Juan is Honest

(Si Juan ay matapat)

 Juan is not greedy
(Si Juan ay hindi sakim)
 Ced is a Liar
(Si Ced ay sinungaling, parang yung ex mo!!)
 Karen is choosy.
(Si Karen ay pihikan, hindi
naman kagandahan!!)
 Each one of us have different
characteristics and traits. Some are
good, some are bad. It’s important
to harness the good and erase the
bad.
What are the characteristics
of your Ideal Man/Woman?
What Characteristics
upsets you the most?
What characteristics that
you and your friends have
something in common?
 Traits and Characteristics
• Trait- is feature of an individual which is
inherited. Trait comes genealogically.

• Characteristic-  refers to the

distinctive qualities that make up an
individual. Characteristic needs to be built by
a person and absorbed
To become successful, an Entrepreneur
should have the following 14 traits and
characteristics. These are listed by
Peggy Lambing and Charles Kuehl in
their book named Entrepreneurship.
14 Traits and Characteristics of an Entrepreneur
(Peggy Lambing and Charles Kuehl)
 1. Passion for Business

This traits refers to the eagerness to be involved in

commercial activities. i.e to think of a great good or
service to sell, to produce, and to sell and market it, in
order to gain a fair share of profit form it.
 2. Tenacity despite failure

is a trait exhibited by entrepreneurs because they

are bound to meet with failures along the way,
since failure is inevitable. Hence, the tenacity to get
up and persevere with the effort of staying on
course with the business is an important trait
among entrepreneurs.
 3. Confidence

is a must-have trait for entrepreneurs, who should

possess that belief in themselves and their
capabilities to see things through and get things
done.
 4. Self-Determination

is the belief that one’s fate or destiny lies really on

one’s self-his beliefs, efforts and actions. An
entrepreneur usually does not subscribe to the
thought of being controlled by blind fate or being
tossed about the winds of fate.
 5. Management of risks

Entrepreneur know how to take risk but these risks are

calculated risks that are well thought out and
considered. It is often a myth when people say that
entrepreneurs are like gamblers who take big risks.
 6. Seeing Changes as an opportunity

The natural reaction to change is to resist it. But the

attitude of most entrepreneurs is to welcome change
because it may contain an opportunity to open up a
market, niche, improve the product or better the way of
doing the business.
 7. Tolerance for ambiguity

It is the attitude of accepting the fact that things

aren’t always going with our plans. Managing an
enterprise will cause you a lot of inconveniences that
may cause so much chaos.
8. Initiative and need for achievements

Entrepreneurs usually have a great need to achieve

things and to have accomplishments. They are highly
motivated to create goals and reach them. They derive
deep sense of satisfaction in accomplishing things.
 9. Eye for detail

having an eye for detail means knowing the

importance of the little things that can determine
the quality of a product or service, commitment in a
personal or business relationship and other matters.
 10. Creativity

Entrepreneurs have often been said to be creative

because they are not satisfied with just copying or
doing the same routine or churning out the same
product.
 11. Seeing the big picture

Although entrepreneurs have an eye for detail, they do

not get lost in the details. They are able to assess how
particular decisions about operations or human
resource can affect the other aspects of the business.
 12. Having several motivating factors

Entrepreneurs are complex creatures who are motivated by many

factors, aside of course from the basic monetary one’s
-Need for achievement
-Desire for independence
-To gain control over one’s fate
-Build something for the challenge
-Like the challenge
-To live how and where one chooses
 13. Goal-Setting

Entrepreneurs usually make clear goals

that are realistic and achievable.
 14. Flexibility

Entrepreneurs are usually flexible in their decision

making and actions, especially in the early stages
of the business, since things are still evolving.
Assignment:
Do some research about the life/companies
of the following Entrepreneurs:
1. Henry Sy Sr.
2. John Gokongwei
3. Lucio Tan
4. Tony Tan Caktiong
5. Manny Villar