ENTREPRENEURSHIP

ADATO, STEVEN F.
BELO, VERONICA B.
GALLARDO, JONATHAN S.
MENDIOLA, GIGS SYMON P.
REDECIO, JEREMIAH REY
WHAT IS ENTREPRENEURSHIP?

• Entrepreneurship is the capacity and

willingness to develop, organize and manage
a business venture along with any of its risks
to make a profit.

• Entrepreneurship is the pursuit of

opportunity beyond resources controlled.
WHAT IS ENTREPRENEURSHIP?
• Entrepreneurship is one of the resources
economists categorized as integral to production, the
other three being land/natural resources, labor and
capital.

• An entrepreneur combines the first three of these to

manufacture goods or provides services. They
typically create a business plan, hire labor, acquire
resources and financing, and provide leadership and
management to the business.
WHAT MAKES AN ENTREPRENEUR?

• An entrepreneur is an individual who

creates a new business, bearing most of the
risks and enjoying most of the rewards. The
entrepreneur is commonly seen as an
innovator , a source of new ideas, goods,
services, and business/ or procedures.
WHAT MAKES AN ENTREPRENEUR?

• They dream big.

• They have a clear vision of what they want to
achieve.
• They have a passion for a positive change.
• They engage in calculated risk taking.
• They are results- driven.
TYPES OF ENTREPRENEURSHIP
• SMALL BUSINESS ENTREPRENEURSHIP
They are anyone who runs his/ her
business. They hire local employees or
family. Most are barely profitable. Their
definition of success is to feed the family
and make a profit, not to take over an
industry or build a $100 million business.
As they can’t provide the scale to attract
venture capital, they fund their businesses
via friends, family or small business loans.
TYPES OF ENTREPRENEURSHIP
• SCALABLE STARTUP ENTREPRENEURSHIP
These entrepreneurs start a company
knowing from day one that their vision could
change the world. They attract investment
from equally crazy financial investors –
venture capitalists. They hire the best and the
brightest. Their job is to search for a
repeatable and scalable business model.
TYPES OF ENTREPRENEURSHIP
• LARGE COMPANY ENTREPRENEURSHIP
Large companies have finite life cycles.
Most grow through sustaining innovation,
offering new products that are variants around
their core products. Changes in customer
tastes, new technologies, legislation, new
competitors etc. can create pressure for more
disruptive innovation – requiring large
companies to create entirely new products sold
into new customers in new markets.
TYPES OF ENTREPRENEURSHIP
• SOCIAL ENTREPRENEURSHIP
Social entrepreneurs are innovators who
focus on creating products and services that
solve social needs and problems. But unlike
scalable startups their goal is to make the
world a better place, not to take market share
or to create wealth for the founders. They may
be nonprofit, for-profit or hybrid.
FAMOUS FILIPINO ENTREPRENEURS
• There are many successful Filipino
entrepreneurs in our country. Among many
reasons, they became famous because of
their big contributions to the growth of our
economy.
SOCORRO C. RAMOS
National Book Store, Inc.
• Ms. Socorro C. Ramos started working as a
salesgirl when she was 18 yrs. old in Goodwill
Bookstore in Escolta. She was good in selling,
that’s why she became in charge of the store.
• When she was married to Jose Ramos, they put
up The National Book Store. Her vision was to
extend the National bookstore not only here in
Luzon but also to Visayas and Mindanao for
cheaper access to books and school supplies.
Before, the National Book Store was a general
merchandise store. Until later on, it was selling
books, greeting cards, and school supplies.
Today, more than 70 National Book Store can be
found nationwide.
TONY TAN CAKTIONG
Jollibee Foods Corporation
• Jollibee was formerly selling Magnolia Ice Cream,
then it was recognized as selling chicken and
burger. Tony Tan Caktiong, the president and CEO
of Jollibee, was a name to remember, not only here
in the Philippines but also in other parts of the
country, like in US, Hongkong, China, Indonesia,
and Japan. He had received several awards in the
business and the likes. The success of Jollibee
according to Mr. Caktiong is sharing to people what
they had achieved. Jollibee had been known to be
a happy and hardworking insect. It is the favorite
place to dine in of many Filipinos especially the
kids.
Lucio Tan
Philippine Airlines
• Lucio Tan’s story was from rags to riches tale.
Before working in the tobacco industry, his
business was a scrap. His dream was to
become a scientist but his fortune was bound
to become an entrepreneur. His hard work
made him successful and became
