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HOME ECONOMICS AND

LIVELIHOOD EDUCATION
IV
Identifying the Characteristics of a
Good Entrepreneur
Characteristics of a Good Entrepreneur

1. Positive
2. Hardworking
3. Courageous
4. Creative
5. Helpful and supportive
6. Healthy
7. Quick thinker
Successful and famous
Entrepreneur in the Philippines
1. Henry Sy, Sr. 3. John Gokongwei, Jr.

2. Tony Tan Caktiong 4. Soccorro C. Ramos


5. Bill Gates 6. Sergey Brin and Larry Page

7. Mark Elliot Zuckerberg


Different Kinds of Business
a. single or sole proprietorship

It is a form of business which is owned and operated by a single individual . Usually it has a
small amount of capital.
b. Partnership
 It is a form of business which is owned and operated by two or more people who
call themselves as partners. The partners agree to contribute money, properties or
industries to put up the business.
. Corporation
 It is form of business which has five owners (known as stock holders) the owner
have no part in the management of the business. Their shares are called capital
stock.
Cooperative
 It is a member-owned business type with at least five members all of whom have
an equal voting rights regardless of the level of their involvement or investment.
All members are expected to help run the cooperative.

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