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To explore the concept of the entrepreneurial mindset (or entrepreneurial spirit) and its contribution to entrepreneurial ventures, please explain the concept and examine the range of skills, characteristics and tendencies associated with it.
– Here you may want to consider types of skills that typify entrepreneurs and differentiate them
from other organisation managers, e.g. positivity, creativity and innovation, persuasion, tenacity and curiosity as the main sources of recognising entrepreneurial opportunities and generating business ideas. Also, the skills that can be taught to encourage an entrepreneurial mindset, e.g. valuing others, acceptance of failure, cultivating a positive attitude.
5. Provide critical evaluation of the similarities and differences in situational factors in a personal context of entrepreneurs, e.g. the influence of family upbringing, diverse cultural background, education and lifestyle, and how these relate to different lines of argument about development of entrepreneurial mindset. By comparing and contrasting different cases of real-life entrepreneurs, consider how and to what extent their backgrounds and experiences has influenced them.
– Here you may consider different perspectives relating to whether entrepreneurial traits and tendencies are part of the genetic makeup or learnt; or how diverse backgrounds and experiences can impact personal motivation and in turn foster or hinder entrepreneurship. You can consider the highly entrepreneurial traits of immigrants, for example.