INTRAPRENEUR- EMPLOYEE

INTRAPRENEURSHIP- ACTIVITIES THAT OCCUR IN A LARGE ORGANIZATION.

ENTREPRENEUR- DERIVED FROM A FRENCH WORD “ENTREPRENDE”, WHICH MEANS “TO
UNDERTAKE”
ENTREPRENEURSHIP- TO SEARCH FOR SOMETHING NEW OR TO EXPLOIT NEW IDEAS AND ACCEPTING
THE RISK.
ENTERPRISE- A BUSINESS OR ESTABLISHMENT VREATED BY ENTREPRENEUR.

1. DEVELOPMENT OF MANAGERIAL SKILLS

2. CREATION OF ORGANIZATIONS
3. IMPROVING STANDARD OF LIVING
4. MEANS OF ECONOMIC DEVELOPMENT

ENTREPRENEURS
- THE PERSON WHO UNDERTAKE ENTREPRENEURIAL ACTIVITIES
- INNOVATORS, WILLING TO TAKE A RISK AND GENERATE GOOD IDEAS

ENTREPRENEURSHIP
- THE PROCESS OF CREATING SOMETHING NEW

POST IT NOTES

SPENCER SILVER (INVENTOR)

ARTHUR FRY (SCIENTIST)

FACTORS AFFECTING ENTREPRENEURSHIP

1. ENVIRONMENTAL FACTORS - A PLACE WHERE ENTREPRENEUR HAS TO WORK.

2. PERSONALITY FACTORS- TRAITS POSSESED BY ENTREPRENEUR
 DRIVE- SELF MOTIVATED, IF HE FAILS HIS FIRST ATTEMPT, HE MAKES ANOTHER ATTEMPT.
 CRITICAL THINKING- DECISION MAKING AND PROBLEM SOLVING, CAN SEE THROUGH A MAZE OF
INFORMATION.
 HUMAN RELATIONS ABILITY- POSSESSES HIGH SOCIAL AWARENESS TO BUILD RELATIONSHIP TO
OTHERS.
 ABILITY TO COMMUNICATE- ABILITY TO UNDERSTAND AND TO BE UNDERSTOOD.
 TECHNICAL KNOWLEDGE- HAVE A FAMILIARITY WITH BUSINESS HE IS GOING TO UNDERTAKE.
 REASONABLE RISK TAKER- HE BEGUN TO ASSUME THE RISK OF BUSINESS FAILURE
 SELF - CONFIDENT- THEY BELIEVE THEY CAN DO THINGS BETTER.
 GOAL SETTER- HE IS PERSISTENT TO ACHIEVE A CERTAIN TARGET, CREATES STRATEGIES AND
ACTION PLAN.
 ACCOUNTABLE- TAKES FULL RESPONSIBILITY OF WHAT WILL HAPPEN TO THE ENTERPRISE.
 INNOVATIVE- HE SEEKS FOR SOMETHING NEW, DISCOVER NEW THINGS.

3. BIOLOGICAL FACTOR

CORE COMPETENCIES IN ENTREPRENEURSHIP

1. ECONOMIC AND DYNAMIC ACTIVITY- CONCERNED IN THE CREATION AND OPERATION OF

ENTERPRISE
2. INNOVATION- SEARCH FOR NEW IDEAS, EVALUATE BUSINESS OPERATIONS
3. PROFIT POTENTIAL- IS THE ABILITY OF A PRODUCT OR DERVICE TOL GENERATE OR REVENUE AFTER
EXPENSES.
4. RISK BEARING- WILLING TO UNDERTAKE A CALCULATED RISK, COULD RESULT POSITIVE OR
NEGATIVE OUTCOME.
MANG INASAL

EDGAR SIA- OWNER OF MANG INASAL

IN 2003, HE IS 26 YEARS OLD AND DECIDED TO OPEN BARBEQUE FAST FOOD RESTO
MANG INASAL ( MR. BARBEQUE)
TONY CAKTIONG BUY MANG INASAL FOR 5 BILLION

INNOVATION- ACTION OR PROCESS OF APPLYING NEW METHOD, LOOKING FOR NEW IDEAS
MANAGEMENT- PROCESS OF CONTROLLING OR DEALING WITH PEOPLE OR THINGS.

FUNCTIONS OF ENTREPRENEUR

1. INNOVATION

THE WATER GASOLINE-

NOLI DAZO, THE INVENTOR OF “TUBIG NA GASOLINE” OR “ DAZO WATER FUEL HYDROGEN”

2. ASSUMPTION OF RISK-
HENRY FORD
FAMOUS INVENTOR OF AUTOMOBILE, HE IS IMAGINATIVE AND RISK TAKER.

3. RESEARCH-
ANGELO CASSIMIRO
HE INVENTS ELECTRICITY-GENERATING SHOES

4. DEVELOPMENT OF MANAGEMENT SKILLS-

JOE MAGSAYSAY
POTATO CORNER, 550 STALLS IN THE PH AND AROUND THE WORLD.

5. OVERCOMING RESISTANCE TO CHANGE

PERSONAL COMPUTER
COMPUTERPHOBIA

6. CATALYST OF ECONOMIC DEVELOPMENT-

ARACELI AND JUN MANAS-HENLIN
THEY STARTED HEN LIN IN 1983, THEY HAD A CAPITAL OF 30,000.00

TYPES OF ENTREPRENEURS

1. INNOVATIVE ENTREPRENEURS- HAVE THE ABILITY TO DO NEW THINGS

LEANDRO LEVISTE HE FOUNDED THE SOLAR PHILIPPINES, HE IS A SOLAR DEVELOPER
2. IMITATING ENTREPRENEURS- ARE THOSE WHO COPY THE NEW INVENTIONS OF INNOVATIVE
ENTREPRENEURS, THEY IMITATE THE PROCESS.
3. FABIAN ENTREPRENEURS- THEY ARE SKEPTICAL ABOUT THHE CHANGES IN THE INDUSTRY, THEY
DON’T START ANY INVENTIONS, THEY ONLY FOLLOW IF THE INVENTION IS SUCCESSFUL
4. DRONE ENTREPRENEURS- THEY ARE VERY CONSERVATIVE, THEY ARE HAPPY AND CONTENDED,
THEY OPERATE IN TRADITIONAL WAYS.
5. SOCIAL ENTREPRENEURS- WILLING TO TAKE RISK AND EFFORT TO CREATE POSITIVE CHANGES IN
SOCIETY THROUGH INITIATIVES.

CAREER OPORTUNITIES FOR ENTREPRENEURSHIP GRADUATES

1. MID-LEVEL MANAGEMENT-EXECUTES THE IDEAS DEVELOPED BY THE CEO, THEY ARE THE WHO
HAVE ENTREPRENEURIAL DEGREES.
2. BUSINESS CONSULTANT-
3. SALES
4. RESEARCH AND DEVELOPMENT
5. NOT-FOR-PROFIT FUNDRAISER
6. TEACHER
7. RECRUITER
8. BUSINESS REPORTER OR BLOGGERz