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BERKELEY METHOD OF
ENTREPRENEURSHIP BOOTCAMP
MINDSET CONCEPTS
IKHLAQ SIDHU
Founding Faculty Director
Sutardja Center for E...
WHY LEARNING
ENTREPRENEURSHIP &
INNOVATION IS
DIFFERENT
Entrepreneurship Misconception
It can not be taught
prescriptively like
other subjects.
And, we can
not simply
“Test for
Retention”
INDUCTIVE LEARNING
WHY
RESULT
Two Cities in USA
CHICAGO SAN DIEGO
Mindset & Behaviors
A holistic, journey-based approach
to entrepreneurship and innovation
Frameworks
Opportunity
MVP
Raisi...
MOTIVATION
Concept: Mindset & E-Culture
What drives entrepreneurs and innovators?
KINGDOM NEW TERRITORY
MINDSET
FOR LEARNING
Fixed mindset is a belief that your intelligence is
fixed. It is your identity (i.e. I am naturally smart
or good at X). T...
Our model has
adapted: Business
training is not the
only key element
• Fixed Mindset Behaviours
Stay within comfort zone. ...
Psychology: There are many positive mindsets and
good behaviors that encourage innovation
Broad vs
Narrow Thinking
Fixed v...
BMoE: 10 Behaviours of
Entrepreneurs and Innovators
Our model has
adapted: Business
training is not the
only key element
• Wide comfort zone
• Generate trust
• Good connector...
A Question to Psychology
Department Collaborators:
Which of the BMoE Behaviours can
be measured in Psychology?
ETH - Zurich ELPP - Silicon Valley
Low comfort
with uncertainty
High comfort
with uncertainty
Your Results
Total Score Fall 2017
BMoE Prior to Monday
Mean 6.97, st dev 0.92
BMoE on Thursday
Mean 8.06, st. dev 1.10
Total Score Fall 2017
Prior to BMoE
After BMoE
Before: mean 5.05 After: mean 6.91
Low comfort
with uncertainty
High comfort
with uncertainty
Fall 2017. BMoE Bootcamp
BERKELEY METHOD OF
ENTREPRENEURSHIP
Inductive Learning
Journey Based
Mindset and Behaviours
Frameworks and Cases
Networks ...
END OF SECTION
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BMoE4: Mindset and Culture

Entrepreneurship Mindset, Behaviors, and Culture

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BMoE4: Mindset and Culture

  1. 1. BERKELEY METHOD OF ENTREPRENEURSHIP BOOTCAMP MINDSET CONCEPTS IKHLAQ SIDHU Founding Faculty Director Sutardja Center for Entrepreneurship & Technology IEOR Emerging Area Professor Department of Industrial Engineering & Operations Research UC Berkeley
  2. 2. WHY LEARNING ENTREPRENEURSHIP & INNOVATION IS DIFFERENT
  3. 3. Entrepreneurship Misconception It can not be taught prescriptively like other subjects.
  4. 4. And, we can not simply “Test for Retention”
  5. 5. INDUCTIVE LEARNING WHY RESULT
  6. 6. Two Cities in USA CHICAGO SAN DIEGO
  7. 7. Mindset & Behaviors A holistic, journey-based approach to entrepreneurship and innovation Frameworks Opportunity MVP Raising Funds Business Models Networks Facilities Services Mentors Rules of Engagement Diversity = Value When to be “Perfect” Belief & Ethics Information Sharing in Terms Trusting Others Resilience to Failures Pay it Forward Measuring Risk Fair Negotiation Communication
  8. 8. MOTIVATION
  9. 9. Concept: Mindset & E-Culture What drives entrepreneurs and innovators? KINGDOM NEW TERRITORY
  10. 10. MINDSET FOR LEARNING
  11. 11. Fixed mindset is a belief that your intelligence is fixed. It is your identity (i.e. I am naturally smart or good at X). This mindset amplifies a fear of losing your identifying lable. As in “What will people say if I can’t do this? An Example Mindset: Fixed vs Growth Mindset
  12. 12. Our model has adapted: Business training is not the only key element • Fixed Mindset Behaviours Stay within comfort zone. Don’t take any chances. Don’t experiment or learn. Your brain is actually switched “off”. Take failures too hard. • Growth Mindset Behaviours Always learning. Wide comfort zone. Open to experiments and some risk. Embrace challenges. Can learn from failures. Fixed and Growth Mindset K - 12 Learning Over a Year Growth Fixed
  13. 13. Psychology: There are many positive mindsets and good behaviors that encourage innovation Broad vs Narrow Thinking Fixed vs Growth Scarcity vs Abundance Seeking Truth vs Being Right Healing Teams vs Dividing People Rebellion vs Compliance Saying what no one else wants to say Accretive Collaboration Adversity is advantage Listening, not just hearing Expanding comfort zone Not hoarding information Comfort with “no” Self awareness Diversity is value Generating trust
  14. 14. BMoE: 10 Behaviours of Entrepreneurs and Innovators
  15. 15. Our model has adapted: Business training is not the only key element • Wide comfort zone • Generate trust • Good connectors • Inductive learning: experiments and reflection • Self awareness and emotional intelligence What are the behaviors and mindsets? Skill in a Core Area Innovation Behaviors and Mindset “Psychology of Innovation” High Potential Too Narrow Street smart, but lacking depth Taught in situation, during the journey
  16. 16. A Question to Psychology Department Collaborators: Which of the BMoE Behaviours can be measured in Psychology?
  17. 17. ETH - Zurich ELPP - Silicon Valley Low comfort with uncertainty High comfort with uncertainty
  18. 18. Your Results
  19. 19. Total Score Fall 2017 BMoE Prior to Monday Mean 6.97, st dev 0.92 BMoE on Thursday Mean 8.06, st. dev 1.10
  20. 20. Total Score Fall 2017 Prior to BMoE After BMoE
  21. 21. Before: mean 5.05 After: mean 6.91 Low comfort with uncertainty High comfort with uncertainty Fall 2017. BMoE Bootcamp
  22. 22. BERKELEY METHOD OF ENTREPRENEURSHIP Inductive Learning Journey Based Mindset and Behaviours Frameworks and Cases Networks and Connections
  23. 23. END OF SECTION

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