Fear Is a Key Driver of Success

Posted: Feb 10, 2011 |Comments: 0 |

Ayrton Senna, the great Brazilian Gran Prix driver, once famously was quoted: "To survive Gran Prix racing, you need to be afraid. Fear is an important feeling. It helps you to race longer and live longer". 

Fear is an element that each of us face in different ways, and at many intervals during the course of our lives. We may suffer fear of physical confrontations, emotional clashes, personal and professional setbacks, declining physical or mental capacities. When undertaking an inventory of our life's experiences we inevitably underline for emphasis the role fear has played on so many occasions during our journey. 

In the entrepreneurial work my Marketing Consulting firm conducts we see examples of fear manifested in a number of ways. Many prospective entrepreneurs are afraid of success. Others are afraid to fully commit or even to enter the race. A few, and ultimately the most successful, are fearful of failure. They succeed in large part because the stigma of not being successful is something that compels them to gargantuan effort, overcoming all obstacles and full-bore focus on achieving their goals. 

Recently my firm reviewed a golf training product that had been submitted by a young man. He had limited resources, but a wonderful device that had been tested and endorsed by numerous competitive golfers. Golfers are typically passionate. If they perceive that a tool, or aid, can improve their score, they will make that product successful in the marketplace. 

The young entrepreneur had designed the training aid with the assistance of his father. They had spent a good deal of time and money in their effort to self-market the product. Nothing had yet worked for them. The product was languishing. While they had passion for their products features and benefits (and they were many), they lacked focus, vision, a strategy and were fearful of fully committing themselves and their full energies to overcoming the normal obstacles that all entrepreneurs confront. 

Fear can be constructive or destructive. In the case of the golf training aid product negative fear is instrumental in imploding a great opportunity. After meeting the young entrepreneur and carefully reviewing the project, I left the meeting convinced that this would end in disappointing fashion. The fear of commitment, and ultimately the opportunity for success, was paralyzing this young man's will to overcome. 

Conversely, we meet entrepreneurs of all stripes that possess positive fear: fear of failure. There is no challenge that they will not meet and conquer. They find a way to succeed. They confront and tame their fear. 

Tragically, the sensational racing World Champion Ayrton Senna was killed while racing in 1994. His exceptional talent and seeming fearlessness as displayed on the race track was nevertheless leavened by his understanding, appreciation and respect for the emotion of fear. He lived life to the fullest and reached the ultimate pinnacle of the international sporting world. He died too young. But, he lived so well.

Questions and Answers

Ask
200 Characters left
Rate this Article
  • 1
  • 2
  • 3
  • 4
  • 5
  • 0 vote(s)
    Feedback
    Print
    Re-Publish
    Source:  http://www.articlesbase.com/business-ideas-articles/fear-is-a-key-driver-of-success-4206976.html

    Article Tags:

    marketing consultant

    ,

    marketing consulting

    ,

    marketing consulting company

    ,

    marketing consulting firm

    ,

    marketing new products

    ,

    marketing products

    ,

    marketing new launches

    ,

    marketing strategies

    ,

    product development

    ,

    product development firm

    ,

    product development company

    Amadeus Consulting discusses the app market and the future of mobile application development. Learn how it is possible to make money by developing your own custom mobile application.

    By: Amadeus Consultingl Technology> Gadgets and Gizmosl May 12, 2011
    Geoff Ficke

    One of the saddest aspects of my work as a new product development and marketing consultant is the whole area of invention submission firms. We see dozens of entrepreneurs every year: mentally torn, financially rocked, hopes depleted after their experience with the invention mills. In a number of cases real opportunity has been slaughtered. In many other cases the product or service offered would never be a realistically viable commercial opportunity and any capable consultant would honestly advise such.

    By: Geoff Fickel Business> Ask an Expertl Sep 10, 2008
    Geoff Ficke

    War and marketing have many similarities. Warfare is all about the successful control of ground. Marketing is all about the successful control of in-store (or media) ground: shelf space, location, display.

    By: Geoff Fickel Marketing> Marketing Tipsl Jun 21, 2010
    Geoff Ficke

    Prospective clients often present my marketing and product development consulting firm completed Business Plans as they attempt to elicit interest in their projects. Invariably the assumptions that their sales, income and profit projections describe are unrealistic.

