Million Dollar Relationships - Scott Anderson

Author: Kevin Thompson
Published: Fri 20 Jan 2023
Episode Link: https://sites.libsyn.com/407312/million-dollar-relationships-scott-anderson

Welcome once again to The Million Dollar Relationships podcasts. In this episode, our host Kevin Thompson invites Scott Anderson, a serial entrepreneur and executive coach who specializes in helping people recover from burnout. Scott turned around a family group of construction equipment and industrial engine companies, scaling and selling them at a premium. He then built 3 for-profit businesses and established a not-for-profit, AtEaseUSA.org, which develops PTSD treatment technology. Scott is well-trained in coaching and therapy, being certified by the International Coaching Federation and holding a summa cum laude Master's degree from the University of Nebraska School of Clinical Counseling.

Scott joins Kevin to discuss the challenges of entrepreneurship and how it can lead to burnout and its symptoms. Scott shares his personal experience with burnout and how the pandemic has made it an even bigger issue for entrepreneurs. They examine the entrepreneurial journey as problem solving, Mike Tyson's quote about plans, and how Post Traumatic Stress Disorder (PTSD) may be linked to burnout. Scott also shares a story about the people that changed the course of his life and business and leaders in post-traumatic stress disorder research

Listen in to this engaging episode full of advice on evidence-based approaches to recovering from burnout and turning happiness into an "inside job"!

[00:00 - 06:55] Helping Folks Recover from Burnout

Scott is a serial entrepreneur and executive coach
Scott's nonprofit organization, An EASE USA, is a PTSD treatment technology accelerator in partnership with Tel Aviv University and the Israeli government
Scott mainly coaches entrepreneurs and their teams, as well as executives going through burnout
The pandemic has caused an increase in burnout for both clients and Scott himself

[06:55 - 15:22] Burnout in Entrepreneurship

Problems occur early on in your entrepreneurial journey; you can be surprised by the problems and how it's just an unending series of problem-solving.
Burnout is characterized by feeling of physical, mental, and psychological exhaustion, feeling disconnected from the business and people around, and feeling resentful towards coworkers and customers.
Burnout can lead to feeling of not being able to go to work and losing interest in the work that one used to love.
Scott experienced symptoms of burnout while owning an advertising agency, including physical, mental and psychological exhaustion.

[15:22 - 22:49] Discovering the People Who Completely Changed Scott’s Life

Scott discusses the wonderful people who have influenced him in various ways.
The first one is Yair Bar-Haim, a psychologist at Tel Aviv University who specializes in PTSD research.
He was the head of the Israeli commandos, an elite military force in Israel, which gave him extensive experience in military operations and leadership.
Bar-Haim and his team are world leaders in post-traumatic stress disorder (PTSD) research, meaning they have made significant contributions to the field and have a high level of expertise.
Scott met a mentor who helped him become an entrepreneur, guiding and supporting him as he started his own business.
The mentor's name is Click Weston, a person who has been very important in Scott's life.
He was instrumental in helping Scott become confident in himself and believe in his ability to succeed as an entrepreneur

[22:49 - 24:07] Closing Statements