Developing an Entrepreneurial mindset Part Eight

entrepreneurial mindset

Another great exercise is making a list of the things you've done in your life that you're proudest of. The process of writing things down and repeating them over time will make them your new reality. Over time, beliefs that become habits turn into muscle memory. Now make that list of the things you’re proudest of.

  • When did you feel you were at your best? That is your muscle
  • In what ways have you sabotaged yourself or held yourself back?

No matter what happens in someone's life, its only meaning comes from what the individual allows it. The sooner people learn this key fact, the easier it will be for them to take control of their thoughts and what they attract into their lives. When working with clients, I observe when they have thoughts or beliefs standing in the way that hold them back from reaching goals. Then I show them how they can replace those unproductive beliefs with more productive ones through the following methods.

Reframing is changing the way one evaluates the meaning of an action or situation.

Example: I once worked with a client who believed that making a lot of money was wrong because she shouldn’t need that much money. She needed to see that if she made more money than she needed, she could use that additional money to help a cause that was important to her. Once she saw the benefit of making more money, how it was larger than her, she started to get excited about making more money. As her beliefs started to change, she started to find ways to attract more money into her life.

Content reframing is taking an exact situation and changing what it means.

For example, when my kids were young, I would often be out on a limousine run until two or three in the morning. So, we trained our kids to not to wake me up early in the morning.

One morning after a late-night run, I heard the twins fighting at seven AM in the kitchen, which was right above our bedroom. Seeing red, I got up and went upstairs. As I entered the kitchen, the twins looked up, saw me, and froze in their tracks.

Sam cried out, “Daddy, we are making you breakfast, and I want to make you pancakes.”

Monica cried out, “But, Daddy, I want to make you French toast.”

Reality set in. Yes, they were fighting, and yes, they had woken me up. But they were fighting over what to make me for breakfast. How could I be mad at them for that?

Looking at them, I said, “Kids, let’s play Iron Chef. The secret ingredient is eggs. Let the contest begin!” An hour later, we had two very excited champions, and one very full dad.

Context Reframing is changing the way you see, hear, or represent a situation drastically. This means taking an experience that seems to be bad or undesirable and showing how that same behavior or experience is actually an advantage in another context. Rudolph the Red-Nosed Reindeer is a great example. While he was teased for standing out with an unusual nose, he was able to turn a potentially dismal situation around. My personal “Rudolph” experience was ending up in great debt, despite what I knew about money and finance—which made me realize that anyone can make foolish financial decisions, no matter how much they know. So, I set out to design a system to help prevent others from going through the pain I did.

Both types of reframing—content and context—alter your internal interpretations by resolving pain or conflict and therefore putting you in a more resourceful state.

Reframing is a wonderful tool when you have false or limiting beliefs. For instance, when my kids tell me they can’t do something, I ask them, “You can’t, or you choose not to? Either one is fine; just call it what it is.” Or, if I hear them say, “I could never have or do that; it costs too much,” I tell them, “It’s not that it costs too much; it’s that you can’t currently afford it. What can you do to earn the money needed to be able to afford it?”

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