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Implementation of an Entrepreneurial Mindset

In our two previous blogs, we talked about, ‘How Youth Entrepreneurship can Tackle Unemployment’ and  ‘Teaching Entrepreneurship in Schools’. In this third and final blog of the series, we are going to look at implementing an entrepreneurial mindset. This is possibly the most crucial aspect of being an entrepreneur: taking action.

An entrepreneurial mindset requires: 1. ‘Thinking’ and 2. ‘Taking Action’. You will be hit with mistakes, failures and set backs, but your mindset has to be prepared to bounce back and make sure that next time you achieve what you want.

To create the entrepreneurial mindset, surround yourself with and indulge in whatever it is you’re passionate about. Watch YouTube videos, TV programmes, read as much as you can on your passion and – in my opinion the most important task of all – network.

Networking takes some getting used to. You need to build up both an online and offline networking system. Twitter, LinkedIn, Facebook and other social media sites are a perfect platform for creating contacts around the world, if you use them efficiently. If networking online, constantly think about what you say because you are your own brand. It is crucial you know who you are and what you stand for in order to effectively create an online personal brand.

Networking in “real life” or “in person” is just as effective, if not more effective. Research what’s going on in your area, go and meet people. It’s scary at first, but lots of other people are doing exactly the same thing, and you will benefit from it, not just in terms of contacts, but in personal development, too. You’ll build up communication skills and confidence in no time.

Networking effectively can get you places you never thought possible. An old business adage goes like, “You’re never more than 7 people away from the most powerful people on the planet.” If you meet someone, who knows someone, who knows someone else, before you know it, you could be talking to a big decision maker.

So get out there and network!

We hope you have enjoyed my series of short blogs on entrepreneurship. If you have any questions or would like to talk with me more about ‘Tackling Youth Unemployment through Entrepreneurship’, then please feel free to contact us through our website or social media platforms.