September 14, 2023 • 21 mins
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!
Additional Resources:
- Learn more about my 12-month program.
- Interested in 1-on-1 coaching? Apply here.
- Grab a copy of the "The EntreMD Method" book.
When you are ready to work with us, here are three ways:
- 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.
- 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!
- 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.
To get on a call with my team to determine your next best step, go here ...
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:03):
Hi dogs, welcome to the OnChamD podcast, where it's
all about helping amazingphysicians just like you embrace
entrepreneurship so you canhave the freedom to live life
and practice medicine on yourterms.
I'm your host, dr Imna.
Now, today, we are going to belooking at how to stop
(00:26):
self-doubt from crippling you.
The reason why I bring this upis 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 thatcreeps up, and so sometimes
people think there's a bigproblem because they have doubts
(00:46):
.
But the truth of the matter isnothing could be further from
the truth.
This is something that's goingto show up multiple times,
especially if you're going to besomebody who keeps striving to
be more, keeps striving to domore.
Every time you take on a newproject, it's going to show up.
So the question is not whetherself-doubt shows up.
(01:07):
It is going to show up.
The question is, how do yourespond to it?
How do you move forward inspite of it?
How do you have endlessmomentum even though self-doubt
has shown up?
So the real inspiration for medoing this episode is I'm
talking to a mentee of mine andshe is doing so great.
She's in the middle of hersecond launch.
(01:27):
It's already a five-figurelaunch and it's not something
she's done before.
She's new to the world ofentrepreneurship.
And then doubt was showing upand so we started having this
whole conversation about it andwhen I was done, I was like you
know what?
I think I'm going to go sharethis.
This was really really reallygood.
Okay, so let's talk about that.
So I gave her three things thatI do, that I have done in the
(01:50):
last 14 years as an entrepreneur, to keep moving and keep
crushing like big milestones andall of those things in my
businesses, even self-doubt.
So the first thing the firstthing is really surrounding
myself with big dreamers, peoplewho are big dreamers, people
who are doing great things,people who are getting great
results, and this is like muchbigger than I am right Now.
(02:14):
I will say that this doesrequire that you have the
mindset of like when you'rearound people who are doing so
much better than you that yourreaction to that is huh, I
wonder how they did it.
I wonder what that's like.
It's an attitude of curiosityand maybe inspiration rather
than depression, like how comethey're doing that?
(02:34):
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 atall.
And so it does require thatattitude.
But really it's keeping bigdreamers around me.
And I'll give you an example.
I was in a meeting, and in thismeeting it was a bunch of
founders, female founders.
You have to have done at theseseven figures in revenue in the
(02:56):
last 12 months to be a member ofthat meeting.
And while we were sitting there, I remember one of the ladies
there saying, talking about herbusiness and talking about how
somebody offered to buy it andshe didn't think she needed to
sell because she was doing sogreat.
And so she made a statement.
She said at this point, we'redoing an easy million a month.
(03:16):
Okay, now, at that point intime, with Entremd I had just
crossed multiple six figures andnobody could tell me nothing,
right.
And so when she said easymillion 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 youdo to get to a point where not
(03:39):
only are you making a million amonth, like an easy million a
month, right Now, what that?
So when I think about that.
I think about the kind of teamthat that person will need, the
kind of challenges that comewith that and all of that.
And it's just a reminder for methat whatever challenge I'm
having in my business orwhatever problem in my business
is making me think like I can'tdo this and is making the soft
(04:01):
out creep up that the truth ofthe 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 theconclusion that this makes me
come to the problem is not theproblem.
The problem is who is facingthe problem.
(04:22):
Right, and so that's just myinspiration to grow.
So, even so, when I seechallenges which would normally
say, for instance, maybesomebody's like it weren't happy
with the service I provided,and I make that mean something,
all this self doubt creeps up orthe mind, the chatter is just
going you're not good enough.
You're not the kind of personwho can do this.
This doesn't work for you.
Look at that other person there.
(04:43):
Look at what they're doing.
You're a doctor.
What do you even think you'redoing?
You don't have an MBA.
Who are you to teach otherpeople how to run businesses,
like all of these kind of things, right.
