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3 Growth Mindset Adjustments That Double Revenue and Build Freedom

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Too many business leaders think the latest marketing or sales strategies are the key to growth and building a freedom-based business. They fail to realize that all the strategies in the world won’t work without a strong mindset.

The concept and idea behind developing your mindset have been relegated to cute Instagram Memes. It’s not taken seriously enough, and it shows in the lack of growth for too many business leaders. Spending the time and energy to develop your mindset creates a successful life and helps you accomplish your goals.

There are some core growth mindset shifts every leader should consider making to accomplish their goals. Using solid growth strategies is essential to double your revenue, make more of an impact, and create a free life.

Here are three practical and powerful growth mindset adjustments that help leaders foster success, accomplish their goals, and experience true freedom.

1. Stop trying to live up to outside expectations. 

The question you have to ask yourself is, whose life are you living? If you sat and thought about how you spent your time and the things you focused on, you’d probably be a little surprised. It’s not uncommon for too many people to live their life based on outside expectations. 

You’ll never live a successful life or create your freedom if the goals you are working towards aren’t your own. A growth-optimized mindset happens when you have absolute clarity about what you want to accomplish and how you want to spend your time. 

You’ll create amazing growth when you stop caring about others’ thoughts and stop trying to live up to outside expectations. Your goals and how you spend your time working to achieve those goals have to come from knowing what you want for yourself. 

Your goal is to become the best version of yourself in every area of your life. It’s to embrace who you are and what makes you tick. Creating success means you become the strongest and most authentic version of yourself.

2. Start each day with YOU activities. 

It’s not uncommon for other people’s priorities and the pings of life to be the first thing you think about when you wake up. You’re pulled to take care of all the things that feel urgent instead of thinking about how you want to spend the first part of your day. The path to doubling your revenue starts with prioritizing the things you need to do to get there.

Instead of starting your day working on tasks for others, you should start your day working on tasks that help you grow your life and business. Starting your day being focused on YOU activities leads to accomplishing more and increasing your revenue. 

Starting each day with you activities is a form of self-love and self-care. It’s how you make sure you have the first priority and that your needs are taken care of before you think about the outside world. Give yourself permission to treat yourself better. As you take better care of yourself, the result will be growth and freedom in other areas of your life.

“Change your language, change your mindset, change your actions, change your life.” – Danny Stone

3. Take everything you do in your business seriously. 

Gary Vaynerchuk has said, “one is greater than zero.” There is a temptation to only focus on the numbers when you’re starting out. When those numbers are low, it feeds into negative self-limiting beliefs. This then creates a situation where the business leader does not take things seriously enough.

The path to more revenue and a life of freedom happens when you take everything you do seriously from day one — no matter who is watching. You create content as if one million people are reading it, you show up powerfully even if it feels like no one is watching, and you put your best into everything you do. 

Taking everything seriously puts your best work out of the world, and when more eyeballs see that, they tell others — you grow. Be your biggest cheerleader and shine even though no one may be looking. Treat everything you do seriously, and it will pay dividends later. 

Nothing is stopping you from living an unlimited free life in which you experience growth and true happiness. You can double your revenue and have the financial freedom to help you enjoy all the benefits of life. It starts in your mind.

These growth mindset adjustments help you prioritize yourself and practice healthy mental wellness habits. A strong mindset will be the fuel that enables you to grow for years to come.

Jason Portnoy is a serial entrepreneur, podcast host, and founder of one of the premier digital marketing agencies. Before creating magic for other brands, Jason launched True Rivalry in 2012. He leveraged social media and digital marketing to grow True Rivalry into a presence in over 250 retail stores across North America, with celebrity fans and appearances on TV shows and movies. Jason knows digital marketing and he's passionate about helping businesses get results. He's an award-winning digital marketing agency owner. Join him at jportnoy.com.

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Success Advice

How to Alter Your Business Approach With Technological Advancements

Keeping up with technological trends has become a challenge for almost every business owner.

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altering business approach
Image Credit: Midjourney

Technology’s evolution has impacted everything, and business is no exception. Keeping up with technological trends has become a challenge for almost every business owner. Entrepreneurs unable to do so are being wiped out of the market.

There is no doubt that AI (Artificial Intelligence) and ML (Machine Learning) have taken over the business world. These technological advancements are impacting decision-making, success percentages, and other entrepreneurial aspects.

Adapting to these developments is integral to business success. Let’s explore how you can accomplish these milestones.

Embed the strength of AI and ML.

AI has modified business operations in major ways. For instance, companies have employed bots for customer support. These bots go through an effective learning process via Machine Learning before being able to answer like humans.  

Bots can also perform detailed data analytics and make business moves with high success percentages.

ML is used more for the analysis of data chunks and generating successful predictions. This simply means that business owners do not have to worry about large-scale financial losses. 

In terms of deployment and usage, a reputed company like Netflix employs machine learning for decision-making.

Blockchain is increasing the count of business opportunities

Tampering of financial transactions is quite common and causes severe monetary damage to customers. With the rise of digital payments, this risk has increased. 

