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The Anxious Achiever

What No One Tells You: The Emotional Strain of Startup Life

The Anxious Achiever

Morra Aarons-Mele

Business, Careers, Management, Health & Fitness, Mental Health

4.7599 Ratings

🗓️ 25 November 2019

⏱️ 37 minutes

🧾️ Download transcript

Summary

We hear the stories of successful Silicon Valley startups all the time. But entrepreneurship can also have a dark side, especially when it involves going broke, losing sleep, and working 100-hour weeks. This week, host Morra Aarons-Mele speaks with Emma Mcilroy, CEO of Wildfang International, who has been outspoken about the emotional strain of startup life.

Transcript

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0:00.0

I'm Mora Aronsmeli, and this is The Anxious Achiever.

0:10.3

Each episode, we look at stories from business leaders who have dealt with anxiety, depression, or other mental health challenges,

0:17.2

how they fell down, how they pick themselves up, and how they hope workplaces can change in the future.

0:29.8

Wall Street, Capitol Hill, the boardroom. There are all kinds of workplaces that can be terrible for stress or more extreme mental health disorders.

0:39.3

But there's one in particular that seems to be carving out not just more and more of our economy,

0:46.3

but more and more of our headspace, our zeitgeist, certainly our media coverage, startups.

0:53.3

You know, when I coined the term entrepreneurship porn

0:58.0

in HBR in 2014, I honestly didn't think too much about how our obsession with business

1:05.4

legends highs, lows, and near misses, sugarcoats and even glamorizes anxiety and poor mental health, and

1:14.5

certainly glamorizes habits that can lead to poor mental health, like never sleeping.

1:20.8

What these stories mask is the anxiety and depression many entrepreneurs feel.

1:27.3

Some research even shows that the singular focus and

1:30.1

obsession many entrepreneurs have also inclines us to more anxiety and depression, which can then

1:36.7

impair our function. And the thing is, think to yourself how many legendary stories you know of entrepreneurs who almost lost everything,

1:48.7

who were saddled by debt near ruin, but triumph in the end. Those are great stories and they're

1:55.4

inspirational. But I always think of the tremendous toll their mental health must have taken throughout all of that, up and down and not knowing.

2:08.7

Today's guest, Emma McElroy, is going to tell us her, unvarnished, and very real, funny version of her entrepreneurship journey, which includes some

2:21.1

really tough stuff with mental health. Originally from Ireland, Emma spent time at Barclays and Nike

2:26.9

after getting her degree from the University of Cambridge. And then in 2013, she ventured out on

2:32.8

her own to start the clothing brand, Wild Fang.

2:37.1

Emma has been outspoken about mental health issues in the workplace, especially when it comes to the startup and entrepreneurship space.

2:44.8

I started by asking Emma whether talking about these issues in public made her ever worry whether in a boys club kind of startup world it could hurt her professionally to do so.

...

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