Entrepreneurial Mindset
One important characteristic of a successful entrepreneur
What is innovative, resilient, or adaptability?
Entrepreneurs fall short in this area.
What is solving their customers problems?
Individuals who create ideas to solve pressing issues in the world.
What are social entrepreneurs?
Author of the book "All in Start Up?"
Who is Diana Kander?
In "Bootstrap Finance: The Art of Startups," this financial strategy helps entrepreneurs grow their businesses without large investments or loans.
What is Bootstrapping?
Famous entrepreneur who developed a new car brand focused on electric vehicles and sustainable energy
Who is Elon Musk?
Influence their outcome rather than letting their circumstances control their lives.
What is Locus of Control?
Two social entrepreneur's ideas we learned in class.
What are infant warmers and plastic bricks?
Successful Entrepreneur that mentored Owen, the protagonist.
Who is Sam?
Mark Suster’s blog post, humorously titled “Entrepreneurshit,” highlights this critical quality entrepreneurs need to navigate challenges and failures.
What is Resilience?
Important for believing you can improve skills through effort and learning.
What is growth mindset?
A decision should never be made from?
What is fear or anger?
An employee who is able to create a new idea/ business using the existing businesses resources.
What is an intrapreneur?
A problem that people have been unable to solve on their own.
What is a migraine problem?
This term describes entrepreneurs' focus on identifying problems and finding solutions, such as Kenny Kramm's innovation inspired by his daughter's struggle with bad-tasting medicine.
What is personal necessity?
Help entrepreneurs gain opportunities while minimizing potential downsides.
What is Calculated risk?
Questions asked before fully launching your business.
What are non leading questions?
In social entr., this refers to the continuous process of refining and improving a business model.
What is iteration?
Owen realizes, at this TIME, that he had made assumptions and needed to interview potential clients.
What is falling off the bike rental?
In "Why Personality Matters—in Politics and Business," these three traits are highlighted as crucial for leadership success.
What are emotional intelligence, integrity, and charisma?
Prioritizing execution over hesitation, which helps entrepreneurs quickly test ideas, learn, and make progress
What is "bias toward action"?
Types of hooks that grab people attention.
What are problem solving, questions, personal stories, statistics, effects, examples, and demonstration hooks?
Innovative public initiatives that help promote innovation and tackle governance issues.
What is Public Sector Entrepreneurship?
Bike share programs had a huge problem in purchasing bicycle fleets.
OR
Bike Share programs had a hard time finding suppliers for their huge bicycle fleets.
What is Owen's migraine problem?
The article "Managing Your Professional Growth" emphasizes this proactive strategy for career development, including building a strong network.
What is seeking new challenges?