How I Allowed Fear To Ruin My First Business
If you're new around these parts, then you probably don't know that before I started this blog I owned an online shop called, Eclectic Star. This shop was my first attempt at entrepreneurship so I went into it not knowing a single thing about starting, running or growing a business. I made a TON of business mistakes from not building a proper brand to basically offering any and everything I thought was "cute" to my shop but the biggest mistake I made was allowing fear to get in the way of that business flourishing.
Starting a business is extremely hard and can be very intimidating. While that failure led me to this blog, coaching creative women & Early August, there are a few things that I wish I wouldn't have let fear get in the way of.
I WAS AFRAID TO GO FROM HOBBY TO BUSINESS
Making money from your hobby is completely different from getting serious and starting a business. Apart of me was afraid that I really wouldn't be able to handle the responsibility of being a business owner so I kept playing it safe. I charged way less than I should have for my products and had a sale every single weekend! I allowed fear stop me from networking, marketing and building a community with my ideal customer (which I had no clue who they were)
i was afraid to say no
As soon as word got out about me selling my jewelry, everybody and their mama wanted a discount. Because I was just so eager to make a sale and was too afraid of losing money that I cut prices on products that were already dirt cheap. Learning to say no is awkward, but that one single word can be so powerful and save you a lot of time and stress!
I WAS AFRAID TO ASK FOR HELP
I had gotten so deep into the horrible business decisions that I made that I was ashamed to ask for help out of fear of what people would have thought about me. If I could go back, I would definitely put that fear behind me and hired a business coach to dig me out of the hole I was in. I don't care how far you've gotten in your business or how much of a pro you are, you should always be open to learning and never be afraid to admit that you need help in areas that you may not be strong in.
I WAS AFRAID TO OWN IT
I am pretty talented at making jewelry and I absolutely loved being able to bring a simple idea to life. But I didn't own it. I was afraid that if I really showed the value in my products and showed how talented I was that people would think that I was just bragging or worse, they wouldn't think I was as good as I said I was. I spoke about owning it last week but if you think what you have to offer is the sh*t, then don't be afraid to let the world know!
Ultimately, I had to let that business go but I count it as a chapter of my life that was supposed to be closed. Although fear still creeps in, I've been able to start off fresh with Early August & discovered a new passion for helping creative women. By sharing a portion of my story (ya'll all know I have no problem letting you up in my business) I hope that I can prevent you from making some of the same mistakes that I've made. Fear is just an emotion, it cant physically harm you but it can convince you into not reaching your full potential!
HOW HAVE YOU LET GO OF FEAR IN YOUR BLOG OR BUSINESS?
P.S. My Journey: How and Why I Quit My Full-Time Job (VLOG)