ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP
1ST QUARTER WEEK 1
 LEARNING OBJECTIVES
 Discuss the relevance of the course
 Explain the key concepts of common competencies
 Explain the core competencies in Entrepreneurship
 Explore job opportunities for Entrepreneurship as a career
 IMPORTANCE OF ENTREPRENEURS

Entrepreneurs play an important role in developing the company.

 IMPORTANCE OF ENTREPRENEURS
Entrepreneurship is encouraged by the company .

More opportunities

 It will increase per capita income

 Improve standard of living
 Increase individual savings
 Provide revenue to the government
RELEVANCE OF ENTREPRENEURSHIP
TO AN ORGANIZATION

Development of Managerial Capabilities

Creation of Organizations
Improving the standard of living
Means of Economic Development
 CONCEPT OF ENTREPRENEURSHIP
entrepreneur = French verb = enterprendre= “to undertake”

enterprise is created by entrepreneur and the process is

called “ENTREPRENEURSHIP”

entrepreneurs are innovators.

FACTORS AFFECTING ENTREPRENEURSHIP

1. Personality factors
2. Environmental factors
 FACTORS AFFECTING ENTREPRENEURSHIP
1. Personality factors
a) INITIATIVE –doing things even before being told
b) PROACTIVE- classify opportunities to seize it

c) PROBLEM SOLVER-offers solutions in every problem

d) PERSEVERANCE-pursue things to get done regardless of
challenges
e) PERSUASION- can entice people to buy
f) PLANNER – makes plans before doing things
g) RISK TAKER – willing to gamble but he will calculate it first
 FACTORS AFFECTING ENTREPRENEURSHIP
2. Environmental factors

• Political
• Climate
• Legal System
• Economic and social conditions
• Market Situations
COMMON COMPETENCIES ENTREPRENEURSHIP
An entrepreneur must be….
1.) DECISIVE – must be firm in making decisions
2.) COMMUNICATOR- must have convincing power

3.) LEADER-must have the charisma to be obeyed by his employees

4) OPPORTUNITY SEEKER- must have the ability to be the 1ST to see
business chances
5.) PROACTIVE- can control a situation by making things happen
6.) RISK TAKER – have the courage to pursue business idea
7.) INNOVATIVE – has big business unique ideas
CORE COMPETENCIES ENTREPRENEURSHIP
1.) ECONOMIC & DYNAMIC ACTIVITY
2.) INNOVATIVE

3.) PROFIT POTENTIAL

4) RISK BEARING
TYPES OF ENTREPRENEURS
 FILL IN THE MISSING LETTERS

_ _ _ _ _ A _ I _ E ENTREPRENEURS
ANSWER: I N N O V A T I V E
 FILL IN THE MISSING LETTERS

_ M _ _ _ A _ I _ G ENTREPRENEURS
ANSWER: I M M I T A T I N G
FILL IN THE MISSING LETTERS

_ _ B _ _ N ENTREPRENEURS
ANSWER: F A B I A N
FILL IN THE MISSING LETTERS

_ _ O _ E ENTREPRENEURS
ANSWER: D R O N E
FILL IN THE MISSING LETTERS

_ O _ I _ _ ENTREPRENEURS
ANSWER: S O C I A L
TYPES OF ENTREPRENEURS
1.) INNOVATIVE ENTREPRENEURS
2.) IMMITATING ENTREPRENEURS
3.) FABIAN ENTREPRENEURS
4.) DRONE ENTREPRENEURS

5.) SOCIAL ENTREPRENEURS

CAREER OPPORTUNITIES OF ENTREPRENEURSHIP
1.) BUSINESS CONSULTANT
2.) TEACHER
3.) RESEARCHER
4.) SALES PERSONNEL

5.) BUSINESS REPORTER

1ST QUARTER WEEK 1 LEARNING ACTIVITY @ HOME
• Read the SLM (Introduction to Entrepreneurship
• Do Activity 2. Essay
“ BE A RISK TAKER. BE A DREAM CHASER.
LET’S ENTERPRENDRE 
”
Thank you for listening!
God bless