Why our Mind may find the concept of Compliance Challenging

According to Neuroscientist and Meditation guru, Dr Joe Dispenza, a person’s mind is an artifact of all the memories it has accumulated from the day of birth. We tend to live our lives based on those memories, beliefs and learned behaviours that our mind has stored. And so, it also makes logical sense that the way a business owner operates is based on the mindset of the owner. 

The concept of compliance in business may not necessarily resonate with business owners who would associate the meaning of compliance as one that is self-limiting, rigid, and unnecessarily. Business owners who have this view of compliance are prepared to take risks and short cuts that may be detrimental to the stability and longevity of their business.

Conversely, those business owners who have a risk averse mindset tend to value the frameworks of various compliance measures.  Ultimately the importance given to the  level of risk management and compliance is based on the business owner’s current mindset which is determined by their past beliefs, values and experiences.

Would you like to learn more about compliance and risk management?

Join us Tuesday September 27th at 6pm for our Aspiring Entrepreneur Networking Event: All About Compliance and Risk Management.
Early Bird ticket price ends this Friday the 16th so be quick! https://bit.ly/bblog2aene3

Would you like to learn more about how mindset deeply influences your businesses chance of succeeding?

You will learn all about that and more when you enrol in our 10-week Entrepreneur Transformation Intensive (Incubator Program), with the first week being devoted to connecting your personal purpose to your business.

Enrol now: https://breedaustralia.com.au/learning-for-good/

 

Photo by janilson furtado on Unsplash.

 

About the Author

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Emmanuel Martin -General Manager, Breed Australia

Over the last 10 years, I have coached and mentored over 500 small business owners and entrepreneurs. During this time I have identified that the number one reason for business failure is the state of mind of the business owner. Increased mental resilience improves our state of mind!

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