Focus on a Growth Mindset to Improve Your BusinessAre you at a point in your business where you feel like you have hit a plateau? Has your revenue tapered off and you’re looking for a way to jumpstart your business? At AMP Business Coaching, Alice Pallum works with countless business owners who all have struggled at one point or another to take their business to the next level. One overarching theme that she’s seen in these business owners is the need for a shift in mindset. As a business owner, many of your decisions are shaped by your mindset, which is why it’s so important to always focus on improving your mindset when it comes to growing your business.

Focus on a Growth Mindset to Improve Your Business

As a business owner you typically have two options when it comes to growth: grow or shrink. Even if your business revenues are flat, over time your business will likely shrink just from an inflationary standpoint. This is why it’s so important to always focus on having a growth mindset. Not only does this mean doing everything you can to grow your business, but it also means empowering your employees to grow in their roles as well. You always want to make sure each and every employee in your organization has the ability to grow and learn. If you focus on this type of growth mindset, you’ll end up with an organizational culture that will be vital to the success of your company.

How Can You Foster a Growth Mindset?

Below are just a few ways that you as a business owner can encourage a growth mindset among your team:

Focus on learning – When you’re interviewing for key roles in your organization, don’t necessarily focus as much on hard skills, but try to get a sense of whether someone has been focused on learning in their previous roles. Ask them about side projects where they may have picked up new skills that can be applied to the workplace.
Encourage measured risk taking – Failure is simply a part of growth. As a business owner it’s important that you let your employees know that it’s ok to fail and that measured risk taking can often produce amazing results.
Allow employee’s roles to shift outside daily tasks – Growth often occurs when employees step outside their daily routines. Be sure to foster cross training and other mechanisms that can help your employees provide input into areas outside of their daily roles.

Interested in Learning More About the Value of Mindset?

If you think that your organization could benefit from a mindset shift, feel free to reach out to Alice Pallum of AMP Business Coaching today. She’ll be happy to offer a free business evaluation where she can sit down with you to discuss your business coaching needs. She can always be reached by phone or text at (612) 799-3991.

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