105. Imposter syndrome and your inevitable $10k meltdown

105. Imposter syndrome and your inevitable $10k meltdown

Embracing Imposter Syndrome: The Unspoken Truths Business Gurus Avoid

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I remember the first time I heard the term "imposter syndrome."

I was a young business strategist trying to break into an industry packed with so-called "gurus" and experts.

The term felt like a diagnosis of a condition I’d been suffering from silently my entire career.

In this episode, we're going to dig into what these gurus won’t tell you about imposter syndrome, especially when you have ADHD.

Hi, I’m Katie McManus, business strategist and money mindset coach, and in this episode, I’m pulling back the curtain on this pervasive issue and giving you real strategies to overcome it.

Every entrepreneur hits new milestones.

You might go from zero to $5,000 a month, and suddenly, that goalpost moves to $10,000.

But guess what?

The moment you hit $10,000 a month, you're gleeful for about five minutes before you experience what I call a “10k meltdown.”

Your success becomes the new normal, and the pressure to maintain it mounts.

And with ADHD in the mix, the self-doubt and constant need to measure up can be debilitating.

We're conditioned to seek external validation in an environment that offers no grades or lunchroom invitations.

So how do you break free from a cycle designed to make you feel like an imposter?

That's what we're exploring in this episode.

Once you’ve listened, you’ll learn critical strategies like embracing your authentic self and facing fears head-on.

Instead of waiting for the world to tell you how good you are, you’ll understand why it’s crucial to cultivate internal self-worth.

Empowering yourself isn’t just about getting rid of imposter syndrome; it’s about stepping into your power, making bold moves, and letting your unique qualities shine.

By the end of this episode, you won't merely be informed; you'll be equipped to transform your mindset and scale your business without letting self-doubt hold you back.

Timestamped summary

00:00 Success triggers imposter syndrome, especially with ADHD.

04:58 Imposter syndrome stems from broken confidence training.

07:36 External validation doesn't determine self-worth.

11:47 Don't let fear control your business visibility.

16:19 Be authentic to help clients and yourself.

19:06 Embrace uniqueness, overcome imposter syndrome confidently.

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Katie McManus

In this episode, we're going to talk about what the gurus will not tell you about imposter syndrome.

Katie McManus

Hi, I'm Katie McManus, business strategist and money mindset coach.

Katie McManus

And welcome to a genecast squirrel.

Katie McManus

There's a saying I use with my clients, new level, new devil.

Katie McManus

When a client will go from $0 a month to $5,000 a month in their business, you'd be shocked how quickly it becomes not a big deal.

Katie McManus

You'd be shocked how quickly that massive success of building a $60,000 a year business becomes completely unimpressive against their new goal of $10,000 a month.

Katie McManus

Right.

Katie McManus

And once they hit $10,000 a month, they'll be happier for, you know, about five minutes, and then they'll have a complete meltdown.

Katie McManus

And this has happened more times than I can count.

Katie McManus

I call it the ten k meltdown because they hit $10,000 a month and then they completely melt down over the fact that that is now the standard for being successful.

Katie McManus

They have to recreate it every single month, which usually doesn't happen.

Katie McManus

Usually it takes another, like, handful of months to build up to a solid, consistent $10,000 a month.

Katie McManus

But it doesn't matter what level of your career, what level of success you reach in your business, you're always going to feel like you're an imposter.

Katie McManus

And this hits particularly hard for those of us with ADHD, because if you think about how we've lived our lives, we've constantly lived our lives trying to pretend we're just like everyone else, and we do this without even consciously thinking of it, you know, how good are you at appearing to be very attentive in a meeting?

Katie McManus

How good are you at looking super interested on a Zoom call?

Katie McManus

I bet you're also pretty good at appearing busy when you have a big project that you're procrastinating doing.

Katie McManus

We all know that feeling where your boss, or like, someone who has some kind of stake in what you're doing, comes by.

Katie McManus

Oh, are you working on that thing?

