Entrepreneurial

Mindset

ENGR. JOSEPHINE C. CUMMITING

How to Think Like an ENTREPRENEUR?
Do you want
to develop an
ENTREPRENEURIAL
MINDSET?
LET’S RECALL THAT….

Entrepreneurs
are NOT born.
They are
DRIVEN to it.
“And this SAME DRIVE enables them to
do what is necessary to be an
ENTREPRENEUR.”
You are an
ENTREPRENEUR.

AND YOU’LL BE!

What is an entrepreneurial
MINDSET?
Entrepreneurial mindset
a way of thinking that enables you to overcome challenges, be
decisive, and accept responsibility for your outcomes.
a constant need to improve your skills, learn from your mistakes, and
take continuous action on your ideas. Anyone willing to do the work
can develop an entrepreneurial mindset.

-Hack The Entrepreneur

How to DEVELOP an
entrepreneurial
mindset?
 Anyone can learn how to act like an
entrepreneur, build the habits, and learn some
business hacks to fearlessly create a business
or start a side hustle.
You can work towards starting a business and
earning passive income without quitting your
job, without knowing how to code, and
without a million-dollar idea. Having a proven
online business model helps, too.
 characteristics
of Entrepreneurship
 To succeed as an entrepreneur, you must gain the
ability to look at a problem or situation, digest all
available data (at that point in time), and make a
confident decision to move forward.

 INDECISION is one of the greatest causes of business

failure.

 Like many other skills an entrepreneur needs,

being decisive is a skill that can (and should) be
practiced and strengthened in your day to day life
— starting with the tiniest decisions.
 how do you act confidently when you
don’t know what you are doing?
 learn to act with confidence, the
second characteristic of the entrepreneurial
mindset.
 And one the of the most important qualities
of an entrepreneur.
 They weren't born knowing how to speak
confidently, launch successful products, or
write excellent books.
 They also weren't born knowing how to
become entrepreneurs.
You need to internalize and accept that:
 Everything that happens at work – YOU are responsible for.
 Everything that happens to your business – YOU are responsible for.
 Whether you succeed or fail, it is YOUR responsibility.
 All that matters is what you are doing RIGHT NOW to find your
success.
 The entrepreneurial mindset requires you to take complete
control and hold yourself accountable to your outcomes – both
good and bad.
 ”Life is a sentence of failures punctuated with brief successes.”
-James Altucher
 If every misstep plummets you into self-doubt, you
have to change the way you look at being wrong.
 This mindset shift takes RESILIENCE and is foundational
to the entrepreneurial mindset.
 The only people who don’t make mistakes are the ones
who don’t do anything.”
 RESILIENCE isn’t only helpful when dealing with
catastrophic mistakes. It’s a way to handle the small,
simple decisions you’ve made that didn’t turn out
right.
 RESILIENCE enables you to think, act, and move
iteratively — making small, incremental corrections
along the way.
 Humility is freedom from pride or arrogance, and it ties all of
the characteristics of entrepreneurship.
 From decisiveness to confidence, humility will keep
you focused and centered.

 “If you are the smartest person in the room, you are in the
wrong room.”
 Along with humility comes COACHABILITY — the ability to be
coached.
 If you want to accomplish big things in life, you need to
be willing to learn from others and nourish a growth mindset.

 Thinking like an entrepreneur means seeking out MENTORS

and coaches who have been where you are trying to go —
and having the humility to accept their guidance.
References:
https://hacktheentrepreneur.com/entrepreneurial-mindset/

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