Activity 5.
1 Getting Started
Entrepreneurship
Name: Quimson, Randolph S.
Section: 12 ABM A
Answer the following questions meaningfully. (5 points each item)
1. If you were to set up a business venture, what would be your personal purpose for doing so? What
type of business would you set up? What would be the mission of this enterprise? Craft a personal
and an enterprise mission statement.
The business that I would like to set up in the future is Residential Real Estate. For me, doing
this type of business will help me to become wealthy since it is very good investment to anyone.
The mission of this is to help out people to provide their residential homes, to feel the
comfortableness, safety and healthy environment within their place to live. To inspire healthier
communities by connecting people from good neighbourhood.
2. What is your compelling business concept? What would be your vision for your business five years
after setting this up?
The business that I want to establish is Residential Real Estate which will offers single-family
homes, condos, cooperatives, duplexes, townhouses, and multifamily residences with fewer than
five individual units. My business’ vision after five years is to create better homes and sustain
safe livelihood in everyday life for many people.
3. What name would you give to your business venture? What is the significance of that name?
Would it project the image you desire for your business?
The name of my business venture in “Prestige Coup, Inc.”. I chose to create this unique name
because it has meaning for me that’s very relatable to what I have done before having the
business that I want to have. It would project to the image that I desired to my business because
as it says in the company’s name itself, the word “prestigious” means inspiring respect and
admiration; having high status and the word “coup” means notable move. These certain
words describes the way I want my company to work with.
4. If you were to invite investors to your business, who would they be and why? What are the possible
sources of financing for your business venture?
I want to invite those investors who’s not really related to me to avoid being bias and to lessen
conflicts in any possible ways. I want to invite those who already have experienced investing in
real state so that they already know how my business works and I can also get some
recommendations from them if ever for the betterment of my company. The possible sources of
financing my business could be from loaning and from my savings.