How To Create A Growth Mindset (In A Simple 2-Step Process)

By Rachael Taylor


In order to grow, you need to know where you're coming from in the first place - you'll get farther when you know where your jump off point is. Think about this way, basketball players have incredible power in their legs, in their jump when they go to make a basket.

They have more power from the crouch and spring that being connected to the floor gives them. Now imagine that all those basketball players were hovering 6 inches off the ground, unable to touch the floor beneath them.

When they went to rise higher to make a basket, their legs would have to work triple hard, with kicking and swimming and ab crunching to get up to a higher place. Almost like a cartoon character trying to get higher in the air.

Now obviously, this is a silly example, but the picture holds true. When you have a solid footing to jump from, you can go much farther and faster too.

In that sense, to have a growth mindset you need to first know where you're starting from.

For me, I began with a mindset of never allowing myself to have more money than I absolutely needed to pay my bills. I would have a couple hundred dollars leftover, month after month, regardless of how much money I made.

I would either be putting large chunks of money in my savings, paying off debt or spontaneously buying big purchases (and even though they were practical) that continued this cycle of scarcity. I ended up feeling (and being) broke at the end of every month, when I could have balanced out my finances between personal and business.

I never allowed myself to have more than I needed and create space for growth in my business or in my mindset.

Does this sound familiar to what you're going through? Do you find yourself in the same pattern when it comes to money and your business, no matter how hard you work or how much income you bring in?

If so, don't worry because there's a way to adjust your mindset to change that and it's a pretty simple 2-step process.


Step 1: Take your temperature (in your mindset, of course).

Grab a single piece of paper and write down where you are right now in your business - profits, clients, goals reached etc.

Don't stress if you're just starting out and you are on the journey of learning how to be an entrepreneur. This is a great exercise that applies to every entrepreneur when creating the right business mindset and switching to a growth mentality.

Once you've written down that quick snapshot of your business, take your temperature and check in with how you're feeling about it in this moment.

  •  Proud?

  • Frustrated?

  • Ready for more?

  • Angry?

  • Discouraged?

  • Happy?

  • Overwhelmed?

  • At peace?

When I first did this, I was really upset with myself at not being farther ahead. I've always held myself to very high standards and tend to play the blame game with myself when things aren't going my way. But do you want to know a secret?

My best creative and productive days aren't the ones spent being mad at my business, frustrated with myself and focused on everything going wrong. In fact, it takes up more energy in our minds and bodies when we are centered on the negative and allow negative thinking to enter our minds.

This is not to say that problems aren't real problems, and the best cause of action is to ignore them.

The best way out of a problem is with a solution, but the solution cannot be made real if we stay focused on how big the problem is.

Step 2: Recognize that your attitude determines your altitude.

Your altitude is how far you'll go in business and in life.

Think of a plane climbing upward into the sky - the higher it goes, the closer it gets to a sweet spot that will allow it to reach its' destination in the best, most efficient time possible. In the same way, your mindset determines how quickly you find your business groove and if you stay there.

Creating a growth mindset is recognizing that where you are, is not where you will continue to stay.

It's believing that bigger things are on the horizon, that your efforts of working the soil, planting seeds and watering the ground will yield a big harvest in due time.

When a farmer plants seeds, it's not an overnight success. He first creates the right environment in the field, then he takes time to strategically plant each seed in the right place, so it has the best chance of growing. Then, he waits. He waters and he waits.

He checks it again, waters some more and waits a bit longer. The whole time, he is nurturing that field, keeping an eye on it, making sure that pests and storms and bad weather conditions don't destroy what he has worked hard to build. 

If he sticks with this process, within the year he has his reward and the field will produce happy and healthy plants that the farmer can use in his business.

In the same way, you need to approach your business with this mindset of patience, just as much as growth. Some things you do will create an instant reward, a client reaches out, you make a sale, you get offered a speaking gig at a conference that is great exposure.

Other things, you may have to wait until you see the results that you want, and that's okay.

Learning how to be an entrepreneur is matching up your business strategy with a mindset that allows you to do actions that create short long-term benefits that will grow your business and help you earn more money.

Think about how you're viewing your business right now.

  • Do you believe that it will grow? That your hard work is going to pay off?

  • Do you see yourself getting to your next income level and paying off your debt/house/car?

  • Can you visualize having more money than you need, than anyone in your family has ever made?

  • Have you been focusing on everything that's not going right, instead of what's going well?

Use this simple 2-step process, taking your temperature and recognizing that your attitude determines your altitude, to create a growth mindset and level up your business. Writing your answers down is always more powerful than answering in your mind, so take a minute and jot down what is coming up for you.

Let's get it out of your mind, and onto the page - that's where the magic is.

If you’d like help in this area, learn how we can work together to transform your mindset and grow your business, so you can earn more money.

Remember, being an entrepreneur is a big adventure with unlimited potential, but it requires you to grow if you want to reach new levels of success.

Growing to your next level may not be comfortable, but I promise you that it’s always worth it.

You have this dream for a reason and it’s the perfect time for you to chase it!

Stay strong and courageous, my friend.

Till next time,

xo Rachael