The Losing Mindset That Leads Many Entrepreneurs To Failure

In times of crisis and uncertainty like the current one, the mindset of the entrepreneur can be the factor that tips the balance towards success or failure. In this sense, psychologists identify several traits that can define a losing and a winning mentality. And, in this, the main difference is found in the attitude with which entrepreneurs face problems. 

As the psychologist Laura Moratalla explains in a recent article, the winning mentality is one that "allows us to see opportunities where others see difficulties." In this sense, the search for solutions and the absence of fear of failure are the main features that identify successful entrepreneurs. In addition, learning from mistakes and staying motivated over time also differentiates these professionals from people who show a losing attitude. 

On the other hand, entrepreneurs with a losing mindset are also often the closest to failure. They tend to get carried away by difficulties, are limited by negative thoughts and lose motivation as soon as a bump appears in the road. "These people take mistakes as an unequivocal sign that they cannot carry out what they want," explains Moratalla. “By believing that we cannot carry out something, our way of acting will follow that line and we will not use all the necessary resources, thus obtaining a negative result with respect to the objective, but which is consistent with that way of coping that has been put march ”, he adds. 

The Characteristics of a Failure Mindset 

The psychologist collects the main features of the losing mentality and predisposed to failure. Although we may all have fallen into these attitude errors at some point, knowing how to identify and correct them in time can be the differential factor that marks the destiny of an entrepreneurial project. In uncertain times like today, positive thinking is more important than ever. 

In the first place, people who are more prone to failure do not usually set goals - or drop them shortly; they focus more on problems than solutions; and they have low self-esteem, as well as a negative view of the world and society. “It is possible that behind a losing thought is a fear of uncertainty or the unknown. But when your decision not to set goals stems from a negative attitude towards change and not from a firm decision to stay as it is, it can be a problem ”, the experts explain. 

In addition, the losing mentality also tends to infect the people who are around, helping the failure of any collective project. On the other hand, all the traits can have as their origin an education: either too permissive, with little tolerance for frustration; or too negative, without reinforcements that stimulate self-esteem and self-confidence. 

Photo by Andrea Piacquadio from Pexels

The mindset of the entrepreneur influences the success or failure of a business more than is usually thought. Proof of this is recent studies, which show how a positive attitude towards problems and mindfulness techniques considerably reduce the genes that cause inflammation, improving the ability to recover from stressful situations.

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