Growth Mindset

You must have a growth mindset if you want to succeed in business.

Those favoring a fixed mindset believe that abilities and intelligence are set in stone, that we have an innate set of talents, which creates an urgency to repeatedly prove those abilities. They perceive failures or setbacks as threatening their sense of worth or their identity. Conversely, those favoring a growth mindset believe that intelligence and abilities can be grown through effort, and tend to view failures or setbacks as opportunities for growth.

The growth mindset is based on the belief that your basic qualities are things that you can cultivate through your efforts. With fixed traits, success is about proving you’re smart or talented. Validating yourself. When it comes to changing your qualities, you must stretch yourself to learn something new. Developing yourself.

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