Skip to main content

Entrepreneurial Mindset - these are the characteristics that successful people have in common

All successful entrepreneurs, however different they may be, have one thing in common: their way of thinking. They have an attitude that will help them achieve their goals. However, not all entrepreneurs are born with an entrepreneurial mindset. In fact, many entrepreneurs are changing their minds and becoming game changers as a result. But what exactly are the special features of this way of thinking and how can you also achieve the entrepreneurial mindset?

What is an entrepreneurial mindset?

The entrepreneurial mindset is a way of thinking that makes it possible to master challenges, act decisively, and take responsibility for results. There is a constant need to improve skills, learn from mistakes and continuously work on ideas. Anyone who is willing to work on their characteristics can develop an entrepreneurial mindset.

How to develop an entrepreneurial mindset

There are certain characteristics of an entrepreneur that determine how he thinks and acts. While there is no entrepreneurial gene that successful people are born with, what is certain is that entrepreneurs think and act in similar ways. You have an entrepreneurial mindset. With these characteristics, you too can achieve such a mindset:


To be successful as an entrepreneur, you need to acquire the ability to look at a problem or situation objectively, evaluate all available data and make a confident decision. Your ability as a decision-maker will determine your future success.

On the contrary, indecision is one of the biggest causes of business failure. If you can't decide what to do, hesitate to act. In other words, you don't do anything. Think how many dreams (and businesses) have been destroyed by inaction.


It is important that you get used to the uncomfortable feeling of being outside of your comfort zone. Whether it's going on stage to give a speech, launching a product, or learning how to start a blog, we tend to mistakenly assume that others have always been good at it.

These people were not born knowing how to speak confidently, how to bring successful products to market, or how to write great books. You weren't born knowing how to be an entrepreneur either. You learned it, and so can you. The difference between success and failure in something is often a matter of being confident.


The biggest challenge to the entrepreneurial mindset isn't a failure, the economy, or bad ideas. It is doubts about ourselves, about our surroundings, and about our abilities. Self-doubt destroys many dreams long before external factors come into play.

Most people are afraid of making their dreams come true. If they do, they will turn back at the first trouble because they are convinced they don't have what it takes. This is why it is so important that your mindset is right from the start. Being an entrepreneur begins with the feeling inside you - the entrepreneurial spirit that you need to nurture and optimize.

Whether you are an employee looking to advance your career, a 9-to-5 worker learning how to become a freelancer, or a founder and CEO of your own company, if you master the entrepreneurial mindset, you will achieve more goals than you ever imagined.


The entrepreneurial mindset is created by taking responsibility for your actions and your results. As Harvard Business Reviews reports, "More ambitious CEOs take personal responsibility when things go wrong and they give collective appreciation when things go well."

The moment you start taking responsibility, you will stop focusing on problems. Instead, you will only work to find solutions that create a positive work environment in your company. That's why all the more ambitious CEOs take full responsibility when things go bad. Responsibility is a must to adopt an entrepreneurial mindset. This applies to both CEOs and employees. From that moment on, you must take responsibility for everything in your life and hold yourself accountable for it.


As an entrepreneur, you need to learn how to deal with making mistakes and failing. They are inevitable and a part of your growth. If every misstep throws you into self-doubt, you need to change the way you view mistakes.

This change in mindset requires resilience and is fundamental to the entrepreneurial mindset. Success seldom happens in a straight line. Taking the wrong turn and making mistakes is something that happens to everyone. “The only people who don't make mistakes are those who do nothing at all,” you hear again and again in this context.

Resilience is not only helpful in dealing with catastrophic failures. It's a way of dealing with the small, simple decisions you've made that didn't turn out well. Resilience enables you to regularly rethink, act and move or make small corrections along the way.


Humility connects all characteristics of entrepreneurship. From determination to confidence, humility will keep you focused and centered. From accountability to resilience, you'll keep moving forward despite failures, mistakes, and inconveniences.

Along with humility comes coachability, the ability to be coached. If you want to achieve great things in life you must be willing to learn from others. To do great things you have to grow. To grow you have to learn. No matter what you're trying to achieve, someone has done it before you. Thinking like an entrepreneur means looking for mentors who are already where you want to be - and who have the modesty to accept their leadership.

Be Benevolent

Do you feel threatened by the success of others? If so, then you should definitely work on it. Successful people with an entrepreneurial mindset celebrate the success of others with the same enthusiasm as their own achievements.

Why should you celebrate the success of others? You will feel a surge in joy and positivity that leads to more optimism.

People respond positively when they see that you are genuinely happy for them. Therefore, celebrating the success of others builds a good network. Attending others' success parties will also awaken your willpower to succeed.


The path to success is seldom easy for an entrepreneur. When you have made up your mind to embark on the journey, there will be many obstacles in your way. The real sign of a really entrepreneurial mindset is to keep the focus on your dream. Mark Zuckerberg and Jeff Bezos have all had tough times. It is their dreams that have kept them focused. People with an entrepreneurial mindset try to achieve their dreams no matter how difficult the situations are.

Famous Brazilian author Paulo Coelho said, "And if you want something, the whole universe conspires to help you achieve it." Instead of complaining that you don't have enough resources, not enough time, or other essential things focus your energies on what is available and try to work accordingly. Thinking big will build your willpower and help you develop a real entrepreneurial mindset.

Final words: Entrepreneurial thinking is the basis for success

Entrepreneurial thinking and the right mindset do not require an MBA or millions of dollars in capital. In fact, you can get everything you need to become an entrepreneur in less than a week. An entrepreneurial mindset is a must for long-term success. Actions, like celebrating the success of others, thinking big, taking ownership, and always focusing on your dream, can help you be a successful entrepreneur. Anyone can learn to act like an entrepreneur and acquire the habits that are critical to success. Start changing your mindset too.

You just have to be willing to make mistakes, accept failure, be open to new things, and leave your comfort zone properly. Unfortunately, prosperity and freedom do not fall from the sky, and nobody has bought a castle with a salaried employee.

On the other hand, real freedom is even a decision away. Dare to take the step and don't give up even if the road seems long and success seems far away - it's worth it.


Popular posts from this blog

8 Ways Women Entrepreneurs Can Use Crowdfunding Successfully(Forbes)

It takes money to make money, as the saying goes. For female entrepreneurs, that money can be elusive when starting a business or trying to grow one. As Linda Abraham — a serial entrepreneur, angel investor and start-up board member — told me a few months ago when I asked her to name the biggest hurdle for female entrepreneurs: “Raising capital. I am sorry to say that, but it’s true.”

Things you need to know about Startup Funding Rounds | Infographic


Video Conferencing Etiquette- practice it for your next call