But when all of these thingscome up, I'm looking at the
other person, like well, theydon'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 thatthe things that I think are the
(05:06):
reasons why I can't do whatI've set out to do are not
really valid, like they're notvalid at all.
They're not valid at all.
And so I, on purpose, keepmyself in front of people who
are big dreamers, people who aredoing much better than I am in
business, people who havecrushed milestones that I
(05:27):
haven't even thought about.
Like I have a friend right andwe were talking and she was like
I'm so excited, I'm like whathappened?
She's like oh, like I just wentthrough this process and I'm
actually in the works for thebiggest contract of my life and
I'm like what is the contractworth?
She's like $133 million.
I'm like what?
(05:47):
And again it's not from thisplace of, oh, I saw I'll never
get there, not bad.
But like curiosity, like waitwhat?
And inspiration, and so itmakes me go like, okay, the goal
that I have that come on, Iguess you can do that, I can do
this, right, and so I just keepmyself in front of big people.
Now, when I say big people, bigdreamers.
Now, there are a number of waysyou can do this.
(06:10):
Some of that is books that youread.
Some of that is actual peoplethat you know.
Some of those are communitiesthat you join.
They may be communities thatyou pay to be a part of.
They may be communities a lotof them will be communities you
pay to be in, because thosepeople are usually behind
paywalls.
Okay, if you're talking aboutcommunities, right, and so
that's one thing that I do, andit helps me keep this self doubt
(06:32):
in check.
The second thing that I do andI do this on a regular basis is
that I trick my brain with myvision, right, so think about it
.
You may have maybe there's agoal you set in your business.
You didn't hit it and becauseof 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 whateverright.
(06:53):
Or you tried something.
Maybe you tried them, youdidn't launch and all this stuff
, and you're like I heard aboutthis launch thing, I'm going to
try it.
And you did it.
It didn't work, right.
And you're like, oh man, I suckat this, this will never work,
or those kinds of things.
Sometimes nothing really needsto happen.
Your brain will just offer youall kinds of thoughts, all kinds
of thoughts.
So I'm like, well, that's whatis happening, it's coming my way
(07:18):
and I'm reacting to that right,like it's coming my way and I'm
deciding all of these thingsWell, what if I played offense,
right?
What if I played offenseinstead of defense?
So, for instance, I run abusiness school for physicians.
It's called the Entra MDBusiness School.
It's a year-long program and Ihave been working.
We just started the beginningof our fourth year right Last
month.
(07:38):
So I have been workingconsistently on this product,
the Entra MD Business School foryears.
And I have choices.
I can allow my mind randomlytell me all the things it wants
to tell me about the school, orI can decide what my vision is
and keep that vision in front ofme.
And so one day I was like, youknow, this mindset chatter.
(08:01):
It's a lot.
And the reason why I'm tellingyou this and I'm using myself as
an example, is because I wantyou to be clear that there's
nothing wrong with you If thesethoughts keep showing up.
It doesn't mean, oh, I shouldhave.
Like sometimes people tell me Ishould have outgrown this.
I'm like that's not how thisworks, that's not how any of
this works, this is notsomething you'll grow, this is
something you figure out how tothrive and spread out.
(08:21):
And so I was like, well, sincemy mind is going to do this, let
me play offense.
I literally took a notebook andI wrote out my vision for the
school, right?
So the alternative businessschool is the number one
business school for physicians,producing more six, seven, eight
figure entrepreneurs than anyother business school.
I talked about the hundredthousand physicians that would
(08:42):
have helped.
So I went on and on and on indetail, 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 Istart off my day with it, my
work day with it, right, I havea whole morning routine for my
(09:03):
life, but my work day.
And so I pull this and I lookat it and I imagine it and I'm
like, okay.
The alternative business schoolis number one business school
for physicians, producing moresix, seven, eight figure
entrepreneurs than any otherbusiness school.
We have a hit eight yet.
We're really close, but wehaven't hit eight yet.
But still, that's my vision.
I keep it in front of me and Italk about how I'm perceived in
the marketplace.
(09:24):
I talk about how many studentsare in the school.
I talk about the kinds ofresults they're getting.
