Your Mindset Is A Business Strategy – Make The Most Out Of Your Best Asset
- May 2, 2023
- 4 min read
Written by: Freeman Beals, Executive Contributor
Executive Contributors at Brainz Magazine are handpicked and invited to contribute because of their knowledge and valuable insight within their area of expertise.
Explore the idea of mindset as a business strategy, exploring the importance of a growth mindset, the benefits of a positive attitude, and practical tips for cultivating a success-orientated mindset.
You Are Your Best Asset
When it comes to business strategy, people tend to focus on things like market analysis, product development, and financial projections. But what if I told you that mindset might be the most powerful thing you can bring forward in your business and life? The truth is the right mindset can make all the difference in your success. Let me explain.
Let’s Explain Mindset Quickly
The term ‘mindset’ gets tossed around A LOT. Basically, your mindset is your collection of beliefs, attitudes, and assumptions about yourself, your abilities, and the world around you. It’s the lens through which you view the world, and it can have a profound impact on your success or failure.
Why?
Because your brain only takes in a certain amount of information from the world. It can’t take in everything, or you would be overwhelmed all the time. This means your brain literally ‘filters’ your perception of reality. Since most of your ‘brain’ is your thoughts, then…
“Your thoughts are the lens through which your brain filters reality” – Freeman Beals
Here are some of the things to start thinking about.
Adopt a Growth Mindset
One of the most important mindsets you can cultivate in life and as a business owner is a Growth Mindset.
This means approaching challenges and setbacks as opportunities for learning and growth rather than seeing them as roadblocks to success. With a Growth Mindset, you’ll be more likely to persevere through difficult times, seek out new opportunities for growth and development, and stay motivated even when things get tough.
The other side of this coin is the Fixed Mindset. Essentially being adverse to change and avoiding things the minute they get hard. Not the mindset you want to achieve success.
Embrace Failure
Failure is a bit of misconstrued word and idea. You see it as ‘bad,’ and unfortunately, that is cultivated young and then reinforced as you grow. In life, as in, you’re going to fail. It’s inevitable. But rather than seeing failure as a sign of weakness or incompetence, embrace it as a learning opportunity. When you fail, take the time to reflect on what went wrong and what you can learn from the experience. Use that knowledge to adjust your strategy and move forward stronger and smarter than before.
“Success is the ability to go from failure to failure without losing your enthusiasm” – Winston Churchill
Practice Mindfulness
Mindfulness is a powerful tool for cultivating a positive and productive mindset. By practicing mindfulness techniques like meditation or deep breathing, you can learn to quiet your mind, reduce stress, and stay focused on the present moment. This can help develop the skill of self-awareness. This can be especially valuable for entrepreneurs, who often find themselves pulled in a million different directions at once. By practicing mindfulness regularly, you can learn to stay centred and focused on the most important tasks at hand.
Surround Yourself with Positive Influences
Finally, it’s important to surround yourself with positive influences that support your mindset and your goals. This might mean seeking out mentors, networking with other entrepreneurs, or even just reading books or listening to podcasts that inspire you and keep you motivated.
By surrounding yourself with positive influences, you’ll be more likely to stay focused on your goals, maintain a growth mindset, and achieve success in your business.
In Short
Cultivate a growth mindset, change your perception of failure, practice mindfulness, and find a group of positive people!
Continued Learning
There is no way I could have covered this topic in full here. I want to give you some resources that you can continue this dive into.
The EverydayHero Manifesto – Robin Sharma. I absolutely loved this book! Robin talks not only about Mindset but what he calls Heartsetand Soulset as well.
Thinking, Fast And Slow – Daniel Kahneman. This one has been on my ‘To Read’ for a long time. Covering a topic I read in The Inner Game of Tennis by Timothy Gallweyand the two types of ways our brains think.
How to Make Your Mind Work For You (Using SimpleNeuroscience) – The Mel RobbinsPodcast. Mel is a huge force in the self-development world. Her podcast is a great addition to her work, and this episode is brilliant!
Looking to receive custom help from Freeman? Contact him here.
Freeman Beals, Executive Contributor Brainz Magazine
Freeman Beals is a dedicated coach focused on integrating stress management into busy and driven CEOS and executives' lives. He focuses on helping people perform optimally by removing friction in their lives. Years of problem-solving, critical thinking and communication positions shaped much of Freeman's younger years. His life hasn't always been easy, but his ability to maintain a positive mindset has helped him through. After spending years diving into 'why' and 'how,' he has developed time management, habit forming, and positive psychology skills that he now brings to his clients.
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