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5 Harsh Realities You Need To Be Aware Of Before Starting a Business

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When people imagine starting their own business, everything seems perfect. They think about quitting their jobs, making a positive impact on the world, and living the lifestyle they always dreamed of.

I know, because I hear it all the time. It’s easy to feel amped up and ready to take on the world. But once the reality of needing to do the work sets in, a lot of people gradually let go of their dream and look for another shortcut to success.

Running a business is hard. Now, this isn’t meant to put you off from doing so. Not at all. Instead, think of it as a way of preparing yourself for the difficulties that lie ahead.

Starting and running your business is an incredible journey for those who are willing to walk that road. So if you think you have what it takes, learning about the harsh truths of running a business will help you to keep moving when you encounter obstacles.

Here are five things you should know before starting a business:

1. It’s a commitment

When people say that learning a skill or building anything requires a long-term approach, many of us just nod our heads. It’s as if we hear it all the time, but it doesn’t really register internally. As a result, many people get tired of working on their businesses and chase after something new because it feels fresh and exciting.

Starting and sticking to a business is like trying to master any skill. It takes patience and responsibility to nurture and grow a business. Sometimes working on it can feel boring, while other times it can be fun. The key is to be consistent in your actions.

“We only get to play this game one time…one life.” – Gary Vaynerchuk

2. There will be growing pains at every corner

“If I can just get this off the ground, then everything will be okay.” This is a common train of thought people have when they first start a business. They figure that if they can just get past the beginning, which they believe is the hard part, then it’ll be smooth sailing afterward.

While this may be a nice way to motivate yourself initially, the truth is that each stage of your business will have its difficulties. Once you’ve learned to grow your business past one step, then the next step will have a different set of challenges. You’ll have to continually think about how to get your business to grow, innovate, and sustain itself in a changing environment.

3. You’re not as good as you think

People, especially beginners, tend to overestimate their abilities. We think we can do anything we set our minds to. It’s only when we attempt something and fail that we realize our true skill level. That’s okay. It’s completely normal and just part of the process. You can keep improving by practicing and learning from those who are more advanced than you are.

4. You will learn a lot

Unlike most jobs, where you do the same things over and over again, starting a business requires you to be a jack-of-all-trades. You’ll have to manage many aspects of the business yourself, which will teach you a lot in the process. Sometimes you learn by trying things out, and other times you learn by making mistakes.

Outside of your business, you’ll also learn along the way by reading articles and books, attending seminars, or talking to other people.

“Learning never exhausts the mind.” – Leonardo da Vinci

5. You will feel like giving up

Do you ever hear successful people talk about those tough times they faced when they were starting out? That will be you. You will question your efforts. You will want to pull your hair out as you wonder what on Earth you are doing. You will want to quit. Everyone who tries something will have these thoughts going through their heads. The difference is whether you will give in, or whether you will keep pushing forward.

What are you struggling with at the moment? Please leave your thoughts in the comments section below!

Melissa Chu is the founder of Jumpstart Your Dream Life, where she helps people get productive and incorporate positive habits into their everyday lives. You can download the guide that shows you how to achieve your goals (without giving up). So get started today. Download the guide here.

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8 Comments

8 Comments

  1. Charlie

    Feb 16, 2017 at 5:26 pm

    This is a good list, I can closely relate to number 3, not only was I not as good as I thought but I also tried doing it all myself. One major caveat when first starting out is thinking and feeling like it all must be done by you. This only allowed me to be mediocre at best. I think there are probably several more points that can be covered here, one I would add is failure, the odds are stacked against you especially when you go into a well saturated niche. Dealing with failure properly is so important, otherwise there’s no restart. This is where that commitment point comes in handy. If we’re only doing this for money the motivation will run out faster than if we were doing it to change our own lives and increase our own happiness and satisfaction. That’s why failure needs to be addressed properly when going it alone.

  2. mpanga Lawrence

    Jan 28, 2017 at 3:35 pm

    Hello Stephens
    Right from my childhood,i have been trying to start up different businesses but hardly come out.
    Seriously am innovative and creative but things are not working out I don’t know why.
    Am good at viewing opportunities when others don’t see them.
    From today am going to start using my weakness to achieve my success.
    When it comes out I will share with you.thanks brother

  3. Kurtis Stephens

    Nov 17, 2016 at 6:21 am

    Hi Melissa,

    I’m glad that I found this post! It is very insightful – I am going through these difficulties currently with my new startup.

    I definitely agree with all the points listed. In the beginning, it can be so exciting and so much fun; “Yeah, I’m starting my own business!”. But then quickly, as the work adds up, the long hours build up and progress is slow, it can become disheartening and tough. It’s definitely not a commitment to take lightly.

    I thought it was going to be a breeze when I first started, considering my knowledge on the topic. However, knowledge is just one aspect of the whole process. I find that progress is slow, but it’s still worth it. They say time is the only healer – I think that’s true for business too. You need to put the time in to nurture and progress, stay committed, stay motivated and keep having fun.

    The results will come.

    Thanks for the post!

    Kind regards,
    Kurtis Stephens/

    • Melissa Chu

      Nov 17, 2016 at 3:19 pm

      Definitely, Stephen! I’ve been there with the whole excitement and energetic thing in the beginning, and then the disheartening feelings that follow.

      Interesting you mention that time is the only healer – especially nowadays, we’re losing patience as a society and everything needs to be fast-paced or quick. Otherwise, our attention span goes off to somewhere else, which doesn’t help when commitment is required.

      I find that picking up fun hobbies outside of your long-term commitment can give you renewed energy. Also, there isn’t that same pressure to keep going if you get bored or tired of your hobby, which is refreshing.

      thanks for reading!
      Melissa

  4. Cor the Coach

    Nov 13, 2016 at 5:20 pm

    Things that can be added:

    – Refocus on what your REAL goals are
    – Kill a lot of your ideas/darlings
    – Expect unexpected, possibilities, people and support
    – You are not alone, but you are not always surrounded with the like minded people.

    The moment you do not believe in yourself, you will lose a lot more than business.
    So find the people who do believe in you, or at least to whom you can talk about. A coach, mentor or a very good friend helps definitely.

    • Melissa Chu

      Nov 14, 2016 at 3:11 pm

      Great points Cor, especially about surrounding yourself with the right people. There will be a lot of people who don’t support what you do, whether well-intentioned or not.

      thanks for reading!
      Melissa

  5. Lawrence Berry

    Nov 13, 2016 at 4:43 am

    These are truly some harsh realities that people have to become accustomed to if they want to be successful in the business world. They have to know what they are getting themselves into because starting a business can be a very hard endeavor, especially if you have too many expectations in the beginning. You have to know that you will learn a lot, and that there will be challenges. But never giving up is the only surefire way that you will not fail.

    • Melissa Chu

      Nov 14, 2016 at 3:12 pm

      So true how people can have too many expectations, Lawrence. I think it’s also made worse by the fact that all this hype is made about the rewards, but not enough about the world involved.

