Unit 1 · 5 lessons
The Entrepreneurial Mindset
What an entrepreneurial mindset is, how Canadian entrepreneurs turned their experiences into new ideas, how to check and grow your own potential, which ownership structure fits a venture, and how to take smart risks and bounce back from failure.
- 41 practice questions
- 40 flashcards
- 1 interactive lesson
Lessons
- 1What Is an Entrepreneurial Mindset?An entrepreneurial mindset is a learnable way of thinking with eight elements, from spotting opportunities to bouncing back from setbacks, and it is useful whether you start a business, improve your workplace or tackle a social problem.8 questions
- 2Canadian Entrepreneurs and Their StoriesCanadian entrepreneurs, including First Nations, Métis and Inuit entrepreneurs, often innovated by noticing a problem in their own lives, using a skill or experience they already had, and taking a risk to act on it.8 questions
- 3Assessing Your Entrepreneurial PotentialYou can measure your entrepreneurial potential with a scored self-assessment of your skills and experiences, sort the results into strengths and areas to grow, and turn them into a growth plan built on SMART goals.8 questions
- 4Business Ownership StructuresSole proprietorships, partnerships, corporations, co-operatives, franchises and social enterprises or not-for-profits differ in liability, control, profit sharing and start-up cost, and the right choice depends on the venture's size, risk and goals.Interactive9 questions
- 5Risk, Failure and Bouncing BackEntrepreneurs take calculated risks, lower them by testing small, setting budget limits and planning backups, and treat failure as information by reflecting on what happened, why, and what they will change.8 questions