Adopt a Growth Mindset and Watch Your Business Flourish

July 9, 2018

Adopt a Growth Mindset and Watch Your Business Flourish

Stanford psychologist Carol Dweck has spent her career looking at how attitude affects performance. In her 2007 book titled Mindset: The New Psychology of Success, she says that "for twenty years, my research has shown that the view you adopt for yourself profoundly affects the way you lead your life. It can determine whether you become the person you want to be and whether you accomplish the things you value. How does this happen? How can a simple belief have the power to transform your psychology and, as a result, your life?"

The simple answer to her question, Dweck would argue, is to adopt what she calls a growth mindset. A growth mindset is the belief that a person's abilities and intelligence can be developed over time. The possibilities that open up to a business leader when they adopt a growth mindset are phenomenal. Here are seven qualities a leader should adopt when approaching their business with a growth mindset.

  • Every Challenge is an Opportunity
    It is true that with every problem comes an opportunity to find a solution. A leader should look at any issue as a chance to learn something new and improve upon given knowledge.
  • Remove "I can't" from Your Vocabulary
    If you want to do something, you have the ability to do it. It may require looking at the situation in a different way. Remember, just because you might not be able to do something today does not mean you won't ever be able to do it.
  • Try New Things
    In business and life, it is easy to fall into a routine and become accustomed to doing things a certain way. You could try a new sport, join a Toastmasters club to help you with public speaking, learn a new language, or even try a new type of food or culture. All of these activities will lead to personal growth.
  • Expect the Unexpected - Be Ready
    Forward thinking prepares you for the unknown. To be able to successfully navigate the complex situations that often arise in business, you need to plan for operational transformation.
  • Take Absolute Ownership
    A growth mindset means you need to be resilient and deliver true value. Being wholly accountable for your organization and your objectives will be the deciding factor of whether your organization is successful or not.
  • Have a Strength of Presence
    This isn't just about being confident, it's about having the ability to create an experience or a moment that inspires others. This requires self-awareness, confidence, and self-trust. Being able to truly understand the needs of those around you and those you do business with. It is more about others than about yourself.
  • Promote Individuality and Complete Inclusion
    You need to make sure your organization welcomes everyone at every level. Embrace ideas and embrace individuality, which will ultimately bring out the best in people and help you get the most out of each person within your organization.

A leader with a growth mindset is able to put all of these traits into practice. In order to be the best, and get the best results for your business, you need to make sure you do the most with what you have in your toolbox.

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