RELEVANCE OF THE COURSE:

ENTREPRENEURSHIP

1. explain the relevance of entrepreneurship course;

2. name job opportunities for entrepreneurship
as a career;
3. differentiate between entrepreneurship and
a career; and
4. cite successful stories of entrepreneurs.

Hello learners! Welcome to Introduction to Entrepreneurship. In this module we will give you a
high- level overview of all things entrepreneurship. You will be introduced to the world of
entrepreneurship. Are you excited? Come on, let's get started!

ACTIVITY NO. 1

Let’s take a look on the picture. Try to remember your experiences

about it.

Sis, PM is the
key.

Let us supply words which are connected to the phrase to

complete the map.
 Answer the questions briefly.
What have you observed from the prior activity?
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1. What are the other ways you can do to purchase your product?
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LET’S TAKE SOME NOTES

As you go along with this module, you need to prepare your notebook and colored pen. Follow the template
for Cornell’s Note taking attached at the end of this module that you will use until the end of this module. Listed
below are the key words/ main idea that you need to focus on.
1. How does the different entrepreneur define entrepreneurship?
2. What are the importance of entrepreneurship?
3. Who are the famous entrepreneurs and their business?

Let us now begin with the discussion!

This course is what people do to take their career and dreams into their hands and lead it in the direction of their
own choice. It’s about building a life on your own terms, no bosses, no restricting schedules, and no one holding you
back. This whole subject talks about entrepreneurship.

What is entrepreneurship?
Entrepreneurship is the act of creating a business or businesses while building and scaling it to generate a profit. An
entrepreneur is a person who sets up a business with the aim to make a profit.

Let us see how these successful entrepreneurs define their careers.

“Entrepreneurship means staying committed to your goals beyond your feelings of excitement. Stay the course and
keep your “why” in mind.” - Altimese Nichole, Founder of NicholeNicole

“Entrepreneurship means being the one that is willing to take a leap, work hard enough to sacrifice
everything else around you, all in the name of solving problems because no one else is
capable or possesses the desire.” - Founder and CEO of NeuroFlow

“Entrepreneurship is not for the faint hearted. I am a US Army veteran. I have been in combat and I have endured
many difficult situations. However, I can honestly say starting a company has been just as challenging, albeit in
different ways. While no one’s life may be in imminent danger, the battles you face on your entrepreneurial journey
can last years with no repose. Creating a successful business requires massive amounts of action, perseverance, and
conviction. If you understand this and choose to proceed, you’ll find the experience rich in rewards. ” - Mike Kim,
co-founder and COO of KPOP Foods

Importance of Entrepreneurship

What is entrepreneurship really about? And why’s it so important? An entrepreneur is the person who sees a
problem in the world and immediately focuses on creating the solution. In the process of understanding what is
entrepreneurship, let’s look at why entrepreneurs are important in society.

•Entrepreneurs create jobs: Without entrepreneurs, jobs wouldn’t exist.

•Entrepreneurs innovate: Some of the greatest technologies in today’s society have come from businesses.

•Entrepreneurs create change: Entrepreneurs dream big so naturally some of their ideas will make worldwide
change.

•Entrepreneurs give to society: They make more money and thus pay more in taxes which helps fund social services.

•Entrepreneurs add to national income: Entrepreneurship generates new wealth in an economy.

•Entrepreneurship decreases poverty: In the spirit of sharing good news, more people are being pulled out of
poverty. Being able to connect to millions and billions of people on the internet allows new entrepreneurs to find
customers around the world.

Reasons why People become Entrepreneurs

•To change the world
•They don’t want a boss.
•They want flexible hours.
•They want to work from anywhere.
•They can’t get a job.
•They don’t fit into the corporate environment.
•They’re curious.
•They’re ambitious.

Some examples of Entrepreneurs

Walt Disney co-founded the Walt Disney Company, one of the leading motion picture studios. He was also the
visionary of theme parks like Disneyland and Walt Disney World. His brand started with the creation of the Mickey
Mouse character and eventually expanded to include characters like Snow White, Cinderella and more. As an
entrepreneur, he had to overcome adversity with challenges such as people stealing his work, commercial failures
and more. However, he kept pushing through staying committed to his vision.

Mark Zuckerberg created several products before building Facebook. He created an instant messaging tool that his
father used in his dentistry practice to communicate with his receptionist. Zuckerberg also created music software
that Microsoft and AOL were interested in buying even though he was only a teenager. Within the year he first
founded Facebook, he had already had 1 million users. Today, Mark Zuckerberg has a net worth of $68.3 billion.

Socorro Ramos, a Filipina entrepreneur, entered the publishing and retail industry by working as a salesgirl at a
bookstore. At the age of 19, she opened National Book Store in Escolta with her husband with a capital of P200,
selling books and school supplies to students.

