Professional Documents
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Entrep Quarter 3 Week 1 Day 1
Entrep Quarter 3 Week 1 Day 1
• New
• Commercial Success
• Anything requires customer
acceptance and there must
be a critical mass of target
customers willing to pay for
innovation.
Relevance of Studying
Entrepreneurship and Innovation
• Entrepreneurs are
modern rock stars! –
(Go and Go, 2018)
Relevance of Studying
Entrepreneurship ang Innovation
• The richest people in
the Philippines and in
the world are mostly
entrepreneurs.
Relevance of Studying
Entrepreneurship and Innovation
ENTREPRENEURSHIP
• Is also key to healthy economy, and yet based
on various cited statistics, including one
provided by the Bureau of Small and
Medium Enterprise Development, the success
ratio of micro, small and medium scale
enterprise (MSMEs) is typically less than
50%, where less than half of establishments
will still be operating after four years.
Relevance of Studying
Entrepreneurship and Innovation
• As the idea of failure is not
at all appealing to any
person, it would be wise for
aspiring entrepreneurs to
already mitigate or lessen
the risks.
Relevance of Studying
Entrepreneurship and Innovation
• Many entrepreneurs jump a
bandwagon and follow a trend,
sometimes they misinterpret a fad as a
trend without bothering to think hard
of business fundamentals, not
understanding consumer’s unmet
needs, as well as the industry dynamics
to be profitable and cash flow positive.
Why be an Entrepreneur?
• The challenges of an
entrepreneur attract those
whose idea may have been
rejected by former employers,
while others want to leave
legacy within their control.
Why be an Entrepreneur?
• As entrepreneurs, they
can now admire and
follow the footsteps of
other entrepreneurs.
Some of Successful Entrepreneurs
• Who is an
Entrepreneur?
• Who is Innovator?
• What is the meaning of
Innopreneurship?
• While failure is a real thing, so is success,
so why not accept the challenge of an
entrepreneurship adventure? You could
study well, and work for others forever
but you might miss the opportunities to
do more for yourself and for your family.
You only have one life to live and leave a
legacy. What will you choose?
Evaluation: