Masterclass on startups: What kind of mindset entrepreneur have?

 

Human mind.

I like to say '' you can not predict accurately two things in world human mind and weather.'' In this our masterclass we are going to talk about mind of  entrepreneurs; but before that first we need to look at minds of average human.

Human mind is always a subject of study; when something happens good it gets excited and when something happens bad it gets depressed without referencing it's impact on life. So in order to become entrepreneur we have to first conquer our mind because world of entrepreneur is the world of ups and downs, rise and fall, losses and gains.

Fearfulness and greediness both are not required here we require here only rationality.

If you double the number of experiments you do per year you’re going to double your inventiveness.

                                                                                                      -Jeff Bezos

Curiosity

From my perspective curiosity is the key power to conquer this field; because curious person never felt depress never give up, he always finds way to solve problem and even if problem is unsolvable he tries to observe it and that makes him happy.

 

We need curiosity; curiosity in failure; curiosity in success; curiosity in learning new things. People used to say do what you like the most; It's true and it's because of our curiosity in that field. 

Scientists never feel depression after fail attempt in rocket launch because they love  what they are doing in they failed they try to figure out why? and that's make them so special.

 

You have to be curious enough to learning things related to your idea like technicalities, Market behaviors, marketing techniques etc. list is very long.

 

Ready to learn

Learning is always the part of our life person who stops learning he cannot achieve anything. As a entrepreneur you have to learn very alien things; and that will dictate either you will succeed of fail.

 

May be you are from engineering background then your technical part may be strong but you have to learn management and soft skills. Investors will never give you their money because you have good knowledge about technical things; they will give you because you produce hope in their mind that you will drive profits for them.

Knowing of what to learn is also a learning; it seems like movie matrix but it's true. To create step by step process you have to know what you can do and what you cannot and that is also learning; learning about yourself. 

Critical thinking

Critical thinking is also part of rationality. When you start realizing points of learning you may find many things to learn and if you do so that makes so complicated for you to run business.

 

So to decide what is important enough to learn and what can we leave on to the other people or employees takes lot's of critical and rational thinking.

Critical thinking will also useful in day to day business in which small decisions you have to take like for the price of raw materials.  When you want to analyzing the data which you get from your BETA version product needs critical thinking.

 

Conclusion

• Never get too panic or to excited.

• Learning is part of life; learn how to execute.

• Always be rational and critical thinker.