The Way You Think About Yourself Makes or Breaks Your Bottom Line

A few years ago, I fell into a bit of a mental slump . My leadership development company, Equilibria Leadership Consulting, had just completed a two-year long project with our biggest client to date and we did not have another gig on the horizon. We did not have another gig on the horizon because I committed huge mistake #1 of owning a company: “forgetting” to do business development because I was too busy delivering.

I hate to admit it but my anticipatory anxiety flew through the roof. I feared the worst: we would not land another client, I wouldn’t be able to pay my employees, I’d have to close up shop, find a new career, divorce my husband, sell my car, move to the country, and raise cats. I was happy about the cat thing but pretty bummed about the rest.

I also felt extraordinarily guilty and stupid for committing “huge mistake #1” of owning a company. I felt like a complete failure.

It also didn’t help that I had just returned from my honeymoon and was probably dealing with a wine withdrawal, having spent the previous two weeks drinking in Italy and France.

Suffice it to say my anxiety over the business was affecting my ability to think clearly and objectively move forward. The fear and anxiety directly impacted my self-efficacy. I remember feeling mentally sluggish, lacking vigor.

Turns out this isn’t rocket science. Our self-efficacy directly impacts our motivation and ability to forge ahead. In short, our belief in ourselves (or lack thereof) influences how much energy you have to move through life and accomplish your goals.

The way you think about yourself makes or breaks your bottom line.

A 2011 study performed by Kathleen D. Vohs, Roy F. Baumeister, and Brandon J. Schmeichel found that if you are mildly exhausted and you have a strong sense of self-efficacy (one’s belief in one’s ability to succeed in specific situations or accomplish a task) then the mild exhaustion won’t affect your ability to forge ahead.

But if you don’t have a strong sense of self-efficacy then even a slight mental drain will join forces with your insecurity to ensure you drag yourself down and make you even more exhausted.

I’ve always been extremely driven and ambitious, waking up early and working steadfastly throughout the day, so this was an unusual state for me to be in; that further compounded matters as I couldn’t stop asking myself, “What’s wrong with me?”

There was an unhealthy cycle at play: fear I wouldn’t land another gig created anxiety, which created mental exhaustion, which affected my self-efficacy, which created fear I wouldn’t land another gig, and so on and so forth.

My husband, who normally needs career pep talks from me, was now the pep talker. We pepped and talked daily for a couple weeks until the fog lifted (and maybe the wine, cheese, and bread started to leave my system).

I can tell you from first-hand experience that when you are not feeling up to par professionally, you will need to bolster your lifestyle with every other possible gain to ensure you don’t drag yourself down a rabbit hole of exhaustion and self-defeat.

Since we can all feel less than at times, we need to either remember to eat, sleep, exercise, and laugh on a daily basis, or remind ourselves that our insecurities and exhaustion are joining forces to keep our productivity at bay.

So, in short:

Self-confidence increases your energy level and your immunity to the effects of mental exhaustion

Lack of self-confidence decreases your energy level and weakens your immunity to mental exhaustion

We need to think of our belief systems the same way we do our bodies and muscles. If you were going to run a marathon you would train. You’d build up your stamina. You’d run a bit every day. You’d stretch. You’d watch what you ate. You’d try to get the right amount of sleep. All of these factors play important roles to get into the right physical shape for the marathon.

Similarly, you need to prep the mind for the marathon that is your life. You need to get it in shape. So if you lack confidence, self-efficacy, or if you feel lazy, unambitious, and cynical – all of these factors are going to hinder your performance level.

If you’re getting enough sleep and eating well but still lack the energy to accomplish what you want to accomplish in life, take a look at your belief system. What are you telling yourself on a daily basis?

Are you filling your own head with doubt, insecurity, and cynicism? This type of negative self-talk will become a self-fulfilling prophecy as you drain yourself of the energy needed to accomplish the goals you are telling yourself aren’t possible in the first place.

Exhaustion we pretty much know how to deal with: sleep, the food you eat, exercise, etc. But what about self-efficacy? There isn’t a confidence diet, I’ve never seen an “Eat these three foods to believe in yourself” article.I offer the following three suggestions as a starter kit for keeping your self-efficacy intact:

ACT. That’s not an acronym. I mean take action, even if they are small actions. Action begets action and as you accomplish small goals your confidence will rise. It’s amazing how great accomplishing a goal can feel. It removes so much anxiety. When we stagnate our anxiety increases and those two (stagnation and anxiety) will reinforce each other until the end of time. So don’t worry about the BIG goals. Instead focus on the small wins you can accomplish on a daily basis. Maybe it’s something as simple as registering a website domain. If you act in any way, shape or form, you’re way ahead of the majority of the world.

Get a coach. If you lack the motivation to accomplish small goals on your own then you need outside help to motivate you, reveal your mental blocks to you, give you pep talks, and pump you up. Until you can self-motivate I recommend seeking outside motivation. A coach can give you the tools you need to prop yourself up when you’re alone.

Talk to someone who is doing what you want to do. Learn how they got to where they are, what steps they took, what obstacles they faced. You might learn that they went through periods of self-doubt as well. Maybe they’ll share how they overcame them. When you meet another regular human being who has done what you want to do the road to the goal becomes less mysterious.

The two main actions that worked for me were talking to my husband, who served as a coach, and accomplishing small daily goals. Even though it felt like drudgery, the small daily actions kept me moving forward until the habit of moving forward was re-established.

The talking and the acting eventually broke the spell. Once the fog lifted I resumed my normal activity level, got back on track, and soon enough I started doing the work necessary to land some business.