Deseo, Audrey Julianne CBM 0016-14

BSPT 2-2

Guide Question: Upon watching the video links provided, which mindset (Growth or
Fixed) do you think has a better ability of seeing business opportunities ahead? Why?

There are a lot of business opportunities that an entrepreneur may think of or encounter,
but a great entrepreneur will not jump at every opportunity he sees because this can make him
lose focus on his vision.
By watching the video, I learned the difference of having a fixed mindset and a growth
mindset. As said in the video, a person with a fixed mindset will believe that leaders are born,
and that success depends only on your innate skills and talents. They avoid conflict because
they are afraid to look bad and fail in front of other people. They also take criticisms personally.
In contrast, people with a growth mindset will believe that leadership skills can be honed in a
person, and success can be achieved once you persevere in achieving it. They see conflicts
and challenges as chances to learn and grow. They are also not afraid to fail and will keep
trying to improve themselves.
With this knowledge, I may now be able to answer the question. I believe that people
with a growth mindset will have a better ability of seeing business opportunities ahead. For the
reason that they are willing to take challenges head on. Entrepreneurs should have the quality
of being a risk-taker and people with a growth mindset have exactly that. They are willing to take
challenges head on and even though they fail, they make sure that they learn from it and that
they become better each time they try again. They are the best candidates for being
entrepreneurs because they are always curious. They are not shy from learning new things no
matter how long it takes to perfect it. Unlike people with fixed mindsets who are very rigid and
try to avoid conflicts the best they can. If they were to venture in a business opportunity, they
would be picky. Once they invested in something and failed, they will surely stop trying because
they do not like failing. They cannot adapt quickly to the quick-paced entrepreneurial world
which sets them up for an inevitable failure.