#15 DISTINCTIONS BETWEEN A J.O.B (JUST ON BROKE) MINDSET AND AN ENTREPRENEURIAL MINDSET
In this podcast episode, Beau Drury and Kirsty Waddingham engage in a dynamic
discussion centered around the distinctions between a job mindset and an
entrepreneurial mindset. Drew outlines action items, including the creation of
a resource guide with practical examples to help individuals transition between
mindsets, as well as the compilation of client transformation stories into a
case study document to attract potential clients. Kirsty emphasizes the need
for a video series that addresses common business challenges, drawing from a
recent incident involving their YouTube channel, alongside the development of a
workshop aimed at helping entrepreneurs overcome mindset blocks. The
conversation highlights actionable strategies and resources designed to empower
aspiring entrepreneurs in their journey.
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In this episode of Spill the Tea, we share:
00:01:41 – 00:05:48 | The J.O.B Mindset vs Entrepreneurial Mindset
Definition of J.O.B. as "Just On Broke" mindset.
Discussion on the differences between having a job and being an entrepreneur.
Emphasis on the need to shift from a job mindset to a CEO mindset in business.
Discussion on how individuals transitioning from jobs to entrepreneurship often
carry their job mindset with them, which can hinder their growth as business
owners. The importance of breaking through this mindset to become the CEO of
one's life is emphasized. The conversation highlights that entrepreneurship
involves risk and unpredictability, contrasting the safety and security often
associated with traditional jobs.
00:05:48 – 00:17:02 | The Role of Community & Support for Handling Adversity
Importance of mindset (90%) over strategy (10%)
in achieving success.Job mindset often equates to safety and security, while
entrepreneurship involves risks and fluctuations in income. Entrepreneurship as
a means of personal growth and self-discovery. Entrepreneurship is a journey of
self-discovery, where individuals learn about their strengths and weaknesses
through challenges. They emphasize that personal experiences, including trauma,
can shape entrepreneurial resilience and drive. The importance of surrounding
oneself with supportive and successful individuals is highlighted, as well as
the challenges faced when one begins to outgrow their social circles.
00:17:02 – 00:32:53 | Client Transformation and Coaching Approach With Motto “People First, Money Second”.
Most business challenges stem from mindset issues
rather than strategy problems.Encouragement for individuals to break free from
limiting beliefs and embrace a growth mindset. n the concept of "choosing
your hard," recognizing that both being broke and being wealthy come with
their own challenges.The need to embrace discomfort for growth and success. The
value of investing in coaches and mentors to gain new perspectives and
skills.Discussion on the difference between a job mindset and an
entrepreneurial mindset regarding investments in self-improvement. The
conversation touches on the necessity of investing in personal development and
mentorship to continue growing as entrepreneurs. They stress that one should
never stop learning and that there will always be someone better to learn from.
Highlighting a successful client transformation through coaching, emphasizing
the importance of addressing underlying emotional issues.The effectiveness of
combining various therapeutic techniques (e.g., breathwork, hypnotherapy) for
rapid client progress.
00:32:53 –00:42:34 | Investing in Personal Growth
Ego can serve as a driving force, pushing individuals to achieve their goals and seek
validation through success.Harnessing ego positively can lead to a strong
desire to excel and provide the best results for clients.Recognizing and
transforming perceived flaws into strengths can enhance personal growth and
professional development. Consistently
investing in coaches and mentors helps identify blind spots and areas for
improvement.Regular mentorship provides access to new strategies and insights
that can accelerate growth.Engaging with experienced coaches fosters
accountability and encourages continuous personal and professional development.
00:42:34 – 00:52:55 Breaking Through Limiting Mindsets
The transition from job mindset to business owner mindset to CEO mindset involves :
· Recognizing the need for personal growth and continuous learning to break free from limiting beliefs and expand one's potential.
· Shifting focus from merely earning a paycheck to creating value, building systems, and leading a team to achieve greater impact and success.
· Embracing risk and uncertainty, understanding that failure is a learning opportunity, and
developing resilience to navigate challenges effectively.
‘You have to become someone you have not been yet’, You must challenge your current beliefs and mindset to unlock new potential.Embrace discomfort and take risks to foster personal growth and transformation.Surround yourself with mentors and environments that inspire you to reach higher goals.
👇 Your Turn:
What mindset shift has had the biggest impact on your business or
personal growth? Share it in the comments!
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