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Great product owners know when to trust themselves and know when to call for help.

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Video summary

The core distinction between merely competent and truly great product owners lies in their ability to balance self-reliance with the wisdom of seeking assistance. While effective leaders must possess the confidence to make difficult decisions that serve the best interests of the product, exceptional ones recognize exactly when external input is necessary. This involves not only consulting colleagues before finalizing a choice but also understanding situations where delegating the decision-making process itself can foster broader buy-in across complex business units affected by those choices. However, bridging the gap between knowing this strategy and executing it consistently often proves challenging due to internal psychological barriers like imposter syndrome. Many capable product owners struggle with the fear that they are frauds who will eventually be exposed as inadequate, leading them to undervalue their own accomplishments. Instead of acknowledging their skills or attributing success to hard work, these individuals tend to believe their achievements were merely a result of luck or timing, which creates a significant obstacle when they need to admit ignorance and ask for help on specific topics. Overcoming this mindset is crucial because the fear of being "found out" can paralyze even experienced leaders from seeking support. When an individual feels like an impostor, admitting that they do not know enough about a particular subject only amplifies their feelings of inadequacy rather than resolving them. Consequently, these individuals may hesitate to trust their own judgment or fail to reach out for advice when it is most needed, ultimately hindering the product's success and preventing the collaborative environment required for complex organizational decisions.
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Give and take. Good product owners trust themselves to make the tough calls. Great product owners know when to call for help. Product owners know when to step up and make a decision for the good of the product. But they also understand how crucial it is to ask other people's advice before making certain decisions. and sometimes to let other people make the decisions instead to generate buyin for decisions that are complex and affect multiple business units. Understanding this and doing it though are often two very different things. For example, one of the most common reasons good product owners struggle to ask for help with decisions has to do with imposttor syndrome. Generally speaking, those who struggle with imposter syndrome believe they're not as good as people think they are, that they're a fraud who will eventually be found out. I've got a whole chapter on this topic in my book, The Coach's Case Book. And although imposter syndrome can be a component behind our success, it's often more damaging than it is helpful. People with imposter syndrome typically face the following challenges. An inability to internalize accomplishments. They don't give themselves credit for what they do well. A feeling that they're a fraud and other people have an overinflated view of them. A belief that their successes can really only be down to luck or being in the right place at the right time. A fear of being found out. And a larger focus on what they can't do rather than what they can do. When you feel like an impostor, it can make it difficult not only to trust your own decisions, but also to admit when you just don't know enough and need help to make a decision. After all, if you already feel like a fraud, owning up to your ignorance on a given topic is just going to amplify any feelings you've got of not being good enough or smart enough or informed enough.