      Thanks for reading!
      Melissa

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Startups

Here’s How Facebook Can Shape Your Startup in 2018

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facebook for business

Out of the many things that Facebook can do, it has the impeccable power of shaping your startup and providing a huge platform to reach out to its customers. Startups are constantly using the features of Facebook to engage their customers and implement in their content strategies in the unique ways.

Do you want to use this most popular social media platform as a marketing strategy for your startup or business? Here’s how Facebook can shape your business in 2018:

1. The rising trend of videos

Videos are undeniably the hottest trend of present times. The first thing that you most often come across on the social media platform is videos. There are various reasons why the popularity of videos has grown to strikingly unprecedented levels on social media platforms.

The content around us is evolving more and more with each day and can be credited to the changing preferences of people. The long written blogs and other stories are being converted to short videos and video stories. To understand why people prefer videos more than anything else, ask yourself if you were given a long paragraph to read and a video, what would you choose? Videos are always more engaging than written content.

It has the power to instantly connect with people and touch their emotional self in a more compelling manner. Videos are the relatable and much easier way of grasping things. More and more companies these days are using video as a marketing tool.

So, it doesn’t matter if it is a product launch or a DIY tutorial, or an advertisement, videos are one of the best ways of engaging the customers. Facebook is providing a wonderful platform for videos to flourish and shape businesses in the coming years.

“Activate your fans, don’t just collect them like baseball cards.” – Jay Baer

2. Use the power of live marketing

One of the most advantageous and unique features of Facebook is Live Marketing. Live Marketing has helped businesses and startups attain an upper hand in the market and stand out with their strategies. As intimidating as live marketing on Facebook sounds, it’s equally tricky and challenging to accomplish. If done the right way, it can do wonders for a business and shape their strategies towards unconditional support from their customers.

Facebook’s algorithm uses over 100,000 different signs to decide which posts should be prioritized on the customer’s feeds. So, no matter how great the content you produce is, there is a strong chance that your content will get overshadowed by the unlimited posts from friends and family.

So, if you want your message to be heard, one of the best ways is to go LIVE on Facebook. The live feature from Facebook instantly provides a free pass to the business and enables them by reaching in front of the queue to speak directly to the customer.

As you go live, all those following you receive an instant notification to connect with you. While going live is facilitating Facebook to get more and more customers hooked on to their sites, it is also enabling companies to catch their customer’s attention. You can stream a lot of things live on Facebook. These can be seminars, any discussions, interviews, or events. Think of ways to go Live and embrace this great feature.

3. Get your fans to create wonderful content

Another way that startups are shaping their strategies on Facebook is through their own customers. It’s always a great idea for customers to interact with your business so that you get some buzz in the market. You can ask your happy customers to create content for you. This tactic will help rush the engagement and accelerate more attention towards your business page.

Let people talk about you more and more and letting Facebook know that there is a constant buzz around your brand. Driving engagement with the audience is a successful social media strategy that has a life of its own. One of the most basic examples are the meme pages on Facebook. They let their audience post memes, which is the core content in their case, and circulate them to the rest of the world.

You can come up with contests which require posting photos and videos online. If you are a food brand, you can ask your customers to post pictures of a recipe that they tried at home, or video of a new recipe. This will draw a great engagement to your brand and help you gain your audience’s attention.

“When you say it, it’s marketing. When they say it, it’s social proof.” – Andy Crestodina

4. Paid advertising

Paid advertising is one of the keys to achieve your objectives. It’s important to understand that while paid advertising might not work for everyone, it ultimately comes down to the ROI of your strategy.  

Paid advertising is quite inexpensive, as compared to other advertising channels and platforms in the market. It can help you get a number of potential leads, and most importantly attention among your target customers.

5. Start a Discussion

Facebook allows you to start a discussion to engage people and leave them with something to talk about your brand. There are some ways that you can initiate discussions, such as polls, quizzes, reviews, etc. Through these tactics, Facebook can help your startup get your customer’s attention and understand their personas for forming better marketing strategies.

Customer personas revolve around knowing the habits, likes, dislikes, age, preferences etc. of the customer. Through the discussion, you can get to know your customer and customize your content based on their likes.

How do you use Facebook as a marketing channel for your startup or business? Please share your thoughts in the comment section.

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3 Excuses to Overcome When Starting Your Business

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At one point or another, you’ve probably had a great idea. For some, that great idea comes when they’re driving down the road. For others, it comes when they’re singing in the shower. For Tenacious D (Jack Black’s band), it came in a dream. Unfortunately for him, he couldn’t remember what the great idea was, but wound up writing a song with these words, “This isn’t the greatest song in the world, it’s just a tribute to the greatest song in the world.” The fact of the matter is, we all have great ideas. What separates those who are successful from those who aren’t is one little word – action.

I had the privilege to sit down with Alex Nerney, Co-founder of Create & Go, who used a process of sorts to establish two online websites grossing $100k/mo in profits. Alex talked about three things that hinder a business owner from bringing that idea into a reality. He also interjected three solutions to get rid of the yips and succeed. Hang on, your success is on it’s way.

1. There’s Too Much Competition

As quick as the business idea hits you, something else begins to gnaw at your brain – doubt. Doubt is a common emotion when it comes to creating something new. All of a sudden you realize you’re going to need “this” and “that” and “the other thing” to make it work and you begin to have a realization of the fear of failure. Mr. Nerney explains, while a lot of business ideas that pop up every day on the internet do not work out for the idea-owner, it’s not the fault of the idea.

For example, if you feel like you’re an expert in Facebook advertising and you want to create a consulting company to help other businesses succeed in Facebook ads, right from the beginning you’re going to notice there’s a TON of Facebook ad consultants out there.

Solution: Needle the Niche

Alex says to make your idea unique by niching down. In other words, don’t simply consult on the entire spectrum of Facebook advertising, but perhaps you could make it even more fine-tuned by being the expert at Facebook video ads for dress and apparel companies.

Now you have something to work with. Now you are targeting a specific origin of customer and, if your passion is in apparel (or whatever it may be), show your strengths by displaying an example for them. Niching down is a powerful way to help your business idea stand out from the crowd.

“The biggest competition is myself. I am not looking to follow others or pull them down. I’m planning to test my own boundaries.” – Rain

2. I Don’t Know Enough About This

Alex says, “The most dangerous part of saying ‘I don’t know enough about this’ to yourself is how it strings you along and convincing you to wait for the clandestine moment where you’re finally ready.” Inevitably, action will be required on your part if you are truly serious about accomplishing this particular goal in your business.

Without action, you never truly learn anything from your failed tasks. If you can create a positive mindset about your goals and begin to understand failure isn’t a closed door, but simply another opportunity to craft your creation a better way.

Solution: Don’t Ever Quit

After speaking with Alex on this point, I was reminded by a man who was full of failures.

