Fostering Small Business Success: Embracing Realistic Expectations and Critical Thinking
Diann Wingert
Psychotherapist turned business coach for ADHD-ish business owners who want a stand-out, sought-after business built on their brilliance. Host of Top rated ADHD-ish Podcast
In this week's edition of The Driven Woman Entrepreneur newsletter, I am sharing insights from a thought-provoking conversation with Maggie Patterson about critical thinking, decision-making, and the pressures of entrepreneurship that are often overlooked. We dug into topics such as scammy marketing tactics, imposter syndrome, and the impact of societal expectations on mental health for solopreneurs.
We had a candid discussion about the tendency to make hasty decisions in purchasing courses and other products, driven by the fear of missing out. We also addressed the prevalence of survivorship bias in the market, where success stories overshadow the reality that only a small percentage of individuals actually achieve the promised results.
One hot topic we focused on is the pressure to scale and grow businesses indefinitely, especially in the online space. The obsession with financial success often comes at the cost of flexibility and lifestyle. It's crucial to consider our business goals and separate personal desires from external societal expectations. We also explored the challenges faced by solo entrepreneurs, including undercharging for their services, overdelivering and scope creep.
We highlighted the misconceptions around time for dollars and the capacity issues that entrepreneurs face. We also discussed the prevalence of financial abuse and scamming within the online business ecosystem, particularly targeting women. This shed light on the need for a more supportive and transparent business environment for female solopreneurs.
The conversation also stressed the impact of mental health on entrepreneurship. Despite the societal pressure for endless growth, we emphasized the importance of prioritizing well-being and creating spaces for those who don't conform to the "norm."
One of the most insightful parts of our conversation was about how to distinguish between mindset issues and reasonable concerns and tackle them appropriately.
This episode aims to encourage listeners to navigate their entrepreneurial journey with greater awareness and resilience.
If you’d like to listen to the full interview on The Driven Woman Entrepreneur Podcast, click https://bit.ly/3SFZKI3 DM me and let me know your thoughts!
Thought Leader Legacy Project; championing substance over style, expertise over hype. Futurist & Founder of Refirement CIC. TEDx Speaker & Author, working with women who want to rock but not in a chair!
1yThanks for a thought provoking read Diann Wingert it is so true that in our minds geniune issues and concerns can masquerade as mindset issue and visa versa. For me this is where a mentor or accountability buddy is crucial for the solopreneur. We often see the world as we are not as it is and the objectivity of a trusted other can make all the difference.