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    Girls That Startup: How to Have Confidence to Start Your Business

    enSeptember 27, 2023
    What services does Sharesight's investment dashboard provide?
    How many stocks, ETFs, and funds can investors access on Sharesight?
    What special offer is currently available for new Sharesight subscribers?
    How does Stripe's tap to pay benefit businesses?
    What key lesson did Maya learn about confidence in business?

    Podcast Summary

    • Manage and track investments with Sharesight's comprehensive dashboardSharesight's investment dashboard offers access to over 500,000 stocks, ETFs, and funds, integration with over 200 platforms, and advanced performance metrics, allowing investors to have a clear and organized view of their entire portfolio and streamline tax reporting.

      Sharesight's investment dashboard offers a comprehensive solution for managing and tracking investments, with access to over 500,000 stocks, ETFs, and funds, and integration with over 200 platforms. This allows investors to have a clear and organized view of their entire portfolio, including performance metrics, dividend gains, and currency fluctuations, all through intuitive graphs and visualizations. Additionally, Sharesight is currently offering a special deal for new annual premium plan subscribers: a 4-month extension at no extra cost. This platform goes beyond the limited insights provided by brokerage statements and streamlines tax reporting, making it an attractive option for investors looking to deepen their understanding of their investment performance.

    • Embracing vulnerability in entrepreneurshipVulnerability is a natural part of entrepreneurship, and leaning into discomfort can lead to growth and learning.

      Starting a business involves vulnerability, and it can be nerve-wracking to put yourself out there and face criticism. This vulnerability can be amplified when the business idea is unconventional or goes against the norm. For instance, starting a woman investing company during a time when it wasn't popular would make one feel more vulnerable. The fear of criticism and rejection can be soul-crushing. However, it's important to remember that vulnerability is a natural part of the entrepreneurial journey. Leaning into the discomfort and embracing the cringe moments can help you grow and learn. The internet and social media platforms like Instagram have made it easier for younger generations to put themselves out there, but for those who grew up before this norm, it can still feel uncomfortable. However, confidence comes from within, and it's essential to believe in your ideas and learn from your mistakes. Successful business owners have all been through the cringe phase, and it's an essential part of the journey.

    • Develop confidence through action and experienceConfidence is not an inherent trait, but something that grows as you take action and receive feedback, building proof of your abilities and making a difference.

      Confidence is not an inherent trait, but something that is developed through action and experience. When starting out, it can be intimidating to put yourself out there and share your opinions or talents with the world. But as you continue to take action and receive feedback, even if it's small or seemingly insignificant, you begin to build proof that you can succeed. This proof, in turn, helps to bolster your confidence. Confidence is not something that can be learned through a manual or a degree, but rather through the act of doing and the accumulation of evidence that you can make a difference. This idea can be applied to various aspects of life, from starting a business to learning a new skill or even something as simple as learning to drive. The more you put yourself out there and take action, the easier it becomes. So, if you're feeling uncertain or unsure, remember that confidence is something that can be developed over time through consistent action and experience.

    • Overcoming Nervousness and Learning New SkillsDespite feeling uncertain or nervous, trust in your abilities and leverage resources like Stripe's tap to pay on iPhone to simplify contactless payments and expand business reach.

      No matter how nervous or uncertain you may feel, you have the capability to learn new skills and overcome challenges, just like the "dumbest person" you know who managed to get their driver's license. Maya shared her personal experience of feeling confident in her daily life but still experiencing nervousness when starting her business, highlighting that vulnerability and putting yourself out there can be uncomfortable but necessary. For business owners, every transaction represents the culmination of their hard work and dedication. Stripe's tap to pay on iPhone offers a game-changing solution for businesses of all sizes to simplify contactless payments, increase revenue, expand reach, and enhance customer experience, with no additional hardware required. Maya emphasized that she once experienced imposter syndrome but learned that the more she put herself out there, the easier it became. So, remember, even if you feel uncertain or nervous, trust in your abilities and take advantage of resources like tap to pay on iPhone and Stripe to help you succeed.

    • Imposter Syndrome and the Value of Sharing KnowledgeDespite feeling like we don't know enough, our knowledge is valuable to others. Overcoming imposter syndrome involves focusing on what we do know and sharing it to inspire learning and make a positive impact.

      No matter how much we think we don't know in our area of expertise, someone else sees us as an expert and looks up to us for knowledge. This was a realization the speaker had during a venture capital event where she felt out of place due to the lack of diversity. Despite feeling like she knew only a small percentage of what was out there, she recognized that her knowledge was valuable to others. To overcome feelings of imposter syndrome, she found comfort in the quote by Rob Dial that emphasizes the vastness of knowledge in any field. By focusing on what we do know and sharing it with others, we can make a positive impact and inspire learning. The event served as a reminder that change is necessary and that everyone has something valuable to contribute, regardless of their background or demographic.

    • The importance of humility and common sense in sharing knowledgeSeeking help and admitting uncertainty shows intelligence and growth. Common sense to experts may be new knowledge to others, so share with respect and clarity.

      It's okay not to know everything and seeking help is a sign of intelligence and growth. It's comforting to know that even those who are experts in their fields don't have all the answers, and that's normal. The speaker shared an experience of an ophthalmologist who didn't hesitate to admit he didn't know something and went to get help. This story illustrates the importance of humility. The speaker also emphasized that a significant portion of knowledge in any field is common sense to those who are knowledgeable in it, but not to everyone else. Therefore, when sharing knowledge, it's important to remember that what seems common sense to us may be new and valuable information to others. To improve confidence in business, the speaker suggested not waiting for confidence to come but taking action despite feeling uncertain. Confidence is built through experience and learning, so it's essential to keep expanding our knowledge and skills.

    • Learning from Failures and Seeking Help Builds ConfidenceConfidence in starting a business comes from learning through failures and seeking help when needed. Remember that everyone faces challenges and progress is unique, and seeking help is a powerful tool, not a weakness.

      Confidence comes from learning through failure and seeking help when needed. It's important to remember that everyone, including experts, encounter challenges and uncertainty. Building confidence in starting a business may require additional time and effort, and it's essential to understand that everyone's progress is unique. Additionally, it's crucial to acknowledge that seeking help and learning from others is a powerful tool, rather than a sign of weakness. Lastly, always remember that Girls at Startup provides educational content and is not a substitute for personalized financial advice. Keep learning, keep trying, and don't hesitate to ask for help when needed.

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