INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Vol. 2 No. 4 (2025): APRIL

ENTREPRENEURIAL MINDSET: THE KEY TO SUCCESS IN THE BUSINESS WORLD

Amra Ulvita Azhiin (Atlanta College of Liberal Arts and Sciences Georgia, USA)
Dendy Tirtoadisuryo (Kazian School of Management, India)
Stevianus Arief (Sekolah Tinggi Ilmu Ekonomi IEU Surabaya, Indonesia)
Juniarto Dwi Utomo (Universidad Isabel I, Spain)
Kasmin Kasmin (Universitas Bina Sarana Informatika Jakarta, Indonesia)



Article Info

Publish Date
17 Apr 2025

Abstract

This Entrepreneurial Mindset: The Key to Success in the Business World discusses the importance of an entrepreneurial mindset as a main element in achieving success in the competitive business world. This research identifies how entrepreneurs who have a strong entrepreneurial mindset can be more effective in managing risk, innovating, and facing the inevitable challenges in their business journey. This study adopts a qualitative approach using in-depth interviews, focus group discussions (FGD), and participant observation to explore the direct experiences of successful entrepreneurs and executives of large companies. The research results show that an entrepreneurial mindset is not only related to creativity and innovation, but also to intelligent decision making, mental resilience in the face of failure, and the ability to see opportunities amidst uncertainty. This research also highlights how this mindset is applied in various business contexts, both in small and large companies. It was found that entrepreneurs who have a strong entrepreneurial mindset tend to be more adaptive to market changes, braver to take risks, and more creative in finding solutions to the problems they face. Thus, this research concludes that having a positive and strong entrepreneurial mindset is a key factor in achieving business success.

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Journal Info

Abbrev

IJEFE

Publisher

Subject

Economics, Econometrics & Finance

Description

INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE) is a scientific journal that publishes articles in the field of Business and finance that contain conceptual ideas in the fields of Economics, Accounting, Management, Business and finance. The scope is Human Resource Management, Marketing ...