Understanding Students’ Entrepreneurial Mindset in Sorsogon State University

This research aims to understand the entrepreneurial mindset of students in Sorsogon State University. The target participants are the first year BS Entrepreneurship students who are enrolled in Sorsogon State University – Sorsogon Campus. This study determined the level of entrepreneurial mindset, the factors and challenges that affect the respondents’ entrepreneurial mindset, and the possible entrepreneurial program to improve the student’s entrepreneurial mindset. Through a mixed method approach, the research collected information from first year BS Entrepreneurship students enrolled in Sorsogon State University – Sorsogon using a researcher-made survey questionnaire, interview guide and document analysis. The results indicated that the majority of students demonstrated a high level of entrepreneurial mindset and personal, family and social factors significantly influence their entrepreneurial aspirations. However, the most common challenges that hinder students from fully developing their entrepreneurial mindset includes lack of financial resources, fear of failure, limited business knowledge and difficulty in balancing academics with business activities. Through this, an entrepreneurship development program was be proposed to enhance the entrepreneurial mindset of the students by conducting mentorship programs, financial literacy training, creativity and innovation workshops, business incubation initiatives, and networking opportunities with experienced entrepreneurs were highly recommended to improve the student’s entrepreneurial mindset.