SY, Iahna Marselle S.

GEE 003-IE22S1

Prelim Examination September 11. 2021

Choose a section from the topics in Modules 1 and 2 and explain how you understand the concepts
you choose to discuss from the modules.

 The topic that I choose from the previous discussions is “Entrepreneur Mindset” having a good
mindset can make most of the opportunities and succeed in the variation of situation. To be a
successful entrepreneur you need to make a optimistic decision in order for them to succeed.
Being an entrepreneur are learning from their failures and customers feedbacks and can
acculturate their goods and services to help them to grow their business. A entrepreneur
mindset can help you to build a successful business, they have a own beliefs and process to
improve their life on their own terms, they also believe in their ability to grow and adapt.

Then give an (or some) example(s) of how you see the concepts at work in reality.

 Having a concept of entrepreneurial mindset that works in reality is they would look for a ways
by starting up their own business, I think the best example here is people who start up their
small business in the midst of this pandemic, having a small business will follow your passion
and you can start from scratch. Last year, I have my own online business and my business is
thrift shop, I risked my own money to see if my business will grow, I always think positive and
having a dedication. Being an entrepreneur will put long hours to proceed of the ground and
you must do everything to pursue your dreams. Entrepreneurship is not only having a good
mindset but a skill set.

Finally, how will you leverage your new knowledge and understanding of this concept to benefit you
in the real world of business (or life)?

 The topic that I choose has a big help to gain my knowledge and understanding when I want to
build a business in the near future, it will help me to improve my standards of living and
something even on small scale. I also understand that being an entrepreneur should take a risk
to see how things will turns out because without risk, there is no alteration and you'll never
know what will happen. The key to have a successful business should start in an entrepreneur
mindset, It has a big benefit in the real world of business it helps you to drive with variation and
to improve a product and services.

“I affirm that I shall not give or receive any unauthorized help on this exam, and that all work
shall be my own.”