Assalamualaikum and greetings to all,

Recently, we have all witnessed how competitive the sports competition is at the Olympics in France. In every sporting event, I'm sure there will be two things that always play in the mind of the athletes: the fear of losing or the excitement of winning.

These two feelings greatly affect their performance on the court... Playing because of the fear of losing or playing to win? The main difference is how they manage those emotions.

This is also very relevant to us as business owners.
In the business world, we are often faced with unexpected challenges. At times, we may feel afraid of failure. However, there are also moments where we are so excited to achieve success. But, which feeling is more dominant in us? Are we more afraid of losing or more excited to win?

If we look at the Olympic athletes, we can learn that those who succeed are not only because of their physical abilities, but also because of their mentality that focuses more on winning than failure. They know that the risk of losing is there, but they choose to focus on the goal and the victory they want to achieve. As business owners, we need to adapt this mindset in our business journey.

Here are 5-7 tips to manage the fear of losing and replace it with the excitement of winning:

1. Focus On Long Term Goals: Don't let fear rule your mind. Focus on the long-term goals your business wants to achieve. This will give you the drive to keep going despite the challenges.
2. Know Your Fears: Fear is normal, but it is important to recognize it. Identify what is causing you fear and find ways to overcome those obstacles.
3. Build Support: Just like athletes who have coaches and teams, business owners also need support. Surround yourself with positive people who can give you motivation when you feel down.
4. Learn From Every Defeat: Defeat is not the end. It is an opportunity to learn and improve. See every failure as a stepping stone to greater success.
5. Visualize Victory: Use your imagination to envision success. Visualization is a powerful tool for changing your mindset from fear to confidence.
6. Don't Forget Your Original Purpose: Remind yourself why you started this business. What is your dream? What do you want to contribute to society? When you focus on the original goal, the fear will decrease and you will be more excited to achieve your goal.
7. Always Strive To Add Value: In business, the main goal is not just to win, but to provide value to customers. When you strive to add value, your focus will shift from the fear of losing to the desire to give your best.

As business owners, our journey may not always be easy, but with the right mindset, we can turn fear into strength. Remember, every challenge is an opportunity to grow. Make your business not just a tool to achieve profit, but also a medium to contribute to society and achieve bigger dreams.

Hopefully these tips can help you all to be more brave and more excited to achieve success. Let's move forward with passion and inspiration, just like the athletes at the Olympics who always strive to be the best.

That's it, thank you.

Datuk Wira Dr. Azizan Osman
Business Mentor

For more insights and inspirational stories from me, visit Blog Datuk Wira Dr. Azizan Osman.