Schools Division Office

Congressional District II
WEEK MANUEL LUIS QUEZON ELEMENTARY SCHOOL
1 Quezon City, Metro Manila

Name: _________________________________________________ Section: __________

Date: _______________________________Score: __________TLE 6 - ICT/ENTREP -W1

The Ideal Entrepreneur

Brief Introduction
Did you know that SM City North EDSA is the largest mall in the Philippines. Most of the SM
malls were owned and developed by the late Henry Sy.
Henry Sy was a very successful entrepreneur. An entrepreneur is the person who produces
products and offers services to satisfies the needs and demands of the people in order to earn
profit. The owners of the sari-sari store, meat shop and vegetables in your community are called
entrepreneurs.
Qualities of an Ideal Entrepreneur
What does it take to be a successful entrepreneur? Here are some of the qualities of an ideal
entrepreneur cited in the Life Skills TLE Book for Grade VI adapted from the Entrepreneur’s
Handbook by Canadian International Development Agency-Private Enterprise Accelerated
Resources Linkages ( CIDA-PEARL) and Philippine Small and Medium Business Development
Foundation ( PHILSMED )
Industrious, Confident, Innovative, Strategist, Honest, Proactive, Persistent, Prudent, Caring,
Determined, Helpful, Knowledgeable, Faith in goodness and righteousness, Driven by high quality
Organized yet flexible, Risk-taker
Types of Entrepreneurs
There are different types of entrepreneurs according to Christine Miller in the Resourceful
Entrepreneur. They are categorized into four general types. (Life Skill Book TLE VI pp 5-6).

1. The Social Entrepreneur - This type of entrepreneur offers products and services with the
overall intention of creating social good. Example: Henry Motte-Munoz. He founded
EdukasyonPH, a platfoform that connects students to educational opportunities like scholarship.
2. The Serial Entrepreneur - This type pf entrepreneur would set up businesses and bring them
to a stage of development. The business is the sold or handed to a successor or group of
successors. Example. SM malls were managed by the heir of Mr. Sy after he died.
3. The Lifestyle Entrepreneur - This type of entrepreneur would choose a business that would
reflect their passion simply such as a hobby or favorite sports rather than pursuing profit.
Example. Chef of his own restaurant.
4. The Solopreneur - This type of entrepreneur operates alone and manages all aspects of the
business made possible with the use of ICT tools. ICT tools make multitasking easier. Example:
owner of sari-sari store.
The Seller and the Buyer
For instance, you were told by your mother to buy eggs in a store and the owner sold the
eggs for you. Who is the seller? Yes, the owner of the store. Seller is the one who meets the
needs and demands of the buyer with corresponding an amount of money. He/she offers goods,
products and services for a certain amount to earn a profit. Buyer is the person who buys the
products or services to satisfy his/her needs. The buyer is also called consumer and end-user.
The seller can also be a buyer. He/she buys products at a certain price from the supplier. The
money he spends to buy a product is the actual cost. The amount of money added to the actual
cost of the good is what you call the profit. Actual cost plus the money added is the selling
price. Both the seller and the buyer must be sensitive to the quality and right price of the
products and services.

__________________________________________________________________________________________
Quarter I, Week 1 Competency: TLE-ICT 6 - The Ideal Entrepreneur and Producing Simple Product
Code: TLEIE6 - 0a-2 Writer:Vanessa G. Gatan
 Schools Division Office
WEEK
Congressional District II
1 MANUEL LUIS QUEZON ELEMENTARY SCHOOL
Quezon City, Metro Manila

ACTIVITY 1- An entrepreneur must possess traits in order to make the business hold and run
the business successfully. Write the traits in the fingers being described in the sentence and the
business name you want in the palm. (1-5 items)
4
3 .
2 . 5
. .

1
.

