An entrepreneurial mindset is a set of beliefs, thought processes, and ways of viewing the world that drives entrepreneurial behavior. Typically, entrepreneurs firmly believe it’s possible to improve their life situation and live life on their own terms. They also believe in their ability to learn, grow, adapt, and succeed.
The mindset of successful entrepreneurs is different from the mindset of traditional workers in many ways.
For example, if a traditional worker needs to earn more money, they’ll often brush up their resume and look for a better paid job. However, someone with an entrepreneurial mindset would look for ways to earn money by starting or growing a business.
Therefore the kind of mindset an entrepreneur should equipped himself in the COVID-19 period are :
This is one of the most important aspects of the entrepreneurial mindset.
Entrepreneurs don’t follow the crowd or look to others to be given instructions. Instead, they listen to their gut and carve their own path.
As Apple’s founder, Steve Jobs, said, “Don’t let the noise of others’ opinions drown out your own inner voice.”
The independent mindset of successful entrepreneurs stems from taking full responsibility.
Entrepreneurs don’t blame others for their life situation — they empower themselves by taking responsibility for improving it.
Failure, success, life circumstances — it doesn’t matter what it is. Even if something isn’t your fault, by taking responsibility for it, you’re empowered to improve it.
Entrepreneurs look for problems and try to find ways to solve them.
If you think about it, this is the essence of every business. For instance, plumbers fix broken pipes, Netflix cures boredom, and car manufacturers help people get around.
Brian Chesky, the co-founder of Airbnb, said, “If we tried to think of a good idea, we wouldn’t have been able to think of a good idea. You just have to find the solution for a problem in your own life.”
Great businesses require teamwork — after all, Jeff Bezos didn’t build Amazon alone. So, if you want to think like an entrepreneur, you need to think in terms of “we” instead of “I.”
There’s an African proverb that says, “If you want to go fast, go alone. If you want to go far, go together.”
As a result, successful entrepreneurs think collaboratively and practice their leadership skills.
Driven and Tenacious
Drive is an essential part of the entrepreneurial mind. Entrepreneurs are self-motivated and driven to achieve their goals. They work hard and enjoy the ride, knowing that they’ll reap the rewards down the line.
The entrepreneur Mark Cuban said, “It’s not about money or connections. It’s the willingness to outwork and outlearn everyone when it comes to your business.”
Similarly, entrepreneurs set out to achieve their goals come hell or high water. When the going gets tough, they stick with it — they don’t give up.
As Henry Ford, founder of Ford Motor Company, said, “When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.”