I'm talking about what theirlives look like because of the
results that they got and all ofthis things.
I go on and on until I'm donewith the four pages.
And what I've done is I'vecreated, like, big faith, right,
as opposed to self doubt.
So that's me playing offense.
(09:44):
I start my day that way,intentionally, so that that way,
when the self doubt, the more Ido that, the less the self
doubt has the opportunity tostop me, right, and so that's
what I do.
I trick my brain with that.
I do want to stop here and saythis, because if you're here,
(10:08):
chances are you're anentrepreneur, 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 afterI started my first business,
which was my private practice, Iwas out of it for like two or
three days.
I was so sad.
I was like what does this mean?
(10:29):
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 gothrough that and you build your
thick skin, the better.
And that thick skin doesn'tmean you don't respond to the
review and look for the validityof it and make changes in your
business.
It just means you don't let itmake you fall apart, right, and
(10:49):
so?
So that's what like.
So that's what happened to mewith that.
So I wanted to stop to say thishere that words, your words,
are not like air, they're notWithout consequence.
They're not that your wordshave power.
Your words really have power.
And so you, you want to becareful, because you can either
(11:12):
empower people with your wordsor you can destroy people with
your words.
And Are people going to commentyou and say negative things
about you and say negativethings about your business, and
are they going to do all of that?
Yes, but you can choose not tobe the person who does that.
You can choose to be thatperson.
You can choose to be the personwho empowers entrepreneurs,
(11:33):
especially if you're a physicianentrepreneur, because
entrepreneurship is one of theways we take care of the
craziness that's going on in thehealthcare space, right?
If you look at loss of autonomy, you look at burnout, you look
at the fact that 70% of privatepractices are owned by private
equity or Corporate entitieslike insurance companies and and
and stuff like that athospitals, so only 30% are owned
(11:55):
by physicians.
Right?
Learning about entrepreneurshipis the way we reverse that
trend and things like that.
So, when you see a physicianentrepreneur, 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 ofwhat is possible so we can
(12:15):
change the way the physiciancommunity is right.
So be the person.
You use your words to makepeople overcome their self-doubt
rather than Expand theirself-doubt.
It's not your responsibilityLike 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
(12:35):
that out.
That's extra Okay.
Number three number three isthe next principle.
So this is what this is atevery point in time as an
entrepreneur, the things thatyou don't know Will be more than
what, if always, this is nevergoing away the things that you
don't know will be more than thethings that you do now.
Okay, the things that you don'tknow how to do will always be
(12:59):
more than the things that you doknow how to do always.
And so when you start, whenyou're working as an
entrepreneur, there is thistendency to go like, oh, I don't
know how to do this and there'sthis new thing in the market.
I don't know how to do thateither, and I brought on I need
to bring on this team member.
I've never hired I've neverhired a CEO before.
Like I don't know how I'm goingto lead a CEO.
(13:20):
I've never hired another doctorin my private practice.
I don't know how I'm gonna leadthem.
I don't even know I'm gonnamake the payroll when I hire
somebody and pay them multiplesix figures, like there's always
going to be things that's like,ah, right, you then have, and
at that time, like yourself-doubt is on all time.
Hi, it's like there are allthese things that I don't know
and all of that.
But you have choices, right,even if you knew everything to
(13:45):
do, you wouldn't do everythingat the same time.
You just take the next step,right.
And so what I do one of thethings I do to stop self-doubt
from crippling me Is when itshows up and it's showing up
because I, all these things areoverwhelming and I don't know
what to do.
I'm like, okay, I don't knoweverything to do, but I always
(14:07):
know the next step to take.
I always know what I can doright now.
And so, the midst of all ofthat, I just picked the one
thing that is the next thing,and I just do that.
I Just pick the thing that'sthe 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 feelingsand I can feel like I don't know
(14:27):
everything, but I can moveforward.
So that's what I do, right.
And so what that means is, as Ifigure 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 timeinstead of being stuck, okay.
So I told her this and Herwords was like yes, I got this,
(14:48):
I'm out right, like she'sactually even hurting got me off
the phone.
Um, which is okay, I'll addressit later.
I'm kidding, but but she waslike let's go, as I want to
think.
