Entrepreneurial Mindset

Entrepreneurial Mindset

So, you may be wondering what it takes to succeed in business? What sets those that go into business ownership aside from those who stay in an employed role? For those of you thinking of leaving your employed role - do you have the right mindset to become a business owner?

Entrepreneurial Business Owners and other highly successful people are usually highly energetic individuals with tons of self-motivation. However, maintaining an entrepreneurial mindset EVERY DAY can be really hard and is something every business owners struggle with throughout the lifetime of their business and at times its hard to keep motivation high!

For every aspiring business owner, mindset is critical to overcoming the challenges that come with the territory. So, consider these two important mindsets .

Having a Positive vs a Negative Mindset

These two mindsets spell out the difference between positive thoughts and negative thoughts.

People with a positive mindset, on the other hand, tend to have a better outlook on life and are more energetic, productive and successful. Staying positive, even when setbacks arise, is key to moving forward and pushing through.

Negative thoughts tend to limit thinking, undervalue achievements and generate a variety of negative feelings. Negative feelings, in turn, can lead to lack of confidence and underperformance.

Remember - what you focus on expands!
Make sure you are focussed on the right things.

Growth Mindset

The second mindset that concerns entrepreneurs is a growth versus fixed mindset. A growth mindset views the opportunities ahead as limitless.

An entrepreneur with a growth mindset will take a failure and use it as a chance to demonstrate the resilience and determination necessary to overcome that failure.

Fixed Mindset

A fixed mindset is limited by the current state of things. Successful entrepreneurs largely focus on the growth mindset, as it allows them to think big and push forward.

A business owner with a fixed mindset will suffer failure and give up.

Developing Your Mindset

Having the right mindset is important for succeeding in business and in life. But how can you develop your own mindset and lead it in the right direction everyday?

  • Do not limit your thinking or your beliefs in your own capability.
  • Set big ambitious goals and carve out a plan to achieve them
  • Don’t limit your dreams or goals: Limited thinking leads to limited ideas, which stunt growth and performance.
  • Be deliberate about your habits and purposeful in your actions.

By having limitless thinking and being deliberate about behaviour's and habits, you can maintain your entrepreneurial spirit which you need to succeed as a business owner.

If you can focus on developing your positive mindset and be open to growth and success then you are ready to become a business owner.


To view or add a comment, sign in

More articles by Sally Asling

Insights from the community

Others also viewed

Explore topics