  • He lost two jobs
  • He ran for the state legislature and lost
  • He started a business and failed
  • His high school sweetheart died.
  • Defeated for Speaker of the House
  • Defeated for Congress
  • Rejected for Land Officer
  • Defeated for U.S. Senate
  • Defeated for the nomination of the Vice Presidency
  • Defeated for U.S. Senate AGAIN

This guy was full of failures. But there was one resolve in his attitude and the aspect in which he saw himself and where he was going. He never quit. Finally, in 1860, Abraham Lincoln was elected to be the President of the United States.

Don’t ever stop educating yourself. Don’t ever stop staying informed of the current issues of your potential clients and customers. Read, evaluate, learn, and jump in with both feet. You will eventually start to see progress in your learning curve. What would have happened to history if ol’ Abe had given up after the first few failures? I’m sure it would be a completely different story. If one door closes, another door opens in the pathway to success so keep your eyes open.

3. I Don’t Know Where To Start

With so many avenues of business appearing out of nowhere in the online business world, it can be confusing at times to know exactly what starting point you should attempt. If you continually watch competitors, how big their audience is, or how engaged they are with their customers, it can be intimidating.

Normally when you focus on others, you compare yourself to them and if you have 200 followers on Facebook and your competitor has 200,000, that’s a big wallop to the confidence level. It’s important to focus on what YOU are wanting out of your business idea.

Solution: Make Three Lists

If you’re coming against the “I Don’t Know Where To Start” wall in your business idea, Mr. Nerney suggests you pick a path and give it a try. Of course this needs to be something you’re passionate about or something you can bring value and quality to your customers or audience.

  • List 1 – Sit down and make a list of the talents you can bring to the table to a preferred customer. Do you write well? Are you great at building relationships? Are you a good communicator? Write those traits down.
  • List 2 – Write down what you want your business to accomplish. Will it be the Facebook video ads we discussed above? Whatever your decision make this the point where your customers simply have to have you over your competitor. This is where you can be different from the pack and it’s a great opportunity to stand out.
  • List 3 – Focus on the type of customer your business will be targeting. This is going to help you tremendously when you get started because your target area will be fine-tuned and won’t be straying off the beaten path getting stray customers who have no interest in what you’re trying to do.

“Fail often so you can succeed sooner.” – Tom Kelley

Alex describes this as a business persona. In essence, you are creating a mythical business which will be your ideal client. If you’re not targeting businesses, this will still work with individuals and is called “social personification”.

For instance if your business is going to do Facebook ads for clients who have apparel businesses, you would make a business (or personal) persona that looks something like this:

Business Name: The Company

Ideal Client: Single women ages 24 – 31 who prefer the night-life and fancy dresses

Best Seller: Long sleeve tops

Average Income: $50,000/mo

Desired Social Platform: Facebook

Their Main Problem: having trouble with Facebook video ads to target their customers

You get the idea. Alex mentions you can go very deep and intimate with this description. Eventually you will be targeting a company (or person) who fits this criteria by writing content that suits their needs, etc.

In Conclusion

Do you have a great idea yet? Are you cultivating a business plan as you read this article? Every successful business owner started exactly where you’re at right now. What will make you any different from them? Frankly, nothing can make you different except you.

Every idea has an excuse it battles and you will be able to realize right from the start whether your idea is worth acting on or not. Using the tips Alex Nerney has given you today, you could be on your way to creating one of the strongest businesses this internet has ever seen. Who knows? It could happen.

How do you overcome your own excuses? Let us know in the comments below!

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Why I Choose Career Suicide Every Day.

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Every day I commit career suicide in the eyes of many. Some would say I take a metaphorical dump on my own face each morning.

Why do I say that?

I say that because every day I do things that in the past would have been career suicide.

The things I do each day that people think are career suicide, which I believe are crucial for success in your career, are these:

 

Stir emotion.

Most people live their career in auto-pilot. They chase money and then wonder why they feel like sh*t later on. Auto-pilot forces you to forget about emotion and evoking it in others. Auto-pilot sucks the emotion out of us and causes us to wear a mask.

I choose to stir emotion in people because that’s what has taken me to new heights. When people feel emotion because of your actions they react in crazy ways.

An example from my own career is sharing emotional messages on LinkedIn. I share my deepest, darkest secrets, failures and emotional battles so others can benefit.

I continually get reactions that cause people to go crazy. This is why a lot of what I’ve said has gone viral many times over. The aim is not to be a social media star though; the aim is to stir emotion.

Emotion creates motion.

Emotion brings people closer to you which has incredible benefits in a business world that has lost a lot of human interaction.

 

Saying what you think.

I regularly tell people each day with politeness that “I’m not interested,” or “They’ve let me down,” or “I won’t be buying.”

Delivering these harsh messages is considered career suicide.

“What if someone gets upset?”

“What if they tell my boss?”

“What if I’m wrong?”

These are the questions that spin out of control in our minds when we say what you think. When you say what you think with politeness, you allow people to understand what you’re thinking.

This gives them an opportunity to change paths or move on to the next opportunity saving everyone time. Saying what you think is not career suicide; it moves business forward and it’s honest.

 

Choosing creativity.

We’ve all been enslaved for an hour by a PowerPoint presentation that has zero creativity. Creativity is career suicide in a lot of people’s minds because it’s expressing who you are.

Creativity is giving a non-typical answer to a problem.

Creativity is bringing your outside passion into the workplace.

Creativity is telling a personal story to change how people think.

Creativity is beautiful.

So many of your colleagues use no creativity in their work life and then they wonder why they lack passion.

 

Bringing up old failures.

We’re all selling every day whether we’re in sales or not – that’s the cliché we’ve all heard of, right?

When people sell you a product or service they rarely you tell you about its failures. If you knew those, then maybe you wouldn’t buy what they have to sell.

That thinking right there is flawed.

Talking about the failures looks like career suicide until you embrace the concept that most of us are wrong more often than we’d like to think.

We’re probably wrong more times than we’re right.

Talking about your failures in any context brings us in closer because we all share these same dirty little secrets. In fact, most of our failures look the same.

I talk about my failures all the time especially when people ask me about the big moments of success I’ve had. Someone asked me about the viral LinkedIn article I wrote recently and I told them about the one that was posted around the same time that pissed everybody off.

I wanted them to see what success really was and give them a backstage pass to the show that everybody pretends is not being performed every day.

Most of my blogging has been a failure except a few small parts. That is, until one day, it’s no longer a failure. Until I hit the tipping point.

Even once I reach the tipping point I’ll still continue to fail and so will you.

“Failure is not career suicide and you should talk about it more if you want to stop lying to yourself and everyone else. We’re all selling (I agree) so let’s start selling the truth”

 

Have a grand vision.

“That Tim guy talks a big game, doesn’t he? What a joke.”

That is the recurring thought that runs in people’s heads when I announce my grand plans and vision for almost anything I’m working on. Grand visions can make people think you are full of sh*t and have lost touch with reality.

