ENTREPRENEURSHIP MINDSET:
Firstly, you may want to ask yourself what is mindset? Mindset simply can be described as how you think, feel, behave and believe about something. As discussed earlier on what is entrepreneurship? Entrepreneurship mindset can define as someone think, feel or behave about a particular business, product or other things in a manner that will generate an income. People with this mindset are highly of value in today’s world. A lot of people lack this mindset of turning skills or value they possess into their source of income.
ADVANTAGES OF HAVING AN ENTREPRENEURSHIP MINDSET
A lot of advantages and benefits of having an entrepreneurship mindset but most important ones will be listed and explained below.
Ø It’s a skill in demand
Ø Creativity
Ø Understanding the importance of planning
Ø Reduction in wastage
It’s a skill in demand: Many organization and companies out there, are looking and ready to hire those who possess this skill set and they are ready to pay them tangibly for their service. Yes some organization or companies are already having goods or services they produce, but they lack the knowledge of how to make those good and services resourceful.
Creativity: People who possess this entrepreneurial mindset are found to be very creative. Creativity can be defined, as the use of imagination or original ideas to create something. Their idea may totally differ from the original idea, in other to increase the sale of that product or services.
Understanding the importance of planning: Planning can be define as the process of making plans for something. People with entrepreneurial mindset value planning a lot as it is an important factor toward success.
Reduction in wastage: Does this actually bring wastage reduction? Yes, earlier we made mention that people who possesses this mindset are very creative, which may include turning unwanted or degraded substances into useful and valuable products and doing that help reduce wastage.