Personal Development, Finance, and Investing For Filipinos
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Your Mindset And Its Impact
There’s no one single reason why we struggle—to break bad habits, achieve our goals, or excel in our desired domain—but more often than not, the biggest challenge is sitting between your two ears.
Yes, your mind is incredibly powerful, and quite frankly, it’s a double-edge sword. The stories you tell yourself, the things you believe about yourself, and the way you talk to yourself can either be the limiting factor holding you back or the key to blossoming.
According to Stanford University researcher Carol Dweck, the difference may come down to your mindset, or more specifically, whether you embrace a “fixed” or a “growth” mindset. Here’s how Dweck describes the difference between these two mindsets and how they impact your performance…
Believe it or not, most of us are guilty of having a fixed mindset at least in certain situations. And that can be incredibly dangerous and destructive because a fixed mindset can prevent skill development and growth, which can be disastrous for health and happiness over time.
If you believe things about yourself like…
It’s pretty evident that those fixed mindsets will lead you to avoid experiences where you might feel like a failure. As a result, you don’t learn as much, you don’t try as hard (in those areas) and it’s harder to get better.
What can you do about this? How can you change the things you believe about yourself, eliminate your fixed mindset and actually achieve your goals?
The formula is simple albeit not necessarily easy. For starters, realize that skill is something you can cultivate, not merely something you’re born with. You can become more creative, intelligent, more athletic, more artistic and more successful by focusing on the process—not the outcome.
Instead of worrying about winning the championship, commit to the process of training like a champion. Instead of worrying about writing a best-selling book, commit to the process of publishing your ideas on a consistent basis.
It’s not about the result; it’s about building the identity of the type of person gets to enjoy those results. Sustainable, long-lasting change starts with building a better identity, not by focusing on results like your performance or your appearance.
Cheering on you! God bless!
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ABOUT THE BLOGGER
Hi, I'm Ralph Gregore Masalihit!
An RFP Graduate (Registered Financial Planner Institute - Philippines).
A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy).
Currently, I'm working my way toward time and financial freedom.