I want you to think aboutyourself.
You may you may run a privatepractice, you may be a coach,
you may be a speaker, you mayhost events, you may be an
intrapreneur and you're building, or you also work a job, but
you're building a personal brandand you're monetizing that.
(15:10):
One of the things that you mustlearn to master is self-doubt.
So it's not going to go away.
You are just going to learn tostop 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 notgrowing as an entrepreneur, it
doesn't mean you're notimproving.
There's nothing you do that'llmake it go away.
(15:30):
Right, what you're going to dois stop it from stopping you so
it can stay there, but it getsto be in the passenger seat and
can just sit there and do itsthing.
But I'm still driving this car,I'm still going where I need to
go right.
So I really want you to embraceSurrounding yourself with
people who have done so muchmore than you've done.
They will inspire you, they'llkeep you in motion.
If it is a vulnerableenvironment, like the way the
(15:53):
on-train, the business school is, you will even share their
self-doubt.
To hear somebody who is, who isrunning a business that is
valued at 200 million, talkabout their self-doubt Really
puts it in perspective.
It's like, oh, apparently thisis not going anywhere, right?
So being in that environmentlike, do everything you can
(16:15):
Legally to be in environmentswhere there are people who what
they do, what they'veaccomplished, is so much that it
can almost intimidate you,that's how much it is.
You want to be in those kind ofenvironments because it
stretches, it causes you to growand it Can't really gets you to
to get out of your own way,especially if it's a vulnerable,
sharing environment.
(16:36):
I want to really challenge youto take the time, document your
vision and start tellingyourself that right.
So self-doubt is talking to you.
You let your vision talk to you.
All you have to do is put yourvision on paper and give it
voice, and your vision can talkto you.
I made the best man win, right.
And I want you to startpracticing the next principle
(16:58):
Overwhelming such a uselessemotion.
It's a useless feeling.
It will stop you every timewhen you feel that and it makes
you feel like you start downyourself and all of that.
Just think, in the middle ofall of this, what is the next
step, what is the thing that Ican do?
What is a revenue generatingactivity I can do right now,
while I figure all of this stuffout, if you do that, even on
(17:21):
your bad days, there will begreat days because you still
move forward, your businessstill move forward.
Maybe you still got new clients.
You serve them at the highestlevel, you got new referral
sources, so your business stillmoved 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 yearsago.
(17:42):
At this point, right, I used tolike this self doubt, that here
, all those things really usedto stop me.
I really used to believe a lotof the stuff and I was working
really hard to make the fear andthe self doubt go away.
And I had this moment where Irealized the fear is not going
to go away, the self doubt isnot going to go away.
(18:04):
And so I remember I was takinga walk in in in my neighborhood.
I remember exactly where I was.
I was like you know what, sincethe fear is not going to go
away, I'm just gonna just gonnapush you to the side.
You get to be in the passengerside in this car and I'm taking,
I'm taking the wheel and I'mgonna go where I'm going in
(18:26):
spite of all the stuff thatyou're doing.
So, feel free, say what you gotto say, do what you have to do,
but I'm going forward.
Right, you don't get to stop meanymore, you don't get to drive
, you don't get to be in chargeat all.
Okay, and I want you to get tothat place where you're
comfortable Even though there'sfear.
You're comfortable even thoughthey're self doubt.
You've mastered this that itdoesn't really matter.
(18:48):
I can still go forward.
I can still build verysuccessful businesses.
I can help a lot of people.
I can create financial freedomfor me and my family, even
though I feel self doubt.
Even though I feel fear likeit'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 Executingthese three strategies that I
(19:09):
gave you, and I cannot wait tocelebrate what you go on to
create Because of that.
So if this, if you got a lot ofvalue from this, I want you to
comment in the comment section.
Let me know that it was superhigh value for you, and then
grab the link of this, share itwith another Physician
entrepreneur in your life.
They would thank you forever.
(19:29):
Go be the boss of self doubt.
Hey, if you love listening tothe EntryMD podcast, I would
invite you to join EntryMD ondemand.
It is my signature subscriptionprogram that gives you access
to a library of business coursesDesigned to help you do one
thing as a physicianentrepreneur, and that is to
thrive.
