The startup mindset is a powerful thing. Being at the helm of a business is exhilarating—there are ups and downs but the uncertainty of it all can be quite exciting. For people with a startup mindset they find the unknown to be an exciting challenge. Often the conversation around the startup mindset is focused on how it pertains to entrepreneurs, however, this mindset can be applied to students, individuals starting a new job or those looking for a new perspective in their daily lives.
Key Elements of a Startup Mindset
Problem Solving Skills
Does uncertainty motivate you? Do you like to find creative solutions to a problem? Entrepreneurs look at uncertainty as though they have control of their future. They understand the problem they are facing and take control of solving it on their terms. Often this trait can come across as unshakable confidence. Solving a tough problem to them means they are in control of their future.
Children and students are great at asking ‘why?’, but as adults our constant curiosity can slowly diminish. The fear of the unknown can cause us to look for certainty in all situations. With a startup mindset our curiosity is reinvigorated. This mindset allows us to constantly ask questions and ultimately shake up entire industries by developing revolutionary ideas and businesses.
Upend the Status Quo
“That is just the way things are done” does not work with a startup mindset. Established wisdom does not mean that is how it must be done going forward. “Disruptive success comes from thinking in a different way than others have done, not just from following in their footsteps.” (Brainscape)
Starting a business is a risk—it is both a financial and time commitment risk. People with a startup mindset look at risk as an opportunity to create something bigger than themselves. No business is guaranteed success, and in many cases, failure is more likely. However, the challenge of launching and scaling a business is a risk worth taking for those with the right mindset.
Learn from Mistakes
Mistakes are part of being human, it is how we learn from them that sets us apart. Roadblocks during product development, manufacturing and product launches are all normal. How we decide to tackle these roadblocks is what matters. As we have all heard time and again, often we can learn more from failure than we can from success.
These are five elements of a startup mindset that you can take with you into any school, career or startup. The flexible, fast-moving and curiosity-driven mindset of the startup world can transform your approach to every aspect of your daily life.
- The Startup Mindset (Brainscape)
- The “Startup Mindset” Advantage (Forbes)
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