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Chapter 2

The document discusses the entrepreneurial mindset. It describes a growth mindset as believing abilities can develop through effort, in contrast to a fixed mindset. An entrepreneurial mindset involves perceiving opportunities, considering alternatives, taking action, and learning from failure. Cognitive strategies and metacognition help solve problems and understand thinking. Habits, passion, creativity, improvisation, and self-efficacy are also important aspects of an entrepreneurial mindset. Self-leadership strategies like goal-setting, self-reward, and self-observation can help develop an entrepreneurial habit and influence behavior.

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Lou Majerly LODRIGUITO
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11 views

Chapter 2

The document discusses the entrepreneurial mindset. It describes a growth mindset as believing abilities can develop through effort, in contrast to a fixed mindset. An entrepreneurial mindset involves perceiving opportunities, considering alternatives, taking action, and learning from failure. Cognitive strategies and metacognition help solve problems and understand thinking. Habits, passion, creativity, improvisation, and self-efficacy are also important aspects of an entrepreneurial mindset. Self-leadership strategies like goal-setting, self-reward, and self-observation can help develop an entrepreneurial habit and influence behavior.

Uploaded by

Lou Majerly LODRIGUITO
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Activating an entrepreneurial mindset

-self-goal setting- the process of setting individual


What is mindset? goals for ourselves
- established set of attitudes held by someone -self-reward- compensate ourselves when we
achieve our goals
2 types - self-punishment- examines our mistakes before
- FIXED MINDSET conscious effort not to repeat them
-perceive their talents and abilities as set traits. -self-cueing- process of prompting that acts a
-brains and talent alone are enough for success. reminder of desired goals and keeps your attention
-looking smart all the time on what you are trying to achieve
-GROWTH MINDSET
-abilities can be developed through dedication,
effort and hard work NATURAL REWARD STRATEGIES
-brains and talent are not the key to lifelong success - situations that motivates or get rewarded by the positive
aspects of the task
ENTREPRENEURIAL MINDSET
- the ability to quickly sense opportunities, take action, and CONSTRUCTIVE THOUGHT PATTERNS
get organized under certain conditions - models to help form positive and productive ways of
-persevere,accept and learn from failure thinking that can benefit performance
-get comfortable with a high level of discomfort

Cognitive strategies- techniques to use to solve problems CREATIVITY HABIT


-the capacity to produce new ideas, insights, inventions,
Entrepreneurial Mindset employs multiple cognitive products or artistic objects that are considered to be unique,
strategies useful and of value to others
- identify opportunities
-consider alternatives IMPROVISATION HABIT
-take action - the art of spontaneously creating something without
preparation
METACOGNITION
- ability to understand and be aware of how we think and the Improvisation Guidelines
processes we use to think - not just for actors or musicians
- no such thing as being wrong
-nothing suggested is questioned or rejected
Passion and Entrepreneurship -ideas are taken on board, expanded, and passed on for
further input
Passion- intense positive emotion -everything is important
- group activity
Entrepreneurship as a habit -trust the group will solve a certain problem
-listening closely and accepting what you’re give
Habit- sometimes unconscious pattern of behavior that is -about being spontaneous,imaginative, and dealing with the
carried out often and regularly unexpected
- good habits can be learned through habit loops
- a process where our brain decides The Mindset as the Pathway to Action
whether or not a certain behavior should - no entrepreneurship w/o action, the mindset is antecedent
be stored and repeated to action

Self- Leadership Habit ENTREPRENEURIAL SELF-EFFICACY(ESE)


- a process whereby people can influence and control their - belief that entrepreneurs have in their own ability to begin
own behaviour to achieve self-direction, self-motivation to new ventures
build their business enterprise -thought to be a good indicator of entrepreneurial intentions
as well as strong precursor to action
-3 main strategies -designed by researcher to assess the degree to which we
-behaviour-focused believe our actions are responsible for successful results
-natural reward strategies -measures the belief we have in our ability to carry out
- constructive thought pattern strategies difficult tasks, cope with adversity, persist in reaching our
goals, and recover from setbacks
BEHAVIOUR FOCUSED STRATEGIES
- methods to increase self-awareness and mange behaviors
-includes :
-self-observation- raises our awareness of the way
we behave in certain circumstances

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