Entrepreneurship

Rochiel T. Molon
Teacher
Observe proper health protocol
while the class is going on.

 Always wear facemask

Observed social distancing
Sanitize your hand regularly
No group activity
Review
MOTIVATION
 Objective
Discuss the relevance of the course
Explore job opportunities for
Entrepreneurship as a career
TLE_ICTAN11/12PC-Ia

1.6 Entrepreneur Vs. Employee

Identify which among the following
descriptions refer to entrepreneur and
which refer to employee
1. Income is earned
whether the
business is
successful or
unsuccessful.
Employee
2. He or she is
usually
comfortable with
routines and
minimal risks.
Employee
3. He or she is fully
responsible for
serving customers,
making the business
profitable/sustainable
and providing
employee satisfaction
Entrepreneur
 Analysis

•What are the two individual

mentioned in the activity? Do
you think they are the factors
in the success or failure of the
company? Why?
Entrepreneurship or Employment
•Entrepreneurship
and employment are
two different career
paths that a person
can choose
depending on his or
her personal
aspirations and work
characteristics.
Important Entrepreneur
Career
factors
Income Income generated passively
even when entrepreneur is
resting
Opportunity Income
unlimited, depending on
the success of the business
Income only earned when
the business is successful
Employee
Income generated
actively( i.e., on working
hours only); no work no
pay
Income usually fixed per
month and increase every
year depending on the
employee’s performance.
Income earned even the
business is successful or
unsuccessful.
Important Entrepreneur Employee
Career
factors
Hiring Provides jobs Seeks for jobs
and firing
Fully responsible Has the goal of
Organizat for serving satisfying only
ional customer, making the employer
Setup business or direct
profitable supervisor.
Important Entrepreneur Employee
Career
factors
Hiring Has the power to Fully
disengage dependent on
and nonperforming employer’s
firing employee performance.
Organiza applying policy of
disengaging
tional personnel
Setup
Important Entrepreneur Employee
Career
factors
Hiring Can venture into Can work for
expansion of current
and business such as employer
firing franchising and exclusively.
Organiza buying other
similar businesses
tional
Setup
Important Entrepreneur Employee
Career
factors
Daily Perform all Has routine
tasks necessary and works
variable task to
establish and on regular
manage a or normal
startup business hours.
Important Entrepreneur Employee
Career
factors

Leisure Has flexible

schedule and can
Has limited
number of
Time take unlimited vacation days
and number of vacation
days( applicable
imposed by
vacation only if the business the employer
has stabilized
already
Important Entrepreneur Employee
Career
factors

Taxation Taxed on the net

income; can claim
Taxed on the gross
income: cannot use
expenses incurred
taxable income related to the job such
deductions for as food and
transportation
allowable expenses expenses to claim for
incurred by the deductions from
business taxable income
Important Entrepreneur Employee
Career
factors

Comfort Comfortable in
doing multiple and
Comfortable
with routines
level at challenging tasks and minimal
work and takes
accountability with
risks, may also
be comfortable
the risks and profit in working for
of the business the company
itself.
Application

Do you see
yourself working
in a company or
an entrepreneur
someday? Why?
Evaluation
Write En for Entrepreneur
Write EM for employee
1. Opportunity Income
unlimited, depending on the
success of the business
Evaluation
Write En for Entrepreneur
Write EM for employee
2. Can venture into expansion
of business such as
franchising and buying other
similar businesses
Evaluation
Write En for Entrepreneur
Write EM for employee
3. Has limited number of
vacation days imposed by
the employer
Evaluation
Write En for Entrepreneur
Write EM for employee
4. Comfortable with routines
and minimal risks, may also
be comfortable in working
for the company itself.
Evaluation
Write En for Entrepreneur
Write EM for employee
5. Taxed on the net income;
can claim taxable income
deductions for allowable
expenses incurred by the
business
Evaluation
Write En for Entrepreneur
Write EM for employee
6. Comfortable in doing
multiple and challenging
tasks and takes
accountability with the risks
and profit of the business
Evaluation
Write En for Entrepreneur
Write EM for employee
7. Has routine and works on
regular or normal hours.
Evaluation
Write En for Entrepreneur
Write EM for employee
8. Has the power to
disengage nonperforming
employee applying policy of
disengaging personnel
Evaluation
Write En for Entrepreneur
Write EM for employee
9. Has limited number of
vacation days imposed by
the employer
Assignment

Bring a Picture of an
entrepreneurial activity,
long band paper and paste.
For activity tomorrow. No
output no grade.
 Evaluation
A. Define planning.(5points)
B. Identify the nature of planning through graphic organizer (5 points)

. .
Rubric:

10 points
Able to define planning and identify the nature of
planning

7 points

Able to define planning but did not able to answer all

5 nature of planning

0 point

Did not able to answer A & B.

Assignment

•Bring a Picture of
an entrepreneurial
activity, long band
paper and paste.