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Why Self Confidence is the First Step to a Successful Business

If you don’t first believe in yourself, no one else will believe in you, either. Having the understanding, the feeling that you can own and run and successful franchise – that’s your first step toward business ownership success. You, after all, can be your biggest cheerleader, but you’ll also be your own biggest critic. Stopping that issue – psyching yourself out before you can even get started – in the very frontend will keep it from being a problem ever again.

Self confidence gives you drive and it gives you purpose. By first having the understanding that, no matter what comes your way, you can do this, you’ll be able to overcome any obstacle, any issue that may come along with your location. After all, you are the beginning and end of this thing. Your business is your baby – it’s a reflection of you. And you need to remember that it’s thriving and growing because of you. Without all that you’ve done, it simply wouldn’t exist.

Focus on your pros, your skills, and your accomplishments. Even if you haven’t yet opened up shop, you can remember that you’ve done great things professionally and you will continue to grow in the future.

Without that confidence, without that know-how, your brand will become stuck before it even begins. Your franchise can’t expand if you are constantly second-guessing yourself or even wondering if you should move at all. The person who never makes a decision won’t be a business owner at all; they can never decide who to work with or when to open their store. In addition, they are wasting time and energy wondering if a certain decision is the right one. They wonder if a better idea will come along later. They wonder what everyone else will do or think in relation to their business.

All of that is wasted negative energy. It’s thoughts that won’t help move your forward in your professional life, and it will likely cause you to lose some sleep at night. Instead, focus on the good. What are you great at? Where do you know your business can grow? Hone in on what you do best. Then, when you have a question or aren’t sure what’s next, ask for help. Do your research, enlist the skills of others, and go to your franchising brand for a second opinion. It’s ok to ask for advice – help is different than not making a move at all.

In this scenario you can know you did your research in order to make an informed decision. Are you an expert in every area? No, but who says you have to be? Instead, you need to be confident in your ability to come up with new ideas and problem solve quickly and effectively. If you make a move that doesn’t work like you planned, it’s time to figure out what’s next. Learn from the mistake and use it for future reference.

Business ownership isn’t about being perfect. It’s not about getting everything done right the first time around. It’s not about having all the answers before you ever start your franchise. It’s about learning as you go and making decisions that will improve your brand for the future. It’s about accepting the reality and finding ways to make it better.

Business works in real-time, and the better you’re able to take your own missteps with humor and an opportunity to learn, the more confidence you’ll gain in your own abilities as a successful franchisee.

Overcome those fears and use them to fuel your ideas for growth.

By Bethaney Wallace | Dec 21, 2018 | General Franchise Information