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Entrepreneurship: Chapter 1 Understanding Entrepreneurship Lesson 1 - Defining Key Terms
Entrepreneurship: Chapter 1 Understanding Entrepreneurship Lesson 1 - Defining Key Terms
Entrepreneurship: Chapter 1 Understanding Entrepreneurship Lesson 1 - Defining Key Terms
Entrepreneur Entrepreneurship
business person business
small-to-medium scale
business
Some even consider that there is no difference between the two
terms (entrepreneur and businessperson). BUT…There is a clear
distinction between them.
Businessperson VS. Entrepreneur
What is Entrepreneurship and Entrepreneur?
Contributions of
Entrepreneurship
Jenny at the end of the year is enriched by P590,000 after paying the
annual income tax of P110,000 to the BIR.
Who is an entrepreneur?
- Is a unique individual who has the innate ability and extraordinary
dedication to establish and manage a business, acknowledging all the
risks and reaping its rewards.
A successful entrepreneur is one who has created value for his or her
customers. The opportunity to create such value arises when one sees
viable solutions to everyday problems.
Entrepreneurship in the Philippines
The 1987 Philippine Constitution recognizes entrepreneurship as an engine of
economic growth. Article XII Section 1 highlights the role of private enterprises in
supporting equitable distribution of income and wealth, sustaining production of
goods and services and expanding productivity, therefore raising the quality of life.
VI The next step is to work on making this dream a reality. Visualize your dream as
reality
VE Don’t only keep this vision internal, no go out and talk about it. When talking
about your vision, set your goals which you are working towards, which will help
you achieve your vision.
M Things will start falling in place and you will see that actions start happening.
You will be reaching your goals and your dream will start materializing.
ACTIVITY
NEW PRODUCT
IDEAS