I have an ingenious way of working out whether you might have a fear issue around money. Picture yourself standing in front of an ATM machine.

1. Fear – the great paralyser in business
August 14, 2009
I have an ingenious way of working out
whether you might have a fear issue around
money.
Picture yourself standing in front of an ATM
machine.
You have deposited money into your
account and are certain that you have funds
to withdraw.
However the bank has made an error and your account has been frozen. You go to
make a withdrawal of $100 cash and the machine comes back and says “Insufficient
funds.”
What goes through your head?
What emotions are running in your body?
When I went through this role play FEAR was the overriding emotion!
When FEAR is strong it can have a paralysing effect as well.
I would probably have stood there not believing it was true and unable to do
something about it immediately.
Although this is an exaggerated exercise everyone at times has fear enter their world
through uncertain circumstances.
Maybe it’s about putting up prices?
Maybe it’s about losing a contract?
Maybe it’s about losing a valued employee?
At the bottom of these situations is often a negative financial situation and as a result
the lack of money can bring fear into your world.
The antidote to this is realising that the world isn’t coming to an end as a result; even
if it feels like it.

2. Having an overall sense of your business health and how the financial part works will
bring a higher degree of certainty to your situation and with that you can be more
future confident.
These situations then become mere bumps on the road to success.
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