Katie McManus

Yeah, absolutely.

Katie McManus

Mm hmm.

Katie McManus

Yeah, totally.

Katie McManus

Absolutely.

Katie McManus

Not going down a Wikipedia wormhole about Henry VIII and his wives.

Katie McManus

No, never.

Katie McManus

Not me.

Katie McManus

There's this great story about the author, Neil Gaiman, who, by the way, is one of my favorite writers of all time.

Katie McManus

He wrote good omens, american gods, the graveyard book, so many incredible books.

Katie McManus

And if you have not checked out good omens on prime, I urge you to.

Katie McManus

It's so good.

Katie McManus

If you don't like it, then we can't be friends.

Katie McManus

I've honestly watched it probably about 85 times.

Katie McManus

It's just always on in my house.

Katie McManus

It's just on in the background.

Katie McManus

It's one of those, like, really familiar stories because we like having, like, that background noise so that we can kind of focus on something, but nothing.

Katie McManus

Get distracted.

Katie McManus

Kind of, like, takes up that extra 20% of attention span that is dangerous.

Katie McManus

That could lead us, like, to try to clean out our closet.

Katie McManus

Squirrel.

Katie McManus

You know, go through all of our makeup, and then all of a sudden, like, we've given ourselves a complete makeover, and we've made a mess, and then we don't want to clean it up anyway.

Katie McManus

Squirrel.

Katie McManus

Squirrel.

Katie McManus

Neil Gaiman, he is an incredibly successful author.

Katie McManus

He's written bestsellers.

Katie McManus

A lot of those bestsellers have been turned into movies and tv shows.

Katie McManus

And he's in high, high demand.

Katie McManus

So he tells this story about being invited to this party.

Katie McManus

And this party has, like, Hollywood elite.

Katie McManus

It has people who are so successful in their given careers.

Katie McManus

And he's standing there feeling super awkward because he's thinking, like, why am I here?

Katie McManus

Why did they invite me?

Katie McManus

You know, here's a famous actor and, like, an incredibly successful, award winning director, and here's this person and that person.

Katie McManus

They all were just leading in their fields, and he's standing there just kind of, like, nursing his drink, feeling completely out of place.

Katie McManus

His imposter syndrome had just completely taken over.

Katie McManus

And he sees someone, this other guy, who also kind of looks out of place.

Katie McManus

And so they strike up a conversation.

Katie McManus

This guy also happens to be named Neil.

Katie McManus

And he's talking to this guy, and the guy at one point says, you know, I don't know why they invited me.

Katie McManus

I'm not as impressive as everyone else here.

Katie McManus

And it turns out he was talking to Neil Armstrong, who's walked on the f moon.

Katie McManus

Apollo Eleven.

Katie McManus

Still looking mighty fine from here.

Katie McManus

You're cleared for landing.

Katie McManus

And I share this story because I have good news and bad news for you.

Katie McManus

Having imposter syndrome will not stop you from being successful.

Katie McManus

You can be massively successful and still experience imposter syndrome.

Katie McManus

Most people do.

Katie McManus

Most people who are successful still experience imposter syndrome.

Katie McManus

But the bad news is that, yes, while we're all looking for a cure for imposter syndrome and that self doubt, it's never going away.

Katie McManus

So imposter syndrome happens when you feel like you've been faking it.

Katie McManus

You feel like people have been fooled into thinking that you're competent and that sometime, like, at some point, they're gonna figure out that you're faking it, that you don't know what you're doing, that you are an imposter.

Katie McManus

And when you have been legitimately faking it for a very long time, it's really easy to convince yourself that you're doing that here as well.

Katie McManus

And at the heart of imposter syndrome, we're really talking about confidence and self esteem and how we've been taught to gauge what our confidence level and our self esteem steam levels should be.

Katie McManus

Is completely broken.

Katie McManus

It does not work.

