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0% found this document useful (0 votes)
101 views21 pages

Entrepreneurship Module 2 - New Template

Uploaded by

Kimberly Sabsal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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1 Estose

SENIOR HIGH
SCHOOL
University of Bohol
Tagbilaran City

September 14 - 25,
SUBJECT Entrepreneurship DATES COVERED
2020
GRADE
LEVEL
11 QUARTER First

PRELIMINARY - MODULE 2

LESSON 1 FOUNDATIONS OF ENTREPRENEURSHIP


CONTENT The learner demonstrates understanding of key concepts, underlying principles, and core
STANDARD competencies in Entrepreneurship.
PERFORMANCE The learner independently creates/provides a quality and marketable product and/or service
STANDARD in Entrepreneurship as prescribed in the TESDA Training Regulation.
ESSENTIAL TOPIC a. Entrepreneurship as a career
ESSENTIAL a. Explore job opportunities for Entrepreneurship as a career
COMPETENCY
Performance Task The students will interview online an Entrepreneurs, preferably established Entrepreneurs,
as regards job opportunities for Entrepreneurship as a career. The interview should be
recorded, however, if the Entrepreneur being interviewed does not wish to be videotaped,
the student should have some form of documentation of said interview. After which, they
will give their insights on the entrepreneur’s success in line with the traits on the topics
presented.
RUBRIC :
Depth of Analysis 15
Accuracy and Relevance 15
Organization 10

TOTAL 40

UNIVERSITY SENIOR HIGH SCHOOL: A vibrant University High School nurturing lives for a great future. Fulfilling pre-university experiences. SY 2020-2021
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CHECK YOUR KNOWLEDGE USING THE FOLLOWING GUIDE QUESTIONS:

1. What are the common traits of an Entrepreneur?


2. What are the Core Traits of an Entrepreneur?
3. What are the traits needed to establish your own business?
4. Does being an entrepreneur always lead to not being an employee?

PRE – TESTING HOW MUCH I


KNOW

Acierto, Marife Agustin (2017). Entrepreneurship. Unlimited Books Library Services & Publishing Inc.
STUDENT READINGS and CONCEPT
BUILDING
Batisan, Ronaldo “Ron” S. (2016). Entrepreneurship: Ideas Business Plan Implementation Process Cash Success. DIWA
Textbooks

WATCH LINK: https://bit.ly/2PMX3TR

READING LINK: Mckenzie, K. (2019, May 04). Seven Basic Elements to Know Before Starting Out on Your
Entrepreneurial Journey. Retrieved August 13, 2020, from https://bit.ly/2FaqQDN

Seven Basic Elements to Know Before Starting Out on Your Entrepreneurial Journey

By Charles Emerenwa 
May 4, 2019

Most business owners will agree on one thing - being an entrepreneur is great. Despite the challenges and risks, when
done right, the journey of entrepreneurship can be hugely rewarding. There are endless reasons for this, and every entrepreneur
will have his or her own personal reasons that makes them choose this path. On the other hand, others may find the idea daunting
due to the uncertainty of a business venture. 

Startup success can be engineered by following the right process, which means it
can be learned. Having said so, one can be taught on the art of entrepreneurship.

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To increase chances of success in the entrepreneurial field, it is important to have the necessary knowledge and the right people to
support you. If you are just starting out on your entrepreneurial journey, here are seven basic elements that you need to know
before you begin your very own exciting entrepreneurial journey.
1. Determine the Industry 

One of the important decisions to make when forming a new business is being
aware of which industry to participate in. With so many industry choices, it can
be a challenge to understand which industry is the right choice for you. The only
way to know if what seemed like a great idea in your dorm room can become a
viable business is to do the research. Take the time to thoroughly study all the
elements that go into establishing your new business. Often time, picking the
wrong industry to start a business is a result of putting profit first. The purpose of
every business should not be only just about money. It should begin with value
creation, delivering value in an efficient way that it will generate profit after cost.
https://bit.ly/2Lfnxhu

2. Do Not Wait for the Perfect Plan

Waiting too long to perfect your plans can set a business back. Having a plan is good but
waiting for a perfect plan before taking action is a waste of resources and time, it may
keep you from doing anything at all. Too much planning is a cathartic distraction. While
it is okay to have a plan, do not wait for the perfect plan. 

