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Entrep Q1 Module 1

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30 views45 pages

Entrep Q1 Module 1

Uploaded by

ultipranks
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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ENTREPRENEURS

HIP
QUARTER 1- MODULE 1- Introduction to
Entrepreneurship
OBJECTIVES
1. Discuss the relevance of the course;
2. Explain the key concepts of common
competencies;
3. Explain the core competencies in
Entrepreneurship;
4. Explore job opportunities for Entrepreneurship
as a career.
LET’S TRY
ENTREPRENEUR?
ACTIVITY 2: PROVIDE ME WHAT YOU KNOW
GUIDED QUESTIONS
• Competencies of Entrepreneurs
• 1. What characteristics that you can observe or see that is common to them?
• 2. Who among the entrepreneurs you mentioned that you admire most and why?
• 3. In your own opinion, what do you need to possess to become a successful entrepreneur?
BUSINESSMAN

ENTREPRENEU
RELEVANCE OF ENTREPRENEURSHIP TO
AN ORGANIZATION
ENTREPRENEURSHIP TO AN
ORGANIZATION
1.DEVELOPMENT OF MANAGERIAL
CAPABILITIES
2.CREATION OF ORGANIZATIONS
3.IMPROVING STANDARD OF LIVING
4.MEANS OF ECONOMIC DEVELOPMET
1. DEVELOPMENT OF Click icon to add picture
MANAGERIAL
CAPABILITIES

This means that one of the


benefits an entrepreneur gets
is to develop his managerial
skills
MANAGERIAL SKILLS

P
C L
O
MANAGERIAL SKILLS
A.PLANNING – Establishing goals and ways of
achieving them
B.LEADING- Encouraging the human factor in
performance
C.ORGANISING- Arranging people and works to
accomplish objectives
D.CONTROLLING- Making sure performance
conforms with plan
2. Creation of organization
Click icon to add picture
2. CREATION OF
ORGANIZATION

which means that


because of
entrepreneurships many
organizations will exist.
Click icon to add picture
3. IMPROVING
STANDARD OF LIVING
3. IMPROVING
STANDARD OF LIVING
this means that
entrepreneurship can
lift up the economic
status of an individual.
3. IMPROVING
STANDARD OF LIVING
4. MEANS OF
ECONOMIC
DEVELOPMENT
This means that not only the life
of the entrepreneur is improved
but also the society where the
business is located
CONCEPT OF
ENTREPRENEURSHIP
CONCEPT OF
ENTREPRENEURSHIP
ENTREPRENEUR
“ENTERPRENDER”
UNDERTAKE
(Undertake the “risk of enterprise”)

ENTREPRENEURSHIP
FACTORS AFFECTING
ENTREPRENUERSHIP
FACTORS AFFECTING
ENTREPRENUERSHIP
PERSONALITY ENVIRONMENTAL
FACTORS FACTORS
FACTORS AFFECTING
ENTREPRENEURSHIP
1. PERSONALITY AFFECTING ENTREPRENUERSHIP
A. Initiative
B. Proactive
C. Problem Solver
D. Perseverance
E. Persuasion
F. A Planner
G. Risk-Taker
2, ENVIRONMENT FACTORS
1. PERSONALITY FACTORS
INITIATIVE PROACTIV PROBLEM
E SOLVER

which means which means which means


doing things he can classify he can retain
even before opportunities good relations
being told and seize it. with other
people.
PERSEVERANC
E PERSUASION PLANNER

meaning he means that he meaning he


will pursue can entice makes plan
things to get people to buy before doing
done regardless even if they things and do
of challenges. don’t. not fail to
monitor It.
RISK-
TAKER

which means
that he is
willing to
gamble but he
will calculate it
first.
2. ENVIRONMENTAL FACTORS

which include political, climate, legal system,


economic and social conditions and market
situations
COMMON
COMPETENCIES IN
ENTREPRENEURSHIP
COMMON COMPETENCIES IN
ENTREPRENEURSHIP
1. Decisive
2. Communicator
3. Leader
4. Opportunity seeker
5. Proactive
6. Risk Taker
7. Innovative
COMMUNICATO
DECISIVE R LEADER

an entrepreneur an an entrepreneur
must be firm in entrepreneur must have the
making must have a charisma to be
decisions convincing obeyed by his
employees.
power.
OPPORTUNITY RISK
SEEKER PROACTIVE TAKER

an entrepreneur controlling a they have the


must have the situation by courage to pursue
making things to their business
ability to be the happen or by
first to see ideas.
preparing for
business chance possible future
problems.
INNOVATIVE

the entrepreneurs have big


business ideas and they do
not stop improving and
thinking of new
worthwhile ideas for their
business.
CORE COMPETENCIES
IN
ENTREPRENEURSHIP
CORE COMPETENCIES IN
ENTREPRENEURSHIP
1. ECONOMIC AND DYNAMIC ACTIVITY
2. INNOVATIVE
3. PROFIT POTENTIALS
4. RISK BEARING
CORE COMPETENCIES IN
ENTREPRENEURSHIP
ECONOMICAND DYNAMIC
ACTIVITY INNOVATIVE
• Entrepreneurship is an
economic activity because it • Entrepreneurs
involves the creation and
operation of an enterprise with constantly look for new
a view to creating value or ideas, thus he needs to
wealth by ensuring optimum be creative.
utilization of limited resources
CORE COMPETENCIES IN
ENTREPRENEURSHIP
PROFIT POTENTIAL RISK BEARING

• The entrepreneur can


be compensated by his • The entrepreneur needs
profit coming from the to gamble but wise
operation. enough to offset the
risk.
TYPES OF ENTREPRENEUR

IMITATING
INNOVATIVE

TYPES OF
ENTREPRENEU
RS
SOCIAL
FABIAN

DRONE
TYPES OF
ENTREPRENEURS

. INNOVATIVE ENTREPRENEUR
• They are those who always make new things by
thinking of new ideas. They have the ability to
think newer, better and more economical ideas.
TYPES OF
ENTREPRENEURS

. IMITATING ENTREPRENEURS
• They are those who don’t create new things but
only follow the ideas of other entrepreneurs.
TYPES OF
ENTREPRENEURS

. FABIAN ENTREPRENEURS
• They are skeptical about changes to be made in the
organization. They don’t initiate but follow only
after they are satisfied.
TYPES OF
ENTREPRENEURS

4. DRONE ENTREPRENEURS
• They are those who lives on the labor of others.
They are die-hard conservatives even ready to
suffer the loss of business.
TYPES OF
ENTREPRENEURS

. SOCIAL ENTREPRENEURS
• They are those who initiate changes and drive
social innovation and transformation in the various
fields such as education, health, human rights,
environment and enterprise development
CARRER
OPPORTUNITIES
OF
ENTREPRENEURS
HIP
CAREER OPPORTUNITIES OF
ENTREPRENEURSHIP

BUSINESS
TEACHER RESEARCHER
CONSULTANT

BUSINESS
SALES
REPORTER

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