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Entrepreneurial Success Starts With Training Your Brain

Entrepreneurial Success Starts With Training Your Brain

Have you ever read about the characteristics of a successful entrepreneur and wondered if you really have it in you to be one? On a bad day, many of us fall prey to self-doubt. The good news is that even if we fall short of certain qualities, it’s not the end of the world! Science tells us that we have the ability to turn ourselves into the people we want to be thanks to the wonderful phenomenon called neuroplasticity!

In fact, our brains can be thought of as malleable plastic — they are constantly being changed by our day-to-day experiences. In scientific terms, neuroplasticity refers to the “rewiring” of the neurons that process and transmit information in the brain, and the alterations that occur at synapses (the gaps between neurons that allow for information to be transmitted between them).

When it comes to neuroplasticity, one of the key things to keep in mind is that neural pathways (paths that connect different areas of the brain and nervous system) can not only be created at will, but can also be eliminated. Every time we learn something new or have a novel idea, a new pathway is created. The more we use this pathway (through practice and repetition), the firmer and more ingrained it becomes; likewise, the less we use it, the weaker it becomes, until it is eventually forgotten.

Neuroplasticity is important because it shows:

1. It’s hard to change a mindset and its accompanying habits, but it’s possible: think of your brain as host to countless nerve battles. Studies have shown that it is actually more difficult to unlearn a bad habit than it is to learn a new one — this is called competitive plasticity. The more we repeat a bad habit, the more control it has over a brain map; so naturally, old bad habits have a competitive edge over our new ones; the important thing is to keep going — your new habits will eventually win the battles!

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2. You always have the power to change yourself: No matter how old you are, deliberate practice, as well as rest and maintenance, can result in successful neuroplasticity. So if you think you can’t change the way you think, you are the only one standing in your way.

Do successful entrepreneurs think differently?

So our brains can be trained, but is there one specific entrepreneurial mindset that we need to aim for in order to become successful? While there isn’t one specific key to success, studies have shown that successful entrepreneurs do tend to have some cognitive processes in common.

1. An ambidextrous mind

An ambidextrous mind is one that is able to strategically go back and forth between two problem-solving strategies:

1. exploration (this is a creative approach in which your mind explores innovative new solutions/alternatives to problems)

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2. exploitation (this is a more logical approach in which your mind uses existing information in the most efficient way possible).

Research conducted by a team of MIT researchers suggests that being a successful entrepreneur doesn’t simply mean having the ability to switch between strategies, but also knowing the most optimal time to do so — it’s all in the timing!

2. The ability to embrace change and challenges

The brain scans of 30 entrepreneurs were compared to those of 30 non-entrepreneurs while they carried out various activities. It was evident in the study that when it came to rapid problem-solving, timely risk assessment, embracing challenges and seizing opportunities, successful entrepreneurs could be counted on to come first in a series of tasks.

Both of the above two points rely heavily on a person’s mindset. Want to have the mindset of a successful entrepreneur? You’ve got to work for it!

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Become the architect of your brain

In order to build up our physical muscles, we train them through a variety of physical exercises — we shouldn’t treat the brain any differently! Training the brain with mental exercises will help your neurons to develop stronger connections, and will prepare your brain to accept new connections a lot easier. Below are three ways that you can get started on training your brain for success.

1. Brain training games

There are hundreds of different games available that allow you to work on important brain functions such as memory; you can improve your intelligence while actually having fun! Lumosity is one such tool that encompasses a variety of games and activities for different aims and objectives; Brain Metrix is another.

2. Awareness

You have around 60 000 thoughts bombarding your mind every day, and you need to be aware of the ones that limit you. You need to be aware of your thoughts, (which collectively means your mindset) and catch the ones that are not aligned with your goals and then, replace it with one that is. YES, you will need to do this over and over again, but eventually, the new will become the old.

3. Mindset reinforcing tools

Consistently reinforcing your desired behavior and beliefs is crucial if they’re ever to become second nature to you. Repeating the thoughts you want to have and using tools that allow for subliminal messages of your choice to appear on your computer screen, for example, will allow you to work on making the necessary changes to your subconscious mind (the power of which should not be underestimated).