https://bit.ly/2VrOkYt

3. Managing Financial Expectations

Inability to manage financial expectations and premature financial decisions are often
the cause of a business downfall. No matter how good a venture is, bad financial
decisions can be extremely detrimental. Many start-up companies and small
businesses end up in failures largely because of poor financial decisions. One
important thing to note is the necessity of distinguishing funds for personal use and
company use. Confusing these two and not having a proper guideline for appropriate
fund allocation is a recipe for disaster.

https://libreshot.com/business-plan/

4. Leverage to Succeed

It is impossible to make it alone, running a business and expecting to


succeed. Entrepreneurs choose to run a venture with partners or through
collaboration because of the different skill sets the various parties bring to
the table. Regardless of company size, running any kind
of business requires skills and knowledge in a https://bit.ly/2Fldu7Z
variety of areas. Hence, it is important to talk to people with experience and diverse background to get relevant information and
knowledge that is pertinent to the success of your business venture.
5. Select Your Business Partner

Choosing the right partnership is important and brings forth many


advantages for every business.  It allows entrepreneurs to leverage on
complementary skill sets, create good working environment and pool
startup costs and spread out the risks of the venture among business

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partners. The people you choose to include and associate yourself with the business should be chosen carefully as it will be the
determinant for the success or downfall of the business venture. Hence, make sure you have a foolproof selection plan and criteria
for your leveraging choices. 
https://bit.ly/2IgDUqQ

 6. Think Outside the Box

The concept ‘think outside the box' in this context means challenging the
norm and try to figure out an alternative demand or even better, create the
demand for the market. Businesses ought to create value and a way to do so
is to address the needs and wants of the market. Being able to think
creatively and freely to create a unique demand for a new product will give
an edge to a new venture. It is also called 'getting out of your comfort zone'.
Nobody ever died of discomfort, living in the name of comfort has killed
more ideas, more opportunities, more actions, and more growth.

https://bit.ly/2YQzrRH

7. Decide on Your Business Offering

If you intend to begin as an entrepreneur with your own business, it is not


necessary to have a product line. It is a misconception that to run a business,
you should get started right away by building your first product and selling it to
the market. But the truth is, it is not that easy to come up with a great product
idea. It requires time and money to be invested on product development and
success of the new product line is not necessarily guaranteed. Thus, some
entrepreneurs choose their first venture or start-up as a service- based provider.
The logic behind this is to create a channel to start generating cash flow and go
on to capitalize on the funds for a possible future venture.

https:/
/bit.ly/
31P4cb
E

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READING LINK: The Mind Tools Content Team By the Mind Tools Content Team, Team, T., Wrote, M., Wrote, S., &
Wrote, B. (n.d.). Entrepreneurial Skills: What You Need to Start a Great Business. Retrieved August 13, 2020, from
https://bit.ly/33W6cSu

Entrepreneurial Skills

The Skills You Need to Start a Great Business

Successful entrepreneurship takes hard work, dedication and a wide skill set.

Do you have what it takes to be a successful entrepreneur? It certainly


helps to have expertise in your field. Aptitude and flair play a part, too. But the
key qualities are creativity, resilience in the face of challenges, and the social
skills needed to build great teams.

If you want to start your own business, you need to learn the specific
skills that underpin these qualities. Entrepreneurial skills can also be a major asset
if you're in a job role where you're expected to deliver new business or build new
products.
©GettyImagesgoodboypicturecompany

Whether you've seen a gap in the market, or losing your job has forced you to reassess your career, this article explains the skills
you need to make it as an entrepreneur, and explores resources that you can use to develop the skills required for success.

What Is an Entrepreneur?

Being an entrepreneur usually means starting and building your own successful business, although people with entrepreneurial
skills can thrive within larger organizations, too. Entrepreneurs generally take a creative, innovative approach, and they may take
risks that others would avoid.

Regardless of how you define the term, becoming a successful entrepreneur isn't easy, so be prepared to do the "hard yards," even
after you've learned the skills we describe below.

