Entrepreneurship Module 1

Charles Gabriel V. Candelon 12-STEM C

What I Know
1. A 6. A 11. A
2. C 7. A 12.B
3. D 8. A 13. C
4. D 9. A 14. A
5. C 10. D 15. A
Activity 1
Questions Reasons
1. Discuss your course of action if
faced by the following
circumstances and also state the - Start own business or buy and sell
relevance of taking this course in things with the current money that I
the following scenarios: have, it might be risky but it’s better
• What will you do if you than doing nothing about the
suddenly stopped college situation
education due to some - Invest it on cryptocurrency or in real
unfortunate circumstances estate. Cryptocurrency is the hot
such as marrying early, topic in this modern time and real
financial problem and etc.? estate is a good long terms
• What will you do if you have investment than banks.
a 10 million pesos savings? - I would like to engage in restaurant
• What business venture business or in buying and selling of
would you like to engage in clothes.
given that you have money
for capital?)
Activity 2
1.

LEARN HOW
TO MANAGE A
BUSINESS

TO LEARN
HOW TO USE HELP IN THE
THE SKILLS BUSINESS OF
AND TALENTS THE FAMILY
IN THE
ENTREPRENEU
RSHIP

KNOW HOW
KNOW HOW A TO MAKE A
BUSINESS RUN BUSINESS
PLAN
LEARN HOW
TO START A
BUSINESS
2.

SALES
BUSINESS PERSON
ADVISOR

SMALL
ENTREPRENEURIAL
MANAGEMENT MANAGER
ANALYST

BUSINESS RECRUITER
REPORTER
ACTIVITY 3
1. A. ENTREPRENEUR
- People who own, operate, and take risk of business venture
B. ENTREPRENEURSHIP
-Process of designing, launching, and running a new business which is often
initially a small business
2. Pick 3 words that describe the skills and behavior of an entrepreneur from the
pink word cloud box below.
1. Organizational
2. Innovative
3.Creativity
3. From the word cloud above, pick 3 entrepreneurial career job
opportunities.
1. Manager
2. Advisor
3. Analyst
ACTIVITY 4
ACTIVITY 5: SELF-ASSESSMENT
2 1. Nobody has to tell me to get to work. I figure out what has to be done and
do it before I’m asked.
2 2. I like to be in control of whatever jobs I’m doing.
2 3. I’m rarely satisfied with the ways things are. I want to change them,
make them feel better.
2 4. I’m good with people. I enjoy creating teams of people to tackle a
challenging task.
1 5. I rarely take no for an answer. I am known to be persistent because I
know I can’t accomplish much of the first try. I just keep trying.
3 6. If I’m told something is possible to do. I often can’t resist seeing if it’s
true. I don’t mind failing if I learn something in the process.
1 7. Whatever job I have, I need to feel that I’m accomplishing something. Not
just putting in time.
1 8. More than anything else. I love to earn money. It gives me freedom and
power.
2 9. When I’m working for someone else. I’m always thinking of how I’d
change things if it where my business.
3 10. I’m willing to accept responsibility and take the heat if my decisions
are wrong. But I want the credit (or rewards) when I make decisions that
produce the rights results.
3 11. When I’m doing work I really like, I don’t mind working hard for long
hours. In fact it doesn’t seem like work.
3 12. I have dreams I want to pursue and won’t be satisfied until I find out
whether or not I can achieve dreams.
WHAT I HAVE LEARNED

I learned that there are different

There are different traits on
job opportunities that an
being an entrepreneur
entrepreneur can be.

ENTREPRENEURSHIP

I learned what is
entrepreneurship and its I learned what and how to be an
relevance entrepreneur

WHAT I CAN DO
- Yes, I want to become an entrepreneur someday, I have dreams on building my
own restaurant someday and become successful in it. I know it is a risky plan but
it’s part of being an entrepreneur and if you’d overcome that you’ll be a
financially free man and you could let your children and grandchildren inherit it.
Being an entrepreneur needs dedication and focus and you should want it on
order to be successful.
ASSESSMENT
1. A 4. D 7. C 10. A 13. D
2. A 5. A 8. A 11. C 14. C
3. A 6. B 9. A 12. D 15. A
Additional Activites.
1. Ma was scrawny and often got into fights with classmates. "I was never afraid of
opponents who were bigger than I," he recalls in "Alibaba," a book by Liu Shiying and
Martha Avery. Still, Ma had hobbies just like any other kid. He liked collecting crickets
and making them fight, and was able to distinguish the size and type of cricket just by
the sound it made. Without money or connections, the only way Ma could get ahead
was through education. After high school, he applied to go to college -- but failed the
entrance exam twice. After a great deal of studying, he finally passed on the third try,
going on to attend Hangzhou Teachers Institute. He graduated in 1988 and started
applying to as many jobs as he could. He got rejected many times until he founded
Alibaba and in 2005, Yahoo invested $1 billion in Alibaba in exchange for about a 40%
stake in the company. This was huge for Alibaba -- at the time it was trying to beat eBay
in China-- and it would eventually be an enormous win for Yahoo too, netting it $10
billion in Alibaba's IPO alone.
2. Through persistence, Ma was eventually able to secure funding of $US 5 million from
Goldman Sachs and $US 20 million from Softbank. However, in 2003, the future still
looked bleak for Alibaba, with the company failing to make any revenue within the first
three years and facing bankruptcy within eighteen months. But Ma was able to pick up
the pieces and unify his remaining team to take Alibaba forward, challenging established
online businesses like eBay who already had existing operations in China. Within five
years, Ma and Alibaba managed to drive eBay out of business in China, and with the
help of further funding from Yahoo! founder Jerry Yang, Alibaba was able to expand and
grow further into the international market. In 2014, Alibaba made history through the
world’s largest IPO to date. The company has continued to grow from strength to
strength, scaling its operations into various industries such as technology and logistics,
turning the online business into one of the world’s largest conglomerates today.
3. He struggled of being poor, being a failure, rejected many times, and the criticism he
received as an entrepreneur.
4.The lesson is that be patient and pursue your dreams of being an entrepreneur. Work
smart and give all you can, your time will come and you will become successful.