What Are the Greatest Fears for Male and Female Business Owners?
When it comes to gauging your biggest fears as a business owner, several
prominent choices come immediately to mind. Perhaps the greatest fear
of all is failure. As will be shown, male and female business owners
share this great fear, but express it and respond to it in very
different ways. Maybe it's no great surprise that a female business
owner or community leader, such as Mary Hayashi among many others, would
have a different notion of the exact definition of "fear of failure"
than one of her many male counterparts. However, it is instructive to
take a closer look at just what these differences in perception of
failure may entail.
How Do Male Business Owners Deal With Their Fear Of Failure?
For male business owners, dealing with the fear of failure often
involves a desperate grab for power. This doesn't necessarily mean that
male business owners are prone to fire their entire management team and
attempt to play each role completely by themselves. However, it does
tend to mean that a male business owner will attempt to concentrate all
power and responsibility in their own hands in an attempt to ensure that
each and every aspect of the company's operation runs smoothly and
efficiently according to their own very subjective and personal
How Do Female Business Owners Differ in Their Fear of Failure?
In contrast to a male business owner's definition of failure - loss of
control, a female business owner tends to define their own greatest fear
in terms of not living up to their own definition of self-worth or
potential. Women who found and run their own businesses tend to be
excessive perfectionists. Each and every detail has to be perfectly in
place. If this is not the case and the business begins to run less than
perfectly smooth, women business owners tend to blame themselves as the
primary agent responsible for the shortfall.
A Female Business Owner's Sense of Perfectionism Can Haunt Them
It is this deep seated sense of perfectionism that is both a major asset
and occasional drawback to a female business owner. It's hard to let go
of traits that shot you to the top of the industry, even when too much
free expression exposes their negative qualities. This is precisely why
so many female business owners define their own fear of failure in
largely personal terms, while their male counterparts view failure as a
more of a systemic issue arising from their own lack of complete
control. This fear of losing control is expressed in outward terms by
men and inward terms by women.
The Basic Definition of Success Is Ultimately the Same for All Owners
While it is true that male and female business owners register a
different response to the basic fear of failure, it is also true that
this fear does stem from the same set of concerns. Failing in business
can seem like a personal failure, even if the precise causes of that
failure can be assigned to specific incidents or individuals. However,
the definition of success - reaching one's goal of independence and
prosperity - is also basically the same for both male and female
business owners. For more information concerning this and similar
topics, check out this page.
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