Self-esteem for entrepreneurs

Confidence is a condition you manifest when you do things with competence. Self-esteem is a belief level you buy into about yourself, when you’re not doing anything at all. To enjoy a great life and a rich business or career, they are both needed to be mastered.

I consider myself an emotionally healthy person. I also know that I can always improve myself. I’m interested in learning things that can make me more effective with my business, my personal relationships and things that provide me with a more fulfilled life.

Back in January Alan Weiss, a coach and mentor of mine for the past decade, offered a one-day workshop on self-esteem. Alan is known as the million dollar consultant. He’s authored over 40 books, works all over the world and has guided me on many business projects. His Self-Esteem Workshop was $2,500 and limited to 6 people in every workshop, it was sold out until April.

There’s no debate here, lower than peak self-esteem is bad for business. If you are a start-up, it can make the difference in you raising needed funds. If you are a growing business it can cost you new clients. If you are employed it can stump your advancement. In all cases, low self-esteem enables price, valuation, compensation discounting and costly over-giving of goods and services too.

I attended Alan’s workshop this past week in Warwick, RI to help take my business to a higher level. It was an excellent investment in time and money.

Consistent with Alan’s tough-love style of coaching, the workshop wasn’t hoo-rah-rah at all. There was no flood of compliments or achievement praised. There were a lot of open and candid discussions about where human doubt and questionable self-worth comes from and how to dump the debris that brings down anyone’s esteem level.

Before the workshop, I knew the root of many of my green monster issues, but after spending the day with Alan and a great group of other highly-accomplished consultants, I better understood how to re-frame the past, dump the garage and power forward with a stronger direction and intent. I also learned a lot about how to sustain high self-worth in the most challenging of situations.

The three biggest take-a-ways for me were:
1) The perfect self-esteem cocktail is 1-part listen to others (that you request, unsolicited feedback is useless) and 3-parts listen to yourself.
This means accept feedback from qualified givers, not others who have some axe to grind or bigger issues than yourself.

2) Having an accurate feedback grading system is key.
Many of the most damaging and negative beliefs that imprint adult self-doubt comes from our parents because as children, they were our primary authoritative figures. This dominating influence can apply to professional settings too. This does not make either of them right. Use realistic measures to evaluate criticism.

3) Positive reinforcing environments and relationships are critical, not optional.
Birds of a feather flock together. A scrappy nest is not where you want to be. Hang with other highly-esteemed people and make sure your work space is empowering and inspirational. If it’s not, change it.

Alan Weiss is not for everyone. He’s not inexpensive, his content is not sappy and sugar-coated. If you are serious about taking your business to the next level, I’d look at some of his offerings. If nothing else, sign up for his weekly newsletter, it’s free and one of the best things I read and enjoy every week.

In closing, here’s another good article on the subject on of self-worth. It’s written by one of my favorite tweeters @yourpocketguru, follow him and me @brandingdiva on Twitter for some short gems of insight on a all kinds of topics.