#9 Have a growth mindset

So, you may be asking yourself “What exactly is a growth mindset?” Well, a growth mindset is an actual, demonstrable psychological phenomenon. It turns out that many long-term successful individuals possess certain characteristics that they share with other long-term successful individuals. This set of characteristics has been termed a “growth mindset”. Now, some people, who tend to achieve less than their full potential, also possess a set of characteristics that they share with other under-achievers. This set of traits has been dubbed the “fixed mindset”. Most people, more or less, fall into one camp or the other.

People with a growth mindset tend to have a desire to learn from life. This desire leads to the ability to embrace challenges, to overcome setbacks, to see effort as worth the results, to accept criticism and to admire and learn from the successes of others. These behaviors allow native intelligence to grow throughout a lifetime. (Hence, the name.) People with a growth mindset are believers in free will and this belief allows them to achieve their goals time and time again.

People with a fixed mindset tend to have a desire to appear smart, with a corresponding fear of looking foolish. Their desire leads them to avoid challenges, to give up easily, to see extra effort as wasted, to ignore or reject criticism and to envy and begrudge the success of others. These behaviors tend to limit native intelligence to a fixed amount. (Again, hence the name.) People with a fixed mindset often plateau early in life and fail to have, let alone reach, fixed goals.

The good news is that a growth mindset can be cultivated fairly easily by changing some critical behaviors. First of all, you have to decide to choose growth over stagnation. You also have to be willing to take positive action and begin to accept challenges and criticism and learning from both. An excellent way to begin is by developing the philosophy of “yet”. This simple step simple attaches the word “yet” to the end of every negative thought, as in “That will never work, yet…” or “It’s probably not worth going, yet…” This simple trick opens up the possibility for growth and that possibility leads to changed behavior that actually does cause the development of the growth mindset.

#9 Have a growth mindset

So, you may be asking yourself “What exactly is a growth mindset?” Well, a growth mindset is an actual, demonstrable psychological phenomenon. It turns out that many long-term successful individuals possess certain characteristics that they share with other long-term successful individuals. This set of characteristics has been termed a “growth mindset”. Now, some people, who tend to achieve less than their full potential, also possess a set of characteristics that they share with other under-achievers. This set of traits has been dubbed the “fixed mindset”. Most people, more or less, fall into one camp or the other.

People with a growth mindset tend to have a desire to learn from life. This desire leads to the ability to embrace challenges, to overcome setbacks, to see effort as worth the results, to accept criticism and to admire and learn from the successes of others. These behaviors allow native intelligence to grow throughout a lifetime. (Hence, the name.) People with a growth mindset are believers in free will and this belief allows them to achieve their goals time and time again.

People with a fixed mindset tend to have a desire to appear smart, with a corresponding fear of looking foolish. Their desire leads them to avoid challenges, to give up easily, to see extra effort as wasted, to ignore or reject criticism and to envy and begrudge the success of others. These behaviors tend to limit native intelligence to a fixed amount. (Again, hence the name.) People with a fixed mindset often plateau early in life and fail to have, let alone reach, fixed goals.

The good news is that a growth mindset can be cultivated fairly easily by changing some critical behaviors. First of all, you have to decide to choose growth over stagnation. You also have to be willing to take positive action and begin to accept challenges and criticism and learning from both. An excellent way to begin is by developing the philosophy of “yet”. This simple step simple attaches the word “yet” to the end of every negative thought, as in “That will never work, yet…” or “It’s probably not worth going, yet…” This simple trick opens up the possibility for growth and that possibility leads to changed behavior that actually does cause the development of the growth mindset.

#12 Be passionate

There is probably nothing as important to achieving success as passion. It may sound extreme, but in order to reach a goal, you have to burn for it. It has to be something that’s on your mind all the time. To has to be all-consuming. In fact, passion is the flip side of our previous subject, hustle. The two go hand in hand with each other.

So, how do they work together? Well, the one requires the other. They each, in some sense, drive the other. Finally, without one, you cannot have the other. Hustling, as we discussed, is all about hard work, long hours and the extra mile. Passion is the motivation that gets all that hard work done. Face it, if you’re not on fire about a project, you’re not going to be able to motivate yourself to do the hard work needed to complete that project successfully.

So, how do you obtain or maintain the passion necessary for success? Well, as a business owner you should already be passionate about your business and its success. If you’re not, then you need to examine why. If you’re not doing what you love to do, then you may need to think about what you are passionate about and then get into that line of work. There’s no sense and no reason to waste your time trying to be enthusiastic about something that doesn’t move you. If you are already doing something you love to do, then you’re halfway home. Let your love and passion for your line of work show through in that work. Your customers and competitors will notice the difference.

#12 Be passionate

There is probably nothing as important to achieving success as passion. It may sound extreme, but in order to reach a goal, you have to burn for it. It has to be something that’s on your mind all the time. To has to be all-consuming. In fact, passion is the flip side of our previous subject, hustle. The two go hand in hand with each other.

So, how do they work together? Well, the one requires the other. They each, in some sense, drive the other. Finally, without one, you cannot have the other. Hustling, as we discussed, is all about hard work, long hours and the extra mile. Passion is the motivation that gets all that hard work done. Face it, if you’re not on fire about a project, you’re not going to be able to motivate yourself to do the hard work needed to complete that project successfully.

So, how do you obtain or maintain the passion necessary for success? Well, as a business owner you should already be passionate about your business and its success. If you’re not, then you need to examine why. If you’re not doing what you love to do, then you may need to think about what you are passionate about and then get into that line of work. There’s no sense and no reason to waste your time trying to be enthusiastic about something that doesn’t move you. If you are already doing something you love to do, then you’re halfway home. Let your love and passion for your line of work show through in that work. Your customers and competitors will notice the difference.

#18 Conclusion

So there you have it. Success is a multifaceted achievement that involves many concepts and, often, many different people. However, as you’ve learned, the concepts involved in the successful business mindset are basic and learnable principles that can easily be put into action by anyone dedicated enough to reach the next level of achievement in their lives. It is all matter of doing the work to change the things in your own personal agenda that might need adjustment. Remember that you can use this book as a tool to help you make those adjustments. You can, and should, go back and review those sections that can help you anytime the need arises. The point is that life is about success. This means that you have your entire life to constantly change things for the better. Success is a process, as well as a journey. Here’s to wishing you a good trip.