have to try and find a short term rental lease , and don’t get me wrong – I love the idea! But cutting my goal by three months has definitely kicked me into gear!
Now our goals are the same as before, but now by March 2011!
Talk about a wake up call! But just in case that still wasn’t enough to drive me… here is step 3.
Step 3. Make Your Goals Public!
Setting SMART goals is great, making them uncomfortable is even better, but as soon as you release your goals into the public domain – man your productivity increases!
If you are feeling flat with where you currently are, then there is nothing like the fear of failure to kick you up the bum!
Where To From Here?
Obviously now that I am starting to get a large amount of drive, I need to channel that drive.
So I looked at my current projects and as you can see from my weekend discussion post, I am looking at making some changes to StandOutBlogger.
And as well as that, I am channeling a lot of my focus at the moment into a new project WebsiteBuildr – which is quickly taking shape (get ready for a big post about that one!)
Over To You?
Are you starting to hit a plateau with your online business?
Why not follow my lead and set some SMART goals, refine them to make them uncomfortable and then make them public!
Let the ‘fear of failure’ drive you a new level!





11 Responses
8.11.2010
Hey Tom,
I love the very personal outpour in this post. I have had friends wind me up a bit about my blogging, but I can pass that off now. I’ve also had family say, “you can really make money online?”.
I have goals, maybe I should make them more public. The problem I have (maybe it’s in my head), is I have plenty of ideas, I just need to manage my time better to balance work, family and the online “empire”.
I’m a firm believer in that quote you make about aiming for the stars. If you can’t push yourself, you’re not going to go very far.
8.11.2010
Really great post Thomas,
You are absolutely right!
The Fear of Failure can be a great drive to ones success, success is not that valued nowadays but failure is so much feared that itts fear can even bring about positive results.
You are absolutely right about setting goals, I believe once your goal is public you will be propelled to work more towards achieving it.
Thanks a lot for the great post,
-Onibalusi
8.11.2010
Hi,
Great advice.
I especially like your advice of making your goals public, this definitely increases your productivity and progress.
I guess I better start making my goals public from now on!
Kindest,
Nabeel
8.11.2010
Great post! I am just starting my writing career and have been flip-flopping on making my goals too hard verses too easy. Going to check out the SMART goal you mentioned.
8.12.2010
There is something to be said about being accountable to the world! I admire your goals and dreams and passion for pursuing them.
Goal boards with visual pictures and notes work well also!
Much success to you and your wife :)
Vicki
8.12.2010
that was a good post….I have been reading you seven day course, I think your heart is in the right place, but the information is weak at best, if you want to gather a following I would suggest that you take a look at becomeablogger.com these guys put out a tremendous amount of very valuable free information, and they have a helliva following to boot. This comment is not meant as a put down but if you want to be successful as your goals say well put more into it….D
8.12.2010
Fantastic post, I really wish you all the best in achieving your goals, im sure you can do it, I am also setting myself a goal for around 5k per month by the end of this year, which I don’t think is unachievable. I really like your websitebuildr course! Good Luck!
8.12.2010
Couldn’t agree me.
You got to step out of your comfort zone in order to succeed. It is a vital organ.
The importance of setting goals is reviewing them.
8.13.2010
Hi Tom
Great to go public with your goals and great that they’re SMART. One thing to consider may be to leverage your time and go in to partnership with someone so you can double, perhaps triple your throughput. You never know.
There are pitfalls to watch for.