A Tale of Two Mindsets

Bill McDermott of The Profitability Coach is a member of XPX Atlanta

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Have you ever stopped and examined your mindset as a business owner and leader?

Your mindset impacts all aspects of your company—how you view situations and people and how you approach challenges and opportunities. It is much more nuanced than simply having a positive or negative mindset.

Check out these two business owners with dramatically different mindsets and the impact it had on them and their businesses.

Jim was an incredibly intelligent and talented business owner. But he saw his intelligence and talent as fixed traits; they were as good as they were going to get. Jim believed the results of his business were due to his talent alone, so there was no need to change. He had a successful business and it produced a good profit.

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Updated: January 11th, 2022

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