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51 Year Old Partner Contemplates Starting Own Firm: How to Overcome Risk Aversion and Performance Decline?

Anu

Anu Krishna  |1651 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jul 25, 2024

Anu Krishna is a mind coach and relationship expert.
The co-founder of Unfear Changemakers LLP, she has received her neuro linguistic programming training from National Federation of NeuroLinguistic Programming, USA, and her energy work specialisation from the Institute for Inner Studies, Manila.
She is an executive member of the Indian Association of Adolescent Health.... more
Asked by Anonymous - Jul 23, 2024Hindi
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Relationship

I am 51 year professional now partner in a partnership firm. Every day i am thinking about starting own firm individually but I am unable to do it. I am having some financial commitment so I am afraid of taking risk. due to this thought I am losing interest in my job and not enthusiastic. I am in this dilemma for the last few years. I know that i will get better opportunities. But fear of failure is holding me behind and every day my performance is coming down. Please advice what to do.

Ans: Dear Anonymous,
Failure and Success are two sides of the same coin.
If you changed the way you looked at Failures, maybe then taking a step forward would be a possibility.
- Failure is a teacher
- Failure helps me to re-evaluate my plans
- Failure helps me grow

Now, this may seem easier said than done. But, a small tweak in that direction will definitely help you break free from the fears that are holding you back. Also, take a leaf out of the books of successful entrepreneur and read/listen to their failure stories and how they bounced back from it. Work on this yourself and even after that if you still feel stuck, work with a professional who can guide you into breaking any self-limiting beliefs so that you can pursue your dream.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

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Pradeep

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Career And Placement Consultant - Answered on Nov 12, 2024

Asked by Anonymous - Oct 29, 2024Hindi
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Career
Pradeep, I am a professional with more than 17 years of experience in Operations, team management. Currently I have started working in a global MNC in a global position. Earlier I was working with the same organization for more than 10 years. Then during Covid, I lost my job. Finally, settled down with another company with almost 40% less salary. Though I loved the role and responsibilities there. I was a Senior Team Lead there. I liked the role where I was managing the team, working with the team. But due to some internal politics, I lost my job in that organization too in this year only. Why I am saying politics? Because just before they fired me, I got best performer award and best employee of the last quarter 2024 award. Then I rejoined my old organization with lots of hope. But now I am finiding it difficult to cope up in this global role. The top management expected me to know everything within 3 to 4 months and start delivering. One of the biggest hurdle that I am facing is that earlier when I was in this organization for more than 10 years, I was in another process. This time I got in a role where the process is completely different. Also no proper training is provided. I am not get a fulfiling satisfaction from this role. Also I am not able to get job satisfaction and now I am thinking of quitting and start something of my own. A business venture or a consultancy service. But not sure how to start and also afraid of the flow of income. I have a mother who is suffering from age related problems. Have a little kid of 12 years. My wife is not working. I tried to switch jobs. But it seems that no one is there to take someone who is almost at 45 years of age. I am loosing my hope and confidence day by day. Please help.
Ans: Dear... Request you to mention the question in precise way to understand what exactly you require from us. Big question normally indicates state of confusion somewhere hence difficult to repply which will satisfy you.

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