Professional Documents
Culture Documents
Lesson 4 - Entrip
Lesson 4 - Entrip
Lesson 4 - Entrip
Location
- Urban (City)
- Rural
Market Survey
1. What is your preferred Business?
C. Food
- Turo – Turo (Egg waffle, Fishball, Banana Que)
- Karenderya
- Fine Dining
Market Survey
1. What is your preferred Business?
D. Cosmetics
- Cologne/Perfume
- Soap
- Rejuvenating Set
- Make up
- Lotion
Market Survey
2. Target Costumers
A. Student ( 10 – 23 yrs old)
B. Employees ( 25 – 45 yrs old)
C. Senior Citizen ( 60 – 80 yrs old)
Market Survey
3. Location:
A. Near School Premises
B. Mall
C. Condominium/Subdivision
D. Public Housing
Market Survey
4. Reasons why you choose that business,
customers and location.
5. Make a pie chart on the answers of your
respondents in each category.
6. Make conclusion/generalization about
the business.
Lesson 4: Entrepreneurial
Mindset
Learning Style and Skill Set
● Imagining style – entrepreneur prefer concrete
experiences and tend to use varying thinking
processes to generate multiple solutions and ideas.
● Analyzing style – entrepreneur prefer taking in
abstract information through reflection and enjoy
logical problem solving and theory formulation.
● Deciding style – Application through practical task
oriented problem solving.
Learning Style and Skill Set
● Initiating style – Entrepreneurs are
interested in practical activities that more
likely engage their sense of intuition, and
they are more likely to learn through
social interactions.
● Balanced style – allows them to adopt
their learning on a situational basis.
Lesson 4.1: Opportunity
Seeking, Screening and
Seizing
Opportunity
●Opportunity – Pertains to idea
that have the potential to be
develop into a business
venture/idea.
Seven Sources of Opportunity Seeking
by Drucker
1. The unexpected
2. Industry & market disparities
3. Process vulnerabilities/needs
4. Incongruities
5. Demographics
6. Changes in perception
7. New Knowledge
Lesson 4.2: Opportunity
Screening
Opportunity Screening
● Does it has value to customers?
● Does it provides solution to a
compelling Problems?
● Does it fully satisfy a need or want?
● Is it a potential cash cow?
● Does it match with your skills and
resources?
Thaaaaaannnksssss