How To Change Your Mindset To Improve Business Performance

Running a successful business starts with having the right mindset. While having “the mindset of an entrepreneur” is crucial for any business… what does having the ‘right mindset’ even mean?

Let me start off by defining what mindset is…


Mindset is your system of beliefs. This includes your values, your feelings, your thoughts about the world and yourself in it, your soul… it is your filter for information you get in and put out.

Your mindset can profoundly affect the way you lead your life. It can determine whether you become the person you want to be and whether or not you achieve success in life.
Carol Dweck, Psychologist at Standford

To develop a stronger mindset, all you really need is an open mind. The curiosity to learn, the desire to try new things, and awareness that you can improve your performance with commitment and effort brings success to individuals and businesses.

I do think that as human beings, we are unlimited and boundless, and have the amazing potential to take on and conquer new challenges. There are few, if any, things which you cannot achieve, if you really want to achieve them. The important thing is that you want to achieve them enough to motivate you to take action.

Here is a great TED Talk by Carol Dweck, a psychologist at Stanford University who talks more about this incredible power of believing to improve.

Now, that you have a sense of how influential your mindset can be,  here is a list of seven contributing factors (combination of researched and personal experience) that I put together that I know has helped me, and hopefully can help boost your personal growth mindset as well.

Let’s begin…

1. Have good company

“You are the average of the five people you spend the most time with.” – Jim Rohn

When you’re surrounded with the right company, you can always turn to positive people for the right inspiration. For life in general, it is important to surround yourself with happy and successful people, then you’ll want to achieve your best as well.

I’m not saying all your friends have to be millionaires, but I do believe they have to be driven, motivated, and moving toward a positive direction. Plus, it’s a great way to learn and keep thinking success.

2. Set small goals

That’s right! Set small goals leading to a bigger objective. Why? A big goal can seem too far fetched, and feel like a long time to accomplish. This is where people can lose motivation along the way, but by setting smaller goals and breaking down tasks, you’ll find fulfillment in everything you do. Not only that, but it can help with overused procrastination (if your anything like me).

I have noticed that by setting daily goals, writing them down, and keeping them in sight, gives me the motivation to push forward everyday.

3. Always have a vision

In the previous section, we talked about setting small goals, but it’s important they lead to a bigger vision. Setting effective and achievable business goals is at the heart of any good business goal setting strategy.

Your long term vision should be the purpose of your hustle. When you have a clear vision, it translates into motivation and focus, and with that comes productivity and growth. While many people say they want to achieve success in business, not everyone has the passion to execute it.

4. Accept the challenge

Challenges are what creates growth along the way of your business venture.  Each challenge that presents itself is an opportunity to create a more defined direction toward attaining your ideal customers, relationships, and numbers. For this reason, appreciate each challenge and learn from it. Each one is a compass directing you toward new business leads, circumstances and opportunities.

If it doesn't challenge you, it doesn't change you

5. Not taking risks, limits your success

Success isn’t just going to appear at your front door, you have to go out and pursue it. Taking risks is an inevitable element in business in order to grow as a company, because you can’t achieve your dreams by playing it safe. When you take a leap of faith, confidence shows through and that will help you stand out from competition.

When you are good at something, you’ve mastered everything about it, but it’s only when you step into something you’re NOT familiar with that you look for ways to improve, optimize, and outperform others.

John Chow

You’re essentially building yourself further and this makes you stronger, allowing you to take risks where the reward is even bigger. It is often said the bigger the risk, the greater the reward, so you cannot get what you want if you don’t risk rejection and go for what you desire.

6. Exercise

Many people often wonder what exercise has to do with success and fail to see the direct connection. Research was done by Harvard Medical School that proves the connection of physical exercise and your brain. Regular exercise not only releases endorphins into your blood stream and these are your body’s natural pain killers. They help…

  • Reduce stress
  • Provide energy
  • Help focus
  • Motivate

*A minimum of 20 minutes a day primes your brain to make faster decisions, improves memory, and overall thinking skills.

7. Feeling Gratitude

Those who see life and career in terms of what they don’t have, cannot successfully drive their business forward. Take moments to thank and realize how great what you have is. Especially when you compare your situation to others. When you have the attitude of gratitude, you stop suffering and complaining about the small stuff.

Expressing gratitude is also an effective business strategy that can help you engage and connect with clients and employees, attract new customers, successfully overcome challenges and recognize opportunities. The best part of that, it’s free!
When you are grateful, you can’t be worried, you can’t be fearful. When you are grateful, you can’t be angry. Anger and Fear are what screw people up the most.” ~Tony Robbins
One way to practice gratitude is to think and feel of things that you are grateful for everyday for a minute or two. There are so many things that we take for granted that many others long for:
  • Access to clean water and air.
  • If you have internet.
  • If you have electricity.
  • If you can read.
Even when times are hard, find something to be grateful for.

If you want to learn more about how to become more grateful, check out this great article from Erica Anderson at Forbes about  “How feeling Grateful Can Make You More Successful” .