Could what you believe about yourself determine if you succeed or fail?
According to Stanford psychologist Carol Dweck, what you believe plays a critical role in what you want, and your ability to achieve it.
Dweck claims your mindset plays a dominant role in determining achievement and success. As a spiritual mindset transformation coach, myself, I could not agree more.
So, what exactly is a mindset?
A mindset is a mental attitude or inclination, perceptions or a set of beliefs that serve to create a persons personal reality and or Identity.
When we talk about mindsets it is important to note there are two different types of mindset:
- People with a fixed mindset believe that these qualities are inborn, fixed, and unchangeable.
- Those with a growth mindset, on the other hand, believe that these abilities can be developed and strengthened by way of commitment and hard work.
Which ever type of mindset you fall into is by choice, not by circumstance.
A growth mindset is founded by the principles that you view a problem or challenge as a learning experience. Allowing curiosity to prevail. Whereas a person with fixed mindset will view a problem or challenge as an impossible task to overcome. Often they feel as though their intelligence is being scrutinize or judged, and allow emotions of frustration and overwhelm to manage their decisions.
Mindsets are often formed at a young age and are heavily influenced by interaction with parents, siblings, or peers at school.
- Children who are taught that they should look smart instead of loving learning tend to develop a fixed mindset.
- They become more concerned with how they are being judged and fear that they might not live up to expectations.
- Kids who are taught to explore, embrace new experiences, and enjoy challenges are more likely to develop a growth mindset.
- Rather than seeing mistakes as setbacks, they are willing to try new things and make errors all in the name of learning and achieving their potential.
Individuals with a fixed mindset believe that knowledge is supreme and often believe perfectionism leads to success. They feel limited, boxed in, and victims of circumstance vs masters of their destiny.
Have a growth mindset is not about having limitless dreams, it is about embracing the learning experience. It is about living up to one’s possible potential.
People with a growth mindset believe that the effort that goes into learning and deepening their understanding and talents is well worth all the struggle and tribulations.
What you believe, and how you think about other people, experiences, and yourself (aka your mindset) plays a significant role in how you cope with challenges.
When faced with the problem of trying to launch a course of product, trying to grow your following and email list, or close clients into your one-on-one coaching programs, people with a growth mindset show greater resilience. Those with a fixed mindset, are more likely to give-up or blame external factors and resources for their results, or lack there of.
In her book “Mindset,” Dweck writes that fixed mindsets tend to create a need for approval.
Your beliefs form your habits that forge your Identity. You no longer dissociate yourself from “failing” for example. Instead you believe “I am a failure”. I think we both can agree those two thoughts have significantly different meanings. Your identity influences and dictates who you are being. And, who you are being is the concept of concepts.
So why is having a strong, resilient growth mindset so important in business?
As we have already outlined, it is the secret sauce that separates those that achieve and succeed and those that fail and quit.
I don’t know about you, but as an entrepreneur myself, sign me up for the achieve and succeed category.
So many times I hear people complain that it is the strategy that isn’t working. The same strategy that has and is working for hundreds of others. Or I hear people say things like that person is just “lucky.” I didn’t know luck came disguised as years of blood, sweat, tears, strategy, hard inner work, and perseverance.
Here is the thing, if the strategy is not working for you…the problem is not the strategy. The problem is your mindset.
Identifying Your Mindset
Do you have a fixed or growth mindset? To find out, start by reading the following statements and decide which ones you agree with most:
- People have a certain amount of intelligence, and there isn’t any way to change it.
- No matter who you are, there isn’t much you can do to improve your basic abilities and personality.
- People are capable of changing who they are.
- You can learn new things and improve your intelligence.
- People either have particular talents, or they don’t. You can’t just acquire talent for things like music, writing, art, or athletics.
- Studying, working hard, and practicing new skills are all ways to develop new talents and abilities.
If you tend to agree with statements 1, 2, and 5, then you probably have a more fixed mindset. If you agree with statements 3, and 4, 6, however, then you probably tend to have a growth mindset.
Anyone can change their mindset. I most certainly changed mine. There is no easy button for this I will admit. There is not 20 minute strategy that will bridge the gap between who you are being right now and the person you must become to step into that thriving digital CEO role.
Changing your beliefs by identifying which ones hinder you more than help you grow, and reprogramming your thoughts around a growth mindset mentality, is critical to the success of your business.
Focus on process rather than outcome. Focus on impact rather than financial gain. Focus on possibilities rather than limited outcomes.
I teach students and clients how to use meditation and other spiritual and science based modalities to root out their faulty belief systems and form new beliefs of their choosing.