Many researchers have studied the subject, but there are no definitive answers. What we do know is that successful entrepreneurs
tend to have certain traits and skills in common:

 Personal characteristics.

 Interpersonal skills.

 Critical and creative thinking skills.

 Practical skills and knowledge.

The following sections examine each area in more detail, and look at some of the questions you will need to ask yourself if you
want to become a successful entrepreneur.

The Personal Characteristics of an Entrepreneur

First, examine your personal characteristics, values, and beliefs. Do you have the mindset to
be a successful entrepreneur? Ask yourself these questions:
 Optimism: Are you an optimistic thinker?  Optimism is an asset, and it will help you through the tough times that many
entrepreneurs experience as they find a business model that works for them.

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 Vision: Can you easily spot areas for improvement? Can you quickly grasp the "big picture," and explain it to others?
And can you create a compelling vision of the future, and then inspire other people  to engage with that vision?

 Initiative: Do you have initiative , and instinctively start problem-solving or business improvement projects?

 Desire to lead: Do you enjoy being in charge and making decisions? Are you motivated to lead  others?

 Drive and persistence: Are you self-motivated  and energetic? And are you prepared to work hard, for a very long time,
to realize your goals?

 Risk tolerance: Are you able to take risks , and make decisions  when facts are uncertain?

 Resilience: Are you resilient , so that you can pick yourself up when things don't go as planned? And do you learn and
grow from your mistakes and failures? (If you avoid taking action because you're afraid of failing, our article
on Overcoming Fear of Failure  can help you to face your fears and move forward.)

Interpersonal Skills of Entrepreneurship

As an entrepreneur, you'll likely have to work closely with others – so it's essential that you are able to build good relationships
with your team, customers, suppliers, shareholders, investors, and other stakeholders.

Some people are more gifted in this area than others, but you can learn and improve these skills. The types of interpersonal skills
you'll need include:

 Leadership and motivation: Can you lead and motivate others  to follow you and deliver your vision? And are you able
to delegate  work to other people? As an entrepreneur, you'll have to depend on others to get beyond the early stages of
your business – there's just too much to do by yourself!

 Communication skills: Are you skilled in all types of communication ? You need to be able to communicate well to sell
your vision of the future to a wide variety of audiences, including investors, potential clients and team members.

 Listening: Do you hear what others are telling you? Your ability to listen and absorb information and opinions can make
or break you as an entrepreneur. Make sure that you're skilled at active listening  and empathic listening.

 Personal relationships: Do you have good "people skills"? Are you self-aware, able to regulate your emotions, and
respond positively to feedback or criticism? Our article on Emotional Intelligence offers a range of strategies for
developing these crucial attributes.

 Negotiation: Are you a good negotiator ? Not only do you need to negotiate favorable prices, but you will also need to
resolve differences between people in a positive, mutually beneficial way.

 Ethics: Do you deal with people based on respect, integrity, fairness, and trust? Can you lead ethically ? You'll find it
difficult to build a happy, productive business if you deal with staff, customers or suppliers in a shabby way.

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Critical and Creative Thinking Skills for Entrepreneurs

As an entrepreneur, you need to come up with fresh ideas, and make good decisions about opportunities and potential projects.

Many people think that you're either born creative or you're not. But creativity is a skill that you can develop, and there are many
tools available to inspire you.

 Creative thinking: Are you able to see situations from a variety of perspectives to generate original ideas? Tools like
the Reframing Matrix  can help you do this.

Problem solving: You'll need sound strategies for solving business problems that will inevitably arise. Tools such as Cause &
Effect Analysis , the 5 Whys  technique, and CATWOE  are a good place to start. You'll find many more in our Problem-solving
section.)

 Recognizing opportunities: Do you recognize opportunities  when they present themselves? Can you spot a trend ?
And are you able to create a workable plan to take advantage of the opportunities you identify?

Practical Entrepreneurial Skills and Knowledge

Entrepreneurs also need practical skills and knowledge to produce goods or services effectively, and to run a company.

 Goal setting: Setting SMART goals  that are Specific, Measurable, Achievable, Relevant, and Time-Bound will focus
your efforts and allow you to use your time and resources more effectively.

