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Embrace a Growth Mindset to Achieve an Infinite Amount of Success

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growth mindset
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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.

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Success Advice

15 Essential Habits to a Stronger, Healthier, and Happier You

The journey towards transformation is not about perfection but about progress

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building positive habits

What habits can truly transform your life? That’s what you’re here to uncover. In our no-nonsense guide, we’ll introduce you to 15 habits to change your life, each with the power to improve your day-to-day existence.  (more…)

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Success Advice

19 Common Characteristics All Visionary Leaders Have

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visionary leadership qualities

When you look at business leaders like Bill Gates, Sam Walton, Sir Richard Branson, and philosophers like Bertrand Russell, Martin Heidegger, Ludwig Wittgenstein, David Bohm,  C. S. Peirce and inventors like Nikola Tesla, Paolo Soleri, Harvey W. Bailey, Thomas Edison, Alexander Graham Bell and Wright brothers and political leaders like Mahatma Gandhi, Martin Luther King, Jr. and Aung San Suu Kyi, it becomes very clear that they are all connected through one leadership—visionary leadership. (more…)

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Success Advice

Wealth Lessons Everyone Should Hear for Every Stage of Your Life

Do you have the courage to rewrite your story?

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what i would tell my younger self

Do you see what I see? Likely not, as we each see ourselves through the lens of our own story. (more…)

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How to Choose the Best Affiliate Programs for Your Blog

If you follow these steps, you can create an affiliate marketing plan that makes money, fits well with your content, and connects with your readers

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how to choose the best affiliate programs for your blog

Picking the right affiliate programs for your blog is really important. It can make a big difference in how much money you can make and how much your readers get out of your blog. With so many choices out there, deciding which ones to go with can be tricky. 

This guide is here to make it easier for you. It will give you clear steps and helpful tips to choose affiliate programs that fit well with what your blog is about, what your readers like, and what you stand for. 

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Understanding Affiliate Marketing

Before you start picking affiliate programs, it’s important to really understand what affiliate marketing is and how it works. 

Basically, affiliate marketing is when you promote a product or service on your blog, and then you get paid a little bit every time someone buys something or does something because you recommended it. 

It’s great for both the person selling the product and the blogger, because the seller gets more sales with low risk, and the blogger can make money from their blog.

How to Choose the Right Affiliate Programs for Your Blog

1. Assess Your Niche and Audience

The key to doing well in affiliate marketing starts with really knowing what your blog is about and who reads it. Consider the following:

  • Your blog’s content: What topics do you cover? Ensure the products or services you promote are relevant.
  • Your audience’s interests and needs: What solutions are they seeking? Choose affiliate programs that offer products or services that solve their problems or enhance their lives.

2. Research Potential Affiliate Programs

Once you know what your blog is about and what your readers want, start looking for affiliate programs. Choose ones that are well-known for good products, great customer service, and helpful support for affiliates. Resources to find these programs include:

  • Affiliate networks like ShareASale, Commission Junction, and ClickBank.
  • Direct searches for “[Your Niche] affiliate programs” in search engines.
  • Recommendations from other bloggers in your niche.

3. Evaluate the Commission Structure

The commission structure is a critical factor to consider. Look for programs that offer competitive rates that make your efforts worthwhile. Consider:

  • The percentage of commission per sale.
  • Whether the program offers a flat rate per action (e.g., per sign-up).
  • The cookie duration, which affects how long after a click you can earn commissions on sales.

4. Consider the Program’s Reputation and Sureness

Join affiliate programs with a solid reputation for quality and sureness. This not only ensures that you’re promoting good products but also that you’ll be paid on time. You can:

  • Read reviews from other affiliates.
  • Check the program’s history and background.
  • Look for any complaints or issues reported online.

5. Analyze the Support and Resources Offered

A good affiliate program gives you things like ads to use, training on their products, and helpful managers. Having access to these resources can really help you do a better job at promoting their products.

6. Understand the Terms and Conditions

Before signing up, thoroughly review the program’s terms and conditions. Pay close attention to:

  • Payment thresholds and methods.
  • Any restrictions on how you can promote their products.
  • The program’s policy on affiliate marketing on social media platforms.

7. Test the Product or Service

If possible, test the product or service before promoting it. This firsthand experience allows you to offer genuine charge and build trust with your audience.

8. Look for Recurring Commission Opportunities

Some affiliate programs pay you again and again for subscriptions or services that charge fees regularly. These can provide a more stable income compared to one-time sales commissions.

Implementing Your Choice

After choosing the best affiliate programs, the next step is to smoothly include your affiliate marketing in your content plan. This includes:

  • Creating valuable content that naturally incorporates affiliate links.
  • Disclosing your affiliate affairs transparently to maintain trust with your audience.
  • Tracking your results to understand what works best for your audience and adjusting your strategy accordingly.

Picking the best affiliate programs for your blog involves careful planning, research, and making sure they match what your audience likes and needs. 

If you follow these steps, you can create an affiliate marketing plan that makes money, fits well with your content, and connects with your readers. 

The real key to doing well with affiliate marketing isn’t just about the products you talk about, but also how much your audience trusts and values your advice. 

With enough time, patience, and hard work, your blog can grow into a successful space that earns a good amount of affiliate money and helps your readers choose the right products.

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