Remember:
Entrepreneur is a person who satisfies the needs and demands of the people through producing
products and offers services.
An ideal entrepreneur is industrious, innovative, honest, confident, strategist, proactive, caring,
prudent, persistent, determined, knowledgeable, helpful, organized, risk-taker, driven by high
quality and have faith.
Seller is the one who meets the needs and demands of the buyer corresponding an amount of
money.
Buyer is the person who buys the products or services to satisfies his/her needs.

ACTIVITY 2. - Multiple Choice. Choose the letter of the best answer. Write the chosen letter on a
separate sheet of paper.
Jane’s mother is in the market wearing her mask to buy needs for their lunch. She carefully
choose the best quality of vegetables before she pays Aling Thelma, the owner of the stall.

1. Who is the seller in the scenario?

A. Aling Thelma B. Jane C. Mother D. Not mentioned
2. What do you call Jane’s mother as being described in the scenario?
A. buyer B. entrepreneur C. owner of the stall D. seller
3. What characteristic of a buyer is Jane’s mother? being____
A. thrifty in spending C. friendly to customers
B. generous to other people D. sensitive to the quality of the products

__________________________________________________________________________________________
Quarter I, Week 1 Competency: TLE-ICT 6 - The Ideal Entrepreneur and Producing Simple Product
Code: TLEIE6 - 0a-2 Writer:Vanessa G. Gatan
 Schools Division Office
Congressional District II
WEEK MANUEL LUIS QUEZON ELEMENTARY SCHOOL
1 Quezon City, Metro Manila

4. This type of entrepreneur offers products and services with the overall intention of creating social
good.
A. Lifestyle entrepreneur B. Serial Entrepreneur C. Social Entrepreneur D. Solopreneur
5. Dr. Pas earn more in her online business at this time of pandemic. She is happy to do it because
she loves talking with other people. What kind of entrepreneur she is?
A. Lifestyle entrepreneur B. Serial Entrepreneur C. Social Entrepreneur D. Solopreneur
6. The avid customers were amazed on the muffins baked by Ms. Tana which are made up of
squash and malunggay leaves. What kind of entrepreneur is she?
A. caring B. helpful C. industrious D. innovative
7. During Covid period, Aling Nena decided to put up a business and will operate alone and
manages all aspects of the business made possible with the use of ICT tools. What kind of
entrepreneur is Aling Nena?
A. Lifestyle entrepreneur B. Serial Entrepreneur C. Social Entrepreneur D. Solopreneur
8. This type pf entrepreneur would set up businesses and bring them to a stage of development.
A. Lifestyle entrepreneur B. Serial Entrepreneur C. Social Entrepreneur D. Solopreneur
9. What do you call the person who meets the needs and demands of the buyers?
A. customer B. entrepreneur C. end-user D. market
10.Mr. Uy presented his son to his business partners as his successor in his business firm.
What kind of entrepreneurship is done by Mr. Uy?
A. Lifestyle entrepreneur B. Serial Entrepreneur C. Social Entrepreneur D. Solopreneur

Produces Simple Products

On the 11th day of March, Corona virus or known as Covid-19 was declared by World Health
Organization as pandemic. Many business firms were affected because of the social distancing and
other safety measures imposed by the government to reduce the spread of the virus. Because of the
community quarantine, entrepreneurs made innovative solutions to keep their businesses survive even
in difficult times. The most popular form of business is the online selling and door to door delivery of
products.
They are part of what we call new normal. Most of the products being sold are foods and health-
concern products like mask, face shield, alcohol, and gloves. At your age, you can try to be a good
entrepreneur by producing products and let your family members sell them through online, too. With your
creativity, resourcefulness, skills and with the guidance of your family members you can make a good
plan on how you can produce simple things to sell. Follow the plan carefully and do it with love. All you
need is patience , endurance, resourcefulness and creativity to make your products at its best quality.
To ensure that the products will be sold, consider the following:
1. Check what product is in demand in your community. What most of the people buy?
You can make a survey. If there are too many of what you like to sell, you can innovate your product.
2. Check the location of your business. It must be near to your prospect buyers.
3. Do you have enough knowledge and skill in producing that product?
4. Do you have enough budget or capital or money to sustain the needs of your business?
5. Is your product attractive or appealing or presentable to the eyes of your customers?
6. Are all your materials, utensils and tools needed are available in your home?
7. If food, is it nutritious?