 Planning and organizing: Do you have the talents, skills, and abilities necessary to achieve your goals? Can you
coordinate people to achieve these efficiently and effectively? Effective project management skills  are important, as are
basic organization skills . And you'll need a coherent, well thought-out business plan , and the appropriate financial
forecasts .

 Decision making: Your business decisions should be based on good information, evidence, and weighing up the potential
consequences. Core decision-making tools include Decision Tree Analysis , Grid Analysis , and Six Thinking Hats .

Entrepreneurs or Employment

Entrepreneurship or Employment are two different career paths that a person can choose depending on his or her personal
aspirations and work characteristics. It is really up to the person at the end of the day on what career trail he or she will follow,
considering all compelling career factors that are important to him or her. Table 1 shows a comprehensive list of the perks and
downsides of being an entrepreneur as compared to being employed.

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Table 1. Pros and Cons of Entrepreneurship vs. Employment

Important Entrepreneur Employee


Career Factors
1. Income - Income generated passively even when the - Income generated actively _i.e. on working
entrepreneur is resting hours only); no work = no pay
- Opportunity income unlimited, depending on - Income usually fixed per month and increases
the success of the business every year depending on the employer and the
- Income only earned when the business is employee’s performance
successful - Income earned whether the business is
successful or unsuccessful
2. Hiring and - Provides jobs; is the owner of the business - Seeks for a job; is the one applying for a job
Firing, and conducts the talent selection and is interviewed by the company’s hiring
Organizational - Fully responsible for serving customers, officers
Setup, and Major making the business profitable/ sustainable, - Has the goal of satisfying only the employer
Key Result Areas and providing employee satisfaction. or the direct supervisor
- Has the power to disengage nonperforming - Fully dependent on the employer’s
employees performance; is at risk of losing his or her job
- Can venture into expansion of business such if the company does not perform well; may
as franchising and buying other similar find it difficult to just leave their below par
businesses employer if this is their only source of income
- Can only work for the current employer
exclusively
3. Daily Tasks - Performs all necessary variable tasks to - Has routine tasks and works on regular or
establish and manage a stratup business, normal hours
which usually takes most of the entrepreneur’s - Follow policies, procedures, and memoranda
time; spend more hours on work than a from the employer
regular employee and sometimes gets no sleep
- Prepare policies, procedures, and
memoranda for the business
4. Leisure Time - Has a flexible schedule and can take - Has a limited number of vacation days
and Vacations unlimited number of vacation days (applicable imposed by the employer
only if the business has stabilized already)
5. Taxation - Taxed on the net income; can claim taxable - Taxed on the gross income cannot use
income deductions for allowable expenses expenses incurred related to the job such as
incurred by the business food and transportation expenses to claim for
deductions from taxable income.
6. Comfort Level - Is comfortable in doing multiple and - May be comfortable with routines and
at Work challenging tasks and takes accountability minimal risks; may also be comfortable in
with the risks and profits of the business; does working for the company itself
not want to be confined in a box; thinks
outside the box or sometimes thinks there is
no box

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CLASS WORK and FORMATIVE

ACTIVITY #1. These fifteen (15) questions that a potential entrepreneur must ask himself of herself before setting up a new
business. A Yes or No answer only.
__yes_____1. Am I a planner, dreamer, or goal setter?

__yes____ 2. Do I offer a product that people want to buy?

__yes____ 3. Do I have enough resources to start my business?

__no____ 4. Will my business plan allow cash to follow as soon as possible?

__no____ 5. Am I working around a tight budget for my expenses?

__yes____ 6. Do I have good credit status?

__no____ 7. Am I expecting too much from my revenues as a result of my hard work?

__yes____ 8. Am I ready to assess and measure everything before putting it out for the Public?

__yes____ 9. Do I have strong people skills?

__yes____ 10. Do I enjoy making decisions and being in charge?

__yes____ 11. Am I good at short-range and long-range planning?

__no____ 12. Am I willing to take initiative when confronted with difficult situations?

__no____ 13. Am I flexible, and can adapt to changing circumstance?

__yes____ 14. Am I willing to take calculated risks?

__yes____ 15. Am I ready to learn and accept the mistakes that I might encounter along the way?

If you could answer yes to most of these questions, then you are probably ready to become an entrepreneur. There are no
correct answers for these questions regardless of your answer. These are some of the basic realities that you must face when
starting a business: demand for your product or service, cash flow, income potential, marketability, and flexibility. Be prepared to
navigate the road to entrepreneurship and hurdle the challenges and roadblocks along the way.

