UNDERSTANDING

ENTREPRENEURSHIP
AND EXPLORE JOB
OPPORTUNITIES
AS A CAREER
Lesson 1 in Entrepreneurship Subject
 Objectives

#1
Discuss the
relevance of the
course
#2
Explore job
opportunities for
Entrepreneurship as a
career
 MOTIVATION
What comes to your mind when you hear entrepreneurship?
“If an opportunity doesn’t knock, build a
door.”
— MILTON BERLE
INTRODUCTIO
N
This lesson deals with sufficient
knowledge of entrepreneurial
principles equips you with the
necessary skills

Key concepts, underlying

principles, and basic/core
competencies in
Entrepreneurship.
 Entrepreneur
✔ The term "entrepreneur" originates from the French
word entreprendre which means “to undertake".
✔ It refers to a particular field of practice or process.
✔ The American Heritage Desk Dictionary defines
an entrepreneur who organizes, operates, and
assumes the risk of business ventures.
✔ defined as a person who strongly advocates and
correctly practices the concepts and principles
Entrepreneursh
ip
“ defines entrepreneurship as the art of observing
correct practices in managing and operating a self-
owned and wealth creating business enterprise by
providing goods and services that are valuable to
customers “
 Distinguish the difference

Small Business
A small business is different from an ordinary small business.
Small business refers to a business enterprise that correctly
adopts and practices the principles of entrepreneurship. It is
owned by one person with a limited workforce of not more
than 20 persons.
Ordinary Small
Business
An ordinary small business pertains to a business
enterprise managed and operated by an owner who
is not an advocate of and does not practices the
concepts and principles of entrepreneurship .
Areas of Responsibilities Entrepreneurship Ordinary Small Business

An entrepreneur starts a business based on concepts,
Motive in opening a principles and aspiration to become successful.
Always aim for creativity and innovation.
business
He/she consider risk inherent in the business venture,
Perception of risks in the prepare the business for it, and find ways to minimize
business its effects.
An owner of ordinary small business opens a business
with primary goal of making it his/her source of
livelihood.
He / She believes that the business rick is a deterrent to
the operation of the business and must be avoided.

The entrepreneurs reacts positively to the changes in He / She remains passive and static to the changes in
Reactions to changes in the environment and considers changes as creative the environment and believes that change in the
the environment mechanism for development and growth. environment is a source of negative consequences.

The presence of competition is a sign of a healthy An owner of ordinary small business views
View on competition economic environment. competition as an unhealthy element in the business
and tries to avoid it.
He/she usually outlines his/her venture in terms of He/she relies upon chance or luck in maintaining the
Vision for development short-term, medium term ,and long terms plans for status quo of his/her business and not so much concern
and growth action. about its development and growth.

He/she explores ways to generate the much Tends to limit the funding of his/her business
Sources of business funds needed funds both internal and external sources. enterprise to personal resources.
 MOTIVATION
Do you imagine yourself becoming an
entrepreneur and managing your own
business in the future? If yes, Why? If no,
Why not?
 Explore job
opportunities for
Entrepreneurship as a
career
The field of entrepreneurship
presents unique opportunities,
each with its individual
challenges and benefits. A
career in entrepreneurship can
be made in virtually any field,
depending on your interests.
 Entrepreneurship Career
Outlook
The following table highlights four typical careers for
entrepreneur majors and the salary potentials for each.
Median Annual Salary for Entrepreneurship Careers

ENTRY-LEVEL EARLY CAREER MIDCAREER EXPERIENCED

JOB TITLE
(0-12 MONTHS) (1-4 YEARS) (5-9 YEARS) (10-19 YEARS)

Business Manager $49,410 $54,870 $62,960 $68,030

Finance Manager $58,550 $75,290 $95,710 $97,970

Financial Analyst $54,620 $60,210 $68,230 $71,670

Chief Executive
$101,440 $112,020 $131,890 $160,070
Officer

A person working in Business Planning in Philippines typically earns around

47,400 PHP per month. Salaries range from 23,200 PHP (lowest average) to
80,200 PHP (highest average, actual maximum salary is higher).
Source: http://www.salaryexplorer.com/salary-survey.php
ENTREPRENEURSHIP CAREER
OPPORTUNITIES FOR THE ACADEMIC
TRACK
1. BUSINESS CONSULTANT
2. SALES MANAGER
3. RESEARCH AND DEVELOPMENT
DIRECTOR
4. FUNDRAISER
5. TEACHER
6. TALENT RECRUITER
7. BUSINESS REPORTER
8. NEW VENTURE CREATOR
BUSINESS
CONSULTANT
• people who can go to a client site,
identify problems and fix them

Do you like…

• Making travels from one client

company to another
• Helping companies to find their
problems
• Recommending solutions to company
problems
 SALES
•MANAGER
Someone who knows how to represent
a company, manage accounts and
follow up on leads.
Do you like…

• Representing a company for a product

or service
• Managing accounts for a company
• Following up on customers interested
in your products or services
RESEARCH AND DEVELOPMENT
DIRECTOR
• someone who understands business
concepts, systems, procedures and
practices.

Do you like…

• Looking for useful facts and

information
• interpreting data and making
conclusions Dr.Mauro Allan Padua Amparado
• Understanding business procedures Research Director of University of Cebu

and practices
FUNDRAIS
ER
• someone who raises money for a specific
purpose and meant not to make profit but
instead for maintaining the organization
or toward the purpose for which it was
created and understands the importance
of business and networking relationships.
Do you like…

• Organizing events
• Building networking relationships
• Raising money for a cause
 TEACH
•ER
someone to inspire students how to
increase their entrepreneurial intention
through acquiring the attitude towards
entrepreneurship
Do you like…

• Speaking in front of many people

• Inspiring young people to have a vision
for society Mr.Rolanel Elron M. Rica,MBA
• Sharing your experiences and insights Entrepreneurship / Economics / &
Business Simulation Enterprise Teacher
about business and success
TALENT
RECRUITER
• someone whose job is in sourcing,
attracting, recruiting, interviewing,
and on-boarding employees to an
organization and someone who is
people savvy and has an in-depth
business sense as well.
Do you like…

• talking one on one

• knowing what motivates people
• making agreements with people
• finding the right people for a position
 BUSINESS
•REPORTER
someone who can write articles is in a
prime position to take the lead on
covering a local business beat.
Do you like…

• Dressing up for a speaking engagement

• Interviewing famous business
personalities
• Explaining about latest developments
in business
Karen Davila
• Working with the television crew Broadcast Journalist
NEW VENTURE
CREATOR
• Someone to launch a company, start
a new venture in a family enterprise
or commercializing a technology.

Tony Tan Caktiong

Jollibee Foods Corporation
Thank you!!!
Activity 2. Self-Reflection (10 Points)
Objective: Explore job opportunities for
Entrepreneurship as a career
Material: Black/Blue Ballpen
Procedure: Pretend that you will be putting up a
small business. Follow the instructions below.
1. Explain what kind of business venture you intend
to open based on your personal interest and skills
and why you have chosen it. (Note: Answers must
be an essay type, at least 1-2 paragraph and 10
sentences.)
Assignment!!!!!
Answer the following questions on a separate
sheet of paper. Use short bond paper.
1. Identify the character traits that are common
among successful entrepreneurs?
2. What are the skills and competencies that are
relevant in the practice of entrepreneurship?