“The six main obstacles are: fear of failure and rejection, thinking everyone is the same, thinking everyone is completely different, not knowing what you're good at, not knowing future opportunities, and not knowing how to create massive value beyond just doing work.”
About Fear of Failure
Fear of failure is a misconception and primary obstacle that prevents entrepreneurs from taking action, driven by unmet lower-level needs for survival, safety, and security. He teaches that failure doesn't actually exist—only lessons in how not to do something—and that this fear must be faced directly rather than avoided to build the resilience necessary for business success.
Based on his experience helping entrepreneurs and building a multi-million dollar business, Eben identifies fear of failure as the main psychological barrier preventing people from turning talent into income, requiring deliberate confrontation rather than avoidance strategies.
Misconception
“Failure is something to be avoided at all costs”
There is no failure, only lessons in how not to do something—face fears directly to build resilience
Relevant Clips71
- How-To
How to Overcome Action Paralysis in Business -- A systematic approach to breaking through planning paralysis and taking consistent action in your business
- Teaching▶ 5:01
Six Obstacles to Turning Talent Into Income
The six main obstacles are: fear of failure and rejection, thinking everyone is the same, thinking everyone is completely different, not knowing what you're good at, not knowing future opportunities, and not knowing how to create massive value beyond just doing work.
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Why Coaches Resist Guarantees and Slip Into Paralysis
Coaches resist guarantees because they think in absolute terms and focus on what could go wrong rather than client perspective. They worry about factors outside their control like client attendance or effort, doing risk assessment that leads to paralysis.
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Why Fear of Failure Blocks Entrepreneurs From Starting
Fear of failure, rejection, and loss of control prevents you from taking action in the first place. If you're experiencing too much fear, you won't start the process of building your business or turning your talents into income.
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Most Entrepreneurs Focus on Setup Over Revenue
Most successful information product marketers have a lot of direct one-on-one interaction with their prospective customers, but this requires overcoming fear of rejection, shyness, and other personal issues
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Fear of Success — Wealth Creates Friction and Judgment From Family
Fear of success occurs when people realize that becoming wealthy will create relationship friction, increased responsibility, and potential negative judgments from family who believe 'rich people are evil'
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Evolutionary Survival Hardwired Loss Aversion Into Human Behavior
In evolutionary environments, avoiding threats was a matter of survival - failing to escape predators meant death and genetic extinction, creating strong evolutionary pressure for loss aversion.
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Do Whatever It Takes to Overcome Internal Barriers
You must do whatever it takes to overcome internal barriers - whether that's taking courses, getting therapy, or attending self-esteem programs - to get yourself into consistent daily action.
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Two Conflicting Parts Every Entrepreneur Has
Most entrepreneurs have two prevalent conflicting parts: the safety-seeking part that wants to stick with what has worked, and the risk-taking part that wants to innovate and try new things
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Misunderstanding Is the Rule — Assume It and Design Against It
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Why Anxiety Rises as Real Fear Decreases in Modern Life
As real fear levels decrease in modern life, anxiety levels increase proportionally, creating a constant low-level fear background that makes people hunt for opportunities to feel fear
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Magic Button Solutions Are Sold by Hucksters to Desperate People
Magic button solutions are promoted by hucksters targeting desperate people, but no consistently successful entrepreneur relies on quick fixes instead of sustained effort and action.
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The Amygdala Alarm System — How Fear Chemicals Trigger
The amygdala acts as an alarm system that triggers fear chemicals when we perceive threats, activating muscles, breathing, brain sharpness, and narrowing vision for survival action
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Test Business Assumptions by Taking Real-World Action
You test business assumptions by taking action in the real world. If something doesn't work, you either move on to the next approach or refine your strategy and try again.
