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    Girls That Startup: Why Perfection Is Holding You Back in Your Business

    enAugust 28, 2024
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    Podcast Summary

    • Perfectionism and ProgressPerfectionism can hinder progress by causing unnecessary stress and anxiety, delaying or even abandoning projects. Recognize it, set realistic goals, and focus on progress rather than perfection.

      Perfectionism, while it can drive high performance and top-quality work, can also lead to unnecessary anxiety and hinder progress. Sim, a seven-figure business owner, shared her experience with perfectionism, admitting that she thought she wasn't a perfectionist until she realized that her fear of putting imperfect content out there was holding her back. According to the Harvard Business Review, perfectionism is a personality disposition characterized by striving for flawlessness and setting exceedingly high standards. However, it can also cause unnecessary stress and prevent action. Sim identified her perfectionism mostly stemmed from creative ventures, where she had a clear vision in her head but doubted her ability to execute it perfectly. Maya, a solopreneur, also shared her realization that being a perfectionist doesn't necessarily mean everything must be clean and organized but can also mean being scared to try new things or take risks due to fear of failure or criticism. In business, perfectionism can make it difficult to launch products or services, as entrepreneurs may delay or even abandon projects due to fear of imperfection. To overcome perfectionism, it's essential to recognize it, set realistic goals, and focus on progress rather than perfection.

    • Perfectionism and fear of mistakesEmbracing imperfection and creativity is crucial for growth, but fear of making the wrong decision and being criticized can hinder progress and lead to missed opportunities.

      Perfectionism and fear of making mistakes can significantly hinder personal and business growth. The speaker shared how she initially embraced imperfection and creativity when starting her business, but as it grew, her fear of making the wrong decision and being "canceled" in the current cultural climate paralyzed her. She expressed concern about potential exclusion and outdated views, leading her to be overly cautious and hesitant to introduce new products or services. This fear resulted in prolonged delays and missed opportunities, ultimately impacting her business negatively. The speaker acknowledged the importance of growth, reflection, and giving grace to oneself and others. She emphasized the need to balance being aware of potential issues and being open to learning and evolving.

    • Perfectionism in BusinessAcknowledging perfectionism can help overcome it, focusing on enjoyment and demand can move us forward, small imperfections won't define us, and seeking feedback can improve offerings.

      Acknowledging and recognizing perfectionism can be the first step to overcoming it in business. Perfectionism can prevent us from trying new things and taking risks, but acknowledging it and focusing on the enjoyment and demand for what we're offering can help us move forward. It's important to remember that small imperfections or mistakes won't define us or our businesses, and seeking feedback from others can provide reassurance and help improve our offerings. By focusing on the positive and what fuels us, we can continue to grow and serve our communities.

    • Brand Identity & Multiple Instagram AccountsMaintaining a clear business identity for different aspects is essential, but managing multiple Instagram accounts can be overwhelming. Find the right balance between branding, audience engagement, and manageability.

      When it comes to managing multiple Instagram accounts for different business aspects, it's essential to consider your brand identity and audience. The individual running the accounts is considering creating separate Instagram accounts for "Girls at Invest" and "Girls that Start Up," but was unsure whether to keep them under one account or make them separate. The community's feedback suggested keeping it all under the primary Instagram account, but the individual ultimately decided to create a separate account for business content while cross-posting relevant content on both accounts. The concern was that having multiple accounts might feel overwhelming, but it was seen as necessary to maintain a clear business identity for each aspect. Ultimately, the decision is about finding the right balance between branding, audience engagement, and manageability.

    • Perfectionism in BusinessPerfectionism can hinder progress but also has positive aspects. Understand the two types of perfectionists and keep working towards goals despite setbacks. Safeguard personal branding through separate business channels.

      Perfectionism, when taken to an extreme, can hinder progress in business. However, there are positive aspects to perfectionism that can be harnessed. According to the book "Pursuit of Perfect," there are two types of perfectionists: the aggressive type who believes in a straight line to achieving goals with no roadblocks, and the optimistic type who accepts that the journey to reaching goals will not look the same for everyone and may encounter setbacks. To make the most of perfectionism, it's essential to understand that goals can still be achieved, but the path to getting there may not be straightforward. It's important to keep working towards the goal despite any setbacks or roadblocks that may arise. Additionally, having separate business channels, as discussed, can be a way to safeguard against potential negative impacts on personal branding.

    • Embracing FailureBeing open to failure and flexible with goals can lead to greater success in the long run, as compared to rigid perfectionism and inflexible plans.

      Embracing failure and allowing for flexibility in your goals can lead to greater success in the long run. Neuroscientist Alexis Vanidis emphasizes the importance of factoring in failure and unexpected setbacks, comparing it to the 80/20 rule where consistency is key, but allowing for indulgences leads to sustainability. Perfectionism and rigid adherence to plans can hinder progress, so being open to pivoting and adapting when faced with challenges can ultimately help you reach your objectives. Remember, even the most detailed plans will not go exactly as intended, so being prepared for the inevitable setbacks and embracing them as opportunities for growth can make all the difference.

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