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JIMINY SELF-HELP HANDBOOK 5

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from inside an organization . Intrapreneurs are expected to be self-motivated and take accountability,
to carefully use company resources as if their own, to become great leaders in the company and have a
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sense of ownership coming into work
But, as we have already highlight, having an entrepreneurial thinking means so much more than
starting and running a successful business. The entrepreneurial mindset or attitude, approach, mood
or “philosophy” is about a certain way of thinking and living: it is about the way we believe in ourselves,
seek motivation, encourage our own creativity, improve our skills, face challenges, take risks, build
relations, find solutions and accept responsibility for our actions. An person with entrepreneurial
mindset has the ability to view needs, problems and challenges as opportunities. Entrepreneurial
lifestyle is about being realist in an optimistic way and not being scared of new things and failure; it is
about exploring different ways to succeed and be satisfied; it is about looking for more opportunities
to feel happy and complete -in each person's own terms.

Characteristics of an Entrepreneurial Mindset
Most scientific studies and business articles focusing on the characteristics of an entrepreneurial
lifestyle and mindset highlight how people need passion and a lot of self-confidence to pursue their
goals and be effective despite the obstacles. To develop a successful entrepreneurial mindset, you also
need to think differently, ideally in an innovative way, to take calculated risks and make the right
decisions, for example knowing when and how to count on other people and ask for help. In case ones
actually runs a business, it is crucial knowing how to develop your network, how to communicate
effectively, how to find business mentors, how to choose and train your team and how to take
advantage of technology and new media.

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Based on various sources , these are some basic entrepreneurial characteristics, that even if someone
doesn’t have them right now, he/she can always develop them so as to improve the chances of success
in achieving his/her daily goals.

 Passion: people with a successful entrepreneurial mindset are passionate about their ideas, or
products or their goals in general, meaning that they can work on something repeatedly to
improve it without getting bored or giving up easily. Passion makes people able to view things
from a positive angle and preserve their faith in success against all the odds. Most of the times,
passion helps people find confidence and motivation when they are discouraged.
 Self-Confidence: Successful people also know that if they don’t believe in themselves, nobody
else will, therefore they rarely doubt about the success of their idea. However, we should not
confuse confidence with arrogance, which is in fact a recipe for isolation and failure. Being
confident means finding the balance between ego and modesty and can be revealed by the
way someone treats other people and talks about his/her plans and achievements. From
decisiveness to confidence, humility can keep people focused and centered.

3 Mays, Elizabeth (2016), “What’s an Intrapreneur, and How to Be One”, The medium, available online
https://medium.com/@theeditress/whats-an-intrapreneur-and-how-to-be-one-eba2af04269d
4 Mitchell, Will, “The 6 Types of Entrepreneurs: Which One Are You?”, Start Up Bros, available online
https://startupbros.com/entrepreneur-glossary
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5 The Lonely Entrepreneur (2018, July 23 ), “8 Remarkable Entrepreneur Characteristics That Create Success”,
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https://lonelyentrepreneur.com/entrepreneur-characteristics-success; Daisyme, Peter (2015, Aug. 24 ), “7
Characteristics of Successful Entrepreneurs”, DUE, available online https://due.com/blog/7-characteristics-of-
successful-entrepreneurs; Ashford University (2019), “9 Characteristics of the Entrepreneurial Mindset”,
https://www.ashford.edu/online-degrees/business/9-characteristics-of-the-entrepreneurial-mindset