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GR 5 PPT Week 1 - Role of Entrep

Entrepreneurs play an important role by transforming available resources into small or large businesses and taking on financial risks with the hope of profit. They create employment, improve the economy, increase incomes, and make communities more progressive by satisfying consumer needs. Successful entrepreneurs are persistent, hardworking, innovative risk-takers with self-confidence, knowledge, energy and high standards. Filipino business owners are often risk-takers with strong work ethic, honesty and respect for others that contribute jobs and economic growth. Both product and service businesses can benefit communities by meeting consumer demand.

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Cyrille Lorenzo
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45 views

GR 5 PPT Week 1 - Role of Entrep

Entrepreneurs play an important role by transforming available resources into small or large businesses and taking on financial risks with the hope of profit. They create employment, improve the economy, increase incomes, and make communities more progressive by satisfying consumer needs. Successful entrepreneurs are persistent, hardworking, innovative risk-takers with self-confidence, knowledge, energy and high standards. Filipino business owners are often risk-takers with strong work ethic, honesty and respect for others that contribute jobs and economic growth. Both product and service businesses can benefit communities by meeting consumer demand.

Uploaded by

Cyrille Lorenzo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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ROLE OF

ENTREPRENEURS
HIP AND
ENTREPRENEUR
Prepared by: Sir Cy
Entrepreneurship
source s in to sm al l o r big business.
ef fe ct ive tr an sfo rm a tion of available re h ope of profit.
Refers to n an ci al ri sk s in the
up a bu si ne ss or bu si nesses, taking on fi
Activity of setting
Big and Small business
Are they important ?
Creates employment
Improves the economy
Increase family income
Makes community busy and progressive
Improves the standard of living of the people
Makes use of indigenous materials
Characteristics of a successful
entrepreneur
Persistent
Hardworking
Innovative
Risk Taker
Self Confident
Knowledgeable
Energetic and Enthusiastic
Responsible
Can manage very well
Has high standards
Filipino Business Owner
Many of Filipino entrepreneurs are risk taker.
Industrious , thriftiness and perseverance to attain success.
Good human relation. (Pakikisama) and honest.
Respect for hard worker.
Good in handling their customers and co-workers
Open in needs/demands of their customers.
What is their contribution to
our country?
Satisfy the needs and demands of consumer
Create jobs for people
Develop creative product design that are exported.
Inspires young , in terms of leadership and resourcefulness.
Helps economy.
Recognize inventions/projects of young people.
Satisfy the needs and demands of
consumer
Create jobs for people
Develop creative product design that
are exported.
Inspires young , in terms of
leadership and resourcefulness.
Helps economy.
Recognize inventions/projects of
young people.
Type of business
1. Product Business

2. Service Business
Things needed to consider
1. Talent
2. Interest
3. Profitability
4. Training experience
5. Growth
6. A market for product or service
7. Time for business
8. Availability
9. Expertise of Workers
10. Emotional stability and knowledge of the business
Types of business Persons who will benefit from the business
Product Business
Restaurants, Eateries Students, employees, office workers, call center

Who will
(carinderias)Cafeterias, Drive thrus agents and drivers
Bakeries People in the community, students and employees
Native delicacies People in the community, students, workers,

benefit? Native candies (yema, polvoron and etc), dried


mango and nuts.
balikbayans and tourists.
People in the community, students, workers,
balikbayans and tourists.
Bag-making People in the community, students, workers,
balikbayans and tourists.
Sari-sari store People in the community & parents
Newsstand People in the community, workers, office workers,
elderly people & parents.
Balloons Events/party organizers, offices, employees and
students
Jewelry Making Actresses, models, mothers and office workers
Service Business
Babysitting Working mothers, infants and
preschoolers
Household Help Working mothers, employees and
students
Dressmaking, tailoring Students and employees
Beauty parlor/barber shop Students, employees and people residing
in the community
Laundry shop Families w/out maids, students away
from their families.
Shoe/bag repair shop Students, family members and people
residing in the community
Nursery schools Toddlers, maintenance personnel

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