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Developing Entrepreneurial Mindset
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Growth Mindset for Leadership Success Grow Yourself and Your Teams
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Whom do you Hire, Fire and Promote – A Survey with 4 Questions and 2 choices
If you were to award a raise today, whom would you give a bigger raise? If you had to hire someone today, whom would you choose? Hire Give a Raise Fire Promote Paul Stoltz - a leading authority on mindset; Top 100 Most Influential Thinkers of our time If you had to reduce your workforce, whom would you retain? If you had to promote someone today, whom would you pick? *Source : Put your mindset to work, Paul Stoltz & James Reed
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Whom do you Hire, Fire and Promote
A) The person with the perfect skillset, but lacking the desired mindset? or B) The person with the desired mindset, but lacking the perfect skillset? What does it really take to win, keep, and flourish in the best jobs? Let’s begin by shattering a sacred assumption. If you want a good job, it’s all about qualifications. Put another way, the best way to increase your chances of getting a great job is by upgrading your skills. Right? Wrong! *Source : Put your mindset to work Paul Stoltz & James Reed
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Mindset scores over skillset. Not by a little, but by a landslide!
And, the Winner is … Mindset scores over skillset. Not by a little, but by a landslide! 96% 81% Hire Give a Raise Promote Fire Answers: Top Employers definitively pick B, Mindset, at a 92% average (96%, 81%, 100%, 91% respectively)* Listen to what employers like Google, Facebook, hP, Prudential, deloitte, Mars, Fedex, AT&T and others are telling you: When asked, “how many “normal” employees would you trade for one with a winning mindset?” average answer? 7.2!* Growing and demonstrating the right mindset makes you worth seven times a normal employee. No wonder those with the right mindset WIN the job, KEEP the job, EARN MORE, and GET PROMOTED sooner, even over other, more qualified candidates. That’s why trying to win the best jobs by doing yet-more skills training is like training for a marathon by doing sprints and hurdles. It may help, but it’s not going to win the race. 91% 100% *Source : Put your mindset to work Paul Stoltz & James Reed
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01 02 03 03 04 Agenda Mindset – Why What is Mindset - Growth Mindset
Makers and Breakers of Mindset Developing Growth Mindset
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Mindset is deeper – it’s what is within and underneath everything else
Mindset is deeper. It’s what’s within and underneath everything else.
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Values and Beliefs Beliefs are concepts that we hold to be true.
About #self, #others and #the world. Without evidence of proof #I am honest, I am powerless #People are trustworthy or selfish #God exists, Life after death,…) Values are ideas that we hold to be important Honesty, Fame, Prestige, Achievement, Money, etc. Values and Beliefs come from childhood, family, education, life experiences, culture, environment … Beliefs and Values govern the way we behave, communicate, attitudes. And, the Outcome
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It’s called Mindset … Elephant and Bumblebee
The false boundaries and limitations created by the past!
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What happens if you are not selected for a Dream Project?
Fixed Mindset Growth Mindset Event Further failure, depression I didn’t get selected because Boss is unfair, or I am no good, I am a victim, Wrong selection process… Anger, Frustration, Desperation Complain, Argue, Excuses Not Selected Achieve more and Succeed I did not get selected because of some reasons / expectations Disappointment, Determination, Inspiration Reflection, Introspection, Explore options, Work harder Not Selected Behaviour Emotion Belief Consequences
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Symptoms of Fixed and Growth Mindset
Fixed Mindset Growth Mindset Successful people are “gifted”; “natural talents” - Traits are set in stone To look smart and win - always Blame others, Get discouraged, To avoid; Fearful: To try and fail = no longer smart; Could reveal weakness; Risky to take up new areas, Give up Feedback – Get defensive, Take it personal Success Success comes from effort; Success comes from practice and hardwork To learn and grow Setbacks / failures – Use as a wake up call to work harder and get better next time ………… To be embraced; See as an opportunity to learn; More persistent, Work harder Useful, Something to learn from, identify areas to improve Goal Failures and setbacks Challenges Feedback
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Makers and Breakers 4 key components of Mindset
What do you want? Value? What are you willing to struggle for? Fantasy vs. Value Brain is a muscle – Stretchable Lizard (amygdala) plays safe, avoids risk, wants to look smart Learner brain finds lessons in success and failure Struggles, learns Brain Values Process vs. Outcome Feedback Playing to win and acknowledge the outcome Reflection on process and performance with less outcome fixation (“always winning”) Lessons learnt Feedback on Person Feedback on Outcome Feedback on Process
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04 03 02 01 What can you do to develop Growth Mindset
Cultivate a language of Growth Mindset & Make Life a Learning and Growth Journey 01 Feedback on Effort and Process (vs. person and outcome) Focus on Learning and Performance Goals (vs. fixation on outcome) Train your Brain . .
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STEP 1 Learn to hear your inner voice – from Lizard Brain (Amygdala)
Are you sure you can do it? Maybe you don’t have the talent.” “This would have been a snap if you really had talent.” “What if you fail—you’ll be a failure” Setback Challenge “It’s not my fault. It was something or someone else’s fault.” “If you don’t try, you can protect yourself and keep your dignity.” Criticism
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STEP 2 Recognize that you have a Choice
Train Your Brain STEP 2 Recognize that you have a Choice To interpret the challenge, setback and criticism Listen to the Fixed mindset voice and … STEP 3 Talk back to it with a Growth Mindset voice
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In the face of Challenges, talk back to Lizard brain with a Growth Mindset
Are you sure you can do it? Maybe you don’t have the talent.” “I’m not sure I can do it now, but I think I can learn to with time and effort.” “What if you fail—you’ll be a failure” ““Most successful people had failures along the way.” “If you don’t try, you can protect yourself and keep your dignity.” “If I don’t try, I automatically fail. Where’s the dignity in that?”
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In the face of Setback, talk back to Lizard brain with a Growth Mindset
“That is so wrong. Basketball wasn’t easy for Michael Jordan and science wasn’t easy for Thomas Edison. They had a passion and put in tons of effort. “This would have been a snap if you really had talent.” “If you don’t try, you can protect yourself and keep your dignity.”
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As you face criticism: “: “If I don’t take responsibility, I can’t fix it. Let me listen—however painful it is– and learn whatever I can.” “It’s not my fault. It was something or someone else’s fault.”
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Step 4. Take the Growth Mindset Action.
Over time, which voice you heed becomes pretty much your CONSCIOUS choice. Choice is Yours - Whether you listen to Lizard brain or Learner brain. Practice hearing both voices, and practice acting on the growth mindset. Moving Towards and embracing growth oriented actions vs. Moving Away from fear, self-doubt and anxiety
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Cultivating a Language of Growth Mindset
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Burn Out Zone Boredom Zone Job demands/ Challenge Skills and Abilities
Flow Job demands/ Challenge K-K K-no bother Boredom Zone K-DK DK-DK Skills and Abilities
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Me Inc. logo Me Inc. – Model for Personal Excellence
What is my dream, vision, and mission My goals – personal and professional My stakeholders – who are important to me - family, friends, colleagues, community My board of Directors – mentors and coaches My value proposition – reputation, talents, distinct capabilities My brand values and message – walk the talk Myself and my environment – My SWOT
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Make Life a Learning Journey to Grow Yourself and Others!
We are what we repeatedly do. Excellence then, is not an act, but a habit.
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