Categories: BusinessManagement

How to Develop a Growth Mindset and Achieve Success?

What is Growth Mindset?

One believes in improving his/her abilities, talent, and intelligence through their efforts, we can say that one is having a growth mindset. A growth mindset knows success depends on time and effort.

Difference between Fixed & Growth Mindset

The basic difference between fixed and growth mindsets is, the fixed mindset believes in intelligence is static, and on the other hand it believes in intelligence can be developed/ improved.

Also Read: How to Stay Relevant in Your Career? A Valuable Guide

Let’s see how they both think:


Fixed Mindset Growth Mindset
  • Always Believe in Perfections

  • Avoid Challenges

  • Use old tactics and avoid new one

  • Avoid risk taking

  • Give up easily

  • Orthodox working style

  • Rules and regulations are perfection No improvisation

  • Negative attitude
    • Acknowledge and embrace imperfections

    • Take challenges as opportunities

    • Try and learn different tactics

    • Believing in trying and learning

    • Enjoy the process over the result

    • Avoid Procrastination

    • Take responsibility

    • Learn from mistakes & having

    • positive attitude

    How to Develop a Mindset?

    Developing growth mindset is a continuous process which requires persistence, optimism and channelized efforts:

    • Identify your mindset i.e. fixed, growth or mix.
    • Accordingly observe which characteristics or habit as a part of mindset can become an obstacle in your path to success.
    • Success is all about consistence, competence, improvisation, perseverance and keenness to keep learning.
    • Decide on what changes are needed in you as a person you want to be.
    • Now, look at your improvements and analyse.
    • Review the success of others and compare with yours.
    • Seek feedback.
    • Keep learning and be open for innovative ideas and implementation.
    • Take calculated risks.
    • Make mistakes.
    • Set realistic goals.
    • Self-motivation is a must.
    • Learn to change.

    How Growth Mindset Plays Vital Role in Achieve Success?

    A growth mindset can be confusing and sometimes phobic or panic-inducing for an individual because it demands to take risks, it asks a person to take a route that is unusual, uncommon, or doesn’t match the rulebook or set of defined regulations. There is a fear factor involved that things can go wrong and not according to plan but if moving on a distinct path or route can help you grow and develop then obviously it is worth it.

    Also Read: The importance of critical thinking in problem-solving

    The growth and development attained will surely help the individual in long term. Doing something is anytime better than doing nothing as a fixed mindset is like being static and doing nothing. The world itself is dynamic and it requires potent dynamic individuals and professionals for growth.

    I Business Institute, Greater Noida is amongst the Top Management Colleges in Delhi-NCR. It is approved by the Ministry of Education and affiliated with AICTE and, dedicated to 2 year full-time PGDM program. IBI helps management aspirants to develop mindset through its pedagogy, curriculum activities, industry exposure, and may more.

    Admissions Open for the PGDM Batch 2024-26.

    I Business Institute, Greater Noida
    Business Institutes in Delhi-NCR
    Website: www.ibusinessinstitute.org
    Email: admissions@ibusinessinstitute.org
    Helpline No: +91-7065333326/27

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