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• Recognising social needs and flaws.
• Creating innovative concepts that alter the market environment.
• Putting attention on innovation, ongoing development, and adding value.
• Offering fresh, improved answers to the issues at hand.
• Creating sustainable business models and assessing the venture's economic viability.
Some skills to develop an entrepreneurial mindset
You don't have to be born with an entrepreneurial mindset, it is an ability that can be developed
over the years, with effort and hard work. That is why there are now many training courses on this
subject.
Here are some important qualities of the entrepreneurial mindset:
• Risk-taking: Entrepreneurs are willing to take calculated risks and step out of their comfort
zone. They are willing to accept failure as part of the entrepreneurial process and see risks
as opportunities to learn and grow.
• Entrepreneurs are active and proactive people. They take the initiative to initiate projects,
generate ideas and take action. They are willing to devote time and effort to achieve their
goals.
• Creativity and innovation: Entrepreneurs are creative and innovative. They can come up
with innovative and disruptive concepts, find creative ways to solve problems and challenge
the status quo. They are constantly looking for new ways to improve and do things.
• Opportunity orientation: Entrepreneurs can find commercial opportunities in the market.
They can find areas that have not yet been covered, recognise unmet needs and devise
solutions that take advantage of those opportunities.
• Entrepreneurs can withstand and overcome difficulties. Because of their resilient and
persistent attitude, they can stay focused on their goals despite the challenges and setbacks
they may encounter along the way.
• Strategic thinking: Entrepreneurs can plan for the long term. They have the ability to set
clear objectives, create action plans and make informed decisions to help them reach their
goals.
Project: GameON - 2021-1-ES02-KA220-YOU-000028541 10