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The Entrepreneurs Guide to Depression and ADHDHyper Mind Project
Arnobio Morelix | @arnobiomorelix | [email protected] Tomkins-Bergh |@ColinT_B | [email protected]
Workshop at SXSW InteractiveAustin, TX 2016 2016 Arnobio Morelix and Colin Tomkins-Bergh
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4 Reasons to Attend this Session | Goals for Today(even if you dont have a mental health condition or are not an entrepreneur)Normalize. Help de-stigmatize mental health conditions in entrepreneurshipIf you are an entrepreneur, it is normal not be normalUnderstand. How mental health affects entrepreneurs.Decode the entrepreneurial brainChange. Learn tools and strategies to deal with mental health disorders and psychological issuesYour brain is not a magical land only accessible to psychiatrists and drugsEnjoy. Have fun today and onwards
www.hypermind.orgAgendaA) normalizeEntrepreneurships Strangest Secret Research and BackgroundDisney Glasses and the Myth of the Super-FounderBreaking stigmaB) understandPower of VulnerabilityGroup exercise and conversationThe Double-Edged Sword and the Entrepreneurial RollercoasterHow entrepreneurship affects mental healthC) changeADHD and Depression Background and StrategiesPeer-to-peer exerciseThe Entrepreneurs Mental Health ToolkittoolsQ&A, The Road Ahead and Conclusion
D) enjoy
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If you had a mental health condition, would you not be comfortable talking about it here?Show of hands
www.hypermind.orgfeel for potential societal stigma4
What are your goals for the session? What do you want to get out of it?white boarding
www.hypermind.orgTwo Guidelines for TodayOpen ForumChatham House Rule AppliesYou can talk about was said, but never who said it without their explicit consentparticipants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealedThis is so all of us can feel comfortable here today sharing whatever youd likeOpen, ongoing Q&A and discussion
Choose Your Own AdventureThere is no one size fits allAdapt what is useful, reject what is useless, and add what is specifically your own.Bruce Lee quoteThere is no one size fits allThis is drawn from our research and our own personal experiences.We speak with as fellow entrepreneurs and patients, not medical professionals
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Why This and Why NowLong-running anecdotal evidence, now backed up by research
Discussed hush hush in certain forumsput people also open up (e.g., when sharing in conference, panels)
Personal experiences with mental health
www.hypermind.orgWho We Are The Hyper Mind Projectwww.hypermind.org
We are fellow entrepreneurs and patients not medical professionalsArnobio MorelixSocial entrepreneur and entrepreneurship researcher at day job, a multi-billion dollar foundationColin Tomkins-BerghEntrepreneur on natural food startup and entrepreneurship researcher a multi-billion dollar foundationSpecial panelist Dave Parker
A passion project to understand the entrepreneurial brain and create tools to help entrepreneurs
AcknowledgmentsTherapist Catherine Morelix, LCSW (co-author on this)Dr. Michael Freeman, psychiatrist (review and feedback)
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Research Background Our Work in the Past Year
100+ review of books, scholarly articles
Brad Feld, Foundry GroupNorris Krueger, Entrepreneur and Researcher Kristen Webber, AscendoMicah Baldwin, Graphic.lyMark Woeppel, Pinnacle Strategies Andy Sparks, Mattermark
Ben Huh, CheezburgerCorey Miller, IthemesRand Fishkin, MozChris Meyers, BodeTreeKit Hughes, Look-ListenCatherine Morelix, TherapistMichael Freeman, psychiatrist, psychologist, former CEO
13 interviews with high-profile entrepreneurs and mental health expertsHigh-growth entrepreneurs (Inc. 500), VCs, high exits, mental health experts
Project in expansion: more interviews, review of hundreds more books and articlesWe will love to get your feedback
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What Steve Jobs, Brad Feld and Sir Richard Branson have in common with 49% of entrepreneurs?Entrepreneurships Strangest Secret | The Intimate Link Between Mental Health and Entrepreneurship
www.hypermind.orgEntrepreneurships Strangest Secretthe intimate link between mental health and entrepreneurshipWhat Steve Jobs, Brad Feld and Sir Richard Branson have in common with 49% of entrepreneurs?
There is an obvious answer: they all started new ventures
But there is also a more surprising one: They all have lifetime mental health conditions
www.hypermind.orgEntrepreneurships Strangest Secretthe intimate link between mental health and entrepreneurshipWell-recognized anecdotal evidenceSir Richard Bransondyslexia and reputed ADHDSteve Jobsdescribed by one his biographers as obsessive and likely bipolarDavid Needleman, founder of Jet Blueattributes some of his successes and failures to ADHDBrad Feld, entrepreneur and investorobsessive compulsive disorder (OCD) and depression
High-profile founder suicidesAusten Heinz, CEO of Cambrian GenomicsAaron Swartz, RedditJody Sherman, Ovik Banerjee, and Matt Berman from the Downtown Vegas Project.
