CONTENT STANDARD

The learner demonstrates understanding

of key concepts, underlying principles, and
core competencies in Entrepreneurship.
PERFORMANCE STANDARD

The learner independently

creates/provides a quality and
marketable product and/or service
in Entrepreneurship.
LEARNING OUTCOMES

✔ Demonstrate understanding of key concepts,

underlying principles, and core competencies
in entrepreneurship.
✔ Demonstrate understanding of concepts,
underlying principles, and processes of
developing a business plan.
LEARNING OUTCOMES

✔ Demonstrate understanding of the

environment and market in one’s locality or
town.
✔ Demonstrate understanding of operating a
simple business.
 SPECIFIC LEARNING OUTCOMES

✔ Discuss the relevance of entrepreneurship in

general, including its economic importance.
✔ Define who is an entrepreneur.
INTRODUCTION
Can you guess who these people are?

Henry Sy
Henry Tan Chi Sieng Sy Sr.
Can you guess who these people are?

Manuel "Manny" Bamba Villar Jr.

Can you guess who these people are?

John Gokongwei
Can you guess who these people are?

Jaime Augusto Zobel de Ayala

Can you guess who these people are?

Tony Tan Caktiong

Can you guess who these people are?

Alfredo M. Yao
Can you guess who these people are?

Socorro Cancio-Ramos
What is Entrepreneurship?
 Entrepreneurship is a proactive process of
developing business venture to make a profit. It
involves seeking opportunities for a market,
establishing and operating a business out of the
opportunity, assessing its risks and rewards through
close monitoring of the operations.
 Societal and Economic Benefits of
Entrepreneurship
1. Entrepreneurship produces more jobs that
equate to an increase in national income.
2. Entrepreneurship amplifies economic activities
of different sectors of society.
3. Entrepreneurship introduces new and innovative
products and services.
 Societal and Economic Benefits of
Entrepreneurship

4. Entrepreneurship improves people’s living

standards.
 Societal and Economic Benefits of
Entrepreneurship
5. Entrepreneurship disperses the economic power
and creates equality.
6. Entrepreneurship controls the local wealth and
balances regional development.
7. Entrepreneurship reduces social conflicts and
political unrest
 Societal and Economic Benefits of
Entrepreneurship

8. Entrepreneurship elicits economic independence

and capital formation.
Who is an Entrepreneur?
 The word “entrepreneur” has a French origin and
was coined from the words entre, which means
“between”, and prendre, which means “to take.”
An entrepreneur is a unique individual who has the
innate ability and extraordinary dedication to establish
and manage a business, acknowledging all the risks
and reaping its rewards.
 True Entrepreneur
Five Levels of
Entrepreneurial Investor
Development
Leader
Manager
Self-employed
The Self-Employed

Self-Employed
persons are, simply
put, not comfortable
with the routines of a
desk job.
The Manager
In this level,
entrepreneurs feel the
need to step up and ask
some help from the
people around them. They
delegate and hire
potential employees to do
the work.
The Leader
Entrepreneur in this
level already enjoy seeing
their people flourish,
stepping up and
producing great results
with minimal supervision.
The Investor
They may either purchase
one or two businesses that can
potentially add value to the
company, or sell their
established business (as a
franchise) to potential
entrepreneurs.
The True Entrepreneur
They have fully learned, and
continue to practice, a
four-step process of
thinking– starting with
idealization, visualization,
verbalization, and
materialization.
Entrepreneur’s Field/Expertise
 Entrepreneur’s Field/Expertise

1. Technopreneur is an
entrepreneur who puts
technology at the core of
his or her business model.
 Entrepreneur’s Field/Expertise
2. Social Entrepreneur is
one who takes advantage of
the country’s social
problems and turn them to
profitable institutions with
the intention of helping the
disadvantaged community
rather than making a profit.
 Entrepreneur’s Field/Expertise
3. Intrapreneur is an
entrepreneur in a large
company or a corporation
who is tasked to think,
establish, and run a new big
idea or project.
 Entrepreneur’s Field/Expertise
4. Extrapreneur is an
entrepreneur who hops
from one company to
another to act as the
innovation champion,
providing creative and
efficient solutions.