Unit 1 / Lesson 3 / Section 1.3.8    

The Power of Mindset in Entrepreneurial Success
Cognitive Bias & Risk

Lesson 3 — Grit, Adaptability & Confidence
Application & Reflection

1.3.8 — Application Exercise

Identify one current area of your entrepreneurial work — project, decision, or strategic challenge — where progress has felt slow, difficult, or uncertain. Reflect on the source of resistance: Is it the natural discomfort of long-term effort, an indication that assumptions need revisiting, or a signal that the current approach is no longer aligned with the intended outcome?

Using the insights from this lesson:

Determine the appropriate response:

Does this situation require continued persistence grounded in grit?
Does it call for strategic adaptation, informed by new information or evolving circumstances?
Or does it require a shift in approach — a recalibration, redesign, or entirely new pathway?

Write one clear, actionable adjustment that supports long-term objectives. This may involve refining a process, updating a metric, shifting a habit, modifying a strategy, or initiating a decision previously delayed due to uncertainty.

Your response should be specific, measurable, and implementable within the next 7 days, ensuring that reflection leads to forward motion rather than abstraction.

📝 Application Insight

Progress accelerates when intention becomes action. Applying grit, adaptability, and confidence to a real challenge reinforces learning through execution, not theory. The purpose of this exercise is to transform reflection into measurable forward movement, ensuring that mindset becomes behavior — and behavior becomes momentum.