Professional Documents
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Entrepreneurship LAS 1
Entrepreneurship LAS 1
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Name of student:
Date:
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I. Introductory Concept
Entrepreneurship education aids students from all socioeconomic backgrounds to think outside the box and nurture
unconventional talents and skills. It creates opportunities, ensures social justice, instills confidence, and stimulates the
economy. Entrepreneurship education is a lifelong learning process, starting as early as elementary school and
progressing through all levels of education, including adult education.
Introducing students to entrepreneurship develops their initiative and helps them to be more creative and self-
confident in whatever they undertake and to act in a socially responsible way. There are many ways entrepreneurship
lessons can be integrated into the school curriculum.
III. Activities
1. 2.
5. 4.
2
Take Time to Read Young Entrepreneur
What is entrepreneurship?
The activity of setting up a business or businesses, taking on financial risk in hope of profit.
The creation of an innovative economic organization for the purpose of gain or growth under conditions of risk
and uncertainty (Mark J. Dollinger).
The ability to create and build an enterprise from practically nothing, fundamentally a creative act (Donald F.
Kuratko).
What people do to make their dreams and careers into their own hands and lead them in the direction of their
choice.
About building a life on your own terms. No bosses. No restricting schedules. And no one holds you back.
Who is an Entrepreneur?
The term “entrepreneur” comes from the French word entreprendere which means “to
undertake”
A person who sets up a business with an aim to make a profit and creates a new business,
bearing most of the risks and enjoying most of the rewards.
An innovator, a source of new ideas, goods, services, and business or procedures.
Playing a key role in the economy using the skills and initiative necessary to anticipate
needs and bring good new ideas to the market.
Types of Entrepreneurs:
1. Mega Entrepreneurs- individuals who are willing to absorb huge risks of using enormous amounts of capital
in their business ventures
2. Micro-Entrepreneurs- individuals who are engaged in micro or small businesses as an alternative formal
employment
3. Social Entrepreneur- individuals who use the entrepreneurial mindset not only to improve profitability and
productivity but also improve social equality and environmental sustainability
Importance of Entrepreneurship:
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Activity 2 Characteristics of an Entrepreneur
After you have read the characteristics of an entrepreneur, which of those characteristics might describe you?
Think about how you may have demonstrated some of the entrepreneurial characteristics through your schoolwork,
extracurricular activities, or part-time job.
Direction: List down at least five of your entrepreneurial characteristics in the table below and make a short
explanation/description about them.
2.
3.
4.
5.
Business Consultant
Sales
Research and Development
Not–for–profit Fundraiser
Teacher
Business Reporter
New venture creation
Career in existing entrepreneurial ventures
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2. Independence and Autonomy – you can set your own goals, pick your partners, and face the consequences
of your own decisions.
3. Income Security and Financial Success
4. Recognition Status
5. Family
6. Dissatisfaction with current work arrangements
7. Community and Social Motivation
Activity 3
Matching type
Direction: Match each description in Column A with the characteristics in Column B. Write
the letter of the correct answer.
A B
1. Jerome knows that he is more than capable A. Determination
to do the work.
2. Jerome focuses on his work and sets a goal.
B. Confidence
3. Jerome takes Covid – 19 as an opportunity to
create a business.
4. Jerome’s product price and quality has an C. Competitive
advantage over his competitor.
5. Jerome continuously produce flowerpot even D. Open – Minded
when there are only limited resources.
E. Discipline
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Being entrepreneur
Activity 3
This activity will determine if you are ready to become an entrepreneur. Put a check marl
() on a table that best describe your answer.
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Entrepreneurship Career Opportunities
1. Business Consultant- are people who can go to the site, identify problems and fix them.
2. Sales Manager- someone who knows how to represent a company, manage accounts and follow-
up on leads
3. Research and Development Director- someone who understand business concept, system,
procedures and practices
4. Fundraiser- someone who raises money for a specific purpose and meant not to make profit but for
maintaining the organization or towards the purpose for which it was created. They understand the
business and networking relationships.
5. Talent Recruiter- someone whose in sourcing, attracting, recruiting, interviewing and on boarding
employees to an organization.
6. Business Reporter- someone who can write articles on covering a local business beat.
7. New Venture Creator- someone to launch a company, start a new venture in a family enterprise or
commercializing a technology
This Activity will determine if you are ready to become an entrepreneur. Put a Check ()
on a table that best describe your answer.
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22. I am a team player
23. I enjoy tackling a challenge with a group of people
24. When I hear the word impossible, I begin to think of
how it can be done
25. I want to change things for the better, I am not
satisfied with the way things are
26. I enjoy the freedom, power and ability to make
money based on my decision and talents.
27. I would like being my own boss
28. I am persistent and will rarely take NO for an answer
29. I have always been good and selling things
30. I take responsibility for actions. When I am wrong, I
am willing to admit, when I am right, I want to be
recognized.
31. My teachers and friends know they can count on me
to get work done
32. I am a risk-taker
33. I am willing to invest my own money to start a
business
34. I am confident in my ability to make a good decision
TOTAL=
V. References
Belin, M. S. (2020) Introduction to business plan preparation. Regional Center Site, Rawis, Legazpi
City
The importance of entrepreneurship in school curriculum. Retrieved March 17, 2021, from
https://theknowledgereview.com/the-importance-of-entrepreneurship-in-school-curriculum/
Lesson 1: importance of entrepreneurship. Retrieved March 17, from
https://www.slideshare.net/
JohemieLopezQuinones/lesson-1-importance-of-entrepreneurship
Panganiban, F. (2018). Entrepreneurship: introduction part 4 career opportunities. Retrieved
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March 17, 2021, from
https://www.slideshare.net/rarepacer/entrepreneurship-introduction-
part-4-career-opportunities
3 Legal Forms of Business. Retrieved March 17, 2021, from
https://www.slideshare.net/mmoore5/3-legal-
forms-of-business
Types of entrepreneurship. Retrieved March 17, 2021, from
https://byjus.com/commerce/what-is-
entrepreneurship/
Are you ready to be an entrepreneur? Retrieved March 18, 2021, from
https://www.google.com/url?sa=
t&source=web&rct=j&url=https://www.education.ne.gov/wpcontent/uploads
/2017/07/entreplesson
studentactivity1v2.pdf&ved=2ahUKEwjW1pStbbvAhVNfd4KHST6BvwQFjALegQICRAC&usg=
AOvVaw1zWqkjD3OZW1k7xYNpj5yl
Do I have what it takes to be an entrepreneur and is my community ready? Retrieved March 18,
2021, from
google.com/amp/s/slideplayer.com/amp/122555681
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