Bipolar disorder as the CEOs disease
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3 Facts About Mental Health and Entrepreneurshipa look at the research and data
www.hypermind.org1) 49 % of entrepreneurs have a mental health condition
Survey by researchers at University of California and StanfordMoreover, entrepreneurs are6x more likely to have ADHD2x depression3x substance abuse10x bipolar conditionSurvey methodsentrepreneurs definition =business founders or co-founderswith or without employeesincluding non-profit foundersSample sizesentreps n = 242comparison n = 93
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2) Kids with ADHD are 4x more likely to be entrepreneurs as adults than non-ADHD kids16-year study with almost one hundred children with ADHDChildren with ADHD 4x more likely to be entrepreneur as adult than non-ADHD children
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3) Adults with bipolar disorder are 33% more likely to be entrepreneurs than the general populationStudy with over 2.4 million adults in Denmark
Researchers from Stanford and Aalborg University
Bipolar adults were 33% more likely to own an incorporated business than general population
www.hypermind.org3 Facts About Mental Health and Entrepreneurshipa look at the research and data49 % of entrepreneurs have a mental health condition
Kids with ADHD are 4x more likely to be entrepreneurs as adults than non-ADHD kids
Adults with bipolar disorder are 33% more likely to be entrepreneurs than the general population
www.hypermind.orgEntrepreneurships Strangest Secretthe intimate link between mental health and entrepreneurshipLong-running anecdotal evidence, now supported by the data and research
Two reasons why we think of it as entrepreneurships strangest secretIn certain circles, this is no secret at allRarely discussed in mainstream mediaHowever, a small but growing topic of discussion in certain entrepreneurship forums especially in relationship to depression
It makes intuitive sense, especially if you are an entrepreneur and/or have a mental health condition.A lot of the puzzling behaviors of entrepreneurs make sense through mental health lens (e.g., failure rates, lower earnings)We have long accepted that the mental processes for artists are different than those for most other peopleLong research history on that spanning across decades
It is time we talk about it in a more open forum.
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Meet DickHigh school dropout
Two times in jail
Often flirts with death
Got close to dying more than once on his high-risk "dares
Meet RichardExtremely successful entrepreneur
Prominent philanthropist
Builds world-changing companies
and schools in Africa and the Caribbean
Has a program to mentor aspiring entrepreneurs in the developing world
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The Founders ParadoxAs you probably guessed, Dick and Richard are the same person:Sir Richard Branson
Yet, we look at these two very contrasting patterns of behaviordestructive and constructive -- and it puzzles us. How can this be?
Far from limited to very famous entrepreneursMicah BaldwinSuper-founderMedical entrepreneur in BrazilFrom male prostitute to family heroKit HughesFrom struggling artist to CEO of Look-ListenKhalid Hakim, Struggling young professional living on moms couch to turnaround CEO and executive coach
www.hypermind.orgThe Founders Paradox
Source: Zero to One (Thiel, 2014)
www.hypermind.orgOf the six people who started PayPal, four had built bombs in high school.The Founders Paradox, by Peter Thiel on his Zero to One book (2014).
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Implications of the Founders ParadoxDisney Glasses and Myth of the Super-Founder
www.hypermind.orgDisney Glassesoutside looking inIt is very hard for popular culture and media to make sense of these people who are very gray, rather than black and white
Binary treatment: Heroes or Villains, never both
The truth: not black and white, but gray charactersIf Steve Jobs was not the harsh boss and leader that he was, and dedicated to his company at the expense of his family on the way that he did, Im not sure wed the iPhone and iPad on the same way that we have
Richard Bransons screw it lets do it attitude is behind both his building of Virgin into a multi-billion dollar empire as well as his jailing for tax evasion
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Disney Glasses in Action
The Microsoft File: The Secret Case Against Bill Gatesportrays Microsoft as a scheming, double-crossing predator out to stomp its opposition into submission.
Why Bill Gates is a true hero
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The Myth of the Super-Founderinside looking outMedia and society looks at entrepreneurs through Disney Glasses
but founders are part to blame of the myth-building
Myth building by foundersExaggerate natural uniqueness and abilitiesGood for business, because it can attractemployeesinvestorsmedia attentionCustomers, suppliers, etc.Interviewee Micah Baldwin from Amazon talks about founders playing the role of superman and superwoman
Takes many forms, but eccentric super-founder can be a helpful stereotype for entrepreneurscomputer whiz, mad genius, creative artist, etc.