Katie McManus

It's not healthy, and it doesn't actually lead to having people with high self esteem or high confidence levels, because what we're trained to do is to look for outside reassurance that we're good, to look for feedback.

Katie McManus

And I want you to think back to school.

Katie McManus

You know what happened when you handed in your homework?

Katie McManus

You were given, like, a star, or work harder.

Katie McManus

You had that terrible, like, pain inducing red pen marks all over it.

Katie McManus

Or you had the blue pen.

Katie McManus

The blue pen was like, what you wanted to see on your paper.

Katie McManus

The blue pen was like, great job, amazing point.

Katie McManus

When you walked into the lunchroom at school, how many people invited you to their table?

Katie McManus

This is another method that we use to gauge what our worth is, to gauge how confident we should be.

Katie McManus

So I used to do improv classes when I lived in San Francisco, and it was so much fun.

Katie McManus

If you have a fear of public speaking, that's why I initially did it.

Katie McManus

Go and take improv classes, because what it does, it makes you unafraid of making mistakes, because you're constantly making mistakes, because there's no way to prepare.

Katie McManus

But there was this one exercise they had us do that I think about all the time.

Katie McManus

We were all given a little card that had a number on it, but we weren't allowed to look and see what our number was, and we had to literally tape it to our forehead and walk around.

Katie McManus

And based on how everyone else treated us, we gauged what our status was.

Katie McManus

So if you were a one, you were basically the scum of the earth.

Katie McManus

No one wanted to talk to you.

Katie McManus

If people came to you and treated you with respect, probably meant that you were mid tier and you had to just walk around like a normal human.

Katie McManus

If people were reverent to you, if they bowed down to you, that meant you were a ten.

Katie McManus

That meant you were a king amongst people, an emperor, empress.

Katie McManus

And it was amazing how accurately people figured out what their own number was based on how everyone else treated them.

Katie McManus

Like this was just a game in an improv class.

Katie McManus

But this is what we do in our normal lives.

Katie McManus

We look to everyone else to help us gauge how important am I, how qualified am I, how good am I at what I do?

Katie McManus

But the problem with the grown up world is that people around us aren't giving us grades all the time.

Katie McManus

We don't necessarily have a lunchroom, especially if you work from home, either for yourself or for a company.

Katie McManus

Sure, my dog wants me to sit with her when I have lunch, but mainly because she wants my lunch.

Katie McManus

Not a good gauge of what my self esteem should be.

Katie McManus

So if you're a business owner and you have ADHD, and your brain has been conditioned to look at the world to tell you what your self esteem should be, how confident you should be, are you an imposter or not an imposter?

Katie McManus

You're set up for failure on every front because, bad news, it's not your client's job to tell you how good you are at what you do.

Katie McManus

It's not their job to give you feedback on every front when they do amazing.

Katie McManus

It helps you do more of what you're good at, or it helps you get better at areas where you need to up your game.

Katie McManus

But if you're waiting for your self esteem and your confidence to go up based on external feedback, you're never going to have it.

Katie McManus

Because confidence and self esteem is an inside game.

Katie McManus

You get to decide what the number is on your own forehead and how we communicate.

Katie McManus

This is in how we dress.

Katie McManus

It's in how we carry ourselves.

Katie McManus

It's in how willing we are to put ourselves out there and take up space and be loud.

Katie McManus

The funny thing about being a business strategist.

Katie McManus

Ooh, what am I going to say next?

Katie McManus

Well, you'll have to keep listening to find out.

Katie McManus

But first, squirrel, squirrel, squirrel, squirrel.

Katie McManus

The funny thing about being a business strategist for just humans who wanna start a business, who are solopreneurs, they even wanna start an agency.

Katie McManus

Sometimes my clients make dramatically more money than I do.

Katie McManus

And as their business coach and strategist, sometimes that can kick off some imposter syndrome with me, because here I am telling them how to make more money when they're making more money than I am.

Katie McManus

At the end of the day, that's the metric that matters for me.

