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Overcoming Low Self-Esteem In Business & Life | Elena Seranova | Modern Wisdom Podcast 186

Elena Seranova is a business coach, entrepreneur & PhD student. Many of us could do achieve far more if only we had the confidence to go after what we want. Getting out of your own way therefore becomes a goal in itself. Expect to learn how to use confidence to gain a competitive advantage, the common stumbling blocks Elena sees when working with clients on confidence, a selection of embarrassing stories from our history in academia & business and much more... Sponsor: Shop Eleiko’s full range at https://www.shop.eleiko.com (enter code MW15 for 15% off everything) Extra Stuff: Get my free Ultimate Life Hacks List to 10x your daily productivity → https://chriswillx.com/lifehacks/ Check out Elena's Website: https://guildofgrowth.com/ Grow Your Confidence Mentorship: https://guildofgrowth.com/collections/mentorships/products/self-sabotage-elimination-and-confidence-growth-bootcamp Follow Elena on Twitter: https://twitter.com/ESeranova #selfesteem #confidence #entrepreneurship - Listen to all episodes online. Search "Modern Wisdom" on any Podcast App or click here: iTunes: https://apple.co/2MNqIgw Spotify: https://spoti.fi/2LSimPn Stitcher: https://www.stitcher.com/podcast/modern-wisdom - Get in touch in the comments below or head to... Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx Email: modernwisdompodcast@gmail.com

Elena SeranovaguestChris Williamsonhost
Jun 20, 202054mWatch on YouTube ↗

CHAPTERS

  1. 0:00 – 1:06

    Low self-esteem as the root cause: breaking the complaint–inaction loop

    Elena frames low self-esteem as a driver of subconscious blocks that stop people from taking action. She argues that many clients default to complaining and blaming circumstances, which reinforces stagnation and worsens outcomes.

  2. 1:06 – 2:04

    Elena’s background: psychology, neuroscience, biotech, and entrepreneurial mentorship

    Chris asks what Elena does, and she outlines an unusually interdisciplinary path spanning consulting, neuroscience/genetics, a biotech startup, and a PhD. She connects this to her current mentorship business focused on strategy, mindset, and confidence.

  3. 2:04 – 6:49

    The bar is low: competence without action doesn’t compound

    They discuss how many highly capable people still stall because they don’t act. Elena emphasizes that resources are abundant online, but most never start; Chris echoes that agency matters beyond entrepreneurship.

  4. 6:49 – 9:20

    Why people don’t know what’s possible: internet shift, schooling, and blind spots

    Elena and Chris explore generational change driven by the internet and why many people lack a framework for online opportunity. They point to missing financial literacy education and the reality that people can’t pursue options they don’t know exist.

  5. 9:20 – 11:37

    The future of work: side hustles, gig economy, and antifragile income streams

    Chris and Elena connect the shift to remote work with decentralization and multi-income resilience. They discuss how online businesses and diversified income can outperform during disruption and accelerate independence.

  6. 11:37 – 14:08

    A practical framework to start: plan, validate, build, distribute

    Elena lays out a step-by-step approach: recognize current inputs aren’t working, then define a plan and use online resources to execute. For business, she highlights understanding customer demand, validating ideas, creating an offer, and building distribution.

  7. 14:08 – 17:14

    Mindset shifts that unlock action: acceptance, resource focus, self-accountability

    Elena returns to confidence and self-esteem, arguing that acceptance and focusing on controllable resources is essential. She stresses becoming your own accountability partner rather than needing external supervision.

  8. 17:14 – 21:05

    Blame, responsibility, and learned helplessness

    Chris introduces learned helplessness to explain why repeated failure can condition people to stop trying. Elena agrees and reframes hope as reclaiming control over perspective and actions, while warning against the ‘overnight success’ myth.

  9. 21:05 – 23:51

    Elena’s personal story: rejections, risk, and ‘quitting wasn’t an option’

    Elena shares hardships: funding her studies, taking unpaid startup roles for experience, and enduring many PhD rejections. She illustrates persistence, selective risk-taking, and how passion and long-term commitment can overcome initial mismatch.

  10. 23:51 – 26:46

    Fear-setting and time management: reduce the cost of starting

    Elena argues the worst-case outcomes are often exaggerated and encourages fear rating (Tim Ferriss-style). She links progress to reallocating time away from low-return habits (e.g., binge-watching) toward compounding skills and projects.

  11. 26:46 – 32:19

    Keeping promises to yourself: trust, confidence loops, and lead vs lag measures

    Chris explains how repeatedly breaking self-promises erodes self-trust like an unreliable friend would. They discuss how early efforts feel unrewarded (lead measures) until results arrive later (lag measures), and how small wins create dopamine-driven momentum.

  12. 32:19 – 39:30

    Failure as data: iteration, product–market fit, and separating self-worth from outcomes

    They emphasize reframing failure as information rather than identity. Elena highlights experimentation and iteration as the path to eventual fit; Chris adds that social media ‘highlight reels’ distort expectations about success paths.

  13. 39:30 – 52:03

    Upgrade your environment: role models, online communities, and friend selection

    Elena recommends biographies, interviews, and podcasts to feed the mind with examples of sustained action. Both stress the power of environment—online and offline—and Elena argues that ‘bad friends’ can be worse than none, advocating strict time valuation.

  14. 52:03 – 54:53

    Closing advice: ‘be the best version of yourself’ + identity and self-development

    Elena’s final message reframes ‘be yourself’ as ‘be your best self’ through continuous improvement. Chris ends with a philosophical question about identity—how change (like self-development) relates to the ‘real you’—then they share where to find Elena online.

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