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4. Rest and sleep

In his studies of neuroplasticity, Norman Doidge observed the “Monday effect.” He noticed that the plasticity mechanisms being used by the participants on Mondays versus Fridays were markedly different. While the changes on Friday had more to do with strengthening neuron pathways, the changes on Monday had more do with the formation of new ones that took longer to form, but were more permanent.

Put simply, having a well-rested brain won’t necessarily help you learn things quicker, but it will help you make more permanent changes! Getting enough sleep, meditating and not being too hard on yourself can make a huge difference.

When it comes to neuroplasticity, learning how to keep going is key. Find the right techniques for you, keep at them and you’re eventually going to see results — science is on your side!

Featured photo credit: http://getrefe.tumblr.com/ via 66.media.tumblr.com

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Kirstin O´Donovan

Certified Life and Productivity Coach, Founder and CEO of TopResultsCoaching

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Last Updated on March 15, 2019

How to Be a Leader Who Is Inspiring and Influential

How to Be a Leader Who Is Inspiring and Influential

When I began managing people 15 years ago, I thought having a fancy title was synonymous with influence. Over time, I learned that power is conferred based on likeability, authenticity, courage, relationships and consistent behavior. When leaders cultivate these attributes, they earn power, which really means influence.

Understanding influence is essential to professional growth, and companies rise and fall based on the quality of their leadership.

In this article, we will look into the essentials of effective leadership and how to be a leader who is inspiring and influential.

What Makes a Leader Fail?

A host of factors influence a leader’s ability to succeed. To the extent that leaders fail to outline a compelling vision and strategy, they risk losing the trust and confidence of their teams. Employees want to know where a company is going and the strategy for how they will get there. Having this information enables employees to feel safe, and it allows them to see mistakes as part of the learning journey versus as fatal occurrences.

If employees and customers do not believe a company’s leadership is authentic and inspiring, they may disengage, or they may be less inclined to offer constructive criticism that can help a company innovate or help a leader improve.

And it is not just the leadership at the top that matters. Middle managers play a distinct role in guiding teams. Depending on the company’s size, employees may have more access to mid-level managers than they do members of the C-suite, meaning their supervisors and managers have greater influence on the employee and the customer experience.

What Is Effective Leadership?

Effective leadership is inspiring, and it is influential. Cultivating inspiring and influential leaders requires building relationships across the company.

Leaders must be connected to both the teams they lead as well as to their own colleagues and managers. This is key as titles do not make a person a leader, nor do they automatically confer influence. These are earned through trusting relationships. This explains why some leaders can get more out of their teams than others and why some leaders experience soaring profits and engagement while others sizzle out.

Eric Garton said in an April 25, 2017, Harvard Business Review article:[1]

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“… inspiring leaders are those who use their unique combination of strengths to motivate individuals and teams to take on bold missions – and hold them accountable for results. And they unlock higher performance through empowerment, not command and control.”

How to Be an Inspiring and Influential Leader

To be an inspiring and influential leader requires:

1. Courage

The late poet Maya Angelou once said,

“Courage is the most important of all the virtues, because without courage you can’t practice any other virtue consistently. You can practice any virtue erratically, but nothing consistently without courage.”

Courage is required in the workplace when implementing new strategies, especially when they go against professional norms.

For instance, I heard Lisa TerKeurst, bestselling author and founder of Proverbs 31 Ministries, explain her decision to move away from her company’s magazine. While the organization had long had a magazine, she saw a future where it didn’t exist.

In order to make the switch, she risked angering her team members and customers. She took a chance, and what started out as a monthly newsletter, has grown into a multi-dimensional organization boasting half a million followers. Had Lisa not found the courage to change the direction of her organization, they undoubtedly would not have been able to experience such exponential growth.

It also takes courage to give and receive feedback. When leaders see employees who are not living into the company’s mission or who are engaging in behavior that may undermine their long-term success, one must risk temporary angst and speak candidly with the colleague in question.

