MODERN

ENTREPRENEURSHIP

CASTILLONES ~ CAPALUNGAN ~
BOLILAN CURUTAN ~ ENRIQUEZ ~
GALANO ~ ESCATRON ~ GUZMAN ~
PALABAY ~ FABROS ~ SAVELLANO
 MODERN
ENTREPRENEURS HI P
o Being an entrepreneur in the 21st century
is a very different experience than it was
even 10 years ago! The entrepreneurship
experience has changed dramatically.
o Social media and other
technological innovations have made the
startup sphere easier to enter than ever
before, but finding success requires just
as much hard work and dedication as
ever.
The evolution of entrepreneurship today has been
quite remarkable. With advancements in technology,
changes in consumer behavior, and the rise of the
digital age, entrepreneurship has transformed in
several ways. Here are a few key aspects of its
evolution:
• GLOBALIZATION
Entrepreneurs are increasingly operating
in a globalized economy. With the rise of E-
commerce, platform, remote work, and
digital communication tools, geographic
barriers are diminishing, allowing startups
to reach international markets more easily.
TECH-DRIVEN INNOVATION
In the modern age, technology has
become a crucial tool for entrepreneurs,
allowing them to reach wider audiences,
streamline processes, and stay ahead of
their competition. The use of software
tools and automation has become
necessity in many industries, allowing
business to stay competitive and
profitable.
SOCIAL IMPACT
There’s a growing emphasis on
social entrepreneurship and business
that prioritize social and
environmental impact alongside
profits. Entrepreneurs are launching
ventures aimed at addressing pressing
societal issues such as climate change,
poverty and healthcare disparities.
REMOTE WORK
Remote work has made it
easier for startups to access
talent globally and reduced
the need for physical office
space, leading to more
flexible business models.
RAPID GROWTH OF E-
COMMERCE
The e-commerce sector has
experienced explosive growth, driven
by changing consumer behaviour and
advancements in logistics and payment
technologies. This presents significant
opportunities for entrepreneurs to
launch online businesses and tap into
growing e-commerce market.
 ENTREPRENEURSHIP
TRADITIONAL
• customers have to visit the business
store or outlet to buy these products or
services.
• the management of the company only
targets the local audience to generate
revenues.
• for starting the traditional business,
there is a need for a big startup cost.
MODERN
• intends to use modern technology
for the business process to gain a
competitive advantage.
• for modern business is the
website, apps or any other social
media platforms.
• the management of the company
intends to leverage the power of
technology.
CHARACTERISTICS OF A
MODERN
ENTREPRENEUR:
Modern entrepreneurs are often driven by
a passion for solving problems and making
a positive impact.
They embrace risk-taking, adaptability, and
a willingness to learn from failure.
They are also adept at utilizing digital tools
and platforms to reach a global audience,
connect with customers, and optimize
business operations.
CHARACTERISTICS OF A
MODERN ENTREPRENEUR:

Modern entrepreneurs implement

fresh business practices, innovative
concepts, and an entrepreneurial
mindset that permeates all aspects
of their operations. It’s about
thinking beyond traditional
boundaries and embracing change.
 MODERN ENTREPRENEURSHIP
• The modern entrepreneur embodies the evolving interplay
between business and society. Apart from possessing traditional
entrepreneurial traits such as foresight, determination, and
resilience, the modern entrepreneur fully embraces technology,
inclusivity, and the power of collaboration. Moreover, modern
entrepreneur exhibits a strong social conscience by emphasizing
sustainability, ethical practices, and social responsibility in all
their pursuits.
 MODERN ENTREPRENEURSHIP

• In today’s fast-paced and interconnected world, the

modern entrepreneur is a catalyst for change and progress. They
combine passion, innovation, and purpose to navigate the complexities
of the business landscape. By embracing entrepreneurship, individuals
have the opportunity to forge their own path, make a positive impact,
and shape the future. Whether you aspire to create a startup, lead a
social enterprise, or pioneer advancements in your field, the
entrepreneurial journey can be enriching and transformative.
thank you for listening
and have a great day
ahead!