Ryan Deiss explains why entrepreneurs never shake the impostor feeling: it's actually a sign you're growing into unfamiliar territory. The fraud feeling only disappears when you stop growing, like after you sell the business. He'd rather feel like a fraud during the workweek than stop learning.
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Notower7803 asks, at what stage of business did you stop feeling like a fraud? I feel like every business owner goes through this. Has anyone ever hit a specific number that snapped you out of it? No, never. I think if you're doing this right, you will always feel like a little bit of a fraud because that's what growth looks like. When you're growing, that means you're always reaching new levels where you look around and you go, I've never done this before, I've never been here before, and you're going to feel like a fraud and you're going to feel like an imposter because guess what? You kind of are. I don't think feeling like a fraud is a bad thing. I think you're accurately calibrating that you frankly don't know what the heck you're doing right now. And I think that fear is what causes us to reach out and to learn and to grow and get better. So when do you stop feeling like a fraud? I don't know. I guess when you're done growing, when you sell your business and you just decide to go and kick it on a beach all day, every single day. For me, I'll go on vacations. That's cool. But Monday through Friday, I'm kind of fine feeling like a fraud.