The Influence of the Entrepreneurial Mindset of Negosyo Center Matnog on Micro Small and Medium Enterprises

Entrepreneurial mindset revolves around innovativeness, risk-taking, adaptability, resiliency, persistence, and resourcefulness. A closer look at the extent of implementation and level of effectiveness of the conduct of entrepreneurial mindset is present in this study. It addressed how the conduct of entrepreneurial mindset influenced the Micro, Small, and Medium Enterprises (MSMEs). Such challenges and problems faced by the MSMEs were revealed and an action plan was proposed to establish an improved entrepreneurial mindset.
This study used a descriptive survey method with two instruments used; a survey questionnaire and an unstructured interview. 25 MSMEs aged 18-50 years old were the respondents of this study, using a weighted mean and rank to statistically treat the data. Results show with a total mean rating of 4.36 that there is a full implementation in the conduct of entrepreneurial mindset to the MSMEs that instill an entrepreneurial mindset. A highly effective entrepreneurial mindset was developed for the MSMEs with a total weighted mean result of 4.41, which demonstrated the high effectiveness of the program. 10 problems were identified in this study which resulted in access to finance or capital as the main problem having a sum of rank of 30. Findings suggested that no amount of entrepreneurial mindset being conducted to the MSMEs will change the perspective of the MSMEs on running a business that made the financing of capital the main issue.
Resolving the main problems and challenges by the proposed action plan was very important to intensify the conduct of entrepreneurial mindset to the MSMEs.