What is the one thing that sets apart those who grow their business sustainably to those whose business stagnates?
Here’s a hint: It’s a special type of mindset. As you are managing and operating your business it is your mindset that will determine the results for your business. This is not a theory, this is a reality. Here are the facts:
Your mindset affects what you do (and don’t do)
What you do (and don’t do) will create either business growth or business stagnation
Your mindset has a direct effect on your business’ bottom line. So back to that one thing that some business owners have that sets them and their business apart… It’s a mindset that creates and enables business growth, starting with creating personal growth. It’s known as a growth mindset.
I know, I know, you’ve probably heard of it before and it’s nothing new to you. You are likely saying to yourself, “yes of course I have a growth mindset”. It’s easy to believe that you can learn what you need to and make mistakes and try new things.. it’s a whole other thing to actually be doing that!
Knowledge is not power. Knowing and understanding that you need a growth mindset does not help your business or set you apart. You must be living the growth mindset.
You must be dynamic, looking for new ways when the old ways might still be working. You must be open to changing how you do things and what you do. Not for changes sake, but for improvement’s sake, to create growth for your business. You must be failing. If you haven’t failed at anything recently then you’re not trying anything new.
When did I last try something new in your business?When did I last create a new product or service package?Am I still working the same way that I did when I started my business?
These questions are my way of challenging you to really assess if you have applied your growth mindset to your business and life.
To create the big difference in your business and go for growth, you need to apply your growth mindset approach to your business. Applying this mindset consistently is what makes the difference.