ENTREPRENEURSHIP Lesson 1.

1
OVERVIEW
 PRELIMINARY ACTIVITY

• Prayer
• Greetings
• Checking of attendance
• Energizer to be led by the assigned group
 DISCUSSION PROPER

Entrepreneurship
- is “a process of creating incremental
wealth through the efforts of individuals who find
new and useful ways to employ sources that led
to the creation of new products, services, or
technologies” (UP ISSI, 2012)
Entrepreneur
- is derived from the French words entre, to
enter, and prendre, to take. It is someone who
starts a new business, recognizes opportunities,
organizes resources to take advantage of the
opportunity, creates something new that will
provide value to customers, and willingly
accepts the financial risks associated with the
new business venture. (UP ISSI, 2012)
 ENTREPRENEURSHIP HAS BEEN LINKED
WITH MANY BENEFITS TO THE SOCIETY…

1. Entrepreneurship helps the economy grow.

-The trade between consumers and
entrepreneurs involves money in exchange for
products or services. Money changes hands
between consumers and entrepreneurs. This is
how money circulates in the economy.
 ENTREPRENEURSHIP HAS BEEN LINKED
WITH MANY BENEFITS TO THE SOCIETY…

2. Entrepreneurship encourages technological

growth.
-Most of the time, consumers may actually
be able to provide those products and services
themselves, but entrepreneurs are able to find
ways to provide them easier, better, faster, safer
and healthier, greener, cheaper, or smarter
products and services.
 ENTREPRENEURSHIP HAS BEEN LINKED
WITH MANY BENEFITS TO THE SOCIETY…

3. Entrepreneurship aids in human development.

-According to United Nations
Development Programme (UNDP), “work is a
fundamental dynamic driver for enhancing
human development.” Work, including care
work, creative work and voluntary work,
contributes to the human development progress
through economic growth, poverty reduction,
and gender equality.
 ENTREPRENEURSHIP HAS BEEN LINKED
WITH MANY BENEFITS TO THE SOCIETY…

4. Entrepreneurship promotes inclusive growth.

-A local organic farmer saw an
opportunity to harness the aetas’ innate
knowledge on the soil, crops, and farming and
employed them to work in her organic farm.
When other local farmers got encouraged by
the success of her organic farm, they followed
suit and strengthened their advocacy towards
safer and healthier food by forming an organic
farmers cooperative.
 ENTREPRENEURSHIP HAS BEEN LINKED
WITH MANY BENEFITS TO THE SOCIETY…

5. Entrepreneurship begets entrepreneurship.

-”The success of one entrepreneur
becomes the success of one entrepreneurs as
well.”
 QUESTION…

Differentiate entrepreneur
from employee.
 THE GOOD AND THE BAD IN
ENTREPRENEURSHIP

1. The Rewards
➢ Make money
➢ Be your own boss
➢ Gain self-satisfaction
 THE GOOD AND THE BAD IN
ENTREPRENEURSHIP

2. The risks
➢ Failure
➢ Long hours of hard work
➢ Unwanted responsibilities
 ACTIVITY TIME!!!

On pages 12-18.

(The teacher will discuss the activity to do)

 10 PECS INTO 3 CLUSTERS

1. Achievement Cluster
➢ Opportunity
➢ Persistence
➢ Commitment to work contract
➢ Risk-taking
➢ Demand for efficiency and quality
 10 PECS INTO 3 CLUSTERS

2. Planning Cluster
➢ Goal setting
➢ Information seeking
➢ Systematic planning and monitoring
 10 PECS INTO 3 CLUSTERS

3. Power Cluster
➢ Persuasion and networking
➢ Self-confidence
 GENERALIZATION

What is/are your takeaway/s in our

discussion?
THANK YOU FOR
LISTENING!

Content inserted by Ma’am LJ A. Gutierrez