REVIEW: What are the

moral qualities that is

seldom found together in
one person?
 ACTIVITY: GIVING MEANING TO
BUSINESS QUOTES

•EACH GROUP WILL EXPLAIN THE

ASSIGNED BUSINESS QUOTES FOR THEM.
•EACH GROUP WILL BE GIVEN 3 MINUTES
TO DO THE TASK
GROUP 1
GROUP 2
GROUP 3
GROUP 4
IN YOUR OWN POINT OF VIEW WHAT IS
THE IMPORTANCE OF BUSINESS?

WHY DO WE HAVE TO STUDY BUSINESS?

 WHAT IS ENTREPRENEURSHIP?

•It is the capacity and willingness to

develop, organize and manage a business
venture along with any of its risk in order
to make a profit.

• Example is the starting of a new business

In economics, entrepreneurship combined
with land, labor, natural resources and
capital can produce profit.
•ENTREPRENEURIAL SPIRIT is
characterized by innovation and risk-
taking and is essential part of nations
ability to succeed in an ever changing
and increasingly competitive global
marketplace.
 ENTREPRENEUR
•A person who organizes and manages
any enterprise, especially a business,
usually with considerable initiative and
risks
•MINDSET- a mental attitude or
inclination
According to SCHUMPETER

“ the capabilities of innovating

introducing new technologies,
increasing efficiency and productivity,
or generating new product or services,
are characteristics qualities of
entrepreneurs”
•ROBERT REICH
•“ leadership, management ability and
team building to be essential qualities
of an entrepreneur.
 FIXED MINDSET GROWTH MINDSET

• Innate SKILLS • Result of hard work

• Can always improve
• Unchanging
• Something to CHALLENGES • Embrace
avoid • Opportunity to
change
• Will reveal lack of
skill • Calls for
perseverance
• Not necessary EFFORT • Essential
• Linked to being • Leads to mastery
not good enough
 FIXED GROWTH
MINDSET MINDSET
• Produces FEEDBACK • Useful and
defensiveness positive
• Personalized • Welcomed
• Identify areas to
improved
• blame others, SETBACKS • Opportunities to
not my fault learn from
• Easily • Focus on making
discouraging changes
•LEARNING ALL THESE THINGS WHAT
CAN YOU SAY ABOUT AN
ENTREPRENEUR?
•DO YOU WISH TO BE AN
ENTREPRENEUR?
•WHAT BUSINESS WOULD YOU LIKE
TO VENTURE AND WHY DO YOU LIKE
IT?
SHORT QUIZ
• 1. A person who organizes and manages any enterprise,
especially a business, usually with considerable initiative
and risks
• 2. It is the capacity and willingness to develop, organize and
manage a business venture along with any of its risk in order
to make a profit.
• 3. A mental attitude or inclination
• 4.It is characterized by innovation and risk-taking and is
essential part of nations ability to succeed in an ever
changing and increasingly competitive global marketplace.
• 5. It is an example of an entrepreneurship.
 ASSIGNMENT: MAKE A
DREAMBOARD
DREAM OF WHAT YOU WANT TO
ACHIEVE IN YOUR LIFE
EXAMPLE OF A DREAM BOARD