Katie McManus

If my client's making more money than me, then that means that I'm really good at what I do.

Katie McManus

But our brains are not that smart.

Katie McManus

Sometimes our brains tend to go to comparitis of, well, how much money are you making.

Katie McManus

How much money are they making?

Katie McManus

They must be better than you.

Katie McManus

Not always the case.

Katie McManus

You know, doctors.

Katie McManus

You know, a general physician can make anywhere from, like $100 to $250,000 a year, depending on where they live and what kind of demographic they serve, versus a brain surgeon who can make anywhere from 700,000 to 2 million a year, depending on where they live and how much demand there is.

Katie McManus

They're both working the same amount of hours.

Katie McManus

They can both be equally good in their own sphere, but it's hard to compare the two to each other just based on how much money they're making.

Katie McManus

And the crazy thing about this is when we get this feedback from the world that we're not good enough, what our mind and what our subconscious actually wants us to do is to get smaller.

Katie McManus

Don't be noticed.

Katie McManus

If you're not good enough for this tribe, you don't want anyone to notice.

Katie McManus

You don't want people to look at you and think, oh, you're actually draining our resources and you're not worth it.

Katie McManus

You better make yourself super, super small, and no one will notice you.

Katie McManus

And then you'll just be able to skate on by being this resource, drag on the rest of the tribe, praying and hoping that no one will notice and try to kick you out.

Katie McManus

Our brains, unfortunately, have not evolved as quickly as our society has.

Katie McManus

You know, our fight, flight, freeze fawn response still gets kicked in, even when it's not relevant.

Katie McManus

Just because you're not posting on LinkedIn for a week doesn't mean you're gonna get kicked out of society and have to go forge for berries in the woods all by yourself.

Katie McManus

And, of course, what happens when you're running a business and you start playing smaller?

Katie McManus

You stop attracting clients, you stop getting feedback that people want what you have, because people stop knowing that you have it to sell.

Katie McManus

And it becomes this vicious cycle where you're never able to break out of it.

Katie McManus

So what do you do about this?

Katie McManus

How do you break out of this?

Katie McManus

I mean, here's the basis of what I work on with my clients to help them break out of the cycle of imposter syndrome, where they think they're never good enough is they have to stop being such a fucking weenie.

Katie McManus

Seriously.

Katie McManus

We don't talk about this enough on the Weenie cast, which is totally my fault because it's my podcast and I decide what we talk about.

Katie McManus

But letting your fears drive your business is not a good strategy.

Katie McManus

And getting over a fear doesn't happen by thinking about it a lot.

Katie McManus

If youre terrified of spiders.

Katie McManus

Just thinking about spiders a lot is not going to help you get over the fear.

Katie McManus

You have to expose yourself to it.

Katie McManus

You have to show yourself, oh, I can be in the same room as a spider and not die.

Katie McManus

And you have to do it over and over and over and over again until the fear abates.

Katie McManus

If youre afraid of public speaking, you have to just get up and speak publicly.

Katie McManus

Now, there are a lot of ways you can do it.

Katie McManus

You can take improv classes like I did, and then go to toastmasters and then take, like, an elite public speaking class.

Katie McManus

That is absolutely an option, but none of that stuff is going to work if you're not also public speaking and showing yourself.

Katie McManus

I can get up in front of a group of people and speak to them and make mistakes and make my point and be charming and be awful and nothing die.

Katie McManus

You have to just go and do it.

Katie McManus

In starting a business, you're not going to be able to build up the tolerance to the fear of putting yourself out there until you just put yourself out there.

Katie McManus

You know, the first time I went live, I did a live video on Facebook.

Katie McManus

I was terrified.

Katie McManus

I think I lasted like three minutes.

Katie McManus

That's what he said.

Katie McManus

I'm actually not a 36 year old woman.

Katie McManus

I'm actually a 14 year old boy.

Katie McManus

So the first time I went live, it didn't go so well, but I didn't die.

