Personal Development

Photo for blog article-4 Ways to Develop Your Entrepreneurial Growth Mindset

4 Ways to Develop Your Entrepreneurial Growth Mindset

For you to be successful as an entrepreneur, you need to develop a growth mindset. A growth mindset allows you to learn from your mistakes and grow your business.

Entrepreneurs who have a fixed mindset tend to dwell on their failures and see any setbacks and challenges that they might face as a reason to throw in the towel and give up on their dreams of becoming successful. To help you drive your ventures forward and find success, here are four ways that you can develop a growth mindset:

  1. Embrace Challenges:There’s always a positive reason to embrace challenges. If you beat a problem, you reap the rewards; if you don’t overcome a challenge, you still learn valuable lessons in your failure. If you do everything you can to avoid problems that you may face, you will never grow as an entrepreneur, and neither will your business.Embracing challenges will allow you to achieve higher things in both your business and personal life.
  2. Expect Setbacks:
    When running a business, you must expect that you will have setbacks, and learn how to overcome them. In order to have a growth mindset, you need to learn how to persist in the face of setbacks and avoid dwelling on the reasons that you failed. When you can do this, inevitable setbacks will be nothing more than a small bump in the road.
  3. Listen to Criticism:
    Use the feedback you get to improve your business. Criticism isn’t a bad thing and can be very useful to your business. If you want to develop a growth mindset, you must listen to your customer’s feedback.Learn to conquer your fear of disapproval by listening to feedback and focusing on how you can improve. Entrepreneurs who develop a growth mindset know that there is always room for improvement.
  4. Be Inspired by Others’ Success:
    You should never feel threatened by the success of other entrepreneurs. Instead, you should look at their success as inspiration to do better. Reach out to other successful entrepreneurs and don’t be afraid to ask for help. Every entrepreneur has the same self-doubts and being jealous of others’ success and doing this will only make you feel more inadequate in your own life.

Once you develop a growth mindset, you can apply it to almost anything in your life. If you want to be a successful entrepreneur, you need to get out of your own way and learn to develop and use a growth mindset to your advantage.

Photo for Business Insights blog-Take This Tiny Step First to Success

Take This Tiny Step First to Success

Do you dream of launching your own business? Perhaps you have an amazing idea, but something is holding you back? Maybe you want to move to another city or country, and start all over?

Taking the first step is always the hardest part. It’s not uncommon to see people never do what they have in mind just because they’re too scared to get started.

New experiences come with a dose of fear. You must embrace the unknown and take risks. Not everyone is willing to let go and take on these challenges.

Believe it or not, you can bring your ideas to life without changing everything at once. It’s that first step that can move you in the right direction. Small things, such as building a new habit, can go a long way toward your success.

 

Why Taking the First Step Is the Hardest

No matter what you’re trying to achieve, taking the first step can be mind-wreaking. You might think:

  • What if I fail?
  • How will I make money?
  • What will people think?
  • What if I’m no good?
  • What if it’s not the right time to do it?
  • Am I ready for this?

The truth is that no one can guarantee that you’ll succeed. But, you’ll never know how it’s going to turn out unless you try. Do you want to spend the rest of your life wondering What if?

That first step is always the hardest because it requires you to embrace the unknown and face your fears. It’s also the most important step – without it, nothing will change.

 

Feeling Scared?  Take a Half Step to Change Your Life

Most times, it’s the small things that have the biggest impact on our lives. You don’t have to change everything from one day to the next. If you’re scared of the unknown, do one little, minuscule thing to get started.

It can be contacting real estate agents to find a flat in your dream city, making a phone call to find out what it takes to start a business, or eating one healthy meal rather than junk food. Choose one little habit and stick to it. Celebrate this first step and feel proud of it.

Later, take another step and then another, and so on. Stop waiting for the perfect moment to get started. Stop overanalyzing and just go for it! The best time to start is now.  So, take your first step to success.