Similarly, it takes courage to hear constructive criticism and try to change. In business, as in life, courage is necessary for being an inspiring and influential leader.

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2. A Commitment to Face Your Internal Demons.

If you feel great about yourself, enter a leadership position. You are likely to be triggered in ways you didn’t think possible. You are also likely to receive feedback that may leave you second-guessing yourself and your leadership skills.

The truth about leading others is that you get to a point where you realize that it is difficult to take people to places where you yourself haven’t gone.

To be an influential and inspiring leader, you have to face your own demons and vow to continually improve. Influential leaders take their personal evolution serious, and they invest in coaching, therapy and mindfulness to ensure that their personal struggles do not overshadow their professional development.

3. A Willingness to Accept Feedback

Inspiring and influential leaders are not afraid to accept feedback. In fact, they actively solicit it. They understand that everyone in their life has a lesson to teach them, and they are willing to accept it.

Inspirational leaders understand that feedback is neither good nor bad but rather an offering that is critical to growth. Even when it hurts or is an affront to the ego, influential leaders understand that feedback is critical to their ability to lead.

4. Likability

Some people will argue that leaders need not worry about being liked but should instead focus on being respected. I disagree. Both are important.

When team members like their boss and believe their boss likes them, they are more likely to go the extra mile to fulfill departmental or organizational goals. Likable leaders are moved to the front of the line when it comes to being influential.

Relatedly, when colleagues feel management dislikes them, they experience internal stress and can spend unnecessary time focusing on the source of their manager’s discontent versus the work they have been hired to do.

So, likability is important for both the leader and the people she leads.

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5. Vulnerability

Vulnerability is critical for being an inspiring leader. People want the truth. They admire leaders who can occasionally demonstrate vulnerability. It promotes deeper relationships and inspires trust.

When leaders can showcase vulnerability appropriately, they destroy the illusion that one must be perfect to be a leader. They also demonstrate that vulnerability is not a dirty word; they too can be vulnerable and ask for a helping hand when necessary.

6. Authenticity

Authenticity is about living up to one’s stated values in public and behind closed doors.

Influential leaders are authentic. They set to live out their values and use those values to guide their decisions. The interesting thing about leadership is that people are not looking for perfect leaders. They are, in part, looking for leaders who are authentic.

7. A True Understanding of Inspiration

Effective leaders are inspirational. They understand the power of words and deeds and use both strategically.

Inspiring leaders appropriately use stories and narratives to enable the teams around them to see common situations in an entirely new light.

Inspirational leaders also showcase grit and triumph while convincing the people around them that success and victory are attainable.

Finally, inspiring leaders encourage the teams they lead to tap into their own genius. They convince others that genius is not reserved for a select few but that most people have it in them.

As explained in the article True Leadership: What Separates a Leader from a Boss:

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“A leader creates visions and motivates team members to work together towards the same goal.”

8. An Ability to See the Humanity in Others

Inspiring and influential leaders see the humanity in others. Rather than treating their teams as mere tools to accomplish organizational goals, they believe the people around them are unique beings with inherent value.

This means knowing when to pause to address personal challenges and dispelling with the myth that the personal is separate from the professional.

9. A Passion for Continual Learning

Inspiring and influential leaders are committed to continual learning. They invest in their own development and take responsibility for their professional growth.

These leaders understand that like a college campus, the workplace is a laboratory for learning. They believe that they can learn from multiple generations in the workplace as well as from people from diverse racial and ethnic backgrounds.

Influential leaders proactively seek out opportunities for learning.

The Bottom Line

No one said leadership was easy, but it is also a joy. Influencing others to action and positively impacting the lives of others is a reward unto itself.

Since leadership abounds, there is an abundance of resources to help you grow into the type of leader who inspires and influences others.

More Resources About Effective Leadership

Featured photo credit: Markus Spiske via unsplash.com

Reference

[1] Harvard Business Review: How to Be an Inspiring Leader

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