WELCOME

TO
ENTREP 2021
ENTREPRENEURSHIP 2021
MR. ROMMEL DEL PRADO LEGASPI

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Content Standard
Demonstrates understanding of
key concepts, underlying
principles, and core
competencies in
Entrepreneurship
Performance Task
The learner independently
creates/provides a quality and
marketable product and/or
service in Entrepreneurship as prescribed
in the TESDA Training
Regulation.
Training Regulations (TR) – a TESDA-promulgated
document that serves as basis for which the
competency-based curriculum and instructional
materials and competency assessment tools are
developed. This document represents a specific
qualification. It defines the competency
standards for a national qualification and how
such qualification can be gained, assessed and be
given recognition.
Objectives:
1. Discuss the relevance of the course;
2. Explain the concept of
Entrepreneurship and Entrepreneur;
3. Analyze a video presentation about
the traits of a successful entrepreneur.
Why do we need to study
Entrepreneurship?
ENTREPRENEURSHIP
•It is the
process of
producing goods
and services to
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improve man’s
quality of life.
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ENTREPRENEURSHIP
•It is the process
of discovering
new ways of This Photo by Unknown Author is licensed under CC BY

combining
resources.
ENTREPRENEURS
Entrepreneurs
are first and
foremost
innovators among
other unique
characteristics
that they possess.
 Entrepreneurship
is important
because…

1. It creates
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opportunities.
 Entrepreneurship is
important
because…

2. It ensure Social
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Justice
Social Justice
It is the relation of balance between
individuals and society measured by
comparing distribution of wealth
differences, from personal liberties
to fair privilege opportunities.
 Entrepreneurship is
important
because…

3. It instill
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confidence.
 Entrepreneurship
is important
because…

4. It stimulate
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economy.
 Entrepreneurship
is important
because…

5. It teaches us to
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fail and persevere.

Entrepreneurship is important because…

6. It teaches us to become creative,

inventive and innovative.
Learning task #1 TRUE OR FALSE (Individual task)
Read the following statement below and identify if it is
true or false.
________
FALSE 1. Successful entrepreneurs
are timid and shy.
________
FALSE 2. Running your own
business is not difficult, and most
companies started by entrepreneurs
are successful.
________
FALSE 3. An advantage of
entrepreneurship is that nobody tells an
entrepreneur what to do.
________
FALSE 4. It is not necessary to
determine how much money it will take to
start a business because you will be able to
borrow all the money you need.
 TRUE
________ 5. An entrepreneur owns, operates,
and takes the risk of a business venture.

TRUE
________ 6. One characteristic of an
entrepreneur is that they can act quickly. They
are not afraid to make quick decisions when
necessary.
________
FALSE 7. An entrepreneur can
expect to earn large profits
immediately after starting a
business.
________ 8. Successful
TRUE

entrepreneurs set challenging goals

and focus on achieving them.
________
FALSE 9. It is not necessary to determine
how much money it will take to start a
business because you will be able to borrow
all the money you need.

TRUE
________ 10. Entrepreneurs invest in their
communities by contributing to the local
economy and by providing jobs.
KEEP THIS IN MIND!

Entrepreneurship comes from a

French word ‘entreprendre’ and the
German word ‘Uternehmen’ both
meaning individuals who are
‘undertakers’.
Entrepreneurship can be defined as a field of business
that seeks to understand how opportunities to create
something new (e.g., new products or services, new
markets, new production processes or raw materials, new
ways of organizing existing technologies) arise and are
discovered or created by specific persons, who then use
various means to exploit or develop them, thus producing
a wide range of effects.

(Baron, Shane, & Reuber, 2008, p. 4)

LET’S EXPLORE!
Answer the question based on your analysis.
1. According to the video what is
the common humble beginning of
the successful entrepreneur?
 TRAITS OF AN
ENTREPRENEUR
1. Entrepreneurs are
reasonable RISK TAKERS.
They enjoy challenges
and carefully calculate
the pros and cons of
each step they take.
2. Entrepreneurs
are CONFIDENT.
They have strong
faith in their
abilities. They
believe they can be
best in their field.
3. Entrepreneurs are
HARDWORKING.
Successful people always
attribute their success to
hardwork. When people
love their work, it is no
longer work. It becomes a
joy.
4. Entrepreneurs are
LEADERS BY THE
VERY NATURE OF
THEIR FUNCTIONS.
4. Entrepreneurs
are Decision
Makers
REFLECT
Reflect on your personal experiences.
1. Have you had personal experience
with an entrepreneur or have thought
about starting your own business
venture in the future? Briefly discuss
your answer by giving example.
What are the
important things I
learned about
entrepreneurship?
Evaluation:
The google form link will be send
to you later for the evaluation of
what have you learned today
including the activities that you
have to accomplish for the
asynchronous activities.
THANK YOU
AND GOD
BLESS.