7 Powerful Ways Your Mindset Impacts Your Business

All of us human beings are born with an abundance of talent and the capacity to reach our full potential and achieve greatness, if we choose to.

Whether you run a business or not, working on your mindset is critical to anyone who seeks success. Mindset affects your entire way of thinking, and your thinking determines the actions you then take.

“Your beliefs become your thoughts, your thoughts become your words, your words become your actions, your actions become your habits, your habits become your values, your values become your destiny.” — Mahatma Gandhi”

Think about the world’s most successful business owners. What do they all have in common apart from a thriving business?

The right mindset.

Figure out how to change your mindset, and you’ll be able to achieve anything you dream of.

So, what is the right mindset for business success and why is it so critical?

1. You are subconsciously influencing those around you

Energy, whether it’s positive or negative, is infectious. As a business owner, the people around you naturally look upto you and will be influenced by your attitude, so think carefully about the message you’re sending out.

Everyone – your staff, suppliers, customers and investors – will pick up on your energy. If you’re cheerful and positive, your customers and staff will feel more positive, and will be more likely to want to do business with you, whereas if you have a negative attitude, people are less likely to respect you or want to work with you.

Think carefully about the kind of culture you’re looking to create within your business, and the example you’re setting to those around you – you are shaping young and impressionable minds who might be running your company one day!

2. Positive thinking helps you to feel in control

Life has a funny way of throwing us curve balls and then sitting back to watch how we deal with them. I’ll let you in on a secret though – the universe isn’t out to get you and really does want to see you succeed.

You’re bound to experience many moments of frustration, anger, or disappointment – in your work and personal life – but it’s how you choose to approach those challenges that counts.

Approaching anything in your business with a positive mind will help you to feel calmer, confident and in control; and as a result you will perform at your very best.

In order to maintain a positive and balanced outlook and be able to methodically work your way through obstacles that crop up, it’s important to make time to rest and disconnect from your work. As business owners, we often find it tough to achieve the right balance and switch off, but mastering this will be key to feeling at peace within your mind and body.

3. Your business growth will be directly correlated to how much you grow

As a business owner, you are 100% in charge of educating yourself, because you no longer have a boss who’s going to send you on a training course or make you read a 500 page textbook. But with freedom comes great responsibility.

Read books, go to conferences, listen to podcasts, invest in a coach, look at what the thought leaders or role models in your industry are doing – educate yourself in every aspect of your business and broaden your horizons so that you can make better and more informed decisions about what’s best for you.

Remember if you’re not growing, you’re only dying, and we won’t have you wilting on our watch – it’s not good for business.

4. A focused mind is more likely to succeed

If you don’t have a crystal clear picture in your mind of the business you’re trying to create, chances are you won’t succeed in creating it.

A focused mind allows you to always be thinking of the bigger picture and the ultimate end goal when making any decisions and choosing which direction to head in. Competent entrepreneurs will focus on details, while successful entrepreneurs understand that the bigger picture is more important.

It’s all too easy to become distracted and bogged down with daily tasks or find yourself pulled in many different directions, but successful people develop the ability to focus and concentrate on what matters most.

5. The Law of Reciprocity

Yes, you bet we’re going The Secret on you right now.

Successful businesses are all run by owners who have a benefit mindset, which is an extension of the growth mindset – the belief that their talents and abilities can be developed through effort and persistence. In a benefit mindset, people then use their personal development to make a meaningful difference to others.

In order for a business to thrive, you must provide your customers with real value, and that value will eventually be returned in the form of traffic, leads and sales. By constantly working to make yourself more valuable, you will naturally find your way to greater success.

Learn to live to provide real value, and it will make its way back to you.

6. Resilience will help you to bounce back from setbacks

Running your own business is never plain sailing. There’s always something not going as planned, and an ever growing to-do list. There will be many highs, weighted by many lows too, but what’s important is that you never give up regardless of what happens.

Building resilience and mental strength will help you to take the setbacks as they come, and keep on pushing forward and focusing on your goals. Persistence is key – don’t allow what looks like failure at the time to prevent you from picking yourself back up and carrying on.

Remember, Harry Potter got rejected by publishers 12 times before Rowling finally got the yes she desperately wanted, and one of them even told her not to quit her day job.

7. Getting comfortable with taking risks is vital for progress

We’re all guilty of sometimes falling into a secure mindset and getting comfortable with what’s familiar and safe to us. However, as a business owner it’s vital to aim for progress not security. In order to do this you must regularly embrace change, and actively seek it out in the way of new opportunities and ventures.

Training your mind to be comfortable taking risks every now and then will help you to seize new opportunities when they knock on your door, and also create them for yourself. You will be pushing yourself above and beyond what you’re used to, which helps you to learn and evolve and take one step closer towards achieving your goals.

The success of your business rests on how willing you are to show up for yourself and create a mindset that fuels your ambitions.

What’s one thing you can do differently today to expand your current mindset? Let us know in the comments below.