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INTRODUCTION TO

ENTREPRENEURSHIP
OBJECTIVES

The learners should be able to:

• Explain the key concepts of common and core


competencies in entrepreneurship;
• Explore opportunities for entrepreneurship as a career;
• Discuss the relevance of the course to you as a person
and as a member of the society
WHAT IS ENTREPRENEURSHIP?

ENTREPRENEURSHIP IS A PROCESS OF CREATING INCREMENTAL

WEALTH THROUGH THE EFFORTS OF INDIVIDUALS WHO FIND NEW

AND USEFUL WAYS TO EMPLOY RESOURCES THAT LEAD TO THE

CREATION OF NEW PRODUCTS, SERVICES OR TECHNOLOGIES

(UP ISSI, 2012)


PROCESS
KEY WORDS:

CREATING
INDIVIDUALS

ENTREPRENEURSHIP

WEALTH NEW
Entrepreneurship learner’s
material Textbook, 2018
WHAT IS ENTREPRENEURSHIP?

ENTREPRENEURSHIP IS THE CAPACITY AND WILLINGNESS TO DEVELOP,

ORGANIZE AND MANAGE A BUSINESS VENTURE ALONG WITH ANY OF

ITS RISKS IN ORDER TO MAKE PROFIT.

(BUSINESSDICTIONARY.COM)
ENTREPRENDRE

Entre means To enter + Prendre means To take

“to undertake”
COMMON TRAITS OF ENTREPRENEURS

• PROACTIVE
• AGENT OF CHANGE
• RISK TAKERS
• SOCIABLE
COMMON TRAITS OF ENTREPRENEURS

• NETWORKERS
• DECISIVE
• BALANCED
• INNOVATIVE
LEADERS

CORE TRAITS OF COMMUNICATORS


ENTREPRENEURS:

SPECIALIST

PROBLEM SOLVERS
LEADERS

CORE TRAITS OF COMMUNICATORS


ENTREPRENEURS:

SPECIALIST

PROBLEM SOLVERS
LEADERS

CORE TRAITS OF COMMUNICATORS


ENTREPRENEURS:

SPECIALIST

PROBLEM SOLVERS
LEADERS

CORE TRAITS OF COMMUNICATORS


ENTREPRENEURS:

SPECIALIST

PROBLEM SOLVERS
FOUR TYPES OF
ENTREPRENEUR IMITATIVE

ACCORDING TO
CLARENCE
FABIAN
DANHOF

DRONE
mbaknol.com
INNOVATIVE
ENTREPRENEUR
They are those WHO
always make new things
by thinking of new
ideas.
INNOVATIVE

FOUR TYPES OF
ENTREPRENEUR IMITATIVE
ACCORDING TO
CLARENCE
FABIAN
DANHOF

DRONE
mbaknol.com
IMITATIVE
ENTREPRENEUR They are those
WHO don’t create
new things but
only follow the
ideas of other
entrepreneurs.
INNOVATIVE

FOUR TYPES OF
ENTREPRENEUR IMITATIVE

ACCORDING TO
CLARENCE
FABIAN
DANHOF

DRONE
mbaknol.com
fabian
ENTREPRENEUR
They are those WHO
adopts cautious &
incremental/gradual
approach to
entrepreneurship
INNOVATIVE

