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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Squaring The Circle

Squaring The Circle: To find the solution to a seemingly impossible challenge 

Join us for a series of webinars designed to provide third sector organisations with the relevant knowledge to find solutions to issues facing the sector today.
Throughout this series Kirsty Thompson, CEO of The Circle CIC, and a number of industry experts will deliver weekly sessions on funding, marketing, governance and more. 
 
These sessions will include an overview of the topic, an interactive activity and time for a Q&A session where the speaker can answer your burning questions. 

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Understanding funding for social entrepreneurs

For any business the ultimate goal is to become financially self-sustaining, and one way to achieve this is through investment and fundraising. At The Circle we adopt a ‘More Than Profit’ approach and encourage others to do so as well. Having a ‘More than Profit’ approach means that companies with a social impact should aim to be self-sustaining from doing what they do (e.g. the sales of its products and/or services) and should not be reliant on a single income stream.

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What Is The Circle Academy?

Here at The Circle, we’ve been thinking hard about how to distil down to it’s essence, exactly what The Circle Academy is, and what it can do for you and your business. It’s an informed, multifaceted approach to equipping social leaders with business skills, covering a plethora of topics.

You can find out more about The Circle Academy here, but with the second cohort of the Academy just around the corner, we thought we’d break down exactly what it is, and answer some of your frequently asked questions along the way:

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The Circle Academy: A Springboard For Social Entrepreneurs

Look at an individual’s drive to create change with innovative ideas and creative solutions, and it’s easy to see why social enterprise in the UK is booming. From establishing pay it forward schemes to facilitating social procurement, the number of entrepreneurs bringing businesses with an ethical focus into every sector and industry is incredible. There are so many success stories and individuals to champion that the challenges faced by social entrepreneurs are often overlooked.

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The Circle Academy secures funding for its 2020 cohorts

The Circle has received funding to support the delivery of The Circle Academy to a second cohort of aspiring ‘More Than Profit’ leaders. Funding has been contributed from The Rank Foundation as well as the George and Grace Thomson Fund. In addition to this, the candidates will also have the chance to pitch for up to £5,000 through national funders, UnLtd Scotland.

The Academy is a 12-week training programme for those interested in running an organisation with a ‘More than Profit’ approach. Individuals will benefit from 12 weeks of intensive training covering essential topics; mindset, business model, finance, legal, governance, people, social impact and sustainability through multiple income streams.  

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What needs to change for social entrepreneurs and charity leaders to truly make a difference?

An opinion piece by our Founder & CEO, Kirsty Thomson.

How often do social entrepreneurs get asked how much money they are really earning? Do we ever ask if their take home pay is enough to cover their bills?

Who is looking out for their welfare?

More than most start-up support organisations fixate on “social” objectives yet sit back and watch founders take £500 per month in salary. This is something that needs to end for founders who are investing everything in tackling social objectives with no one looking out for them.

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