ENTREPRENEURSHIP QUARTER 1-MODULE 1

INTRODUCTION TO ENTREPRENEURSHIP.

BALAONG, JEZRYLLE ANNE GUBALLO

GRADE 11-STEM A
BRGY. LOYOLA HEIGHTS, SULAT, EASTERN SAMAR
CLUSTER 1
WHAT I KNOW
1. True
2. True
3. True
4. True
5. False
6. False
7. True
8. False
9. True
10.True
11.True
12.True
13.True
14.True
15.False

WHAT’S IN
Can you tell me what comes into your mind when you hear the word entrepreneur?
-Business and rich well-known person comes into my mind every time I hear the
word entrepreneurship because I think it revolves around all sorts of things in the
business world.

WHAT’S NEW
ACTIVITY 1: LET ME KNOW.

5 names of entrepreneurs I know:

 Mr. and Mrs. Edgardo Clarito
 Mr. Reynaldo Balaong
 Mrs. Amelia G. Madolid
 Mrs. Lisa Palma
 Mr. Paterno Aserios

COMPETENCIES OF ENTREPRENUERS.

1. What characteristic that you observed or see that is common to them?

-I think the characteristics they all commonly have is they’re all willing to take the
risk weather its sum is good or bad.

2. Who among the entrepreneurs you mentioned that you admire the most? Why?
-I admire Mrs. Amelia Madolid the most, being her granddaughter, I have
witnessed how her hard work paid through the years. Starting as a sari-sari store
owner to one of the biggest copra seller in our barrio and municipality I can say it
takes a lot of hard work and sacrifices to reach to be in that position.

3. In your own opinion, what do you need to posses to become a successful

entrepreneur?
-I need to be more creative in different aspects, gain more courage and be the most
hard working I can be.
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WHAT’S MORE
ACTIVITY 2 SELF-ASSESSMENT
QUALITIES YES NO
RISK TAKER /
COMMUNICATOR /
LEADER /
OPPORTUNITY SEAKER /
PROACTIVE /
INNOVATIVE /
DECISIVE /

WHAT CAN I DO
ACTIVITY 3 INTERVIEW THE KNOWN.

MR. REYNALDO BALAONG

1. What motivated you to become an entrepreneur?
:My family and our social status.
2. What do you think are your characteristics and competencies that made you a
successful entrepreneur?
: I can say that I’m a risk taker and I always think positive.
3. What do you think of being employed? Why didn’t you choose that path?
-being employed is also a great way to earn since you will only focus on your
designated job and wait for your salary but for me being an employer is much
better since I can help others who need job but also managing your own business
and see it grow is a big achievement.

MRS.LISA PALMA
1. What motivated you to become an entrepreneur?
-My family.
2. What do you think are your characteristics and competencies that made you a
successful entrepreneur?
- I am very hard-working person, I also create new ways to earn more.
3. What do you think of being employed? Why didn’t you choose that path?
- I was employed back then before I started my own business. I think being an
employee is a nice option but not a great long-term choice.

MR. EDGARDO CLARITO

1. What motivated you to become an entrepreneur?
-My family
2. What do you think are your characteristics and competencies that made you a
successful entrepreneur?
- I am a very hardworking person and I always seek for ways to earn.
3. What do you think of being employed? Why didn’t you
-Coming from a business-oriented family I can say that being an entrepreneur is
much better than an employer since I’ve understood since then how to manage a
family business it’s not that hard for me.

ASSESSMENT
1. A
2. A
3. B
 4. D
5. B
6. A
7. B
8. A
9. C
10.A
11.D
12.B
13.C
14.C
15.D

ADDITIONAL ACTIVITY
ACTIVITY 4 RESEACH ME

Mrs. Lisa Palma is a 41-year-old entrepreneur from the municipality of sulat.

Before starting her business, she was domestic helper in Hong Kong for years, like
our typical OFW she got no choice but to leave her family for them.

After few years of working abroad she decided to return in our country and try
building her own business. Using her salary she have saved up they started their
small convenient store in their barangay. Starting with 150,000 php as their capital
it started smoothly but of course since a convenience is a very tricky job to handle
it’s normal to fail. Soon after she almost went bankrupt, she went to the bank and
loaned to start again. She started all over again but this time with the help of her
family, she reduced some of her workers since her children insisted to help. Few
years later her store grew bigger and become of one of the biggest retailer and
whole seller store in our municipality. Because of her hard work she was able to
build their own three-story house, she was also able to buy vans and other
properties in our municipality. Also, way back year 2018 she was awarded by our
mayor as number 1 taxpayer in our municipality.