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, 10:52, February 16, 2024
According to Central Western University: " A growth mindset is how much you believe your basic qualities, like intelligence and talent, can be changed or developed. A fixed mindset is how much you believe your basic qualities are fixed or permanent."<ref>[https://www.cwu.edu/academics/academic-resources/learning-commons/_documents/cwu-growth-vs-fixed-mindset-lc.pdf Growth mindset vs. a fixed mindset]</ref>
Harvard Business School contrast a growth mindset vs. a fixed mindset thusly:
{{Cquote|[According to Dweck], challenging situations can be catastrophic for those with fixed mindsets because of the implication that if they don’t already have the skills or intelligence to complete a task, there’s no chance of improvement.
When you have a growth mindset, you believe you can gain the knowledge and skills necessary to succeed, which makes every challenge a learning opportunity. Given the numerous challenges entrepreneurs face, a growth mindset can be a powerful tool as you work toward your venture’s success.<ref>[https://online.hbs.edu/blog/post/growth-mindset-vs-fixed-mindset GROWTH MINDSET VS. FIXED MINDSET: WHAT'S THE DIFFERENCE?], Harvard Business School</ref>}}
The Harvard Business School points out that a growth mindset helps entrepreneurs enter new fields easier and it develops [[Psychological resilience|resilience]] because "When challenges, setbacks, and failures inevitably arise, your business’s survival depends on your ability to persevere and learn from difficult situations."<ref>[https://online.hbs.edu/blog/post/growth-mindset-vs-fixed-mindset GROWTH MINDSET VS. FIXED MINDSET: WHAT'S THE DIFFERENCE?], Harvard Business School</ref>
=== Behaviors, beliefs, thoughts and accrued benefits of those with a growth mindset ===
Those who adopt a growth mindset are more likely to:<ref>[https://www.mindsethealth.com/matter/growth-vs-fixed-mindset Growth Mindset vs Fixed Mindset: How what you think affects what you achieve]</ref><ref>[https://blog.hubspot.com/the-hustle/growth-vs-fixed-mindset Growth vs. Fixed Mindset: Nine Benefits and How To Develop One]</ref>
- Practice lifelong learning and are therefore more likely to have higher confidence, higher self-esteem, a higher sense of accomplishment and improved memory and cognitive function.<ref>[https://www.forbes.com/sites/forbesbusinesscouncil/2023/04/21/the-power-of-lifelong-learning-how-curiosity-forges-mastery/?sh=acd772d6ce3c The Power Of Lifelong Learning: How Curiosity Forges Mastery], Forbes</ref>
[[Image:Edison and phonograph.jpg|thumb|280px|right|[[Thomas Edison]] and his phonograph]]
- Believe intelligence is not static and is subject to improvement
- Have more [[Grit (personality trait)|grit]] and therefore expend more effort in order to learn
- Put in the effort that leads to mastery of a topic or skill
- Embrace a trial and error method of learning and therefore view errors a merely temporary setbacks
- See errors as useful feedback that is a source of information ([[Thomas Edison]] learned many ways how not to create a lightbulb on his way to creating a lightbulb)
- Eagerly embraces challenges
- Have higher [[self-esteem]] and [[confidence]] and lower rates of [[depression]]
- Have higher [[self-awareness]] which comes from going beyond one's [[comfort zone]] and changing one's life situation. See: [[Change management]]
- Sees others' success and accomplishments as a source of inspiration rather than something to be [[envy|envious]] about
- Views feedback from others as an opportunity to learn rather than something to be angry about or as something catastrophic
- Have a more positive/constructive [[attitude]]
- Better able to attract people who are achievers or that have different viewpoints that can challenge them. See: [[Social influence]]
- Have more [[mental toughness]] and [[psychological resilience]]
- In fields or businesses that are new areas or where formal education is not available, individuals have more acumen.
- Managers or business owners who have a growth mindset are able to add this to the organizational culture
=== Behaviors, beliefs, thoughts and accrued costs of those with a fixed mindset ===
[[File:Green with envy.jpg|thumbnail|right|300px|Individuals with a fixed mindset rather than a growth mindset are more likely to be envious of the success and accomplishments of others.<ref>[https://www.mindsethealth.com/matter/growth-vs-fixed-mindset Growth Mindset vs Fixed Mindset: How what you think affects what you achieve]</ref>]]
Those with a fixed mindset:<ref>[https://www.mindsethealth.com/matter/growth-vs-fixed-mindset Growth Mindset vs Fixed Mindset: How what you think affects what you achieve]</ref><ref>[https://phase.undock.com/5-dangers-of-having-a-fixed-mindset/ 5 dangers of having a fixed mindset]</ref>
- Believes intelligence and talent are unchangeable.
- Less likely to engage in lifelong learning
- Avoid challenges in order to try to avoid failure. But success often comes to those who are like hockey players who have many shots on goal.
- Disregards useful feedback from others
- Has a greater propensity to be envious and resentful by the success of others
- Hides flaws rather than consulting with others so as not to be judged by others
- Believes putting in effort is pointless so therefore worthless
- Views feedback as personal criticism
- Lacks persistence and gives up far too easily. In dire or adverse situations, this can be dangerous.
- Less likely to take profitable and important calculated risk and have less of a sense of adventure. See: [[Risk]] and [[Risk management]]
- Have lower confidence and lower self-esteem.
- Lower self-awareness
- Are more likely to have a negative [[attitude]]
- Individuals with a fixed mindset rather than a growth mindset are more likely to be envious of the success and accomplishments of others.<ref>[https://www.mindsethealth.com/matter/growth-vs-fixed-mindset Growth Mindset vs Fixed Mindset: How what you think affects what you achieve]</ref>
=== Graphical comparisons of a growth mindset vs. a fixed mindset ===
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[[File:Two mindsets.png|thumbnail|3000px|center|A fixed mindset vs. a growth mindset compared]]
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[[File:Fixed mindset vs. growth mindset.png|thumbnail|600px|center|Fixed mindset vs. a growth mindset compared (The Richard J. Murphy K-8 School in Boston)]]
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