Imposter Syndrome: A Common Challenge for Achieving Success
- Brett Schulman, CEO of Cava, discusses how imposter syndrome is not entirely negative for one's career.
- He believes that self-doubt can motivate individuals to improve and achieve greater success.
- The commentary suggests embracing these feelings rather than seeing them as purely harmful.
Published on July 16, 2024, a recent discussion highlights the widespread experience of imposter syndrome, with up to 82% of individuals feeling inadequate at some point in their lives. This phenomenon, characterized by feelings of self-doubt and fraudulence, can serve as a double-edged sword. While it may hinder confidence, experts like Schulman argue that it can also prevent overconfidence, prompting individuals to seek improvement and growth. Notably, Barbara Corcoran, a prominent investor on ABC's "Shark Tank," actively seeks out entrepreneurs who exhibit signs of imposter syndrome. She believes that such individuals often possess the ambition necessary for success. Schulman, who identifies with this struggle, emphasizes the importance of leveraging one's professional network during moments of self-doubt. He encourages individuals to reach out to respected business leaders, reinforcing the idea that seeking guidance is a strength, not a weakness. For those lacking a robust network, Lisa Skeete Tatum, CEO of Landit, suggests creating a "personal board of directors." This board should include a mentor, a sponsor, a close friend, an expert in the field, and a connector who can facilitate introductions. By codifying these relationships, individuals can ensure they have the support needed to navigate their careers effectively. In light of these insights, CNBC is offering an online course aimed at enhancing financial wellness, encouraging individuals to take proactive steps toward achieving their goals.