ELE EM: Entrepreneurial mind

Entrepreneur vs. Employee

- Entrepreneur - an individual who creates a new business with innovation. Key role s in
the economy. Anticipate the needs and provide it to the market using their skills, and
leadership. willing to risk loss
- Employee - a person who is paid or compensated to work for an organization or another
person.

Employees Vs. Entreprenerus - usually ppl consider employees followers; entrepreneurs

leaders. Pero there are instances na di ganito. The difference according to Jessica Oman:
- Employees seek direction while entre[remeurs create a path - employees seek help
when may problems then entrepreneurs naman nag gagawa ng solution.
- Employees do while entrepreneurs listen. - listen because most of the time wala ka
namna sa business as an entrepreneur. Do naman kasi ung employees ang nandun
nagtratrabaho.
- Employees take fewer risks while entrepreneurs live for them - usually if may problem
ang manager usually ang hinahanap. Ang employees kasi less risky.
- Employees get piad for their role while entrepreneur get paid for results
- Employees love holidays because they get the day off while entrepreneurs do becuase
they can work all day with few interruptions if di pa established and business…pero once
established na, nag iisipa din pero di na masyado/
- Employees appreciate steady employment while entrepreneurs are comfortable witthout
job security
- Employees follow rule while entrepreneurs break them - break meaning break through
na makahanap ng way na competitive advantage.
- Employees are responsible for some decision whie etnrepreenrus are responsible for the
all
- Employees execute tasks while entrepreneursplan.
- Employees like structure while entrepreneurs like infrastructure - entrepreneur kasi ang
in hcarege ng paggawa ng structure na edidicient and effictive
- E,ployees work to a schedule while entrepreneurs create tehri own schedule
- Employees are always working while entrepreneurs are always selling/
- Employees dislik efailure whil entrepreneurs embrace it.

Personal growth “ th eb iggest propeller or inhibitor

- Need to go out trh ecomdfroet zone\
Self
- Character \atteture
- Ect
Business environment - there are different aspects in the business. There is aneed to
understand to acquire the sills and to learn the processes of entrepreneurship.
- economic factor,
- social factors,
 - strategic risk,
- financial risk
- technological factor
- organizational factor.

Entrepreneur: Business Ideas; Innovative individuals

- Marketing
- People
- Operations
- Finance