Here's how you can enhance your adaptability by developing a growth mindset in small business.

Ditch the business suit, strap on your mental roller skates! Adaptability boot camp starts now: Juggle flaming chainsaws: Embrace calculated risks, a little chaos keeps the mind nimble! Learn a secret handshake with pigeons: Network with the unexpected, fresh perspectives are key! Yodel the alphabet backwards: Challenge your brain! Mental agility translates to business agility. Dress for the opposite weather: Be prepared for anything, the market's a fickle friend! Invent a dance for "declining sales" : Laugh at setbacks, bounce back with creativity! Get weird, get adaptable, conquer the business jungle!

It's important to embrace just how powerful mindset can be. Napoleon Hill talks about Gandhi being able to wield more power than any man living in his time. And, he did it without money, an army or even a home. He did it through faith which is a part of mindset. Having a growth mindset includes believing that your skills can be developed and expanded through learning. A growth mindset individual more often sees challenges as opportunities for growth instead of avoiding them. And, people with a growth mindset tend to be more resilient because they can Adapt to Change.....which is KEY for any business owner!

For private business owners organic growth is the best path over the long term. Using debt to buy someone else's equity is a trap, one false move and you are done. The use of debt to purchase equipment which generates an invoice is okay. The use of profit sharing while encouraging growth in your firm can be very powerful; d on't quash your workers creativity by telling them how to do something. Give workers the resources they need and be specific about what must be done but let them figure it out.

From my perspective, embracing change is essential for cultivating a growth mindset! By seeing change as an opportunity rather than a threat, we open the door to continuous learning and improvement. When faced with new market trends or shifting customer preferences, approach them with curiosity and an eye for potential benefits to our business. Encourage your team to share innovative ideas and be open to experimenting with new strategies. Each change presents a valuable chance to grow and enhance our business model.

A commitment to lifelong learning is a hallmark of a growth mindset, especially in the context of small business. Staying updated with industry news, acquiring new skills, and understanding emerging technologies are crucial for success. Attend workshops, sign up for online courses, and network with peers to exchange knowledge. The more you learn, the better equipped you'll be to adapt to new situations and overcome challenges.

While it is said that leaders are readers. It is also imperative that actionable steps beyond reading the materials are also taken. The secret to success is always is in the follow-up actions taken towards implementation.

In the rapidly evolving landscape of small business, continuous learning is your superpower. Stay curious and seek knowledge from every possible source. "The capacity to learn is a gift; the ability to learn is a skill; the willingness to learn is a choice." - Brian Herbert. Enroll in courses, attend workshops, read extensively, and engage with thought leaders. Make learning a daily habit, and you’ll find yourself equipped to handle any challenge that comes your way. The more you learn, the more adaptable you become.

When I first began coaching, I was perplexed at where to start my position, my niche. You see I've been involved with small businesses for 40 years now. While going from one position to the next I didn't realize how very rich my hands on experience was becoming. Having done everything from running a B2B ad agency to running a division of a chemical distributor, I absorbed and learned a ton about business and the people that run them. Now I can speak to any company large or small and be comfortable with their story. By being open to learning new businesses and new methodologies, I have become an outstanding Executive coach. So keep going out on the skinny branches and exploring the ever evolving world of business. We need you.

Fail fast, Fail cheap. You can wait till everything is perfect. Create the minimum viable product and release. Gather feedback from customer and adapt and change. You can they it right first time or second. Be ready to dial and move on quickly. It’s a major hurdle because we got so invested in an idea. However, this mindset doesn’t help a small business grow, it holds it back and we need to be agile, proactive and embrace change.

Failure proves you at least tried. "Trying" then requires commitment. Become more aware of the environment you work in and the people you associate with improve both. Failure is just feedback to course correct

Failure is not the opposite of success; it’s a part of it. Accepting failure as a natural part of the journey can empower you to take risks and innovate. "Success is not final, failure is not fatal: It is the courage to continue that counts." - Winston Churchill. View failures as learning experiences and opportunities for growth. Each setback teaches you something valuable, making you stronger and more resilient. By reframing failure, you can transform fear into fuel for your success.

Until I grasp what can and/or does make a business fail, I can't create anything new. The willingness to deal with all the aspects of your business gives you power as a leader. Somehow running from failure seems to inspire it to move even faster than normal. Stop and embrace it, learn from it, use it to make you a better leader.

Setting challenges pushes you out of your comfort zone and fosters growth. "Great things never came from comfort zones." - Ben Francia. Challenge yourself to achieve new goals, take on new roles, and explore uncharted territories. These challenges will stretch your abilities and enhance your adaptability. By constantly pushing your limits, you build the confidence and skills needed to navigate the ever-changing business landscape. Embrace challenges as opportunities to evolve and excel.

Without challenges and targets, one can never excell. If you do not set targets, you have nothing to achieve, and will just drift in life

The biggest winners are those that fail the most until they succeed. If you never fail than you will never learn what works and what doesn't work.

I notice that without challenges, I become bored. So I make myself uncomfortable, make myself push even if it looks like I won't win. I'll have walked away having learned something new.

As an Executive Coach, I believe that two way feedback is critical to the health of all relationships, business and personal. Why risk misunderstandings. miscommunications when people are willing to share their point of view? We all just want to be heard and known.

Feedback loops where you encourage feedback, criticisms amd encouragement is critical to insuring success of any project. Without feedback there is only stagnation to growth.

I am a Business/ Financial Advisor for last 27 years. I consult and assist clients all over the world from Start-up companies, Small Businesses, Medium Scale Businesses, Large Corporates to Conglomerates who are operating in diversified sectors and countries. All of above categories are totally separate. Unfortunately a Company in Small Business category or SME (Small & Medium Enterprises) Category needs many different adaptations to move into the next level. This is what’s lacking in all of those businesses. They try to continue the same ways of doing business how they have been doing. That makes them stay in the same position or loose the businesses due to reasons. That’s why you need an Advisor or Consultant to guide you through.

I’ve worked with small businesses for decades. What small business does not want to grow? I’ve yet to meet one! In fact, the norm is wanting to grow too fast!