How a Growth Mindset Helps Small Business Owners Succeed Against the Odds

Dec 14, 2020 | People Operations, Scaling Business

Small businesses have been hard-pressed to carry on amidst various restrictions in 2020. How do you press on? In one word: mindset.

A business owner’s ability to succeed against the odds largely comes from their thoughts and attitude.

Approaching Challenges with a Growth Mindset

The book Mindset by Carol S. Dweck talks about fixed mindset versus growth mindset.

Neuroscience has revealed that we have more ability for lifelong learning and brain development than we previously thought possible. A fixed mindset says things are too difficult to try – and that limits achievement. A growth mindset approaches problems differently and knows that ability, solutions, and success can be figured out.

A growth mindset approaches problems from a perspective of learning, teamwork, and willingness to try. A growth mindset results in willingness to put in effort and even love a challenge. A growth mindset builds resilience.

How Small Business Can Adopt a Growth Mindset

How can you see these pandemic circumstances as an opportunity personally and professionally? Many small businesses are pivoting by doing things such as:

  • Taking (or expanding) business online.
  • Finding creative methods for servicing clients.
  • Looking for new trends for product inspiration, such as the rise of online classes.
  • Leveraging technology like never before.

This season of life and business can bring beneficial changes. With this mindset, 2020’s challenges can become opportunities.

For instance, many businesses are finding they do not have to be dependent on foot traffic.

And instead of being a local business, they are gaining customers nationally and internationally. In this regard, 2020’s challenges can present hidden opportunities.

In the midst of challenges, be encouraged. We believe in small business and we believe in you. Your friends at Executive on the Go are always just a call or a click away, and we are ready to help you with your business entity, growth, and strategy needs.

A business owner’s ability to succeed against the odds largely comes from their thoughts and attitude.

Approaching Challenges with a Growth Mindset

The book Mindset by Carol S. Dweck talks about fixed mindset versus growth mindset.

Neuroscience has revealed that we have more ability for lifelong learning and brain development than we previously thought possible. A fixed mindset says things are too difficult to try – and that limits achievement. A growth mindset approaches problems differently and knows that ability, solutions, and success can be figured out.

A growth mindset approaches problems from a perspective of learning, teamwork, and willingness to try. A growth mindset results in willingness to put in effort and even love a challenge. A growth mindset builds resilience.

How Small Business Can Adopt a Growth Mindset

How can you see these pandemic circumstances as an opportunity personally and professionally? Many small businesses are pivoting by doing things such as:

  • Taking (or expanding) business online.
  • Finding creative methods for servicing clients.
  • Looking for new trends for product inspiration, such as the rise of online classes.
  • Leveraging technology like never before.

This season of life and business can bring beneficial changes. With this mindset, 2020’s challenges can become opportunities.

For instance, many businesses are finding they do not have to be dependent on foot traffic.

And instead of being a local business, they are gaining customers nationally and internationally. In this regard, 2020’s challenges can present hidden opportunities.

In the midst of challenges, be encouraged. We believe in small business and we believe in you. Your friends at Executive on the Go are always just a call or a click away, and we are ready to help you with your business entity, growth, and strategy needs.