Answer Sheet in Module 2

TLE 102- Entrepreneurship

Module Title: Factor of successful entrepreneurs and competencies of entrepreneurs

Name: Emil F. Feguro

Course/Year/Section: BTVTED 2- YELLOW

Instruction

Answer the question as honest as you can. Do not copies ideas of different authors from the
internet, but rather rephrase the statement to make it of your own. You may use separate sheet
if you answer is too long. Sealed your answer sheet before submitting back to the school. Kindly
sealed your answer sheet before submitting bake to me.

Exercises/Drills:

Reflection
Please share your insights/reflection on this topic by completing the following phrase below:

I have learned that if you want to be successful entrepreneur you need to a have the three main
key factors of entrepreneur and that was knowledge, creativity and skills.

I have realized that factors of entrepreneur was very important if you want to become successful,
u need to be creative and hardworking to improve business as for good result to be successful

I will apply these factor to make easier managing kind of business to become successful
entrepreneur.
Evaluation

Base on your readings, what is your top three key factor that make you successful as an
entrepreneur? Explain your answer.
Answer: The top three factor are entrepreneur knowledge, creativity, skill this three factor are
important to start small business as an entrepreneur I need a superior knowledge and much
more creativity to plan to improve business.

How innovation becomes a factor to succeed as entrepreneur?

Answer: Innovation helps you gain more knowledge for business innovation also make it easier
to grow a small kind of business.

According to Naveen Jain- to succeed as entrepreneur you have to be passionate and

hardworking. How can you apply this to your own business to ensure success?
Answer: If you want to be a successful entrepreneur you need to challenge and put yourself in
long hour for hardworking and make sacrifices for your business.

Why creativity and innovation is important in business? What are their contributions and
benefits to the growth of business or economy as a whole?
Answer: Creativity and innovation important in business because you need to create new edias
to innovate and drive for something new for the beter outcomes.