The importance of a growth mindset to make 2020 your best year ever

To help you in making this a great year, I’d like to share with you the importance having a growth mindset.

I want you to think back…way back in time.Mindset

Go back to the days when you were a child. You there?

Now, I want you to think about what you didn’t know as a child.

The list was long, wasn’t it!

At some point, you didn’t even know how to tie your shoes, let alone about the property market, success, money or what makes a good investment.

But here you are today.

You’re in a job, you may have children.

You’re good at what you do.

And people rely on you.  Maybe your children, your spouse, your parents, your clients.

But I’ve got a question for you.

You help other people learn and grow, but how committed are you to learning new things and growing?

There’s this thing called the “growth mindset.”

You have a growth mindset if you believe your talents can be developed through hard work, good strategies, and input from others.

This means you think you can do more and learn how to do something better.3 New Mindset

On the other hand, people with a “fixed mindset” believe “their talents are innate gifts.”

In other words, you’re stuck with what you’ve got.

I understand why people default to a fixed mindset. Learning new things can be hard.

But because you’re here right now, learning something new, you know it’s possible.

So I feel pretty confident saying that you have a growth mindset.

With that in mind, I want to encourage you to think about a couple of things this year.

1. You’re not perfect, and so you will fail at some things.

Failure can lead to criticism, and criticism can trigger a fixed mindset.

That’s OK.

Give yourself permission to fail but commit to identifying triggers that switch you from thinking growth to thinking fixed.

2. You won’t have a growth mindset about everything.

There are just some things I’m bad at.

More practice doesn’t seem to help much, and I get frustrated.mindset

That’s OK, too.

For some things, we may just need to let go.

Like that idea in the back of your head you can figure out a way to time the property market perfectly or fine the perfect investment property.

Look, we’re human, and part of being human is pushing to be better this year than we were in the last one.

By adopting a growth mindset, we can find a path forward that helps us become better people, better communicators, and better parents, friends and partners.

Have a great 2020 …make it a great 2020!



Subscribe & don’t miss a single episode of Michael Yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

Need help listening to Michael Yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.


Prefer to subscribe via email?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.

Michael Yardney


Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media. Visit

'The importance of a growth mindset to make 2020 your best year ever' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.


Copyright © Michael Yardney’s Property Investment Update Important Information
Content Marketing by GridConcepts