DEVELOPING AN ENTREPRENEURIAL

MINDSET
GECHO2
MARIDI C.PALMA ,LPT, MAED
Learning Outcome:

1. Define “mindset” and explain its

importance to entrepreneurs.
What Is Mindset?
Mindset - the established set
of attitudes held by someone.
Stanford University psychologist Carol Dweck
proposes that there are two different types of
mindset: a fixed mindset and a growth mindset
 Video:
Growth Mindset vs. Fixed Mindset

https://www.youtube.com/watch?
v=3vz6HU1LlOU

https://www.youtube.com/watch?
v=V7XjFTrPl6o
Two Types of Mindset

1. Fixed mindset: the assumption held

by people who perceive their talents
and abilities as set traits.
2. Growth mindset: the assumption
held by people who believe that their
abilities can be developed through
dedication, effort, and hard work.
I can learn anything I want to I’m either good at it or I’m
not

When I’m frustrated, I persevere When I’m frustrated, I give up

When I fail, I learn When I fail, I’m no good

If you succeed, I’m inspired If you succeed, I feel

threathened
❖Even if your mindset is a fixed one, it is
possible to learn a growth mindset and thereby
boost your chances for happiness and success.

❖How can you do this?

By becoming aware of that “voice” in your head
that questions your ability to take on a new
challenge,
by recognizing that you have a choice in how you
interpret what that voice is telling you, by
responding to that voice, and by taking action.
For example, say you want to start a new
business, but you’re a little unsure of
your accounting skills.

Following are some messages you might

hear from the “voice” in your head and
some responses you might make based
on a growth mindset.
FIXED MINDSET: “Why do you want to start
up a business? You need accounting skills. You
were always terrible at math at school. Are you
sure you can do it?”

GROWTH MINDSET: “I might not be any

good at accounting at first, but I think I can
learn to be good at it if I commit to it and put in
the time and effort.”
FIXED MINDSET: “If you fail, people will
laugh at you.”

GROWTH MINDSET: “Give me the name

of one successful person who never
experienced failure at one time or
another.”