famous. Now, he owns Asia Brewery,
Tanduay, Fortune Tobacco, Philippine Airlines,
Allied Bank, and many more to mention.
ATTY. FELIPE L. GOZON
GMA Network, Inc.
• Atty. Felipe L. Gozon is the chairman,
president, and CEO of GMA Network. He was
credited for the success of GMA Network in
radio and TV broadcasting, filmmaking, and
music recording. He was Master
Entrepreneur in 2004. Because of the
leadership of Atty. Gozon, he made GMA as
one of the top networks in the country today.
Currently, GMA had via-satellite broadcasting
in Asia and in other parts of the world.
Henry Sy
ShoeMart
• Henry Sy was born on December 25, 1923, in
Xiamen China. In his early twenties, he used to sell
American shoes. Then after three years, he was
able to have his first shoe mart store. SM group of
companies was one of the biggest companies in
our country and the man behind it was Henry Sy.
His self-discipline, perseverance, and hard work
made him what he is today. In almost every part of
the country (as well as in Asia), there is SM
mall.According to Henry Sy Sr., success will not last
if you do not care of it. That’s the secret of their
success.
Jaime Zobel de Ayala
Ayala Corporation
• Jaime Zobel de Ayala was before president
and chairman of Ayala Corporation. He was
considered as one of the richest persons
tied with Henry Sy in 2007. He had received
many awards and the latest was
Entrepreneur of the Year 2012. His strategy
for being successful in this business was
getting partners with those who are in need
in the community. He believes that gaining
profits was not really the concern of every
businessman, but to help the poor people.
Mariano Que
Mercury Drugstore
• Mariano Que first worked in a drugstore.
When he was given the opportunity, he
invested his 100 pesos in the sulfathiazole
tablets. He sold his products to the people
by making use of the wooden pushcart. After
saving a lot of money, he was able to built
Mercury. It was made known to the people
as selling safe medicines and opened for
24/7. Mercury, like any other leading drug
stores, had many stores nationwide.That
was because of the innovations he made in
his products.
ENGINEERING X ENTREPRENEURSHIP
• At present, many engineering students have failed
to start a business due to the lack of good
entrepreneurial ability and quality. The main crux is
that colleges and universities only pay attention to
the professional knowledge and skills for the
cultivation of engineering students, but ignore the
entrepreneurship education.
• At present, scholars in our country have done a lot
of research on entrepreneurship education, but
seldom integrate the research of entrepreneurship
education into the engineering talents training
program.
• In general, what would you say are an engineer's
weaknesses when it comes to being an
entrepreneur?
Two highly valued strengths of engineers can
actually become weaknesses; intelligence and
precision.
• How is the field of engineering changing regarding
entrepreneurship?
The field of engineering is becoming more
multidisciplinary.
• Does being entrepreneurial make you a better
engineer?
Key aspects to being entrepreneurial are
vision and opportunity. Being entrepreneurial
allows an engineer to be more strategic in a
project or in an organization.
Although an entrepreneur is generally
defined as an individual, a group or an
organization can also be entrepreneurial.
This is also a good time to be an
entrepreneur.
QUIZ
1. What is Entrepreneurhip?
2. are innovators who focus on creating products and services that solve
social needs and problems.
3. is the pursuit of opportunity beyond resources controlled.
4. They have finite life cycles. Most grow through sustaining innovation,
5. These entrepreneurs start a company knowing from day one that their
vision could change the world.
6. They are anyone who runs his/ her business. They hire local employees or
family. Most are barely profitable.
7. is one of the resources economists categorized as integral to production,
the other three being land/natural resources, labor and capital.
8. is an individual who creates a new business, bearing most of the risks and
enjoying most of the rewards. The entrepreneur is commonly seen as an
innovator , a source of new ideas, goods, services, and business/ or
procedures.
9 – 10. Name 2 Famous Filipino Entrepreneur
2. Social Entrepreneurship
3. Entrepreneurship
4. Large Company Entrepreneurship
5. Scalable Start Up Entrepreneurship
6. Small Business Entreprerneurship
7. Entrepreneurship
8. Entrepreneur
9. Mariano Que
10. Jamie Zobel de Ayala
Attu. Felipe L. Gozon
Lucio Tan
Henry Sy
Tony Tan Caktiong
Socorro C. Ramos