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Entrepreneurial Mind Setting

&
Values Formation
Presented By:
Majella Tumangan- Villaroman
President and CEO, my-CORD Corporation
Co-Founder, AccelSPROUT Corporation
National Mentor, KAMMP, Go Negosyo
LEARNING OBJECTIVES
• Definition of Entrepreneur
• Qualities of an Entrepreneur
• Mindset of an Entrepreneur
• Values for Success
• Why are VALUES important in business?

JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE


JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
Has anyone asked you if you are an
Entrepreneur?
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
Successful Entrepreneurs
of the World

Bill Gates Col. Harland Sanders Henry Sy


Founder Founder Founder
Microsoft Kentucky Fried SM Group
Chicken

JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE


What is an Entrepreneur?
• an individual who accepts financial risks and undertakes new financial ventures.

• a person who organizes, operates, and assumes the risk for a business venture

• a risk-taker willing to try new things typically by creating new businesses (can be
product, service, technology)

• an innovator of business enterprise who recognizes opportunities to introduce a


new product, a new process or an improved organization, and who assumes the
financial risk of the initiation, operation and management of a given business or
undertaking.

• someone who exercises initiative by organizing a venture to take benefit of an


opportunity and, as the decision maker, decides what, how, and how much of a good
or service will be produced

JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE


Businessman vs Entrepreneur
Basis for Comparison Businessman Entrepreneur

A businessman is someone who An entrepreneur is a person who


sets up a business with an starts an enterprise with a new
Meaning
existing idea offering products idea or concept, undertaking
and services to the customers. commercial activities.

Market Position Market Player Market Leader

Market Creates place in existing markets Creates new market

Risk factor Less Comparatively high

Methods applied for doing


Conventional Unconventional
things

Orientation Profit People

Competition Very high Low

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Visionary

• an innovator of business enterprise who recognizes


opportunities to introduce a new product, a new process or an
improved organization, and who assumes the financial risk of the
initiation, operation and management of a given business or
undertaking.

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Risk Taker

• an individual who accepts financial risks and undertakes new


financial ventures.

• a person who organizes, operates, and assumes the risk for a


business venture

• a risk-taker willing to try new things typically by creating new


businesses (can be product, service, technology)

JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE


Leader

• someone who exercises initiative by


organizing a venture to take benefit of
an opportunity and, as the decision
maker, decides what, how, and how
much of a good or service will be
produced

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Pitbull

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Superhero

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Is this you?
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Qualities of an Entrepreneur
• Has a clear & achievable vision
• Full of determination /perseverance
• Not afraid to take risks
• High level of confidence / optimistic
• Self-Awareness / Craves learning
• Passionate about his or her business
• Highly adaptable
• Good understanding of money management
• Expert at networking
• Ability to sell and promote
• Understands failure is part of the game

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Be
Motivated
and
Stay
Motivated

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JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
What are Values?
Values are the foundation of
everything you do—and are.
Values motivate people's actions
and serve as guiding principles in
their lives.

JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE


Managing Stress During Times of Adversity

SOURCE: Willis Towers Watson, 2020 Restoring Stability survey

JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE


Managing Stress During Times of Adversity

SOURCE: Willis Towers Watson, 2020 Restoring Stability survey

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JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
Values Tree

Religion / School Friends / Work / Partner

Family

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Emphathy

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Life a Life of

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Developing an
Entrepreneurial
Mindset
Exercise

Managing Stress During Times of Adversity

SOURCE: SAMHSA. Coping with Stress during Infectious Disease outbreaks.

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Mindset Shifts – Think Different Mentality
Step 1
Grab two objects that are close to you. They can be anything, from a pen
to a hair band.

Step 2
With each object separately, think of as many uses as you can that are
outside the usual scenarios when these objects would be used. This is
where you can get creative. Grabbed a pen? Maybe that could turn into a
straw or a mini telescope. It can be anything you think it could be. Record
all your thoughts on a piece of paper for each object.

Step 3
Combine your observations to see if you could think of a business idea
from those random objects.
Every time you do this exercise, you’ll be thinking differently every time!

JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE


LEARNING OBJECTIVES
• Definition of Entrepreneur
• Qualities of an Entrepreneur
• Mindset of an Entrepreneur
• Values for Success
• Why are VALUES important in business?

JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE


JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
“You must be the change you want to see in
the world.”

In other words, although life changes are


inevitable, we can also initiate personal
change so we can rise to the challenge and
become a bigger and better person as a
result”
Mahatma Gandhi

JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE


COVID 19 Health Safety Measures

Department of 2021Majella
JULY 27, Health, Philippines
Tumangan Villaroman GO NEGOSYO KAMMP ONLINE
Slide Courtesy of ASEC Dr. Eric Tayag,
Thank You!

JULY 27, 2021Majella Tumangan Villaroman GO NEGOSYO KAMMP ONLINE

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