PERSONAL

ENTREPRENEURIAL
COMPETENCIES
Personal Entrepreneurial
Competencies
-refer to the important
characteristics that should be
possessed by an individual in order
to perform entrepreneurial functions
effectively.
Characteristics, Attributes, Lifestyle,
Skills and Traits of a Successful
Entrepreneur
ACHIEVEMENT CLUSTER

– these PECs cluster focus on the

belief that entrepreneurs perform
and accomplish tasks excellently
not for prestige or money but for
the sake of excellence.
 PLANNING CLUSTER
- a PECs cluster where entrepreneurs
do not plunge into a business on the
basis of inspiration but rather as the
result of:
• deliberate goal-setting
• tireless information-seeking
• systematic planning and
monitoring.
 POWER CLUSTER

– a PECs cluster where

entrepreneurs’ personal
motto is “I can”

he thinks that he can achieve things;

he can convince people to his way of thinking; and
he can influence the outcome of events.
I. ACHIEVEMENT CLUSTER

1. Opportunity seeker
2. Committed
3. Persistent
4. Risk-taker
5. Creativity
1. Opportunity seeker

-scans the environment

2. Committed:
-assumed full responsibility over the
business.
-give full commitment & dedication to
make the business successful.
3. Persistent

-A quitter never wins.

4. Risk-taker
-”No guts, No glory”
-calculated risk

a. High risk-taking
b. Low risk-taking
c. Moderate risk-taking
5. Creativity:
-be creative and
innovative to stay in the
business and in order to
have an edge over the
other competitors.
I. ACHIEVEMENT CLUSTER

1. Opportunity seeker
2. Committed
3. Persistent
4. Risk-taker
5. Creative
 Column A Column B

___1. Opportunity seeker a. do something unique

___2. Persistent b. go for an unknown situation

___3. Risk-taker c. always sticks to the plan

___4. Creative d. always looking for something new

___5. Committed
e. not a quitter
f. solid dedication
 II. PLANNING CLUSTER

6. Excellent Planner
7. Sound Decision Maker
8. Goal-oriented
9. Ability to accept change
10. Has the Initiative
6. Excellent planner:

-carefully maximizing all

the available resources.
-knows that planning is an
effective skill only when
combined with action.
7. Sound decision maker :
-the ability to think quickly and to make wise decisions
-Sound decisions should be based on given facts and
information and lead towards the pre-determined objectives.

Steps in Decision Making

1. Identify the problem
2. Gather the necessary data
IG
A
3. Analyze the data
4. Formulate alternative solutions FS
5. Select the best solution
6. Implement the solution
I
8. Goal-Oriented

-the goal must be S-

M-A-R-T.

-follows the objectives

in the plan diligently if
everything goes
smoothly.
9. Ability to accept change:

-nothing is permanent but

change.
-change occurs frequently.
-cope with and thrive on
changes.
-capitalize on positive changes
to make the business grow.
10. Has the initiative:
-takes the initiative.
-responsible for the failure or success of the business.
 III. POWER CLUSTER

11. Confident
12. Discipline
13. Hardworking
14. Profit-oriented
15. Possesses people skills
11. Confident

-have self-reliance in one’s ability and judgment.

-exhibit self-confidence to cope with the risks of operating
the business.
12. Discipline:

-always stick to the plan

-fight the temptation to do what is unimportant.
13. Hardworking:
-working diligently and being consistent about it.
-keep improving on performance to produce QUALITY
products & services.
-99% PERSPIRATION &
-1% INSPIRATION
14. Profit-oriented:
-enters the world of business
to generate profit or income.
-The business shall become
bread and butter, therefore,
must see to it that the business
can generate income.
15. Possesses people skills:
-have good relationship to
the people working in and out of
the business.
-need to deal with people.
-well-developed interpersonal
skill can make a huge difference
between success and failure.
 II. PLANNING CLUSTER

6. Excellent Planner
7. Sound Decision Maker
8. Goal-oriented
9. Ability to accept change
10. Has the Initiative
 III. POWER CLUSTER

11. Self-confidence
12. Discipline
13. Hardworking
14. Possesses people skills
15. Profit-oriented
 Column A Column B

a. always sticks to the plan

___6. excellent planner
b. work diligently
___7. goal-oriented
c. adaptable to whatever situations
___8. sound decision maker
d. always looking for an opportunity to act first
e. plans must be put into actions
___9. ability to accept change
f. skillful in record keeping
___10. has the initiative
 Column A
___11. self-confidence 
____12. discipline
____13. hardworking
____14. possesses people skills
____15. profit-oriented
Column B
a. Working diligently  
b. relates well with customers & employees
c. trusting in one’s ability
d. duty first before pleasure
e. always looking for an opportunity to earn
f. scans the environment