Learning outcome 3

Determine and assess the key aspects of an entrepreneurial mindset 

Entrepreneurial characteristics and mindset: 

  • Research on personal characteristics of entrepreneurs and small business owners. Different lines of argument relating to characteristics of entrepreneurs such as are entrepreneurs born or made? Or can characteristics be learnt and adopted by anyone? 

Skills set of the entrepreneur: 

  • The types of skills that typify entrepreneurs and how these skills differentiate from other organisation managers. 

Personal entrepreneurial tendency: 

  • Entrepreneurial characteristics and situational factors in a personal context, including family upbringing, lifestyle, cultural differences and personal motivation and drivers.