Course : ENPR6143032 – INTRODUCTION TO ENTREPRENEURSHIP & BUSINESS

Year : 2022

Entrepreneurial Mindset

Session 7 & 8
CILO 1 : Explain the importance of entrepreneurship and business in corporations

CILO 2 : Demonstrate the knowledge of entrepreneurship and business in dealing

with current business situations
Entrepreneurial Mindset
Sub Topics:
• How to Cultivate Entrepreneurial Mindset
• Three Possible Working Scenarios to Start Investigate
Resilience in Agile Organizations
How to Cultivate Entrepreneurial
Mindset
How to Cultivate Entrepreneurial Mindset

• When speaking of entrepreneurs, most people think of

their creativity, their inventiveness and search for
novelty, their alertness to opportunities, their
determination to disrupt the existing order, their
personal identification with their business and its
products, their single-minded commitment to style,
quality and management.
How to Cultivate for Entrepreneurial Mindset

Persuasive
A Positive A Creative
Communication
Mental Attitude Mindset
Ability

Intrinsic Tenacity and

Motivation and Ability to Learn
Drive from Failure
How to Cultivate Entrepreneurial Mindset
• A Positive Mental Attitude
• Why is positivity important for the overall work environment?
When you’re the boss, a positive attitude influences others in
a similarly positive way.
• Research indicates that happy employees are better overall
workers.
• Psychological research has made a correlation between
higher productivity and positive work environments.
• Moreover, positive work environments have been linked to
higher business profits, fewer sick days, and higher staff
retention rates.
How to Cultivate Entrepreneurial Mindset
• A Creative Mindset
• Never has the adage “Creativity is the mother of
invention” been truer than in the world of
entrepreneurship.
• Think of Steve Jobs and the iPhone. Edison and the light
bulb. The Wright Brothers and the airplane.
• Each of these ground-breaking inventions would not
have come to fruition were it not for healthy doses of
creative gumption.
How to Cultivate Entrepreneurial Mindset
• Persuasive Communication Ability
• The best entrepreneurs are persuasive individuals.
• The power of persuasion can help you negotiate, close a
sale, or score a lower price on your inventory.
How to Cultivate Entrepreneurial Mindset
• Intrinsic Motivation and Drive
• One of the top entrepreneurial characteristics is intrinsic
motivation, meaning you are self-motivated as opposed
to looking to others to push you to do things or hold you
accountable.
• Those who own their own businesses are incredibly
motivated to succeed. They’ve poured blood, sweat, and
tears into their company, and may have literally
mortgaged their future to first open their businesses’
doors.
How to Cultivate Entrepreneurial Mindset
• Tenacity and Ability to Learn from Failure
• The key to learning from failure is to actually learn and
embrace your mistakes so they make your better, not
break you.
• Don’t be afraid to fail, because when you do, you’ll be in
good company.
• The richest business owners, most decorated sports
stars, and well-known artists have all failed at one time
or another in their path to riches and fame.
• Everyone is human, therefore, imperfect.
 Three Possible Working Scenarios to Start
Investigate Resilience in Agile Organizations
Three Possible Working Scenarios to Start Investigate Resilience in Agile
Organizations

The individual level the The team level the

individual in relationship individual in relationship
with him/herself. with the team

The organizational
system level that is the
individual in relationship
with the organizational
system.
Three Possible Working Scenarios to Start Investigate Resilience in Agile
Organizations

1. The individual level the individual in relationship with him/herself.

• In what way I can operate with myself, as an individual.

How I can manage my emotions, how I can reconstruct
my emotional vocabulary, how I relapse and how I can
apply proper techniques to adapt myself to the new
environment.
Three Possible Working Scenarios to Start Investigate Resilience in Agile
Organizations

2. The team level the individual in relationship with the team

• How I can take care of own relationships with others.

• The way in which these relationships are tested in
remote working conditions and the uncertainties that
will follow.
Three Possible Working Scenarios to Start Investigate Resilience in Agile
Organizations

3. The organizational system level- that is the individual in relationship with the
organizational system

• In what way the operations carried out by the individual

have an impact upon the organization, as a whole.
• What exactly can an individual do to work in the new
conditions.
Three Possible Working Scenarios to Start Investigate Resilience in Agile
Organizations
Thank You