Entrepreneurial Mindset and

Resources for Idea Transformation

and Knowledge Pursuit

MARIA THERESA T. MIRANDA, LPT, MBA

INSTRUCTOR
 Learning Objectives
At the end of this lesson, you will be able to:
• Identify the critical thinking skills of an entrepreneur
• Explain why an entrepreneur should think critically
• Discuss the characteristics of an entrepreneurial mindset
Lesson 1 – Critical Thinking Skills of Entrepreneur

• Develop Critical Thinking Skills

• Skills in critical thinking bring precision to the way you think and work.
You will find that practice in critical thinking helps you to be more
accurate and specific in noting what is relevant and what is not.
Critical thinking involves the development of ancillary skills such as:

• Observation
• Analysis
• Reasoning
• Judgment
• Decision-making
• Persuasion
 Need for Critical Thinking
• One of the great things about critical thinking is its versatility. It is
valuable at all levels of our thinking.
• At the Level of Practical Decision Making. This is thinking about the
means to use to accomplish our goals. It is problem solving of the most
authentic kind. This is an important level of critical thinking, one that
addresses all those ordinary decisions we make.
 Need for Critical Thinking
• At the Level of Meaningfulness. Learning to think critically also helps
people deal with the much larger issues of living their life.
• At the Level of Concepts. We think in terms of concept, and these
inevitably shape our life to a considerable degree.
 Mindset
• It has traditionally been defined as “the established set of attitudes held by
someone.”
Fixed mindset Growth mindset
people perceive their talents and abilities as people believe that their abilities can be
set traits. They believe that brains and talent developed through dedication, effort, and
alone are enough for success and go through hard work.
life with the goal of looking smart at all time.
 The Mindset for Entrepreneurship
• Entrepreneurial mindset is the ability to quickly sense, take action, and get
organized under uncertain conditions. This also includes the ability to
persevere, accept, and learn from failure, and get comfortable with a
certain level of discomfort.
 The Mindset for Entrepreneurship
• The entrepreneurial mindset involves employing numerous cognitive
strategies to identify opportunities, consider alternative options, and take
action. Because working in uncertain environments “goes with territory”
in entrepreneurship, the entrepreneurial mindset requires constant thinking
and rethinking, adaptability, and self-regulation—the capacity to control
our emotions and impulses.
 Passion and Entrepreneurship
• In the context of entrepreneurship passion can be defined as an intense
positive emotion, which is usually related to entrepreneurs who are
engaged in meaningful venture or tasks and activities, and which has the
effect of motivating and stimulating entrepreneurs to overcome obstacles
and remain focused on their goals.
 Entrepreneurship as a Habit
• A Habit is a sometimes unconscious pattern of behavior that is carried out
often and regularly. Good habit can be learned through a “habit loop”- a
process by which our brain decides whether or not a certain behavior
should be stored and repeated.
THANK YOU
END OF LESSON 1