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Experiential Learning
Video Session
Scan the QR code or visit the following link to watch the video: Entrepreneurial Values
https://www.youtube.com/watch?v=t1CPKGj7aP0
After watching the video answer the following question:
What are the values of an entrepreneur? Give any two examples.
Attitude of an Entrepreneur
Attitude is the tendency to react in a certain way to a certain idea, object, person, or situation. An entrepreneur's attitude
influences his choice of action when running a business. An entrepreneur should possess the following attitudes to be
successful:
Belief in Self
Focus on Attitude Decision Making
Customer
Responsibility
Problem-Solving
Problem-solving is a thought process through which an entrepreneur can come up with multiple solutions to improve
his business. The process begins by first recognising the problems. After understanding the problems, there are many
ways that an entrepreneur can solve them. An entrepreneur faces many problems or challenges. It's the ability to tackle
them that makes an entrepreneur special. Let us discuss some of the ways most entrepreneurs use to solve problems.
Creativity
Creativity means to come up with ideas that others have not thought of before. Creativity does not mean being artistic
or being good at drawing. An entrepreneur has to believe that he can think of new ideas to solve a problem.
Innovation
Innovation means coming up with new ideas and finding ways to implement them. The difference between creativity
and innovation is that creativity involves only thinking about new ideas, but innovation is also about finding ways to turn
those ideas into reality.
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