Developing an Entrepreneurial Mindset

April 23rd, 2013 | Posted in Business by

20120924-214305Over spring break I had the opportunity to teach entrepreneurship to high school students. One of the things we talked about  was the power in developing an entrepreneurial mindset. They questioned what I meant when I told them that EVERYONE needs to develop an entrepreneurial mindset if they’re going to thrive in the current business world. They thought that only business owners needed to think like entrepreneurs. I disagree. I think we ALL need to think more like entrepreneurs.

What is an entrepreneurial mindset?

*the mindset that takes you from mediocre to remarkable
*the mindset that allows you to take smart risks, thrive in ambiguity and bounce back from failure
*the mindset that allows you to create something from nothing

The entrepreneurial mindset includes (but is not limited) to the following:

1. Creative thinking. Entrepreneurs see things differently. They have the ability to turn things over, look for new solutions and see new ways of doing things. And they constantly ask themselves if there is a way to do it different or better?

2. Action Takers. Entrepreneurs do not blame others. They repeatedly take responsibility for their own success. They don’t have time or feel it necessary to make excuses or to blame others.

3. Risk Taker. Entrepreneurs feel fear but they push through it and do it anyways. And they do it over and over again.

4. Flexibility. Entrepreneurs are comfortable with change. They roll with chaos and uncertainty and just keep moving. Being flexible and staying open keeps them in forward motion.

5. Passion. Entrepreneurs do what they do because they LOVE it. They are driven by passion. The money is nice but most of the time they are being led by a higher calling. Not only do entrepreneurs have high doses of passion – they share that passion and inspire other with it.

6. Self Awareness. Entrepreneurs know themselves and continually strive to grow themselves. They are able to intuitively hire in the areas they are weak and they lead in their areas of strength. 

7. Confidence. Entrepreneurs are comfortable in their own skin. They believe in their ideas, their team and themselves. Being confident helps them to focus on the issues at hand – not on their own issues.

What would our business world be like if we all thought more like entrepreneurs? What if we were more creative in our thinking? What if we took MORE responsibility for our work, for our relationships, for our own growth? How different would life look if we took risks and tried new things? What could we accomplish if we pushed through our fears and fully embraced our strengths?





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