E5: The Battle With Self Doubt

In 'E5: The Battle With Self Doubt,' Steven Bartlett discusses the complexities of patience, time management, self-discipline, and self-doubt, particularly in the context of entrepreneurship. He begins by addressing the absence of a guest CEO, acknowledging the challenge and risks associated with sharing personal experiences in a public forum. Bartlett emphasizes the duality of patience and impatience, noting his natural inclination towards impatience and the societal pressures to complete tasks quickly. However, he reflects on an encounter with a young employee seeking a pay raise, which leads him to consider the importance of 'macro patience' or long-term patience. He argues that significant achievements require a decade of commitment and that early years in business, often marked by little to no financial reward, are a time for gaining valuable experience rather than monetary compensation.

Bartlett then transitions to self-analysis, identifying self-discipline and time management as his key areas for improvement. He shares insights from a book on elite performers, which underscores the importance of managing time effectively. He suggests using a calendar to allocate time for specific tasks as opposed to relying on a daunting to-do list, which can lead to procrastination.

The episode also touches on the universal feeling of being a 'fraud,' especially when stepping into new roles or facing unfamiliar challenges. Bartlett reassures listeners that such feelings are normal and indicative of growth. He then addresses the question of self-confidence, advising that the best way to build it is by repeatedly placing oneself in uncomfortable situations.

Bartlett concludes by discussing the pros and cons of being single versus being in a relationship as an entrepreneur. While singleness can offer more time and perceived focus, a relationship can provide a support system, help maintain focus by eliminating distractions, and promote a healthier work-life balance. He reflects on his own past relationship, expressing how it provided depth and understanding, which he now misses.