Ever grappled with self-doubt on your entrepreneurial journey? It's a common struggle, one that often tempts us to question our capabilities. But don't fret - self-doubt doesn't have to cripple your entrepreneurial spirit. In this episode, I share my personal battle with self-doubt and reveal how I broke free from its clutches by surrounding myself with big dreamers, individuals who inspire me to reach for the stars. This isn't about showcasing their success, but about adopting an attitude of curiosity and inspiration to fuel our own journey.
The power of language can make a world of difference in overcoming self-doubt. In an engaging conversation with my mentee, we delve into how empowering language can help us shift our perspective and view problems as opportunities for growth. Remember, self-doubt isn't a roadblock, but a stepping stone to your success. Stay focused on your unique journey, use strategic words that empower and inspire, and keep your eyes on your goals. Join my subscription program, EntryMD On Demand, to access a library of business courses designed to help you conquer self-doubt and unlock your full potential as an entrepreneur. Let's push through self-doubt together and create our own version of success!
When you are ready to work with us, here are three ways.
1. EntreMD Business School Accelerator - If you are looking to make a 180 turnaround in your business in 90 days, this is the program for you.
2. EntreMD Business School Grow - This is our year-long program with a track record of producing physician entrepreneurs who are building 6, 7 and 7+ figure businesses. They do this while building their dream lives!
3. EntreMD Business School Scale - This is our high-level mastermind for physicians who have crossed the seven figure milestone and want to build their businesses to be well oiled machines that can run without them.
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Hi dogs, welcome to the OnChamD podcast, where it's all about helping amazing physicians just like you embrace entrepreneurship so you can have the freedom to live life and practice medicine on your terms. I'm your host, dr Imna. Now, today, we are going to be looking at how to stop self-doubt from crippling you. The reason why I bring this up is because, even as somebody who has started multiple businesses, taken multiple businesses to seven figures just multiple, seven figures and all of that self-doubt is still a thing that creeps up, and so sometimes people think there's a big problem because they have doubts. But the truth of the matter is nothing could be further from the truth. This is something that's going to show up multiple times, especially if you're going to be somebody who keeps striving to be more, keeps striving to do more. Every time you take on a new project, it's going to show up. So the question is not whether self-doubt shows up. It is going to show up. The question is, how do you respond to it? How do you move forward in spite of it? How do you have endless momentum even though self-doubt has shown up? So the real inspiration for me doing this episode is I'm talking to a mentee of mine and she is doing so great. She's in the middle of her second launch. It's already a five-figure launch and it's not something she's done before. She's new to the world of entrepreneurship. And then doubt was showing up and so we started having this whole conversation about it and when I was done, I was like you know what? I think I'm going to go share this. This was really really really good. Okay, so let's talk about that. So I gave her three things that I do, that I have done in the last 14 years as an entrepreneur, to keep moving and keep crushing like big milestones and all of those things in my businesses, even self-doubt. So the first thing the first thing is really surrounding myself with big dreamers, people who are big dreamers, people who are doing great things, people who are getting great results, and this is like much bigger than I am right Now. I will say that this does require that you have the mindset of like when you're around people who are doing so much better than you that your reaction to that is huh, I wonder how they did it. I wonder what that's like. It's an attitude of curiosity and maybe inspiration rather than depression, like how come they're doing that? Well, I'm not and I'm not. That is such, that's not. That's not helpful at all. Right, that's not helpful at all. And so it does require that attitude. But really it's keeping big dreamers around me. And I'll give you an example. I was in a meeting, and in this meeting it was a bunch of founders, female founders. You have to have done at these seven figures in revenue in the last 12 months to be a member of that meeting. And while we were sitting there, I remember one of the ladies there saying, talking about her business and talking about how somebody offered to buy it and she didn't think she needed to sell because she was doing so great. And so she made a statement. She said at this point, we're doing an easy million a month. Okay, now, at that point in time, with Entremd I had just crossed multiple six figures and nobody could tell me nothing, right. And so when she said easy million a month, I thought about it. I was like easy million a month, what kind of person do you have to become and what do you do to get to a point where not only are you making a million a month, like an easy million a month, right Now, what that? So when I think about that. I think about the kind of team that that person will need, the kind of challenges that come