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ENTA Chapter 2

The document discusses the entrepreneurial mindset, emphasizing the importance of a growth mindset, self-leadership, and the development of good habits for opportunity recognition. It outlines key characteristics of an entrepreneurial mindset, such as curiosity, commitment, and ownership, as well as strategies for self-leadership and constructive thinking. Additionally, it highlights the process of opportunity recognition through alertness, prior knowledge, and pattern recognition in generating innovative business ideas.

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Cyrus Armamento
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0% found this document useful (0 votes)
18 views2 pages

ENTA Chapter 2

The document discusses the entrepreneurial mindset, emphasizing the importance of a growth mindset, self-leadership, and the development of good habits for opportunity recognition. It outlines key characteristics of an entrepreneurial mindset, such as curiosity, commitment, and ownership, as well as strategies for self-leadership and constructive thinking. Additionally, it highlights the process of opportunity recognition through alertness, prior knowledge, and pattern recognition in generating innovative business ideas.

Uploaded by

Cyrus Armamento
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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ENTREPRENEURUAL MINDSET 5.

LIVE LIFE TO GIVE – offer their time and


CHAPTER 2 - ENTREPRENEURUAL MINDSET AND resources for valuable cause
OPPORTUNITY RECOGNITION 6. ATTITUDE OF GRATEFULNESS – recognition
of all positives in every experience and be
MINDSET is a belief that qualifies like intelligence thankful
and talent are fixed or changeable traits 7. THE TIME IS NOW

FIXED MINDSET perceive that their talents and ENTREPRENEURSHIP AS A HABIT


abilities are set HABIT is an unconscious behaviour done often
and regularly. Good habits can be acquired using
GROWTH MINDSET trusts that traits can be “habit loop”.
changed, developed and strengthened by
working HABIT LOOP is a process wherein the brain makes
decision whether to store or repeat such
behaviour

THE SELF-LEADERSHIP HABIT the practice of


purposely influencing and controlling one’s
behaviour, actions, thinking and feeling.

THE CREATIVITY HABIT turning fresh ideas, insights,


inventions, products or artistic objects that are
considered to be unique, useful and of value to
others
ITS CHARACTERISTICS
THE IMPROVISATION HABIT the unstructured way of
CURIOSITY – understand things with new creating something in the absence of planning
standpoint
COMMITMENT – persist amidst problems SELF-LEADERSHIP NEEDS THEIMPLEMENTATION OF
OPTIMISM – hopeful in exploring its many learning THREE IMPORTANT STRATEGIES
opportunities
FLEXIBILITY – deal with a series of difficult situations, BEHAVIOUR-FOCUSED
solve problems easily and make progress from  enhancing self-awareness to manage
obstacles behaviours especially when delaing
OWNERSHIP – always trust that their success essential but not-so-good tasks
comes from their own ability  self-observation, self-goal setting, self-
LEADERSHIP – always guides, motivates and reward, self-punishment, self-curing
empowers his team
CONNECTION – creating network NATURAL REWARD
SELF-RESPECT – take care of both body, mind and  making every tasks enjoyable
spirit  by emphasizing the positive aspects

ESSENTIALS OF THE ENTREPRENEURIAL MIDNSET CONSTRUCTIVE-THOUGHT


 creating positive and productive means of
1. PASSION FIRST – starting businesses thinking
according to the entrepreneur’s passion  advantageous to the performance of
2. EVERYTIHING IS POSSIBLE – capable of entrepreneurs
accomplishing unexpected results
3. 100% ACCOUNTABLE – believe that they OPPORTUNITY RECOGNITION USING MINDSET
have the power to choose their response 1. OPPORTUNITY means to generate profits
to any circumstance by creating unique, innovative and
4. WE ARE CONNECTED – lead by helping desirable products or services and
other people to do their tasks and fulfil considering social value and
their dreams environmental value
2. OPPORTUNITY RECOGNITION is a process
by which individuals and businesses makes
use their entrepreneurial mindset in order
to establish new business or ideas
3. The right mindset when not utilized, would
mean missed opportunity.

HOW TO START WITH IDEAS

ALERTNESS, PRIOR KNOWLEDGE AND PATTERN


RECOGNITION

ALERTNESS
 refers to the ability to easily pinpoint
opportunities in the environment
 Island Souvenirs-Jonathan Jay Aldeguer

PRIOR KNOWLEDGE
 Is the information gathered from the
combined life and work experiences
 Dra. Belo’s Belo Medical Group-Victoria
Belo

PATTER RECOGNITION
 refers to identifying relationships between
seemingly isolated things or occasions
 Salt Lamp-Aisa Mijeno

FROM IDEA GENERATION TO OPPORTUNITY


RECOGNITION
IDEATE METHOD
 Identify problems that customers are trying
to solve, are spending money to solve
 Discover for ideas in problem-rich
movement
 Enhance the ideas and expanding to new
applications
 Anticipate change and analysing future
scenarios
 Target a particular mindset
 Evaluate whether the solution solves the
problem

115 DAYS UNTIL CHRISTMAS!!!

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