Fastened Mindset Vs. Sense of Progress

Understand a solid mindset versus the growth mindset – and if you want to be successful, follow these 5 steps to develop a growth mindset

Jake Wengroff

The power of the mindset is a beautiful thing.

Your attitudes and attitudes guide every decision you make, including those related to your job, business, and bank account. And Ramit agrees. in the his article "Don't Be Broke: 5 Wealthy Mindsets for Living Riches, ” He advises focusing on what you can control, developing a growth philosophy, letting go of guilt, making more on the side, and saying that big wins are more important.

Today let's pull one of these and go deep: Adopt a philosophy of growth.

Here we look at the difference between a steady mindset and a growth mindset to understand how a growth mindset will help you live your best life … your rich life.

The fixed mindset

Put simply, the solid mindset is the belief that intelligence and creativity are fixed qualities that are set in stone at birth and cannot be changed. With this attitude, individuals are generally consumed – or even obsessed – with putting themselves in two different situations:

(1) Demonstrate success

People with a steadfast mindset need to be constantly rewarded for their intelligence, experience, or even personality. They will look for jobs, experiences, and situations where not only will they know they will succeed, but they will also receive a physical, tangible reward for their success.

(2) Avoidance of Errors

On the other hand, those with a solid mindset will do whatever they can to avoid risk and failure. This includes telling yourself to avoid applying for certain jobs, asking for a promotion, or starting a business for fear that any of those pursuits were likely not intended at all.

Attitude people believe that there is not much they can do to change themselves or the world. So why shoot for the stars when they have no chance of ever becoming an astronaut?

Those with the steadfast attitude tend to …

  • I want to do as smart
  • Avoid challenges and risks
  • Refuse to face obstacles
  • Consider hassle a waste of time as everything is set up in advance
  • Ignore criticism, even if it is constructive
  • Do you feel threatened by successful people?

The growth philosophy

The attitude towards growth is the opposite: the belief that some intelligence and creativity could be present at birth but can be cultivated and expanded over time.

Those with the growth mindset have no problems or inadequacies with their IQ. They believe that they will grow and change naturally through experience, and that failure is not actually failure, it is simply an opportunity to learn.

Those with this "open mind" have replaced the hunger for consent with the hunger for learning. They see life as a laboratory for experiencing, testing and growing. Unlike those with a fixed mindset, those with a growing mindset actively seek out risks and new, unfamiliar situations, as these challenges ultimately help them become better – more effective, patient, open-minded – individuals. New challenges mean opportunities to exhaust your own potential, which leads to success.

Those with the growth mindset tend to …

  • Always want to learn
  • Look for challenges and take them on
  • Face obstacles in front of you
  • Think of effort as a path to mastery
  • Feel that criticism is a way to learn and improve
  • Be inspired by other people's successes

People with a growth mindset take risks

The growth mindset works well for business people for the simple reason that getting a job, getting a promotion, finding customers, building products, or hiring the right people or partners requires creativity – the “outside the box” stereotype out “, which I shouldn't be using here, but I'll do it anyway.

There is certainly nothing wrong with working hard, getting great results, and pleasing your supervisors, co-workers, and customers on a regular 9 to 5 full-time job, doing more or asking for more – money, responsibility – requires taking one on certain risk.

Those with a growth mentality have been challenging themselves for some time. You have made attempts to create new ventures or new environments and the results may not have been favorable. Of course, these would not be assessed as errors, but rather classified as learning experiences.

Steps to develop a growth philosophy

Forget the harsh thought that there is a fixed or growth philosophy in place from birth. Experts agree that everyone is a mix of solid and growth philosophies. Furthermore, this mix evolves with experience, but involves some risk. How can you make the transition?

  • Destroy your invisible scripts – – Invisible scripts are the inner truths that control our lives and often keep us from a rich life. Ramit identified the most common invisible scripts and can show you how to destroy them.
  • Create new habits by being brutally honest with yourself – – Ramit calls this an "honesty bath," and it requires looking at your strengths, weaknesses, and past behaviors to identify areas of self-improvement.
  • Learn that it is okay to fail – – Those with a steadfast mindset avoid potential rejection and failure at all costs. However, to help you accept more of this in your life, Ramit has one 3-step process for dealing with rejection. T.The first step is: "Let rejection arouse you."
  • Spend on books or experiences that will help you grow – – You can't figure everything out yourself. Do not elude books and courses in order to develop a growth philosophy. Never question spending on what is important to you, or limit spending on health or education are # 4 and # 7 of Ramit's 10 Money Rules.
  • Give yourself time to develop yourself – – Accept that it will take you some time to develop yourself. Patience isn't a common trait among people with a set mindset, but you will get more benefit from it as you transition.

How a Growth Philosophy Will Help You Live Your Rich Life

In the 5 Steps to Changing Your Finances, Ramit's number 1 is to change your mindset.

Change the way you think, adjust your attitudes, learn new skills, change your spending habits – these are all mini-mindsets, if you will. Take the time to carefully choose, stop, and measure what is working and what is not and you are on your way to success.

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