Better than a Business Plan: Mastering Your Mindset for Success
Entrepreneurs often ask, “What do I need MOST to be successful?”
The most important piece of the puzzle is having a success mindset. You can have a bullet proof business plan, the dream team of all dream teams, finding out the wazzoo, but without a success mindset, you don’t stand a chance.
Success mindset is much more than just believing in yourself, although that is certainly a part
of it. I have spent my entire life cracking this code, and I am excited to share some of it with you
here. Without further ado…
- Think Positively
Positivity is a superpower. We’re not suggesting that you adopt a Pollyanna attitude or deny reality, but thinking positively whenever possible can work wonders. According to Professor and author, Dr. Sonja Lyubomirsky’s studies on the Science of Happiness, 40% of our happiness is within our control. Take charge of your happiness by practicing positive thinking.
Henry Ford said it best, “Whether you think you can or think you can’t, you are right.”
- Set High Expectations
A “Big Hairy Audacious Goal” (BHAG) is a great way to challenge yourself and avoid thinking too small. (thanks to Jim Collins and Jerry Porras for this gem of an acronym).
Two things to remember about your BHAG:
a) Make sure your goal scares you at least a little — if it doesn’t it’s likely not worth pursuing, (who wants to work on a mediocre goal?)
b) Great things are not created by people who ‘sort of care’. Increased expectations lead to increased performance.
- Progress over Perfection
A big part of progress is making faster decisions with less certainty but in significantly less
time. Not trying to make the ‘perfect’ move every time.
Recognize that in most cases, you can course-correct and treat fast decisions as a kind of asset
and capability in their own right. And, given the fact that the rate of improvement of
decision-making with additional time almost necessarily tends to flatten out, I think that most
people should be operating earlier in that curve.
Pro Tip: Annie Duke’s: Thinking in Bets, How to Decide and Quit, provides valuable insights into how top leaders make decisions quickly and methodically.
- Befriend Your Inner Critic
We all have an inner critic that fills us with self-doubt and insecurities. This negative voice is trying to keep us safe by reminding us to stick with the predictable things that have worked in the past. Instead of trying to shut down this voice, recognize that it comes from a place of concern. Say, “thank you, I appreciate your wisdom and caring,” and move on.
In conclusion, mastering your mindset for success is crucial if you want to achieve your goals and live the life you desire. By adopting a positive thinking approach, setting high expectations, focusing on progress over perfection, and learning to befriend your inner critic, you can overcome self-doubt and fear and unlock your full potential as an entrepreneur.
Remember, success is not just about achieving your goals; it’s also about the journey and the growth that comes with it. Embrace challenges and failures as opportunities to learn and improve. Keep pushing yourself to be the ultimate version of yourself. Get that mindset right, and go conquer the world, one success at a time!
For more information, connect to Sunny McGaw here.
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