Don’t Let Fear of Competition Keep You from Getting More Business
The world is full of opportunities for women entrepreneurs to grow a prosperous business. It takes a lot of hard work and perseverance. More often than not, however, success depends on how you react to opportunities that present themselves.
The truth is that success for entrepreneurs depends on whether you see and are open to new opportunities.
A key to making the most of new opportunities is not to restrict your relationships to people inside your industry or field. It’s important to develop relationships outside your field or industry for two reasons:
- It helps you avoid feeling isolated. You could easily be sitting at your computer in your sweat pants all day and not see anyone. So much of business is conducted on the computer, cell phones, text messaging and through social networking. To be healthy as human beings, we need face-to-face contact. We need to be truly immersed in relationships with other people.
- It fuels your creativity. When you connect with a real live person something magical happens. You can learn from each other. That is the fun of it. Women naturally like to support each other. Just getting out of our own shell and being out there is so valuable.
How can you identify an ideal supporter for your business?
Look for someone who’s had similar experiences. Someone who’s faced similar challenges. Someone with whom you can share what you’re going through. Often, that person might have figured out a solution that will work with you and you can share what you’ve found to work so you can support each other.
What often keeps many entrepreneurs from fully opening up to others is fear. The fear is manifest in thinking: “I don’t want to share all I’m doing with her. She’s in a different business. It’s competitive. She’ll take my customers.” It’s not good to have that philosophy because you’re missing out on a more abundant mindset.
You’re going to find that your business isn’t right for everyone. Rather than just turning someone away, it’s so much better if you can refer them to someone that can help them.
It creates a good impression that you did something to help them. They, in turn, will refer others back to you. That’s the beauty of it. It’s kind of a pay-it-forward thing. It comes back in a good way. It makes business a lot more fun which is actually very important in the long run.
One of the 7 Deadly Sins that Women in Business Make is not having your antennae up at all times. The result is you aren’t making the most of opportunities that come you way. If you’d like to find out what the other 6 sins you might be making are and how to avoid all 7 of these costly mistakes, check it out here.