This idea is nothing more than a limiting belief.

“Unless you start thinking big things in your mind you’ll never get close to anything of that nature. You’ll keep playing it small in the sandpit of a ‘realistic reality’ instead of a somewhat unreasonable vision for what you could be doing”

Grand visions are not about overselling what can be achieved; they’re about pushing boundaries and shooting for Mars and maybe landing on the moon instead which is still pretty freaking cool!

The practice of having grand visions is rarely practiced by many in the business world, so it’s a great way to stand out, be remembered and do something audaciously delicious.

Real Career suicide is having mediocre visions and not being the best you can be which may not even be imaginable yet.

 

Mention your health challenges.

I’ve had my fair share. From a near miss with cancer, to mercury poisoning, to stress levels that nearly crippled my career – I’ve seen it all and I’ve shared all of them.

I’ve noticed that my colleagues think talking about your health challenges is a sign of weakness because no one wants to work, partner or employ a human being who could be sick or dying.

The truth is the other way around: unless you talk about your health challenges, you’ll never have come face to face with your mortality which means you’ll take your time on this Earth for granted. That’s what will f*ck you up your career not some BS perception of weakness.

Knowing your mortality is strength in every aspect of your life and career.

“Weakness is followed by enormous strength”

 

It’s easier to be different than better.

Committing career suicide as described by others, like I have, will make you different. You can try and compete with the perfect specimens who only show the highlight reel of their career or you can do what so many are not prepared to do and play a different game.

Combining vulnerability, authenticity, honesty and humility looks like career suicide until you understand that it’s what differentiates the Martin Luther Kings from the Bob Kings who you’ve never heard of or respected or been inspired by.

 

Why should you choose career suicide?

You should choose career suicide because it’s nothing more than a false perception.

 

Career suicide is now what it takes to have career success. The two go hand in hand. Choose career suicide so you can distance yourself from all the fakery that has left people scratching their heads and wondering why they were born in the first place.

Choose passion and purpose instead of hiding behind a mask that makes you angry with yourself in the long-term.

Career suicide is about choosing to be human.

 

Join me in committing career suicide.

I’m going to pledge right now to keep committing these horrible acts of career suicide. It’s what I believe will move the business world forward.

I want you to join hands with me (let’s not do the Kumbaya thing) and commit to career suicide. What you’re really signing up to is a career that you never thought was possible.

My career has gone down that road and I’m never giving it up.

I want you to feel the same joy I feel when I commit career suicide.

If you want to increase your productivity and learn some more valuable life hacks, then join my private mailing list on timdenning.net

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How Your Mindset Plays an Important Role in Scaling Your Business

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You have already validated your product within the marketplace and achieved significant traction, and now it’s time to scale. Shifts to managerial processes and internal workflows are crucial to growing your business. However, another critical element to this evolution is expanding your leadership mindset from focusing on launching your business, to growing it.

Founders who only focus on external efforts most often fail to succeed accelerating growth and have a harder time managing to scale their businesses. Dr. Carol Dweck has done an extensive research on achievement and success and has discovered a truly groundbreaking concept. In her book “Mindsets: The New Psychology of Success”, Dweck explains why it’s not just our abilities and talent that bring us success, but whether we approach them with a fixed or growth mindset.

This is one of the reasons, all the tactics, systems and strategies won’t help at that stage of your company’s development if you don’t have a strong mental game. Your mindset has to grow in lockstep with your business, and a fixed versus growth mentality can be a critical factor in achieving success. Let’s see why!

Fixed mindset entrepreneurs

This group has a defined identity and often uses labels and affirmations. They would see situations and qualities as unchangeable and their skills and capabilities as fixed. They may say: “ My experience is such that I won’t be good at/or successful at (some new task)”,  or believe that certain people were born leaders, or “the people’s type”, or communicative etc. The strengths and behaviors allowed them to successfully navigate the early stages of their business won’t be sufficient for scaling or could even work against them in the process.

The initial tactical approach needs to be replaced with a strategic one. That requires a shift in the mindset and identity, to see the bigger picture and understand what new behaviors and skills they need to develop in order to succeed the rapid changes coming their way. “Know it all”, keeping a tight control or not adapting are clear signs of a fixed mindset. How we choose to see ourselves and our identity can have a tremendous impact on our overall success.

“I think anything is possible if you have the mindset and the will and desire to do it and put the time in.” – Roger Clemens

Growth mindset entrepreneurs

This group is constantly evolving. Themselves and their businesses are never seen as a finalized structure. A company really grows by finding ways to serve a sizable market and/or constantly innovating and adding to their products or services. The same applies to entrepreneurs with a growth mindset. They seek ways to add to their skill set by not being afraid to be exposed to a challenging situation.

They are able to see the hard times as opportunities to develop a side of themselves they didn’t even know existed. They see themselves as a product of their experiences, hence they look for more experiences to help them expand and enrich their personality and skills even more. They don’t label or judge these experiences, they see them as an opportunity. The success of their company so far is a product of a number of contributions everyone on the team has brought in.

Data and feedback, negative or positive is welcomed and serves as a reason to get curious. That way of thinking enables continuous innovation and improvement. Change is always positive because it is not only a constant in business nowadays, but it brings more chances to evolve. Growth mindset entrepreneurs see the bigger picture of the journey, are more resilient and have more chances for a long-term success.

Here are a few ways to set yourself on the growth track:

1. Give up control and delegate

It’s absolutely understandable to have a tight grip on everything in the beginning stages. Most of the work is done by you, your co-founder and maybe another team member. The processes are not documented, so you’re used to overseeing everything closely. When it’s time to scale, you have to find a way to delegate appropriately. Not leaving the scene, but learning to trust and build your people up. Giving them the right tools to execute without you and helping them unfold their potential too.

2. Open up your mindset to see the challenges as growth experiences

The easiest way to do that is to simply ask yourself in the face or a difficulty or as a matter of fact in the face of success too: “What might be the opportunity here?” This will help you lessen your judgment of the situation and offer you different angles of how to solve the problem.

3. See the bigger picture

It is time to build the systems and most importantly to work on your strategy. As much as the creative side and the experimental phases are fun, scaling needs more structure. Instead of the immediate gains, seek ways to implement the tactical steps to follow the long-term strategy. Setting this in place will allow you to free up more time, so you can get involved in solving the harder problems. And this is essential to get through the threshold.

“Grinding is a mindset and a willingness and commitment to work at it.” – J. B. Bickerstaff

4. Take ownership

Take ownership of your attitude and leave your ego behind. Having a growth mindset is about being open to admit you can and will fail. How you see the difficult situation is what makes all the difference. Failing is a part of the learning process and the more you get used to sitting with these experiences and grow from them, the more your identity will develop. Adopt a perspective of being in the constant act of becoming and evolving. Everything that happens serves as a test to teach you what works and what doesn’t. You must be versatile and embrace change as something inevitable and beneficial.

