THE

ENTREPRENEURIAL
MINDSET

Dr. Sheerad Sahid

Business & Entrepreneurship Education
Defining Mindset

A mindset is defined as a

“mental attitude or inclination”

✓ Your mindset is the sum of your knowledge.

✓ Beliefs and thoughts about the world and yourself in it.
✓ It is your filter for information you get in and put out.
✓ So it determines how you receive and react to information.
 Mindset

Our mindsets can be shaped by:

1. An intentional awareness.
2. Also largely driven by our experiences

A mindset is a habit that requires practice

KEBIASAAN
“Islam menggunakan kebiasaan sebagai salah
satu kaedah pendidikan. Islam mengubah
semua kebaikan menjadi kebiasaan yang
dapat dilakukan oleh semua orang tanpa
harus bersusah payah atau merasa berat.
Islam juga selalu mengingatkan tujuan yang
akan dicapai melalui kebiasaan-kebiasaan
tersebut.”
Ustaz Muhammad Qutb (dalam bukunya Manhaj at Tarbiyah al Islamiyyah, h.200
KEBIASAAN JATI DIRI

Jati diri ialah sifat atau ciri yang

unik dan istimewa (dari segi adat,
bahasa, budaya, agama dan
sebagainya) yang menjadi teras
dan lambang keperibadian
seseorang individu, sesuatu
bangsa dan sebagainya, atau
disebut jua identiti.
 Manusia adalah makhluk Allah yang digerakkan oleh
sejumlah kebiasaan; sebahagian dari kebiasaan itu
bermanfaat, sebahagian lainnya membahayakan dan
sebahagiannya berada di antara keduanya.

 Perubahan merupakan sesuatu perbuatan yang harus

dilakukan oleh manusia dan perubahan itu akan datang
dari dalam diri manusia itu sendiri

“Sesungguhnya Allah tidak

mengubah keadaan sesuatu kaum
sehingga mereka mengubah
keadaan yang ada pada diri
mereka sendiri.” Ar-Raad: 11
TWO SET OF MINDSET
▰ In a fixed mindset, people believe
that their basic qualities, like their
intelligence or talent, are simply
fixed traits (rigid).
▰ They spend their time
documenting their intelligence or
talent instead of developing them.
They also believe that talent alone
creates success - without effort.
▰ In a growth mindset, people believe
that their most basic abilities can be
developed through dedication and
hard work-brains and talent are just
the starting point.
▰ This view creates a love of learning
and a resilience that is essential for
great accomplishment. Virtually all
great people (including
entrepreneurs) have had these
qualities.
TWO SET OF MINDSET
Defining Entrepreneurial

• Entrepreneurship: The discovery, evaluation, and exploitation of

opportunities

• Entrepreneur - “undertaker” (pengusaha), the sense of someone

undertaking (mengusahakan) a major project
Entrepreneurship in 3 ways
BUSINESS ENTREPRENEURSHIP
When someone is motivated to innovate,
create and take risks

CORPORATE ENTREPRENEURSHIP
@ INTRAPRENEURSHIP
When employees are encouraged to
brainstorm new ideas or products
SOCIAL ENTREPRENEURSHIP
When company/someone develop, fund
and implement solutions to social,
cultural, or environmental issues
 Putting it together:
The Entrepreneurial Mindset

“the inclination to discover, evaluate,

and exploit opportunities”
 Is a set of cognitive (thinking) processes that
triggers the individuals to act or to behave
entrepreneurially.
The
• Sometimes it is called entrepreneurial talent
Entrepreneurial or mentality
Mindset • This mindset, talent or mentality can be
changed and modified over time
• The basis for the individual behavior
The Entrepreneurial Mindset

▰ An entrepreneur views needs, problems and challenges as opportunities.

▰ An entrepreneur comes up with innovative ways to deal with
challenges/problems.
▰ An entrepreneur realizes that he/she is in the business of creating value.
▰ An entrepreneur thinks/learns ahead and consolidates opportunities before they
become obvious.
▰ An entrepreneur is a visionary and a leader.
 WHY DO WE NEED AN
ENTREPRENEURIAL MINDSET

▰ We are all making decisions with limited information

▰ In a time-compressed and resource limited environment
▰ There are no guarantees or safety nets
▰ We take on a certain amount of risk
▰ Competition is changing
▰ The market is changing
▰ Product and service lifecycles are shorter and shorter

DR. SHEERAD SAHID

BUSINESS & ENTREPRENEURSHIP EDUCATION
Developing an Effective
Entrepreneurial Mindset

▰ Understand what motivates you

▰ Know what you love
▰ Challenge yourself
▰ Reversal thinking
▰ Change your habit (once in a while)
▰ Always believe that you can
▰ Break away from norms
THANK YOU

Dr. Sheerad Sahid

Business & Entrepreneurship Education
Faculty of Education, UKM.