This is a YouTube video titled "Patt Flynn Interview - Advice for entrepreneurs about overcoming doubt #shorts" containing an interview segment from September 7, 2022. The excerpt features a conversation between two speakers, including Terry Rice, discussing how to support a friend struggling with self-limiting beliefs about starting a business and the importance of mentorship in overcoming those doubts.
Let's probably one of your best friends wants to start their own business and you know, they'd be really great at it, but they have this self limiting belief holding them back. What would you say to them?
So if I had a friend and they were interested in starting a business, Terry and I knew that they could do it, but they were kind of questioning themselves or you know, they had said it, you know, for several months in a row, but they haven't taken any action yet. I would kind of just go, hey, well what's stopping you? And try to get that truth because sometimes we don't even know what that is and you might need some outside help to kind of get gauge, well, where are the faults? And so I would start there. And for everybody it's different. It might be. Well, I'm just scared of failing. I'm just, you know, I don't actually think I'm qualified to do this or I tried to and it was very difficult. So I don't even know where to go from here. And then I could guide them in that direction. I think this is why mentorship and things like that are really important because you can have somebody on the outside kind of see what's going on on your inside. It's very hard to read the label when you're inside the bottle.