Source: Entrepreneur: the Ultimate Guide to Starting Your Own Business

ACTIVITY #2. Identify which among the following descriptions refer to Entrepreneurs and which refer to Employees.
On the blanks, write EN for Entrepreneurs and EM for Employee.
_____EM_____1. Income is earned whether the business is successful or unsuccessful.
_____EM_____2. He or She is usually comfortable with routines and minimal risks.

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_____EN_____3. He or She is fully responsible for serving customers, making the business profitable/ sustainable, and
providing employee satisfaction.
_____EN_____4. He or She prepares policies, procedures, and memoranda for the business.
_____EM_____5. He or She is fully dependent on the employer’s performance. If the company does not perform well, he or she is
at risk of becoming jobless.
_____EN_____6. He or She is comfortable in doing multiple and challenging tasks and takes accountability with the risks and
profits of the business.
_____EM_____7. Income is generated on working hours only.
_____EN_____8. He or She has a flexible schedule and can take an unlimited number of vacation days.
_____EM_____9. He or She is taxed on the gross income. Expenses incurred related to the job such as food and transportation
expenses cannot be uses to claim for deductions from taxable income.
_____EN_____10. He or She has the power to disengage nonperforming employees, applying the due process policy of
disengaging personnel.

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ACTIVITY #3. Identify the Pros and Cons of being an Entrepreneur and Employee.
Important Entrepreneur Employee
Career Factors
1. Income
- Income usually fixed per month and
- Opportunity income unlimited, increases every year depending on the
depending on the success of the employer and the employee’s
Performance.
business

2. Hiring and - Fully responsible for serving - Has the goal of satisfying only the employer
Firing, customers, making the business or the direct supervisor
Organizational
Setup, and Major profitable/ sustainable, and providing
Key Result Areas employee satisfaction.

3. Daily Tasks - Performs all necessary variable tasks - Has routine tasks and works on
to establish and manage a startup regular or normal hours
business, which usually takes most of
the entrepreneur’s time; spend more
hours on work than a regular
employee and sometimes gets no
sleep

4. Leisure Time -Has a flexible schedule and can take - Has a limited number of vacation
and Vacations unlimited number of vacation days days imposed by the employer
(applicable only if the business has
stabilized already)

5. Taxation -Taxed on the net income; can claim - Taxed on the gross income cannot

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taxable income deductions for use expenses incurred related to the


allowable expenses incurred by the job such as food and transportation
business expenses to claim for deductions from
taxable income.
6. Comfort Level - Is comfortable in doing multiple and - May be comfortable with routines
at Work challenging tasks and takes and minimal risks; may also be
accountability with the risks and profits of the comfortable in working for the
business; company itself

Activity #4. Explain the meaning of the following.

1. Determine the Industry


One of the important decisions to make when forming a new
business is being aware of which industry to participate in. With so
many industry choices, it can be a challenge to understand which
industry is the right choice for you.
2. Do not wait for the Perfect Plan
Waiting too long to perfect your plans can set a business back. Having a
plan is good but waiting for a perfect plan before taking action is a waste
of resources and time, it may keep you from doing anything at all.
3. Managing Financial Expectations
Inability to manage financial expectations and premature financial
decisions are often the cause of a business downfall. No matter how
good a venture is, bad financial decisions can be extremely
detrimental.
4. Leverage to Succeed
Entrepreneurs choose to run a venture with partners or through collaboration because of the
different skill sets the various parties bring to the table. Regardless of company size, running any
kind of business requires skills and knowledge in a variety of areas.
5. Select Your Business Partner
The people you choose to include and associate yourself with the business should be
chosen carefully as it will be the determinant for the success or
downfall of the business venture.

6. Think Outside the Box


Being able to think creatively and freely to create a unique demand for a new
product will give an edge to a new venture. It is also called 'getting out of your comfort zone'.

