21st Century Skills & the Entrepreneurial Mindset

think-entrepreneur

Employers continue to look for employees with 21st Century skills. A list of the 21st Century skills identified by employers: Critical Thinking Skills, Effective Problem Solving Skills, Creativity Skills, Communication Skills, Collaboration Skills, Curiosity, Initiative, Persistence/Grit, Adaptability, Leadership Skills, Social and Cultural Awareness, Civic Engagement and Lifelong Learning.

If someone doesn’t have these skills, how can they acquire them?

I just returned from facilitator certification in the Ice House program by ELI. Each of the 21st Century workforce skills is covered in the Ice House program. The training focuses on understanding and mastering the 8 life lessons described below. These lessons happen to be the same 8 factors that research has shown make for successful entrepreneurs. Adopting an “Entrepreneurial Mindset” is the key. The goal of the training is to instill the entrepreneurial mindset and 21st Century skills and provide the opportunity to put them into practice.

The 8 Life Lessons:

  1. Choice – The ability to choose the way we respond to our circumstances is fundamental to an entrepreneurial mindset. Choices, rather than circumstances, will ultimately shape our lives. An entrepreneurial mindset empowers people to be mindful of their choices, choosing the life they want rather than accepting life as it is.
  2. Opportunity – Problems are often opportunities in disguise. Entrepreneurs are problem solvers, and the secret to their success lies in the ability to identify problems and find solutions. An entrepreneurial mindset challenges us to see problems as opportunities, helping us to learn to solve problems for others as a viable path towards individual empowerment.
  3. Action – Entrepreneurs are action oriented, and they tend to focus their time and energy on things they can change rather than things they cannot. An entrepreneurial mindset ignites action, encouraging us to solve problems through active experimentation and collaboration.
  4. Knowledge – Our effort can only take us as far as our understanding. Entrepreneurs are self-directed, lifelong learners who understand the power of knowledge combined with effort. An entrepreneurial mindset fosters a self-directed approach to learning that encourages us to seek knowledge, think critically, and develop problem-solving skills.
  5. Wealth – Most people see work as an exchange of time for money. Entrepreneurs see it differently. The more problems an entrepreneur can solve, the more wealth an entrepreneur can amass. An entrepreneurial mindset helps us to understand money to be a tool in service of creating value for others, and the creation of wealth enables us to take advantage of opportunities to solve more problems for more people.
  6. Brand – Actions speak louder than words. Entrepreneurs are problem-solvers, and reliability is the key to their success. An entrepreneurial mindset helps us to be intentional about our actions and the way we carry ourselves, influencing our brand and how other people view us.
  7. Community – Entrepreneurs understand the power of positive influence, and they learn to surround themselves with others who have been where they intend to go. An entrepreneurial mindset understands the importance of creating an intentional community of positive influence, critical guidance, and diverse support.
  8. Persistence – All successful entrepreneurs acknowledge the importance of hard work, determination, and perseverance. An entrepreneurial mindset helps us acknowledge that hard work is a normal and necessary part of achieving success, and it equips us to persist in the face of challenges, setbacks, and self-doubt.

There are variations of the training for different audiences. We will be offering the Student Success version with dual enrollment students and RSCC students as well as the Small Business Edition for those interested in starting a business or growing their existing business. Workforce Development training options will also be available for those that want to instill 21st Century skills in their workforce. For community members we will be offering a Book Discussion Group, covering the same 8 Life Lessons and discussion questions.

Interested in learning more about the Entrepreneurial Mindset/21st Century Skills? Call us at 931-456-4910 and we’ll add you to the list for the program that will meet your needs.

holly

 

Leadership Competencies

top-5-leadership-competencies

What makes an effective leader? This question has been the focus of much research. A study of 195 leaders in 15 countries over 30 global organizations were asked to choose the 15 most important leadership competencies from a list of 74. The top ones were grouped into five major themes that suggest a set of priorities for leaders and leadership development programs. The top two are: Continue reading

PROFIT FIRST

book

You get what you focus on. In business, it means focusing on profit.

A business without profit will die.   Being passionate about your work may keep you in the game longer, but without profit you are still losing money. You have to keep business expenses in control. There isn’t a shortcut that allows you to succeed if don’t have a clear path to profitability for your company.    Every business may go through short cycles when expenses exceed income, but allowing it to happen repeatedly without making adjustments is the definition of insanity – doing the same thing over and over without making changes, expecting a different result. Continue reading

STEM Scouts is Coming to Cumberland County!

STEMScouts_HorizB_RGB

STEM Scouts is an after-school program focused on fun and exciting ways for girls and boys to learn more about science, technology, engineering and mathematics (STEM). The CBI will be the Chartered Organization for the very first group of 3rd-5th grade STEM Scouts in Cumberland County. Additional age STEM Scout groups will be added as the program grows. Continue reading

The Business Valuation Scale

scales-of-justice-money-law-legal-business-finance

If you are a typical business owner, whether you plan for it to happen in the next year or 20 years from now, at some point you are going to either sell, transition, or simply shut down your business.  If you plan to sell or transition your business one day, you should understand how the Business Valuation Scale works. Continue reading

Campers Everywhere!

MAKE Camp 2016 CollageThe Cumberland Business Incubator was full of young life last week. We hosted two different youth camps – Make Camp, our 3rd annual week long camp, and Maker Girl, a special 3D printing camp for 1st grade to 6th grade girls. Continue reading

Completion!

Degree%20Completion_0

There are really only four ways to “do” something: completion, deletion, delegation, and deferment.

Completion– doing the task – is the option most people think about. If you keep a to-do list, you’re probably assuming that those tasks are all your responsibility to get done. That’s not quite true – completion is best for important tasks that only you can do particularly well. Everything else can be handled in another manner. Continue reading

MakerGirl Comes to the CBI!

Calling all 1st – 6th Grade Girls

A group of students from University of Illinois are touring the country this summer with MakerGirl Mobile with a mission to encourage young girls to become leaders in Science, Technology, Engineering and Math (STEM) fields through 3D printing. Roane State Community College’s Cumberland Business Incubator will be hosting the group on July 15th. Registration is limited to 20 girls from 1st through 6th grade. Continue reading

Helping Veteran Dreams Come True

veterans-services

Memorial Day, a time to honor all vets. Did you know that Cumberland County has one of the highest concentration of veterans in the 95 counties of Tennessee? Continue reading

Maker Space Volunteer Highlight: Paul Falk

MakerspaceBandWnormal

IMG_7788

Paul Falk worked for nearly 40 years with GE. He worked with the fabrication, design and packaging of high reliability electronics primarily for bio-medical and spacecraft applications. Most notable projects that Paul worked on include participation on spacecraft teams that were first to land on an asteroid, the first to orbit Mercury and a flyby of Pluto. If you saw the photos sent back to earth from Pluto, Paul played a part in developing the equipment! Continue reading