Yasmin Walter of KMD Books is a multi-award-winning entrepreneur, international bestselling author and modern publisher based in Australia.
When starting your own business, imposter syndrome is that nagging feeling that you’re not really cut out for entrepreneurship despite your knowledge, skills and passion. It’s that voice in your head that makes you doubt whether you have what it takes to succeed and achieve your goals.
When I kick off a new project, there are times I catch myself wondering if I’ve bitten off more than I can chew. If you are like me, you may find yourself experiencing imposter syndrome due to a few reasons.
Perfectionism
As a perfectionist, I frequently find myself ensnared by imposter syndrome. The insistence on setting unrealistically high standards can have you believing that anything less than perfection signifies a lack of competence or worthiness of achievement. This tendency can compel you to allocate excessive time to a project, driven by the conviction that it must meet the highest level of flawlessness.
Comparisons To Established Entrepreneurs
Consistently drawing comparisons with more seasoned entrepreneurs can trigger feelings of inadequacy within yourself. I find that observing those who have significantly more experience tends to foster a sense of insufficiency, even in the presence of your own notable accomplishments. It can make you question your ability to measure up and generate a meaningful impact within your market.
High-Achieving Environment
Being immersed in competitive and high-achieving surroundings can leave you susceptible to imposter syndrome. The unceasing pressure to excel, coupled with the presence of accomplished peers, often casts doubts on your capabilities. I find that the constant striving for excellence can sometimes magnify the feeling that I’m not truly deserving of my achievements.
Early Criticism Or Failure
Past instances of criticism or failure can also play a significant role in fostering imposter syndrome. Experiencing setbacks or receiving harsh criticism can lead you to internalize self-doubt. This can then contribute to the belief that any future success might merely be a result of chance rather than your own skills.
The daunting task of ensuring the success of your business can become overwhelming under the shadow of imposter syndrome, amplifying the fear of failing. This, in turn, can evoke worries that any missteps or setbacks you encounter could be indicative of your own incompetence rather than an integral part of the learning curve.
Underrepresentation
Being an Asian woman in a business landscape marked by underrepresentation has been a source of continuous challenge for me. Stereotypes and biases have, at times, led me to question my abilities, even when faced with substantial accomplishments. This sense of not fully belonging and having to face prevailing stereotypes can also feed imposter syndrome, making you doubt whether you can genuinely excel in a field.
Lack Of Experience
Despite thorough preparations and a comprehensive business plan, my imposter syndrome often stems from a lack of practical experience. The fear of inadequacy in navigating the intricate intricacies of running a business can cast doubt on the ability to succeed.
Feeling Like I’m Faking It
Even though I’ve outlined a clear vision and strategy for my business, imposter syndrome frequently prompts me to believe that I’m merely “faking” my way through the entrepreneurial journey. I worry that others will eventually discern that I don’t possess all the answers. Additionally, the tendency to attribute my successes to luck, external factors or the assistance of others rather than recognizing my own skills and hard work sometimes creates a pervasive sense that my accomplishments lack authenticity.
This type of internal attribution bias reinforces the notion that you are not truly deserving of the successes you’ve achieved. The fake it til you make it saying couldn’t hit closer to home.
Overcoming Imposter Syndrome
Self-Awareness
I’ve discovered that it’s essential to undertake a conscious and proactive approach to overcome imposter syndrome, especially as a businesswoman. First, you need to acknowledge and recognize the emotions and self-doubts that imposter syndrome brings about. This self-awareness forms the foundation for initiating change. By acknowledging these feelings, you are taking a crucial step toward dismantling its power over you. Tell yourself, “I can do this.”
Changing The Narrative
Shifting your perspective is another key aspect. I’ve found that reframing negative thoughts is instrumental in challenging the grip of imposter syndrome. Instead of fixating on your perceived shortcomings, you can focus on your strengths, skills and value you bring to your business. Changing the narrative from self-doubt to self-confidence can help you regain control over your mindset and outlook.
Seeking Support
Seeking support has been invaluable on my entrepreneurial journey. Engaging with mentors or peers who have experienced similar struggles can offer you guidance and reassurance. These mentors can not only provide practical advice but also share their own stories of overcoming imposter syndrome. My mentors’ guidance has helped remind me that I’m not alone in this battle and that seeking help is a sign of strength, not weakness.
Celebrating Small Wins
Celebrating small wins is crucial. Rather than letting imposter syndrome overshadow my achievements, I’ve learned to celebrate even the smallest victories. Acknowledging these successes can help you build your self-confidence and gradually chip away at the doubts that imposter syndrome tends to instill.
You Are Not Alone
One of the most reassuring realizations has been that imposter syndrome is far from unique to me. Many successful entrepreneurs, even the ones I admire, have faced similar doubts and uncertainties at some point in their journeys. This reminder can help put your struggles into perspective and help you recognize that imposter syndrome is a shared challenge, not a personal flaw. It’s a common thread among those who strive for greatness.
Ultimately, overcoming imposter syndrome as an entrepreneur is about cultivating a resilient mindset and nurturing self-belief. Recognizing the feelings, reframing negative thoughts, seeking support and focusing on achievements help form a powerful toolkit that can propel you forward.
I’m beginning to understand that imposter syndrome doesn’t define my potential; it’s just a hurdle—one that I can overcome on my path to success. You need to believe that you are capable of more than you credit yourself for.
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