UNIVERSITY SENIOR HIGH SCHOOL: A vibrant University High School nurturing lives for a great future. Fulfilling pre-university experiences. SY 2020-2021
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7. Decide on Your Business Offering


It is a misconception that to run a business, you should get started
right away by building your first product and selling it to the
market.

Activity 5. Answer the Following:


1. Choose an Entrepreneur:
Socorro Ramos- National Book store
2. Tell His or Her story:
Socorro Ramos entered the publishing and retail industry by working as a salesgirl at a bookstore. At the age
of 19, she opened National Book Store in Escolta with her husband with a capital of P200, selling books and
school supplies to students. At that time, Manila was under the control of the Japanese, who imposed
censorship on books and periodicals. To augment their earnings, she and her husband resorted to selling
other items like candles and soaps.
After the post-war boom proved profitable for the company, ushering in bigger revenues, the Ramoses
opened a nine-story building along Avenida. At 95, she still believes in the time-honored tradition of “hands-
on approach” in business. She even designed the company’s logo herself, With all her awards and wealth,
Socorro Ramos stays humble and credits her success to values

3. How are you inspired by the story?


As a student I’m inspired with their story because they’ve worked hard at a very young age.
4. What are the lessons that you learned from the story?
The lessons that I have learned is no matter how small from the start you have just to believe and work hard
because at the end all your hard works and dedication will be paid-off.
5. What are the characteristics that seem similar to you?
The characteristics that’s similar to me is “passion” because no matter how hard it is if we have the
courage to face the challenges we can overcome it.

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ASSESSING CONTENT

Topical Summative Test

Test I – Multiple Choice


Instructions: Underline the letter and word of your answer.
1. An asset that will you through tough times that many entrepreneurs experience as they final business
model that works for them.
a. Optimism b. Vision c. Initiative d. Resilience e. Desire to Lead
2. Creating a compelling scene of the future, and then inspire other people to engage with it.
a. Optimism b. Vision c. Initiative d. Resilience e. Desire to Lead
3. Instinctively start problem-solving or business improvement projects.
a. Optimism b. Vision c. Initiative d. Resilience e. Desire to Lead
4. Enjoy being in charge and making decisions.
a. Optimism b. Vision c. Initiative d. Resilience e. Desire to Lead
5.Ability to pick yourself up when things don’t go as planned.
a. Optimism b. Vision c. Initiative d. Resilience e. Desire to Lead
6. Can lead and others to follow you and deliver your vision.
a. Leadership and Motivation b. Communication Skills c. Listening
d. Personal Relationship e. Negotiation
7. Able to communicate well to sell your vision of the future to a wide variety of audiences.
a. Leadership and Motivation b. Communication Skills c. Listening
d. Personal Relationship e. Negotiation
8. Hearing what others are telling.
a. Leadership and Motivation b. Communication Skills c. Listening
d. Personal Relationship e. Negotiation
9. Resolve differences between people in a positive, mutually beneficial way.
a. Leadership and Motivation b. Communication Skills c. Listening
d. Personal Relationship e. Negotiation
10. Self-aware, able to regulate your emotions, and respond positively to feedback or criticism.
a. Leadership and Motivation b. Communication Skills c. Listening
d. Personal Relationship e. Negotiation

Test II – Enumeration
Enumerate at least 6 Personal Characteristics of an Entrepreneur

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1. optimism
2. vision
3. initiative
4.desire to lead
5.drive and persistence
6.Risk-tolerance
Enumerate at least 5 Interpersonal Skills of Entrepreneurship
7. Leadership and motivation
8.communication skills
9. listening
10. personal relationship
11.negotiation
The 3 Critical and Creative Thinking Skills for Entrepreneurship
12.creative thinking
13.problem solving
14.recognizing opportunities
Important Career Factors
15. income
16.hiring and firing, organizational, setup, and major key result areas
17. daily task
18.leisure time and vacation
19.taxation
20.comfort level at work

Test III – Identify the Pros and Cons of being an Entrepreneur and Employee

Important Entrepreneur Employee


Career Factors
1. Income

2. Hiring and
Firing,
Organizational
Setup, and Major

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Key Result Areas

3. Daily Tasks

4. Leisure Time
and Vacations

5. Taxation

6. Comfort Level
at Work

UNIVERSITY SENIOR HIGH SCHOOL: A vibrant University High School nurturing lives for a great future. Fulfilling pre-university experiences. SY 2020-2021
17 Estose

