Article Overview: Is the brain static or can it be changed? Is it a muscle or more like a bone? This article explores the idea of a fixed vs. growth worldview.
Free Download - Marketing Made Simple TV is looking for a few good sponsors By Jeff Ogden
Fixed vs. Growth Mindset
In reading the New York Times best seller Switch – How to Change Things When Change is Hard, I read about a fascinating concept I wish to share with the readers here. Fixed Mindset vs Growth Mindset.
Do these comments sound familiar?
“He’s not a very good salesperson”
“She’s one of the worst managers I’ve ever seen.”
“He’s not a very smart kid.”
Notice that each of those focus on a label – not good, worst, dumb. Those are examples of the Fixed Mindset. A person IS this or that. They cannot change.
On the other hand, the Growth Mindset believes that the brain is a
muscle. As a muscle, it can be exercised and grow. Hard work and study
is like a workout at a gym. The brain grows and adapts. (I’m a big
believer in self-improvement and continual learning.)
The book shared the story ofa teacher who used an interesting
approach to “dumb kids.” She gave grades of A, B, C and NY (not yet).
That way no one was labeled a failure. The kids responded and grades
improved dramatically.
To show how a growth mindset works, let’s take the comments above and put them in a growth mindset.
“He’s not a very good salesperson today, but I bet if he really works on it, he could be a great one.”
“She does have some management challenges, but she could become a great manager soon by working to learn new approaches.”
“His grades have not been great, but he’s really studying hard and I think we’ll see great improvement soon.”
See the difference? Each one can work and improve.
The fixed mindset is a rampant problem in business. Leaders label
employees. Recruiters label candidates. In my extensive career, I’ve
never been asked about a growth mindset – though I believe the best
leaders exhibit a growth mindset.
Do most people have Fixed or Growth Mindsets?
What do you think? Do you hear a lot of fixed mindset words, such as
“He or she is this or that?” I’d love to see a healthy debate.
President of the B2B lead generation company Find New Customers. Also the host of the B2B marketing show, Mad Marketing TV. We help companies rapidly grow revenue by transforming the ways they attract, engage and win new customers.
With 8 out of 10 companies saying the lack of quality sales leads is their biggest problem, they need help. SiriusDecisions also found that fewer than 1 out of 10 companies that implement lead management software went beyond the basics. They need help.
Related Forum Posts It's not easy
- Evan,
It's not easy to franchise a business! Franchising requires a strong business model, significant capital resources, and very talented people to be successful.
There are over 3000 franchise opportunities out there, most (80%) don't have the three criteria I listed above.
The biggest benefit to using franchising to grow your business is that you bring in someone else's capital and human resource. What you are giving up is control in operating that business.
I have seen successful companies get in trouble attempting to franchise their business, franchising requires a different skill set than simply operating units.
Growth would have been much easier if they had just opened their own units and sought grown from within.
Different Hats
- CEO Sales & Marketing & Leadership Development Company
Strategic Vision 10
Alliances & Growth Strategies 10
Hiring & Managing People 8
Mentoring 8-9
Strategic Planning for Clients 10
Execution of Marketing Campaigns 9-10 (i have great people who do the nitty gritty)
Financial Management 9
Bookkeeping 3 (outsourced as I really hate the fine details like GST0
Administrative Follow Up 6-7 (again have great staff)
Writing & Publishing 9 (getting better all the time!)
Speaking 10 (so I have been told)
Self Promotion 9-10
Web development & Promotion 6-7 (learning more and have brought on players who are 10+)
Babysitting Employees (1 - wont do it, that's why I work so hard to hire and motivate the people I have)
Great topic Kevin!!
Jude
Pitch Like A Girl: How a Woman Can Be Herself and Still Succ
- Pitch Like A Girl: How a Woman Can Be Herself and Still Succeed
Ronna Lichtenberg
2005
From the inside cover:
"As a woman, you probably feel uncomfortable when it comes to promoting yourself and asking for what you want."
WHAT IN THE HECK IS THIS, I asked myself when I read that. Women are the fastest growing business owners in the US and Canada, there are t housands of women executives and CEOs - though not as many as might be expected, admittedly, yet the book opens with this surely out of date stereotype.
However, as she continued to give examples of women who had high paying jobs but were routinely not paid as much as men because it hadn't occurred to them to ask for raises, etc., I decided it was probably true for a majority of businesswomen...