Tony Tan Caktiong used to operate an ice cream parlor, before converting it into a fast food restaurant called
Jollibee. With a starting capital of P350,000, the young Caktiong opened two branches in Cubao and Quiapo, together
with friends who supported his idea. Caktiong decided to serve hamburgers, fried chicken, and spaghetti to
customers when they started looking beyond the usual ice cream. Eventually, the business grew, and he had to hire
more employees. By knowing the Filipino market, Jollibee managed to excel as a fast food powerhouse.

I. Compare and contract Entrepreneurship and Corporate using the Venn Diagram below. (Groupings)

Criteria Outstanding Proficient Basic Limited

(4) (3) (2) (1)
 Collaboration & Team collaborates Team effectively Team makes Uneven
Teamwork seamlessly, demonstrates attempts at participation is
actively supporting teamwork, collaboration, but observed, and
each other, communicates well, some minor conflicts hinder
resolving conflicts and resolves conflicts remain collaboration,
effectively conflicts unresolved, causing
and maintaining a professionally, impacting overall disruptions.
positive ensuring cohesion.
atmosphere. balanced
participation.

Attempts at Team consistently Team displays solid Team attempts Limited creativity is
collaboration, demonstrates problem creativity with evident,
minor issues innovative and solving skills and some originality, with solutions
creative thinking, introduces although there leaning toward
producing solutions creative approaches may be room for conventional
that exceed that further approaches or
expectations and contribute positively innovation. lacking originality.
showcase to the task.
originality.

Communication Communication is Communication is Communication is Communication is

& Presentation exceptionally clear, and the generally often
clear and presentation clear, but the confusing, and
persuasive, effectively uses presentation could visuals do not
engaging visuals for benefit from more support
the audience engagement, engaging understanding.
effectively. though elements and Engagement is
Presentation is opportunities for improved visuals. lacking, affecting
captivating, stronger the presentation's
utilizing visuals to engagement exist. impact.
enhance
understanding and
engagement.

Contribution & Each team member Team members While some Uneven
Accountability consistently fulfill roles with contributions and contributions are
contributes overall role fulfillments are evident, with some
effectively and accountability, present, members
takes contributing minor gaps exist, falling short in
proactive positively to the affecting the fulfilling roles
accountability for group's progress overall harmony and accountability,
their and success. and progress. impacting
roles, leading to a the team's
balanced performance.
workload.

Overall Content Content is Content is well- Content is Content lacks depth

& Output comprehensive, developed, adequate, but the and
insightful, and well- structured structure requires coherence, leading
structured, coherently, and improvement, to
producing output of showcases good resulting in mixed disorganized
exceptional quality output. quality structure and
quality. output. output of low quality

NOTE TAKING TEMPLATE

Name: Date:
Subject: Topic/ Lesson:
Grade/ Section: Score:
LESSON OBJECTIVES:
 KEY WORDS/
MAIN IDEA

SUMMARY
What you have learned:

Clarifications/ questions:
Criteria Outstanding Proficient Basic Limited
(4) (3) (2) (1)

Organization Notes are Notes are mostly Some separation of Sections (cues,
consistently organized sections notes,
organized into into sections (cues, (cues, notes, summary) lack clear
distinct notes, summary) is distinction and
sections (cues, summary) with present, but organization
notes, distinguishable inconsistencies is challenging to
summary) with clear headings, can be noticed. follow.
headings. Each aiding navigation.
section serves
its purpose
effectively

Content Notes accurately Notes are mostly Some main points Significant gaps or
Accuracy and accurate, and details inaccuracies in note
comprehensively capturing main are missing or content
capture all points and inaccurately hinder
main ideas, key relevant details. captured, leading to understanding of
concepts, and Minor noticeable gaps in the
relevant details, omissions or the material.
leaving no inaccuracies content
significant gaps. might be present.

Clarity and Notes are Notes are clear and Notes are mostly Notes are
Readability exceptionally clear legible, clear, occasionally
and highly legible, facilitating although readability unclear, making
enhancing comprehension. challenges might comprehension
comprehension. There might be arise in difficult in
Neatness and occasional some sections. several places.
clarity contribute to areas where
effortless readability could
understanding. be improved.

Cue/Keyword Cue/keywords Cue/keywords are Some Many

Usage excellently relevant cues/keywords lack cues/keywords are
summarize main and contribute to clarity or relevance, missing or vague,
ideas, aiding memory reducing hindering
memory and and review. They their effectiveness memory and
efficient review. effectively in aiding efficient review.
They are capture main memory and review.
consistently concepts,
relevant supporting
and well-crafted. understanding.

Summary Summary concisely Summary Summary touches Summary is

Quality and accurately reflects on main incomplete or
accurately reflects main ideas but points but lacks significantly
main ideas, might lack depth and misrepresents
demonstrating a some depth or conciseness. Some main ideas. The
deep conciseness. key ideas student's
understanding of The student might not be fully understanding is
the content. showcases a good represented. unclear.
It effectively grasp of the
captures the material's core
essence of the concepts.
lecture or
reading.