Insighticles on how mindset drives business growth

1. Growtist
Insighticles
On how 'Mindset' drives Growth
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The 2 Basic Mindsets That
Shape Our Lives
A CEO with a Growth
Mindset
The Maturation of the
Billionaire Boy-Man
The Fundamental Reason
Yahoo Could Not Achieve
'Greatness'
We Don't Appreciate
Enough The Importance
Of Decision-Making
Do You Have IIT Question
Syndrome?
Don’t BEGIN With
Brilliant Ideas. DISCOVER
Them On The Way!
Don't Take Too Much
Advice!
Next Big Thing Will Start
As A Toy!
Insighticles in
this issue

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If He Had Listened To
Investors, His Company
Wouldn't Be Here
Why Some People
'Remain' Poor And
Unlucky
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4. A fixed mindset assumes that our abilities are fixed. Therefore, he considers failure
as a negation of his abilities.
A growth mindset, on the other hand, assumes that abilities can be improved by
effort. Therefore, he sees failures as learning opportunities.
As a result, a growth mindset person keeps on growing.
Read more at brainpickings.org (based on Carol S. Dweck's best-selling book:
'Mindset')
The 2 Basic Mindsets That
Shape Our Lives

5. Image: greenbaypressgazette.com
Media called his moves stupid.Analysts downgraded his company's stock.
But, he went on with his judgment. His company beat Procter & Gamble in 6 out of
8 product categories.
When asked how was he able to perform exceptionally well, this is what he had to
say:
"I never stopped trying to become qualified for the job."
Read this article on Darwin Smith, ex-CEO of Kimberly-Clark.
A CEO with a Growth
Mindset

6. Is Zuckerberg an accidental billionaire--being at the right place at the right time?
If your answer to the above is 'yes', you are missing out on gaining tremendous
learning from a guy who simply had the right qualities to grow both himself and
Facebook.
An early colleague of Zuckerberg remarks:
“Was he lucky? Of course. We’re all ridiculously lucky. But you also
make your own luck. The world has overlooked how great Mark is as a
CEO.”
Read this long-post from Henry Blodget at nymag.com .
The Maturation of the
Billionaire Boy-Man

7. Businesses that aspire to be Great, need to often take the road less traveled.
This requires sacrificing smaller short-term gains for a bigger long-term
gain.
Zuckerberg (Facebook) was able to take this road less traveled. But not Yahoo...
Read more of my post at LinkedIn.com.
The Fundamental Reason
Yahoo Could Not Achieve
'Greatness'

8. Great people understand that decisions alter destiny, and hence are great decision
makers.
Nikesh Arora is good recent example of this. In 1989, when he was 21, he took the
brave decision to go to the U.S. with 2 suitcases and $100 in cash. Today he earns
INR ~4 Crores every day!
But, sadly most of us have NOT internalized the crucial role of decision-makingto
our life.
Evidence: We do not train our beloved kids for this crucial skill. WE often take their
decisions for them!
Read more at LinkedIn.com.
We Don't Appreciate Enough
The Importance Of Decision-
Making

9. People often discount the output of a Strategy assignment.
Considering it to be either very obvious or very simple...
This is a bias.
Strategy (unlike a financial model) is a conclusion, a synthesis. It has to be simple.
But, it is that kind of simplicity that one only achieves after going through a lot of
complexity!
Read more at Medium.com
Do You Have IIT Question
Syndrome?

10. Google began as a project to improve library searches, followed by a series of small
discoveries that unlocked a revolutionary business model.
Twitter began as a side project within Odeo, a podcasting company that was going
nowhere.
Most successful entrepreneurs launch their companies WITHOUT a brilliant idea
and THEN proceed to discover one!
Read more at Techcrunch.com
Don’t BEGIN With Brilliant
Ideas. DISCOVER Them On
The Way!

11. Most people generalize whatever they did, and say that was the strategy that
made it work.
In reality, there’s very little way of knowing how various factors contributed to
success or failure.
So, taking too much advice is not a good idea.
Pinterest itself is a great case in point here.
Read this article at allthingsd.com to know how co-founder Silbermann debunked
some conventional wisdom (such as 'Fail fast', etc.).
Don't Take Too Much Advice!

12. Big new things sneak by incumbents.
Top internet properties today looks totally different from the list 10 years ago!
The reason: the next big thing always starts out being dismissed as a “toy.”
Read more at cdixon.org
Next Big Thing Will Start As
A Toy!

13. "Over the last 24 months, everybody told us that the only thing that matters is
growth, growth, growth.
If I had to take at face value every single advice I got ... Postmates wouldn't be
here."
Read more at money.cnn.com
If He Had Listened To
Investors, His Company
Wouldn't Be Here

14. I always used to wonder: Why some people seem to be consistently poor and/or
unlucky?
I was a bit depressed about this observation. Why should such a thing happen to
only some people--and consistently?
But, then I starting seeing a pattern...
People remain poor/unlucky because they mainly see only the
negative side of life
Read more of my post at LinkedIn.com
Why Some People 'Remain'
Poor And Unlucky

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