How does the business owner handle public success after achieving their goals of growth and prosperity? This episode explores how the public eye of business success has a lot in common with celebrities, that is, ultimately dealing with fame. Then follows on how to cope with the dangers when others exalt you on a pedestal of public glory. Co-host Tegan Weaver shares what she learned in her “Personal Growth and Fame Mindset” class at her university last semester and Scott applies that to business and family life.

Show Notes

  • Stress – feeling that something should Not be happening, external pressure
  • Anxiety – feeling that something should Be happening, internal pressure

Pendulum of Fame

  • Like a pendulum, there is always tension between Entitlement and Shame. Having emotional swings between the two is okay. Personal problems happen when the pendulum stops swinging and a person gets stuck at the extremes.
  • This approach comes from Christi Williams-Gilbert, Tegan’s professor. Christi is an entertainment life-coach and Adjunct Professor. Her Twitter handle is: @ShadingLimelite

Self-Conscious Hypothesis of Fame

  1. Fishbowl:  Other people are aware of you, then you become aware of you and they know that. Feeling self-conscious can change your behavior and engage in people pleasing.
  2.  Your success becomes an entrance into an exclusive club, leaving some friends and family behind. You become self-conscious of only pleasing the people in the smaller club.

Reference source: “The Psychological Consequences of Fame: Three Tests of the Self-Consciousness Hypothesis” by Mark Schaller, Journal of Personality 65:2 June 1997

Coping Strategies

  • Embrace it, but keep things in check.
    • Being in the public eye is a by product of doing things right and having good habits.
  • Take actions to reduce the discrepancy between your real self and the ideal self that others tell you.
  • Take down-time or have positive escape activities.
  • Keep your spouse in the loop, business success leads to shifting relationships dynamics. Talk thing over and make a plan.

Quotes

  • Fame quote from “The Psychological Consequences of Fame: Three Tests of the Self-Consciousness Hypothesis”, which quotes Leo Braudy “The frenzy of renown” New York: Oxford University Press 1986
  • Proverbs 22:29 — “Do you see a man skillful in his work? He will stand before kings; he will not stand before obscure men.” ESV

 

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