Here at FIRST we use the EntreComp Framework to help in the design and delivery of all of our materials, as well as driving everything that we do.

The framework can be broken down into three interconnected, yet distinct competence areas: Ideas and Opportunities, Resources and Into Action

These areas are then comprised of five entrepreneurial competencies which together create the fifteen competencies that help individuals, teams and organisations develop an entrepreneurial mindset and to spot ideas and opportunities, and to create value for others.

Keep reading to find out about the five competencies that sit within the area of Resources.

Knowing your strengths and weaknesses. Taking the time to reflect on your needs, aspirations and wants in the short, medium and long term and believing in your ability to influence.

Being determined to turn ideas into action. Being resilient under pressure, adversity and temporary failure. Being prepared and patient to achieve your long-term goals.

Knowing how to find and manage resources needed to turn ideas into action. Making the most of limited resources. Knowing how to make the best use of these resources.

Being able to estimate the cost of turning an idea into a value-creating activity. Being able to put in place and evaluate financial decisions. Managing finances to ensure activities last.

Enthusing and inspiring relevant stakeholders. Demonstrating good communication, persuasion, negotiation and leadership skills. Knowing how and where to ask for help.

If you'd like to put your enterprise skills in action, why not join us for some of the following opportunities below!

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