The growth mindset impact on start-ups

Abstract

With the development of technology and the acceleration of the rhythm of life, everything from people to start-ups have to adapt and develop. To cope with everyday challenges of VUCA-world people need to have a growth mindset. A growth mindset is an attitude toward life where a person believes that his or her talents, intelligence and skills can develop further. Individuals with a growth mindset look for opportunities to learn, to acquire new skills and to improve existing skills. A growth mindset in which your skills are something you can improve through effort; everyone can change and develop through application and experience. Failure is perceived as a space for growth, where effort and attitude determine abilities.