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Entrepreneurial Mind

This document contains notes from a student named Alexis O. King who is taking the course "BSA 2" on Tuesdays and Fridays from 12:30-2:00 PM. The notes discuss the entrepreneurial mindset and why it is important for business and life success, trusting people who appear competent, applying the customer service principle of "the customer is always right", maintaining vision as a student in the face of failures, and the importance of quality control for business.

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Alexis King
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406 views

Entrepreneurial Mind

This document contains notes from a student named Alexis O. King who is taking the course "BSA 2" on Tuesdays and Fridays from 12:30-2:00 PM. The notes discuss the entrepreneurial mindset and why it is important for business and life success, trusting people who appear competent, applying the customer service principle of "the customer is always right", maintaining vision as a student in the face of failures, and the importance of quality control for business.

Uploaded by

Alexis King
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Name: Alexis O.

King
Course and Year: BSA 2 Schedule: TF 12:30-2:00

ENREPRENEURIAL MIND

1. Why entrepreneurial mind set is essential for the business?


Today, the competition is everywhere and developing you entrepreneurial
mind set will be a strategy to give yourself a competitive advantage. Adopting an
entrepreneurial mind set will help you develop your skills and it is possible to
work better and happier while at work and at home. An entrepreneurial mind set
can be lead the way on developing your confidence and that you will take every
opportunities as well as not being afraid to take risks. The business world needs
a lot of workers that have this kind of mind set. Having entrepreneurial mind set
is the key to success.

2. How entrepreneurial mind set help you in some areas of your life?
Everyone has their own talents, we are unique. But sometimes we are not
able to use it wisely. Me, as a student developing entrepreneurial mind set is
important. When you develop the entrepreneurial mind set it will help you in so
many ways. The entrepreneurial attitude of taking risks and not giving up is a
strong lead to succeed in anything throughout life. It helps us to think that
everything is possible. When you believe that something is possible it is also
doable. In addition, setting goals and milestones for self-improvement is much
easier if equipped with relevant entrepreneurial skills. Now it is easy for me to
accept failures, move on and take another opportunities and risks.

3. Why do you trust people who seem to know what they are doing? Do you trust
in them? Give concrete examples.
Everyone that seems to know what they are doing is most likely to earn
trust. When you act like you know everything, that you are confident with it people
will believe in you, they will trust you.
YES, I trust those who seem to know what they are doing, since it is
unlikely to feel confident on something you didn’t even know. Your confidence will be
boosted when you know that what you are doing is correct.
For example, someone reported in class. It was detailed and well
explained, she was confident doing that report that you may think she studied that
topic very well. Everyone will believe and agree with her since she seems to know
what she’s doing.
4. Do you think ‘costumer is always right’ is applicable in reaching out to our
customer?
Customers are the lifeblood of the business. That’s why I think that
‘costumer is always right’ is applicable in reaching out to our customer. Customer’s
trust plays a bigger role in business, that’s why even though they are really wrong
we must reach out to them like they are right. Base on my experience as a
customer, even when I’m not buying and the sales lady feels exhausted trying to find
the best fit for me, she must be patient. She must not feel mad but instead smile.
Because customers will go back to you when she feels like she’s always welcome,
and the service was really good. That’s why when one customer is angry don’t feel
the same and be patient. Those who are hardworking and patient are most likely to
succeed.

5. As a student how will it apply to you “Keep control of your vision?”


“Deciding to focus on your vision means determining the way you want your
life to go.”
Sometimes it may seem that everything is falling apart and the only choice
that is left to you is to give up. And when that time happens you must think and keep
control of your vision. As a student I already encounter a lot of failures, it feels like
everything is not working, I’m already tired. But I’m also asking myself if what’s more
important the failures or my dream? Life is like that, it is difficult, it continuously
challenging you but at the end of time you must get up and fight again. Think about
your dream, your vision, and the feeling of succeeding. Keep control of your vision
and it will help you on how to deal with your failures and how to get up stronger.

6. Why do we need to maintain quality control?


Quality control is important to the business. It is an important factor to any
product or services especially that in this modern world there’s a lot of competitors
and the only differentiator is the quality. Customers will patronize those who can
benefit them more. And it is also important to gain customer’s trust. Product and
services that meets or exceeds customers want are more likely to succeed.
Customers are greatly benefited as they get better quality products because of
quality control, and it gives them satisfaction. It will bring a good image to the
business, and a reputed concern can easily raise finances from.

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