FSB Small Business
November 17, 2008, 6:04 pm

What entrepreneurs are feeling: Fear

In tough times, entrepreneurs have every reason to feel anxious. How are you handling the downturn?

Categories:   running a business
Your Answers
From Mark, Little Rock AR

I’ve become a cheerleader to myself more than ever before. I am using this current experience to try to build more teamwork in our business. Mentally it’s tougher than anything I have done before or in the last 15 years of running 2 small businesses. You have to find that little voice that pushed into being in business for yourself years ago and push it front and center. Secondly, I’ve learned to not define myself by my work. I have focused on changing my point of view and attempting to let go of some of the fears I have about money and success. So in a nutshell- I’ve cut cost till it hurts, I’ve tied a knot at the end of the rope, I continue to tell myself and others that there are always opportunties, and I’ve change my prospect on what is being “successful”.

Posted By Mark, Little Rock AR : December 3, 2008 9:18 am
From Lou DeLauro, Princeton NJ

While it’s true that small businesses face uncertain times over the next few years, those that survive will be stronger and better than ever. One way to cope with the anxiety and problems encountered during these tough times is to contact http://www.SCORE.org, an SBA government sponsored non-profit organization, offering FREE counseling and mentoring services to existing small businesses and people who want to start a business. Retired and employed SCORE entrepreneurs and business executives volunteer their time, experience, and expertise helping hundreds of thousands in the small business community at no cost whatsoever. So if your business is losing money,needs to improve cash flow, needs to be more efficient, or needs to be improved by better marketing, sales, and advertising contact SCORE for free small business advice.

Posted By Lou DeLauro, Princeton NJ : November 29, 2008 11:36 am
From Marc, New York, NY

In terms of businesses just starting up in the last 6 months you’re an upstart. If you’re doing it on a small budget, with credit cards, 401k money (what’s left of it) or personal savings then you’re a scrappy upstart!

http://www.scrappyupstarts.com/

Posted By Marc, New York, NY : November 25, 2008 12:53 pm
From Brian Javeline, Pompano Beach, FL

We are an early stage company http://www.MyOnlineToolbox.com and take all these challenges in stride, mostly becuase the vast majority are all in the same boat. Not many are immune. Our optimistic attitude is that we are an American startup, for small American businesses in home repair and remodeling that can never be outsourced. Our ancestors all had difficult times and we just need to figure out a way to survive and thrive. Sure, things are tough, especially when you are raising capital but there will be better days ahead so just stay focused on moving forward each day.

Posted By Brian Javeline, Pompano Beach, FL : November 24, 2008 9:02 pm
From Pat Grass Valley CA

In growing and stabilizing a small business, it is imperative to use technology that is fiscally and environmentally responsible, if we are to survive and thrive in our changing markets. Using http://try.nefsis.com can enable huge money savings in our companies, and put us on the cutting edge of growth and sustainability into our future.

Posted By Pat Grass Valley CA : November 24, 2008 12:31 pm
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