It is great to be recognized as an expert, but when it comes to entrepreneurship, as Andrew Weinreich, a serial entrepreneur, said to me a few weeks ago, it is vital to have the basic understanding and general knowledge about the different areas of your business. You don’t have to be the best in everything, but curiosity and being open to learning new things constantly will help you connect the dots and see the big picture. It is important to understand how things fit together, so you see the opportunities for connections inside and outside of your company. That naturally leads me to the last point.

5. Celebrate the success of others

Celebrate the success of others and appreciate collaborations and partnerships. Noticing and validating the success of other people will help your mindset shift in a positive and more abundant perspective. Understanding that there is enough pie to go around for everyone is a game changer to your level of growth.

It will enable you to internalize your own wins as well and determine the qualities and skills you have acquired up to this point. Most importantly, it allows you to build deeper connections which can lead to more satisfaction and of course opportunities for your own business to grow.

You’ll be a part of the whole and surrounding yourself by successful people will bring you more motivation. Always seeking a “win-win” situation is the way to go if you want to build strong partnerships and expand your network for future positive ventures.

At the end of the day, you need to think big to achieve big results. Scalability has to do a lot with your mindset and building from that place makes a difference.

What are some techniques you use to level up your mindset? Comment below!

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2 Secret Roads to Success – Why Some People Have It All and How You Can Too

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Have you wondered how some people seem to have it all – the 6-figure pay check, a healthy and fit body and amazing relationships? On the other hand, others are successful in one aspect of our lives (perhaps we are happy with our careers) but there’s always something that’s missing – that strong body, that perfect someone or living a meaningful life. (more…)

Sai Aparajitha Khanna helps ambitious women quit emotional binge eating and build habits to live a successful life at home and at work. A psychology nerd and big-time foodie, Sai blogs at My Spoonful Of Soul. Get her three limited-time gifts for Addicted2Success readers to quit mindless emotional eating today.

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8 Comments

8 Comments

  1. Charlie

    Feb 16, 2017 at 5:26 pm

    This is a good list, I can closely relate to number 3, not only was I not as good as I thought but I also tried doing it all myself. One major caveat when first starting out is thinking and feeling like it all must be done by you. This only allowed me to be mediocre at best. I think there are probably several more points that can be covered here, one I would add is failure, the odds are stacked against you especially when you go into a well saturated niche. Dealing with failure properly is so important, otherwise there’s no restart. This is where that commitment point comes in handy. If we’re only doing this for money the motivation will run out faster than if we were doing it to change our own lives and increase our own happiness and satisfaction. That’s why failure needs to be addressed properly when going it alone.

  2. mpanga Lawrence

    Jan 28, 2017 at 3:35 pm

    Hello Stephens
    Right from my childhood,i have been trying to start up different businesses but hardly come out.
    Seriously am innovative and creative but things are not working out I don’t know why.
    Am good at viewing opportunities when others don’t see them.
    From today am going to start using my weakness to achieve my success.
    When it comes out I will share with you.thanks brother

  3. Kurtis Stephens

    Nov 17, 2016 at 6:21 am

    Hi Melissa,

    I’m glad that I found this post! It is very insightful – I am going through these difficulties currently with my new startup.

    I definitely agree with all the points listed. In the beginning, it can be so exciting and so much fun; “Yeah, I’m starting my own business!”. But then quickly, as the work adds up, the long hours build up and progress is slow, it can become disheartening and tough. It’s definitely not a commitment to take lightly.

    I thought it was going to be a breeze when I first started, considering my knowledge on the topic. However, knowledge is just one aspect of the whole process. I find that progress is slow, but it’s still worth it. They say time is the only healer – I think that’s true for business too. You need to put the time in to nurture and progress, stay committed, stay motivated and keep having fun.

    The results will come.

    Thanks for the post!

    Kind regards,
    Kurtis Stephens/

    • Melissa Chu

      Nov 17, 2016 at 3:19 pm

      Definitely, Stephen! I’ve been there with the whole excitement and energetic thing in the beginning, and then the disheartening feelings that follow.

      Interesting you mention that time is the only healer – especially nowadays, we’re losing patience as a society and everything needs to be fast-paced or quick. Otherwise, our attention span goes off to somewhere else, which doesn’t help when commitment is required.

      I find that picking up fun hobbies outside of your long-term commitment can give you renewed energy. Also, there isn’t that same pressure to keep going if you get bored or tired of your hobby, which is refreshing.

      thanks for reading!
      Melissa

  4. Cor the Coach

    Nov 13, 2016 at 5:20 pm

    Things that can be added:

    – Refocus on what your REAL goals are
    – Kill a lot of your ideas/darlings
    – Expect unexpected, possibilities, people and support
    – You are not alone, but you are not always surrounded with the like minded people.

    The moment you do not believe in yourself, you will lose a lot more than business.
    So find the people who do believe in you, or at least to whom you can talk about. A coach, mentor or a very good friend helps definitely.

    • Melissa Chu

      Nov 14, 2016 at 3:11 pm

      Great points Cor, especially about surrounding yourself with the right people. There will be a lot of people who don’t support what you do, whether well-intentioned or not.

      thanks for reading!
      Melissa

  5. Lawrence Berry

    Nov 13, 2016 at 4:43 am

    These are truly some harsh realities that people have to become accustomed to if they want to be successful in the business world. They have to know what they are getting themselves into because starting a business can be a very hard endeavor, especially if you have too many expectations in the beginning. You have to know that you will learn a lot, and that there will be challenges. But never giving up is the only surefire way that you will not fail.

    • Melissa Chu

      Nov 14, 2016 at 3:12 pm

      So true how people can have too many expectations, Lawrence. I think it’s also made worse by the fact that all this hype is made about the rewards, but not enough about the world involved.

      Thanks for reading!
      Melissa

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Startups

Here’s How Facebook Can Shape Your Startup in 2018

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Out of the many things that Facebook can do, it has the impeccable power of shaping your startup and providing a huge platform to reach out to its customers. Startups are constantly using the features of Facebook to engage their customers and implement in their content strategies in the unique ways.

Do you want to use this most popular social media platform as a marketing strategy for your startup or business? Here’s how Facebook can shape your business in 2018:

1. The rising trend of videos

Videos are undeniably the hottest trend of present times. The first thing that you most often come across on the social media platform is videos. There are various reasons why the popularity of videos has grown to strikingly unprecedented levels on social media platforms.

The content around us is evolving more and more with each day and can be credited to the changing preferences of people. The long written blogs and other stories are being converted to short videos and video stories. To understand why people prefer videos more than anything else, ask yourself if you were given a long paragraph to read and a video, what would you choose? Videos are always more engaging than written content.

It has the power to instantly connect with people and touch their emotional self in a more compelling manner. Videos are the relatable and much easier way of grasping things. More and more companies these days are using video as a marketing tool.

