Entrep M1

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Entrepreneur

ship
c t i v e
O bje • Discuss the relevance
of the course
s • Explore job
opportunities for
Entrepreneurship as a
career
Before starting, let us see what PRE-TEST
you already know about
Entrepreneurship.

_______1. Entrepreneur means “to undertake.”


_______2. Entrepreneurship is a process of actions of an entrepreneur who is
always in search of opportunities.
_______3. The greatest significance of entrepreneurship is to help dentify and
develop the managerial capabilities of entrepreneurs.
_______4. Entrepreneurship will lead to the creation of organizations.
_______5. Entrepreneurship can improve the life of the entrepreneur only.
_______6. Coward people will become successful entrepreneur.
Before starting, let us see what
you already know about
PRE-TEST
Entrepreneurship. True or
False
_______7. An entrepreneur is a “Risk Taker”.
_______8. Entrepreneurship is not an economic activity.
_______9. Entrepreneurs are innovative.
_______10. Profit potential is the compensation of the entrepreneur.
_______11. An entrepreneur can become a business consultant.
_______12. An entrepreneur can also be a researcher.
_______13. An entrepreneur can also become a salesman.
_______14. Entrepreneurship graduates can become a business reporter.
_______15. The entrepreneur could easily see the results of his efforts.
? ?

? ?
Entrepreneurship?

? ?
E GIVE AT LEAST FIVE (5)
LE 1 T M
A c t iv i t y NAMES OF ENTREPRENEURS
K N O W
THAT YOU KNOW. MAY IT BE
FROM your locality or within
Philippines. Identify what are their
common traits as
entrepreneur.
enterprendre innovators
• introduces new methods, ideas, or
• “ to undertake” products.

willing to take
Enterprise ENTREPRENE risks
• created
UR
generate new
Entrepreneurship ideas
• the process of an enterprise • make it unique and profitable
solutions to the present-day
problems.
A NC E
E V
REL • DEVELOPMENT OF • CREATION OF
OF R S MANAGERIAL which means that because of
ORGANIZATIONS
E N E U CAPABILITIES
Vone of the benefits an
entrepreneurships

R E P R many organizations will exist


E NT entrepreneur gets is to develop
his managerial skills.
HIP
TO A N
A T IO N
A N I Z • IMPROVING • MEANS OF ECONOMIC
O R G STANDARD OF LIVING DEVELOPMENT
this means that this means that not only the
entrepreneurship can lift up the life of the entrepreneur is
economic status of an improved but also the society
individual. where the business is located.
Initiative
which means doing things even
before being told.

Factors Affecting Proactive


which means he can classify
Entrepreneurship opportunities and seize it.
Personality Factors which includes:

Problem Solver
which means he can retain good
relations with other people
Perseverance
meaning he will pursue things to get
done regardless of
challenges

Persuasion
means that he can entice people to
buy even if they don’t.
Factors Affecting
Entrepreneurship A Planner
Personality Factors which includes: meaning he makes plan before doing
things and do not fail to
monitor it.

Risk-taker
which means that he is willing to
gamble but he will calculate it
first.
Environmental Factors
Factors Affecting which include political, climate, legal
system, economic and social conditions
Entrepreneurship and market situations.
Common
Compete ncies in
Entrepre neurship
Commu
Decisi
an entrepreneur must
nicator
an entrepreneur must
Leader
ve
be firm in making have a convincing
an entrepreneur must have
the charisma to be
decisions. power.
obeyed by his employees
Common
Compete ncies in
Entrepre neurship
Opport Risk
unity must
an entrepreneur
Proacti
controlling a situation
Taker
they have the courage to
seeker
have the ability to be vethings to
by making pursue what is their
the first to happen or by preparing business ideas.
see business chances. for possible future
problems.
Common
Compete ncies in
Entrepre neurship

Innovat
entrepreneurs have big
ive
business ideas and they
do not stop
improving and thinking
of new worthwhile
ideas for their business.
Core Competencies in
Entrepreneurship

Economic and Innovative Profit Potential Risk bearing


dynamic activity
Entrepreneurship is an Entrepreneurs constantly meaning the meaning the
economic activity because it look for new ideas, thus entrepreneur can be entrepreneur needs to
involves the creation and he needs to be compensated by his gamble but wise enough
operation of an enterprise creative. profit coming from the to offset the risk.
with a view to creating value operation. as, thus he
or wealth by ensuring needs to be creative.
optimum utilization of
limited resources.
Types of
entrepreneurs

Innovative Imitating Fabian


entrepreneur entrepreneurs
entrepreneurs

they are those who always they are those who don’t create they are those skeptical. They
make new things by new things but only don’t initiate but follow
thinking of new ideas. follow the ideas of other only after they are satisfied.
entrepreneurs.
Types of
entrepreneurs

Drone entrepreneur Social entrepreneurs

They are those who lives on the They are those who initiate changes in
labor of others. They are die-hard the various fields such as education,
conservatives even ready to suffer health, human rights, environment and
enterprise
the loss of business.
development.
Career
Opportun ities
Business Teacher of
Researcher Sales Business
Consultant Entrepre neurship Reporter
with the expertise of a graduate of an the entrepreneur can the the
the entrepreneur he entrepreneurship can be employed as entrepreneurship entrepreneur
can be a be use his knowledge researcher by an graduate can being expert in
very good source of in enterprise. apply as the field, he can
advices to other teaching salesman be
entrepreneurs and employed as
would be business business
man. reporter.
Qualities Yes No

Activity 2 Risk Taker

Communicator
• SELF ASSESSMENT
Leader
Direction:
Find out if you have the qualities Opportunity seeker
of an entrepreneur. Put a check
Proactive
mark on the box.
Innovator

Decisive
Generalization

_______________ are people who


take the risk, they are innovators and
contributors to the development of the
_______________.
1. What motivated you to become an
entrepreneur?
2. What do you think are your
Activity 3 characteristics and competencies that
made you a successful entrepreneur?
3. What do you think of being employed?
Why didn’t you choose that path?

Interview the Known


Choose three successful entrepreneurs in your community
or nearby places and conduct an interview using the guide
questions below. Discuss the result of your interview to
your teacher.
Assessment

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