The three fundamentals of an entrepreneurial mindset

Do you have an urge to develop and push yourself forward? Do you want to become the best version of yourself? If these thoughts sound familiar, there may be a hint of Jeff Bezos, Steve Jobs or Mark Zuckerberg in your way of thinking.

Self-development and upgrading yourself are the core ideas of an entrepreneurial mindset, but the characteristics don’t stop there. We, this year’s FallUp team, want to challenge ourselves and define what entrepreneurial mindset means in general and what it means for us and for you. This mindset is an endless list of characteristics, but the fundamentals , at least for us, are constant development, proactive problem solving and embracing failure.

Ready to challenge your mindset? ’Cause we are

Many entrepreneurs not only have an urge to make a difference in the world, but they also have an ambition for constant development for themselves and the team behind them. This feature can be found in all entrepreneurs, even in the earliest stages of their careers. The ambition for constant development isn’t tied to starting a business, it is part of the shared mindset many entrepreneurs have.

You need to think that every situation and every person you meet is there to give you a lesson of something. If you face all the situations that life leads you as a learning opportunity, the amount of learning multiplies and your self-development skyrockets to an entirely new level.

Self-development doesn’t happen on its own

Self-development requires critical evaluation of your thoughts, feelings, doings and actions. It means you need to learn from your mistakes and this is a part where many of us get lost. When you fail, it feels easier to jump to a completety different project and leave the failure behind us, burying it underneath. However, the part where we truly can develop ourselves and create something extra-ordinary is through failure.

Opening the possibility for failure requires trying and is as important of an aspect as failing. You need to proactively try new things and solve problems to have a possibility of developing yourself. Perttu Pölönen, one of FallUp’s key speakers, gave us some insight into what failure and mistake-making means to him;

“Our inventions have often come to life as a result of doing something unintentional. In a digital age when more and more of our daily lives is being conducted by computers, this is a blessing. If you ask an artist about mistakes, they might tell you that a mistake is a window to something new. It’s quite straight forward. If we didn’t have the possibility of a mistake, we would be limited to our own thinking and imagination. And it doesn’t help that our education system aims at making us rational, logical and analytical — embracing the same kind features where computers will beat us, and have already done so. Thinking outside of the box will be one of our best competitive advantages towards computers in the future. We should start to embrace mistakes and see them as a fuel for creativity and problem solving” 
- Perttu Pölönen

Join our journey and give your mindset a possibility to change

Entrepreneurship is not only building a startup, creating a new innovation or having the drive to make a change in the world — it is also a mindset, which drives you forward through constant development, proactive take on problem solving and by embracing your failures. FallUp’s mission is to open up this mindset to as many of our fellow students as possible and bring forward how valuable of an asset it can be in everything you do.

We want to challenge ourselves this year to find out what an entrepreneurial mindset truly means. And most importantly, we want you to join our journey. Let’s try, fail and try again.

Let’s live fully, create, develop and enjoy the steps along the way.