Are you aware that a growth mindset can have undeniable benefits for your business? It gives you the ability to adapt and be malleable to changes that we might normally struggle with. In light of the past pandemic, and the ever-changing business and work situations we are seeing, this is essential for growth. So why and how a growth mindset is a must-have to reach the business success? Read more below the growth mindset quotes that will help you jump on the springboard to success!

The term ‘growth mindset’ was coined by psychologist Carol Dweck. She tells us that a person with a growth mindset is aware that they can unlock their potential with just a bit of learning, passion, and effort. This is opposed to someone with a fixed mindset, who believes things are just the way they are. They believe that you can only have the talent you are born with, some people are inferior and some superior, and nothing can change.

Originally Dweck’s study was conducted among school children. However, we are becoming aware that the growth mindset can also affect us positively in adult life and in business. The study showed that if people realise they can grow with more effort and learning, their success rate will be far higher. It also showed that it is not talent and intelligence that should be praised but the effort put into the process. By harnessing the growth mindset, we learn that our value is not attached to our performance score or success in business. Instead, we learn that everyone is equal. We all have the skills to grow, improve, and change, to reach our ultimate goals.

The desire to learn is a huge part of the growth mindset. By learning new information, ideas, techniques, we are constantly growing and opening our minds to other possibilities. Even though I have a natural curiosity to learn new things, I still make sure to continuously educate myself practically. This can be through training programs or reading about different subjects. Studying mindset development helps you to pass on the knowledge to someone else, and gives you firsthand experience to know what a benefit it can be for a client. For business owners and managers make sure you are always offering new courses to employees, to encourage their development. You may even learn new things from them in the process!

‘Take the Steps – Start Learning Today for Growth Tomorrow’

Get ready to step out of your comfort zone and experience new adventures in the process! New possibilities may bring challenges but those challenges are what grow you as a person. Challenge and difficulty highlight our true skills and show us what we need to work on to grow and improve. By relishing challenges, you can set higher and higher goals, knowing that you have the power to achieve them. It’s better to aim high and fall, than to stay in the same place, aiming low and always succeeding, but never actually growing. In business, set new challenges for employees and encourage them to step out of their comfort zone. This is also a great way to encourage new and creative ways of doing things. 

‘Don’t Let Challenges Discourage You’

However hard things get, don’t quit! It’s so easy when things aren’t going well to give up when you feel you have failed. But what if you give up when you are really only one step away from achieving success? Instead, the growth mindset tells us to use our failings as a learning tool for the future.

Even better, don’t even use the word failure. This can be off-putting, especially with the negative connotations around the world ‘fail’. Instead use Carol Dweck’s example of ‘not yet’, when something doesn’t go exactly as planned. For example, imagine you were hoping you would hit your target profit this month and you don’t reach it. Don’t tell yourself you’ve failed, simply tell yourself ‘not yet’. Know that you can learn from this experience and that it will help you to succeed very soon. This positive growth mindset also encourages you to act with less fear, meaning you’re more likely to take the risks needed to grow a successful business.

‘Failure- An Important Learning Curve’

If you’re a manager or business owner, encourage your team to embrace failure too. A great way to do this is to show them that you are not afraid of failure yourself. Perhaps explain a situation where you have had your ‘not yet’ and how you have learned from it. Make sure that you promote a working environment where your employees aren’t afraid to ‘fail’ in the process of learning and growing. Make sure to always praise improvement, rather than just talent.

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Has someone given you some critical feedback on your work? Don’t be put-off or offended by the criticism. There is always a solution if you just apply continuous thinking and effort. This element of the growth mindset encourages us to be open to feedback, knowing it can help us to improve and grow.

On the other hand, also be aware that you don’t need to live for the approval of others. If someone is being critical in a negative, unhelpful way, you must remember that you don’t need their praise to be validated. I have heard negative comments from others while in the process of growing my business but it has only encouraged me to focus on my ideal clients; those who need my help, not those who only like to criticise.

‘Every Problem Has a Solution’

Use Criticism to Your Advantage: It is your dream for a reason, so don’t be discouraged or defensive. Instead, be aware of your own strengths and skills and continuously reaffirm this to yourself. This confidence allows you to continually try new ideas, which can be incredibly beneficial in the workplace, as you discover new ways to make money and create new products.

Tip: As a manager, you should also encourage think tanks and different opinions. Allow people to do this anonymously if it makes them feel more comfortable. Thinking outside the box, and considering differing opinions, is essential for business growth and success.

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Feeling threatened or jealous of someone’s success? Try to avoid living in the future, thinking I’ll never have their success, or willing yourself to reach your goal faster. Instead, be patient, and know that if they can get there so can you! Be inspired by their success and let it inspire you to start working towards your own goals right NOW. Remember that any work you have done, up until this point, is preparing you for the future success that is coming.

Don’t try and sabotage other people in the workplace around you, simply because you are threatened by them, or to make yourself feel better/of higher status. Know that you too can one day be the driving force for change and be the person that inspires and helps others. Think about how your vision could inspire positive change for the community around you or society as a whole.

‘Anything and Everything is Possible in This World’

Tip: In my own experience, I have found it easy to compare myself to other people’s successes, normally with those who are in the same industry who have been doing it for much longer. I have to remind myself that I don’t know their struggles; everyone has their own journey in reaching success. Using the growth mindset, I now look up to those I am inspired by and know if it is possible for them it is also possible for me. Not only this, but I then know it is possible for my clients!