Important Entrepreneurial Mindset for Businesspeople

In a pandemic situation, shocks to the economic sector have a big impact on daily life. This is certainly not something that can be predicted, so strategic steps are needed to get the wheels of the national economy moving again.

Behind the sluggish economic activity occurring in various regions, there is still hope that economic recovery can be realized. It is believed that the spirit of entrepreneurship that is manifested in the people's economic efforts of Micro, Small and Medium Enterprises (MSMEs) can play an important role in efforts to achieve sustainable development.

Through creativity and productivity, entrepreneurs are expected to be able to contribute to boosting the economy and reducing unemployment in society. There are many references that can be studied and applied regarding business opportunities during the pandemic.

Careful planning will certainly pave the way for the smooth running of your business. As Benjamin Franklin said, By failing to prepare you are preparing to fail. The following is an entrepreneurial mindset that you must have and will lead you to success.

1. Have a big vision and mission

Vision and mission are very essential things for every business. When observing a company, you can find the vision and mission it wants to achieve. Likewise with an entrepreneur.

Reporting from Futuready, vision and mission can pave the way for every goal in the future. Apart from that, this will also help you in determining work standards and foster a sense of responsibility towards work. An entrepreneur who is visionary and also responsible can be seen from the way he formulates the vision and mission.

2. Dare to take risks

Could Mark Zuckerberg have thought that the business he started in 2004 would grow to be as big as it is now? Of course, there are many risks of failure and errors that may occur during the process.

Basically, no one can predict what will happen in the future. Therefore, an entrepreneur must be able to get used to living surrounded by risk.

Entrepreneurs will run their businesses or businesses based on their own strategies and ideas. For this reason, a primary role and responsibility is needed in determining what strategic steps he will take.

A pearl cannot be easily obtained. Likewise, when running a business, you need to have the courage to dive into a world full of challenges until you find the best reward for you.

3. Action oriented

When you are an entrepreneur, there are times when you cannot depend on other people. In conditions like this, strong will and motivation are needed to encourage us to move towards achieving the goals we hope for.

Often, you will be faced with various ideas that pop into your head. However, the important thing we need to do next is how we can realize these brilliant ideas through a series of concrete steps.

4. Keep learning

Everyone lives in a world full of uncertainty and dynamic. Therefore, an entrepreneur should not be complacent about the abilities he already has. There needs to be a willingness and motivation to continue investing in yourself by honing your skills and broadening your horizons.

Having an attitude of wanting to continue learning and improving yourself is one of the strengths of an entrepreneur. This will lead you to various ideas and innovations that you might not have thought of before. You can get it through reading books, having lots of discussions with colleagues, and doing experiments to gain experience.

5. Not afraid to fail

An entrepreneur must also have the courage to take risks and fail. Sometimes even the best-laid plans don't work as expected. Therefore, the failure you face should not simply discourage you or even make you lose your enthusiasm.

Failure for an entrepreneur must be a lesson that makes you more observant and mature in developing strategies to achieve your goals. Failure can be an experience so you don't make the same mistake again.

Most of the businesses that have emerged in Indonesia are family businesses. Unfortunately, few businesses continue across generations. For this reason, Prasmul Eli also designed the Family Business: Next Generation program as a reliable partner for the pioneering generation so they can become the family's successors.