Getting Ready for Entrepreneurship

Module 1
Entrepreneur? Who, Me? Yess! YOU!
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Remember, entrepreneurs are always looking for

opportunities, and complaints are opportunities.

• When have you heard people complaining?

• What were they complaining about?

• Is it something that a lot of people complain about?

• Can you think of anything that could be done to respond to their complaints?

ACTIVITY: 1

Complaints:

Group of young people watched their school’s basketball game due to their boredom because they felt
like they had been to the mall about 10,000 times. They noticed their team’s basketball uniform and they felt
embarrassed because the opposing team (Central’s) looked cool and brand new. For them it represent their
school and it’s nothing compared to their rival’s. Generally, people were complaining because of their boredom
and their basketball’s team jersey.

What might be done?

The group can suggest about raising fund through small business, in that way they
can help to their basketball team to improve their jerseys. They’ll be able to help the players and
it can lessen their boredom plus they can also earn money.

ACTIVITY: 2
Break into small groups and answer the question:
How would you try to solve any of these problems that the group of young people faced?

They can think of a strategy and brainstorm it. Sharing of ideas is a big help so that they can start their own

small business. As mentioned above they need their uniforms to be replaced. So starting a small business is

the best way to earn money and ease the boredom. They will be engrossed with what they are doing and it’s

not all about business but it is also about having fun and spending their time productively. Also they can make

their practice game every weekend exclusive, so that they can sell tickets and make the earnings as their source

of income for their basketball’s team.

ACTIVITY: 3
As a small group, select a service or product that successfully filled a need and created a
demand.

I chose Zoom as a service that I think is in demand these days.

Who developed/ invented the service or product?

Eric Yuan is the CEO and founder of Zoom Video Communications.

After you have identified the entrepreneur behind the service or product,
research the following details about the entrepreneur.

What opportunity or want did the entrepreneur identify?

Zoom is used for communication like distance education, online conference

and other social relations. It is very reliable especially now that we are
experiencing a pandemic and we’re on a quarantine. It helps us to stay at home
and still work or have online classes.

Was it a new product or service or an improvement to a new product or

service?

Zoom was founded April 21, 2011 so basically it’s not a new service. Based
on the reviews, Zoom upgraded their security so that the on-going meetings will
not be accessed easily and it gives assurance to the users. It improves over time
and they always keep their service updated.

What did the entrepreneur do to help create a demand?

They essentially make the Zoom for conferencing. It really helps, especially
now because of our situation and we cannot hold any face to face event or
meetings with a large group of people. Zoom creates a solution for every
complaints of the users, so it really helps the demand because they listen to their
consumers and immediately improves their service.