Transcript
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Got a 7am meeting on a Monday expensing breakfast because it's in policy, wasting all afternoon submitting an expense report for that breakfast. If your company used Ramp, you could submit expenses with just a text.
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Yay. Free your team from expense reports today. Switch your business to ramp.com. ever feel like you're not good enough? Like you're just pretending to be an entrepreneur and eventually everyone's going to find out you are not alone. In fact, that feeling has a name. It's called imposter Syndrome. You might have heard of it and it's something even the most successful founders feel. Yes, even billionaires, even the people you look up to. Today's episode comes from Deepak, who asks, how do I get over imposter syndrome? I've got a surprising answer because I actually think you shouldn't get over it. Let me explain. Quick note before we dive in. If you've got a question like Deepak, you can head on over to 100mba.netq to submit your question. I'd love to help. Welcome back to the Hundred Dollar MBA show. I'm your host, Omar Zenholm, where I deliver practical business lessons three times a week, Monday, Wednesday and Friday to help you start, grow and scale your business. Imposter syndrome means you care. It means you're paying attention. It means you still have room to grow. And that's a good thing. You're not cocky, you're not delusional. You're self aware. That's what makes you dangerous in a good way. But here's the truth. Feeling like an imposter isn't the problem. Letting it stop you is. Listen, I gotta be honest. I feel it all the time. When I started the $100 MBA show, I thought, who am I to teach business when I haven't made 10 million dol? When I launched my software company, Webinar Ninja, I was like, I'm not a tech CEO. What if people see through me? But those feelings, they pushed me to improve, to research harder, to work harder, to ask better questions, to be better. Imposter syndrome is a signal. Use it to level up, not to freeze up. But I want to give you some practical steps on how to handle imposter syndrome. Practically when it shows up, number one, take action anyway. You don't get confidence before action. You get confidence from action. When you do things and prove to yourself that you are a doer, that you actually make things happen, that's where the confidence happens. That's how you build confidence. How do you destroy confidence? Well, it's when you break promises to yourself, when you don't follow through and do the action you need to do to make things happen. Every time you show up and deliver, you stack evidence that is real, that tells yourself that you are the real deal. Courage doesn't mean not having any fear. It means moving forward despite your fear, despite feeling like maybe you're inadequate. Take action anyway. Tip number two, keep a WINS folder. Some people call this a WINS folder. Sometimes I call it a rainy day folder. But basically, it's a place where you store all, all your positive feedback, track testimonials, kind Messages, maybe a WhatsApp message from somebody that found your product and thought, hey, this is cool. A friend of yours saying nice things about you. Anything positive that people say about you and your work, you want to pop it in this folder. You want to read it when that imposter syndrome strikes. Why? Because when you read those things, you go into your folder, you have facts over feelings, right? You have factual evidence that you are worthy, that you're good enough. Tip number three, focus on the mission, not yourself. When you focus on helping others, your ego takes a backseat. It's not about being perfect. It's about your audience getting value. It's all about them, okay? Just focus on helping them out, and then your confidence will build over time. These three strategies and tips have helped me throughout the years. And let me level with you. I have moved up a lot in my career. I'm very proud of what I've done as an entrepreneur. But along the way, I look around, I see my friends, I see my colleagues, I see other people doing very successful things, people that are highly successful, people that have built bigger things, made more money than I did, and they too, experience imposter syndrome. They too, confide with me and say, I don't know how this happened. I don't know if I got lucky or. Or if people just think I'm better than I actually am. Everybody is trying to make it. Everybody feels this. Everybody's kind of just trucking along hoping that they're not being found out. But you have to kind of trust the fact that, hey, you are doing good things, you are helping people, you are doing something positive in this world, and things are happening to you for a reason. Whether it's a promotion, whether it's people buying your product or service, there's a reason for that. There's value that you're giving the world. And therefore, just believe them. Believe the people that are believing in you. And I'm telling you in time, that imposter syndrome is not going to creep up as often. It's going to get better and better.
