- Is a proactive process of

developing a business venture to

make a profit.
Entrepreneurship teach us to...
• creates opportunity
• instills confidence
• stimulates the economy
• take risks
• fail and to persevere
• become creative, inventive and innovative
Entrepreneurship is a key driver of our economy.
-The 1987 Philippine Constitution recognizes entrepreneurship
as an engine of economic growth.
-Article XII Section 1 highlights the role of private enterprises in
supporting equitable distribution of income and wealth,
sustaining production of goods and services and expanding
productivity.
Entrepreneurship is
more than just an
economic term
— it is a way of
thinking.
- Comes from the French word
entreprendre which means “to
undertake.”
 Kinds of Entrepreneur
• Megaentrepreneur
- Willing to absorb huge risks of using
enormous amounts of capital in their business
ventures.
• Microentrepreneur
- They are short in funds and
inadequate skills, they cannot undertake
projects that involve huge capital ,
and extensive risks.
 Entrepreneurial Process
a. Discovery
b. Development of Concept
c. Organizing Resources
d. Implementation
e. Reaping the Returns
What Makes Someone an Entrepreneur?
 Personal Attributes

• Creativity - is the spark that drives

the development of new products or
services or ways to do business.

• Dedication is what motivates the

entrepreneur to work hard.
 Personal Attributes
• Determination is the extremely strong desire
to achieve success.

• Flexibility is the ability to move quickly in

response to changing market needs.

• Leadership is the ability to create rules and to

set goals.
 Personal Attributes
• Passion is what gets entrepreneurs
started and keeps them there.

• Self-confidence comes from through

planning, which reduces uncertainty
and the level of risk.
• Smart/s consists of common sense
joined with knowledge or experience
in a related business.
Becoming an Entrepreneur
Required Education
- Educational requirements for
entrepreneurs are nonspecific.
Required Skills
-The ability to multitask is a key.
Career Outlook
- Earnings for entrepreneurs vary drastically,
and income is often unstable, especially in
the early days of a new business
Career Opportunities in Entrepreneurship

Business Consultant

Management Analyst
 Career Opportunities in Entrepreneurship
Sales

Intrapreneur

Research and Development