Blockchain is used to elevate your experience for monetary transfers. It combats penetrating events to extract confidential customer information. 

Most business sectors are using block chain but finance and supply chain management sections have a higher count. These two corporate sections have several monetary deposits and withdrawals taking place. 

In terms of percentage, approximately 72% and 5% of finance and supply chain firms have implemented block chain successfully.

Dedicate Yourself to Continuous Learning and Individual Development

You invest in learning some of the very important skills, including digital marketing, financial management, and how to gain customers as an entrepreneur.

You need to set up your knowledge base about doing business on Coursera and Udemy with the basics that are necessary for the business, building further by networking with experts through webinars.

Besides, Agile methodology will introduce elasticity to your company: this review and feedback system with further correction regularly will allow for enhancing efficiency and promptly reacting to the market.

Developing key skills to achieve goals

Running a business successfully is not only about having niche/domain knowledge. Business owners need to have communication / soft skills as well in addition to niche information.

Here are some key technical/domain-related areas that business owners should have a strong grip on.

Data Storage on Cloud: These days, companies do not store their data on physical servers. Therefore business owners should know how data is stored/edited/removed/updated via AWS, Azure, Google Cloud, and other platforms.

Data Analysis/Interpretation Qualities: These days, data is as precious as gold. Business owners with data analysis abilities make correct predictions. As a result, their ventures grow in volume.

Development/Coding Knowledge

Programming knowledge gives business owners an edge whether the application is developed in-house or outsourced. It assists in getting updates deployed and handling application underperformance without getting professional support every time.

Hacking proof framework

There is no benefit of having an advanced automated system if can be penetrated. Successful business owners have above-average knowledge of cyber security and hacking attempts. They are able to choose top-notch anti-hacking software without much of an ambiguity.

Communication Abilities/Soft Skills

Here are some key communication qualities that business owners should have:

Communication/Conversation: Business owners should use to-the-point sentences in both written and oral communication.

Issue Resolution Abilities: Business owners should be able to drill down to problems and solve them. This is done successfully only if an entrepreneur has in-depth business domain knowledge.

Agile Implementations

It is mandatory for business owners to have knowledge of iterative/agile models. With such a competitive environment, it is impossible for business owners to succeed without adopting an agile framework.

Create a productive well-crafted Business Strategy

A productive business venture starts with a clear vision. The first factor making a business successful is the idea behind it. It helps with endless growth and combating competition successfully. Katherine Philips once mentioned that business goals are inevitable if goals are set concretely.

  • Goals should be based on smart achievements instead of complexity. Focus on the value that each one of them adds. 
  • Business objectives should not be vague. Key indicators should be constructed to measure the success/failure of each milestone.
  • Be realistic when setting goals. Do not aim at impossible milestones since they can be demotivating.
  • Milestones/goals need to be time-bound. Set a completion deadline for each one of them. 
  • Business goals should not be alien. Owners can think out of the box but not be obsolete / unrelated.

Create a productive well-crafted Business Strategy

Business owners cannot succeed without having a network. Some tips help in this case. Attend conferences and professional gatherings to connect with other entrepreneurs.
Here are some other related points business owners should pay attention to.

  • Attend meetings and conferences to stay updated with trends and meet business owners who already have well-set ventures. This helps in enhancing the learning curve of new / growing entrepreneurs.
  • Being a part of business communities/groups is very productive. When one shares opinions and discusses decision-making tactics, it helps in preventing errors and enhancing success rate.
  • Even the most experienced business owners have mentors as learning never stops. Take part in mentorship programs so there is an assurance that you are following the correct roadmap.

Conclusion

There is absolutely no doubt that business dimensions have evolved with technological advancements. Successful entrepreneurs have grabbed these changes in due course of time and continue to evolve. On the other hand, people following old paths and conventional steps fade out of competition. In a nutshell, keep an eye on the processes and practices you follow as these factors decide success rate.

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Success Advice

Understanding the Power of Yes and No: How to Create Boundaries For Success

These words have a significant impact on how our success unfolds

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Creating legal boundaries
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The two smallest yet most powerful words in life, “Yes” and “No,” have a big impact on our growth on both personal and professional levels. In addition to affecting the choices we make every day, these words have a significant impact on how our success unfolds. (more…)

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Motivation

From Couch Potato to Go-Getter: A Step-by-Step Motivation Plan for Everyone

By understanding what motivates you, you can turn your dreams into reality

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How to be motivated
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Are you tired of feeling like a couch potato? Do you want to transform your life and become a go-getter? You’re not alone! Many people struggle with motivation, but the good news is that change is possible. (more…)

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Success Advice

10 Micro Financial Habits for More Wealth and Peace of Mind

The World Economic Forum still reports that half of U.S. adults lack financial literacy

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micro financial habits
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You’ve heard about developing financial habits, but what about micro-financial habits? Micro habits are the tiny things you can do every day with minimal effort that, together, transform your future. (more…)

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