NatWest Business Builder: Introduction to The importance of mindset

Developing your own mindset and behaviours is a crucial (but often overlooked) part of being an entrepreneur. In this module we are going to take a closer look at mindset, why it’s important to you and give you a tool to understand your own mindset better.

In this module, you’ll explore:

• What is mindset?
• Why is your mindset important to you as an entrepreneur?
• The difference between a fixed and a growth mindset

Start by downloading and saving the workbook to your computer, to use throughout the module, capturing any key takeaways and completing the exercises at the end of each chapter.

What is mindset?

In the first chapter, we’re going to dive into more detail about what mindset is, looking at some of the research that has been done on the subject by world-renowned professor of psychology Carol Dweck, and how her studies have ignited the use of growth mindset across a number of different industries.

Why is mindset important?

In this chapter we are going to explore why mindset is important to you as an entrepreneur, and by recognising, understanding and developing your mindset, you can become a more effective entrepreneurial leader.

The differences between fixed and growth mindsets

In the final chapter, we’re going to look at the different outcomes of adopting a fixed and a growth mindset, introduce you to a simple tool to recognise this and hear from some entrepreneurs about their experiences.

Further Reading

• SME Tools: how to be productive
• Eight business habits to break
• How to create the right mood
• Five laws of disruptive business thinking

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