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International Journal of Transformations in Business Management

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Abstract

Entrepreneurial Mindset: Conceptual Analysis and Effective Way for Profit Making

Dr. Suhasini Parashar

Associate Professor Department of Business Administration Maharaja Surajmal Institute, New Delhi

24-30 Vol: 13, Issue: 2, 2023
Receiving Date: 2023-03-15
Acceptance Date: 2023-05-18
Publication Date: 2023-05-19
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http://doi.org/10.37648/ijtbm.v13i02.002

Abstract

In an era of industrialization, an entrepreneur is a decision maker, where entrepreneur attempt to maximize profit. An entrepreneurial mindset is practice that keep at priority long term planning, enabling to face any problems and challenges with start-up a business. It shows having an open mind, keep in mind critical, analytical thinking, and being active times not favorable and looking for solutions. An entrepreneurial mindset becomes a set of skills helping people to identify and have opportunities, overcome problems and learn from setbacks, and succeed in a various situations. The entrepreneurial mindset successful with Curiosity, Connections, and Creating Value. A good entrepreneur is always open to new ideas and analysis focus on business to succeed and characteristics to cultivate. The focus of this article is to study the Nature, Entrepreneurship Theory: Behavioral Approach, Impact of factors on Entrepreneurship mindset and Opportunity Avail, Government policy and analyzing the effect of entrepreneurship mind set .

Keywords: Cultivate; Entrepreneurship; Mind; Opportunity

References

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  8. http://www.businessgovernmentpolicies.com
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