Every once in a while, you will come across something that is so impactful that it will stop you in your tracks. Recently, it was a quote from Nelson Mandela “I never lose, I either win or learn.” The quote is simple yet profound. In reality, it represents a different way of approaching life. This quote is the foundation of a growth mindset.
Growth Mindset
The growth mindset is not necessarily natural. We all have fears and are prone to acting for short term gratification. We are also prone to feeling sorry for ourselves and blaming others. The growth mindset on the other hand relates to believing that your success depends on time and effort. Believing that you control your destiny. Believing that you can improve with effort and persistence. This mindset thus leads to embracing challenges, persisting through obstacles, learning from criticism and seeking inspiration in others’ success. Those having this mindset therefore believes that with time and practice, they can achieve.
Change Your Mindset
We typically have a mix of a growth mindset and a fixed mindset (believing that certain qualities are inborn, fixed, and unchangeable). But it is up to us to take control of our lives and realize that we are in control of our actions and the resulting consequences.
It is up to us to learn from new things/experiences and to view errors as learning opportunities and only a stop on the path to achieving our full potential.
Nelson Mandela
We all know Nelson Mandela’s story. It is amazing and down right inspiring on it’s own. However, the words spoken by Nelson Mandela are truly profound. Nelson Mandela, an amazing optimist, a truly amazing man.
To view life in the context of “I never lose, I either win or learn” is the basis for continual growth. This is the growth mindset. Viewing failure as an opportunity to learn internally pushes you to seek new experiences and challenges you to better yourself. When you believe that you can get better by challenging yourself and learning, it is easy to understand the correlation between hard work and success. Therefore, you will put in extra time and effort to gain higher achievement.
Growth Mindset In Life
Having a growth mindset in your life, generally, is a good thing. It is never a bad idea to seek knowledge and continue to learn and grow over time. As this is a financial independence related blog, the following must be addressed. It is important to note that having a growth mindset, more specifically, in your financial life is a great attribute.
The path to a financially secure life takes patience and the requisite need to learn from your experiences as well as others. Like anything else in life, the more you learn, the better you become. The more you learn about your financial situation, an emergency fund, saving, investing and other financial tools, the better you will become at creating a more financially secure life.
Conclusion
Every once in a while, you will come across something that is so impactful that it will stop you in your tracks. Recently, it was a quote from Nelson Mandela “I never lose, I either win or learn.” The quote is simple yet profound. In reality, it represents a different way of approaching life. This quote is the foundation of a growth mindset. Adapt a growth mindset and journey to financial independence.
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