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6 Ways to Get Yourself in the Entrepreneurial Mindset

6 Ways to Get Yourself in the Entrepreneurial Mindset

Contrary to popular belief, being an entrepreneur is not just about having that one big idea. It’s about understanding the complex relationships between established social structures and finding ways to influence them. If you are a new business owner, you need to be able to think like an entrepreneur in order to take advantage of all the opportunities that you will come across. Here, we’ve identified 6 activities that will become a critical part of your life as a member of the business elite.

1. Define Your Vision

Your vision is defined not by what you want to do, but what you want to accomplish. How are you going to impact the lives of your customers? Instead of telling yourself “I want to build the next Facebook,” try saying “I want to change the way we access information.” Notice how broad and simple it seems? Just as there are many ways to travel from one destination to the other, there will be many ways for you to work towards your vision. By having this in place, running into roadblocks won’t mean failure. It will simply be an opportunity for you to change direction and identify new ways for you to work towards your goal.

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2. Be Dynamic

From the day you establish your company to the day you retire, the business environment will be constantly changing. It is vital that you assess your clients, your competitors, and your industry on a daily basis. Are you still positioned to best meet the needs of your clients? Are there opportunities you haven’t acted on? Being able to adapt to rapidly changing priorities will keep you competitive within your industry, even when things shift. Just as you wanted to change the industry when you began to take an entrepreneurial initiative, there will be others who are looking to shake things up. Constantly assessing your competitive environment and adapting your strategy appropriately will help get you to the top and keep you there.

3. Build Relationships

Ever notice how entrepreneurs always seem to be in the know? They always seem have an insider connection with people from this company or that startup. This isn’t because there is some sort of secret entrepreneurial club you weren’t invited to, it’s because business owners are excellent at leveraging relationships.

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Building a network of likeminded people who understand both what you offer and what you need is an important resource. These are people who are able to identify and act on opportunities. People who want to make things better. People who are able to understand the way that things work. Spending the time to interact with them is an excellent opportunity to pick their brains and get yourself comfortable with the way that they think. Sometimes, all you need to do is discuss an idea with somebody who understands where you are coming from and you’ll think of a new way to approach it.

4. Establish Self-Direction

You already have the destination in mind, now it’s time to select the path. Whenever you get an opportunity to work on building your business, think back to your vision. Ask yourself what you can accomplish today that will act as a tangible step toward your goal. As an entrepreneur, it is your job to decide what to do and when to do it. Being able to make the best use of your time and finding the proper motivation to do so is an essential skill that will directly impact your success.

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5. Find Problems

When business is steady and profit margins are improving, it can be easy to get complacent. Remember that as long as you are in the driver’s seat, you should never allow yourself to go on auto-pilot. The times where everything is running smoothly are the best opportunities to dig deeper and find flaws in your business model. Problems shouldn’t be viewed as nuisances; they should be viewed as opportunities to build something better. Don’t give your competitors the chance to knock you off the top rung. While they are scrambling to play catch-up, use the time you have been gifted as a resource to optimize your business.

6. Take Risks

While the thought of implementing a tried and true business model can be comforting, these will never offer you the growth opportunity to become one of the business elite. If you are aware of the unique skills you possess, put those skills to use and take chances. Go out into uncharted territory and see what you can discover. The riskiest business ventures reap the largest rewards. While failure is an option, failing at something nobody has ever tried before can teach you things that your competitors don’t know. Failure shouldn’t be viewed as an obstacle to be avoided. It should be viewed as a segue to developing exclusive knowledge of your industry. It’s that very knowledge that will give you the competitive edge you need to succeed.

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Featured photo credit: Brian Solis via flickr.com

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Josh MacDonald

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Last Updated on March 31, 2020

How to Use Visual Learning to Work More Effectively

How to Use Visual Learning to Work More Effectively

Knowledge is essential to become successful in life, your career and your business. Without learning new concepts and becoming proficient in our craft, we cannot excel in our chosen careers or archive knowledge to pass down to the next generation.

But content comes in various forms, and because how we learn influences how much we know, we need to talk about learning styles. This article will focus on how to utilize visual learning to boost your career or business.

The Importance of Knowing Your Learning Style

Knowing your learning style enables you to process new information to the best of your ability. Not only does it reduce your learning curve, you’re able to communicate these same concepts to others effectively.

But it all starts when you’re able to first identify the best way you learn.

As a college student, I soon figured out that taking online courses without visual aids or having an instructor in front of me led to poor retention of concepts.

Sure, I got good grades and performed excellently in my online exams. However. I discovered that I couldn’t maintain this performance level because I forgot 80 percent of the course content by the end of the semester.

There are several types of learning styles known to mankind. To give an idea of how visual learning stacks up against other learning styles, here’s a brief mention of some of the different types of learning styles we have.

