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Overcoming the Psychological Barriers to Business Growth with Dr. Heidi Gregory-Mina

As an entrepreneur, the journey extends far beyond just managing operations, finances, and strategy. We must also navigate the complex internal landscape of our mindset, emotions, and decision-making processes. Hence, from cultivating a resilient, high-performing team to maintaining the grit and passion needed to push through daunting challenges, mastering the psychological side of entrepreneurship can mean the difference between thriving and merely surviving. 

In this episode, Business Psychologist Dr. Heidi Gregory-Mina offers invaluable insights on cultivating the mindset, relationships, and operational know-how required to push past growth plateaus and build a thriving, sustainable organization. 

Listen in as Daniel and Dr. Heidi discuss the reasons for business failure, the importance of cultivating relationships before building a team, psychological factors in growth, the power of grit and passion, strategies for financial management, how networking can help with visibility and long-term success, and the benefits of investing in yourself.  

“The next step is not climbing the mountain. The next step is stepping to the step in front of you… We want to make sure that we're growing in a reasonable manner— that not only our business can handle the growth, but our employees can handle the growth and that you yourself can handle what is about to happen.” —Dr. Heidi Gregory-Mina

Episode Highlights
  • 01:30 Business + Psychology
  • 05:52 You Got to Spend That Money!
  • 10:18 Expand Your Capacity 
  • 16:32 Take Time to Work on Yourself
  • 21:10 Numbers Don’t Lie
  • 25:06 Sell Yourself Out of the Problem Right 
  • 30:24 Footprints in the Sand
  • 34:29 Never Give Up 

 

Resources: 

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Connect with Heidi:

As a business psychologist, professor, and author, Dr. Heidi Gregory-Mina brings a unique combination of academic expertise and real-world experience to her clients and readers. Her services are designed to help individuals and organizations improve their performance and achieve their goals through a better understanding of the science of human behavior.

As a professor, Dr. Gregory-Mina teaches courses on topics such as organizational behavior, management, and leadership, helping her students develop the skills and knowledge they need to succeed in their careers. As an author, she writes books, articles, and blog posts on topics related to business psychology, leadership, and personal development, sharing her knowledge and experience with readers around the world.

With her doctoral training and hands-on work with businesses and nonprofits, Dr. Gregory-Mina brings a unique perspective to supporting leaders and teams. Her goal is to help her clients leverage psychological insights to create more efficient, productive, and fulfilling workplaces.

 
Quotes:

02:52 “The people who are leading it are working too much in the business, rather than on the business. But having a good team under you is really instrumental to kind of making those day-to-day operations go smooth so you can focus on that growth strategy.” —Dr. Heidi Gregory-Mina 

03:27 “People tend to give up right when they’re about to be successful. Think about the people you’re impacting, the people you’ve served, the connections you’ve made, the momentum. Do not always use ROI as the complete benchmark.” —Dr. Heidi Gregory-Mina

07:14 “If you can get along with somebody, you have a great relationship with them, and you can have open communication— that is a big key— a lot of skills can be taught.” —Dr. Heidi Gregory-Mina

09:18 “The more you say you can’t afford somebody, the more you’re never going to afford somebody. There’s going to come a point where you have to take that leap of faith.” —Daniel Gomez

11:07 “The biggest mistake people make is solicit free advice from people who ain’t even where they want to be at.” —Daniel Gomez

11:45 “Validate what you’re currently feeling because you don’t want to ignore those feelings. You want to work through those feelings and how to turn those into a more positive outlook.” —Dr. Heidi Gregory-Mina

12:28 “The next step is not climbing the mountain. The next step is stepping to the step in front of you… We want to make sure that we’re growing in a reasonable manner, that not only our business can handle the growth, but our employees can handle the growth and that you yourself can handle what is about to happen.” —Dr. Heidi Gregory-Mina

16:00 “There’s always a test before the breakthrough.” —Daniel Gomez

18:00 “Don’t ignore your staff and what they’re going through. Make sure that they’re getting a chance to rejuvenate, because you’re going to go very quickly from having engaged employees to satisfied employees, and satisfied employees can move very quickly to disengage, and disengage turns to turnover.” —Dr. Heidi Gregory-Mina

18:56 “Rise and grind doesn’t sound sexy. Rise and grind will kill you. Use wisdom.” —Daniel Gomez

31:16 “If you want to do PR, there’s plenty of people who will take your money and do it for you, but you need to do it strategically so it impacts your followers because eventually, your followers will just shut down because it’s saturation, it’s just noise. So you have to find that balance between not being noisy but being impactful.” —Dr. Heidi Gregory-Mina 

33:11 “That very struggle is what’s making you who you need to become in business.” —Daniel Gomez 

34:33 “Don’t give up… No one should give up on their dreams. We live in America, it’s all about following your dreams.” —Dr. Heidi Gregory-Mina