The Entrepreneur Ethos

Terry McDougall

Jarie Bolander -

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Summary

Hey everyone. Stay tuned to the end of the interview where I’ll give you some actionable insights that I learned from my guest. These insights are also in the show notes. As always, thanks for listening.

Now on to my guest today, Terry McDougall, executive coach and author of Winning at Work: Career Happiness and Success on Your Own Terms.  

Terry coaches executives who have been exactly where she was just a few years ago: successful but not satisfied. As the head of marketing at a national bank, she started to think about doing something else. She’s always liked “helping others figure things out” so she decided to get a coaching certification and now helps executives get clarity, shift their mindset, and find balance.

Aspiring entrepreneurs as well as anyone climbing the corporate ladder can benefit from Terry’s insight and approach. Terry describes how, after she graduated from college, she was given the book What Color Is My Parachute?, from which she takes two key questions everyone should ask themselves: What do I like to do and what am I good at? She starts her coaching by helping her clients gain clarity on their goals, shifting to a positive mindset, then taking action. One of the main challenges she often sees is the reluctance by high achievers to delegate and put systems into place so their staff can take over some of their work. While it might seem faster or somehow better to take care of business themselves, executives - as well as entrepreneurs - need to eventually find ways to delegate tasks and implement systems that allow them to take on new challenges and grow themselves and their company. Letting go of perfectionist tendencies is often one important shift her clients need to make. But once you move from being stuck with what’s in front of you and step back to take a look from a different perspective, you will find opportunities and options you didn’t realize were there.

Now let’s get better together.

Actionable Insights

  • Questions to ask yourself when you’re feeling stuck, contemplating a career move or starting a business:
  • What do I like to do?
  • What am I good at?
  • What’s keeping me from doing what I want to do?
  • What am I afraid of?
  • Work on believing in possibility. If you believe something is possible, then it is.
  • Take a step back and look for the bigger picture. Open up to other options, and more options will appear.

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