Generally, a twofold effect occurs when we fail at something: the feeling of disappointing others and the feeling of disappointing ourselves. Therefore, we fear failure because we want to avoid experiencing the effects of failure.
This is why it is so important, firstly, to overcome the fear of disappointing ourselves. It is vital that we accept ourselves for who we are and not for what we can achieve; for if our worth is solely dependent on our attainments, then we will constantly be held back by the fear of failure on the road to success.
Similarly, if our fear of disappointing others prevents us from stepping out of our comfort zone, then our comfort zone is the only place in which we will remain. An attitude of 'people-pleasing', setting goals to satisfy others' expectations, can be dangerous since we may start to depend on others' satisfaction for our own happiness. Once we understand where our real worth is derived from so we can be confident in our true identity, only then can we begin to steer away from a 'people-pleasing' attitude.
Meet Caleb Meakins: a social entrepreneur and motivational speaker. He provides practical tools to help young people overcome their fear of failure. Firstly, he started an initiative called 'Shift' that encourages young adults to be confident in their true identity, creating a shift in our 'people-pleasing' culture (http://www.shift-uk.com/). I would encourage young adults to get involved with their events throughout the year.
In order to help young people overcome their fear of rejection, Caleb pioneered a hugely successful initiative called 'My 40 Days' (http://my40days.co.uk/). He encourages young people to set him challenges, such as taking part in a red carpet premier, and records incidents of getting rejected constantly while striving to complete the challenges.
So if you're a young person reading this, why not challenge yourself today to step out of your comfort zone and overcome your fear of failing at something? My personal favourite quote on failure is one by Michael Jordan: 'I've missed more than 9000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed'.