ENTREPRENEURS

HIP

Genalyn J. Azarcon
Subject Teacher
 OBJECTIVES
1. Define entrepreneurs and
entrepreneurship; and
2. Discuss the relevance of this
course.
 WHAT IS
ENTREPRENEURS
HIP?
 WHAT WILL
HAPPEN TO THE
WORLD WITHOUT
BUSINESSES?
 ENTREPRENEURSHIP
Entrepreneurship is the activity of setting up
a business or businesses, taking on financial
risks in the hope of profit.
 ENTREPRENEURSHIP
Entrepreneurship, as defined by Cole
(1959), a purposeful activity to initiate and
develop a profit-oriented business.
 ENTREPRENEURSHIP
According to Kurato (2009),entrepreneurship
is a dynamic process of vision, change, and
creation that requires an application of
energy and passion towards the creation
and implementation of new ideas and
creative solutions.
 ENTREPRENEURSHIP
Entrepreneurship has an enormous impact on
the economy and in the society. Globally, the
level of entrepreneurial activity has contributed
significantly to the national level of economic
growth of many countries. It was Joseph
Schumpeter, an Australian economist, who first
articulated the importance of entrepreneurship to
the economy and the society in 1934.
 ENTREPRENEURSHIP
This increases the entrepreneurial activities has
also initiated changes in the structure of
business and society. Without
entrepreneurship, even a very rich region will
be stagnant, even a very fertile region, where
there is an abundant production of agricultural
crops, and great surpluses will remain stagnant
without entrepreneurship.
 ENTREPRENEUR

-is a person who sets up a business with

the aim to make a profit and create a
fulltime, sustainable business with
employees.
 Entrepreneurs

Are those people who:

perceive and take advantage of

economic opportunities;
who innovate and develop new products
and services
who invest their resources (time, money
and efforts) to run a business or
enterprise
 RELEVANCE OF
ENTREPRENEURSHIP
Creates employment

Develops new market

Introduces innovation.
 RELEVANCE OF
ENTREPRENEURSHIP
Generates new materials

Stimulates investment interest in the

new business ventures being created.

Improves the quality of life

 RELEVANCE OF
ENTREPRENEURSHIP
Serves as role model.
Bring social benefit to the people.
Utilizes and mobilizes indigenous
resources.
Provides more alternatives for
consumers.
DAY 02
 WHAT MAKES A
GOOD
ENTREPRENEURS?
RAGS TO RICHEST
STORY....
CHARACTERISTICS OF A GOOD
ENTREPRENEURS
Hardworking
Self-confident
Disciplined
Committed
Able to accept change
Creative
Has the initiative:
Profit- oriented
Hardworking:

This means habitually working diligently

for a long period of time. Hardworking
people keep on improving their
performance to produce good products
and/or provide good services
Self-confident:

Entrepreneurs have confidence in one

ability and own exhibit self-confidence
in order to cope with all the risk of
operating their own business.
Disciplined:

Successful entrepreneurs always stick

to the plan and fight the temptation to
do what is an important.
Committed:

A good entrepreneur accepts full

responsibility of everything of his or her
business. He/she gives full commitment
and solid dedication to make the
business successful.
 Able to accept change:

Nothing is permanent but change.

Change occurs frequently. When you
own a business, you should face your
challenges and cope with changes.
Capitalize on positive changes to make
your business grow.
Creative:

An entrepreneur should be creative and

innovative to stay in the business and
in order to have an edge over the other
competitors.
 Has the initiative:

An entrepreneur takes the initiative.

You must put yourself in a position
where you are responsible for the
failure or success of your business.
 Profit- oriented:

An entrepreneur enters into the world

of business to generate profit or
additional income. This shall become
the bread and butter for you and for
your family as well. Therefore, you
must see to it that the business can
generate income.
why is it important to have those
mention characteristics for you
to become a good entrepreneur?
DAY 03
 Presentation of
business idea by group
DAY 04
 Activity : Complete me and
Describe me!

Direction: Complete the acronym

ENTREPRENEURSHIP using an
adjective. Write
your answer in a separate sheet
of paper.
DAY 05
15-ITEM QUIZ
“A Goal without a
Plan is just a Wish”

- Antoine
de Saint Exupery
(French Writer – 1900-1944