Just head out to EntryMDcomforward slash on demand and I'd
(19:56):
love to have you join us.
See you on the inside.
Hi dogs, welcome to the OnChamD podcast, where it's
all about helping amazingphysicians just like you embrace
entrepreneurship so you canhave the freedom to live life
and practice medicine on yourterms.
I'm your host, dr Imna.
Now, today, we are going to belooking at how to stop
(00:26):
self-doubt from crippling you.
The reason why I bring this upis 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 thatcreeps up, and so sometimes
people think there's a bigproblem because they have doubts
(00:46):
.
But the truth of the matter isnothing could be further from
the truth.
This is something that's goingto show up multiple times,
especially if you're going to besomebody who keeps striving to
be more, keeps striving to domore.
Every time you take on a newproject, it's going to show up.
So the question is not whetherself-doubt shows up.
(01:07):
It is going to show up.
The question is, how do yourespond to it?
How do you move forward inspite of it?
How do you have endlessmomentum even though self-doubt
has shown up?
So the real inspiration for medoing this episode is I'm
talking to a mentee of mine andshe is doing so great.
She's in the middle of hersecond launch.
(01:27):
It's already a five-figurelaunch and it's not something
she's done before.
She's new to the world ofentrepreneurship.
And then doubt was showing upand so we started having this
whole conversation about it andwhen I was done, I was like you
know what?
I think I'm going to go sharethis.
This was really really reallygood.
Okay, so let's talk about that.
So I gave her three things thatI do, that I have done in the
(01:50):
last 14 years as an entrepreneur, to keep moving and keep
crushing like big milestones andall of those things in my
businesses, even self-doubt.
So the first thing the firstthing is really surrounding
myself with big dreamers, peoplewho are big dreamers, people
who are doing great things,people who are getting great
results, and this is like muchbigger than I am right Now.
(02:14):
I will say that this doesrequire that you have the
mindset of like when you'rearound people who are doing so
much better than you that yourreaction to that is huh, I
wonder how they did it.
I wonder what that's like.
It's an attitude of curiosityand maybe inspiration rather
than depression, like how comethey're doing that?
(02:34):
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 atall.
And so it does require thatattitude.
But really it's keeping bigdreamers around me.
And I'll give you an example.
I was in a meeting, and in thismeeting it was a bunch of
founders, female founders.
You have to have done at theseseven figures in revenue in the
(02:56):
last 12 months to be a member ofthat meeting.
And while we were sitting there, I remember one of the ladies
there saying, talking about herbusiness and talking about how
somebody offered to buy it andshe didn't think she needed to
sell because she was doing sogreat.
And so she made a statement.
She said at this point, we'redoing an easy million a month.
(03:16):
Okay, now, at that point intime, with Entremd I had just
crossed multiple six figures andnobody could tell me nothing,
right.
And so when she said easymillion 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 youdo to get to a point where not
(03:39):
only are you making a million amonth, like an easy million a
month, right Now, what that?
So when I think about that.
I think about the kind of teamthat that person will need, the
kind of challenges that comewith that and all of that.
And it's just a reminder for methat whatever challenge I'm
having in my business orwhatever problem in my business
is making me think like I can'tdo this and is making the soft
(04:01):
out creep up that the truth ofthe 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 theconclusion that this makes me
come to the problem is not theproblem.
The problem is who is facingthe problem.
(04:22):
Right, and so that's just myinspiration to grow.
So, even so, when I seechallenges which would normally
say, for instance, maybesomebody's like it weren't happy
with the service I provided,and I make that mean something,
all this self doubt creeps up orthe mind, the chatter is just
going you're not good enough.
You're not the kind of personwho can do this.
This doesn't work for you.
Look at that other person there.
(04:43):
Look at what they're doing.
You're a doctor.
What do you even think you'redoing?
You don't have an MBA.
Who are you to teach otherpeople how to run businesses,
like all of these kind of things, right.
But when all of these thingscome up, I'm looking at the
other person, like well, theydon'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 thatthe things that I think are the
(05:06):
reasons why I can't do whatI've set out to do are not
really valid, like they're notvalid at all.