So, it doesn’t matter if it is a product launch or a DIY tutorial, or an advertisement, videos are one of the best ways of engaging the customers. Facebook is providing a wonderful platform for videos to flourish and shape businesses in the coming years.

“Activate your fans, don’t just collect them like baseball cards.” – Jay Baer

2. Use the power of live marketing

One of the most advantageous and unique features of Facebook is Live Marketing. Live Marketing has helped businesses and startups attain an upper hand in the market and stand out with their strategies. As intimidating as live marketing on Facebook sounds, it’s equally tricky and challenging to accomplish. If done the right way, it can do wonders for a business and shape their strategies towards unconditional support from their customers.

Facebook’s algorithm uses over 100,000 different signs to decide which posts should be prioritized on the customer’s feeds. So, no matter how great the content you produce is, there is a strong chance that your content will get overshadowed by the unlimited posts from friends and family.

So, if you want your message to be heard, one of the best ways is to go LIVE on Facebook. The live feature from Facebook instantly provides a free pass to the business and enables them by reaching in front of the queue to speak directly to the customer.

As you go live, all those following you receive an instant notification to connect with you. While going live is facilitating Facebook to get more and more customers hooked on to their sites, it is also enabling companies to catch their customer’s attention. You can stream a lot of things live on Facebook. These can be seminars, any discussions, interviews, or events. Think of ways to go Live and embrace this great feature.

3. Get your fans to create wonderful content

Another way that startups are shaping their strategies on Facebook is through their own customers. It’s always a great idea for customers to interact with your business so that you get some buzz in the market. You can ask your happy customers to create content for you. This tactic will help rush the engagement and accelerate more attention towards your business page.

Let people talk about you more and more and letting Facebook know that there is a constant buzz around your brand. Driving engagement with the audience is a successful social media strategy that has a life of its own. One of the most basic examples are the meme pages on Facebook. They let their audience post memes, which is the core content in their case, and circulate them to the rest of the world.

You can come up with contests which require posting photos and videos online. If you are a food brand, you can ask your customers to post pictures of a recipe that they tried at home, or video of a new recipe. This will draw a great engagement to your brand and help you gain your audience’s attention.

“When you say it, it’s marketing. When they say it, it’s social proof.” – Andy Crestodina

4. Paid advertising

Paid advertising is one of the keys to achieve your objectives. It’s important to understand that while paid advertising might not work for everyone, it ultimately comes down to the ROI of your strategy.  

Paid advertising is quite inexpensive, as compared to other advertising channels and platforms in the market. It can help you get a number of potential leads, and most importantly attention among your target customers.

5. Start a Discussion

Facebook allows you to start a discussion to engage people and leave them with something to talk about your brand. There are some ways that you can initiate discussions, such as polls, quizzes, reviews, etc. Through these tactics, Facebook can help your startup get your customer’s attention and understand their personas for forming better marketing strategies.

Customer personas revolve around knowing the habits, likes, dislikes, age, preferences etc. of the customer. Through the discussion, you can get to know your customer and customize your content based on their likes.

How do you use Facebook as a marketing channel for your startup or business? Please share your thoughts in the comment section.

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3 Excuses to Overcome When Starting Your Business

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At one point or another, you’ve probably had a great idea. For some, that great idea comes when they’re driving down the road. For others, it comes when they’re singing in the shower. For Tenacious D (Jack Black’s band), it came in a dream. Unfortunately for him, he couldn’t remember what the great idea was, but wound up writing a song with these words, “This isn’t the greatest song in the world, it’s just a tribute to the greatest song in the world.” The fact of the matter is, we all have great ideas. What separates those who are successful from those who aren’t is one little word – action.

I had the privilege to sit down with Alex Nerney, Co-founder of Create & Go, who used a process of sorts to establish two online websites grossing $100k/mo in profits. Alex talked about three things that hinder a business owner from bringing that idea into a reality. He also interjected three solutions to get rid of the yips and succeed. Hang on, your success is on it’s way.

1. There’s Too Much Competition

As quick as the business idea hits you, something else begins to gnaw at your brain – doubt. Doubt is a common emotion when it comes to creating something new. All of a sudden you realize you’re going to need “this” and “that” and “the other thing” to make it work and you begin to have a realization of the fear of failure. Mr. Nerney explains, while a lot of business ideas that pop up every day on the internet do not work out for the idea-owner, it’s not the fault of the idea.

For example, if you feel like you’re an expert in Facebook advertising and you want to create a consulting company to help other businesses succeed in Facebook ads, right from the beginning you’re going to notice there’s a TON of Facebook ad consultants out there.

Solution: Needle the Niche

Alex says to make your idea unique by niching down. In other words, don’t simply consult on the entire spectrum of Facebook advertising, but perhaps you could make it even more fine-tuned by being the expert at Facebook video ads for dress and apparel companies.

Now you have something to work with. Now you are targeting a specific origin of customer and, if your passion is in apparel (or whatever it may be), show your strengths by displaying an example for them. Niching down is a powerful way to help your business idea stand out from the crowd.

“The biggest competition is myself. I am not looking to follow others or pull them down. I’m planning to test my own boundaries.” – Rain

2. I Don’t Know Enough About This

Alex says, “The most dangerous part of saying ‘I don’t know enough about this’ to yourself is how it strings you along and convincing you to wait for the clandestine moment where you’re finally ready.” Inevitably, action will be required on your part if you are truly serious about accomplishing this particular goal in your business.

Without action, you never truly learn anything from your failed tasks. If you can create a positive mindset about your goals and begin to understand failure isn’t a closed door, but simply another opportunity to craft your creation a better way.

Solution: Don’t Ever Quit

After speaking with Alex on this point, I was reminded by a man who was full of failures.

  • He lost two jobs
  • He ran for the state legislature and lost
  • He started a business and failed
  • His high school sweetheart died.
  • Defeated for Speaker of the House
  • Defeated for Congress
  • Rejected for Land Officer
  • Defeated for U.S. Senate
  • Defeated for the nomination of the Vice Presidency
  • Defeated for U.S. Senate AGAIN

This guy was full of failures. But there was one resolve in his attitude and the aspect in which he saw himself and where he was going. He never quit. Finally, in 1860, Abraham Lincoln was elected to be the President of the United States.

Don’t ever stop educating yourself. Don’t ever stop staying informed of the current issues of your potential clients and customers. Read, evaluate, learn, and jump in with both feet. You will eventually start to see progress in your learning curve. What would have happened to history if ol’ Abe had given up after the first few failures? I’m sure it would be a completely different story. If one door closes, another door opens in the pathway to success so keep your eyes open.

3. I Don’t Know Where To Start

With so many avenues of business appearing out of nowhere in the online business world, it can be confusing at times to know exactly what starting point you should attempt. If you continually watch competitors, how big their audience is, or how engaged they are with their customers, it can be intimidating.

Normally when you focus on others, you compare yourself to them and if you have 200 followers on Facebook and your competitor has 200,000, that’s a big wallop to the confidence level. It’s important to focus on what YOU are wanting out of your business idea.