with that and all of that. And it's just a reminder for me that whatever challenge I'm having in my business or whatever problem in my business is making me think like I can't do this and is making the soft out creep up that the truth of the matter is it's not that serious. You know what I mean. Like it's not that serious, like this person is all the way doing these big things. So the problem this is the conclusion that this makes me come to the problem is not the problem. The problem is who is facing the problem. Right, and so that's just my inspiration to grow. So, even so, when I see challenges which would normally say, for instance, maybe somebody's like it weren't happy with the service I provided, and I make that mean something, all this self doubt creeps up or the mind, the chatter is just going you're not good enough. You're not the kind of person who can do this. This doesn't work for you. Look at that other person there. Look at what they're doing. You're a doctor. What do you even think you're doing? You don't have an MBA. Who are you to teach other people how to run businesses, like all of these kind of things, right. But when all of these things come up, I'm looking at the other person, like well, they don't have all that stuff either. I look at what they've done, and so looking at people who are big dreamers just shows me that the things that I think are the reasons why I can't do what I've set out to do are not really valid, like they're not valid at all. They're not valid at all. And so I, on purpose, keep myself in front of people who are big dreamers, people who are doing much better than I am in business, people who have crushed milestones that I haven't even thought about. Like I have a friend right and we were talking and she was like I'm so excited, I'm like what happened? She's like oh, like I just went through this process and I'm actually in the works for the biggest contract of my life and I'm like what is the contract worth? She's like $133 million. I'm like what? And again it's not from this place of, oh, I saw I'll never get there, not bad. But like curiosity, like wait what? And inspiration, and so it makes me go like, okay, the goal that I have that come on, I guess you can do that, I can do this, right, and so I just keep myself in front of big people. Now, when I say big people, big dreamers. Now, there are a number of ways you can do this. Some of that is books that you read. Some of that is actual people that you know. Some of those are communities that you join. They may be communities that you pay to be a part of. They may be communities a lot of them will be communities you pay to be in, because those people are usually behind paywalls. Okay, if you're talking about communities, right, and so that's one thing that I do, and it helps me keep this self doubt in check. The second thing that I do and I do this on a regular basis is that I trick my brain with my vision, right, so think about it. You may have maybe there's a goal you set in your business. You didn't hit it and because of that, you've made it mean something. It means I'm not good at this. It means I won't crush my goals. It means that I suck whatever right. Or you tried something. Maybe you tried them, you didn't launch and all this stuff, and you're like I heard about this launch thing, I'm going to try it. And you did it. It didn't work, right. And you're like, oh man, I suck at this, this will never work, or those kinds of things. Sometimes nothing really needs to happen. Your brain will just offer you all kinds of thoughts, all kinds of thoughts. So I'm like, well, that's what is happening, it's coming my way and I'm reacting to that right, like it's coming my way and I'm deciding all of these things Well, what if I played offense, right? What if I played offense instead of defense? So, for instance, I run a business school for physicians. It's called the Entra MD Business School. It's a year-long program and I have been working. We just started the beginning of our fourth year right Last month. So I have been working consistently on this product, the Entra MD Business School for years. And I have choices. I can allow my mind randomly tell me all the things it wants to tell me about the school, or I can decide what my vision is and keep that vision in front of me. And so one day I was like, you know, this mindset chatter. It's a lot. And the reason why I'm telling you this and I'm using myself as an example, is because I want you to be clear that there's nothing wrong with you If these thoughts keep showing up. It doesn't mean, oh, I should have. Like sometimes people tell me I should have outgrown this. I'm like that's not how this works, that's not how any of this works, this is not something you'll grow, this is something you figure out how to thrive and spread out. And so I was like, well, since my mind is going to do this, let me play offense. I literally took a notebook and I wrote out my vision for the school, right? So the alternative business school is the number one business school for physicians, producing more six, seven, eight figure entrepreneurs than any other business school. I talked about the hundred thousand physicians that would have helped. So I went on and on and on in detail, right, because the mind chatter is in detail. So I did this in detail. It's four pages long, okay. And when I was done with it, then now what I do in the morning is I take that and I start off my day with it, my work day with it, right, I have a whole morning routine for my life, but my work day. And so I pull this and