Mindset of an Entrepreneur
CEOs, business leaders, pastors and
- What will you do if I gave you INR 200 today?
- With a specific mandate to invest this amount, where would you invest?
- By end of one year, how much would this amount have grown to?
(Typical answers that I get)
Save / others or a mix of everything. spend/ help
- Invest in
bank, stock markets or start a business
- INR 200 would have grown to 210, 2,000, 5,000, 10,000, 50,000 or 5,00,000
Their mindset determines the answers. I then proceed to narrate two stories that start with INR 200.
Everybody desires growth be it an individual, family, team, Business, Church or an NGO for that matter. Growth for a business could mean revenues, profitability, ROI, new markets, etc. Growth for a Church could mean
It’s a common understanding that growth requires plenty of resources. Based on our experience and research, the first and most critical success factor would be the mindset of leaders.
Why is the right mindset required?
A company I consult were satisfied with the fact that they never made a single loss in any
This company was blessed with resources, team
The reason for comparison – I used to be an employee in this company during the initial years of its aggressive growth.
Businesses and churches struggle to grow because they failed to adopt the right mindset. Another reason is the failure to build leaders. In this case, the founding team refuses to let go. They are deceived in believing that they are surrounded by leaders; however, lack of empowerment and skills building (strategic thinking, decision making amongst other critical skills) render the so-called leaders as mere followers awaiting orders.
Until next time!
CEO Coach & Business Growth Expert
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