Develop a Wealth Mindset

Growth Mindset vs Fixed Mindset – Which One Controls You?

by Vlastimil Cícha - Pat V.C.

May 26, 2021

Believe it or not, one of the key steps to overcome scarcity and recondition to prosperity is to understand the difference between growth mindset vs fixed mindset.

In fact, so many people have a fixed mindset. And even if you don’t realize it, you might have a fixed mindset too. 

And what’s worse…

If you don’t believe in yourself, you will always idle and vegetate. 

But, you have to know your price, know yourself, and you have to know where you go.

So the starting point to prosperity and holistic wealth is to overcome scarcity. 

And here’s the point:

Because you are a Doer, your standards must be higher than average.

Your duty is to climb up the wealth pyramid and hit the six-figure income first. 

Pat VC - The Wealth Pyramid

Then you will distinguish yourself from the masses and enter the top 10% with the status of financial freedom, prosperity, and wealth.

And it all starts with a mindset

For that reason, in this blog post, you will learn the basics of growth mindset vs fixed mindset.

With this purpose in mind, let’s sink into it.

What Is The Difference Between Growth Mindset vs Fixed Mindset?

Difference Between Growth Mindset vs Fixed Mindset

When it comes to basic insight, the starting point of each person’s mindset is belief. 

Then…

“When you believe in something, it triggers actions that form habits.”

And those habits create a control that reflects whether you will develop a fixed or growth mindset. 

Therefore, it’s important to be very careful what you plant in your mind. 

Because when you believe that your abilities are fixed and you cannot evolve over time, you live in scarcity. 

What’s worse, you balance at the bottom of the wealth pyramid between being broke and in debt. 

That’s why I created a framework of the 7 Wealth Stages that helps you overcome that scarcity and find the momentum to move you up toward prosperity.

So, on the one hand, you might have limiting beliefs that hold you back.

For example:

  • “I can’t focus and I always procrastinate”
  • “I’m not good at math.”
  • “I’m not a Doer.”

And so on…

As a result, you plant in your subconscious mind those limiting beliefs which form a fixed mindset.

Now, let me tell you something.

Two Types Of Knowledge – General and Specialized

If you read a book Think And Grow Rich by Napoleon Hill, he explains the concept of Specialized Knowledge.

Think And Grow Rich by Napoleon Hill - General and Specialized Knowledge

It simply means, in your life, there are two types of knowledge – General and Specialized. 

And this is somehow comparable to a fixed and growth mindset. 

So I found a deep correlation between these two analogies. 

As he describes, you learn general knowledge in your adolescence and school. 

But you need to focus on specialized knowledge to form a growth mindset. 

It means…

“When you develop a growth mindset together with elite-income skills, your intelligence, talent, careers, entrepreneurial endeavors, partnerships, and overall anything will lead to prosperity.”

Would you agree?

So summarizing the difference between growth mindset vs fixed mindset is this.

“With a fixed mindset, you assume or believe your ability is limiting and you have no room to grow your intelligence.”

Listen, it’s absurd because “you reap what you sow.”

But…

“With a growth mindset, you approach things positively. It means, if you don’t understand something, you seek a solution or find someone who helps you.”

Because there is no such thing that could hinder you to grow a wealth mindset.

Now when we have covered the basics, let’s talk about what is a growth mindset a bit deeper…

What Is Growth Mindset?

What Is Growth Mindset

As you have already learned, it begins with what you believe.

And those beliefs shape habits that create control. 

It means you want to be definitely in control of your habits and responsible for your life.

Therefore, when any problem, change, challenge, or adversity occurs in your life, you must embrace them. 

Certainly, there might be days when you feel drained, out of energy, and fatigue.

However, you feel this is the state of mind that is just temporary and you must overcome that situation as quickly as possible. 

For example:

When I feel drained and my mood is emotionally down, I open my Doer Transformation Planner with written goals. And I read those goals aloud and simultaneously I trace with a pen those words. 

I encourage you to try it. 

Because what it does is, it triggers in your subconscious mind the inner voice. And it soars or boosts your motivation and brings you back on track.

You might argue now… 

But listen, how do you know until you try it?

The outcome of this exercise is to train your mind and to adopt it because this habit will create control. 

You just have to keep it always in mind and when some setback occurs, just do it.

See, you are armed now with a secret weapon to get motivated to work and grow your wealth mindset. 

It means…

“Your momentum must be exceptional because when you just sit around and do not produce any activities you feel average.”

For that reason,

I read three books per day in a 20-30min interval.

