What is an entrepreneurial mindset? How do I develop the mindset of an entrepreneur?

What is an entrepreneurial mindset?

Entrepreneurial Mindset: a way of thinking that enables decisiveness and the ability to overcome challenges, and accept responsibility for outcomes.

It is also characterised by a constant need to improve skills, learn from mistakes, and see ideas through to fruition.

An entrepreneurial mindset can be interpreted as a refusal to fear the possibility of failing. Instead, failure is seen as a success; providing a valuable learning opportunity, prompting new approaches and acting as in indicator that the idea or approach is not viable.

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What is a growth mindset? We hosted an event by Jamie McBrearty to find out

Before meeting Jamie I had heard of ‘growth mindset’. I knew it was something they were doing at schools in Dundee and it involved using the word, ‘yet’. When Jamie came to visit The Circle at the end of 2016 our CEO, Kirsty, invited him to come and do a workshop for the community to find out more. We invited our tenants, email list, local businesses and city charities and social enterprises to come along. Around 30 of us gathered yesterday so Jamie could share what it was all about and what work is being done in Dundee to implement some of the useful ideas.

Jamie is a Growth Mindset Manger employed by Leisure and Culture Dundee, working primarily in the Strathmartine Ward of Dundee but with responsibility for engaging with city-wide community groups. The Growth Mindset project started in education but is now being applied in many fields across the local authority. The national lead for Growth Mindset is Winning Scotland Foundation.

Jamie gave us an overview of the research of Carol Dweck, an expert in the field. Our mindset is a set of beliefs we have affecting how we think, feel and behave. There are two types of mindset but most people show an element of both to some degree.

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