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Personality Development For GRADE 10 TLE

This document discusses the social responsibilities of entrepreneurs. It notes that entrepreneurs should establish positive relationships with different stakeholders to benefit the business. It provides steps to implement social responsibility, including identifying a cause, linking with organizations, designing programs, and involving employees and customers. The document also discusses factors affecting entrepreneurs like having a viable idea, business skills, capital, and necessary personality traits. Personality traits of successful entrepreneurs include passion, risk-taking, dedication, adaptability, understanding markets, financial management, planning, networking abilities, and preparedness to exit a business if needed.

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Joseph Ong
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436 views

Personality Development For GRADE 10 TLE

This document discusses the social responsibilities of entrepreneurs. It notes that entrepreneurs should establish positive relationships with different stakeholders to benefit the business. It provides steps to implement social responsibility, including identifying a cause, linking with organizations, designing programs, and involving employees and customers. The document also discusses factors affecting entrepreneurs like having a viable idea, business skills, capital, and necessary personality traits. Personality traits of successful entrepreneurs include passion, risk-taking, dedication, adaptability, understanding markets, financial management, planning, networking abilities, and preparedness to exit a business if needed.

Uploaded by

Joseph Ong
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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LESSON 2.

THE ENTREPRENEUR
SOCIAL RESPONSIBILITIES OF AN
ENTREPRENEUR
• SOCIAL RESPONSIBILITY – pertains to the act of
being concerned and sensitive toward cultural, social,
economic, and environmental issues.
• One of your roles, as a social entrepreneur, is to establish
positive relationships with different people in order to
establish a better relationship that would benefit the
business.
Here are some of the steps to make social responsibility work:
1. Identify a specific cause that you want to support.
2. Link with other organizations
3. Design a program.
4. Involved employees and customers.
5. Sustain the mission.
Different people involved in the business operation:
1. Workers
2. Suppliers
3. Customers
4. Government
5. Business organizations and competitors
Factors Affecting Entrepreneurs

1. Viable business idea


2. General business skills
3. Adequate capital
4. Personality requirements
Personality Requirements
Personality Requirements
• Includes the necessary attributes of
entrepreneurs to be successful in the
line of business.

• Their personal qualities matter in


determining the factors for
entrepreneurial success.
a. Passion and motivation
• From concept formulation to
establishing the business and its
operation.

• The drive should always be there to keep


the business going.
b. Risk - taking
• Pertains to the readiness and willingness of
entrepreneurs to dive deep into the future
of uncertainty.

• Willing to risk their time, energy, and


money.

• They never fail to prepare back up plans.


c. Dedication and Discipline
• Entrepreneurs enjoy their work.

• There may be times when they


show stubbornness in their
overflowing desire to prove
something about their idea to
increase sales.
d. Adaptability and Flexibility
• Without these qualities, the business
will surely leads to its failure.

• Needs are constantly changing and


consumer’s needs and wants also
change over time.
e. Understanding the Market

• Can help entrepreneurs plan better


strategies to avoid business downfall.

• They must be up-to-date.

• Greater advantage over the other


competitor.
f. Financial Management
• Keeping a complete record on
the different financial related
works like expenses and profit
management.
g. Planning
• Is done in advance.

• Entrepreneurs should predict and


anticipate possible solutions to
future problems.

• They can handle problem well.


h. Networking abilities
• Happen when entrepreneurs reach out
to experienced.

• Knowledgeable connections or people


who can help them provide
professionals, and more reliable
advices to their business.
i. Preparedness to take the exit

• is absolutely fine because they know


that there is always a risk in
business.
Answer page 198 - 199
Activity
• Evaluate yourself. List some of your personality that you think will
help you succeed in any line of business. Explain.
GROUP ACTIVITY
-each group will collaborate their ideas about the following quotes.

1. “ Start where you are. Use what you have. Do what you can.”
- Arthur Ashe

2. “ Great things never come from comport zones.”


- Anonymous

3. “ If plan A did not work, always remember that you still have 25 more letters.”

- Anonymous

4. “ The victory of success is half won when one gains the habit of setting and achieving goals”.
- Og Mandino

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