Idea Accelerator PreWork

Idea Accelerator
Pre-work
So, you’d like to be
an entrepreneur.
Or you’re considering a career in entrepreneurship. Or maybe
you’re just someone with a lot of great ideas. Whatever the answer,
welcome! You’ve been sent this resource as the pre-work for the
Idea Accelerator event that you’ve been invited to.
It’s an essential part of the programme designed to prepare you for

the event, so that by the time you attend, you’ll be equipped with
knowledge, ideas, and enthusiasm.
Welcome to the pre-work for the
Idea Accelerator workshop.
Let’s get started.

This workbook should take you around 30 minutes to complete.
During that time, we will work on:
2. Developing an entrepreneurial mindset
We hope that by the end of this workbook, you’re feeling inspired,

educated and empowered to start your journey as an entrepreneur
(as well as a little bit excited about attending the Idea Accelerator
workshop… if you aren’t already!).
When completing this workbook, try to write detailed answers in

full sentences - this’ll help you feel prepared for the big event.
Part 1:
Understanding the five-step
entrepreneurial process
What is it?
It’s simpler than it sounds! It’s basically a simple five-step process
that will take you through the stages of having a brilliant business
idea and turning that into something real and practical.
How do I use it?

At the Idea Accelerator event, we’ll dive into how to use each step
as we guide you through the process. So for today, just get your
head around what each stage means.
Why use it?

We know that turning dreams into reality can be daunting and
knowing where to start can be overwhelming. The five-step
process is here to give you a starting point. It offers a ‘next step’
for each stage of developing your business, so you can keep
moving forward in your entrepreneurial journey. It’s also here to
challenge you to think and work creatively, leading to new ideas
and capabilities.
1 Mindset 2 Discovery 3 Ideation 4 Iterate 5 Activate
Mindset is the This stage is all You’ve identified This is where The final
foundation of about finding a problem, you test and stage is about
entrepreneurial the problem. It’s it’s time to develop your pitching, gaining
thinking - it about tapping find solutions. new solution. Is it feedback and
matters. To into the issues This stage is what customers understanding
be successful, customers face about thinking want? Does it how to take your
you’ve got to and putting them creatively to work in the real business to the
have the right at the centre of generate ideas. world? next level.
attitude. your business.
Task: Make a quick note of each stage to

bring with you to the workshop –
we think you’ll find it useful!
Part 2:
Developing an
entrepreneurial mindset
To get ready for the Idea Accelerator, watch the video below and
complete the activity on the next page.
Finding the right Mindset
To start understanding your own mindset, have a go at this survey.
Answer the questions by circling the option that relates to you the most.
There are no right or wrong answers!
Your results:
70-84 = a strong growth mindset
42-69 = a growth mindset with some fixed ideas
28-41 = a fixed mindset with some growth ideas
0-27 = a strong fixed mindset
Growth mindset
Now that you’ve started to establish your own mindset, let’s think
about motivators for success. This is a really important part of
having a growth mindset and will help you establish what motivates
you to succeed.
What does success mean to you? What are the qualities of a successful
person?
What helps you to do your best?

I do my best when I am...
Thinking
Doing
Feeling
What motivates you? What demotivates you?

Consider a time when you’ve...
...responded negatively to a setback. ...responded positively to a setback.
What would help you to respond more positively when something doesn’t go well?
What are your future goals?
Try to think of three goals that relate to your future career. Remeber: success is far
more likely when work and personal aspirations align!
Growth mindset theory
So, you’ve started thinking about your own growth mindset.
Now we’re going to have a look at the theory behind it.
Follow this link and answer the questions below.
According to the text, what is the difference between a fixed

and a growth mindset? What makes these people successful?
What qualities do they have?
Name an entrepreneur who has demonstrated a growth mindset.
Re-write this fixed mindset statement so that it is

more reflective of a growth mindset: Plan A didn’t work.

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Idea Accelerator

It’s an essential part of the programme designed to prepare you for

Let’s get started.

During that time, we will work on:

2. Developing an entrepreneurial mindset

We hope that by the end of this workbook, you’re feeling inspired,

When completing this workbook, try to write detailed answers in

How do I use it?

Why use it?

Task: Make a quick note of each stage to

What helps you to do your best?

What motivates you? What demotivates you?

What are your future goals?

According to the text, what is the difference between a fixed

Name an entrepreneur who has demonstrated a growth mindset.

Re-write this fixed mindset statement so that it is

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