Use a exponential (growth) mindset to solve any problem
I am OBSESSED with Mark Bonchek. I would like to have coffee with him one day. His teachings about exponential or growth mindset have fundamentally changed the way I think and has enabled me to solve just about any type of problem.
When I’ve shared this revelation with friends they want to know how to do it. I believe anyone can be taught this method and it can be applied to any type of situation. Below is a compilation of articles, videos, and audio I’ve absorbed to understand this method. I will continually update this page.
How to get a growth mindset (Mark Bonchek)
- Start with why, Simon Sinek’s Ted Talk on how great leaders inspire action
- Overview
- Are you thinking incrementally or exponentially?
- Customer centricity and mental models
- The mindset doctrine. Identify first how are you thinking about the problem? Are you thinking with an incremental mindset or an exponential mindset?
| Incremental mindset | Exponential mindset |
| Set realistic goals | Set ambitious goals
– Think in the magnitude of changing an industry or world – Think of Elon Musk’s goal to make humans an interplanetary species by pursuing a mission to people on Mars |
| Follow the plan | Follow the vision
– Maximize for adaptability to the changing landscape – It’s a direction and not a destination |
| Minimize risk | Maximize learning and unlearning
– Learn by doing! |
| Standardize | Personalize
– How can you scale personalization so that its cost is negligible compared to mass-produced? |
| Centralize decision-making | Empower decision-making |
| Expand authority | Expand influence |
| Make your numbers | Grow your network
– Break monopolies of information, idea generation, creation, and decision-making – Many to many (platform thinking) |
Below is a copy of my presentation of Exponential Mindset given at Domi Station on October 18, 2018. Exponential Mindset 20181018
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