The Entrepreneurial Mindset: Leveraging MBTI to Identify and Nurture Entrepreneurial Potential

Abstract

Entrepreneurial mindset having entrepreneurial intention alongside with behavioral factors in personality when identified and polished may increase individual potential in innovative learning. The purpose of the study is to find and understand the link between entrepreneurial intentions  and psychological types or personality types among university students. This study shows how various personality types that can influence entrepreneurial potential focusing on the Myers-Briggs Type Indicator (MBTI). A mixed-methods approach was adopted including 500 MBTI assessments, surveys, and interviews. MBTI assessment that showcases 16 domains;  Extrovert(E)-Introvert (I),   Sensing(S)- Intuition(I), Thinking(T)-Feeling(F), Judging(J)-Feeling(F) and a validated entrepreneurial intention questionnaire  that were used to assess psychological domain like ENTJ and ENTP which were found to have higher entrepreneurial intent, particularly in students with “Intuition” (N) and “Judging” (J) traits. Significant differences in entrepreneurial intention scores across MBTI types (F(4, 495) = 8.27, p < 0.001), indicated that psychological type plays a role in shaping entrepreneurial motivation. However, entrepreneurial success is not determined by these type alone but also by developing critical entrepreneurial skills such as resilience and adaptability in individuals. This study provides a novel insight into how behavorial-informed/leveraged education can help in providing a more diverse and robust entrepreneurial ecosystem, providing practical recommendations and hands-on method for educational institutions and policymakers in educational setting.