mindset training for entrepreneurs by coach ted
TRANSCRIPT
Mindset TrainingWhat is the reason WHY you want to start a business or
become an Entrepreneur?
Common Reasons:
I want to make a lot of MONEY.
I want to drive a luxury CAR.
I want to get out of DEBT.
I want to QUIT MY JOB.
I want to buy a nice HOUSE.
I want to FIRE MY BOSS.
These reasons are great and it represents
success but...
It shouldn't be your primary motivator to start
a business because these reasons are just the
results of your ACTION.
Your “WHY” in starting a business or becoming an
Entrepreneur
● Time Freedom
● Self-Improvement and Personal Growth
● Be Proud of your work
● Building your own assets
● Leaving a Positive Impact/ To make a
difference
3 Stages towards Entrepreneurial
journey
> Personal Leadership
> Building your Network
> Mentorship
Personal Leadership
● Leading YOU
● Things you do everyday should be in alignment of your
reason why you want to start a business or an
Entrepreneur.
● You are accountable of your own habits.
● Feed your mind with Positive thoughts daily.
“Before you are a leader, success is all about growing yourself. When you
become a leader, success is all about growing others.” - Jack Welch
Building your Network
● In any business, it’s about your relationship
whether it’s your client or not.
● it’s about building a relationship and
community.
● It’s one of your greatest assets.
Mentorship
● Ask for Help and it’s part of growing.
● It will keep you focus and eliminate time-
wasting activities.
● It will keep you inspired and not feeling lost
or overwhelmed.
What is MINDSET?
● These are established set of attitudes held
by someone.
● these are beliefs - beliefs about yourself
and your most basic qualities. Think about
your intelligence, your talents and your
personality.
Which Mindset do you currently have?
FIXED vs. GROWTH MINDSET
Why do we need a right mindset?
Success Formula:
Because it’s part of the equation...
MINDSET PASSION VISUALIZATION BELIEF ACTION
How did we develop our current mindset?
● People differ in beliefs, experiences and learning
environment.
● These beliefs and experiences are thoughts that were
handed down to us by our parents or previous
generation, friends and environment.
● And these thoughts become who we are today.
● Unfortunately, these are not all positive thoughts and
mostly affects our way we view success in life.
How to train your mind for success?
● the real power is in your subconscious mind
● be always mindful of your thoughts like
negative self-talk.
● have a clear and definitive goal. Know what
you want.
● be consistent and focus on your goal.
● instead of I can’t be a millionaire...yet. Put
“yet” if you find yourself having negative
thoughts (Self-Sabotage)
Conscious and Subconscious Mind
Conscious vs. Subconscious Part II
Effective way to train your Subconscious
“It’s a dream until you write it down and then it’s a goal”
What is Goal-Setting?
● involves establishing specific, measurable,
achievable, realistic and time-targeted
(S.M.A.R.T) goals
● it turns the invisible into visible.
Importance of Goal-setting
● it propels you forward.
● helps believe in ourselves.
● holds you accountable for failure.
● tells you what you really want.
● helps you to live the life to the fullest.
● it keeps you focused.
● allows you to measure your progress.
Types of Goal-Setting
● Personal Goals
● Financial Goals
● Family & Relationship Goals
● Health Goals
● Business and Career Goals