The Mindset of the Entrepreneur

This presentation discusses the mindset of the entrepreneur and how it affects their daily operations and performance. Learn about the characteristic traits and skills of successful entrepreneurs like Mark Zuckerberg and Elon Musk, as well as the motivational drivers and aspects of the entrepreneurial personality. Explore the influence of background and experience on entrepreneurs and whether they are born or made. Gain insights into the importance of having a positive mindset and motivation for success in the marketplace.

THE MINDSET OF THE
ENTREPRENEUR

TABLE OF CONTENTS
 INTRODUCTION
 MAIN BDOY
 CONCLUSION
 REFERENCES

INTRODUCTION
 The mindset of the entrepreneur is basically mentality and motivation of
an entrepreneur which affects its daily operations and activities.
 Currently most entrepreneurs’ mindset is to gain huge profit margins in
market place by providing their exclusive products and services.
 The success of an entrepreneur always depends on its mindset, that’s
why each entrepreneur currently tries to maintain positive mindset to
systematically deal with negative factors and elements of the business
environment.
 This presentation discusses the mindset of the entrepreneur.

MAIN BODY
 Entrepreneur Mindset
 The entrepreneur mindset is basically certain method of thinking.
 The mindset is also considered as the business mentality of an entrepreneur
which motivates it for earning excellent profit in market place by providing
different products and services.
 An entrepreneur has always required to make its mindset very positive to
avoid different negative factors and elements in market place.
 A positive mindset helps to entrepreneurs for achieving very positive
outcomes in different segment of market.

CONTINUE….
 The Characteristic Traits and Skills of Successful Entrepreneurs
 Characteristic traits and skills of Mark Zuckerberg
 Mark Zuckerberg is the founder of Facebook company, and that’s why he is
very successful entrepreneur.
 Facebook is one of the largest business organisations in the world.
 Characteristic traits
 Mark Zuckerberg is very humble, and this the first characteristic trait.
 He always talks with its stakeholders in very polite manner, and that’s why its
various main stakeholders, like; employees are very satisfied with him.

CONTINUE….
 Characteristic traits and skills of Elon Musk
 Elon Musk is founder of Tesla motors which specialised in producing electric
vehicles.
 Characteristic traits
 Self-discipline is the main trait of Mr. Musk that enables him for achieving excellent
outcomes.
 He is very passionate for his business activities and operations.
 Skills
 Time management skill of Elon is very excellent that helps him to complete different
tasks on time.

CONTINUE….
 The motivational drivers of successful entrepreneurs
 Making an exclusive and different range products and services is one of
main motivational drivers of successful entrepreneurs.
 Believe of always maintaining brand value of own business very higher in
market is another key driver of motivation.
 Wealth is another key motivational driver for them.

CONTINUE….
 Aspects of the entrepreneurial personality reflect entrepreneurial
motivation and mind-set
 Aspects of entrepreneurial personality fully reflects motivation and
mindset of entrepreneurs, because when an entrepreneur has very positive
personality, in which its mindset and motivation will also be very positive.
 On the other side, if any entrepreneurial personal conducts unethical steps
for earning profit, then its mindset and motivation can be automatically
negative.
 That’s why each entrepreneur has to maintain its personality very
effective.

CONTINUE….
 Are entrepreneurs born or made
 When a person born in that family where most family members
are business minded and run different enterprises, then the mindset
of that person automatically motivate it to be an entrepreneur.
 On the other side, entrepreneurs made in that condition, when any
person create or innovate new exclusive service and product by its
innovation skill.
 Personal motivation is very necessary for becoming a very
successful entrepreneur.

CONTINUE….
 How background and experience influences entrepreneurs
 Background and experience always influence entrepreneurs, because an
entrepreneur always work according to its personal experiences and background
for not repeating such things which can negatively affect its daily operations.
 Personal background is key is the aspect in entrepreneurship career, because
when any person belong to entrepreneurs’ family, then it can simply become a
very successful entrepreneur in market place.
 Local entrepreneur: Local entrepreneurs are basically known as such
entrepreneurs who enables to run their business operations only in the local
market segments.

CONCLUSION
 On the basis of above findings, it can be concluded that mindset and
motivation aspects always affect daily operations and performance of
entrepreneurs.
 Mainly these aspects decide whose entrepreneur will be a very successful
and who’s not.
 Basically, an entrepreneur should have very positive mindset and
motivation for gaining huge success in market place.

REFERENCES
 Books & Journals
 Alderete, M. V., 2017. Mobile broadband: A key enabling technology for
entrepreneurship?. Journal of Small Business Management. 55(2). pp.254-
269.
 Brown, R. and Lee, N., 2019. Strapped for cash? Funding for UK high
growth SMEs since the global financial crisis. Journal of Business
Research. 99. pp.37-45.
 Henry, C., Foss, L. and Ahl, H., 2016. Gender and entrepreneurship
research: A review of methodological approaches. International Small
Business Journal. 34(3). pp.217-241.
 Ramadani, V., and et.al., 2020. Organizational Mindset of
Entrepreneurship. Springer.