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Unleashing the Entrepreneurial Mindset: A Guide for Aspiring Innovators in Singapore – Pt 2 of 2

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Photo by Vincentiu Solomon on Unsplash



Let’s continue to explore more ways to develop and cultivate the entrepreneurial mindset


4.Cultivate Creativity Through Curiosity  Entrepreneurs constantly seek inspiration and challenge the status quo.

Immerse yourself within Singapore’s vibrant art, tech, and cultural scenes which provide fertile ground for creative thinking. Take a leisure stroll along Gardens by the Bay,  explore ArtScience Museum, or attend a hackathon to spark new ideas.


Example: Circles.Life disrupted the telecom industry by focusing on digital-first solutions, inspired by global trends but tailored to Singapore’s tech-savvy audience.

Actionable Tip: Dedicate time each week to explore something outside your comfort zone— read a book, visit a new place, or join a workshop.

 

5. Leverage Singapore’s Entrepreneurial Ecosystem

 Singapore offers unparalleled resources for budding entrepreneurs, from government grants to incubators.


Explore funding options like Enterprise Singapore's Startup SG Founder Grant, or join coworking spaces like The Working Capitol to collaborate with like-minded individuals.


Example: Homegrown brands like Love, Bonito and Carousell benefited from Singapore’s supportive startup ecosystem, leveraging resources to scale globally.

Actionable Tip: Start small by enrolling in online courses at SkillsFuture or joining innovation programs like NUS Enterprise.


6. Adopt a Growth Mindset

Entrepreneurship is a journey of constant learning and self-improvement.

The willingness to adapt and learn new skills is critical for staying relevant in Singapore's fast-evolving economy.


Example: The founders of Secretlab continually refined their products, listening to customer feedback to dominate the gaming chair industry globally.

Actionable Tip: Set a monthly growth goal—whether it’s learning a new skill, reading an entrepreneurship book, or attending a webinar.


7. Start Small, but Start TODAY

 You don’t need a million dollars to start thinking like an entrepreneur. Begin by solving a small problem or testing an idea.


Example: The creators of The Soup Spoon started with a simple mission: make quality soups accessible. Their passion evolved into a beloved brand.

Actionable Tip: Take one idea from your “frustration journal” and create a prototype. Test it with friends or family and iterate based on feedback.



YOUR JOURNEY STARTS NOW

In Singapore’s dynamic landscape, harnessing an entrepreneurial mindset isn’t just about starting a business—it’s about creating value, embracing challenges, and continuously evolving.


Whether you’re launching a startup or seeking personal growth, these actionable steps will help you think and act like an entrepreneur. So take that first step, and who knows? You might just build Singapore’s next big success story.




 RECOMMENDED: Resources for Aspiring Entrepreneurs in Singapore

  • Events to Attend: Echelon Asia Summit, SWITCH, 29 - 31 Oct 2025 (Singapore Week of Innovation and Technology)

  • Platforms to Explore: Startup SG, SGInnovate, ACE (Action Community for Entrepreneurship)

  • Books to Read: "The Lean Startup" by Eric Ries, "Zero to One" by Peter Thiel

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