MODULE 1 Flashcards

1
Q

what is mindset?

A
  • a mental attitude or inclination
  • is a series of self-perceptions or beliefs people hold about themselves. These determine behavior, outlook and mental
    attitude
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2
Q

Carol Dweck, (Professor of Psychology at Stanford University) identified two types of people’s mentality or mindset.

A

➢ Fixed mentality or Fixed mindset
➢ Growth mentality or Growth mindset

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3
Q

see’s individuals’ abilities as innate traits and sees failure as a lack of basic skills needed.

A

FIXED MENTALITY/MINDSET

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4
Q

see’s themselves capable to gain any ability through hard work and persistence

A

GROWTH MENTALITY/MINDSET

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5
Q

praising someone’s talents or labeling them as
“smart,” promotes a fixed mindset.

A

Personal praise

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6
Q

emphasizes the effort a person puts in to
accomplish a task

A

Process praise

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7
Q

involves assigning people characteristics based on stereotypes or associations with different groups.

A

LABELING

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8
Q

HOW TO UNFIX A FIXED MINDSET

A

o Focus on the journey
o Incorporate “yet”
o Pay attention to your words and thoughts
o Take on challenges

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9
Q

-a way of regarding, understanding,
or interpreting something;
-a mental impression.
- is slow, rational, mindful,
thoughtful, and deliberate thinking

A

PERCEPTION

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10
Q

is the feeling before thinking, it is
instantaneous, unconscious, automatic, and
emotional.

A

INTUITION

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11
Q

WHAT IS ENTREPRENEURIAL INTUITION?

A

the innate ability for an entrepreneur to see,
sense, and take advantage of an opportunity

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12
Q

ENTREPRENEURS SKILLS/CHARACTERISTICS POSSESESS BY THE WRIGHT BROTHERS

A

o Fascination
o Interest
o Persistent
o Hard work
o Perseverance

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13
Q

ENTREPRENEURS GROWTH MINDSET

A

o Risk taker
o Creativity
o Innovation

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14
Q

a person who is willing to do things that involve
danger or risk in order to achieve a goal

A

RISK TAKER

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15
Q

the tendency to generate or recognize ideas,
alternatives, or possibilities that may be
useful in solving problems, communicating
with others, and entertaining ourselves and
others

A

CREATIVITY

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16
Q

is any new idea, process, or product, or a change
to an existing product or process
that adds value to that existing
product or service

A

INNOVATION

17
Q

as a process of creative destruction – the process of developing and introducing new ways of doing things and abandoned the old ones

A

SCHUMPETER (1947)

18
Q

They built and flew world’s first motoroperated airplane in 1903.

A

Wilbur & Norville Wright