Episode 13: Destigmatizing Mental Illness in the Startup World with Micah Baldwin

May 2, 2023 | podcast | 0 comments

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You can find the full transcript for this episode at the bottom of this page

The rates of mental illness amongst startup founders are incredibly high. Research out of UC Berkeley found that 72% of entrepreneurs are affected by mental illness, either directly or indirectly. More specifically, this study found that 23% of entrepreneurs had a first degree relative with a mental illness and 49% of entrepreneurs reported having at least one mental illness themselves.

This same study found that entrepreneurs are:

  • 2x more likely to suffer from depression
  • 6x more likely to suffer from ADHD
  • 3x more likely to suffer from substance abuse
  • 10x more likely to suffer from bipolar disorder

Many of these entrepreneurs are likely suffering in silence, or feeling like they’re the only one. It’s essential that we have key players in the startup world who are sharing about their own struggles with mental illness so we can reduce the stigma, and inspire others to get vulnerable and seek treatment.

My guest this week is Micah Baldwin, a serial founder, angel investor, and leadership coach. Micah started his first business when he was 9 years and sold his last company in 2014. Over the years he has started or been early at 5 companies that raised a total of $350 million. He has also spent time at Amazon and Microsoft and in venture.

If you are a founder, and you’re going through things right now, the reality is, is there’s other people that are feeling the same thing, or have dealt with the same thing. And reaching out doesn’t make you weak or less than, in fact, it’s quite the opposite. It helps you move much further faster. And that’s, that’s the whole point of being a founder, right, is to go further faster. So I would say you’re not alone. Don’t be afraid to reach out.

In this interview Micah shares his story of grappling with addiction and getting sober, and receiving a diagnosis of bipolar disorder. He shares about some of the challenges he’s faced along this journey, and the types of support that have been integral to his recovery. Micah currently coaches founders so he also shares his insights into some of the struggles he sees founders facing on the entrepreneur rollercoaster and some of his words of wisdom for how to take care of yourself and ultimately, go further faster. This is an episode you don’t want to miss!

What You’ll Learn in this Episode:

  • Why founders are more at risk for mental health struggles and why they need to prioritize their mental health
  • Micah’s own story of getting a diagnosis and treatment for bipolar disorder, as well as recovering from addiction
  • The difficulties that come with getting treated for bipolar disorder and why Micah says he’ll stay on his meds for the rest of his life
  • The importance of knowing “your enough”
  • Why not all founders are cut out to be CEOs
  • Why so many founders end up asking themselves the question – “Am I really a founder?”
  • Micah’s words of wisdom on how to stay positive even when your company fails
  • The impact of Micah’s social media project where he’s posting 100 photos of himself each with a story

Find Micah Online:

Resources & Inspiration from the Show

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About Founders’ Fears & Failures and your host, Dr. Melissa Parks

Melissa is an entrepreneur, former therapist (PhD in Clinical & Health Psychology), and an executive coach for entrepreneurs with a special focus on startup founders. Her passion for supporting startup founders in particular began after witnessing firsthand the emotional rollercoaster her husband experienced as a startup co-founder.

She started the Founders’ Fears & Failures podcast with the mission of shining a light on the mental and emotional challenges that come with life as a startup founder. Having lived abroad for 10 years herself she realizes how much we can learn from hearing stories from around the globe which is why the show doesn’t focus on a country-specific startup ecosystem.

Melissa is also the co-founder of the Location Independent Therapist Community, and a mom to a toddler who keeps her on her toes, and fuels her passion for helping to make the world a better place.

If you are interested in coming on the show, please get in touch. We would love to hear your story.

Want to connect further? Get in touch with Melissa on social media:

Want to work with Melissa?

Melissa is a former therapist who provides mindset coaching for ambitious professionals around the globe. Schedule your free discovery call HERE.

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Did you enjoy listening to this episode? Leave your review on Apple podcasts or Spotify.

Disclaimer: The Founders’ Fears & Failures is for educational, informational, and entertainment purposes only. It is not meant to be used for personal health advice and should not be construed to constitute personal or professional consultation or guidance, or to replace medical or mental health treatment. The opinions expressed by this podcast, including the podcast guests, are not meant to replace the advice of your healthcare provider. Always seek the advice of a medical or mental health provider regarding any questions or concerns you have about your medical and/or mental health needs. If you are in crisis, please visit this website to find a list of suicide hotlines around the globe. 

Episode Transcript

Melissa 

Alright Micah. Thank you so much for being on the show today.

Micah 

Of course, I’m excited.

Melissa 

Yeah, me too. So, you know, on this show, we dive deep dive into some vulnerable topics. But instead of just diving into the deep end, I don’t like to do that. I think it’s good if we get warmed up a bit and start off with it you sounds like you’ve been an entrepreneur like your whole life? Can you tell us a bit more about that? Like, do you feel you were a born entrepreneur?

Micah 

Yeah, you know, I think it’s interesting. I grew up in the San Francisco Bay Area, my mom worked at startups, and my dad worked at Stanford. And so startups was always something in my family from very young. Similarly, my parents didn’t make a lot of money. So if I wanted to do something, like, go see a movie, or you know, buy dinner, I usually had to make the money myself. So I think that combination of seeing my mom kind of work at startups and then get laid off and then find another startup or startup do well, or, or whatnot, coupled with the fact that I had to be relatively self sufficient, I think created the perfect storm for entrepreneurship.

Melissa 

Yeah, yeah, look at that. So you really, I don’t think there are I don’t think that that many kids like even if you’re kind of like, have that entrepreneurship in your blood or something, not so many kids get exposed to the startup world at such an early age. So it sounds like a really unique thing.

Micah 

Yeah, definitely. And I mean, startups are the, you know, the output of Silicon Valley. So we have a tendency to have a few of them floating around. And so I think, you know, I joke very often that I became a farmer, because I grew up on the farm, right, like, like, just like anyone else who sort of been exposed to an industry early on, they have a tendency to follow that. And I sort of have and, and to this day, I mean, I’m certainly an entrepreneur, but I’ve never really thought of myself, in the same way as other people do. When they think of founder I sort of have always just done, what seemed to be the right next thing, and that always seemed to be something entrepreneurial.

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HI I’M MELISSA

I work with globally mobile adults in seasons of change — relocation, reinvention, and the “who am I now?” moments that come with life across borders. I believe deeply in self-compassion as a steady path through uncertainty — a theme I explore further in my memoir, A Compassionate Mess (June 23, 2026).

I’m also the co-founder of the Location Independent Therapists (LIT) Community, a Spanish speaker, recovering perfectionist, mom of two, and married to a fellow global nomad. Seattle is home for now, but my heart will always be in Madrid.

Curious about the book? Learn more here

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