Our mission is to provide you with a simple to understand and easy to use definition of the entrepreneurial mindset. Therefore, we use a mnemonic of the word MINDSET, where each letter corresponds to 1 essential entrepreneurial behaviour. For example, [M] Meet real needs.
Our MINDSET mnemonic is based on a systematic analysis of published research and professional practice. It provides a practical definition of the mindset which can be applied in a variety of work sectors and personal circumstances. It is a positive and robust way of working, not wishful thinking.
The MINDSET mnemonic is a straightforward way of giving you a quick grasp of what the entrepreneurial mindset is all about. You should find it easy to remember and it will quickly help you to recall your 7 essential entrepreneurial behaviours. It is a framework that makes the most of what you already know.
The 7 behaviours can be considered individually and also in combination. They stand alone and reinforce each other, giving a coherent and robust definition of the entrepreneurial mindset. Use the mnemonic to reflect on your current behaviours and be inspired to take action!
The mindset is a set of 7 essential behaviours that lead to successful outcomes for individuals. Anyone can benefit from having an entrepreneurial mindset. You don't need to be running your own business to gain the benefits of the entrepreneurial mindset. It can help you at any stage in your life and your career.
With the wrong mindset you will probably be unable to see how your life could change for the better. With the right mindset you will be clear about what you want to do in life and see the path to achieving your goals. You will feel empowered and motivated, even in difficult times.
It's a myth that only some people can have an entrepreneurial mindset. Our Network will help you to not only understand the definition of the mindset but also to develop its CHARACTERISTICS. We can help you on the path to achieving your goals by showing you how to think and act like an entrepreneur.
Learning and personal development are important ideas in the entrepreneurial mindset and also the 'growth mindset'. However, only the entrepreneurial mindset offers the additional benefits which come from innovation, ethical behaviour, risk taking, selling and productivity.
The 7 essential behaviours of the entrepreneurial mindset bring benefits to individuals and also to teams. When each member of a team has the right mindset, the performance of the whole team improves. With the wrong mindset, teams can struggle to rise above business as usual.
With the right mindset, every person can play their part in creating success for their team. The mindset helps a team to focus on the real needs of their customers. The mindset drives innovation and the creation of new products & services.
Leaders can play their part by role modelling the 7 essential entrepreneurial behaviours to the members of their team. The leader can help each member of the team to make good use of the entrepreneurial mindset e.g. by showing how to use calculated risk taking to generate new opportunities.
There is a wealth of expertise, gathered from an understanding of entrepreneurship and start ups, that can help teams to quickly start to make good use of the entrepreneurial mindset. The Network uses this information to provide expert advice and help people to develop the CHARACTERISTICS of the entrepreneurial mindset.
Why do organisations need the entrepreneurial mindset? In too many organisations, employees have become demotivated and disillusioned. As a result they hold back. They no longer give their best. The ambition of the entrepreneurial mindset is to release all this untapped human potential.
The mindset has the potential to be a powerful force for change in a wide range of organisations. The mindset offers a smart blend of bottom-up and top-down processes, whereby changes in the behavioural norms of individuals and teams, combine to transform the organisational culture.
Experience shows that it is easy to start up entrepreneurial projects in an organisation but it is much harder to scale up an entrepreneurial approach to the whole organisation. It is a sobering lesson that there is a limit to what can be achieved by 'lone champions' who are trying to influence their organisations to become more entrepreneurial.
The Network has the advantage of being able to draw on an international pool of experts and practitioners, who are helping to find practical ways to transform organisations by scaling up entrepreneurial approaches. We offer expert advice and consultancy to help organisations along this entrepreneurial journey.
Change your mindset, change the world.
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