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E UR

E P R EN
E N T R
IP
Overview of Entrepreneurship and its
Relevance to SHS Students
WILLIAM HENRY “BILL” GATES III

 Born October 28, 1944


 American business magnate, philanthropist,
investor, computer programmer and inventor.
 In 1975, Gates co founded MICROSOFT,
the world’s largest PC software company,
with Paul Allen
 Net Worth: US$105.6 billion (May 2020)
JEFF BEZOS

 Born January 12, 1964


 Founder and CEO of Amazon.com
 Net worth: US$204.6 billion (August 26,
2020)

 Declared by Forbes as the Richest


Man in the World.
Overview of
Entrepreneurship
and its Relevance to
SHS Students
LEARNING OBJECTIVES:
 Increase your knowledge about
entrepreneurship; &
 Determine the relevance of
Entrepreneurship to your everyday
life and to the society as a whole.
WHAT IS ENTREPRENEURSHIP?
 It is the capacity and willingness to develop,
organize and manage a business venture along
with any of its risks in order to make profit.
- (Business Dictionary)
WHAT IS ENTREPRENEURSHIP?
 An important driver of economic
growth and innovation.
 What people do to take their career and
dreams into their hands and lead it in
the direction of their own choice.
ENTREPRENEUR
 A person who sets up a business with the aim to make a
profit and creates a new business, bearing most of the
risks and enjoying most of the rewards.
 An innovator, a source of new ideas, goods, services, and
business/or procedures.
 Playing a key role in any economy, using the skills and
initiative necessary to anticipate needs and bring good
new ideas to market.
“Understanding what an entrepreneur is
can help more people recognize the value
they contribute to the world.
Entrepreneurs take the idea and execute it
while entrepreneurship is about execution
of ideas.”
Relevance of Entrepreneurship to SHS Students
1.To prepare students for livelihood even before college.
2.Entrepreneurship education aids students from all
socioeconomic backgrounds to think outside the box
and nurture unconventional talents and skills.
3.Entrepreneurship develops their initiative and helps
them to be more creative and self-confident in whatever
they undertake and to act in a socially responsible way.
4.It exposes students to numerous opportunities to learn
how to think critically and analyze the pieces on the
board.
Relevance of Entrepreneurship to SHS Students
5. Being aware of all the important factors and seeing how
they affect each other is the foundation of a smart
decision-making process.
6. Students have to be exposed to real-world examples
and learn from their own experience.
7. Entrepreneurship education requires students to be
innovative, creative and collaborative with others.
8. Entrepreneurship education provides budding
entrepreneurs with the skills and knowledge to come up
with business ideas and develop their own ventures.
Activity:

 What appropriate product and/or


business that can be conceptualized
during this COVID -19 pandemic?
Write as many in bullet form in your
paper.
Some business that is in demand today are:

 Delivery Services like grab food


 Online Selling of food products and
hygiene products like soap, etc.
 To make fashionable face masks
 E-Loading services
 Events hosting using app like zoom
“The way to get started is to
quit talking and begin
doing.”
-Walt Disney

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