Motivation

Theories
Presented by: Paglinawan, Angelo
Table of contents
01 02 03
What is Motivation Most prominent Other applications
Theories approaches

04 05 06
What is Entrepreneurial Most prominent theories Other applications
Leadership Theories
 What is Motivation Theories
Motivation theories in entrepreneurship refer to the various psychological and
behavioral theories that explain the factors that drive and sustain an entrepreneur's desire
and commitment to start and grow a business. It also helps to predict the employees'
behavior which in turn help to channelize and direct the activities of the employees in
such a way so that organizational goal can be achieved in a more efficient manner.
Most Prominent Motivation Theories:
 Maslow’s Hierarchy of Needs
Proposes that individuals are motivated by a hierarchical set of needs that range from
basic physiological needs to self-actualization. According to this theory, individuals must
first satisfy their basic needs before moving up the hierarchy to higher-order needs. Thus,
entrepreneurs can motivate their employees by providing them with a safe and
comfortable work environment, fair compensation, and opportunities for personal and
professional growth.
 Herzberg’s Two-Factor Theory
Proposes that there are two types of factors that influence job satisfaction and
motivation: hygiene factors and motivators. Hygiene factors, such as salary,
working conditions, and job security, are necessary to prevent dissatisfaction but
do not necessarily lead to motivation. On the other hand, motivators, such as
achievement, recognition, and growth opportunities, are intrinsic factors that
stimulate job satisfaction and motivation.
 Equity Theory
Proposes that individuals are motivated by a sense of fairness and equity in their
relationships with others. According to this theory, individuals compare their own inputs
(e.g., effort, skills) and outcomes (e.g., rewards, recognition) with those of others and
seek to maintain a balance between them. Entrepreneurs can use this theory to ensure
that their employees perceive their compensation and rewards as fair and equitable
compared to those of their peers.
 Goal-Setting Theory
Proposes that individuals are motivated by setting specific and challenging goals and
receiving feedback on their progress towards achieving them. According to this theory,
goals should be specific, measurable, achievable, relevant, and time-bound (SMART) to
be effective in motivating individuals. Entrepreneurs can use this theory to set clear and
challenging goals for their employees and provide them with feedback and support to
achieve them.
Other Motivation Theories
Presented By: Sarcai, Arvin
Other Motivation Theories:
 Effectuation Theory
Effectuation theory was first introduced by Saras Sarasvathy, a professor at the University
of Virginia. This theory emphasizes the importance of the entrepreneur's mindset and decision-
making process in the creation of a successful venture. Unlike traditional approaches to
entrepreneurship, which focus on identifying and exploiting market opportunities, effectuation
theory argues that entrepreneurs create opportunities through their own actions.
 Effectuation Theory
Effectuation theory proposes that entrepreneurs use a set of decision-making principles,
known as the five principles of effectuation, to create and grow their ventures. These
principles are:
• Bird-in-Hand Principle
• Affordable Loss Principle
• Lemonade Principle
• Crazy-Quilt Principle
• Pilot-in-the-Plane Principle
 Lean Startup Methodology
Lean Startup methodology is an approach to building and growing a startup that
emphasizes rapid experimentation, customer feedback, and iterative product
development.
The Lean Startup methodology was developed by Eric Ries, and it has gained
widespread adoption in the startup community over the past decade.
 Lean Startup Methodology
The basic idea is to create a minimal viable product (MVP) and then quickly test it with
potential customers to validate the product's viability and value proposition.
The Lean Startup methodology emphasizes a build-measure-learn feedback loop, where
you build a prototype or MVP, measure its impact through customer feedback and data,
and then learn from that feedback to make improvements to the product
 Design Thinking
Is a problem-solving approach that focuses on understanding the needs and desires of the
user or customer. Design thinking involves a human-centered approach to innovation,
and it is often used to develop new products or services that are tailored to the specific
needs and wants of the target audience.
The design thinking process typically involves five stages: empathy, define, ideate,
prototype, and test.
 Achievement Motivation Theory
This theory was first proposed by David McClelland in the 1950s and suggests that
individuals are motivated by the need to achieve certain goals or objectives.
According to this theory, individuals who possess a strong need for achievement (nAch)
are more likely to be successful in entrepreneurial endeavors. These individuals are
characterized by their desire for challenging tasks and their willingness to take risks to
achieve their goals.
 Achievement Motivation Theory
McClelland identified three key components of the need for achievement: a desire for
success, a fear of failure, and a tendency to take calculated risks. Individuals with a
strong need for achievement are driven by the desire to succeed and are willing to take
calculated risks in order to achieve their goals. They also have a fear of failure, but this
fear is balanced by their desire for success, which motivates them to keep trying even in
the face of obstacles.
Other Application of Motivation Theory
1. Education: Motivation theories such as Self-Determination Theory, Goal-Setting Theory, and
Expectancy Theory are commonly used in education to improve student motivation and
academic performance.

