Growth Mindset

by Aug 26, 2019Supply Chain Finance

Growth mindset is based on the belief that our basic qualities are things we can cultivate through our efforts. Although people may differ in every way possible — in their talents, aptitudes, interests, temperaments — everyone can change and grow through application and experience.

This approach stands in stark contrast to a “fixed mindset” which assumes that our character, our intelligence and our creative abilities are static givens that we cannot change in any meaningful way. Furthermore, a fixed mindset holds successes as the affirmations of inherent, immutable qualities such as intelligence. Accordingly, striving for success and avoiding failure at all costs become ways of maintaining the sense of being smart or skilled. However, do these practices actually afford true growth? The truth is, it is all about mindset.

Research indicates that when we assume a growth mindset, we thrive on challenge and see failure not as evidence of unintelligence but as a heartening springboard for growth and for stretching our existing abilities.

I would venture to say that most, if not all, successful business leaders (and, for that matter, anyone who succeeds in any domain) must possess a growth mindset. How else can anyone improve and master their craft if they do not believe that they can change and grow through hard work and deliberate practice? You need to believe in possibility to make the possible reality.

In the banking and lending world, change is all around us; FinTechs, online lending, automated underwriting, etc. abound. At Artis Trade, our sole purpose is to help banks and lenders offer their clients a product, at no cost, that transforms their working capital and A/P process. At Artis, we strive to learn, to grow, to stretch. It is our belief that all businesses can grow through flexibility and expansion. One simple tool that we offer at Artis is ArtisPay©. ArtisPay is a state-of-the-art Supply Chain Finance (SCF) solution that gives banks and lenders a means to not only grow business, but to help businesses grow with their customers. By partnering with Artis, banks and lenders get an entrepreneurial FinTech partner that learns and adapts with them, helping to develop and advance product offerings and revenue channels.

At Artis, we believe growth is a mindset. And, the true catalyst for growth is partnership.