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The news that the UK economy grew by 0.8% between July and September caught many by surprise. There has been an unlimited stream of negative press regarding the state of the UK and global economy which has fuelled fear amongst consumers and businesses.

Fear can be a damaging emotion in business, but is also a strong motivator. What’s important is to have control and balance of fear. Separating emotion and business entirely would be a risky strategy because with emotion comes compassion, empathy and determination. If as a business manager or owner you feel overcome with fear it will only stop you from making the necessary steps which you need to take. For example, fears over the economy might stop you from taking on new personnel or investing in new machinery. Taking risks, be them big or small is part of being in business and if everyone stopped taking risks altogether it would completely stall the economy.

Growing a business prudently is an important tactic for all companies. Darwin observed that in nature species fight fiercely for survival and only the fittest will go on to pass on it genes. Many argue that the business community has adopted Darwin’s theory of evolution and have rigorously applied it.

Competition is a major force of evolution in nature and the same can be applied to business. Competition forces a business to be imaginative and to grow in order to make certain the business can survive and eventually beat the competition.

At the same time it is down to the government to try and stimulate business and offer the right kind of incentives which will encourage confidence and growth. The more the government can assure and ease people’s concerns the greater the conditions are for business to take place. After two years of economic problems it is hard to instantly think confidently about the economy but it important to believe in what you are doing and where you are heading.

The enormous civil service in the UK, which includes institutions such as the NHS, are facing government cutbacks that will undoubtedly lead to job losses. Because of this the private sector is going to have to expand and absorb as many people as possible.

If your business is enjoying success then fear shouldn’t stop you from buying those executive desks, glass desks or any other executive office furniture you like. Investing in your business is vital, both in terms of manpower and equipment.

The future is always clouded but the present is clear and it is essential that fear doesn’t drag businesses, the economy and people down a slippery slope. A famous United States general, George S Patton once said “There is a time to take counsel of your fears, and there is a time to never listen to any fear”.

This article has been written by the author, Alex Blaken. Should you require any more Global Economy please visit his Fearless Global Economy resources!