Photo for Business Insights blog-Thinking Small to Go Big

Thinking Small to Go Big

Did you know that only eight percent of people reach their goals? That’s right! The other 92 percent fail within weeks or months. According to researchers, what differentiates the two comes down to one simple thing: setting specific and challenging goals.

However, this doesn’t mean you should try to do everything at once. In fact, trying to reach the stars is often a recipe for failure. If you want to go big, you have to think small. Break big goals into smaller goals and start from there.

What’s Wrong with “Thinking Big?”

We keep hearing that we can accomplish anything we want, whether it’s saving the world or becoming an astronaut. Unfortunately, that’s unlikely to happen. Sure, you could do it, but it will take years of hard work. For this reason, it’s so important to take small steps toward your goals.

The truth is, what you need to do is to think big in detail. It’s necessary to have detailed information, plans, knowledge, and skills for your big goals to become a reality. That won’t happen overnight.

A big idea doesn’t guarantee success. Anyone can have ideas, but only a few can bring them to life. When thinking big, it’s easier to miss the small details and make costly mistakes. If you fail, you’ll feel disappointed and have a hard time starting all over.

For example, many people dream of building a million-dollar business. However, they haven’t yet learned how to make even $1. To succeed, think big in increments. Focus on making your first dollar, then your first $100, then $1,000, and so on.

Change Your Habits to Change Your Life

Whether you want to become the next Steve Jobs, launch a successful project, or climb up the career ladder, you need to start with baby steps. Swap any habits that hold you back for habits that move you forward.

Let’s say you always find excuses to skip your workout. By doing that you’ll never manage to lose those extra pounds and get in shape.

Commit yourself to hit the gym at least three times a week. Take it seriously just like you do with your job or family time. A month later, schedule four workouts a week.

In the meantime, make small changes to your diet. Do one thing at a time. For instance, you could ditch the sugar during week one, cut back on junk food the second week, cook your meals from fresh ingredients the third week, and so on.

Think small to go big, and the results will follow!

Photo for Business Insights blog-8 Small Changes to Be a Happier Person

8 Small Changes to Be a Happier Person

Happiness is both art and science. According to researchers, healthy people are 20 percent happier than average. An annual salary of $75,000 is what it takes to put a smile on the average person’s face. Furthermore, people with 10 or more friends are the happiest.

We don’t see that you should switch careers or socialize like crazy to be happy. However, there are a few – 8 small changes you can make for a better life. Let’s get into the 8 small changes to be a happier person:

Call Your Friends More Often

It’s easier to stay in contact with your friend than make new ones. Try to stay in touch or reconnect with old school mates or colleagues. That will boost your satisfaction and make you feel more accomplished.

Get More Exercise

Regular exercise makes us happier. That’s a fact. Whether it’s cycling, weight training, or swimming, exercise increases the feel-good chemicals in your brain and keeps stress at bay.

Learn to Say No

If you want to be happy, don’t over-commit. Every time you say Yes to something, you’re saying No to something else. Be realistic about what you can and cannot do and squeeze more “me” time into your schedule.

Wake Up Earlier

The world’s most successful people are known for their crazy wakeup hours. Some start the day as early as 3:30 am.

Waking up earlier will not only boost your productivity but also allow you get more done. That will give you satisfaction and relieve everyday stress.

Be Generous

A little bit of generosity can go a long way toward your happiness. When you do a good deed, even if it’s something as little as buying a coffee for a friend, it changes the way you see yourself and the way people interact with you.

Picture It

Make a habit out of imaging your life the way you want it to be. This technique, which is called “self-guided positive imagery,” will boost your happiness and feelings of well-being.

Use Happy Words

Studies have found that using just three positive phrases per day can increase happiness, satisfaction, and gratitude. Replace negative words and phrases with positive ones – you will feel better instantly!