Solution: Make Three Lists

If you’re coming against the “I Don’t Know Where To Start” wall in your business idea, Mr. Nerney suggests you pick a path and give it a try. Of course this needs to be something you’re passionate about or something you can bring value and quality to your customers or audience.

  • List 1 – Sit down and make a list of the talents you can bring to the table to a preferred customer. Do you write well? Are you great at building relationships? Are you a good communicator? Write those traits down.
  • List 2 – Write down what you want your business to accomplish. Will it be the Facebook video ads we discussed above? Whatever your decision make this the point where your customers simply have to have you over your competitor. This is where you can be different from the pack and it’s a great opportunity to stand out.
  • List 3 – Focus on the type of customer your business will be targeting. This is going to help you tremendously when you get started because your target area will be fine-tuned and won’t be straying off the beaten path getting stray customers who have no interest in what you’re trying to do.

“Fail often so you can succeed sooner.” – Tom Kelley

Alex describes this as a business persona. In essence, you are creating a mythical business which will be your ideal client. If you’re not targeting businesses, this will still work with individuals and is called “social personification”.

For instance if your business is going to do Facebook ads for clients who have apparel businesses, you would make a business (or personal) persona that looks something like this:

Business Name: The Company

Ideal Client: Single women ages 24 – 31 who prefer the night-life and fancy dresses

Best Seller: Long sleeve tops

Average Income: $50,000/mo

Desired Social Platform: Facebook

Their Main Problem: having trouble with Facebook video ads to target their customers

You get the idea. Alex mentions you can go very deep and intimate with this description. Eventually you will be targeting a company (or person) who fits this criteria by writing content that suits their needs, etc.

In Conclusion

Do you have a great idea yet? Are you cultivating a business plan as you read this article? Every successful business owner started exactly where you’re at right now. What will make you any different from them? Frankly, nothing can make you different except you.

Every idea has an excuse it battles and you will be able to realize right from the start whether your idea is worth acting on or not. Using the tips Alex Nerney has given you today, you could be on your way to creating one of the strongest businesses this internet has ever seen. Who knows? It could happen.

How do you overcome your own excuses? Let us know in the comments below!

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Startups

Why I Choose Career Suicide Every Day.

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Every day I commit career suicide in the eyes of many. Some would say I take a metaphorical dump on my own face each morning.

Why do I say that?

I say that because every day I do things that in the past would have been career suicide.

The things I do each day that people think are career suicide, which I believe are crucial for success in your career, are these:

 

Stir emotion.

Most people live their career in auto-pilot. They chase money and then wonder why they feel like sh*t later on. Auto-pilot forces you to forget about emotion and evoking it in others. Auto-pilot sucks the emotion out of us and causes us to wear a mask.

I choose to stir emotion in people because that’s what has taken me to new heights. When people feel emotion because of your actions they react in crazy ways.

An example from my own career is sharing emotional messages on LinkedIn. I share my deepest, darkest secrets, failures and emotional battles so others can benefit.

I continually get reactions that cause people to go crazy. This is why a lot of what I’ve said has gone viral many times over. The aim is not to be a social media star though; the aim is to stir emotion.

Emotion creates motion.

Emotion brings people closer to you which has incredible benefits in a business world that has lost a lot of human interaction.

 

Saying what you think.

I regularly tell people each day with politeness that “I’m not interested,” or “They’ve let me down,” or “I won’t be buying.”

Delivering these harsh messages is considered career suicide.

“What if someone gets upset?”

“What if they tell my boss?”

“What if I’m wrong?”

These are the questions that spin out of control in our minds when we say what you think. When you say what you think with politeness, you allow people to understand what you’re thinking.

This gives them an opportunity to change paths or move on to the next opportunity saving everyone time. Saying what you think is not career suicide; it moves business forward and it’s honest.

 

Choosing creativity.

We’ve all been enslaved for an hour by a PowerPoint presentation that has zero creativity. Creativity is career suicide in a lot of people’s minds because it’s expressing who you are.

Creativity is giving a non-typical answer to a problem.

Creativity is bringing your outside passion into the workplace.

Creativity is telling a personal story to change how people think.

Creativity is beautiful.

So many of your colleagues use no creativity in their work life and then they wonder why they lack passion.

 

Bringing up old failures.

We’re all selling every day whether we’re in sales or not – that’s the cliché we’ve all heard of, right?

When people sell you a product or service they rarely you tell you about its failures. If you knew those, then maybe you wouldn’t buy what they have to sell.

That thinking right there is flawed.

Talking about the failures looks like career suicide until you embrace the concept that most of us are wrong more often than we’d like to think.

We’re probably wrong more times than we’re right.

Talking about your failures in any context brings us in closer because we all share these same dirty little secrets. In fact, most of our failures look the same.

I talk about my failures all the time especially when people ask me about the big moments of success I’ve had. Someone asked me about the viral LinkedIn article I wrote recently and I told them about the one that was posted around the same time that pissed everybody off.

I wanted them to see what success really was and give them a backstage pass to the show that everybody pretends is not being performed every day.

Most of my blogging has been a failure except a few small parts. That is, until one day, it’s no longer a failure. Until I hit the tipping point.

Even once I reach the tipping point I’ll still continue to fail and so will you.

“Failure is not career suicide and you should talk about it more if you want to stop lying to yourself and everyone else. We’re all selling (I agree) so let’s start selling the truth”

 

Have a grand vision.

“That Tim guy talks a big game, doesn’t he? What a joke.”

That is the recurring thought that runs in people’s heads when I announce my grand plans and vision for almost anything I’m working on. Grand visions can make people think you are full of sh*t and have lost touch with reality.

This idea is nothing more than a limiting belief.

“Unless you start thinking big things in your mind you’ll never get close to anything of that nature. You’ll keep playing it small in the sandpit of a ‘realistic reality’ instead of a somewhat unreasonable vision for what you could be doing”

Grand visions are not about overselling what can be achieved; they’re about pushing boundaries and shooting for Mars and maybe landing on the moon instead which is still pretty freaking cool!

The practice of having grand visions is rarely practiced by many in the business world, so it’s a great way to stand out, be remembered and do something audaciously delicious.

Real Career suicide is having mediocre visions and not being the best you can be which may not even be imaginable yet.

 

Mention your health challenges.

I’ve had my fair share. From a near miss with cancer, to mercury poisoning, to stress levels that nearly crippled my career – I’ve seen it all and I’ve shared all of them.

I’ve noticed that my colleagues think talking about your health challenges is a sign of weakness because no one wants to work, partner or employ a human being who could be sick or dying.

The truth is the other way around: unless you talk about your health challenges, you’ll never have come face to face with your mortality which means you’ll take your time on this Earth for granted. That’s what will f*ck you up your career not some BS perception of weakness.

Knowing your mortality is strength in every aspect of your life and career.

