In this episode of "Milestone Moments in Business and Leadership," host Sheila Slick tackles the entrepreneurial challenge of self-doubt. Drawing from her 25 years of business experience with hundreds of startups, Slick reveals that over 70% of entrepreneurs experience imposter syndrome, but the key difference between those who succeed and those who don't isn't confidence—it's taking action despite uncertainty.
The episode outlines a practical five-step framework for overcoming business fear: naming your fears to reduce their power, validating your business idea with a one-page Business Model Canvas, setting small achievable goals, building a strategic support network, and taking imperfect action rather than waiting for perfect conditions.
Slick emphasizes that entrepreneurship isn't about being fearless but acknowledging doubts and moving forward anyway with a structured plan. For new business owners struggling with anxiety, her signature reminder offers valuable perspective: "doubt is normal, action is the answer, and your business deserves to exist."
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