Being your own boss comes with a lot of responsibility.

Sure, you get to set your own hours and choose the work you want to do, but it’s also up to you to ensure that your business stays above water.

Unfortunately, many freelancers fail at being their own boss which ultimately leads to a failed freelance business.

However, if you can identify the common areas that many freelancers fail, you’ll be better equipped to prevent yourself from failing.

One of the biggest ways that freelancers fail is by letting the fear of failure itself consume them.

Fear of Failure

Self-employment is the same as starting a new business, with just as many hurdles to clear to keep the doors open. But while some people can use fear of failure as the ultimate motivator, others succumb to the pressure and spend more energy on worrying than on planning for success.

Fear can even kill your career before it starts. So if you find yourself worrying too much, shift your attention to your career’s immediate demands instead of your projected failures. Your odds of success will increase.”

See the other 9 ways that freelancers fail at Docstoc.