When I first moved to New York City I came with $200 in my pocket and a dream of making Wall Street a more responsible and inclusive place for everyone. Yet, just because I was ready to create change doesn’t mean that I wasn’t afraid, because I absolutely was. Yet, as afraid as I was upon my arrival, my motivation to make a difference was far greater. In the end, embracing my fear is what drove me to succeed – with a little bit of hard work.
Being an entrepreneur and starting a small business is about not only facing the unknown, but embracing all of the challenges and gut-wrenching feelings that go along with launching your firm, product or idea. To help you reach your goals, here are three things to remember:
Embrace the unknown
When I started LexION Capital – one of the only women owned, women run fiduciary wealth management firms in the country – not many people were on-board with the idea of a woman starting her own fiduciary, but that didn’t stop me. Rather than being afraid, I embraced my idea and eventually succeeded as an entrepreneur in creating my own successful business.
Learn from your failures
Just because I was fearless, doesn’t mean I didn’t make some mistakes along the way. The important thing is to learn from them.
Learn when to modify your plan
Things don’t always go exactly as planned – and that’s okay. Knowing when to adjust your business model unexpectedly will lead you to success.