The Entrepreneurial Mindset for an Accidental Entrepreneur with Diann Wingert [Podcast]

Podcast #214 – Diann Wingert Discusses the Entrepreneurial Mindset for Accidental Entrepreneurs

Description:

This week I bring back Diann Wingert from Diann Wingert Coaching. Diann is a former licensed therapist and now coaches entrepreneurs. Her tag list, “My Jam”, is helping others like me be successful in work and life. She also has “The Driven Woman” podcast. I know Diann from the Smart Passive Income Pro online community where we both are members. I had Diann on the podcast in December of 2020 to discuss shifting your mindset. This is one of the most downloaded episodes in the last couple of years. I wanted to have Diann back on to discuss the concept of an entrepreneurial mindset.

This episode is sponsored by Career Pivot. Check out the Career Pivot Community. Make sure and pick up my latest book, Repurpose Your Career: A Practical Guide for the 2nd Half of Life Third Edition.

Now on to the podcast…

Diann was on the podcast in December of 2020 in episode 204 – What is Your Mindset Right Now? Are Ready to Change It?

Diann started working at the age of 15. She was pushed out of the workplace in her mid-50s. She was being harassed at work and saw an employment lawyer. The device she received was to go work for herself but that was not what she wanted to hear. She became an accidental or late to the party entrepreneur.

Diann says you have to wrap your head around the concept that you have to get started before you are ready. You have to take action before you are fully prepared to take it. There are a lot of others on this same path but those who take action will move ahead of you.

We are attached to the concept that if it is not worth doing well it is not worth doing at all. The thought of, “I have never done this before” will stop you. If you always need to do things that you have done before, you will not progress. You have to take imperfect action and run with it. We need feedback and not permission. If you are doing something worthwhile someone will not like it.

Demographic Shifts

Those over 50 are seeing divorce rates soar. Similarly, this group is getting a large part of the pink slips being handed out. Before you move in a new direction, emotions need to be processed before moving in an optimistic, realistic, and appropriate way. Many have lost not just their profession but their way of life. Unprocessed emotions will cause you trouble like undigested food.

Knowing What You Are Good at and What You Suck at

By this stage of life, we are blessed with wisdom and self-awareness.

Marc is a polished speaker but not a writer. He does not have an artistic bone in his body. He works with Susan Lahey on all of his books. He has worked with MamiSeraa on all of his book covers. He also depends on Stephanie Brodt for editing just about everything else.

There is a sunk cost fallacy. The belief that we can only afford to make small pivots. Are you willing to be a beginner again? It is about working on your business and not in your business.

Fawn Germer author of Coming Back: How to Win the Job You Want When You’ve Lost the Job You Need.

Closing Piece of Advice

Process those emotions. Get some help.

Opportunity is in the eyes of the beholder. It is possible that the end of your previous career is a gift in disguise. What do you want to learn? What would you like to do now?

Marc mentions the book, Necessary Endings by Dr. Henry Cloud. For new things to begin we often have to end old things.

Diann’s website can be found here.

Her Driven Woman podcast can be found here.