LESSON 01

INTRODUCTION TO ERNTREPRENEURSHIP
Learning objectives

1.DEFINE ENTREPRENEUR
SHIP;

2. DISCUSS THE RELEVANCE OF

ENTREPRENEURSHIP

3. EXPLORE JOB OPPORTUNITIES

FOR ENTREPRENEURSHIP AS A
CAREER
DEFINE
ENTREPRENEURSHIP
What is Entre
preneurship?

The process
of designing,
and running launching
a new busines
often initially s, which is
a small busine
the "capacity ss, or as
and willingnes
develop, org s to
anize and ma
business vent nage a
ure along wit
risks to make h any of its
a profit.
Entrepreneurs
hip is more t
economic term han just an
but it is a w
thinking. ay of
 French word "Etrep
rende" which
means "to undertak
e"

WHAT IS AN Individuals who ha

ve generated subs

ENTREPRENEUR? value and profits fr tantial

om innovations in a
short period of tim very
e. -Schumpeter

A person who und

ertakes the risk of
starting a new busin
ess venture.
WHAT MAKES SOMEONE AN
ENTREPRENEUR?

iv it y - t he
Creat Dete
t d r iv e s the Dedication - this is rmin
ation
spark tha the e
xtrem -
p m e n t o f what motivates the ely
devel o strong
d u c t s or entrepreneur to desire
new p ro achie to
w a y s to ve su
o r work hard. ccess
services .
bu s i n es s .
do
WHAT MAKES SOMEONE AN
ENTREPRENEUR?

ibi li t y - the
Flex
to m o v e Leadership - the Pass
ability ion-
nse entre what
in re sp o ability to lead your prene gets
quickly ur
g in g m ar ket people. starte
to chan d.
need.
WHAT MAKES SOMEONE AN
ENTREPRENEUR?

fi de n c e -
self -con Smart- common
u n c e rta inty
reduces sense joined with
e le ve l o f
and th knowladge
risk.
WHY SHOULD BECOMING
ENTREPRENEUR BECOME
DIFFERENT?

Required Education Required Skills Career Outlook

- educational -tolerance for risk - earnings for
requirement for taking and a entrepreneurs vary
entrepreneurs are willingness to leave drastically and income
nonspecific security of a is often unstable,
conventional and especially in the early
tedious job days of a new business.
 Questions
1. CAN YOU SEE ANNA AS CAPABLE OF
BEING AN ENTREPRENEUR?

2. IF YOU WERE ANNA, WHAT

WILL YOU DO?

3. IF YOU WERE MICHAEL, WHAT

ADVICE WILL YOU GIVE TO ANNA?
RELEVANCE OF
ENTREPRENEURSHIP
Questions: Why do we need to study
entrepreneurship?

Why do you think

entrepreneurship is important?

To whom do you think it is

important? Why?
Create Opportunity
Ensure Social Justice
Instill Confidence
Stimulates the economy
Take Risks
Fail and Persevere
Become Creative,
inventive and innovative
CREATE
OPPORTUNITY
Employment
Entrepreneurial
Opportunity
ENSURE SOCIAL
JUSTICE
Social justice is being
expanded through
entrepreneurship.
INSTILL
Self-confidence is
CONFIDENCE your biggest weapon
and tool when it
comes to
entrepreneurship or a
startup.
STIMULATES THE
The 1987 Philippine
ECONOMY Constitution
recognizes
entrepreneurship as
an engine of
economic growth.
TAKE RISK
Risk-taking enables
and encourages
innovation
FALL AND
PERSEVERE The goal is to keep
overcoming
obstacles, growing
sales, and making
money, ad infinitum.
BECOME CREATIVE,
INVENTIVE AND The ability to turn
INOVATIVE ideas into action
"Entrepreneurial
Mindset"
CAREER OPPORTUNITIES IN
ENTREPRENEURSHIP
Business Consultant
Management Analyst
Sales
Research and
Development
Non-for-profit
fundraiser
Intrapreneur
BUSINESS CONSULTANT

Business consultant
provide advice about
business issues, such as
the development and
implementation of
business plans, how to
streamline operations or
how to expand into a
new market.
MANAGEMENT ANALYST

The person who

evaluates a business
systems, procedures
and operations, they
may also review a
business financial
matters, such as the
ratio of income to
expenditures.
SALES

Someone who works in

sales or runs the
department need to
know how businesses
run. They need to know
how to represent a
company, manage
accounts, and follow up
on leads.
RESEARCH AND DEVELOPMENT

To work in R&D, you need

to understand business
concepts, procedure, and
practices. With all of the
training and education
someone has received
learning about
entrepreneurship, they are
well prepared for this type
of position
NON-FOR-PROFIT FUNDRAISER

Being able to raise funds

requires understanding the
importance of business and
networking relationships. It is
a great place for someone
with this type of degree
because you will have
experience in studying
advanced concepts that can
be used to your advantage
on the job.
INTRAPRENEUR

An intrapreneur is an inside
entrepreneur, or an
entrepreneur within a large
firm, who uses
entrepreneurial skills without
incurring the risks associated
with those activities.
Entrepreneurship is the introduction of a new Entrepreneurship Teaches us to:
product or service through the creation of a new Create Opportunity
company or the innovation of an existing organization. Ensure Social Justice
Instill Confidence
Entrepreneur is an individual who creates a new Stimulates the economy
business Take Risks
Fail and Persevere
What Make Someone an Entrepreneur? Become Creative, inventive and
innovative
Creativity
Dedication
Determination
Career Opportunities in
Flexibility
Leadership Entrepreneurship:
Passion Business Consultant
Self-Confidence Management Analyst
Smart Sales
Research and Development
Why should becoming entrepreneur become Non-for-profit fundraiser
different? Intrapreneur
Required Education

Required Skills

Career Outlook