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

7 Ways to Share Your Story on Social Media

Avatar

Published

on

Image Credit: Unsplash

Content marketing is “A type of marketing that involves the creation and sharing of online material (such as videos, blogs, and social media posts) that does not explicitly promote a brand but is intended to stimulate interest in its products or services”. In other words, explicit marketing is simply saying “buy my stuff!” whereas content marketing is the art of persuading people to do so through storytelling. (more…)

Continue Reading

Success Advice

10 Tips to Deal With Negativity While Starting a Business

Avatar

Published

on

Image Credit: Unsplash

There are ups and downs in business but fearing failures can stop you from taking your first step towards excellence. With pandemic on tow, aspiring entrepreneurs feel a little stuck when ideating a business prospect. Here, we give you some actionable tips to deal with negativity while starting a business, even during situations like a pandemic. We also took the liberty to throw in some amazing book recommendations that’ll help you enjoy the process of being positive and achieving your business goals.

10 Tips to deal with negativity while starting a business in a pandemic

1. Get a mentor

The first thing to do as a new business owner is to find the right kind of mentor. That person could be someone in your industry or in general who you look up to. The guidance must be apt for your business, and it should be a mutual responsibility of sharing knowledge. 

2. Two big R’s – Routine and Refresh

Made a mess of something? Try to reboot the situation and make it work. Take a break once in a while and refresh yourself if you feel stuck or your ideas feel mundane. Plan a routine and stick to them – both personal and professional. Having a routine can increase productivity and engage in more activities apart from your pre-planned schedule. 

3. Inculcate problem-solving mentality

Do not panic once you are thrown a problem. Arrange a meeting with the respective party, listen to both sides of the stories, and make a decision that is more realistic and feasible. 

4. Hire half and half

Whenever you hire someone for your business. Make sure that half of the people contradict your ideas, and the other half have the same mindset as yours. The people who contradict can bring in more valuable points and their perspective might take the discussion to a whole new level.  Don’t take too much time finding the perfect one. Hire an apt person who can have the right attitude. 

5. Network, Network, and Network

Find like-minded people and mingle with them. Be more sportive in the learning process. Listen more and talk less – if you are a beginner. You can only be a constructive person who gives input to someone if you have listened to everyone’s point of view. If you feel down, your network might have something to uplift your mood and change your perspective on something. 

“Negativity, in general, is one of the things that holds people back, and you have to see what’s holding you back to get away from it.” – Lucy Dacus

6. Tech-savvy personnel

Learn a thing or two about the latest technology that you implement in your organization. Since the world revolves around technology, make sure your administrative authority knows as well.  

7. Don’t schedule a meeting, that could have been an email

Yes! I said it. Having unnecessary meetings will weaken the purpose of having a constructive discussion. Having back-to-back meetings drains the team members and yourself too. Always have a 10 to 15 minutes break between each meeting to feel refreshed and give your 100%. 

8. Have a pros and cons list

Always, I mean always have a pros and cons list. Let’s say one of your team members pitch an idea to improve the marketing strategies starting next month. Jot down the pros and cons before approving or rejecting it point-blank. It’s a systematic way of making a decision. 

9. Track your finances

Even if you have a team of accountants and auditors, make sure that you are present (both mentally and physically) – learn if you are not aware of it. Trusting your employees is a must, but not overseeing the records is a mistake that should be avoided. 

10. Remember your “why?”

At some point in your hectic schedule or not having ME time can get to you. During those tough times – ask yourself – “Why am I doing this?”. If you can answer this question with a valid explanation, you’ll feel energized. Because “A purpose drives you”. 

5 Best books to read to be more positive as an entrepreneur

Reading always puts me into perspective. Therefore, I took some liberty to give a sample of positivity and determination through words. 

These are the 5 books that’ll guide you to be a more positive and successful entrepreneur. 

  1. Attitude is everything by Jeff Keller – The decisions you make, the routine you set for yourself, and the affirmations you say to yourself every day are going to make a huge difference. If you feel tired, hopeless, and quitting – then this book is for you to boost you up!
  2. Mindset: The new psychology of success by Carol Dweck – You do what you think. In this book, the author talks about two mindsets: The growth mindset and the fixed mindset and what they’ll do to you respectively. She helps you recognize your mindset and change it for the better. 
  3. Innovator’s Dilemma by Clayton Christensen – This book is about technology uprisings all over the world and businesses that adopted and implemented technology in their firm. The author teaches you that just because your competitors and others are adopting something into their businesses doesn’t mean that you have to as well. Make an informed decision. 
  4. As A Man Thinketh by James Allen – This book specifically is about the power of thought and how it shapes your life into a more meaningful and fulfilling one.
  5. The Power of Now by Eckhart Tolle – The author talks about how people always keep thinking about what the future holds but then forget to live and enjoy the present. And also helps us understand how to make decisions more efficiently based on the present. 

Working towards inner balance requires consistency and perseverance. So does hard and smart work. Being negative is a part of our lives. It’s important to channel it appropriately and make things happen despite the roller coaster ride that is our lives. Hope you overcome your fears and negativity to shine bigger and brighter. Cheers! 

Continue Reading

Success Advice

Defining Your Own Success: A Step by Step Guide

Avatar

Published

on

Image Credit: Unsplash

Everyone wants success in their lives, but success can be defined in so many different ways that it can sometimes seem daunting. In this blog post, you will learn how to make success easier for yourself by defining what success means to you. (more…)

Continue Reading

Success Advice

5 Characteristics of Athletes You Need for Business Success

Avatar

Published

on

Image Credit: Unsplash

Michigan State basketball coach, Tom Izzo, wrote “Players play. Tough players win.” I would add to that, “It’s tough to win.”I think if you, as a leader, are looking to build an organization that is successful – that wins – you first have to accept that it will be tough. There are no shortcuts to success. In my 44 years of coaching, I was fortunate to coach a lot of tough players. I believe the toughness I have seen in athletes corresponds well to any organization or business. (more…)

Continue Reading

Trending