    By: Geoff Fickel Business> Ask an Expertl Jun 21, 2010 lViews: 262
    mehrdad salehi

    Michael Saul Dell was born on 23,February 1965,he is an American business man and the founder of Dell who is one of the richest people in the world, with is ranked (44 net worth of US$14.6 billion in 2011) Dell is an American Company is one of the largest technological corporations in the world (multinational information technology corporation).

    By: mehrdad salehil Business> Industriall Jul 23, 2011 lViews: 479
    Geoff Ficke

    My Product Development and Branding Consulting firm works with new clients to develop customized strategies for consumer product launches. More and more we are utilizing campaigns that employ key elements of Exclusivity. This strategy works, even for seemingly mundane products. Here is a famous example that has been applied to an item found in every household pantry: mustard.

    By: Geoff Fickel Marketing> International Marketingl Jun 16, 2011

    financial crisis has conned everyone's live. Mass layoffs were happening in everywhere which is very sad. Throughout the crisis era not really a couple of companies go under. This will make the company managers searching for the best and accurate online marketing strategy to enhance the productivity and efficiency of the organization. The best online marketing strategy is really a way to succeed.

    By: chloe25l Business> Business Ideasl May 31, 2012

    Business needs customers to make profit and survive. It's as simple as that. Without doing any marketing no-one knows you exist and you're not going to get too far. So, if you're in serious business, you have to get your message out.

    By: Sami Brownl Business> Business Ideasl May 30, 2012

    Is your company on the lookout for a plush new office in London? If so there is plenty of different choice as regard areas and plenty of choice when it comes to office space, Lloyd's area of London being a prime example of what is on offer.

    By: Toml Business> Business Ideasl May 28, 2012

    The Digital governors are designed not just to take control of the speed of the machine but it also allowed the machine to be smarter, allowing automation and improved functionality for the engine. By implementing these governors, the system became more stabilized and reliable, and there is no more need to add diesel generators that consume precious fuel and is expensive to maintain

    By: lselectricl Business> Business Ideasl May 28, 2012

    If you're heading to Australia for business, you'll discover a world-class destination that's at the cutting edge of many industries. Australia is also ideally located for business opportunities in Asia, and it has a sturdy economy, exceptional facilities, good communication services and strong institutions.Here's just a brief introduction to the essentials for business travellers.

    By: Gerlie Reyesl Business> Business Ideasl May 28, 2012
    Geoff Ficke

    A Managing Consultant should be able to take a project from idea or concept stage, to market launch. The capacity to manage product development, prototype and product design work, source manufacturing, and organize logistics, create customized Marketing Strategies, handle Public Relations, produce creative elements, packaging design, develop funding possibilities, and Sales Models are only a few of the work product elements that successful Managing Consultants should be able to provide.

    By: Geoff Fickel Business> Ask an Expertl May 05, 2012
    Geoff Ficke

    Short run, hobby business-like volumes represent a distortion of the Sales Model. Unless the entrepreneur wishes to operate a low volume artisanal business it is vitally important to find the best sources of supply and manufacturing and to develop the accurate cost of mass production in hand with the chosen supplier.

    By: Geoff Fickel Business> Business Opportunitiesl Apr 29, 2012
    Geoff Ficke

    Brand Extension is a technique that we have practiced on our products and for client Consumer Product brands for many years. It is a wonderful way to grow a mature business. But remember, the Brand Extension must make sense to your most important asset, your customers and clients. Do no harm!

    By: Geoff Fickel Business> Entrepreneurshipl Apr 29, 2012
    Geoff Ficke

    The process of starting a business or launching a Consumer Product is arduous. There is a reason for this. If it was easy everyone would be doing it and they are most certainly not. The difficulties inherent in getting a product off the ground act to cull the marketplace and serves as a type of Merchandising Darwinism. Merchants, distributors, investors, venture capital, strategic alliances and partners all seek out projects that survive the development process.

    By: Geoff Fickel Business> Entrepreneurshipl Apr 29, 2012
    Geoff Ficke

    I am often asked by media interviewers, prospective entrepreneurs and college students I mentor to identify the most important qualities that are present in successful small business start-up owners and innovators. Obviously there are many personality traits that contribute to success in every sort of endeavor. Honesty, hard work, creativity and a positive mental attitude are only a few. However, I think that there are five traits that are essential keys to achieving entrepreneurial success.

    By: Geoff Fickel Business> Entrepreneurshipl Apr 29, 2012

    Discuss this Article

    Author Box
    Articles Categories
    All Categories
    Quantcast