Lecture 2 Entrepreneurial Mindset PDF

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University of Baguio

Engr. Annalyn D. Soria

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entrepreneurial mindset entrepreneurship business development management

Summary

This lecture covers the concept of entrepreneurial mindset, which includes characteristics of a successful entrepreneur such as creativity, positivity, and self-motivation. It emphasizes the importance of adaptability and vision for sustainable business growth.

Full Transcript

Unit I. Entrepreneu rial Mindset Engr. Annalyn D. Soria Instructor Entrepreneurial Mindset Entrepreneurial mindset is a way of thinking that enables you to overcome challenges, be decisive, and accept responsibility for your outcomes. It is a constant need to improve your skills, learn f...

Unit I. Entrepreneu rial Mindset Engr. Annalyn D. Soria Instructor Entrepreneurial Mindset Entrepreneurial mindset is a way of thinking that enables you to overcome challenges, be decisive, and accept responsibility for your outcomes. It is a constant need to improve your skills, learn from your mistakes, and take continuous action on your ideas. It is a mindset that equips people to recognize opportunity, take initiative, and innovate in the face of challenges. Having an entrepreneurial mind comes a Characteristics of an entrepreneurial mindset 1. Positivity - looking at challenges not as obstacles, but as opportunities to learn and improve. 2. Creativity - come up with innovations to problems and turning them into real products 3. Persuasion - to be able to persuade your target audience, to believe in your solution 4. Self-motivation - determined enough to finish what was started 5. Tenacity - Rest if you must, but don’t you quit. change tactics 6. Curiosity - Keep your mind active and strive to see things from fresh perspectives 7. Flexibility - to be able to roll with the punches and be able to adapt to change 8. Ownership - taking responsibility for your tasks, actions, and reactions to various events. 9. Receptivity - open to audience input and to information, ready to get feedback 10. Passion - genuinely enthusiastic to develop solutions 11. Vision - must stay focused on the long-term goals of the business while not getting overwhelmed by short-term hurdles. 12. Self-regard - Having a healthy body and mind

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