Think Like an Entrepreneur with Stephen Carter

Path for Growth with Alex Judd

We all want people on our teams who are growth-minded and willing to think outside the box to solve problems. But how can we help our people develop these entrepreneurial traits? In this episode, Alex talks with Stephen Carter, author of “Teaching the Entrepreneurial Mindset.” Stephen shares the 4 key attributes of an entrepreneurial mindset, which he’s learned through years of teaching entrepreneurship to teens at Cincinnati Hills Christian Academy. He also outlines some practical actions leaders can take to foster these attributes in the people around them.

Episode Recap:

• Today we’re talking with Stephen Carter about developing the entrepreneurial mindset in others (0:01:00)
• What is the entrepreneurial mindset, and why does it matter? (0:02:18)
• Why is your work with students relevant to business owners? (0:06:17)
• How did you narrow in on 4 attributes for thinking like an entrepreneur? (0:10:11)
• 1. Growth Mindset: Effort trumps talent (0:12:14)
• How do you approach teaching a growth mindset? (0:17:37)
• Start by testing the waters with one small goal (0:28:48)
• 2. Grit: Passion and perseverance toward long-term goals (0:30:16)
• How can leaders help their teams set and pursue goals? (0:36:06)
• 3. Redefining Failure: Growth stagnates when we begin to fear failure (0:43:03)
• 4. Opportunity Seeking: The desire to solve problems (0:52:21)
• Fall in love with the problem, not the solution (0:56:56)
• Where to learn more from Stephen (1:01:49)
• How to get comfortable with discomfort (1:02:56)

Helpful Links and Resources

“The Four Disciplines of Execution” by Sean Covey

“Teaching the Entrepreneurial Mindset” by Stephen Carter

The Entrepreneurial Mindset Podcast

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