To cultivate and maintain a healthy growth mindset, one must continue to listen if success is going to be achieved.
Coach John Wooden, widely respected as one of the greatest coaches in college basketball history thought it was essential that leaders continue to listen and learn. On the paradox of success and listening as a leader, Coach Wooden remarks, “One of the reasons it’s extremely difficult to stay at the top is because once you get there, it is so easy to stop listening and learning.”
We will discuss the dangers of a false sense of accomplishment, how to build real success and the essential nature of listening to developing a growth mindset as a business leader.
A false sense of accomplishment is a growth killer
Many entrepreneurs feel successful but they do not have any hard evidence to support their confidence. Like going to the dentist, they fear collecting financial data and allowing those numbers to tell them the truth. For most business leaders, if they have money to burn then they are successful. Keeping up with the Joneses is the common metric but it is not a true valuation of growth or achievement. Those cultivating a growth mindset understand the value of truth, regardless of how harsh it may be.
Looking successful is not the same as being successful
Achieving a level of success typically creates two extremes, either the extreme of comfort that will quickly lead to business death in the modern economy. The other extreme success can create is the insatiable desire for more at the sacrifice of everything else. Comfort entices us like a warm blanket and then smothers us as we give in to its deception. Businesses are dropping like flies, even large names that our posterity will never remember like Blockbuster . There is no room for comfort in the growth mindset.
Your prior success cannot be your metric for growth
Blockbuster used to be an industry leader and thought to be untouchable, now the only store remaining is in beautiful Bend, Oregon. Not only does their business no longer exist but neither does their industry. Companies like Netflix and Redbox have to be aware that the rate of decline is exponentially faster than it was for Blockbuster. If these new companies do not continue to listen and adapt they will be out of business quicker than Blockbuster’s three decades. A growth mindset will not allow us to rest in our former glory.
How do those developing a growth mindset keep listening a priority?
The growth mindset starts with what comes in through your ears. Growth is a discipline that must be cultivated by allowing the right information to infiltrate your mind as well as educate your perspective. Proverbs says, "Let the wise hear and increase in learning, and the one who understands obtain guidance." If you want to develop a growth mindset as a person in a position of leadership (PIAPOL) then you need to receive good information regardless of where it originates from.
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Jon Isaacson has a monthly feature column with Restoration & Remediation (R&R) Magazine titled The Intentional Restorer