mindset training for entrepreneurs by coach ted
TRANSCRIPT
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Mindset TrainingWhat is the reason WHY you want to start a business or
become an Entrepreneur?
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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.
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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.
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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
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3 Stages towards Entrepreneurial
journey
> Personal Leadership
> Building your Network
> Mentorship
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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
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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.
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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.
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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.
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Which Mindset do you currently have?
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FIXED vs. GROWTH MINDSET
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Why do we need a right mindset?
Success Formula:
Because it’s part of the equation...
MINDSET PASSION VISUALIZATION BELIEF ACTION
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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.
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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)
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Conscious and Subconscious Mind
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Conscious vs. Subconscious Part II
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Effective way to train your Subconscious
“It’s a dream until you write it down and then it’s a goal”
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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.
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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.
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Types of Goal-Setting
● Personal Goals
● Financial Goals
● Family & Relationship Goals
● Health Goals
● Business and Career Goals