PICTURE

ANALYSIS
FACTORS AFFECTING
ENTREPRENEURSHIP
 LESSON OBJECTIVES
identify the factors affecting
entrepreneurship
 discuss the personal and environmental
factors affecting entrepreneurship, and
 explain the importance of understanding
the factors affecting entrepreneurship.
PERSONAL ENVIRONMENTAL
FACTORS FACTORS
 PERSONAL
FACTORS AFFECTING
ENTREPRENEURSHIP
 CHARACTER ANALYSIS
Read each situation and analyze the behaviors of
entrepreneurs shown
An entrepreneur noticed a gap in the market
for sustainable, biodegradable packaging.
Instead of waiting, they started researching
materials and suppliers to create their eco-
friendly packaging company.
1. INITIATIVE
 1. INITIATIVE
 doing things before being told
 1. INITIATIVE
Initiative is vital for starting ventures,
making decisions, and pursuing goals.
Sensing changing consumer needs, an
entrepreneur of a tech startup initiated
collaborations with universities to
explore cutting-edge research for future
product development.

2. PROACTIVE
 2. PROACTIVE
 can classify oppurtunities and
seize them
2. PROACTIVE
Identifying opportunities
is crucial as it forms the
basis for innovation,
growth, and competitive
advantage in
entrepreneurship.
Faced with manufacturing delays,
an entrepreneur swiftly restructured
the production process, introducing
new solutions in workflows to meet
deadlines.

3. PROBLEM SOLVER
3. PROBLEM SOLVER
 able to navigate with
challenges and overcome
them
 3. PROBLEM SOLVER
Being a skilled
problem solver aids
in creating solutions,
fostering business
growth building good
relationships
Despite initial rejections from
investors, an entrepreneur
relentlessly refined their business
proposal, demonstrating unwavering
dedication until securing funding for
their venture.

4. PERSEVERANCE
 4. PERSEVERANCE
 pursue things to get
donesregardless of
challenges
4. PERSEVERANCE
The entrepreneurial
journey often involves
setbacks.
Perseverance sustains
motivation and
resilience, crucial for
long-term success.
An entrepreneur effectively convinced a
skeptical client about the benefits of
their service by demonstrating its
potential to address specific pain
points, ultimately securing a lucrative
contract.

5. PERSUASIVE
 5. PERSUASIVE
 ability to entice people
5. PERSUASIVE
Effective communication is
key.

Persuasion skills assist

entrepreneurs in selling
ideas, products, and
building partnerships.
Before launching a new product, an
entrepreneur meticulously outlined a
comprehensive marketing strategy,
coordinating product development,
marketing campaigns, and distribution
channels.

6. PLANNER
 6. PLANNER
 systematically organizing tasks,
setting goals, and creating
strategies to achieve objectives
 6. PLANNER
Entrepreneurs who
can strategically
map out goals and
actions enhance
their chances of
achieving them.
Seeing an emerging trend in an
unconventional market, an entrepreneur
boldly invested resources into a new
venture, embracing uncertainty to
potentially reap significant rewards.

7. RISK TAKER
 7. RISK TAKER
 willing to undertake uncertainty
and potential setbacks in pursuit
of oppurtunities, innovation, and
business success.
 7. RISK TAKER
Entrepreneurship
involves uncertainty.

Risk-taking is integral,
as risks can lead to
innovation and
competitive advantage.
 RECAP
I de n t i f y w h i c h p e r s o n a l f a c t o r s i s
described in each statement:

It is being able
to identify PROACTIVE
oppurtunities.
 RECAP
I de n t i f y w h i c h p e r s o n a l f a c t o r s i s
described in each statement:

It is the ability to
find right
solutions to PROBLEM
problems at SOLVER
hand.
 RECAP
I de n t i f y w h i c h p e r s o n a l f a c t o r s i s
described in each statement:

Being able to
cotinue pursuing
goals no matter
PERSEVERANCE
the challenges.
 RECAP
I de n t i f y w h i c h p e r s o n a l f a c t o r s i s
described in each statement:

It is when
someone do INITIATIVE
things before
being told.
 RECAP
I de n t i f y w h i c h p e r s o n a l f a c t o r s i s
described in each statement:

It is the ability to
entice people. PERSUASIVE
 RECAP
I de n t i f y w h i c h p e r s o n a l f a c t o r s i s
described in each statement:
It is when an
entrepreneur
anticipate PLANNER
possibilities and
prepare beforehand.
 RECAP
I de n t i f y w h i c h p e r s o n a l f a c t o r s i s
described in each statement:

Having the
courage to
gamble with or RISK TAKER
without plans.
 Question to ponder:
Why is it important to know
the personal factors that
affect entrepreneurship?
 Application:
Having identified and understood the
different personal factors that affect
entrepreneurship, choose 1 personal factor
that applies to you. How will this factor help
you in pursuing your dream career?
 EVALUATION
Identify the personal factors
afffecting entrepreneurhsip from the
given situations below and discuss
the factor BRIEFLY and concisely. (5
points each)
1. Before launching a new service, an entrepreneur meticulously
crafted a detailed business plan outlining marketing strategies,
target demographics, and financial projections, ensuring a clear
roadmap for success.
2. Despite facing numerous setbacks and rejections, an
entrepreneur tirelessly refined their prototype, continuously
seeking feedback and making improvements until finally
securing a breakthrough partnership.
3. Encountering a logistical challenge in delivering products
to remote areas, an entrepreneur collaborated with local
delivery services, overcoming the obstacle and ensuring
timely deliveries to customers.
4. Anticipating market shifts, an entrepreneur in the
food industry proactively diversif ied their product line
by introducing plant-based alternatives, foreseeing and
meeting the rising demand for healthier food choices.
5. Recognizing the potential of an emerging market
trend, an entrepreneur boldly invested personal savings
into a new venture, taking calculated risks to seize an
opportunity for significant growth.
6. Recognizing a growing demand for eco-friendly
products, an entrepreneur initiated a community-
driven pro ject to recycle and repurpo se waste
materials into useful goods, kickstarting a sustainable
business model.
7. Convincing potential investors about the viability of
their tech startup, an entrepreneur effectively
articulated the innovative solutions their product
offers, persuading investors to fund the project.