The four most popular types of learning styles are:

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  • Visual learning style (what this article talks about).
  • Aural or auditory learning style (learning by listening to information presented).
  • Verbal or linguistic learning style (learning that involves speech and writing).
  • Tactile learning style (learning by touching and doing)

But for the purposes of this article, we will be focusing on using visual learning to boost your career or business.

How to Know If You’re a Visual Learner?

When it comes to boosting your career, business (or education), a visual learner is one who would most definitely choose shapes, images, symbols, or reading over auditory messages.

I’m talking about preferring to read an actual map when navigating to a new place over listening to verbal directions. I’m talking about discovering that you actually have trouble remembering what your manager said at the meeting because there were no graphs or illustrations to support the points raised.

Most people who struggle with learning probably aren’t leveraging their best learning styles. The earlier you identify how your learning style can boost your success, the less struggle you will encounter with processing new information throughout your career.

However, visual learning in particular CAN 10x your career or business whether it is your preferred learning style or not. And here’s why:

Several studies have arrived at the conclusion that the brain retains more information with the help of visual aids. In other words, images are directly processed by our long-term memory which helps us store information for longer periods of time.[1]

While some lessons can be performed orally, several concepts can only make sense if you have an image with an explanation of sequences (i.e learning about the human DNA).

Visual learning does use a different part of the brain and visual cues are processed by the part of the brain known as the occipital lobe.

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By engaging more parts of the brain during learning, you’re able to have a fuller understanding of concepts and facilitate better interaction with your immediate environment.

How to Use Visual Learning for Success

Here’re 4 ways to use visual learning to boost your career or business:

1. Bring back the to-do list. Then add shapes and colors to boost productivity.

We live in an age where computers have taken over virtually every aspect of productivity and most human functions. But written lists are making a comeback, and with an endless number of important tasks to complete, having a to-do list of tasks in order of importance can improve your productivity.

While coming up with a list is initially challenging, adding colors and shapes to written lists that you personally write and manage gives you an extra layer of assurance and boosts aids recall so that you actually get stuff done.

I have tried this technique in my work as a registered nurse and discovered that adding shapes and colors to to-do lists helps me delegate tasks, recognize where more work is needed, and makes it easy to cross off completed tasks at the end of the day.

2. Add graphs, charts and symbols to your reports.

Yes, it seems like more work cut out for you. However, graphs enable you monitor the heartbeat of your business.

Graphs and charts help you trend your finances, budget, and pretty much any data overtime. With the help of free and premium software available on the market, it has become easier to take plain data and in a matter of seconds, have relevant information displayed in different shapes and images.

As an entrepreneur, you can make predictions and allocate funds wisely when you’re able to see whether your efforts are rewarded. You can use colors and charts to delegate actions to members of your team and track performance at the same time.

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And when broken down into monthly, quarterly, bi-annual or annual goals, graphs and charts communicate what ordinary text cannot.

3. Effectively brainstorm with mind-mapping.

Mind-mapping is not new but I don’t think it’s been talked about as often as we do to-do lists.

With mind mapping, you’re organizing information accurately and drawing relationships between concepts and pieces from a whole.

Think of a mind map as a tree with several branches. For example, the tree can symbolize healthcare while each branch stands for nursing, medicine, laboratory science, and so on. When you look at nursing, you can further branch out into types of nursing; pediatric, women’s health, critical care, and so on.

It’s an interesting relationship; the more ideas you’re able to come up with for your chosen subject, the deeper you get and the stronger the association.

Mind maps really show you relationships between subjects and topics, and simplifies processes that might seem complicated at first glance. In a way, it is like a graphical representation of facts presented in a simple, visual format.

Mind mapping isn’t only limited to career professionals; business owners can benefit from mind mapping by organizing their online learning activities and breaking down complex tasks into simple actions so that you can accurately measure productivity.

4. Add video streaming to meetings.

What if you could double the productivity of your team members by video streaming your meetings or adding flash animation to your presentation at the same time?

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When you offer video as an alternative method of processing information to colleagues, there is a greater chance of retaining information because we recreate these stories into images in our minds.

For organizations that hold virtual meetings, it can also be an effective way to enhance performance during if people can see their colleagues in addition to flash animation or whatever form of video is provided during the meeting.

Is Visual Learning Better Than Other Learning Styles?

No, that is not the point. The goal here is to supplement your existing dominant learning style with visual learning so that you can experience a significant boost in how you process and use everyday information.

You might discover that understanding scientific concepts are much easier after incorporating visual learning or that you’re able to understand your organization’s value when projected on a visual screen with charts and graphs.

The overall goal is to always be learning and to continue to leverage visual learning style in your career and business.

More About Learning Styles

Featured photo credit: Unsplash via unsplash.com

Reference

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