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What did Rachna do or think differently than others? Discuss it with your partner and record your findings
in your notebook. A manner of thinking or feeling about something is referred to as an attitude. It can be
positive or negative. Let us learn about entrepreneurs' positive mindsets/attitudes.
An entrepreneur's attitude is not the same as that of a salary earner. A wage earner must focus on his or her work
and not on the organisation. The entrepreneur, on the other hand, thinks and behaves in a different way. He/She
considers not only his/her own job, but also the work of the colleagues and the work required for the company's
success. After reading Rachna’s story, the attitudes of a successful entrepreneur are summarised as follows:
DECISIVENESS
Capability to make timely and beneficial
PERSEVERANCE judgments
Ability to persist in difficult situations
Successful ORGANISATIONAL SKILLS
Entrepreneur Ability to use time, energy, and resources
to achieve desired results.
INTERPERSONAL SKILLS
Ability to collaborate with others ENGAGING IN INITIATIVES
Capability to take the initiative and act in a
situation before others
4.9 ENTREPRENEURIAL COMPETENCIES
We will now learn about the qualities required for a person to develop an entrepreneurial mindset.
Competence is defined as the ability to perform something well. The following figure depicts the attitudes
and skills required to be a successful entrepreneur:
Decisiveness Initiative Interpersonal Perseverance Organisational
Skills Skills
Believe that
Know an action can Never Managing
Yourself be taken Listening give up Time
Identify Take that Positive Body
Opportunity action Language Hard work Setting Goals
Analyse the Positive Learn from Managing
opportunity Attitude failures quality and
efficiency
Problem Managing
Solving Stress
The journey to knowing our competencies begins with the knowledge of who we are. Every day we evolve
and change. We know what we like and what we don't. We make errors and then learn from them. It's vital
to pause and reflect on how we've evolved as humans through time. When we reflect on our lives, we may
be overly harsh on ourselves at times. We dislike it when we make mistakes and believe that we are unable
to do something because of them. In such situations, it is critical to remember to see ourselves through the
eyes of those around us. They might have good things to say about us. Let us learn about entrepreneurial
attitudes.
Entrepreneurial Skills-IV 109

