GEN 009: Entrepreneurial Mind

Module #6* Student Activity Sheet

Name: ____________________________________ Section: ___________________ Date: ___________________

Lesson Title: The Entrepreneur and the Manager Material: SAS

Learning Target: Reference:

At the end of the module, students will be able to explain what is Go, Josiah (2018) Entrepreneurship: Starting
an entrepreneur and a manager an Enterprise. Having an Innovation Mindset.

Productivity Tip: Life is not always perfect. There is always a possibility for a problem. The problem is not the end. But
it’s the beginning of a different life.

A. LESSON PREVIEW/REVIEW

Introduction
After reading the Lesson Title, you must be wondering the differences between an entrepreneur and a manager. So, let
us start with our new lessons. Remember to read the learning target before you proceed to the succeeding sections of
the module. The learning target is your goal. Remember, you need to achieve the learning target at the end of the
lesson.

B. MAIN LESSON
Content and Skill-Building
Read and understand the information presented.

Topic # 1 Entrepreneur versus Manager

Entrepreneur refers to a person who creates an enterprise, by taking financial risk in order to get profit. A
Manager, on the other hand, is an individual who takes the responsibility of controlling and administering the
organization.
The similarities between an entrepreneur and business managers reveal that they both are decision makers;
both have managing abilities and can project forward. To become successful in either field both, possess great time
management, organization, prioritize, monitor plans, have great communications and listening skills. This equates to
successful entrepreneurs and business managers.
Levels of Management

a. Top Level – senior executives of an organization and are responsible for its overall management. Referred to as
Strategic Managers. E.g., CEO, CFO, COO, GM
b. Middle level – sometimes called Tactical Managers, they are responsible for translating the general goals and
plans developed by strategic managers into more specific activities. E.g., Regional Managers, Division Managers
c. Lower – sometimes called front-line or Operational Managers, they supervise the operations of the organization.
They often have titles such as supervisors. E.g. Branch Managers, Department Managers, Supervisors

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 GEN 009: Entrepreneurial Mind
Module #6* Student Activity Sheet

Name: ____________________________________ Section: ___________________ Date: ___________________

Management skills

a. Technical skills – the ability to perform a specialized task involving a particular method or process.
b. Conceptual skills – the ability to identify and resolve problems for the benefit of the organization and its
members. It is the ability to see the big picture.
c. Interpersonal skills – people skills; the ability to lead, motivate, and communicate effectively with others.

Basis for Comparison Entrepreneur Manager

Meaning A person who creates an Is an individual who takes the
enterprise, by taking financial risk responsibility of controlling and
in order to get profit. administering the organization.
Focus Business start-up Ongoing operations
Primary motivation Achievement Power
Approach to task Informal Formal
Status Owner Employee
Reward Profit Salary
Decision-making Intuitive Calculative
Driving force Creativity & Innovation Preserving status quo
Risk orientation Risk taker Risk averse

Now, let us proceed to the activities that will strengthen your knowledge of the topic.

Check for Understanding

Try to finish the exercise before going through the Answer Key at the last page. This will help in checking if you have
understood the lessons in this module before going to the next module.

Exercise 1: Read each statement carefully. Identify who is being described in each number, a Manager or an
Entrepreneur.
__________________1. A person who focuses on the operations of a business.
__________________2. This individual is known to be a risk taker.
__________________3. This person is motivated by power.
__________________4. This person is characterized as being creative and innovative.
__________________5. An individual who is formal in doing tasks.
__________________6. Intuition is commonly used by this person.
__________________7. Though located on the higher part of the organizational chart, this individual is still
considered an employee of the company.
__________________ 8. Profit is the best reward for this person.
__________________ 9. The reward for this individual is salary.
__________________ 10. This individual’s approach to the task is informal.

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 GEN 009: Entrepreneurial Mind
Module #6* Student Activity Sheet

Name: ____________________________________ Section: ___________________ Date: ___________________

Exercise 2: Read each statement carefully. Identify what management skills are being discussed in each statement.
__________________1. This skill is necessary when leading, motivating, and communicating with others.
__________________2. It is the ability to see the big picture.
__________________3. This skill is commonly used in performing a specialized task.
__________________4. A person’s expertise is an example of this skill.
__________________ 5. This skill is important when identifying and resolving problems for the benefit of the
organization and its members.

Exercise 3: Fill in the blanks.

1. A CEO is an example of a __________________level manager.
2. A. Regional Manager is an example of a __________________level manager.
3. Supervisors or Department managers are considered as __________________level managers.

C. LESSON WRAP-UP

Summary
The main difference between Entrepreneur and Manager is their roles in the organization. An entrepreneur is the owner
of the company whereas a Manager is the employee of the company. Entrepreneur is a risk-taker; they take financial risk
for their enterprise. The entrepreneur has a vision and focuses on achievements and profit.

Thinking about Learning

Congratulations for finishing this module! Let’s reflect on your learning.

1. Did you have challenges learning the concepts in this module? If none, which parts of the module helped you learn
the concepts?
_______________________________________________________________________________________
________________________________________________________________________________________

2. Some question/s I want to ask my teacher about this module is/are:

________________________________________________________________________________________
________________________________________________________________________________________

Answer Key

Exercise 1:
1. Manager
2. Entrepreneur
3. Manager
4. Entrepreneur
5. Manager
6. Entrepreneur
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 GEN 009: Entrepreneurial Mind
Module #6* Student Activity Sheet

Name: ____________________________________ Section: ___________________ Date: ___________________

7. Manager
8. Entrepreneur
9. Manager
10. Entrepreneur

Exercise 2:
1. Interpersonal skills
2. Conceptual skills
3. Technical skills
4. Technical skills
5. Conceptual skills

Exercise 3:
1. Top level manager
2. Middle level manager
3. Lower level manager

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