Katie McManus

And the second time I went live, it also didn't go so well.

Katie McManus

But I didn't die.

Katie McManus

And the third time, and the fourth time, and the fifth time, and the 6th time, and so on until it started getting a little better.

Katie McManus

The only point you can start improving and doing well is when you've stopped thinking you're gonna die.

Katie McManus

And the only way to stop thinking that you're gonna die is to do it before you're ready.

Katie McManus

Do it afraid.

Katie McManus

You're never gonna be good at something that scares the crap out of you on the first try.

Katie McManus

It's never gonna happen.

Katie McManus

And the cool thing about this is, actually, it doesn't really matter if you're good or bad in the beginning because you're taking up space.

Katie McManus

You're daring to put something out there, be it a live video, a post to getting up on stage, speaking at a networking event, whatever.

Katie McManus

You're daring to be big.

Katie McManus

You're daring to command the room, to command attention, to be loud, and people pay attention to that.

Katie McManus

That's when you start getting the feedback loop.

Katie McManus

That's when you start getting people who want to invite you to their lunch table.

Katie McManus

That's when you start getting feedback on your homework.

Katie McManus

The red marks and the blue marks.

Katie McManus

Do you know how many people create content and put it out in the world?

Katie McManus

And the content doesn't actually say anything, doesn't have a point.

Katie McManus

It just sounds kind of smart because you're using big words.

Katie McManus

There are full ass politicians who get elected to represent full ass states and countries that never actually say anything of any substance.

Katie McManus

They just get up on stage, taking up space and say it really loudly and say it again and again and again and they command attention.

Katie McManus

The most dangerous thing for our world is that we continue to let imbeciles and people who are not qualified to help other people to continue to command attention like this.

Katie McManus

You and I both know that what you do for your clients is an incredible help.

Katie McManus

It's something that they desperately need.

Katie McManus

And if you're too chicken to actually get out there and command their attention and make sure that they know that you're here to help them, you're setting them up to fall for whatever bull someone else is selling who is not as good as you.

Katie McManus

And here's the kicker, and this is what a lot of people struggle with, especially those of us with ADHD who've spent most of our life masking.

Katie McManus

Trying to fit in with everyone else is the only way you're going to be able to take up space and be loud and command attention and actually have it impact your confidence and kick imposter syndrome's butt is by being you, by being authentic.

Katie McManus

And I know that word gets thrown around a lot and it's completely overused, but it's never going to work if you're trying to be someone else, if you're trying to dress the way someone else dresses.

Katie McManus

Not going to work.

Katie McManus

You're never going to feel at home in your own skin.

Katie McManus

If you're trying to speak the way someone else speaks, it's not going to work.

Katie McManus

You're going to constantly feel like you're fooling people into thinking you're credible, which, yeah, I mean, essentially you are.

Katie McManus

You're fooling them into thinking that you're someone that you're not when actually, let me just, let me just clear this up.

Katie McManus

You're not fooling them.

Katie McManus

People will subconsciously know, don't trust this person.

Katie McManus

There's something not trustworthy here.

Katie McManus

There's something fake.

Katie McManus

I can sense it.

Katie McManus

I'm not sure what it is, but there's something not real here.

Katie McManus

You might sign clients, but those clients will always hold back because they won't really know.

Katie McManus

Is this someone I can trust?

Katie McManus

Overcoming imposter syndrome is an inside job.

Katie McManus

The first person who has to give you feedback that you are just fine just the way you are.

Katie McManus

With all your quirks and faults and strengths and gifts.

Katie McManus

The feedback that matters the most is you.

Katie McManus

And the key to this is to stop trying to be the idealized version of yourself, because that person will never exist.

Katie McManus

It's a perfectionist dream.

Katie McManus

Perfect doesn't exist.

Katie McManus

What you have to do is really understand who is your favorite self.

Katie McManus

And I talked about this in episode 100, how to get in touch with that favorite self.

