Entrepreneurial Mindset Flashcards
Is a belief that qualities like intelligence and talent are fixed or changeable traits
Mindset
•Who coined the word mindset?
•She found out that successful people have different mindsets which are a fixed growth mindset
Carol Dweck
•people with this mindset perceive that their talent and abilities are set, and sees the world in a “either/or” perspective.
•always want to avoid challenges, failure and tell themselves they do not have expertise
•people with this mindset believe that these qualities are inborn, fixed, and unchangeable
Fixed mindset
Trusts that traits can be changed, developed, and strengthened by working on them.
•are certain that their abilities could be developed by commitment, determination, and obviously hard work
Growth mindset
Characteristics of an Entrepreneurial Mindset
- Curiosity
- Commitment
- Optimism
- Flexibility
- Ownership
- Leadership
- Connection
- Self respect
Being curious is really shared among successful entrepreneurs
Curiosity
This is continuing to keep going and persist amidst problems.
Commitment
•Tough attitude towards challenges makes up successful entrepreneurs.
•For a successful entrepreneur, there is always a solution to every problem
Optimism
It helps to be supple to deal with a series of difficult situations, solve problems easily and make progress from obstacles.
Flexibility
Successful entrepreneurs always trust that their success comes from their own ability. Simply they have high locus of control.
Ownership
A successful entrepreneur ways guides, motivates, and empowers his team
Leadership
Entrepreneurs must choose those people that would form his collective links so that he could breed his idea
Connection
•in business, it is also vital to take care the body, mind, and spirit
•Taking care of oneself daily through rest, exercise and diet is essential.
Self Respect
