Business
Beginner
60 mins
Teacher/Student led
+65 XP
What you need:
Chromebook/Laptop/PC or iPad/Tablet
IWB/Projector/Large Screen

The Entrepreneurial Mindset

Explore what makes entrepreneurs tick by studying real Irish founders, then identify entrepreneurial qualities you want to bring to your own mini-business ideas.

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    1 - Getting Started

    Illustration for Getting StartedImagine you are nineteen. Every time you try to build a small website to sell something, accepting payments is a nightmare. Banks want mountains of paperwork. The existing payment systems take weeks to integrate. Every developer you know complains about it.

    Key point

    Most people would shrug and say, somebody should fix that. Two brothers from Tipperary said something different. They said, why don't WE fix that? Today the company they built, Stripe, processes payments for huge numbers of online businesses worldwide.

    This lesson is about the difference between those two reactions. We'll look at what real Irish entrepreneurs actually do, what carries them through the hard middle bit, and which of those qualities you want to bring to the mini-business you're starting to think about.

    2 - What You'll Learn

    Before we look at real founders, let's name the qualities we are looking for. These four concepts come up again and again in entrepreneurship research and in interviews with founders themselves. You'll see all four in the case studies in the next step.

    Key insight, before you read the table: all four of these are habits — things you do, not things you are. None of them is a personality trait you were born with. That matters, because it means every one of them can be practised.

    ConceptWhy it mattersExample
    Entrepreneurial mindset — the set of attitudes that turns an idea into something real instead of something you just complain aboutWithout it, even brilliant ideas stay as conversations. The bottleneck is rarely the idea; it is the decision to act on itPatrick and John Collison from Tipperary saw online payments were a mess and decided fixing it was their job, not someone else's. The result is Stripe
    Growth mindset — the belief that the skills you do not have today are skills you can grow with effortMost of the skills your mini-business needs you do not have yet. That is the whole point of the word "yet"A TY student who is nervous about numbers learning to work out a unit cost and a sale price in one afternoon to budget their stall
    Resilience — carrying on with an idea after a setback rather than quitting at the first "no"Every founder's first version of every idea hits a setback in week 2 or 3. The ones who finish are simply the ones who kept goingA craft-market seller whose first Saturday sells almost nothing, who shows up the next weekend with a different sign and a different pitch
    Opportunity spotting — noticing problems and gaps that other people walk past every dayEvery business in the world started as somebody noticing a problem worth solving. It is a habit, not a flash of geniusNoticing that the cold parents at under-14 hurling matches have nowhere to buy a hot drink, and realising a flask-and-cup stall could be a real business

    3 - Two Irish Founder Stories

    Illustration for Two Irish Founder StoriesNow let's look at two real Irish founder teams who built very different businesses but kept showing the same handful of qualities. Read both stories below, then answer the analysis questions. You're not being tested on the companies — you're looking for the habits behind them.

    4 - Your Entrepreneur Inspiration Page

    Time to make this personal. You'll fill in the next page of your Mini Business Portfolio — your Entrepreneur Inspiration page — below. Pick ONE Irish entrepreneur or founder team whose habits you want to borrow, then commit to 2 to 3 specific qualities you'll bring to your own mini-business work.

    Who could you pick?

    If someone's already in mind, go with them. If not, here's a starter list — pick the one whose habits you'd most like to copy:

    • Patrick and John Collison (Stripe) — the Tipperary brothers you read about above. Habit: make complicated things simple.
    • The Wayflyer team (Dublin) — the founders you also read about, who funded online shops the banks wouldn't touch. Habit: build the answer the existing system refuses to.
    • The Intercom founders — an Irish team (Eoghan McCabe, Des Traynor, Ciaran Lee and David Barrett) who started the company in San Francisco in 2011, and now run a major engineering base in Dublin. They spent years quietly watching how businesses actually talk to customers online, then built one tool that did that better than anything else available. Habit: watch real users for a long time before building.
    • The FoodCloud team (Dublin) — Iseult Ward and Aoibheann O'Brien noticed two problems sitting beside each other: shops throwing away surplus food, and charities short of food for people in need. They built an app that connects the two. Habit: spotting that the answer was already there, just unconnected.
    • A local cafe owner, market trader, or small-business owner you actually know — somebody whose habits you can describe firsthand. Often the best choice if you have one.

    Two worked examples

    Two fictional TY students show what a strong answer looks like — one with a settled idea, one without.

    Aoife (has an idea): Patrick and John Collison (Stripe). Their story connects to my homework-help app for first years because they made something complicated feel simple — that's exactly what I want my app to do.

    Quality 1: Make something simple where others made it complicated. When I'll need it: When I'm tempted to add quizzes, points and streaks instead of just letting younger students get a clear 2-minute video answer.

    Quality 2: Stay close to real customers. When I'll need it: Before I build anything, ask 5 first-years and 5 second-years what they actually find confusing in their maths and English homework right now.

    Cian (no idea yet — he's leaning toward something around sport or food): The FoodCloud team. Their story connects because I keep noticing wasted food at our school canteen, and they're proof that two problems sitting beside each other can be the start of a real business.

    Quality 1: Stay close to real customers. When I'll need it (best guess): Probably in the first week of any idea I pick — asking 5 real people what they'd actually pay for, before I build anything.

    Quality 2: Start before I feel ready. When I'll need it (best guess): When I want to keep researching for another two weeks instead of running a 10-minute test of the idea with real people.

    Note

    You don't need a final idea yet. If you're still brainstorming, a best guess about the kind of business you're considering is the right answer — see Cian's example above. We narrow down to one idea next class.

    Your turn. Fill in the page below. The form auto-saves as you type.

    My Entrepreneur Inspiration Page
    Name the Irish entrepreneur or founder team who inspires you most for your own mini-business, and write one sentence on why their story or approach connects to the kind of business you're starting to think about.
    First quality you want to bring to your own mini-business work. Use habit-language, e.g. 'start before I feel ready', 'stay close to real customers', 'make it simple where others made it complicated', 'show up next week even when this week flopped'.
    A likely moment, real or imagined, when you'll need this quality during the mini-business work ahead. You don't have your final idea yet, so a best guess based on the kind of business you're considering is fine.
    Second quality you want to bring to your own mini-business work. Pick something different from quality 1 — these should cover two distinct habits, not two versions of the same one.
    A likely moment, real or imagined, when you'll need this quality during the mini-business work ahead. A best guess based on the kind of business you're considering is fine.
    Third quality (optional). Only fill this in if you genuinely have a third habit you want to commit to. Two strong qualities beats three vague ones.
    A likely moment when you'll need this quality (or leave blank). A best guess is fine — you don't have your final idea yet.
    Of the qualities you wrote down, which one will be hardest for YOU personally to actually live out? Hold onto that — it's a real signal of where you'll have to grow over the rest of this module.

    5 - Think About It

    Think about

    • Which of the four founder habits from the case studies felt most like you already, before this lesson started?
    • Going through this reflection, did anything shift in how you're thinking about your mini-business — for example, did one of the qualities you wrote down quietly rule out a direction you'd been considering, or make a different direction feel more like a fit?

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