lesson 1 Flashcards
what are the 8 domains of entrepreneurial mindsets?
- initiative and self-reliance
- future orientation
- comfort with risk
- opportunity recognition
- communication and collaboration
- critical thinking
- flexibility and adaptability
- creativity and innovavation
the power to take ownership of a project without input or guidance and work through obstacles independently
initiative and self reliance
an optimistic disposition with a focus on obtaining the skills and knowledge required to transition into a career.
future orientation
the capacity to move forward with a decision despite inevitable uncertainty and challenges.
comfort with risk
the practice of seeing and experiencing problems as opportunities to create solutions.
opportunity recognition
the ability to clearly express ideas to an intended audience, including persuading others to work towards a common goal.
communication and collaboration
the capacity to apply higher level, processed-oriented thinking, etc, and use that reasoning to make decisions.
critical thinking
the ability and willingness to change actions and plans to overcome present and future challenges.
flexibility and adaptability
the ability to think of ideas and create solutions to problems without clearly defined structures.
creativity and innovation
a person’s set of beliefs and attitudes about themselves, their lives, and the world around them.
mindset
a specific set of beliefs, knowledge, and thought processes that that drive entrepreneurial behavior.
entrepreneurial mindset
drive innovation, originating from creativity, market analysis, and technological knowledge.
ideas
plays a crucial role in technopreneurship by driving the creation of groundbreaking products and services that transforms industries.
innovation
usually termed as good, commodity, service, article or an object.
product
are intangible activities or benefits provided to customers in exchange for payment.
service
physical objects that can be touched, seen, and stored
tangible
non-physical assets or services that cannot be touched but provide value.
intangible
2 types of products
- consumer
- industrial
is a group of individuals that work together for a common purpose.
team
is like a circle of friends that we have in real life
group
what are the 5 stages of team formation
- forming phase
- storming phase
- norming phase
- performing phase
- adjourning phase
the process of putting the structure of the team together.
forming phase
team members openly share ideas and use this as an opportunity to stand out and be accepted by their peers.
storming phase
each team member knows their role and works on their part of the project.
norming phase
