SENIOR HIGH SCHOOL: ENTREPRENEURSHIP.pptx

LESSON 1

1. ENTREPRENEURSHIP

2. INTRODUCTION TO ENTREPRENEURSHIP LESSON 1

3. Activity 1 Give at least five (5) names of entrepreneurs that you know. May it be from your locality or within Philippines. Identify what are their common traits as entrepreneur.

4. RELEVANCE OF ENTERPRENEURSHIP TO AN ORGANIZATION Development of Managerial capabilities-this means that one of the benefits an entrepreneur gets is to develop his managerial skills.

5. RELEVANCE OF ENTERPRENEURSHIP TO AN ORGANIZATION Creation of Organizations- which means that because of entrepreneurships many organizations will exist.

6. RELEVANCE OF ENTERPRENEURSHIP TO AN ORGANIZATION Improving standard of living- this means that entrepreneurship can lift up the economic status of an individual.

7. RELEVANCE OF ENTERPRENEURSHIP TO AN ORGANIZATION Means of economic development- this means that not only the life of the entrepreneur is improved but also the society where the business is located.

8. CONCEPT OF ENTREPRENEURSHIP

9. CONCEPT OF ENTREPRENEURSHIP The word “entrepreneur” was derived from the French verb enterprendre , which means “ to undertake”. This is pinpointing to those who “undertake ” the risk of enterprise . The enterprise is created by an entrepreneur and the process is called “ Entrepreneurship ” . Entrepreneurs are innovators, willing to take risks and generate new ideas to make it unique and profitable solutions to the present-day problems.

10. FACTORS AFFECTING ENTREPRENEURSHIP

11. Personality factors which includes: Initiative - which means doing things even before being told.

12. Personality factors which includes: Proactive- which means he can classify opportunities and seize it.

13. Personality factors which includes: Problem Solver- which means he can retain good relations with other people

14. Personality factors which includes: Perseverance- meaning he will pursue things to get done regardless of challenges

15. Personality factors which includes: Persuasion- means that he can entice people to buy even if they don’t.

16. Personality factors which includes: A Planner- meaning he makes plan before doing things and do not fail to monitor it.

17. Personality factors which includes: A Planner- meaning he makes plan before doing things and do not fail to monitor it.

18. Personality factors which includes: Risk-taker - which means that he is willing to gamble but he will calculate it first .

19. Environmental Factors - which include political, climate, legal system, economic and social conditions and market situations.

20. Common Competencies in Entrepreneurship

21. an entrepreneur must be firm in making decisions. DECISIVE an entrepreneur must have a convincing power. COMMUNICATOR an entrepreneur must have the charisma to be obeyed by his employees LEADER an entrepreneur must have the ability to be the first to see business chances. OPPORTUNITY SEEKER controlling a situation by making things to happen or by preparing for possible future problems. PROACTIVE they have the courage to pursue what is their business ideas. RISK TAKER the entrepreneurs have big business ideas and they do not stop improving and thinking of new worthwhile ideas for their business. INNOVATIVE

22. Core Competencies in Entrepreneurship

23. ECONOMIC AND DYNAMIC ACTIVITY Entrepreneurship is an economic activity because it involves the creation and operation of an enterprise with a view to creating value or wealth by ensuring optimum u tilization of limited resources . INNOVATIVE Entrepreneurs constantly look for new ideas, thus he needs to be creative. PROFILE POTENTIAL The entrepreneur can be compensated by his profit coming from the operation. RISK BEARING The entrepreneur needs to gamble but wise enough to offset the risk.

24. TYPES OF ENTREPRENEURS INNOVATIVE ENTREPRENEURS they are those who always make new things by thinking of new ideas. IMITATING ENTREPRENEURS they are those who don’t create new things but only follow the ideas of other entrepreneurs. FABIAN ENTREPRENEURS they are those skeptical. They don’t initiate but follow only after they are satisfied. DRONE ENTREPRENEURS they are those who lives on the labor of others. They are die-hard conservatives even ready to suffer the loss of business. SOCIAL ENTREPRENEURS they are those who initiate changes in the various fields such as education, health, human rights, environment and enterprise development .

25. CAREER OPPORTUNITIES OF ENTREPRENEURSHIP PAGE NUMBER PROJECT TIMELINE Business Consultant with the expertise of the entrepreneur he can be a very good source of advices to other entrepreneurs and would be business man . Teacher a graduate of an entrepreneurship can be use his knowledge in teaching Researcher the entrepreneur can be employed as researcher by an enterprise . Sales the entrepreneurship graduate can apply as salesman Business Reporter the entrepreneur being expert in the field, he can be employed as business reporter.

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