I look at it and I imagine it and I'm like, okay. The alternative business school is number one business school for physicians, producing more six, seven, eight figure entrepreneurs than any other business school. We have a hit eight yet. We're really close, but we haven't hit eight yet. But still, that's my vision. I keep it in front of me and I talk about how I'm perceived in the marketplace. I talk about how many students are in the school. I talk about the kinds of results they're getting. I'm talking about what their lives look like because of the results that they got and all of this things. I go on and on until I'm done with the four pages. And what I've done is I've created, like, big faith, right, as opposed to self doubt. So that's me playing offense. I start my day that way, intentionally, so that that way, when the self doubt, the more I do that, the less the self doubt has the opportunity to stop me, right, and so that's what I do. I trick my brain with that. I do want to stop here and say this, because if you're here, chances are you're an entrepreneur, right. When we say I want to say this, because a lot of times the self doubt comes from words, right? I remember the first. My very first one started after I started my first business, which was my private practice, I was out of it for like two or three days. I was so sad. I was like what does this mean? Do we really suck Blah, blah, blah, blah, blah, blah, blah. And if you're an entrepreneur, you're going to go through that and you know, the sooner you go through that and you build your thick skin, the better. And that thick skin doesn't mean you don't respond to the review and look for the validity of it and make changes in your business. It just means you don't let it make you fall apart, right, and so? So that's what like. So that's what happened to me with that. So I wanted to stop to say this here that words, your words, are not like air, they're not Without consequence. They're not that your words have power. Your words really have power. And so you, you want to be careful, because you can either empower people with your words or you can destroy people with your words. And Are people going to comment you and say negative things about you and say negative things about your business, and are they going to do all of that? Yes, but you can choose not to be the person who does that. You can choose to be that person. You can choose to be the person who empowers entrepreneurs, especially if you're a physician entrepreneur, because entrepreneurship is one of the ways we take care of the craziness that's going on in the healthcare space, right? If you look at loss of autonomy, you look at burnout, you look at the fact that 70% of private practices are owned by private equity or Corporate entities like insurance companies and and and stuff like that at hospitals, so only 30% are owned by physicians. Right? Learning about entrepreneurship is the way we reverse that trend and things like that. So, when you see a physician entrepreneur, yes, if there's something wrong, let them know, like you can do that, but use your words to empower them, because the physician community needs them to set the example of what is possible so we can change the way the physician community is right. So be the person. You use your words to make people overcome their self-doubt rather than Expand their self-doubt. It's not your responsibility Like is nobody's responsibility to take care of my self-doubt, but I also recognize that I can help rather than hurt, right, okay, so I just want to throw that out. That's extra Okay. Number three number three is the next principle. So this is what this is at every point in time as an entrepreneur, the things that you don't know Will be more than what, if always, this is never going away the things that you don't know will be more than the things that you do now. Okay, the things that you don't know how to do will always be more than the things that you do know how to do always. And so when you start, when you're working as an entrepreneur, there is this tendency to go like, oh, I don't know how to do this and there's this new thing in the market. I don't know how to do that either, and I brought on I need to bring on this team member. I've never hired I've never hired a CEO before. Like I don't know how I'm going to lead a CEO. I've never hired another doctor in my private practice. I don't know how I'm gonna lead them. I don't even know I'm gonna make the payroll when I hire somebody and pay them multiple six figures, like there's always going to be things that's like, ah, right, you then have, and at that time, like your self-doubt is on all time. Hi, it's like there are all these things that I don't know and all of that. But you have choices, right, even if you knew everything to do, you wouldn't do everything at the same time. You just take the next step, right. And so what I do one of the things I do to stop self-doubt from crippling me Is when it shows up and it's showing up because I, all these things are overwhelming and I don't know what to do. I'm like, okay, I don't know everything to do, but I always know the next step to take. I always know what I can do right now. And so, the midst of all of that, I just picked the one thing that is the next thing, and I just do that. I Just pick the thing that's the next thing, and I just do that, because if I don't do that, then what happens is the overwhelm stops me. I can have all those feelings and I can feel like I don't know everything, but I can move forward. So that's what I do, right. And