“Weakness is followed by enormous strength”

 

It’s easier to be different than better.

Committing career suicide as described by others, like I have, will make you different. You can try and compete with the perfect specimens who only show the highlight reel of their career or you can do what so many are not prepared to do and play a different game.

Combining vulnerability, authenticity, honesty and humility looks like career suicide until you understand that it’s what differentiates the Martin Luther Kings from the Bob Kings who you’ve never heard of or respected or been inspired by.

 

Why should you choose career suicide?

You should choose career suicide because it’s nothing more than a false perception.

 

Career suicide is now what it takes to have career success. The two go hand in hand. Choose career suicide so you can distance yourself from all the fakery that has left people scratching their heads and wondering why they were born in the first place.

Choose passion and purpose instead of hiding behind a mask that makes you angry with yourself in the long-term.

Career suicide is about choosing to be human.

 

Join me in committing career suicide.

I’m going to pledge right now to keep committing these horrible acts of career suicide. It’s what I believe will move the business world forward.

I want you to join hands with me (let’s not do the Kumbaya thing) and commit to career suicide. What you’re really signing up to is a career that you never thought was possible.

My career has gone down that road and I’m never giving it up.

I want you to feel the same joy I feel when I commit career suicide.

If you want to increase your productivity and learn some more valuable life hacks, then join my private mailing list on timdenning.net

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How Your Mindset Plays an Important Role in Scaling Your Business

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You have already validated your product within the marketplace and achieved significant traction, and now it’s time to scale. Shifts to managerial processes and internal workflows are crucial to growing your business. However, another critical element to this evolution is expanding your leadership mindset from focusing on launching your business, to growing it.

Founders who only focus on external efforts most often fail to succeed accelerating growth and have a harder time managing to scale their businesses. Dr. Carol Dweck has done an extensive research on achievement and success and has discovered a truly groundbreaking concept. In her book “Mindsets: The New Psychology of Success”, Dweck explains why it’s not just our abilities and talent that bring us success, but whether we approach them with a fixed or growth mindset.

This is one of the reasons, all the tactics, systems and strategies won’t help at that stage of your company’s development if you don’t have a strong mental game. Your mindset has to grow in lockstep with your business, and a fixed versus growth mentality can be a critical factor in achieving success. Let’s see why!

Fixed mindset entrepreneurs

This group has a defined identity and often uses labels and affirmations. They would see situations and qualities as unchangeable and their skills and capabilities as fixed. They may say: “ My experience is such that I won’t be good at/or successful at (some new task)”,  or believe that certain people were born leaders, or “the people’s type”, or communicative etc. The strengths and behaviors allowed them to successfully navigate the early stages of their business won’t be sufficient for scaling or could even work against them in the process.

The initial tactical approach needs to be replaced with a strategic one. That requires a shift in the mindset and identity, to see the bigger picture and understand what new behaviors and skills they need to develop in order to succeed the rapid changes coming their way. “Know it all”, keeping a tight control or not adapting are clear signs of a fixed mindset. How we choose to see ourselves and our identity can have a tremendous impact on our overall success.

“I think anything is possible if you have the mindset and the will and desire to do it and put the time in.” – Roger Clemens

Growth mindset entrepreneurs

This group is constantly evolving. Themselves and their businesses are never seen as a finalized structure. A company really grows by finding ways to serve a sizable market and/or constantly innovating and adding to their products or services. The same applies to entrepreneurs with a growth mindset. They seek ways to add to their skill set by not being afraid to be exposed to a challenging situation.

They are able to see the hard times as opportunities to develop a side of themselves they didn’t even know existed. They see themselves as a product of their experiences, hence they look for more experiences to help them expand and enrich their personality and skills even more. They don’t label or judge these experiences, they see them as an opportunity. The success of their company so far is a product of a number of contributions everyone on the team has brought in.

Data and feedback, negative or positive is welcomed and serves as a reason to get curious. That way of thinking enables continuous innovation and improvement. Change is always positive because it is not only a constant in business nowadays, but it brings more chances to evolve. Growth mindset entrepreneurs see the bigger picture of the journey, are more resilient and have more chances for a long-term success.

Here are a few ways to set yourself on the growth track:

1. Give up control and delegate

It’s absolutely understandable to have a tight grip on everything in the beginning stages. Most of the work is done by you, your co-founder and maybe another team member. The processes are not documented, so you’re used to overseeing everything closely. When it’s time to scale, you have to find a way to delegate appropriately. Not leaving the scene, but learning to trust and build your people up. Giving them the right tools to execute without you and helping them unfold their potential too.

2. Open up your mindset to see the challenges as growth experiences

The easiest way to do that is to simply ask yourself in the face or a difficulty or as a matter of fact in the face of success too: “What might be the opportunity here?” This will help you lessen your judgment of the situation and offer you different angles of how to solve the problem.

3. See the bigger picture

It is time to build the systems and most importantly to work on your strategy. As much as the creative side and the experimental phases are fun, scaling needs more structure. Instead of the immediate gains, seek ways to implement the tactical steps to follow the long-term strategy. Setting this in place will allow you to free up more time, so you can get involved in solving the harder problems. And this is essential to get through the threshold.

“Grinding is a mindset and a willingness and commitment to work at it.” – J. B. Bickerstaff

4. Take ownership

Take ownership of your attitude and leave your ego behind. Having a growth mindset is about being open to admit you can and will fail. How you see the difficult situation is what makes all the difference. Failing is a part of the learning process and the more you get used to sitting with these experiences and grow from them, the more your identity will develop. Adopt a perspective of being in the constant act of becoming and evolving. Everything that happens serves as a test to teach you what works and what doesn’t. You must be versatile and embrace change as something inevitable and beneficial.

It is great to be recognized as an expert, but when it comes to entrepreneurship, as Andrew Weinreich, a serial entrepreneur, said to me a few weeks ago, it is vital to have the basic understanding and general knowledge about the different areas of your business. You don’t have to be the best in everything, but curiosity and being open to learning new things constantly will help you connect the dots and see the big picture. It is important to understand how things fit together, so you see the opportunities for connections inside and outside of your company. That naturally leads me to the last point.

5. Celebrate the success of others

Celebrate the success of others and appreciate collaborations and partnerships. Noticing and validating the success of other people will help your mindset shift in a positive and more abundant perspective. Understanding that there is enough pie to go around for everyone is a game changer to your level of growth.

It will enable you to internalize your own wins as well and determine the qualities and skills you have acquired up to this point. Most importantly, it allows you to build deeper connections which can lead to more satisfaction and of course opportunities for your own business to grow.

You’ll be a part of the whole and surrounding yourself by successful people will bring you more motivation. Always seeking a “win-win” situation is the way to go if you want to build strong partnerships and expand your network for future positive ventures.

At the end of the day, you need to think big to achieve big results. Scalability has to do a lot with your mindset and building from that place makes a difference.

What are some techniques you use to level up your mindset? Comment below!

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