Assignment front sheet

Learner name Assessor name

Date issued Completion date Submitted on

Tasks 1-5 – beginning of programme of
Beginning of programme learning, Task 6 – towards end of programme
of learning.
Qualification Unit number and title

Level 2 BTEC Diploma/Certificate in Understanding Enterprise

Unit 1: The Entrepreneurial Mindset
and Entrepreneurship

Assignment title Planning to be an Entrepreneur

In this assessment you will have opportunities to provide evidence against the following criteria.
Indicate the page numbers where the evidence can be found.

Criteria To achieve the criteria the evidence must show that

Task no. Page numbers
reference the student is able to:

Describe the mindset and skills needed by successful entrepreneurs to plan and run a
P1 1
business

P2 Describe how successful entrepreneurs manage risk 2

P3 Conduct skills audit of self identifying areas for improvement 3

P4 Describe how skills required for the business will be resourced 4

P5 Plan own personal development 5

P6 Review own progress against the plan 6

Prepare and maintain a personal development plan that addresses all current skills
M1 5
needed to be a successful entrepreneur

Prepare and maintain a personal development plan that addresses all current and
D1 5
potential skills needed to be a successful entrepreneur

Learner declaration
I certify that the work submitted for this assignment is my
own and research sources are fully acknowledged.

Learner signature: Date:

Assignment brief
Unit number and title Unit 1: The Entrepreneurial Mindset

Qualification Level 2 BTEC Diploma/Certificate in Understanding Enterprise and Entrepreneurship

Start date Beginning of programme of learning

Deadline Tasks 1-5 – beginning of programme of learning, Task 6 – towards end of programme of learning.

Assessor

Assignment Title Planning to be an Entrepreneur

The purpose of this assignment is to: enable you to describe the special qualities or mindset of a successful and entrepreneur and then to start to
develop these qualities yourself using a personal develop plan. This assesses work from learning outcomes ‘Know the mindset and skills required
to be a successful entrepreneur’ and part of ‘Be able to develop mindset and skills for business’

Scenario
This assignment is about you and the action you can take to develop an entrepreneurial mindset. It would be best if you can be honest about your
skills but also bear in mind that you can probably develop more skills than seem possible at the moment.

Task 1

Find out about the personal mindset and skills of two successful entrepreneurs. This could be through internet research, interviewing local
entrepreneurs or through reading books written by entrepreneurs. Now complete Table 1, in which you describe the skills and mindset needed by
successful entrepreneurs.

This task provides evidence for P1

Task 2

Starting your own business instead of looking for a steady job, taking out loans or spending savings on equipment and materials to start a business
all seem risky. Using the information from Table 1 to help you describe how each of your two entrepreneurs managed risk.

This task provides evidence for P2

Task 3

This is about conducting an audit of your own skills. To do this you need to gather information from
a reports written about you,
b) results from exams and other assessments,
c) feedback from people you have worked with
d) and any personality or careers profiling tools you have available.
Now use what you have found out to complete Table 2. You should now have an audit of your mindset and skills and you should have identified
the areas you need to develop to be a successful entrepreneur.

This task provides evidence for P3

Task 4

As part of this programme you are developing your ideas for starting your own business. Use Table 3 to list all the skills needed in your business
and to describe what you are going to do about finding these skills. This could be
a) using your own existing skills,
b) employing other people,
c) outsourcing some aspects of your business
d) learning some new skills yourself or
e) any other way of finding the skills needed that you can think of.

This task provides evidence for P4

Task 5
Next you need to develop a Personal Development Plan. To do this
you should

a) check you have identified all the mindset attributes and skills you will need.
b) draw up a Personal Development Plan
c) implement this plan over the course of your programme of learning.
d) Set dates when you will review the progress of your personal development plan. Your tutor may support you in this.

There is a form provided which you need to copy for each mindset attribute or skill area; however if you prefer you can develop your own form or
use one provided from another source.

This task provides evidence for P5

Include in your personal development plan all the skills you need to set up and establish your business in the early stages and also carry out the
planned actions and maintain records of doing so over the course of your programme of learning.

This task provides evidence for M1

Include in your personal development plan all the skills you are likely to need currently and in the longer term, say over five years, and also carry
out the planned actions and maintain records over the course of your programme of learning.

This task provides evidence for D1

Task 6
Read your Personal Development Plan and especially the records you have maintained of how the actions went and your overall progress. For
each Mindset Attribute and Skill describe
a) How well you did with the actions
b) What progress you have made with the mindset attribute/skill
c) Whether you are now ‘where you wanted to be’ with this mindset attribute/skill
d) Any further actions you are going to take to develop this mindset attribute/skill

This provides evidence for P6

Sources of information

Biographical books, articles and interviews featuring entrepreneurs and their mindset and skills.
Personality profiling tools.
Feedback from tutors, peers, employers and others who know you.
Books and websites on how to develop personal and professional skills.

This brief has been verified as being fit for purpose

Assessor

Signature Date

Internal verifier

Signature Date
Table One: Identifying Entrepreneurial
Mindset and Skills

Entrepreneurial Mindset
Name of Entrepreneur Name of first entrepreneur Name of second entrepreneur
Describe approach to risk When/how shown When/how shown
Describe determination When/how shown When/how shown
Describe other mindset attribute When/how shown When/how shown

Describe other mindset attribute When/how shown When/how shown

Skills of Entrepreneurs
Name of Entrepreneur Name of first entrepreneur Name of second entrepreneur
Describe skill When/how shown When/how shown

Describe skill When/how shown When/how shown

Describe skill When/how shown When/how shown

Describe skill When/how shown When/how shown

Describe skill When/how shown When/how shown

Describe skill When/how shown When/how shown

Table Two: Own Skills Audit

Mindset Attribute Feedback or Level of mindset Importance of Tick areas you

or Skill Area, e.g. evidence attribute/skill 5 = mindset need to develop
learning to take e.g. school report, high, 0 = low attribute/skill to to be a successful
risk of failing, own experience business 5 = entrepreneur.
web design skills high, 0= low.
Table Three: Skills Needed in Own Business

Required Skill Describe how skill could be supplied

Personal Development Plan – make copies for each skill/mindset

attribute identified.

Mindset e.g. Risking failure.

Attribute or Skill
Where I am now Often do not try to do things when I think I may not excel

Where I want to Willing to take risk of trying hard at something and failing
be
Actions to Enter a competition in something I have not done before e.g. pub quiz,
develop orienteering
skill/mindset
Date of action
and how it went
Action to Take the lead in a group activity at college
develop
skill/mindset
Date of action
and how it went

Action to Do some part-time work at selling where payment is by results

develop
skill/mindset
Date of action
and how it went

Overall progress
and date of
review.