so what that means is, as I figure it out and I'm like, oh, this is what I need to do. This is how that plays out. I've been moving the whole time instead of being stuck, okay. So I told her this and Her words was like yes, I got this, I'm out right, like she's actually even hurting got me off the phone. Um, which is okay, I'll address it later. I'm kidding, but but she was like let's go, as I want to think. I want you to think about yourself. You may you may run a private practice, you may be a coach, you may be a speaker, you may host events, you may be an intrapreneur and you're building, or you also work a job, but you're building a personal brand and you're monetizing that. One of the things that you must learn to master is self-doubt. So it's not going to go away. You are just going to learn to stop it from stopping you. So if you feel self-doubt, don't make it mean anything. It doesn't mean anything. It doesn't mean you're not growing as an entrepreneur, it doesn't mean you're not improving. There's nothing you do that'll make it go away. Right, what you're going to do is stop it from stopping you so it can stay there, but it gets to be in the passenger seat and can just sit there and do its thing. But I'm still driving this car, I'm still going where I need to go right. So I really want you to embrace Surrounding yourself with people who have done so much more than you've done. They will inspire you, they'll keep you in motion. If it is a vulnerable environment, like the way the on-train, the business school is, you will even share their self-doubt. To hear somebody who is, who is running a business that is valued at 200 million, talk about their self-doubt Really puts it in perspective. It's like, oh, apparently this is not going anywhere, right? So being in that environment like, do everything you can Legally to be in environments where there are people who what they do, what they've accomplished, is so much that it can almost intimidate you, that's how much it is. You want to be in those kind of environments because it stretches, it causes you to grow and it Can't really gets you to to get out of your own way, especially if it's a vulnerable, sharing environment. I want to really challenge you to take the time, document your vision and start telling yourself that right. So self-doubt is talking to you. You let your vision talk to you. All you have to do is put your vision on paper and give it voice, and your vision can talk to you. I made the best man win, right. And I want you to start practicing the next principle Overwhelming such a useless emotion. It's a useless feeling. It will stop you every time when you feel that and it makes you feel like you start down yourself and all of that. Just think, in the middle of all of this, what is the next step, what is the thing that I can do? What is a revenue generating activity I can do right now, while I figure all of this stuff out, if you do that, even on your bad days, there will be great days because you still move forward, your business still move forward. Maybe you still got new clients. You serve them at the highest level, you got new referral sources, so your business still moved forward, even though you felt some kind of way right. So that's what I want you to do, because we can get to this point. I got to this point two years ago. At this point, right, I used to like this self doubt, that here, all those things really used to stop me. I really used to believe a lot of the stuff and I was working really hard to make the fear and the self doubt go away. And I had this moment where I realized the fear is not going to go away, the self doubt is not going to go away. And so I remember I was taking a walk in in in my neighborhood. I remember exactly where I was. I was like you know what, since the fear is not going to go away, I'm just gonna just gonna push you to the side. You get to be in the passenger side in this car and I'm taking, I'm taking the wheel and I'm gonna go where I'm going in spite of all the stuff that you're doing. So, feel free, say what you got to say, do what you have to do, but I'm going forward. Right, you don't get to stop me anymore, you don't get to drive, you don't get to be in charge at all. Okay, and I want you to get to that place where you're comfortable Even though there's fear. You're comfortable even though they're self doubt. You've mastered this that it doesn't really matter. I can still go forward. I can still build very successful businesses. I can help a lot of people. I can create financial freedom for me and my family, even though I feel self doubt. Even though I feel fear like it's an emotion, I feel it. I'm not letting it stop me. Okay, that's my dream for you, and that can become your reality. You can start by by Executing these three strategies that I gave you, and I cannot wait to celebrate what you go on to create Because of that. So if this, if you got a lot of value from this, I want you to comment in the comment section. Let me know that it was super high value for you, and then grab the link of this, share it with another Physician entrepreneur in your life. They would thank you forever. Go be the boss of self doubt. Hey, if you love listening to the EntryMD podcast, I would invite you to join EntryMD on demand. It is my signature subscription program that gives you access to a library of business courses Designed to help you do one thing as a physician entrepreneur, and that is to thrive. Just head out to EntryMDcom forward slash on demand and I'd love to have you join us. See you on the inside.