Fixed vs Growth Mindset

Blog Author: Aaron Smith | September 30th, 2015

 

Promote Successful Business Growth with Two Magic Words: Growth Mindset!

So how can these two magical words, Growth Mindset, help make your business profitable?

“You can do anything you set your mind to” is a saying we are all familiar with, but I’m not sure how many people truly believe how powerful this can be.

Businesses are faced with all kinds of unique challenges, and by adopting the process of a “growth mindset”, you can approach these unique business challenges differently to change how successful you are in those tasks.  One pattern that seems to remain constant with successful business owners, is they tend to have a “growth mindset” as opposed to a “fixed mindset”.

But what is the difference between a growth mindset and a fixed mindset? 

As Carol Dweck put it, in her book ‘Mindset: The New Psychology of Success’, “In a growth mindset, people believe their basic abilities can be developed through dedication and hard work – talent and brains are just a starting point,” whereas people with a fixed mindset believe “their basic qualities, like intelligence, are fixed.”

Not sure what mindset you are?  Here are some ways to tell!

Take a look at some of the below examples and think, if they sound like something you would think or have thought of before.

 Fixed Mindset

  1. I’m not smart enough to do that.
  2. It’s not my fault.  It was someone else’s fault.
  3. If I fail, then I’ll be a failure.

Growth Mindset

  1. I’m not sure if I can do that, but I can learn how.
  2. If I don’t take responsibility, I can’t fix it.
  3. I will try and work harder to do my job to become more talented.

Four steps you can use to help change your mindset!

Carl Dweck has put these amazing four steps on her website!

  1. Learn to hear your fixed mindset “voice”
  2. Recognise that you have a choice
  3. Talk back to it with a growth mindset voice.
  4. Take the growth mindset action.

So why is growth mindset good for business?

In the event that you take a gander at the crucial way every mentality lives up to expectations, a fixed mindset, supports inward thinking and makes individuals less ready to respond rapidly to testing circumstances. Eventually, that mindset and method for working could be to the organisation’s burden overall as individuals become averse to admitting mistakes and learning from them.

A growth mindset on the other hand, urges representatives and organisations to test themselves, become curious and push for input.  This drives a capacity to rapidly adjust to change and attempt new things without fear of censure from administration and ultimately drives business forward.

So, which are you?

 

Image courtesy of ddpavumba at FreeDigitalPhotos.net

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