Anyway, more of the info from the jacket:
"Other books have told you how to get what you want by being more like a guy. Pitch Like A Girl tells you why its an advantage to be who you are and how to do better by bringing more of yourself to work."
The TOC:
1. Pink and Blue
2. The Quck-dry Chapter
3. What's In your head that's not in his
4. The Me, Inc Mindset
5. Visioning: Discover What You Really Want
6. Identifying Prospects
7. Pre-pitch homework and heartwork
8. Crafting the pitch
9. Pricing the pitch
10. Packaging the pitch
11. Delivering the pitch
12. Closing
Conclusion
A Word to the guys
The Empathy Quotient
The Systemizing Quotient
Bibliography
And on a side note - non-fiction books without indexes - of which this is one, annoy me.
Sports is queen!
- About four years ago I started a webzine called The Thunder Child, devoted to science fiction and fantasy in all media. Growth was verrrrrrrrrrrrry slow at first, but has gradually picked up so that now I'm making a respectable income from my amazon.com and google adsense. (Well, from adsense, anyway. Amazon is a drop in the bucket compared to what adsense brings in.)
Last year I put together a website showcasing the Tennessee Lady Vols (who won the NCAA championships last year), and just two weeks ago I put together a small website for Jacoby Ellsbury, a rookie outfielder for the Boston Red Sox - called a "phenom" and already very popular.
The Lady Vols site has about 20 pages...the Ellsbury site has 5. Compared with The Thunder Child that, started out with about 20, and is now at about 1,000 and growing.
Well, the hits on those two sports sites are more than three times what the hits on my Thunder Child site was during the first year of its existence. Since I've been a sports fan all my life, I reaaaaally wish that I'd started a sports webzine four years ago instead of this sci fi one, because I think my income now would be treble what it is.
No doubt about it, sports rules!
Focus Brings Long Term Results
- Over the past 2 years of venturing out and running my own business and not working full-time in a job I have tried numerous business opportunities. I have tried businesses in providing student accommodation, share trading and options, renting and selling paddles to dragon boat clubs and selling toilet odour eliminator products online. This was opportunistic thinking and diminished my efforts as I got started by adding more work rather than focusing on one business. It was all very tempting to try and run them at the same time to see which one would take off. Unfortunately there was no focus and when times got tough I jumped across to work on the business that interested me more.
Opportunistic Thinking Is Bad
If you are like me and see that everything is possible and always keeping an open mind about business ideas, then you will find it irresistible to try new ideas. Trust me I’ve learnt the hard way. So how have I changed this? I’m a huge fan of Yaro Starak’s blog - entrepreneurs-journey.com and one day he wrote a post about his coach Rich Schefren who was launching a new coaching program. As usual most internet marketers have a system to launch their new products and give away a lot of free quality information that can be applied straight away. They do this so they can build rapport with you and show that their information is useful before they start their sales pitch on you. As I knew the information was free and they just wanted my email address, I downloaded Rich’s eBook, the “Internet Manifesto“. If you haven’t read it, I would recommend you get a copy of it immediately.
The Change in Mindset
After reading the “Internet Manifesto”, I had a profound moment that I would change the way I operate my business. My mindset went from “thinking opportunistic” to “thinking strategically” meaning if I wanted to build a long term business I would have to set up the right systems and hire staff to leverage my time. I realised that I couldn’t do everything myself. Rich’s famous flowchart accurately shows how most Solo Enterpreneurs run their Internet Businesseses today. (I’m one of them and have taken action to outsource a lot of my work since then)
Rich Schefren's Internet Manifesto
Since then I have taken action to sell my businesses that are not part of my goals and made a mental decision to not start new business opportunities.
Focus Is Key
Since I was compelled to find out more, I downloaded the rest of Rich’s series of books which are listed below:
1. Internet Manifesto
2. The Missing Chapter
3. The Final Chapter
4. Attention Age Doctrine Part 2
5. Maven Matrix Manifesto
6. The Entrepreneurial Emergency
Through this series I learned that I needed to focus on one task at a time, not five at a time (today’s generation calls it multi-tasking). Making that shift helped me improve time efficiency and also get tasks completed that generated more money. Additionally, you need to use your strengths to focus on a task and learn to outsource the rest that you are not good at. This is the key to long-term success in any business.
Tyrone Shum
Focus Strategist
Share this article with your friends. Fund someone's dream.
Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva.
Over $50,000 raised and counting - Please keep sharing!Learn more.
Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.