Today’s episode of the One to a Million show is a bit different. It is a powerful practical example of applying a Winning Mindset. It’s a case study in the action of the ups and downs so familiar to every business owner.
- Young entrepreneurs
- Applying lessons learnt
- Goals and obstacles
- Winning Mindset – Recap
This series is all about the early stages of entrepreneurship. It’s designed to help young entrepreneurs-in-waiting to learn all the skills they need to be ready to launch their first business and make their first million.
But in business, as in life, things don’t always go according to plan. And what we learn in one sphere of life we can often apply elsewhere. Many business owners take lessons learnt from business and apply them, for example, to support charitable causes. Or a professional athlete may take lessons from the track and apply them to business.
Applying lessons learnt
In a shift from the previous round table discussions, one member of the team presents this episode solo. He takes this opportunity to talk about what he has already gained from the project and draws parallels between his business education and his mainstream academic education.
Finn shares with us his views on setting and reaching goals. He talks about what he’s learning in terms of how to set smarter goals, and how that is helping him with his schoolwork. He is also realising that he needs to take responsibility for, and control of, his own progress. That just setting a vague goal and hoping to somehow reach it, isn’t enough. He has become very clear about the power of goals to help guide you on your path, but more importantly, the importance of making sure your goals are well-framed.
One of the themes that Finn talks about in this episode is the power of developing routines. In recent months he has had to revise for exams. Now he is able to reflect on that period of time, and understand what he did well, and where he could have done better. And developing the right kind of productive routine is one aspect that he believes can help, whether it’s revising for exams, building a business, or improving athletic ability.
Goals and obstacles
Finn talks about his realisations of what it means for a goal to be both achievable and realistic and eloquently explains the difference between the two. As he starts to think more in-depth about what he needs to do in order to achieve his goals, he is able to re-evaluate them and make a more informed decision about whether or not they are still right for him.
He has faced the reality that there is no single, smooth path from start to finish. There are challenges and obstacles that need to be dealt with. While these could present a perfect reason to give up, or completely change direction, they can also be an opportunity to recommit, to be even more determined to succeed and to learn practical lessons about perseverance.
One of the themes that have surfaced for Finn from the project so far has been around communication. He has begun to understand how powerful good communication can be, and how damaging poor communication is.
Whether at school, in business, within your family, or in life in general, clear, unambiguous, communication—using the right kind of language that will land with your audience—is key to building strong relationships that help you to achieve success.
Winning mindset: To Recap
Despite the original plan for this episode not working out as expected, Finn has stepped up and produced a solo instalment that has given him a great opportunity. He took the chance to reflect and put into words some of his own thoughts and ideas. He has shared with us some important lessons that he has learnt and showed how he has applied them. He may not have started his business yet, but he has started his business journey.
Michael CraneEntrepreneur, Business Owner, Presenter
For the last twenty years, Michael has built and run a successful business. He’s learned many lessons—some of them the hard way—and he’s met and talked with many other businesspeople. He’s sold thousands of products and learnt the one hundred and one things needed to run a thriving business. Now he’s bringing this knowledge and experience to educate, motivate and inspire other entrepreneurs.