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This Is How You Create the Right Mindset Which Will Lead to Success in Business

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business mindset

Let’s say there are two businessmen both equally qualified and well-endowed with resources. While one thrives, the other barely survives the harsh business environment. What is the fundamental difference between these two businessmen, apart from their obvious success quotient?

The right mindset can make a huge difference. In order to grow and succeed as a businessperson, you need to have a firm belief in your ability to attain success, and that is only possible with a positive growth mindset.

One can go on and on arguing about the importance of competent marketing strategies for business growth, but a solid frame of mind and intuitiveness are the building blocks of a smart business startup.

Stanford University psychologist Carol Dweck has conducted extensive research on the science of accomplishments and success, and concluded that having the right mindset can make all the difference in people’s’ lives. People with a fixed mindset fail to hone their skills, find it hard to adapt to a changing environment and are not interested in continuously learning – while  people with a growth mindset regularly strive for improvement by enhancing their skills, developing new ones and feeling passionate and inspired about what they do.     

Therefore, to make your mark in the business world, you need to create the right mindset, and this is where you can start:

1. Focus on self-development

Your business is your brain child, thus it is essentially an extension of you. If you wish to see your business reach new heights, you need to begin by focusing on self-development. Personal growth is a continuous process needing your utmost devotion every single day. Therefore, identify weaknesses which may hinder your business’s scalability and then work to overcome them.

Brutal honesty is the way to go here; you may have poor time management skills, a communication gap with your employees or failing customer relations. Pin pointing your shortcomings early on and understanding the importance of working on them can save you a lot of trouble later on. Devise a plan for effective time management, perform trust building exercises with your employees or put in place a CRM pipeline management system because you must do whatever it takes to improve yourself and your company.

2. Map out your goals

You set yourself up for success when you lay out a well thought out plan with distinctive goals to be completed within specific time limits. A comprehensive, targeted map outlining your business strategy in the long run motivates you to achieve every goal one at a time.

Completion of each goal instigates a sense of pride and contentment in you which compels you to keep moving full steam ahead. This feeling of achievement also keeps you positive and motivated all the while saving you from the shackles of developing a fixed mindset.

All you need is the plan, the roadmap, and the courage to press on to your destination.” – Earl Nightingale

3. Accept challenges

As an entrepreneur, you will encounter numerous physical, mental and financial challenges. Mental challenges are the first in a long list of hurdles that need to be tackled immediately before you can move ahead on your path to success.

Before initiating your entrepreneurial journey, you need to prepare yourself mentally for all the inevitable challenges you will come across, and realize that taking challenges head on is a crucial step for your survival and prosperity in the corporate world. The right mindset ensures you do not stumble in the face of setbacks and difficulties when your temperament and abilities are challenging. Instead, you accept them as a fundamental part of the journey of growth.

4. Follow the successful entrepreneurs

To create the right mindset, you can study and learn the traits of successful businessmen through research and study. Reading books about these prosperous business tycoons, listening to their interviews and attending their motivational speeches is a great way to begin your journey of establishing a growth mindset imperative for business growth. As a beginner, you can gather a lot of vital information on how to start your business venture and what to expect in the course of its evolution.

Moreover, each business magnate has faced his own set of pitfalls and hurdles down the road to success. Even though you will have your own unique set of challenges, you can construct a generic idea of what to expect and better prepare yourself to avoid the stumbling blocks sure to be laid out along your journey.

5. Be proactive

You need to be proactive and fight on the front lines if you want to conquer the business world. Being proactive dictates you taking control of your life instead of just watching it pass you by. If you want to lead your employees effectively, you may need to make difficult decisions to make sure your business survives. If you are proactive, then consequently you are pro-growth, and thus you have started to create the right mindset to create a thriving business.

“Real freedom is creative, proactive, and will take me into new territories. I am not free if my freedom is predicated on reacting to my past.” – Kenny Loggins

6. Don’t lose your sense of humor

Being a businessman can be a tumultuous and humbling experience that leave you drained yet exhilarated at the same time. The key to surviving this experience with your sanity intact is your ability to appreciate humor and laugh at your own mistakes.

If you let each setback pull you down, you will lose your sense of motivation and functionality. Embrace each hurdle as an elementary part of your business’s growth and appreciate it for providing you with another learning curve without losing your focus.

Having the right frame of mind is a singular job. You can seek guidance and take assistance but creating a right mindset leads you to success. Just remember that although initiating and running a business requires great effort, the rewards are manifolds and worth the pain.  

Do you have dreams to create your own business? Let us know what business you want to create and how we can help!

Image courtesy of Twenty20.com

Alycia Gordan is a freelance writer who loves to read and write articles on healthcare technology, fitness and lifestyle. She is a tech junkie and divides her time between travel and writing. You can find her on Twitter: @meetalycia

Success Advice

5 Things You Can Learn From The 5am Club by Robin Sharma

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It has been said by Robin Sharma, “5 AM is the time of least distraction, highest human glory, and greatest peace.” This also happens to be the central idea or the core value he has discussed in his book, ‘The 5 Am Club.’ Speaking of early mornings, at what time do you wake up? Are you annoyed by the fact that you wake up on the edge of time and then rush to work in haste? 

