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01 August 2024

How to Build Your Self Trust to Make Better Business Decisions

2Frameworks
5Insights

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Frameworks in this episode

Self-Mastery3 steps

Self-Trust Triangle

Ground decisions in identity, act decisively, and build resilience through repetition.

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Mindset3 steps

Three-Part Self-Trust Framework

Set internal goals, celebrate evidence, and learn through deliberate experiments.

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Insights & moments

The myth-busts, hot takes, explainers, and tools worth keeping.

Explainer· 1

Explainer04:09

Why External Validation Is an Unreliable Business Compass

Jasmine explains that praise, social metrics, awards, and reviews can provide useful feedback but remain outside an entrepreneur's control. Depending on them for motivation makes direction vulnerable to fluctuating opinions, so momentum must come from internal commitments.

  • Recognition can indicate what is working.
  • External validation and motivation cannot be controlled.
  • Internal momentum and direction provide a steadier basis for action.

“External validation and motivation are out of your control.”

Jasmine Star · 04:09

“We must remember that momentum and direction come from within us, not from fluctuating opinions of others or like metrics of others.”

Jasmine Star · 04:09
#validation#motivation#social-media#entrepreneurship

Story· 4

Story06:13

What Simone Biles Demonstrated by Withdrawing at the Olympics

Jasmine uses Simone Biles's withdrawal from the Olympic all-around competition as an example of trusting internal signals despite immense public pressure. The decision prioritized safety and well-being while attracting criticism from people who interpreted withdrawal as weakness.

  • The twisties made mid-air spatial awareness dangerous.
  • Biles faced pressure from fans, coaches, teammates, and social media.
  • Withdrawing demonstrated self-awareness rather than weakness.
  • Self-trust can require disappointing other people.

“She listened to her mind and her body.”

Jasmine Star · 08:03

“She showed the world that true strength lies, encouraged to make difficult decisions and stand up for what you need.”

Jasmine Star · 08:03
#simone-biles#olympics#mental-health#courage#pressure
Story09:00

Why Jasmine Star Stopped a Launch Days Into Its Promotion

Before a 2022 launch, Jasmine recorded concerns that a new feature had not been tested at scale but proceeded anyway. When early data revealed poor clarity and adoption, she ended the launch, admitted the mistake, and asked the team to pivot the promotion quickly.

  • The feature had taken roughly ten months to produce.
  • Jasmine documented her concern before the launch.
  • Early data showed weak clarity and adoption.
  • She stopped the launch and openly owned the mistake.

“Now I made a decision on hope, not on trust.”

Jasmine Star · 10:01

“I ended the launch immediately. I admitted my mistake to the team”

Jasmine Star · 10:01
#product-launch#data#mistakes#pivoting#leadership
Story10:52

Why Jasmine Delayed a Mastermind People Wanted to Buy

After completing a six-month mastermind with 15 entrepreneurs, Jasmine declined to renew it despite member demand and a waiting list. She believed participants needed stronger launch education first, so she created an advanced course before reopening the higher-level program.

  • Existing members wanted to renew.
  • A waitlist suggested immediate revenue was available.
  • Jasmine postponed the second mastermind to address a capability gap.
  • The new launch course would let future mastermind work focus on scaling, branding, and marketing.

“I'm not going to renew the program even though members wanted to renew.”

Jasmine Star · 10:52

“I felt like I needed to create a program that would ultimately help people in the mastermind get even bigger results.”

Jasmine Star · 10:52
#mastermind#product-strategy#customer-results#revenue#education
Story17:02

How Indecision About Hiring Cost a Founder Two Key Team Members

Jasmine describes consulting a seven-figure founder whose pride in maintaining a small team conflicted with clear signs of burnout. He delayed committing to recruitment and failed to prioritize the required roles; two important employees subsequently left for another company.

  • The founder valued operating with a small team.
  • Employees reported burnout and began missing deadlines.
  • Hiring required decisions about commitment, roles, and priority order.
  • Two key team members left before the founder acted.

“you need to make a clear decision to hire, say yes or no, make a clear decision”

Jasmine Star · 18:02

“two key team members from his team ended up leaving to another company.”

Jasmine Star · 18:02
#hiring#burnout#decision-avoidance#team#leadership