The Best Business Podcast: Rejection, Failure, and Facing Your Fears

Bryan Sweet, CLU, ChFC, MSFS Founder, CEO, Wealth Advisor – Sweet Financial Partners

There are three main focuses in this episode:

You (the business owner)
The people you hire
The company culture

In this episode with Bryan Sweet, we are going to talk about how these three important factors will build your business to success.

Experience Is The Best Teacher

Behind every successful entrepreneur are stories of hardships, sacrifice, and failures. Entrepreneurs who are successful are built on failure, survived failure, and used failure to succeed and achieve their goals. Taking risks, failing, and making mistakes are necessary parts in achieving success. These experiences serve as lessons of what works and what doesn't.

Failure is not an option but a necessary step toward success. It’s a part of life. Everyone is working hard, failing, and succeeding at the same time. You must go through these experiences, the ups and downs of the race because you are a part of it. Building a healthy relationship with failure can turn the negative feelings that come with it and instead see it as fuel for the next attempt.

Pushing Through The Limits

One indicator that an entrepreneur is trying to be successful is that he/she will do more than what is needed. This means going the extra mile in what you do. This is a wonderful strategy! David mentioned that “Once you think you are done, your body is halfway done.” You will never know your potential if you don’t push yourself to your limits. Most of the time, that extra push makes the difference.

Your full potential isn’t a destination; it’s a path. It’s a journey of liberation — from your own limitations and the limitations that others put upon you. This is the secret of becoming better at what you do, especially to the ones you love doing. Once you’ve harnessed your passion to reach your full potential, you transform into the best version of yourself.

Overcoming The Fear of Rejection

Bryan Sweet talked about a wonderful way to overcome your fear of rejection. For him, it’s perseverance. It may sound scary to keep doing what you fear, but the best way to overcome things is to face them. The fear of rejection is a powerful fear that often has a far-reaching impact on our lives. Most people experience some nerves when placing themselves in situations that could lead to rejection, but for some people, the fear becomes overwhelming.

Another secret he mentioned was this: because people give up too early, they see it as a failure and it makes them fearful of rejection. But when you are consistent with things, only time will tell, and you will become better at your work and handling rejection. The key here is to expose yourself enough to the things that you fear, then make necessary adjustments.

Creating The Right Culture, Hiring The Right People

The common challenges for businesses are creating the right culture and putting the right people in the right seat. Entrepreneurs know the importance of the culture in the workplace, and they strive to make them better, but most businesses are having a hard time making the culture, and another is the right work for the right people. Businesses scale easily when they have the right culture because it affects your people, and your people affect your clients.

The key is to establish a good culture in your business and hire people that will fit that culture you created. It is impossible for a business to fail if the people working with you have the same passion and vision as you do for your business.

Conclusion

There are many opportunities for growth as an entrepreneur, and there are many things to consider when you start your own business. But here is a guide to help you focus on yourself, your people, and on the business itself.