Mindset Monday: Is It Better to Develop Habits or Be Adaptable for Growth?

September 26th, 2016

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When it comes to growth and development, it’s difficult to know what is most important. Should you develop habits for success or just make sure you stay adaptable to industry changes? Let’s take a look at both aspects in relation to growth mindset.

Habitual Growth and Development

Your habits determine your success. They also determine your station, whether you are rich or poor. Have you ever noticed that rich people seem to get that way without trying? They landed an opportunity, got a break, learned something special and it’s like the money just fell in their lap. They never made any big hoopla about trying to be or becoming rich. It just happened quietly over time.

I can promise you that it didn’t happen by accident, and it wasn’t easy. The only way to success is to develop habits that lead you there. You don’t gain success while fishing at the lake unless it pertains to your business. You don’t gain success watching TV unless you work for Netflix. You don’t gain success by playing video games unless you’re a developer. Sedentary habits won’t get you there in most circumstances.

Have you ever noticed how successful people are the exception rather than the rule? How many gurus have you followed looking for success online? How many people have you watched actually find success? It is imperative that you develop habits that are the exception rather than the rule. To truly count yourself among successful people, you must develop extraordinary habits. Let’s take a look at some:

  • Read – 85% of millionaires read 1 or 2 books per month
  • Pursue your passion – You’re going to be spending a crazy amount of time in your chosen field. Make sure you don’t mind, eating, sleeping, and living inside of it
  • Find a mentor – Hopefully, you’ve already done this here at Insider Success. Guidance is huge
  • Set goals – I cannot stress this enough. If you want to get things done, set goals and crush them
  • Create lists – Namely of the to-do variety. Break down your goals into tasks and do them
  • Create multiple income streams – Diversify and grow! It’s a cliche, but don’t put all your eggs in one basket
  • Avoid wasting time – Time is money. It’s a non-renewable resource. Use it wisely

Maintaining an Adaptable Business

Forming habits can be extremely beneficial — but there is somewhat of a flip-side to the view on growth and development. If your business doesn’t become adaptable, it will eventually become irrelevant. A business that cannot flex has an end. If you don’t want your business to fail, then learning to adapt is paramount. Basically, you want to build an adaptable business right from the start.

What is the culture of your business?

Does it foster flexibility?

These are the first two questions to ask and the first two things to fix if they are broken. As a growth and development leader, you should adapt easily to change. As an example before your employees, you should establish a culture that adapts to change. If your business lacks a culture, it’s most likely because you are not cultivating your most valuable resource: your employees and their ideas, innovations, creativity, imagination, and critical thinking. Companies who don’t allow their people an outlet for their talents either fail or struggle with a high turnover rate.

Make sure neither of those situations apply to your business.

Make it happen by:

  • Encouraging the unique minds of your employees to make things better
  • Urging collaboration on every level
  • Promoting flexibility and stressing it in your business model and culture
  • Diversifying ideas and doubling down on them so they range all the way from preposterous to feasible. Explore every option
  • Starting simply. Don’t overwhelm
  • Sharing your thoughts and desires for your business
  • Leading with your passion
  • Celebrating the small things alongside the big things
  • Taking risks to explore new ideas
  • Accepting mistakes and failures as part of the growth mindset

Wrap Up on Growth and Development

So, which is better? Honestly, both are important to the growth and development of your business. You can’t get there without either one; however, the habits come first and implement the things you need to adapt and flex with the times, industries, and cultures of our world.

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