#61 Why a Growth Mindset Is Essential in Leadership

The 360 Leadhership Podcast, Episode 61, 22 February 2023 by Lucy Gernon

How do you react when something goes wrong?

Do you get frustrated and only focus on the problem? Or do you see the opportunity to learn and grow?

As a leader, you need to be resilient and having a growth mindset is key to make sure you don’t lose your mind!

Dr. Carol Dweck is famous for bringing the concept of a growth mindset to the world stage. It is a pretty simple concept, when you shift your thinking from negative and problems to positive and solutions, you are more successful and happier.

What’s not to love?

But I know it’s not always easy, especially at your level when the stakes are high and the pressure from above is fierce. I know this feeling only too well.

I am going to share a personal story with you now that will show you that out of all setbacks comes an opportunity.

When I first started out with my business, I tried to launch a group coaching course. I had all this enthusiasm and energy to try to help women to silence their inner critic and be more confident. Thus, this group coaching program was born.

First of all, I did a webinar and there were roughly 100 people who came to the webinar. At the time I was working with anybody who was interested. It wasn’t a niche for women in leadership. I tried to sell that program to better the attendees for an extremely low price versus my investment now.

And not one single person signed up. I felt embarrassed, confused and frustrated. 

I had pushed myself out of my comfort zone beyond belief to do a webinar on my own for the very first time since leaving the corporate world. I had pushed myself to get visible thinking that all my dreams were going to come to fruition. And that when I promoted this course that everyone was going to sign up.

At that moment, I had a choice. Am I going to throw in the towel and give up and say that it’s not going to work? Or is it something to do with me? Or am I going to keep my eye on my intention? Am I going to keep focused on the future? And am I going to keep going? Am I going to learn why people didn’t sign up? Am I going to learn how I can do it better?

So what I did in that situation was I persisted and kept going. And what I realised was that  my program was too generic. I hadn’t built credibility, these people who signed up hadn’t a clue who I was. I didn’t share enough of my knowledge so that they could trust me.

There were so many things I learned from what one would perceive as a negative situation. Because I learned from that I’m now in a position where I’m winning awards for my coaching business, where I’m recognized as an expert, where I’m sought out by women all over the world because I kept going.

Now, back to you and your own career, have there been times where you faced a setback? How did you react, was it negatively by catastrophizing and speaking down to yourself or was it positively where you saw it as a lesson and tried to learn from it to better yourself?

If you find yourself with a fixed mindset, you can change it and that’s exactly what I share in this episode

Here’s the episode at a glance:

[04:31] How a fixed mindset holds you back as a leader

[06:24] The benefits of a growth mindset

[07:39] The biggest failure I had in my business and how a growth mindset saved me

[13:15] How your life will change when you adopt a growth mindset

Please rate, review and share this podcast with any female leaders you may know who would like actionable tips and tricks on how to navigate the corporate world. You would really help me out!

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