Impostor syndrome plagues many founders – but why? Founder and podcaster Mike Scott shares his own journey and the practical tools he's developed to overcome imposter syndrome.
In this episode, Mike Scott (SMB Mastery, 'How to be Moderately Successful') joins Chris and Yaniv to discuss:
- Fool's Gold: Why impostor syndrome is common among founders, and why success often exacerbates it rather than alleviating it.
- Mirror, Mirror: How to acknowledge, manage, and use imposter syndrome to grow yourself and your business.
- Judge Dread: Tactical, practical steps to help you make better decisions, focus your energy, and build an incredible startup while living a fulfilling life.
00:00 Intro
01:00 On Today's Show
03:34 About Mike Scott
06:41 Imposter Syndrome Stories
11:07 Why Imposter Syndrome is Common Among Founders
13:33 The Challenges of Being a Generalist Founder
16:41 The Role of Courage and Conviction in Founding a Startup
19:56 High Expectations and Self-Reflection
24:28 The Power of Storytelling in Overcoming Imposter Syndrome
29:31 The Importance of Mental Health for Founders
31:44 The Myth of Stress-Free Success
33:29 The Ever-Growing Appetite for Success
34:26 The Fear of Falling from Great Heights
36:58 How Imposter Syndrome Holds You Back
40:26 Practical Solutions to Combat Imposter Syndrome
47:43 Using Imposter Syndrome as a Tool for Growth
50:25 Balancing Anxiety and Success
53:35 Final Thoughts and Encouragement
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Learn more about Chris and Yaniv
Work 1:1 with Chris: http://chrissaad.com/advisory/
Follow Chris on Linkedin: https://www.linkedin.com/in/chrissaad/
Follow Yaniv on Linkedin: https://www.linkedin.com/in/ybernstein/
Editor: Justin McArthur https://www.linkedin.com/in/justin-mcarthur
Intro Voice: Jeremiah Owyang https://web-strategist.com/
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