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Lesson 5

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36 views2 pages

Lesson 5

Uploaded by

eliagracechellemae
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Ave Maria College

COLLEGE OF INFORMATION AND TECHNOLOGY


HEI Unique Institutional Identifier: 09077

GE 12- THE ENTREPRENEURIAL MIND

LESSON 5: ENTREPRENEURIAL MINDSET

A. Fixed and Growth Mindset


A mindset is a pattern of thinking or behavior of one or more individuals or groups of individuals. An
individual acquires a mindset through interaction with the social, economic, and cultural environment.
Much of what we understand of personality comes from “mindset that propels or prevents a person from
fulfilling his potential.

There are two kinds of people that distinguish them according to their attitudes towards failure.
1. Fixed mindset sees individual’s abilities as innate traits and sees a failure as a lack of basic skills
needed.
2. Fixed mentality is also evident from the innate desire for instant gratification.

A fixed mindset undermines a person’s ability to cope with challenges or criticism such a loss of a job,
live up with the expectations, committing mistakes, and so on. People with fixed mindsets consider
challenges tedious and feel easily frustrated. Growth-conscious people see challenges and a way to
create opportunities. Growth mindset people lead a less stressful, and successful life.

B. Neuroscience Evidence of Growth Mindset


Scientific research of the brain corroborates the growth mindset theory. Neuroscience data show that the
brain is malleable, also referred to as “plasticity” of the brain. The brain functions like a muscle, as a
person thinks, the brain expands as more neurons interconnect among the brain cells. As the brain
expands, and its volume grows, the more a person is able to think deep.

In education, studies have confirmed that growth mindsets have a positive impact on student
performance. It was highlighted how educators can improve student achievement by creating a culture
of growth mindset. These include exposing students to neuroscience evidence of the brain malleability,
promoting the right strategies and advice, seeking help from others when necessary, and changing how
students interact with others.

The theory of growth mindset may require a significant intervention to reshape student mindset through
appropriate training and interactions. The chart below illustrates the main differences between fixed and
growth mindset in terms of how people face challenges, obstacles, criticisms, attitudes toward doing
extra efforts, and views about the success of others.

C. Growth Mindset and Intuition


Intuition can be important business tool. Decision-making consists mostly of two modes, perception
and insights.

Perception is slow, rational, mindful, thoughtful, and deliberate thinking. This is thinking with real
evidence and scientific facts. Growth mindset is important in perception because acquiring scientific
knowledge and business information needs persistence and hardwork. On the contrary, intuition is
feeling before thinking, it is instantaneous, unconscious, automatic, and emotional. It is a product of the
evolutionary history of decision-making which helps to create expectations, connect inconsistencies and
alert a person to potential problems. At any given time, active thoughts and actions vary with active
mode.
People use perception rarely as in many situations responses are automatic and intuitive. Therefore, in
many situations reasoning is posthoc rationale where “intuition comes first and strategic reasoning
second”

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