Source: Zero to One (Thiel, 2014)
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The Result of the Super-Founder Myth and Disney GlassesIt works really well. Until it doesnt.Until company turns south and or the media starts to cornerElizabeth Holmes, Theranos
Inevitably founders become cornered. Because if you are a hero, you cant show weakness, you cant show vulnerability and you cant fail.
It can cost not only a founders image or company, but also his/her sanity
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Breaking the Myth of the Super-Founderthe Power of Opening UpReally tough to change. Changing how society views this requires nothing short of a revolution on how entrepreneurship is talked about and how stories are told.
What we can do: Opening up and letting go of the cape a little bitCreating open, safe forums for opening up with fellow entrepreneurs, friends, family, and teams
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Normalizing StigmaEntrepreneurs opening upBrad FeldJerry ColonaMarcus LemonisRand FishkinTim Ferris
Power of Opening Up
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Power of Opening UpThe response was incredible. I got so much from the talk itself lots of people just got up and shared their story to the whole group during Q and A. Ive received so many thankful messages from others who have gone on to seek professional help after hearing my message. - Corey Miller, Ithemes
Being able to talk with people like Jerry who have dealt with depression for years has really helped. - Khalid Halim, Reboot.io
I found that the more that you share your struggles and solutions your story the more that you become self aware and the more that people want to come and work, engage with you.- Chris Meyer, Bode Tree
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The Power of Opening UpThe way that we start erasing the stigma is by helping the people suffering in silence the ones who arent able to seek and find help.Corey Miller, Ithemes
www.hypermind.orgDave Parker Opening Up
www.hypermind.orgDiscussion ExerciseWho here has a personal story of psychological struggles with or without any mental health condition? Raise of hands
Keep your hand up if youre willing to share your story
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Change: what we can do about itYour brain is not some magical land, only accessible to psychiatrists and drugs
(quote inspired by Mr. MMM)
www.hypermind.orgA Complex Relationship -- OverviewMental Health Affects Entrepreneurship, Entrepreneurship Affects Mental HealthThe Entrepreneurial RollercoasterHow it affects mental healthBusiness Triggers
Double-Edged SwordHuge both for upside and downside
Top 5 Strategies for ChangeInterviews with entrepreneurs and experts
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Entrepreneurial RollercoasterHow entrepreneurs describe itCredits: Tim Ferriss
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Business Triggers Affect Mental HealthStartups are a major stressor, and it can be a trigger for dormant stuff thats already there. Kimberly Knoll, therapist who works with Downtown Project Las Vegas
The challenge is to identify which way the correlation/causation runs. My depression started taking over and that hurt performance or The Company performance took a toll on my mental health. I believe its some of both.- Rand Fishkin, Moz
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The Double-Edged Swordthe Entrepreneurial Brain as both an asset and a liabilityBoth an asset and a liability
Study with over 2.4 million adults in Denmark
Researchers from Stanford and Aalborg University
Bipolar adults were 33% more likely to own an incorporated business than general population
This study focus on bipolar condition, but we believe the findings we are about to share can be applicable really across a broad mental health spectrum
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The Double-Edged Swordthe Entrepreneurial Brain as both an asset and a liabilityDownside43% less earnings on average$50,000 v. $28,500
27% + likely to zero income
Upside33% + likely to be entrepreneurOwn incorporated business
8% + likely top 10% income
+ likely to be executive at small and young firms (but not larger ones)
www.hypermind.orgThe Double-Edged Sword Maximizing Upsidethe Entrepreneurial Brain as both an asset and a liabilityWith treatment
Eliminated the wage penalty
13%+ likely to join top 10% of income
Source: Michael Freeman Interview, CNN
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5 Strategies for Changefrom interviews with entrepreneursMindfulnessJournaling | Meditation | Apps (e.g., Headspace, Omvana)Support networkSpouse, Friends, Family | Peer groups (e.g., Entrepreneur Organization) | Meet ups (e.g., Portland Crappy Hour, Donut Weekly Meetup, Co-Founder Weekly Dinner)Sane body, sane mindSleep hygiene | Healthy diet | ExerciseCoachingCEO coaching (e.g., Reboot.io, Dr. Michael Freeman), Marriage counselingMedical helpTherapy | Medication
www.hypermind.orgUnderstanding ADHD and DepressionAs fellow patients, NOT medical professionalsSelf-reporting
www.hypermind.orgBrief Description: DepressionCauses may include chemical imbalance in the brain or from stressful life events (including in business).
Symptoms must last for at least two weeks.
