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Business Fundamentals was developed by the Global Text Project, which is working to create open-content electronictextbooks that are freely available on the website http://globaltext.terry.uga.edu. Distribution is also possible viapaper, CD, DVD, and via this collaboration, through Connexions. The goal is to make textbooks available to the manywho cannot afford them. For more information on getting involved with the Global Text Project or Connexions email us atdrexel@uga.edu and dcwill@cnx.org.

Editor : Molly Lavik (Vatel International Business School Los Angeles, USA)

Entrepreneurial mindset enhancing activities

  • Set up a Google Alert for the key words: “entrepreneurial mindset” at (External Link) . A Google Alert is a query of key words and allows you to receive in your e-mail inbox a list of all the stories to be posted on the Internet that day associated with your key word. You can set the alert to come to you immediately, daily or weekly.
  • Discuss with entrepreneurs what attributes they possess that make these founders particularly adept at starting new ventures. When you talk with these visionary individuals be on the “look out” for unique characteristics that they people possess.
  • Take some time and consider today what you want your lasting legacy to be and who you will accomplish those goals. Keep a diary of this journey and try when possible to have journal entries about what type of entrepreneurial characteristics you are developing to help you achieve your legacy goals.
  • Do not let others define your entrepreneurial journey! You know who you are and who you want to be. The “naysayers” will always be around to try to prevent you from starting a new venture. Learn to listen to your gut.
  • Seek out educational programs and literature that will help you better develop your own entrepreneurial characteristics. Make a list of the attributes you do not yet possess and then develop a plan of action to achieve adding these entrepreneurial characteristics to your own personality traits.
  • Schedule time every day for 30 minutes to keep refining your entrepreneurial characteristics and figuring out how to enhance your entrepreneurial personality. Many people think that what you spend time thinking about will become ultimately your own reality.
  • While each of you are from different countries and cultures there are some places that often will provide resources for first-time entrepreneurs.

These places include:

  • Small business associations
  • Banks, financial institutions, and micro-credit agencies
  • Educational Facilities
  • Business related NGOs
  • Libraries
  • Community Redevelopment Agencies
  • Most family and friends for moral support
  • The Internet when using the right search terms associated with developing and or enhancing your entrepreneurial mindset.

Now you are ready to go out and potentially create your own hero’s journey

Questions & Answers

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Solve the mean of variance
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Step 1: Find the mean. To find the mean, add up all the scores, then divide them by the number of scores. ... Step 2: Find each score's deviation from the mean. ... Step 3: Square each deviation from the mean. ... Step 4: Find the sum of squares. ... Step 5: Divide the sum of squares by n – 1 or N.
kenneth
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let A1,A2 and A3 events be independent,show that (A1)^c, (A2)^c and (A3)^c are independent?
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The sample of 16 students is taken. The average age in the sample was 22 years with astandard deviation of 6 years. Construct a 95% confidence interval for the age of the population.
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Bhartdarshan' is an internet-based travel agency wherein customer can see videos of the cities they plant to visit. The number of hits daily is a normally distributed random variable with a mean of 10,000 and a standard deviation of 2,400 a. what is the probability of getting more than 12,000 hits? b. what is the probability of getting fewer than 9,000 hits?
Akshay Reply
Bhartdarshan'is an internet-based travel agency wherein customer can see videos of the cities they plan to visit. The number of hits daily is a normally distributed random variable with a mean of 10,000 and a standard deviation of 2,400. a. What is the probability of getting more than 12,000 hits
Akshay
1
Bright
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Bright
a= 0.20233 b=0.3384
Sufiyan
a
Shaynaynay
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Mohd Reply
It depends on your business problem or in Machine Learning you could use ROC- AUC cruve to decide the threshold value
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Source:  OpenStax, Business fundamentals. OpenStax CNX. Oct 08, 2010 Download for free at http://cnx.org/content/col11227/1.4
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