Introduction to Entrepreneurship 1
Introduction to Entrepreneurship 1
Entrepreneurship
Answer the questions.
•Instruction:
Read the statements carefully then write
True if the statement is correct & write False
if you think the statement is not correct.
1.Entrepreneur means “to undertake.”
•
1. What characteristics can you observe or see that are
common among the entrepreneurs that you have listed?
2. Environmental Factors which include political, climate, legal system, economic and social conditions and market situations.
Common Competencies in Entrepreneurship
1. Decisive - an entrepreneur must be firm in making decisions.
2. Communicator - an entrepreneur must have a convincing power.
3. Leader - an entrepreneur must have the charisma to be obeyed by his employees.
Common Competencies in Entrepreneurship
4. Opportunity seeker - an entrepreneur must have the ability to be the first to see business chances.
5. Proactive – an entrepreneur can control a situation by making things happen or by preparing for possible future problems.
Common Competencies in Entrepreneurship
6. Risk Taker – an entrepreneur has the courage to pursue business ideas.
7. Innovative - the entrepreneur has big business ideas and he does not stop improving and thinking of new worthwhile ideas for his business.
Core Competencies in Entrepreneurship
5. 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.
-A person who pursues an innovative idea with the
potential to solve a community problem.
Career Opportunities of Entrepreneurship