Symptomsloss of interest or pleasure significant weight change diminished concentration fatigue nearly every day feelings of worthlessness recurring thoughts of death
Source: Therapist Aid
www.hypermind.orgBrief Description: ADHD/ADDAttention Deficit/Hyperactivity Disorder (ADHD)Also commonly known as Attention Deficit Disorder (ADD)
Neurodevelopmental disorder
Impairing levels of inattention, disorganization, and/or hyperactivity-impulsivity.Inattention and disorganizationInability to stay on taskSeeming not to listenHyperactivity-impulsivityOveractivity (mental and physical)FidgetingInability to waitIntruding into other peoples activities
Source: Therapist Aid
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Group Sharing StrategiesShow of hands, who is dealing with a problem related to a psychological issue?
Keep your hands up if you would like to discuss potential solutions to your problem
Please break into groups that have at least one person willing to share per group (4-6)
10 minutes
Breaking it down, and focusing on what we can do about it
www.hypermind.orgSpecific Tools and Situations
www.hypermind.orgOn SuicideSuicide is the 10thleading cause of death in the US for all ages. (CDC)
We are not medical professionals. If you are going through suicidal ideation especially if you are creating a plan please:seek medical helptherapistdoctorpsychiatristShare with trusted family member or friend
www.hypermind.orgIf you are having suicidal thoughtsWhat to do:Don't drink or do drugs. Doing so will impair your judgment and worsen feelings of depression and hopelessness.Reach out to a friend, family, or doctor. A true friend will want you to be healthyNational Suicide Prevention Lifelineif you dont know where to turn. The 800 number is1-800-273-TALK (8255).Call 911 if you feel you're in an emergency situation.
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HALTHALT reminds us that when we are Hungry, Angry, Lonely, or Tired, we do not feel well and are not good at decision making.
Luckily, you can usually fix theseHungerAnger LonelinessTiredness
Suggested by therapist Catherine Morelix
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The Entrepreneurs Mental Health ToolkitMy top 3 favorites for managing ADHD and DepressionWe talked about very helpful strategies. Here are some specific tools you can use
2-Year Gratitude Gap
Zen Log Book
Momentum Calendar
www.hypermind.orgFuture Gap and the Ambition TreadmillA simple idea that explains so much of our frustration, especially among entrepreneurs
The Future GapThe vision of what you want to be and buildIt work well to set the vision. But it can be burdensome, disheartening because we look at ourselves today and know that we are not there
Inspired on concept by Dan Sullivan and Vishen Lakhiani
www.hypermind.orgFuture Gap and the Ambition TreadmillBy itself, the ambition is not a problem
It becomes one, though, when we postpone our happiness because of it
Im gonna celebrate it whenI make it bigI sign on that big customerI raise the next round of funding
Ambition treadmill: there is no finish line, because youre always adding a new goal
www.hypermind.org2-Year Gratitude GapSolution is not to get rid of ambition, but recognize your progress in the past
Recognizing progress and being grateful can never happen looking forward. Only backwards.
Compare the Present You with your Reverse Gap, 2 years agoWhere were you two years ago? How did your life look like? Were you attending cool conferences like this one? How were your relationships? Your company? You, personally? What did not know then that you do now?
Life not always gets better, but this exercise focuses on the improvements
Write it down
www.hypermind.orgZen Log BookJournaling and mindfulness practice
Inspired on skydiving jump log
Happiness is elusive and hard tochase. We need better defineddirections
Help you identify and track your:ProgressPurposePursuit
www.hypermind.orgThe 3 Ps of HappinessProgressImproving, learning, growingMoving towards a goal
PurposeWhy you do what you do
Pursuit2-foldEnjoying the journeyPursuing excitement and adventure
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www.hypermind.orgMomentum CalendarJerry Seinfeld on becoming a master:Writing jokes every day (to become better comedian)After a few days youll have a chain. Just keep at it and the chain will grow longer every day. Youll like seeing that chain, especially when you get a few weeks under your belt. Your only job is to not break the chain.
Once you build momentum, all you have to do is not break the chain. And add just one more X
You may not want to write a joke every day. But maybe you want:3 goals (e.g., from Zen Log Book)Daily mindfulness4 hours of focused work (what I use in my calendar)
www.hypermind.orgAccess Entrepreneurs Mental Health ToolkitTools previously just a preview. For more, access the Entrepreneurs Mental Health Toolkit
Visit www.hypermind.org
www.hypermind.org4 Takeaways and InsightsIf you are an entrepreneur, it is normal not to be normalIntimate connection between mental health and entrepreneurshipDe-stigmatizing and cracking the myth of the super-founder
The entrepreneurial brain is a double-edged swordBoth an asset and a liability
The Entrepreneurial rollercoaster and how entrepreneurship affects mental healthBusiness triggers
You can do something about itYour brain is not a magical land
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Discussion and Q+A,
www.hypermind.orgThank You! www.hypermind.org
[email protected]@arnobiomorelix
[email protected]@ColinT_B
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