Mindset is the one attribute that sets the successful entrepreneur apart from the wannabe one. It is the most important ingredient - more important then powerful friends, brilliant ideas or capital.
A good attitude is the key to success (although money, powerful friends and genius ideas are all welcome as well!).
You will never actually launch a business if you have the wrong mindset. You will just talk yourself out of ever starting. Why?
- You will think that you will fail so whats the point in starting?
- You will doubt that you are smart enough.
- You will doubt that your ideas are good enough.
Unfortunately, many people end up staying at their day job and never actually following their dreams because of this flawed mindset. They end up building someone elses dream - but not their own.
Here are a couple of things that you can do if you want to change your mindset.
Dress for Success
My favorite quote from an online mentor is 'smell the leather'. This particular mentor tells the story of how he use to go and test drive Rolls Royces before he was wealthy. The idea is that he surrounded himself (in this case sniffed the seats....) with things that helped him to become the person he wanted to become. He is now worth billions of dollars.
This is kind of the thought process behind 'dressing for success'. What you wear changes your mindset to some degree. If you dress like a slob you feel like a slob. It is hard to get motivated to work if you have grease on your sweat pants. Feeling more professional and confident can work wonders for your mindset. It can also help collaborators take you more seriously.
Don't Let Fear Rule You
This is one of the most important concepts that I have learned. If you let fear rule your business you will not take the risks that you need to in order to succeed.
One of the best examples of this, is the fear of not having enough - a scarcity mindset. I approached my online business without putting enough money and effort in because I was scared to commit to it. Instead of seeing money as an investment, I saw it as an unnessecary expense.
I would tell myself that ' I can do it all, no need to hire someone' and then end up burned out. I learned that the correct way to use an abundance mindset was to reformat my thought process and think about how hiring something out now would massively pay off in the long-term.
Once I changed my mindset from scarcity to abundance, I was able to grow my businesses much more quickly and with far less stress.
That is my 2 cents for the day....