FOUR TYPES OF
ENTREPRENEUR IMITATIVE

ACCORDING TO
CLARENCE
FABIAN
DANHOF

mbaknol.com
DRONE
dronE ENTREPRENEUR

They are those WHO


are die-hard
conservatives even
ready to suffer the loss
of business.
INNOVATIVE

FOUR TYPES OF
ENTREPRENEUR IMITATIVE

ACCORDING TO
CLARENCE
FABIAN

DANHOF

DRONE
mbaknol.com
Social
ENTREPRENEUR
They are those
WHO pursues
novel application
that have
potential to solve
community-based
problems.
Jobs where you can gain
entrepreneurial skills
CAREERS IN
• Advertising, marketing, and public
relations
ENTREPRENEURS
• Business development
HIP
• Design
• E-commerce and social media
• Management
• Software, web, or app developer
• Real estate
• Sales manager/account executive
• Consultant
• Product manager
Jobs where you can work 9-5 or flex
CAREERS IN hours
ENTREPRENEU
• Accounting/finance
RSHIP
• Civil service
• Gigs and flex scheduled jobs
• Human resource
• Insurance
• Teacher/school administrator
BENEFITS OF ENTREPRENEURSHIP TO THE SOCIETY
AND ECONOMY
1. ENTREPRENEURSHIP HELPS ECONOMY GROW. (HOW?)
2. ENTREPRENEURSHIP ENCOURAGES TECHNOLOGICAL GROWTH
3. ENTREPRENEURSHIP AIDS IN HUMAN DEVELOPMENT
4. ENTREPRENEURSHIP PROMOTES INCLUSIVE GROWTH
5. ENTREPRENEURSHIP BEGETS ENTREPRENEUSHIP
THE DIFFERENCE BETWEEN ENTREPRENEURS & EMPLOYEES

1. ENTREPRENEURSHIP HELPS ECONOMY GROW. (HOW?)


2. ENTREPRENEURSHIP ENCOURAGES TECHNOLOGICAL GROWTH
3. ENTREPRENEURSHIP AIDS IN HUMAN DEVELOPMENT
4. ENTREPRENEURSHIP PROMOTES INCLUSIVE GROWTH
5. ENTREPRENEURSHIP BEGETS ENTREPRENEUSHIP
THE REWARDS OF ENTREPRENEURSHIP

1. MAKE MONEY
2. BE YOUR OWN BOSS
3. GAIN SELF-SATISFACTION
THE RISKS OF ENTREPRENEURSHIP

1. FAILURE
2. LONG HOURS OF HARD WORK
3. UNWANTED RESPONSIBILITIES
LETS TRY THIS ACTIVITY
TRUE / FALSE

1. ENTREPRENEURSHIP IS AN ECONOMIC ACTIVITY.


2. AN ENTREPRENEUR IS A “RISK TAKER”.
3. ENTREPRENEURSHIP CAN IMPROVE THE LIFE OF THE ENTREPRENEUR
ONLY.
4. PROFIT POTENTIAL IS THE COMPENSATION OF THE
ENTREPRENEUR.
5. PUTTING UP A SARI SARI STORE IS AN ENTREPRENEURIAL
ACTIVITY.
WHAT IS THE
IMPORTANCE OF
ENTREPRENEURSHIP
SUBJECT TO YOU?
QUESTIONS?
REFERENCES
• DEPED-UP ISSI - ENTREPRENEURSHIP LEARNER’S MATERIAL TEXTBOOK, 2018
• GAMATERO, A - ENTREPRENEURSHIP 2ND EDITION
• DEPED – BUREAU OF LEARNING RESOURCES
Question?

THANK YOU!
LET’S CHECK YOUR UNDERSTANDING

IN A ½ SHEET OF PAPER, ANSWER THE FOLLOWING:

1. IN YOUR OWN WORDS DEFINE ENTREPRENEURSHIP


(2PTS)
2. ENUMERATE & DISCUSS BRIEFLY THE 4 CORE TRAITS OF
AN ENTREPRENEUR (8 PTS)
3. ENUMERATE AT LEAST 5 BENEFITS OF
ENTREPRENEURSHIP TO THE SOCIETY & ECONOMY (5 PTS)
GROUP PERFORMANCE #2
YOU WILL BE DIVIDED & ASSIGNED TO REPORT ABOUT
THE 5 TYPES OF ENTREPRENEUR:

1. LOOK FOR A SUCCESSFUL ENTREPRENEUR (LOCAL)


2. GIVE A BRIEF LIFE HISTORY
3. DESCRIBE HIS/HER BUSINESS &/ ENTERPRISE
4. DISCUSS WHY YOU CONSIDER HIM/HER AS TO THAT
PARTICULAR TYPE OF ENTREPRENEUR

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