OBJECTIVES:

01 03
describe an entrepreneur by identify the competencies
presenting successful stories of they possess on becoming
each entrepreneurs they 02 an entrepreneur
admire.
explain the different
entrepreneurial core
competencies
 discover different
personal show interest in
entrepreneurial the concept of
characteristics they Filipino
possess Entrepreneurship
 
ENTREPRENEUR’S CREED

“I do not choose to be a common person. It is my right to be

uncommon – if I can. I seek opportunity – not security. I do
not wish to be kept citizen, humbled and dulled by having
the state look after me.

I want to take the calculated risk, to dream and to build, to

fail and to succeed.

I refuse to barter incentive for a dole; I prefer the challenges

of life to the guaranteed existence; the thrill of fulfillment to
the stale calm of Utopia.
 I will not trade my freedom for beneficence nor my dignity
for a handout. I will never cower my before any master nor
bend to any threat.

It is my heritage to stand erect, proud, and unafraid; to

think and act for myself, to enjoy the benefit of my creations
and to face the world boldly and say:

This, with God’s help, I have done. All this is what it means
to be an entrepreneur.
 GUIDE QUESTIONS
What are the choices and wants of an entrepreneur?
State the challenges that he prefers.
What does he want to enjoy in his life?
Who could help to fulfill his dream?
In two sentences, describe an entrepreneur
THE
ENTREPRENEUR
 ENTREPRENE
UR

ENTREPREND
RE

ENTR
E
PRENDE
JEAN BAPTISTE SAY (1767-1832)
Who is the Entrepreneur?
 Choose one entrepreneur
(local or international) that
you admire. Identify how they
started their business and
share their success story to the
class.
 PERSONAL
ENTREPRENEURIA
L COMPETENCIES
ACHIEVEMENT CLUSTER
PLANNING CLUSTER
POWER CLUSTER
 ACHIEVEMENT
CLUSTER:
OPPORTUNITY SEEKER
 Seizes unusual circumstances to earn profit.

 Sees even the most negative situations as a

good opportunity.

“An opportunity without

action is nothing.”
 ACHIEVEMENT
CLUSTER:
Persistent
 Strong-willed and determined in reaching goals.

 Always perseveres despite the difficulties.

“Only those quitters

are the one who fail.”
 ACHIEVEMENT
CLUSTER:
Committed to Work

 Takes full responsibility at work.

 Performs extraordinary chores to get the job

done.
 ACHIEVEMENT
CLUSTER:
Risk Taker
 Courageous enough to face business
challenges.

 It is not afraid of the changing needs of

consumers..

There is risk when the result of

any decision is actually not
certain.
 ACHIEVEMENT
CLUSTER:
Demand for efficiency and quality

 Is not satisfied with just a good work.

 PLANNING CLUSTER
Goal Setter
 An achievement oriented person.

 Makes sure to reach his/her targets or

• S – pecific plans.
• M – easureable
• A – ttainable
• R – elevant
• T – ime-bound
 PLANNING CLUSTER:
Systematic Planner

 Assures that several back-ups are made to

assure the attainment of goals.
 PLANNING CLUSTER:
Information Seeker
 A person who continuously seeks pertinent details
about the market, the suppliers, competitors, and
trend.
 POWER CLUSTER:
Persuasion and Networking
 Persuasion – is the capacity of an entrepreneur to
convince people.

 Networking – is the entrepreneur’s ability to bind

and merge their business with other companies or
business firms.
 POWER CLUSTER:
Self Confidence
 An entrepreneur’s belief in his capacity to do
things really well.
SELF-ASSESSMENT
Instruction: Examine on your own personal characteristics and see if you possess
some of the entrepreneurial traits. Check out, too, which areas you can improve
on. As thuthfully as you can, check your answer on the following statements.

ENTREPRENEURIAL SELF-TEST

No. Qualities Yes Maybe No

1 I am persistent.

2 When I am interested in a project, I need less sleep.

3 When there is something I want, I keep my goal clearly in mind.

4 I examine mistakes and learn from them.

5 I keep Ne Year’s Resolution.

6 I have a strong need to succeed.

7 I have new and different ideas.

8 I am adaptable.

9 I am curious.

10 I am intuitive.

11 If something cannot be done, I find a way.

12 I see problems as challenges.

13 I take chances.

14 I will gamble on a good idea even if it is not a sure thing.

15 To learn something new, I explore unfamiliar objects.

16 I can recover from emotional setbacks.

17 I feel sure of myself.

18 I am a positive person.

19 I experiment with new ways to do things.

20 I am willing to undergo sacrifices to gain possible long-term

rewards.
21 I usually do things my own way.

22 I tend to rebel against authority.

23 I often enjoy being alone.

24 I like being in control.

25 I have a reputation for being stubborn.

Scores per answer:
• YES – 3 pts.
• MAYBE – 2 pts.
• NO – 1 pt.

Total Score Interpretation:

• 60-75 – You have the qualities of an Entrepreneur
• 48-59 – You have the potential but need to push
yourself.
• 37-47 – You may want to start a business alone.
• Below 37 – Self-employment may not be for you
 THE CONCEPT OF
FILIPINO
ENTREPRENEURSHIP
THE CONCEPT OF FILIPINO
ENTREPRENEURSHIP
Filipinos are not very entrepreneurial
Why are most Filipinos employees?
Many Filipinos are afraid to put up their own business
The development and promotion of Filipino entrepreneurship is
one of the top programs of the government.
Reasons why some people
prefer not to engage in
business.