I’m surrounded by books in every room and when any negative thought appears, I strive to kill it by opening a book and reading some wisdom. 

Now, let’s briefly describe what is a fixed mindset and why you should avoid it. 

What Is Fixed Mindset?

What Is Fixed Mindset

Unfortunately, you may have encountered many people that are the same almost their whole life. 

It’s nothing wrong to point out to them because this was their decision to stay the way they are without nurturing and growing their mindset.

For example, I grew up in a small village that has around 2,000 people. I love that village because of its nature, hills, paddocks, meadows, peaceful life, and friendly people who practically know each other.

But I have found some of my childhood and adolescent friends remained almost the same with their fixed mindset.

What I mean by that is going to the same job for 15+ years, meeting the same people, doing the same stereotypical work over and over again.

So it seems to me that, in their beliefs, life is practically static without seeing any other doors that would lead to better opportunities.

And I don’t believe they enjoy happiness.

However, I see it as giving up enormous opportunities, at least for a while. Like going out of that village, try a new job, and explore the world.

Maybe they are afraid of criticism of what other people say.

Or they are afraid to live abroad and speak a foreign language.

But again, it’s nothing wrong if they feel like living the way they want, because it was their choice. 

Now the last part of this topic is to ask….

Can You Change From Fixed Mindset To Growth Mindset?

Can You Change From Fixed Mindset To Growth Mindset

I want to repeat the following statement that you must ingrain in your mind. 

“Beliefs create habits, habits create control, and control creates the path to prosperity.”

So how can you develop a growth mindset?

How can you form and develop a new intellect, ability, or skill?

In fact, many neuroscience studies show that your brain can change from a fixed mindset to a growth mindset. 

Here is a list of several hints to implement right now…

First, because your brain was born and built to constantly learn, grow and evolve, there shouldn’t be a certain age when you stop learning. Look at top successful people, they never stop reading and acquiring new skills.
Second, you must change your environment, escape your comfort zone if you are surrounded only by people with a fixed mindset. For that reason, I flew to Australia, traveled in Asia, and settled now in the most vibrant city in the world.
Third, after you decide to move, you have to reprogram your mind by listening to podcasts, the wisdom of successful people, and always say to yourself “I can do it”. You need to nurture your mind every day. No excuses!
Next and unconditionally you need to focus your mind on these 3 personal strengths:

1. Doing things fast over perfection.
2. Feel fulfillment when your tasks are done and reward the process.
3. And most importantly, staying laser-focused.
Pat VC - Focus your mind on these 3 personal strengths
Last but not least, ask for feedback on your personality to improve it. Because what you see in the mirror doesn’t have to be the reflection of reality. 

Now Is Your Turn – What Types Of Mindset Controls You?

To conclude this blog post, 

If you feel that you struggle to nurture your growth mindset, it’s time to form new beliefs.

Of course, it depends on whether you want to or not.

But I assume, because you are reading this blog post or watching a video, you are a Doer who wants to overcome scarcity and climb up the wealth pyramid.  

Whoever you are, listen to me cautiously and remember this.

“The growth mindset is a part of your mental wealth. It is a belief that you are capable of doing more by developing your ability, knowledge, skills, and overall your intelligence.”

Would you agree?

Now, I’d like to hear from you. 

What types of mindset controls you?

Maybe you feel like you are stuck in your fixed mindset, you lack enabling beliefs, and struggle to find the starting point toward prosperity, wealth, and success. 

If so, leave us a comment below. 

Because the 7 Wealth Stages framework is in power over your beliefs, emotions, desires, and dreams. It guides you toward prosperity and holistic wealth. 

And as a reminder, doerly pat the Like button to give our video more exposure, support, and love from the YouTube algorithm.

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I invite you to become a Doer. 

And I want you to build holistic wealth.

Thanks for reading or watching and I will see you next week. 

Vlastimil Cícha - Pat V.C. has been intensely mentored in digital investing within the larger financial service organization and investment bank while leading Elite-SEO strategies.
Besides that, he’s been obsessed with creating wealth-building and well-being strategies. And he found out that in our life there are only seven stages. He calls them the 7 Wealth Stages framework.
That’s the reason why he talks and writes about topics related to the 7 Wealth Stages that guide you toward Prosperity and Holistic Wealth. It is personal & professional development about a mindset, elite-income skills potential, personal finance, investment, personal growth, scalability, and abundant life. Vlastimil advocates the statement that elite-income skills are the entryway into financial abundance through well-organized wealth-building strategies.

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