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Ma. Christina L. Abrahano, Mba

The document discusses the entrepreneurial mindset and characteristics. It covers several learning objectives: describing entrepreneurial competencies an entrepreneur should possess; assessing the personal characteristics of successful entrepreneurs; defining the themes that characterize their mindsets and actions; and discussing myths about entrepreneurship. The document provides insights for aspiring entrepreneurs by outlining competencies like opportunity recognition and adapting to change. It also discusses major themes like commitment and debunking myths such as entrepreneurs not having personal lives or formal training.

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mary joelle morales
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133 views15 pages

Ma. Christina L. Abrahano, Mba

The document discusses the entrepreneurial mindset and characteristics. It covers several learning objectives: describing entrepreneurial competencies an entrepreneur should possess; assessing the personal characteristics of successful entrepreneurs; defining the themes that characterize their mindsets and actions; and discussing myths about entrepreneurship. The document provides insights for aspiring entrepreneurs by outlining competencies like opportunity recognition and adapting to change. It also discusses major themes like commitment and debunking myths such as entrepreneurs not having personal lives or formal training.

Uploaded by

mary joelle morales
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 PDF, TXT or read online on Scribd
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MA. CHRISTINA L.

ABRAHANO, MBA
TOPIC 2: The Entrepreneurial Mindset

LEARNING OBJECTIVES:
✓ Describe the various entrepreneurial competencies
that an entrepreneur should possess.
✓ Assess the personal entrepreneurial characteristics
of successful entrepreneurs.
✓ Define the major themes that characterize the mind-
sets, attitudes, and actions of successful
entrepreneurs.
✓ Discuss different myths and realities about
entrepreneurship that provides insights for aspiring
entrepreneurs.
LO6: Describe the various Entrepreneurial Competencies
(Characteristics) that an Entrepreneur should possess.
LO6: Describe the various Entrepreneurial Competencies
(Characteristics) that an Entrepreneur should possess.

Entrepreneurial competencies are important in many


ways. They facilitate opportunity recognition, help
adapt rapidly to changes, enhance business
performance, strengthen the firm’s competitive
position, and ultimately, stir the achievement of
organizational success.
Entrepreneurial Competencies are the sum total of
the personality, skills and knowledge that an
entrepreneur possesses, which is necessary to
effectively perform their functions and
responsibilities.
Please click
LO7: Assess the personal entrepreneurial characteristics of
successful entrepreneurs
LO9: Define the major themes that
characterize the mind-sets, attitudes,
and actions of successful entrepreneurs
There’s nothing wrong with being
an employee.
Personally, I find entrepreneurship
more rewarding – but it’s not for
everyone.
Being an entrepreneur takes
commitment.
Once you start your business, it
takes just as much effort to keep
up and running.
If you’re on the fence about
building a startup company, take a
look at some of the myths and
misconceptions about
entrepreneurs.
Then you can make a more
informed decision about your
future.
LO9: Discuss different myths and realities about entrepreneurship that provides insights for
aspiring entrepreneurs.
LO9: 10 Myths About Entrepreneurs That You Should Know Before You
Start Your Business

Myth #1: Entrepreneurs don't Myth #6: Anyone can be an Entrepreneur


have a personal life.
Myth #7: Entrepreneurs have formal
Myth #2: Entrepreneurs take lots of risks. training and education
Myth #3: Entrepreneurs are only motivated Myth #8: Entrepreneurs are young
by money.
Myth #9: Entrepreneurs don’t quit until
Myth #4: Entrepreneurs raise money from they succeed
venture capitalists.
Myth #10: Entrepreneurship is genetic
Myth #5: Entrepreneurs have great ideas

Please click the link to see the full details of this passage.
https://neilpatel.com/blog/myths-about-entrepreneurs/
This One Habit Will TRULY Change Your Life
(Animated Story)
References
Textbooks
Dallago, B., & Tortia, E. (2018). Entrepreneurship and local economic development: A comparative
perspective on entrepreneurs, universities, and governments. Routledge.
D ‘Andria, A., & Gabarret, I. (2017). Building 21st century entrepreneurship. John Wiley & Sons.
Michaud, T. (2017). Innovation, between science and science fiction. John Wiley & Sons.
Scholz, T. M. (2017). Big data in organizations and the role of human resource management: A complex systems
theory-based conceptualization. Peter Lang Gmbh, International Verlag Der Wissenschaften.
Marcolongo, M. (2017). Academic Entrepreneurship: How to Bring Your Scientific Discovery to a Successful
Commercial Product. [VitalSource Bookshelf]. Retrieved from
https://bookshelf.vitalsource.com/#/books/9781118858967/
References
Online Journals
Birkinshaw, J. (n.d.). Entrepreneurial mind-set in multinational corporations. Next Generation Business
Handbook, 773-792. https://doi.org/10.1002/9780470172223.ch45
Brännback, M., & Carsrud, A. (2017). Revisiting the entrepreneurial mind: Inside the black box.
International Studies in Entrepreneurship, 1-9. https://doi.org/10.1007/978-3-319-45544-0_1
Carsrud, A., Brännback, M., Elfving, J., & Brandt, K. (2017). Motivations: The entrepreneurial mind and
behavior. International Studies in Entrepreneurship, 185-209.
https://doi.org/10.1007/978-3-319-45544-0_13

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