UNIVERSITY OF SCIENCE AND TECHNOLOGY

OF SOUTHERN PHILIPPINES
College of Science and Technology Education
Department of Technical and Technology Education
Alubijid | Balubal | Cagayan de Oro | Claveria | Jasaan | Oroquieta | Panaon | Villanueva

HE 327 | MIDTERM | ACTIVITY NO. 2

PERSONAL ENTREPRENUERIAL COMPETENCIES
Student Name: Abegail B. Sabal Subject: Beauty Care Services
Year & Section: BTLED HE 3D Date: March 8, 2024

Entrepreneur is a person who is able and willing to engage in commerce or business for profit in spite of the
risks. He/she must able to balance the different roles he/she takes on to perform his/her duties well.
PEC refer to the list of attributes of successful entrepreneur. These attributes maybe referred to by different
names, but what is essential are the concrete actions the represent them.
The questionnaire provided by the DepEd can give you an idea how close your attributes are with that of
successful practitioner.

CARRY IT OUT
1. Recall an instance in your life where you rendered services or sold something where you gain monetary
rewards. Describe briefly the experience.
 When I had some toys that I no longer used and were in good condition, I decided to sell them and use the
money to buy a new toy that would be more appropriate for my age. I set up a table outside my house in the
neighborhood and sold my toys at a fair price. Many of my neighbors bought them, and I shared with them the
story behind the toys. This experience taught me important lessons about pricing, customer service, and the joy
of repurposing unwanted items.

2. Name other roles of an entrepreneur that you think is crucial to the success of the business.
 To be a successful entrepreneur, it's not enough to take risks. They also need to possess a range of skills, such as
being able to look ahead and anticipate future trends and opportunities, solve complex problems that arise
during business operations, make good decisions based on data and intuition, inspire and motivate employees,
build strong relationships with customers, suppliers, and partners, and effectively promote and sell products or
services to their target audience. All of these roles are essential for a business to succeed.

3. Name three (3) challenges that a young entrepreneur faces today.

 Young entrepreneurs face challenges today, including needing more experience and networks. This means they
may need to gain the required skills, knowledge, or connections to establish and expand a successful business.
Additionally, access to funding can be another significant challenge for them as they may find it challenging to
obtain investments or financial support due to insufficient credit history or collateral. Lastly, competition is
another crucial challenge. Many existing players dominate the market, making it hard for new businesses to
secure a place and distinguish themselves from competitors.

4. Write down inside box A the activities that you like to do, be it as a hobby or just your interest.

A. Singing
B. Dancing
C. Watching Kdrama
D. Eating Ramen
E. Cooking at Home
F. Searching for good investments like land, home, apartment and etc. that are aesthetic
Compare your list with that of a successful entrepreneur. Complete the diagram that follows.
Write in box B, the qualities that you should develop to be a successful entrepreneur. In box C, identify the activities
that you think can help you develop the qualities you wrote in box B. Do the same for box D, only this time, name
the activities that you do that prevent you from developing the qualities you wrote in box B.

B. To become a successful entrepreneur like Tony Tan Caktiong (the owner of Jollibee), several qualities can
contribute to it:
1. It's essential to possess a strong work ethic and be willing to invest the necessary time and effort to
achieve my goals.
2. Being adaptable and open to change is crucial as the business landscape constantly evolves.
3. Outstanding communication and interpersonal skills can help me establish robust relationships with
customers, employees, and investors.
4. Being innovative and creative can help me develop new ideas and approaches that distinguish me
from my competitors.
5. By defining a precise vision and establishing realistic objectives, I can concentrate and stay driven
toward achieving my goals and success

C.
D.

1. To develop a strong work ethic, set a

1. Lacking a solid work ethic and
routine, prioritize tasks, and focus on
procrastinating can hinder progress toward
completing important ones first.
achieving goals.

2. To become adaptable, attend

2. Being resistant to change and inflexible
workshops, network with entrepreneurs,
can also prevent me from adapting to the
and read relevant material to stay up-to-
constantly evolving business landscape.
date with trends.

3. Lack of communication and

3. To improve communication skills,
interpersonal skills can result in poor
practice active listening, seek feedback,
customer, employee, and investor
and develop emotional intelligence to
relationships.
manage emotions and conflicts.

4. Lack of creativity and innovation that

4. To cultivate creativity, practice idea
can limit me from developing new ideas
generation, seek feedback, and stay
and approaches that distinguish them from
curious to develop new approaches that
competitors.
set me apart.

5. Failing to define a precise vision and

5. To establish objectives, set SMART goals,
establish realistic objectives to make it
conduct market research, and understand
easier to stay focused and driven toward
my target audience and competition to
achieving success.
stay focused.