The twenty first century has arrived. Today we know more than we thought there was to know. We know all there is to know of a cats anatomy and the social structure of lions and their pride. Yet when we see a black cat we think its bad luck. Why is it that even with everything that we know we still believe in these illogical superstitions? ‘Step on a crack break your mothers back.’ ‘Find a penny; pick it up, All day long you’ll have good luck.’  We know that these rhymes hold no water and yet we all pick up that coveted penny. We do it because we’ve always done it. It’s part of our mindset. Mindset is a set of assumptions, or notations held by one or more people or groups of people. People engaged in the same profession often share the same mindset. They share a similar set of beliefs. These beliefs dictate their actions.

It should come as no surprise that there is an Entrepreneurial mindset. Incidentally it is sometimes known as the ‘MAD’ mindset. A person is said to have the entrepreneurial mindset if he/she has the means, ability and the desire (MAD) to materialize their vision.

The Means would be the access to resources. Be it angel funding, self funding, access to political capital, etc.

The Ability: generally refers to being sufficiently adept in organizing the resources available to you in novel ways.

The Desire: No amount of means or ability is going to be enough if you simply lack the desire to make you visions come true.

Every entrepreneur and businessman must recognize his or her mindset, only after you have understood your own beliefs and way of thinking can you make optimum use of the greatest tool given to mankind; his mind.