Connect with us

Success Advice

Embrace a Growth Mindset to Achieve an Infinite Amount of Success

Avatar

Published

on

growth mindset
Image Credit: Unsplash

Being an entrepreneur isn’t easy. On top of all of your responsibilities, you’re also in charge of your own education. You can’t stop learning, or you’re going to fall behind your competition, no matter your industry. All of the pressure on you might make that feel impossible. How do you handle it? By embracing a growth mindset.

What is a growth mindset?

A growth mindset is a term coined by researcher Carol Dweck, that encourages individuals to view failure as a teacher. We’ve shared before that “By developing and altering our mindsets to develop, we are enabling ourselves to make positive changes in our lives, allowing us as individuals to aim high, achieve our goals, and live our dreams.”

A growth mindset is a different approach than a fixed mindset, which dictates that skills, capabilities, and comprehension are all set in stone. A fixed mindset means you take failure personally, don’t try to broaden your horizons, and let your pre-existing skills determine your future success. When it’s laid out like that, it feels like a no brainer for entrepreneurs. Obviously, you want a growth mindset.

Here are a few ways to embrace that mindset for your future success:

1. View weaknesses as opportunities

This is the number one key to developing a growth mindset. If you allow yourself to view failure as a final destination, you’re never going to succeed long term. “Fail fast, fail often” is definitely something you’ve heard before as an entrepreneur. It’s a common mantra for a reason! You need to be able to pick yourself up from failures.

Identify your weaknesses, and be honest with yourself about them. This way, you can start self-educating to make progress, and can avoid pitfalls at the same time. Do you have a tendency to be overly self-critical? Consult with a mentor to get a reality check. Are you a perfectionist to the point of self-destruction? Talk with your community to get a more balanced perspective.

You know yourself better than anyone. Admitting to mistakes and owning your failures is the best thing you can do for your long term success as an entrepreneur. Every failure is a chance to improve. Your next venture won’t make the same mistakes, and your awareness of your faults will only make you stronger. 

2. Become more independent 

Another benefit of cultivating a growth mindset is it increases your independence. Having a fixed mindset means that you rely on others for your confidence. If you’re afraid to take risks, you’re going to be reliant on the option of your peers to develop your opinion of yourself.

This isn’t sustainable for an entrepreneur. Overall, you need to rely on yourself, first and foremost.

Entrepreneurs need a thick skin to survive in the startup world! A growth mindset means you know your own value, and you take the time to invest in your success. As mentioned above, you certainly need a community to support you. However, your first and strongest sense of support needs to come from within. 

3. Keep communication open 

Balance is key when you’re running a startup. You need a solid work/life balance, you need a balance of input and output, and you need a balance of feedback and the independence we just talked about.

“Communication rules so many aspects of your business,” says Nexa. “It needs to move to the top of your priority list as a small business owner. Rather than settling for the status quo, continue to think about the point of view of others.”

Embracing a growth mindset means you need to learn to thrive on feedback. Don’t be afraid to ask your team for their thoughts and possible solutions! Learning from everything means learning from everyone you possibly can.

Move towards success by embracing a growth mindset 

Pursuing a growth mindset is an admirable goal for any business professional, but especially for entrepreneurs. While you don’t have to get there overnight, you can greatly improve your chances of business success by being honest about weakness and balancing independence with communication.

Parker Davis is the CEO of Nexa, a leader in the virtual receptionist and technology-enabled answering services industry. He believes that the application of data analytics, investment in technology, and fostering a positive company culture together create highly efficient and scalable growth companies. In 2016, Nexa achieved record revenues while also being awarded the Top Companies to Work For in Arizona award. Parker is also the Managing Partner of Annison Capital Partners, LLC, a private investment partnership. Follow him @callnexa and on Facebook and LinkedIn.

Success Advice

4 Foundational Values to Building a Brand on Social Media

Avatar

Published

on

Image Credit: Unsplash

A simple search about personal branding, and you will find articles about colors, logos, and brand identity. They are all essential, but you must understand that personal branding is about the person behind the brand. People will connect with you and how you make them feel instead of your colors and or logo. That is why I am sharing these foundational values that have catapulted my brand, and it will do the same if you stick with it. (more…)

Continue Reading

Success Advice

5 Secret Codes to Making The New Year a Winning Year

Avatar

Published

on

Image Credit: Unsplash

We just had a new year come to pass. And you are probably looking ahead wondering how to make this a winning year. And I am here to unlock with you the 5 evergreen secrets that I have learned that helped me to win year after year. (more…)

Continue Reading

Success Advice

Here’s Why People Get Mad When You Achieve Success

Avatar

Published

on

Image Credit: Unsplash

There’s no denying that success comes in different “shapes and sizes”. You could be successful financially, romantically, or health-wise. And if you’ve always found yourself to be advantaged in some way, then you must already know that some people feel a little envy towards you, (and may want to take what you have), but you can understand where they are coming from. However, what is perplexing is when the people you’ve always known suddenly become jealous when you begin to win or shine more. And when you think about it, the logical conclusion would be “they should be happy for me now that I’ve achieved success”, but this is not the case at all times and that’s the harsh reality of life. (more…)

Continue Reading

Success Advice

5 Hacks to Beat Fear and Become More Successful and Abundant

Avatar

Published

on

Image Credit: Unsplash

Fear and success don’t usually go together. When we look at who we believe to be successful, they look so confident and sometimes less like ourselves. When we begin this comparison, we tend to go inward and feel self-doubt. This is often when the fear sets in. We do this in so many areas of our lives on an everyday basis. (more…)

Continue Reading

Trending