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Higher Self vs Lower Self — Two Mental Operating Modes
Higher self means positive emotions and logical thinking where everything feels okay; lower self means primal brain activation with fear, anxiety, and feeling unsafe
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Fear Motivates Twice as Powerfully as Desire
Humans are approximately twice as motivated by fear as they are by desire, making fear-based motivation significantly more powerful for driving purchasing decisions
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Question Your Assumptions Instead of Assuming You're Right
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Stress Distorts Buyer Decisions Toward Instant Gratification
People make drastically different decisions under pressure versus when relaxed - stressed buyers focus on immediate gratification rather than long-term consequences
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Why People Avoid Expanding Their Sense of Possibility
People avoid expanding their sense of possibility because of the risk of disappointment and cognitive biases that can lead to overinvestment in unrealistic goals.
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Driving Into the Future While Looking Through the Rearview Mirror
We use our past experiences to predict and limit what we think is possible in the future, essentially driving through life while looking in the rearview mirror.
- Teaching▶ 4:20
Resistance to Transformation Hides Behind Price and Time Objections
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- Teaching▶ 1:09
Fear of Failure Is the Primary Obstacle to Income Success
Fear of failure, rejection, and loss of control prevents entrepreneurs from taking action in the first place, making it the primary obstacle to income success
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Inaction Kills Businesses — The Real Danger Is Five Years From Now
Bad outcomes in business happen from inaction, not action - the real danger is waking up five years from now in the same or worse financial condition
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Speed of Implementation Beats First-Product Perfection
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Career Decisions Need Future Opportunity Not Just Feelings
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Why a 20% Experiment Win Rate Is Actually an Advantage
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Long-Term Optimist, Short-Term Pessimist Mindset
Adopt a 'long-term optimist, short-term pessimist' mindset where you expect most new ideas to fail but remain optimistic about overall progress
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The I-Get-It Mechanism and Logical Leaps
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Confirmation Bias Leads to Dangerous Overinvestment
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Family-Programmed Negative Beliefs About Wealth
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Mental Testing Bias Leading to Costly Business Mistakes
Humans prefer mental testing over real-world validation, leading to costly business mistakes due to overconfidence in untested assumptions
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Most New Attempts Fail — That's the Foundation of Breakthrough
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Expanding Possibility Requires Managing Fear of Disappointment
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Own the Mistake, Skip the Ego Hit, and Move On
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People Act on Problems Once They Manifest
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Business Success Means Capitalizing on the One Win That Sticks
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Target Irrational Emotions Not Logic in Marketing
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Failure Avoidance Without Action Leads to Paralysis
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Smart People Fail Because Ego Blocks Admitting Wrong
Smart people often fail in investing and business because they refuse to admit they're wrong and hold onto losing positions
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Failing Publicly and Trying New Things Is a Hidden Path to Success
Being willing to fail on stage and try new things publicly is a secret to success that most entrepreneurs avoid due to fear
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Emphasize Loss Over Gain to Persuade Effectively
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- Teaching
Show People a Completely Different Approach
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The Internal Success Prevention Department
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How to Increase Perceived Product Value
Lower needs must be met first because fear and anxiety will keep distracting you and keep your hands off the prize
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Being Willing to Fail on Stage as a Success Strategy
Being willing to fail on stage is a secret to success - trying things publicly even when they might not work out
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Overcome Fear of Failure and Rejection to Build a Profitable Business
You must overcome internal barriers like fear of failure, rejection, and hesitation to achieve business success
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Fear Dominates Every Other Emotion and Limits Achievement
Fear dominates all other emotions and limits both health and achievement more than any other negative emotion
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Addiction to Struggle and Stress Chemical Dependency
People can become addicted to their struggle and the stress chemicals that come from constant mental chaos
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Consistent Long-Term Action Beats Magic Insights
Success comes from consistent long-term action, not from pushing magic buttons or having single insights
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Failure in Knowledge Work Is Learning Not Criticism
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Two Habits That Can Double Productivity in 90 Days
People seek validation instead of truth, which blinds them to where they're wrong and prevents growth
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What 'Few Perceived Options' Means in the Niche Test
Fear-based decision making shuts down strategic thinking and cuts you off from future opportunities
- Teaching▶ 0:53
Why Not Taking Action Is the Top Business Failure Cause
The number one cause of business failure is not taking action, despite learning lots of information
- Teaching▶ 27:28
Test Assumptions by Acting and Watching What Happens
In business, you test assumptions by taking action and seeing if strategies work in the real world
- Teaching▶ 10:31
Most Business Ideas Don't Work — Keep Testing
Most business ideas don't work, so entrepreneurs must keep trying until they find what works
- Teaching▶ 4:47
How to Get Benefit or Avoid Fear — The Core Emotional Formula
The 'how to get benefit or avoid fear' formula focuses on core emotional motivations
- Answer▶ 7:57
Put Yourself in High-Stakes Situations to Build Resourcefulness
Proactively put yourself in high-stakes situations where you must find solutions and perform. Most people avoid uncomfortable situations due to fear of failure or looking bad, but these exact situations build the resourcefulness that's the most important quality for success.
