Entrepreneurial Mindset: 20 Ways To Think Like An Entrepreneur (by Thomas J Law)

1. Independent
This is one of the most important aspects of the entrepreneurial mindset. Entrepreneurs don’t follow the crowd or look to others to be given instructions. Instead, they listen to their gut and carve their own path. As Apple’s founder, Steve Jobs, said, “Don’t let the noise of others’ opinions drown out your own inner voice.”

2. Responsible
The independent mindset of successful entrepreneurs stems from taking full responsibility. Entrepreneurs don’t blame others for their life situation – they empower themselves by taking responsibility for improving it.

4. Goal-Oriented
Entrepreneurial thinking is goal-orientated. In other words, successful entrepreneurs don’t have wishes and dreams – they have goals and plans.

5. Not Afraid of Failure Each “failure” is simply a stepping stone to learn from, helping to move you closer to success.

7. Feedback-Seeking
The most successful entrepreneurs aren’t worried about looking cool – they just want to succeed, and they know that learning from feedback will help speed up the process.

9. Forward-Thinking
If you want to learn how to think like an entrepreneur, you need to think long-term. Successful entrepreneurs know that big goals take a long time to achieve. So, they start with their goal and work backward, reverse-engineering every step of the way.

14. Comfortable with Discomfort
Courage leads to an essential entrepreneurial mindset characteristic: learning to be comfortable with discomfort. Growth and expansion require you to move beyond your comfort zone.

16. Problem-Solving
Entrepreneurs look for problems and try to find ways to solve them. If you think about it, this is the essence of every business. For instance, plumbers fix broken pipes, Netflix cures boredom, and car manufacturers help people get around.

17. Driven and Tenacious
Drive is an essential part of the entrepreneurial mind. Entrepreneurs are self-motivated and driven to achieve their goals. They work hard and enjoy the ride, knowing that they’ll reap the rewards down the line.

19. Action-Oriented
“Wantrepreneurs” like to read books, watch videos, and make plans – but they never actually get down to business and work. Entrepreneurs have a bias for action. They know that knowledge without action is meaningless. As the entrepreneur Walt Disney said, “The way to get started is to quit talking and begin doing.”

20. Decisive
The entrepreneurial mind is decisive. Entrepreneurs must confront problems and make many decisions every day – often with inadequate information to help.