In this episode of the Business of Business podcast, hosts Staci, Jennifer, and Jack Dempsey discuss the role of fear and risk-taking in entrepreneurship. They explore how fear can manifest in business, the importance of taking calculated risks, and the difference between healthy and paralyzing fears. The conversation emphasizes the need for fact-checking fears and recognizing opportunities that arise from challenges. The hosts also highlight the evolution of entrepreneurship and the advantages of starting a business in today's environment.

Nugget Alerts:

• Fear can be a powerful motivator in business.
• Risk-taking is essential for growth and evolution.
• Healthy fear involves due diligence and research.
• Fact-checking fears can help in decision-making.
• Opportunities often arise from challenges and fear.
• Entrepreneurs can fail fast and learn quickly.
• The landscape of entrepreneurship has changed for the better.
• Building confidence in risk-taking is crucial.
• Mentorship plays a vital role in overcoming fear.
• Embracing fear can lead to fulfillment and success.

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Jennifer Faith Dempsey has been in the beauty industry for over 10 years. For the last 5m years, she has owned J. Faith Hair Studio. She brings her experience on how she balances entrepreneurship and motherhood. Check out Jen’s blog.

Staci Joy Dempsey is an insurance agent, a mom, and a busy non-profit volunteer. She truly understands what it means to be an entrepreneur. Staci serves as the podcast's host.

Jack Dempsey is the dad who heads up this busy family. He is a founding partner in Dempsey, Weiss & Associates, an Elmer, NJ-based insurance and investment firm that began more than 30 years ago.