gede 101 Lesson 1: The Entrepreneurial Mindset

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Last updated 2:31 AM on 9/14/26
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24 Terms

1
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Mindset (Argyris, 2004)

Habitual pattern of thinking, cognitive evaluation, and behavior characteristic of an individual or collective group.

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Social Environment

Relational interactions with peer groups, families, mentors, and networks that continuously shape personal standards and aspirations.

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Economic Environment

External exposure to financial resources, capital availability, and socioeconomic constraints that influences venture creation.

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Cultural Environment

Internal belief systems, traditions, cultural norms, and community values embraced by an individual.

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Growth Mentality (Dweck, 2005)

Conviction that intellectual capabilities, competencies, and talents can be cultivated through deliberate learning, effort, and persistence.

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Fixed Mentality (Dweck, 2005)

Belief that intelligence and abilities are predetermined, immutable traits, interpreting failure as a permanent lack of skill.

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Neuroplasticity (Brain Plasticity)

Empirical neuroscience principle demonstrating that the brain physically reorganizes and forms new synaptic interconnections during structured learning.

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Dual-Process Theory (Kahneman, 2011)

Cognitive theory stating decision-making operates through two systems: analytical Perception (System 2) and rapid Intuition (System 1).

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Perception Mode (System 2)

Slow, methodical, highly rational cognitive processing grounded in empirical evidence, market data, and verifiable facts.

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Intuition Mode (System 1)

Fast, automatic, subconscious cognitive processing enabling rapid decisions when comprehensive market data is unavailable.

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The Entrepreneurial Triad

Core archetype describing successful entrepreneurs as simultaneous Innovators, Profit-Seekers, and Calculated Risk-Takers.

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Calculated Risk-Taking

Systematic, structured assumption of business uncertainty where operational risks are analyzed, mitigated, and aligned with market demand.

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The Wright Brothers (Wilbur and Orville Wright)

Self-taught innovators who utilized mechanical experimentation and calculated risk to build and fly the first motorized airplane in 1903.

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Tony Tan Caktiong

Founder who transformed a family ice cream parlor into Jollibee Foods Corporation by tailoring fast-food offerings to local taste profiles.

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Socorro Ramos and Jose Ramos

Founders who rebuilt National Book Store after World War II by executing a calculated operational pivot toward educational supplies.

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Personality Psychology

Scientific discipline dedicated to describing, explaining, and predicting recurring patterns of behavior, cognition, and emotional response.

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Gordon Allport's Lexical Research

Late 1930s trait analysis that identified over 4,500 descriptive personality adjectives from the English dictionary.

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Five-Factor Model (Costa & McCrae)

Psychological framework distilling human personality into five universal dimensions: Neuroticism, Extraversion, Openness, Agreeableness, and Conscientiousness.

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Neuroticism (FFM)

Personality dimension measuring emotional reactivity, psychological vulnerability, anxiety, and distress under pressure.

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Extraversion (FFM)

Personality dimension reflecting orientation toward social engagement, interpersonal stimulation, assertiveness, and high energy.

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Openness to Experience (FFM)

Personality dimension measuring intellectual curiosity, aesthetic appreciation, creative imagination, and receptivity to novelty.

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Agreeableness (FFM)

Personality dimension reflecting interpersonal cooperation, empathy, trust, compassion, and a desire for social harmony.

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Conscientiousness (FFM)

Personality dimension measuring self-discipline, organization, goal-directed persistence, dependability, and impulse control.

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Entrepreneurial Mindset

Cognitive orientation enabling individuals to identify opportunities, embrace uncertainty, formulate creative solutions, and take purposeful action.