#1 Habit Separating the Poor and Middle Class from the Wealthy
"Rich people constantly learn and grow. Poor people think they already know." - T. Harv Eker
The rich have a mindset that is far from average. Countless books have told us the rich are constantly learning. The successful people are always reading, learning, and creating content rather than consuming. This is not in anyway new information. But why is it so hard to take this useful information, and actually apply it to our lives?
The answer is our mindset. According to Carol Dweck, author of Mindset: The New Psychology of Success, "the view you adopt for yourself profoundly affects the way you lead your life. It can determine whether you become the person you want to be and whether you accomplish the things you value." In her book she explains there are two mindsets, fixed and growth.
In a fixed mindset, you believe that you only have a certain amount of talent, skills, and traits. This leads you to believe you have to constantly prove yourself. Since you only have a certain amount of intelligence, you'd better show people you have enough. This mindset leads you to stop trying, if you are not good at something immediately. What's the point?
The growth mindset, as the name suggests, is based on the belief you can improve. You look forward to learning since it's an opportunity for growth. Instead of looking for validation, you are searching for a way to strengthen your existing abilities. Instead of avoiding difficult situations or creating excuses, the growth mindset believes that, "the hand you're dealt is just the stating point for development," which encourages taking on new and challenging learning situations.
If the problem is how to apply the information we attained from our self-help book, we need to first look at our mindset. The fixed mindset prizes natural ability, which undermines the process of learning. By expecting to already know the information, and be perfect the first time, the fixed mindset creates a situation that doesn't allow us to apply anything new. We need the growth mindset in order to be a student at life. And luckily this is something we can learn.
How to Learn the Growth Mindset:
Learn that it's about the experience. Reward yourself for the process of working, putting forth effort, and continuing forward. Tell yourself something great about the process instead of the outcome. For example, if you played a great game of tennis but lost. Say how awesome it was to push yourself so hard. Think of how hard your opponent must have practiced, and know that you can do that too. Don't focus on the end result. You won't gain anything from saying, "I'm such a loser, I should have won."
Look for things that challenge you. Put yourself into new situations and try new things. Don't worry and stress about what could happen. Focus on what you want to improve. If you sign up for a cooking class, the chef won't expect you to already know how to cook. It's the teacher's job to teach, and you are there to learn. That's the goal.
Record the entire process. Write down your starting point and how you feel. A great place to do this is in The Quarterly Habit Handbook. As you continue documenting your journey, you'll start to see growth. The habit will grow, and you can look back on your struggle and see how your mindset has evolved over time.
While learning the growth mindset, remember that trying and failing is part of the process. It is in no way the end result, nor does it define you. The process of learning requires stumbling and correcting, sometimes in the form of constructive criticism. While this may be difficult to swallow, remind yourself that you can choose to take the criticism and grow. And know that a student at life, is always learning to live their lives driven by their curiosity.
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