Hey friend👋
Today we’re talking about the phenomenal book Mindset by Carol Dweck.
The book that explores the concept of mindset and its impact on personal and professional success.
I’ll get to it in a minute, but before that I have an important announcement to make.
📢 Doors Open for Indie Masterminds
Registrations for the next cohort of Indie Masterminds will close in a few hours from now.
If you’re looking to start a side hustle or build a small, independent business then the program and community is perfect for you.
It’s a 4 week program wher you mastermind with like minded peers at a similar stage as you. We follow a hot seat model, where 1 member is on the hot seat every week and everyone else helps them brainstorm ideas and solutions with them.
It’s a great way to learn from the experience and wisdom of others.
I faciliatate and run every session, and I share what I can from my own experience.
You can find out exactly how the program works on the website below👇
I’ve refined ever aspect of the program to ensure that you strategic insights, valuable ideas and actionable feedback in your journey.
50+ entrepreneurs have gone through 16 cohorts before this, you will find their testimonials on the site.
If you’re serious about your goals and can invest 1 hour a week into your growth, then you must join.
Let’s work together ✊
Now, onto the key ideas from Mindset 🚀
1. Fixed Mindset vs Growth Mindset
Our mindset shapes whether we believe we can learn and change and grow – or not.
The difference between the 2 mindsets is the most important idea from this book.
Fixed Mindset
Fixed mindset is a belief that our abilities and traits are set and unchangeable.
People with a fixed mindset believe that their intelligence, talent, and personal characteristics are inherent and cannot be improved upon.
This means that they are often resistant to challenges and avoid taking risks for fear of failing or revealing their limitations.
In a fixed mindset, success is seen as a reflection of innate ability and achievement is valued over effort and learning.
As a result, individuals with a fixed mindset may become discouraged in the face of difficulty, give up easily when challenged, and avoid taking on new tasks or learning opportunities that could help them improve.
A fixed mindset can limit our potential and hinder our success in life, as it can lead to a fear of failure, a lack of resilience in the face of adversity, and a reluctance to take on new challenges.
Growth Mindset
A growth mindset is a belief that our abilities and traits can be developed and improved through effort and learning.
People with a growth mindset see challenges as opportunities for growth, embrace failure as a chance to learn, and persist in the face of adversity.
In a growth mindset, success is seen as a result of hard work and effort, and individuals value the process of learning and improvement over the outcome of achievement.
This means that they are more likely to take on new challenges, seek out opportunities to learn and grow, and persist in the face of difficulty.
A growth mindset leads to greater success and satisfaction in life, as individuals with this mindset are more motivated to tackle challenges, learn from their mistakes, and continuously improve.
2. Progress vs Perfection
For most people, striving for perfection becomes a mental barrier and they never even get started towards their goals.
Instead, we should focus on make tiny changes at a time, small progress will eventually take us to our goals, but if we expect perfect results from day 1 then we’re doomed to fail.
People with a growth mindset understand that progress and growth are the keys to success, and that this mindset can help us overcome obstacles and achieve our goals.
A growth mindset focus on the process of learning and improvement, rather than the outcome of achievement.
Progress is a journey, and that setbacks and failures are part of this process.
Rather than giving up when faced with challenges, these experiences should be seen as opportunities for growth and learning.
People with a fixed mindset often focus on the outcome of achievement and strive for perfection, which can lead to disappointment and discouragement.
They may become overly critical of themselves and give up easily when faced with challenges, as they see these experiences as a reflection of their inherent limitations.
By focusing on progress over perfection, we can develop a growth mindset that will help us achieve greater success and satisfaction in life.
3. Mindset matters in every area of life
The book dives deeper into how the idea of fixed vs growth mindset plays out in every aspect of our lives -
Relationships
Parenting
Health
Money
Business
A great example is relationships -
Individuals with a growth mindset are more likely to have positive and fulfilling relationships, as they are open to feedback, appreciate the efforts of others, and are more resilient in the face of conflicts.
On the other hand, individuals with a fixed mindset may struggle in relationships, as they may be less open to feedback, quick to judge others, and more likely to give up when faced with difficulties.
Favorite Quote from Mindset
True self-confidence is “the courage to be open—to welcome change and new ideas regardless of their source.”
Real self-confidence is not reflected in a title, an expensive suit, a fancy car, or a series of acquisitions.
It is reflected in your mindset: your readiness to grow.
- Carol Dweck
Further Reading
There are many more such insightful gems and ideas in the book.
Do read it, or at least read it’s 15 minute summary on Blinkist.
I’ve been enjoying these summaries a lot lately.
They are especially great when you want to go back to a book you read a while back, or you want to filter your next book to read.
Do check it out -
(*affiliate links)
🔗Diving Deep
Dive deep into this book with the following links -
Developing a Growth Mindset with Carol Dweck | Stanford Alumni | YouTube
The Mindset Shift That Changed My Life | Ali Abdaal | YouTube
10 Best Ideas | MINDSET | Carol Dweck | Book Summary | Clark Kegley | YouTube
Thank you for reading.
Hope this post gave you a few ideas about the importance of growth mindset and how you can inculcate in your own life.
Next week, we’re planning a little surprise gift for you 🤩
So keep an eye out for next week’s email, it is going to be special.
And if you missed it, make sure to read last week’s post -
Also, please tell us how are you finding these notes and summaries.
Help us improve this newsletter
Just hit reply and share what you thought of this issue, or click on an emoji below 👇
🤗 Support The Wisdom Project
This project is a home for timeless ideas that help you become healthy, wealthy and wise.
Our work here helps people make better sense of the complex world around them, take better decisions and live a full life.
Your support gives us the energy to keep this project running and publish a high value post every week. (For 179 weeks in a row now!)
Consider showing your support by buying us a book 📖
That will cost you less than a cup of coffee 🙏
That's our time this week. See you next week 👋
Important note:
If you’ve not been having fun here, please consider unsubscribing.
We don’t mind.
No hard feelings.
We would prefer it if you unsubscribe than not open the newsletter.
But if you do enjoy it.
Please do us a favor, please ask one of your friends to subscribe.
We rely on word of mouth to grow this newsletter.
It would mean a lot to us🙏
Cheers,
Ayush & Aditi
PS: If someone cool shared this with you, then make sure you sign up to stay in the loop :)