They're not valid at all.
And so I, on purpose, keepmyself in front of people who
are big dreamers, people who aredoing much better than I am in
business, people who havecrushed milestones that I
(05:27):
haven't even thought about.
Like I have a friend right andwe were talking and she was like
I'm so excited, I'm like whathappened?
She's like oh, like I just wentthrough this process and I'm
actually in the works for thebiggest contract of my life and
I'm like what is the contractworth?
She's like $133 million.
I'm like what?
(05:47):
And again it's not from thisplace of, oh, I saw I'll never
get there, not bad.
But like curiosity, like waitwhat?
And inspiration, and so itmakes me go like, okay, the goal
that I have that come on, Iguess you can do that, I can do
this, right, and so I just keepmyself in front of big people.
Now, when I say big people, bigdreamers.
Now, there are a number of waysyou can do this.
(06:10):
Some of that is books that youread.
Some of that is actual peoplethat you know.
Some of those are communitiesthat you join.
They may be communities thatyou pay to be a part of.
They may be communities a lotof them will be communities you
pay to be in, because thosepeople are usually behind
paywalls.
Okay, if you're talking aboutcommunities, right, and so
that's one thing that I do, andit helps me keep this self doubt
(06:32):
in check.
The second thing that I do andI do this on a regular basis is
that I trick my brain with myvision, right, so think about it
.
You may have maybe there's agoal you set in your business.
You didn't hit it and becauseof 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 whateverright.
(06:53):
Or you tried something.
Maybe you tried them, youdidn't launch and all this stuff
, and you're like I heard aboutthis launch thing, I'm going to
try it.
And you did it.
It didn't work, right.
And you're like, oh man, I suckat this, this will never work,
or those kinds of things.
Sometimes nothing really needsto happen.
Your brain will just offer youall kinds of thoughts, all kinds
of thoughts.
So I'm like, well, that's whatis happening, it's coming my way
(07:18):
and I'm reacting to that right,like it's coming my way and I'm
deciding all of these thingsWell, what if I played offense,
right?
What if I played offenseinstead of defense?
So, for instance, I run abusiness school for physicians.
It's called the Entra MDBusiness School.
It's a year-long program and Ihave been working.
We just started the beginningof our fourth year right Last
month.
(07:38):
So I have been workingconsistently on this product,
the Entra MD Business School foryears.
And I have choices.
I can allow my mind randomlytell me all the things it wants
to tell me about the school, orI can decide what my vision is
and keep that vision in front ofme.
And so one day I was like, youknow, this mindset chatter.
(08:01):
It's a lot.
And the reason why I'm tellingyou this and I'm using myself as
an example, is because I wantyou to be clear that there's
nothing wrong with you If thesethoughts keep showing up.
It doesn't mean, oh, I shouldhave.
Like sometimes people tell me Ishould have outgrown this.
I'm like that's not how thisworks, that's not how any of
this works, this is notsomething you'll grow, this is
something you figure out how tothrive and spread out.
(08:21):
And so I was like, well, sincemy mind is going to do this, let
me play offense.
I literally took a notebook andI wrote out my vision for the
school, right?
So the alternative businessschool is the number one
business school for physicians,producing more six, seven, eight
figure entrepreneurs than anyother business school.
I talked about the hundredthousand physicians that would
(08:42):
have helped.
So I went on and on and on indetail, 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 Istart off my day with it, my
work day with it, right, I havea whole morning routine for my
(09:03):
life, but my work day.
And so I pull this and I lookat it and I imagine it and I'm
like, okay.
The alternative business schoolis number one business school
for physicians, producing moresix, seven, eight figure
entrepreneurs than any otherbusiness school.
We have a hit eight yet.
We're really close, but wehaven't hit eight yet.
But still, that's my vision.
I keep it in front of me and Italk about how I'm perceived in
the marketplace.
(09:24):
I talk about how many studentsare in the school.
I talk about the kinds ofresults they're getting.
I'm talking about what theirlives look like because of the
results that they got and all ofthis things.
I go on and on until I'm donewith the four pages.
And what I've done is I'vecreated, like, big faith, right,
as opposed to self doubt.