The life lessons put forth by The 5 AM Club are exactly the learning and motivation you need to challenge your complacency. In your race against time, you may not have the time to read this fabulous book. So, we have summed up the key book’s takeaways for your convenience.

1. The vigor of waking up early

This is what the book’s most fundamental advice to everyone is. Waking up at 5 am every day can work wonders to avert failures and make success a natural habit. When we wake up at 5 am, we have more time on our hands than others. Besides, this is when we have minimum interruptions and maximum powerfulness of the mind. 

To add, the early morning peace is priceless! You can schedule your most important tasks of the day between 5am, and 8am. This book teaches us in the simplest way, how we can train our mind and strengthen it to deliver the highest productivity by waking up early. This energy that you have when you wake up in the morning and the few additional hours in your day are what serve as perfect ingredients for success.

“The secret to productivity is simplicity.” – Robin Sharma

2. The power of finding the right balance in life

The book talks about a precious lesson of finding the right balance within. We often talk about the need for mindfulness and achieving the right mindset to perceive things. But this book goes a few steps ahead of our usual approach to life. It highlights the vitality of mindset and introduces the concepts of heartset, healthset, and soulset.

These terms may seem new, but they are self-explanatory. The idea of heartset endorses the essentialness of emotional stability and well-being. Next, the perspective of healthset indicates the need to look after physical health. At last, soulset is an attribute of spirituality. As explained in this book, success prospects can be enhanced big time by achieving the right balance between these internal virtues.

3. The iconic 20/20/20 modus operandi

What is the first thing you will do if you start waking up at 5 am every day? Did you ever spare a thought about it? This book has the answer to this question, and you will be convinced that it is a great way to begin your day!. The author suggests that you should split the first hour of the day into three equal parts of 20 minutes each.

In the first 20 minutes of the day, you should prioritize your physical fitness and exercise. In the next 20 minutes, you should energize your soul and spirit via self-reflection and soulful meditation. This will prepare you for the rest of the day and will enable you to bolster your commitment and focus. In the last 20 minutes of the first hour, you should read and learn. But what are you going to read about in those 20 minutes? Read about successful people and their inspiring journeys to the pinnacle of success.

4. The significance of a proper sleep schedule

In this book, there is a mention of ‘a ferocious global sleep recession’, which is intriguing and enlightening. It hints at the state of sleep deprivation that this world is sinking into gradually. We often associate success and hard work with the notion of staying up all night and testing our endurance beyond limits. But that is not the right approach to accomplishing success, or rather, it is a flawed methodology.

Sometimes even if we do not have any critical work, we keep whiling our night time on social media or television. What are we gaining from it is the real question, and I am afraid the answer is nothing! We learn from this book that it is critical to look after your sleep cycle and start your day at 5 am afresh. Sleep and rest are indispensable for mental and physical well-being, or your productivity will decline.

“If you want to have the results only 5% have, you must be willing to do and think like only 5% do and think.” – Robin Sharma

5. The art of evolving

The book sheds light on the need to be spiritual and master self-reflection. However, do you realize the purpose that the routine of reflection each morning serves? The idea is to keep learning, keep reflecting on the mistakes and keep evolution an ongoing process. You should evolve every day and strive to be a better version of yourself every day. So, one of your primary goals after waking up should be to reflect on your actions and missed opportunities of the previous day.

To recapitulate, The 5 AM Club is a must-read book if you are a passionate reader. It has the prowess and charm to refurbish your perception of life altogether. Even if you cannot read the book for some reason, make sure you incorporate the above key takeaways into your life. By starting your day at 5 am, you can rediscover your lost soul and enthusiasm, and you would not have complaints to make about the lack of time. If you can own your mornings, you can go places on the ladder of success, for excuses are only for those who are not committed to their goals.

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Prepare Yourself for Prosperity With These 6 Success Habits

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Success stories don’t come from naturally successful people. They come from ordinary people with starry eyes and big dreams who stayed true to their end goal and consistently put in the work. They are just like you and me. What sets them apart is their mindset — a success mindset. (more…)

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How to Overcome the Emotional Rollercoaster of Success

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If you’re reading this, I’ll let you in on a little secret: you’re a human being. You have feelings, emotions, beliefs, complexity, and a mind that’s always racing. Your feelings at any given moment in your life have the power to affect what you do and how consistently you do it. (more…)

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5 Important Choices that Make Life Worth Living and Success Taste Sweeter

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As we start another year, you’re probably thinking about your life goals, dreams, aspirations, and what you want to accomplish. We know that New Year’s resolutions have gotten a bad reputation because most people lose focus after the first few months and the first signs of resistance. (more…)

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