Declutter

Take the time to declutter your home and throw away what you no longer need or use. Clutter increases stress restricts your ability to focus and affects your productivity.

As you see, it doesn’t take too much to be happy. Make these small changes today – your future self will thank you.

Photo for Business Insights blog-How Your Mindset Can Directly Impact Your Success

How Your Mindset Can Directly Impact Your Success

Every small business owner and entrepreneur is in a relentless pursuit to grow their business. They usually do this by looking at external methods, such as outsourcing key tasks like accounting, or installing automation software to take care of mundane tasks so they can focus on more important matters. They may try out new marketing tactics or sales strategies as well.

All of these external measures can make a tremendous difference in your business. But we often forget about internal factors, such as beliefs, attitudes, opinions, or habits of thinking, which have a massive impact on your business’ success. In fact, these internal factors are instrumental in determining the success of your business.

What Is Mindset?

The concept of mindset was first formulated and popularized by Stanford University psychologist Carol Dweck. Dweck’s research focuses on the field of achievement and success. Her theory states that factors like intelligence and ability, while important, do not guarantee success. Rather, our mindset and our beliefs about our abilities play a key role in fueling, or dampening, our success.

All of us know someone who is incredibly intelligent or gifted but somehow never realized their potential. Think of a valedictorian who ends up working a dead-end job or a gifted athlete who gives up a sports scholarship in order to stay closer to home. These people seem stunted somehow and it’s a great shock that they don’t pursue their potential. It’s easy to see that there’s something holding them back that has nothing to do with ability or talent.

In the simplest terms, your mindset is a collection of beliefs. It includes beliefs about basic qualities like your intelligence, talents, and personality.

For example, you might have a certain view regarding your own intelligence. You may believe that you aren’t ‘smart’ because you didn’t perform well in school, as it’s widely believed that school performance equals intelligence. This may manifest itself in thoughts like, “I’m not smart because I didn’t get good grades. Only smart people are successful. I am not smart, and therefore my business will never be very successful.” This negative thinking ignores the fact that intelligence means so much more than just school performance, and that many who did poorly in school went on to be great successes in their field.

Or you may have a negative mindset about your talents. You may be asked to speak at an event that could lead to great opportunities for your business, but you decline because of a self-limiting belief. You may think, “I’m not a good public speaker. When I presented my thesis in college, I choked. I couldn’t remember words and I was too nervous to perform well. I’m just not a public speaker.” However, public speaking is a skill that anyone can learn through practice.

Whether conscious or unconscious, these mindsets can directly impact your success. We’ve considered two examples that show how negative mindset can impact your success, but a positive mindset can also help you activate your potential and reach heights of success you never imagined.

The Inner Critic

Your mindset and its beliefs can be totally unconscious. It’s not always easy to identify them, but that’s what must be done in order to draw them out. For many people, a negative mindset manifests itself as an “inner critic.” This is an inner voice or private conversation that occurs in your mind on continuous repeat mode behind your conscious thoughts.

Your inner critic tells you that you’re wrong, you’re bad at the task at hand, you’re inadequate, or you lack the worth you see in other successful individuals. It acts as a judge, condemning you to failure at every turn.

Some people are aware of this inner critic while others aren’t. Even if you’re aware of this voice, you may be at a loss for how to deal with it. Many people believe that the inner critic is themselves talking. They mistakenly identify with it and this is why it’s so good at sabotaging your life and thwarting your chances for success.

All of us have an inner critic. The first step to cultivating a mindset for success is to become aware of these negative thoughts and the impact they have on you. Once you’ve become aware of this inner voice, you’ve taken the first step toward releasing its grip on you.

The wonderful thing about mindset is that it’s malleable. It can be developed or evolved. The negative mindset that’s holding you back was shaped through experiences in the past and learned habits of thinking. Through even the smallest shifts in awareness or thinking habits, you can make profound differences, and eventually take control of your mindset and steer it toward positivity and success.

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