So that's me playing offense.
(09:44):
I start my day that way,intentionally, so that that way,
when the self doubt, the more Ido that, the less the self
doubt has the opportunity tostop me, right, and so that's
what I do.
I trick my brain with that.
I do want to stop here and saythis, because if you're here,
(10:08):
chances are you're anentrepreneur, 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 afterI started my first business,
which was my private practice, Iwas out of it for like two or
three days.
I was so sad.
I was like what does this mean?
(10:29):
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 gothrough that and you build your
thick skin, the better.
And that thick skin doesn'tmean you don't respond to the
review and look for the validityof it and make changes in your
business.
It just means you don't let itmake you fall apart, right, and
(10:49):
so?
So that's what like.
So that's what happened to mewith that.
So I wanted to stop to say thishere that words, your words,
are not like air, they're notWithout consequence.
They're not that your wordshave power.
Your words really have power.
And so you, you want to becareful, because you can either
(11:12):
empower people with your wordsor you can destroy people with
your words.
And Are people going to commentyou and say negative things
about you and say negativethings about your business, and
are they going to do all of that?
Yes, but you can choose not tobe the person who does that.
You can choose to be thatperson.
You can choose to be the personwho empowers entrepreneurs,
(11:33):
especially if you're a physicianentrepreneur, because
entrepreneurship is one of theways we take care of the
craziness that's going on in thehealthcare space, right?
If you look at loss of autonomy, you look at burnout, you look
at the fact that 70% of privatepractices are owned by private
equity or Corporate entitieslike insurance companies and and
and stuff like that athospitals, so only 30% are owned
(11:55):
by physicians.
Right?
Learning about entrepreneurshipis the way we reverse that
trend and things like that.
So, when you see a physicianentrepreneur, 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 ofwhat is possible so we can
(12:15):
change the way the physiciancommunity is right.
So be the person.
You use your words to makepeople overcome their self-doubt
rather than Expand theirself-doubt.
It's not your responsibilityLike 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
(12:35):
that out.
That's extra Okay.
Number three number three isthe next principle.
So this is what this is atevery point in time as an
entrepreneur, the things thatyou don't know Will be more than
what, if always, this is nevergoing away the things that you
don't know will be more than thethings that you do now.
Okay, the things that you don'tknow how to do will always be
(12:59):
more than the things that you doknow how to do always.
And so when you start, whenyou're working as an
entrepreneur, there is thistendency to go like, oh, I don't
know how to do this and there'sthis new thing in the market.
I don't know how to do thateither, and I brought on I need
to bring on this team member.
I've never hired I've neverhired a CEO before.
Like I don't know how I'm goingto lead a CEO.
(13:20):
I've never hired another doctorin my private practice.
I don't know how I'm gonna leadthem.
I don't even know I'm gonnamake the payroll when I hire
somebody and pay them multiplesix figures, like there's always
going to be things that's like,ah, right, you then have, and
at that time, like yourself-doubt is on all time.
Hi, it's like there are allthese things that I don't know
and all of that.
But you have choices, right,even if you knew everything to
(13:45):
do, you wouldn't do everythingat the same time.
You just take the next step,right.
And so what I do one of thethings I do to stop self-doubt
from crippling me Is when itshows up and it's showing up
because I, all these things areoverwhelming and I don't know
what to do.
I'm like, okay, I don't knoweverything to do, but I always
(14:07):
know the next step to take.
I always know what I can doright now.
And so, the midst of all ofthat, I just picked the one
thing that is the next thing,and I just do that.
I Just pick the thing that'sthe 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 feelingsand I can feel like I don't know
(14:27):
everything, but I can moveforward.
So that's what I do, right.
And so what that means is, as Ifigure 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 timeinstead of being stuck, okay.
So I told her this and Herwords was like yes, I got this,
(14:48):
I'm out right, like she'sactually even hurting got me off
the phone.
Um, which is okay, I'll addressit later.
I'm kidding, but but she waslike let's go, as I want to
think.
I want you to think aboutyourself.
You may you may run a privatepractice, you may be a coach,
you may be a speaker, you mayhost events, you may be an
intrapreneur and you're building, or you also work a job, but
you're building a personal brandand you're monetizing that.