Simple products like yema, banana cue, polvoron, crinkles, pastillas, sinukmani, suman, salted
egg, siomai and other simple products will be a great source of income of the family.
Sample Simple Plan in Starting a Business
Project Plan
I. Name of Product: Yummylicious Turon
II. Materials A. Ingredients:

__________________________________________________________________________________________
Quarter I, Week 1 Competency: TLE-ICT 6 - The Ideal Entrepreneur and Producing Simple Product
Code: TLEIE6 - 0a-2 Writer:Vanessa G. Gatan
 Schools Division Office
WEEK
Congressional District II
1 MANUEL LUIS QUEZON ELEMENTARY SCHOOL
Quezon City, Metro Manila

B. Tools/Utensils Knife container chopping board Gas stove Frying pan

III. Procedure:
1. Peel and slice banana in lengthwise.
2. Roll the banana on a plate of sugar.
3. Wrap in lumpia wrapper.
4. Deep fry and put it on a strainer to let the excess oil drip.

To make the product demandable, a good entrepreneur always ensures the quality of his/her
products and sell it with good salesmanship and at a reasonable price.

REMEMBER: A good entrepreneur identifies the demands of the people and plans carefully
considering the budget or capital, materials and the procedures to be done.
Planning is a process that gives clear idea on how things should be done.
Selling is a process of offering goods in exchange of certain amount of money.
Product is a thing produced by the seller to be consumed by the buyer.

ACTIVITY 3- Now, you can make your own plan of the following project.
Directions: Write the needed information to complete the project plan. (10 points)
Project Plan
I. Name of Product: ___________________________________________________
II. Materials A. Ingredients:

B. Utensils/Tools:
______________________________________________________________________________________
______________________________________________________________________________________
III. Procedure:
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________

__________________________________________________________________________________________
Quarter I, Week 1 Competency: TLE-ICT 6 - The Ideal Entrepreneur and Producing Simple Product
Code: TLEIE6 - 0a-2 Writer:Vanessa G. Gatan
 Schools Division Office
WEEK
Congressional District II
1 MANUEL LUIS QUEZON ELEMENTARY SCHOOL
Quezon City, Metro Manila

ACTIVITY 4 - Directions: Write the letter of the correct answer.

1. Which of the following gives a clear idea on what shall be done in order to produce a product ?
A. construction B. market C. plan D. selling
2. What do you call the process of exchanging products for a certain amount of money?
A. marketing B. planning C. producing D. selling
3. What does an entrepreneur must have in order to sell products efficiently?
A. capital B. owner C. plan D. product
4. This is produced by the seller to be consumed by the buyer.
A. budget B. market C. product D. store
5. These are containers or other household equipment use to produce the product.
A. apron B. capital C. location D. utensils
6. What should be considered to make the product appealing?
A. budget B. packaging C. procedure D. taste
7. A series of action to be done to produce quality product
A. ingredients B. procedure C. evaluation D. budget
8. Why is there a need to identify the demands of your customer? So that you___.
A. earn low profit C. can start the good plan of your product
B. identify the materials needed D. know the potential customer
9. What kind of product you should sell?
A. cheap but easily broken B. damaged C. expensive D. quality
10. To ensure that your products can be sold and to find out the needs and demands of your
customers you need to make a ____.
A. plan B. Return of Investment (ROI) C. quality D. survey

__________________________________________________________________________________________
Quarter I, Week 1 Competency: TLE-ICT 6 - The Ideal Entrepreneur and Producing Simple Product
Code: TLEIE6 - 0a-2 Writer:Vanessa G. Gatan