Implementing an Entrepreneurial Mindset

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In my previous two blogs, I have talked about, ‘Tackling Unemployment through Youth Entrepreneurship’ and the ‘Importance of Teaching Entrepreneurship’. In this third and final blog, I’m 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. I once remember my old business teacher telling me, “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!

I 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 me through my website or on Twitter.

By Grant Ridley Twitter: @grantridley

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