Keil Joshua B.

Verdadero BSMT 2A ENTREP MIND

Let’s Think AboutThis:

We now understand that creativity plays an extremely important part in entrepreneurship. In fact, it
comes hand in hand with innovation. With this, answer the following questions:

1.Do you think that it is important for entrepreneurs to be creative?

Yes, because creativity leads to success. Being creative helps you become a better problem
solver in all areas of your life and work. Creativity helps you see things differently and better deal with
uncertainty.

2.Can an entrepreneur succeed even without creativity?

Entrepreneurial success is impossible without creativity. Lack of creativity could easily drag your
business into the stagnation mode.

3.Is creativity needed only in the beginning of a business venture or should it be maintained all
throughout the entrepreneurial journey?

It should be maintained

Let’s Try This:

W rite down your personal strengths, hobbies and interests:

What am I good at: What are my hobbies: What are my interests:

 Making layouts.  Watching movie's  Korean Dramas

 Designing /series/anime  Adventures
 Studying  Listening to
 Making arts and music
crafts  Playing online
games

Understanding your hobbies, and interest well will allow you to know the business ideas that
you can pursue. Always focus on your strength because they help you know which business
ideas to pursue to achieve your goals. This is the starting point on how to get a good
business idea. Now, list down all the possible business ideas that come to mind based on
your strengths, hobbies and interests. 

1.Arts Cafe

2.Restaurant

3.Buy and sell

4.Water refilling station .

5.Computer shop
Screening and Evaluation of Opportunities

Arts cafe
5
 Do I know how to do it (related experience)?

3
 Does this business idea match my personal goal?

4  Do you have the right skills and knowledge?

3  Will my strengths support this business idea?

5  Am I willing to work hard to realize this business (passion)?

5+3+4+3+5= 20
20/5= 4
Final Score= 4

This score of 4 gives an agree view so it is advisable to implement this business idea.

Restaurant
2
 Do I know how to do it (related experience)?

3
 Does this business idea match my personal goal?

2  Do you have the right skills and knowledge?

3  Will my strengths support this business idea?

5  Am I willing to work hard to realize this business (passion)?

2+3+2+3+5= 15
15/5= 3
Final Score= 3

This score of 3 gives an undecided view so it is advisable to not implement this business idea

Buy and Sell

5  Do I know how to do it (related experience)?

3
 Does this business idea match my personal goal?

4  Do you have the right skills and knowledge?

4  Will my strengths support this business idea?

5
  Am I willing to work hard to realize this business (passion)?

5+3+4+3+5= 21
21/5= 4.2
Final Score= 4.2

This score of 4.2 gives an agree view so it is advisable to implement this business idea.

Water Refilling Station

1  Do I know how to do it (related experience)?

2
 Does this business idea match my personal goal?

2  Do you have the right skills and knowledge?

2  Will my strengths support this business idea?

5  Am I willing to work hard to realize this business (passion)?

1+2+2+2+5= 12
12/5= 2.4
Final Score= 2.4

This score of 2.4 gives disagree view so it is advisable not to implement this business idea.

Computer Shop
5  Do I know how to do it (related experience)?

3
 Does this business idea match my personal goal?

4  Do you have the right skills and knowledge?

3  Will my strengths support this business idea?

5  Am I willing to work hard to realize this business (passion)?

5+3+4+3+5= 20
20/5= 4
Final Score= 4

This score of 4 gives an agree view so it is advisable to implement this business idea
Identifying m y THREE Business Opportunities/ideas

1. Art Cafe

2. Buy and Sell

3. Computer Shop