2.6 Activity: Submit your Growth Mindset Plan
My Growth Mindset Plan
One of the biggest challenges I'm facing in my business is managing cash flow during seasonal slowdowns. In the past, I've tended to react with stress and sometimes panic, cutting costs reactively without a real strategy.
Using the growth mindset strategies from this course, I plan to:
- Reframe slow periods as opportunities to improve operations and build customer relationships
- View financial challenges as learning experiences rather than failures
- Seek feedback from other business owners who have navigated similar situations
- Break down the challenge into smaller, manageable goals
My specific action items include setting up a monthly review process, building a 3-month cash reserve over the next year, and joining a local business owner mastermind group for ongoing support and accountability.
growth-mindset-plan.pdf
245 KB
Discussion
This is an excellent growth mindset plan! I really appreciate how you've identified specific strategies and connected them directly to your business challenge. Your action items are concrete and measurable, which will help you track progress.
One suggestion: consider adding a timeline to your action items. When do you want to have your monthly review process in place? This can help maintain momentum.
Thank you for the feedback, Mya! Great point about the timeline. I'll aim to have the monthly review process set up by the end of this month, and I've already reached out to a few business owners about the mastermind group.
That's great to hear! Keep us posted on how the mastermind group works out. Feel free to share any insights or challenges as you implement your plan.