Katie McManus

But your favorite self is never going to be perfect because that's not what matters.

Katie McManus

Your favorite self is the person that you most enjoy being in every moment of the day.

Katie McManus

You know, your favorite self might not wear stilettos.

Katie McManus

Your favorite self might wear cool sneakers.

Katie McManus

Your favorite self might not wear a designer suit jacket.

Katie McManus

Your favorite self might wear a hot dog costume because it makes them giggle.

Katie McManus

And it proves a business point that you can stop being a weenie.

Katie McManus

And for folks with ADHD, a big part of this is accepting how your brain works differently from everyone else.

Katie McManus

Not just accepting it.

Katie McManus

It's celebrating all the strengths that you have, all the gifts that you have as someone with ADHD.

Katie McManus

And practicing, you don't have to out yourself right away, but practicing sharing this about yourself and doing so with pride.

Katie McManus

So, in short, if you want to get over imposter syndrome, you just have to stop being a weenie and go for it.

Katie McManus

And I say that like it's easy.

Katie McManus

It's not.

Katie McManus

It's going to be one of the hardest things you ever do.

Katie McManus

It's going to be a whole ass personal journey.

Katie McManus

It might require some therapy, some coaching, a whole bunch of support.

Katie McManus

But I do know one thing, and it's this.

Katie McManus

You can do this.

Katie McManus

You have it in you.

Katie McManus

You wouldn't want to start a business if you didn't have it in you, if this wasn't meant to be the journey that you're supposed to be on.

Katie McManus

So go do it.

Katie McManus

So my uncle Darrell, who lives in Idaho and he owns the farm, used to raise miniature ponies or miniature horses.

Katie McManus

He's very involved in the rodeo scene and goes around cooking pigs over spits for events.

Katie McManus

It's really cool.

Katie McManus

And a rustic, like, rural guy, right?

Katie McManus

And he came to San Francisco when I was, like, 25, and I lived out there and I was working out there.

Katie McManus

I took him to the Museum of Science in San Francisco.

Katie McManus

You know, he's this big guy, and he's wearing farm gear like his fenders and a big belt buckle.

Katie McManus

He looks like the cowboy, right?

Katie McManus

And we go in and it's like a Tuesday.

Katie McManus

Cause I worked in restaurants at the time.

Katie McManus

That was my day off.

Katie McManus

We go in and there's all these school groups of kids in this exhibit where you have to, like, travel up this winding up exhibit to the top where they have this butterfly garden.

Katie McManus

There are all these kids staring at him.

Katie McManus

And you could tell he was getting really self conscious.

Katie McManus

Cause he sticks out.

Katie McManus

He doesn't look like everyone else, has his handlebar mustache, and he just is not dressed like everyone else.

Katie McManus

This little girl, who had to be about eight years old, has probably never been outside of the urban San Francisco Bay Area.

Katie McManus

Her friends shoved her forward, and she was like, oh, God.

Katie McManus

She walks up to him and she's like, sir, sir, are you a cowboy?

Katie McManus

And he looks at her and he's like, well, I'm not a cowboy, but I drive the horses and I deal with the carriages.

Katie McManus

And he starts saying all this farm talk that I don't even understand.

Katie McManus

She's standing there wide eyed and nodding like she understands every word.

Katie McManus

She's like, okay.

Katie McManus

And she runs back to her friend.

Katie McManus

She's like, yeah, guys, he's definitely a cowboy.

Katie McManus

And he didn't realize it, but for them, that made their day.

Katie McManus

They got to meet an actual cowboy.

Katie McManus

And I was like, daryl, do you realize they are so excited they got to meet you because you're like this magical being to them?

Katie McManus

And he's like, oh.

Katie McManus

It completely changed his demeanor for the rest of the day.

Katie McManus

He didn't feel like he stuck out in a bad way.

Katie McManus

He was like, oh, the school children thought it was cool.

Katie McManus

Squirrel, squirrel, squirrel, squirrel.