An Entrepreneurial Mindset: What’s in It for You?

eHub uOttawa
4 min readJul 6, 2021

Diving into entrepreneurship can be tricky. Today many of us aspire to become entrepreneurs or more entrepreneurial, but fail to turn our ideas into reality. Sometimes, this is due to lack of skills in the field or lack of knowledge in entrepreneurship.

In this article, I’ll be sharing 5 reasons to develop your entrepreneurial mindset, but before we start, let’s focus on the basics: what exactly is the entrepreneurial spirit? Is it only for entrepreneurs? And finally, what are the different reasons to develop this way of thinking?

To begin with, adopting an entrepreneurial mindset is not just for entrepreneurs.

Entrepreneurship is related to the creation or launch of a business, whereas having an entrepreneurial mindset goes beyond the realization of a project. Its definition covers a wider field!

What Is an Entrepreneurial Mindset?

Firstly, an entrepreneurial mindset is a way of thinking. It is a way of acting that allows you to see/find opportunities in all situations of unexpected changes and to adapt to them.

It is also a way of life that leads you to be autonomous and to take initiative. The entrepreneurial mindset is also characterized by proactivity, the ability to anticipate, to take your life in hand, and therefore to be futuristic.

5 Reasons to Develop an Entrepreneurial Mindset

Success starts within! This sentence is essential to develop an entrepreneurial mindset. Indeed, although the environment, experience and influence changes us, everything depends on our state of mind.

Moreover, the entrepreneurial mindset is present in each of us, we simply have to know how to put it forward. These skills are essential to start a project, but are also part of the characteristics that some employers are looking for.

Here is a list of reasons why you should cultivate your entrepreneurial spirit

1. Get Out of Your Comfort Zone and Take More Risks

To become a successful entrepreneur and leader, taking a few risks must be a standard part of your routine. That’s why developing your entrepreneurial mindset should lead you to think outside the box; to get out of your comfort zone and try something new!

First of all, with each new risk you take, your worries decrease. Moreover, after taking a risk, you also gain new knowledge, and the lack of experience is no longer present.

On the other hand, taking risks are proof of a great sense of responsibility. You stretch beyond your current capacity, and what you once thought was beyond your reach becomes immediately achievable. As a result, you become more confident in moving to the next level.

2. Extend Your Leadership

Having an entrepreneurial mindset implies autonomy, which means knowing how to act on your own. In addition, developing your entrepreneurial mindset allows you to think like a leader, which involves setting clear guidelines, developing your talents and directing the activities of others toward a common goal.

3. Show Your Tenacity

Having an entrepreneurial mindset drives you to be in action, willing to take action and succeed, but it also requires tenacity. Indeed, when we evolve in an environment where we try to make things happen, we are confronted with obstacles and therefore must fight to make our ideas triumph! This quality allows you to be persistent for longer in everything you do.

4. Control Your Proactivity

Waiting for things to happen is not an attitude compatible with the entrepreneurial mindset! In fact, it is related to creativity. Being proactive means having the ability or being able to anticipate and take charge of your life.

To develop an entrepreneurial mindset is therefore to be responsible for one’s life and to act by anticipation rather than by reaction.

5. Develop your open-mindedness

Open-mindedness and critical thinking are the pillars to expand your knowledge and develop your entrepreneurial mindset. In fact, being open-minded is characterized in many ways. For example by your talent, your creativity or your ability to adapt…

In short, success starts with your mind. That’s why it is essential to think like an entrepreneur. Indeed, this mental process allows you to develop different skills and competencies that lead you to undertake, to take the lead and to be ahead of everything without hesitation, because it pushes you to surpass yourself to succeed, both personally and professionally.

To this end, the University of Ottawa’s Entrepreneurship Hub offers you the Entrepreneurial Mindset Certificate (EMC). This certificate allows you to acquire entrepreneurial skills that you can apply on the job market! Register now!



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