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ENTREPRENEURSHIP

MARIA TERESITA BARREDO-


EYAO
Relevance of the Course
“If you can dream it, you can do it.” – Walt Disney

This course will greatly help


young students to think like
entrepreneur. It will enhance
students desire to be an employer
rather than employee.
Relevance of the Course

Benefits to Senior
High School
Students
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1.Classify individual
entrepreneurial interests.
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2. Apply basic marketing


acumen.
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3. Determine legitimate
sources of resources.
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4. Analyze ownership
structures.
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5. Convert threats into


opportunities.
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6. Evaluate feasibility of
ideas.
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7. Consider ethical and legal


business practices.
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8. Write a micro business


plan.
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Usefulness of the
Course to the
Students
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1. Develops skills in starting


up a business.
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2. Demonstrate skills in
maintaining business in long
term basis.
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3. Enhances knowledge of
business operations and
expansions.
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4. Demonstrates business
management.
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5. Uses components of
business plan.
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6. Considers to become
employer rather than
employee.
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7. Changes attitude toward


entrepreneurship as a means
of making a living.
Relevance of the Course
8. Changes in personal and career attitudes including:
 Communication
 Self-actualization
 Ability to manage one’s own life
 Self concept and awareness
 Problem solving
 Self management/personality responsibility
 Collaboration/networking
 Motivation
 Creativity
 Teamwork
WHAT IS ENTREPRENEURSHIP?
Key Concepts and Common Competencies

“Opportunity comes from one person’s idea that influences others to take action.”

Entrepreneurship is a science of
converting processed ideas into a
remarkable business venture.
Key Concepts and Common Competencies

Entrepreneurship is also a capacity


for innovation, investment and
expansion in new market, products
and techniques.
Key Concepts and Common Competencies

10 Competencies for
Entrepreneurial
Success
Key Concepts and Common Competencies

1. Integrity
An entrepreneur has a positive sense of values and
personal beliefs, creating in making business decisions,
influencing in making the desired actions they will take,
particularly when in difficult or challenging situations.
Key Concepts and Common Competencies

2. Conceptual Thinking
The entrepreneur is prepared to use new
approaches and comes up with new ideas that may
enhance work.
Key Concepts and Common Competencies

3. Risk Taking
The entrepreneur understands that risk taking
means trying to anticipate future problems that may
arise in the business organization.
Key Concepts and Common Competencies

4. Networking/Collaboration

The entrepreneur understands that networking ca


provide access to information, collaboration and profits; and
that careful planning and preparation help achieve desired
results.
Key Concepts and Common Competencies

5. Strategic Thinking
The entrepreneur understands that thinking using
strategies can help achieve goals in the organization.
Key Concepts and Common Competencies

6. Commercial Aptitude
The entrepreneur keeps himself updated with
developments in the locality; seeks out best practice;
identifies and determines opportunities that are not
common to others.
Key Concepts and Common Competencies

7. Decisiveness
The entrepreneur resolves issues as they arise in
an unavoidable situation and responds flexibly to deal
with changing priorities set by the upper authorities.
Key Concepts and Common Competencies

8. Optimism
The entrepreneur persists in pursuing goals
despite hindrances and problems; performs in the hope
of success rather than fear of failures; and manages
difficult situation.
Key Concepts and Common Competencies

9. Customer Relation Service

The entrepreneur develops and builds trust and


long term relationships with customers; collates an
expectation of high level of customer service; and
maintains regularly exceeds customer expectation.
Key Concepts and Common Competencies

10. People Centered


The entrepreneurs create commonality among
stakeholders, see and value the best in others. They
build the total capability of the people involved.
Thank You! 
Assignment

Explain the meaning of the following concepts.

1. Strategic Thinking
2. Risk Assessment and Management
3. Workplace Competencies
4. Commercial Aptitude
5. Financial Management

* Put it in a 1 whole sheet of yellow pad paper

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