5 Personal Attitudes to Empower Your Business
Many entrepreneurs believe that their ideas and/or products are the only factors that determine the ultimate success or failure of their companies. But your personal attitudes have a lot to do with it as well. You can actually empower your business by concentrating on the attitudes you and your employees bring to the office every day.
The following five personal attitudes can help any venture reach success:
1. Adopt A Growth Mentality
Recent research conducted by psychologist Carol Dweck suggests that there are two different mindsets in the world: fixed and growth.
A fixed mindset means that who you are is set in stone. The fixed mindset often struggles when faced with adversity, becoming hopeless whenever something arises that does not fit into their current skill set. This makes it incredibly challenging to run a business successfully.
By contrast, individuals with a growth mindset look forward to challenges as a means of learning new things. They may not relish failure, but they value it at a learning experience that will help them succeed the next time they try.
Setbacks are unavoidable in the business world, so a willingness to learn from them is a much healthier reaction than giving in to despair.
The amount of work that goes into running your own business is undeniable. If you’re not truly passionate about what you are doing, you will quickly burn out and start to hate everything. It’s impossible to manage a business you hate every day. So any entrepreneur without a passion for what they are doing will at best, have limited success.
This also applies to your team members. If your employees are there only to collect a paycheck, your customers will notice their lack of enthusiasm and share their indifference. If you want your customers to truly care about your brand, the faces they directly interact with need to be every bit as passionate about it as you are.
Many very intelligent people drown themselves in data before making even the simplest decision. A little bit of homework is a good idea, but the business world is too fast-paced to over-analyze everything. If you try to do so, opportunity will have come and gone before you decide whether your company is ready to seize it.
Taking action can also help manage your fear of failure. There’s never a perfect time to take a substantial risk, so a decisive individual won’t wait for one. Instead, they’ll make a strong decision and use any fear of failure as motivation when channeling the energy required to make that decision a good one.
Company leadership is not just about making critical business decisions, but also inspiring your employees to be the best that they can be. Teamwork is important, but offices often function best when individual employees have the skills and leash needed to handle situations on their own. This allows the business to grow without forcing management to deal with every little thing that comes up.
There are several things that make a strong leader. Leading by example is an important one, so model the behavior you expect of your employees at all times. Positive reinforcement is also a great way to get your team on the same page. This can be financial (a raise or bonus), but even something simple such as more responsibility at the next team meeting can be meaningful.
Finally, flexibility is among the most important personal attributes for a small business owner. Flexible individuals have the capability to adapt their original plan to fit current needs, leaving them better equipped to achieve results in any situation.
Your ideas as an entrepreneur are important, but so is your attitude. The five attitudes above can help you empower your business for success!