UNIVERSITY SENIOR HIGH SCHOOL: A vibrant University High School nurturing lives for a great future. Fulfilling pre-university experiences. SY 2020-2021
18 Estose

ASSESSING PERFORMANCE

Performance Task with RUBRIC

Mini Task 1
The students will interview online an Entrepreneurs, preferably established Entrepreneurs, as regards job
opportunities for Entrepreneurship as a career. The interview should be recorded, however, if the Entrepreneur being
interviewed does not wish to be videotaped, the student should have some form of documentation of said interview. After
which, they will give their insights on the entrepreneur’s success in line with the traits on the topics presented.

Name of Interviewer: Kimberly Rose B. Sabsal

Name of Interviewee:

Business:

Location:

Founded on:

Guide Questions:

1. What motivated you to become an Entrepreneur?


:
2. What specific skills and knowledge you consider as your strengths in operating the business?
:
3. Have you encountered challenges in the business? How did you deal with them?
:
4. What are your motivations in pursuing entrepreneurship?
:
5. Who are your role models?
:
Documentations:

Insights:

UNIVERSITY SENIOR HIGH SCHOOL: A vibrant University High School nurturing lives for a great future. Fulfilling pre-university experiences. SY 2020-2021
19 Estose

GENERALIZING CONCEPTS
POST-TESTING HOW MUCH DID I LEARN:

1. What are the common traits of an Entrepreneur?


2. What are the Core Traits of an Entrepreneur?
3. What are the traits needed to establish your own business?
4. Does being an entrepreneur always lead to not being an employee?

STUDENT’S NOTES and TAKEAWAYS

SELF LEARNING
ACHIEVED – NOT ACHIEVED
 CHECK TEACHER’s REMARKS
TARGETS
CHECKLIST
MARK MARK X

UNIVERSITY SENIOR HIGH SCHOOL: A vibrant University High School nurturing lives for a great future. Fulfilling pre-university experiences. SY 2020-2021
20 Estose

Define Entrepreneurship

Compare and Contrast the common and core


competencies in entrepreneurship

Apply the traits in day to day life


FORMATIVE-SUMMATIVE TEACHER’s REMARKS
ACHIEVED – NOT ACHIEVED
ASSESSMENTS
Did I accomplish all activities in the class
work?
Did I get 70% score in the summative
assessment
Did I accomplish all performance tasks?

AS A UBIAN, HOW WILL I PRACTICE RESPONSIBLE USE OF THE DIFFERENT

COMMON AND CORE TRAITS OF AN ENTREPRENEUR IN ESTABLISHING A BUSINESS

THAT WOULD ACCOMMODATE THE CUSTOMERS NEEDS AND WANTS?

UNIVERSITY SENIOR HIGH SCHOOL: A vibrant University High School nurturing lives for a great future. Fulfilling pre-university experiences. SY 2020-2021
21 Estose

REFERENCE LIST

Bibliography

Acierto, Marife Agustin (2017). Entrepreneurship. Unlimited Books Library Services & Publishing Inc.

Batisan, Ronaldo “Ron” S. (2016). Entrepreneurship: Ideas Business Plan Implementation Process Cash Success. DIWA
Textbooks

Entrepreneurs: Required Skills and Competencies. (2018, January 1). https://bit.ly/2PMX3TR

Mckenzie, K. (2019, May 04). Seven Basic Elements to Know Before Starting Out on Your Entrepreneurial Journey. Retrieved
August 13, 2020, from https://bit.ly/2FaqQDN

The Mind Tools Content Team By the Mind Tools Content Team, Team, T., Wrote, M., Wrote, S., & Wrote, B. (n.d.).
Entrepreneurial Skills: What You Need to Start a Great Business. Retrieved August 13, 2020, from https://bit.ly/33W6cSu

UNIVERSITY SENIOR HIGH SCHOOL: A vibrant University High School nurturing lives for a great future. Fulfilling pre-university experiences. SY 2020-2021

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