2. Workplaces: Motivation theories like Maslow's Hierarchy of Needs, Herzberg's Two-Factor

Theory, and Equity Theory are used in workplaces to improve employee motivation and job
satisfaction.

3. Health and Wellness: Motivation theories such as Social Cognitive Theory and Health Belief
Model are used in health and wellness settings to promote healthy behaviors and adherence to
treatment.
Other Application of Motivation Theory
4. Sports: Motivation theories like Achievement Goal Theory and Self-Efficacy Theory are used in
sports to improve athletes' motivation and performance.

5. Marketing: Motivation theories such as Self-Determination Theory and Expectancy Theory are used
in marketing to understand and influence consumer behavior.

6. Gaming: Motivation theories such as Self-Determination Theory and Flow Theory are used in game
design to create engaging and motivating games.
 Entrepreneurial
Leadership Theories
Presented by: Antecristo, Nicole Atari
 Entrepreneurial Leadership Theories
Entrepreneurial leadership theories are a set of concepts and principles
that describe the leadership qualities and behaviors of successful
entrepreneurs. These theories focus on the unique qualities and skills
required to lead a startup or a small business, as opposed to traditional
leadership theories that may apply to larger, more established
organizations.
 Entrepreneurial Leadership Theories
Entrepreneurial leadership theories emphasize the importance of
creativity, innovation, risk-taking, and adaptability in the leadership style
of entrepreneurs. They also recognize the importance of the entrepreneur's
vision and the ability to inspire and motivate others to work towards that
vision.
Key Theories of Entrepreneurial Leadership Theories:
 Transformational leadership
Transformational leadership is a leadership style that focuses on inspiring and
empowering employees to achieve their full potential and bring about positive changes
within an organization. This leadership style is characterized by leaders who have a
vision for their organization, communicate that vision effectively, and encourage their
team members to work towards achieving that vision.
 Transformational leadership
The main principles of transformational leadership are:

• Idealized influence
• Inspirational motivation
• Intellectual stimulation
• Individualized consideration
 Charismatic leadership

Charismatic leadership is a leadership style where the leader inspires and motivates
followers through their charm, personality, and confidence. Charismatic leaders have a
vision and a sense of purpose that they communicate with their followers, which can
inspire a shared sense of purpose and a desire to work towards a common goal.
 Charismatic leadership
Charismatic leaders are often described as having strong communication skills and the
ability to inspire and motivate others. They are passionate about their goals and can inspire
others to share in their vision.
One of the benefits of charismatic leadership is that it can lead to high levels of
commitment and engagement from followers. Charismatic leaders can create a sense of
loyalty and dedication among their followers, which can translate into increased
productivity and success for the business.
 Servant leadership
Servant Leadership is a leadership style that emphasizes the leader's role as a servant to
their team or employees. In this approach, the leader's primary focus is on serving their
team by providing them with the necessary support, resources, and guidance to achieve
their goals. The leader prioritizes the needs of their employees over their own, creating a
culture of mutual respect, trust, and collaboration.
 Servant leadership
There are several key characteristics of Servant Leadership that make it a powerful
approach for entrepreneurs:
• Listening
• Empathy
• Humility
• Collaboration
• Empowerment
 Authentic leadership

Authentic leadership is a leadership style that emphasizes the importance of being true to
oneself and others, exhibiting transparency, and being guided by ethical values. It has
many benefits, including fostering a culture of trust and attracting and retaining top
talent. As an entrepreneur, it is essential to understand the different leadership styles and
determine which one is most effective for your organization.
 Other Application of
Entrepreneurial Leadership
Theories
Presented by: Marasigan, Joseph Mark
Other Application of Entrepreneurial Leadership Theories
1. Corporate Leadership: Entrepreneurial leadership theories can be applied in the corporate
setting to encourage innovation and creativity within the organization. Leaders who adopt
entrepreneurial leadership practices can inspire employees to take risks and think outside the
box, leading to the development of new products and services.

2. Social Entrepreneurship: Entrepreneurial leadership theories can be applied to social

entrepreneurship, where individuals create businesses that address social or environmental
issues. Social entrepreneurs require the same skills as traditional entrepreneurs, but they also
need a passion for social change and a commitment to creating sustainable solutions.
Other Application of Entrepreneurial Leadership Theories
3. Non-Profit Leadership: The principles of entrepreneurial leadership can also be applied in
non-profit organizations to create innovative solutions to social problems. Non-profit
leaders who embrace entrepreneurial leadership can help their organizations become more
sustainable and effective by adopting new business models and revenue streams.

4. Government Leadership: Entrepreneurial leadership theories can be applied in government

to encourage innovation and collaboration. Leaders who adopt entrepreneurial leadership
practices can create policies that promote entrepreneurship and innovation, leading to
economic growth and job creation.