(15:10):
One of the things that you mustlearn to master is self-doubt.
So it's not going to go away.
You are just going to learn tostop 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 notgrowing as an entrepreneur, it
doesn't mean you're notimproving.
There's nothing you do that'llmake it go away.
(15:30):
Right, what you're going to dois stop it from stopping you so
it can stay there, but it getsto be in the passenger seat and
can just sit there and do itsthing.
But I'm still driving this car,I'm still going where I need to
go right.
So I really want you to embraceSurrounding yourself with
people who have done so muchmore than you've done.
They will inspire you, they'llkeep you in motion.
If it is a vulnerableenvironment, like the way the
(15:53):
on-train, the business school is, you will even share their
self-doubt.
To hear somebody who is, who isrunning a business that is
valued at 200 million, talkabout their self-doubt Really
puts it in perspective.
It's like, oh, apparently thisis not going anywhere, right?
So being in that environmentlike, do everything you can
(16:15):
Legally to be in environmentswhere there are people who what
they do, what they'veaccomplished, is so much that it
can almost intimidate you,that's how much it is.
You want to be in those kind ofenvironments because it
stretches, it causes you to growand it Can't really gets you to
to get out of your own way,especially if it's a vulnerable,
sharing environment.
(16:36):
I want to really challenge youto take the time, document your
vision and start tellingyourself that right.
So self-doubt is talking to you.
You let your vision talk to you.
All you have to do is put yourvision on paper and give it
voice, and your vision can talkto you.
I made the best man win, right.
And I want you to startpracticing the next principle
(16:58):
Overwhelming such a uselessemotion.
It's a useless feeling.
It will stop you every timewhen you feel that and it makes
you feel like you start downyourself and all of that.
Just think, in the middle ofall of this, what is the next
step, what is the thing that Ican do?
What is a revenue generatingactivity I can do right now,
while I figure all of this stuffout, if you do that, even on
(17:21):
your bad days, there will begreat days because you still
move forward, your businessstill move forward.
Maybe you still got new clients.
You serve them at the highestlevel, you got new referral
sources, so your business stillmoved 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 yearsago.
(17:42):
At this point, right, I used tolike this self doubt, that here
, all those things really usedto stop me.
I really used to believe a lotof the stuff and I was working
really hard to make the fear andthe self doubt go away.
And I had this moment where Irealized the fear is not going
to go away, the self doubt isnot going to go away.
(18:04):
And so I remember I was takinga walk in in in my neighborhood.
I remember exactly where I was.
I was like you know what, sincethe fear is not going to go
away, I'm just gonna just gonnapush you to the side.
You get to be in the passengerside in this car and I'm taking,
I'm taking the wheel and I'mgonna go where I'm going in
(18:26):
spite of all the stuff thatyou're doing.
So, feel free, say what you gotto say, do what you have to do,
but I'm going forward.
Right, you don't get to stop meanymore, you don't get to drive
, you don't get to be in chargeat all.
Okay, and I want you to get tothat place where you're
comfortable Even though there'sfear.
You're comfortable even thoughthey're self doubt.
You've mastered this that itdoesn't really matter.
(18:48):
I can still go forward.
I can still build verysuccessful businesses.
I can help a lot of people.
I can create financial freedomfor me and my family, even
though I feel self doubt.
Even though I feel fear likeit'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 Executingthese three strategies that I
(19:09):
gave you, and I cannot wait tocelebrate what you go on to
create Because of that.
So if this, if you got a lot ofvalue from this, I want you to
comment in the comment section.
Let me know that it was superhigh value for you, and then
grab the link of this, share itwith another Physician
entrepreneur in your life.
They would thank you forever.
(19:29):
Go be the boss of self doubt.
Hey, if you love listening tothe EntryMD podcast, I would
invite you to join EntryMD ondemand.
It is my signature subscriptionprogram that gives you access
to a library of business coursesDesigned to help you do one
thing as a physicianentrepreneur, and that is to
thrive.
Just head out to EntryMDcomforward slash on demand and I'd
(19:56):
love to have you join us.
See you on the inside.
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