- Answer
Why Anxiety Rises as Real Fear Decreases
As real fear decreases in modern life, anxiety increases proportionally. We no longer face genuine survival threats, so we create artificial fear through scary movies, dangerous activities, and risky behaviors, while developing chronic low-level fear about everything.
- Answer▶ 3:22
AI Expert Extinction Risk Survey Data
Self-actualization is when you're no longer afraid and operate at a high level of effectiveness and power. For entrepreneurs, it represents the ultimate goal where you stop acting from fear and become truly inspiring and beautiful as a person.
- Answer▶ 6:52
Dig Until You Hit the Irrational Motivator
Ask about what's causing fear, frustration, worry, or anxiety, then follow up with questions about specific emotional desires. For example, instead of 'What kind of car do you want?' ask 'What's your biggest frustration with your current car?'
- Answer▶ 3:49
Unmet Lower-Level Needs That Sabotage Performance
Unmet lower-level needs create fear, anxiety, and animal-level drives that keep distracting and tripping you up. These old brain responses keep your hands off the prize and prevent you from reaching higher levels of effectiveness.
- Answer▶ 0:32
Loss Aversion Wired In — Why Spending Creates Anxiety
Humans are wired to be about twice as motivated to avoid loss as they are to pursue gain. This makes fear of loss a huge motivator, which is why asking someone to spend money creates anxiety about potentially losing that money.
- Answer▶ 1:03
The Real Reason Entrepreneurs Fail — Not Taking Action
The main reason entrepreneurs fail is they don't take action. They learn lots of information and think about business concepts, but never actually implement what they've learned.
- Quotable▶ 28:12
90 Percent of Visitors Won't Buy Now But Will Join Your List
Your success is going to come because you take action. Not because you push some magic button or you have one magic insight. It's going to be consistent action in the long term.
- Quotable▶ 1:09
Most Business Failure Comes from Not Taking Action
If it had to all be boiled down to like the one thing that causes people to fail or never succeed in their business, I'd have to kind of vote for they just don't take action.
- Quotable▶ 27:28
Warren Buffett Constantly Asks: How Might I Be Wrong
Warren Buffett, the most successful investor in history... what he's constantly doing is saying, you know, I'm probably wrong. How can I check and see if I'm wrong?
- Quotable▶ 3:25
Low-Level Background Fear Replacing Acute Survival Fear
as the fear level comes down, the anxiety level comes up. It's almost like we're starting to have a a low level fear that's just in the background about everything.
- Quotable▶ 3:58
Fear and Anxiety as Obstacles to Financial Progress
if we don't meet them our fear and our anxiety and all of these other kind of animal level drives are going to keep distracting us keep tripping us up
- Quotable▶ 29:24
Overcome Yourself to Take Consistent Daily Action
You must overcome yourself and get yourself to take consistent daily action if you hope to succeed in building a profitable business.