Open minds look for intellectual stimulation and consider more options. Closed minds seek the tried and true. Open minds look for potential, improvement and opportunity. Closed minds restrict potential and opportunity and conform to habit and precedent. The closed mind produces fewer successes.
Open minds view failures as stepping stones to future success.
Each of us fits somewhere inside the extremes. Yet in the new business world it is clear that an open mind is becoming increasingly important for business success. Many of the business failures I have seen could have been averted if ownership had been more open to reality and possible solutions. It is extremely sad to see a hard working owner never reach their potential or go bankrupt. For comments, questions, or to subscribe to our email service, please send us your email address here .