ENTREPRENEURSHIP

Personal
Entrepreneurial
Competencies
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Personal Entrepreneurial
Competencies

1. Achievement Cluster
a. Opportunity Seeking
b. Persistence
c. Commitment to work contract
d. Risk taking
e. Demand for efficiency and quality

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Personal Entrepreneurial
Competencies
2. Planning Cluster
a. Goal Setting
b. Information Seeking
c. Systematic Planning and Monitoring

3. Power Cluster
a. Persuasion and Networking
b. Self-confidence
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Achievement Cluster
a. Opportunity Seeking
- Entrepreneur sees business
opportunities where most see none and
acts and turns them into reality.
b. Persistence
- Entrepreneur refuses to give up and
will try to overcome obstacles just to
achieve goals.
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Achievement Cluster
c. Commitment to work contract
- Entrepreneur owns full
accountability for words and actions.
Entrepreneur commits to satisfy the
customer.
d. Risk-taking
- Entrepreneur is comfortable with
taking moderate and calculated risks in
order to achieve the goal desired.
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Achievement Cluster

e. Demand for efficiency and quality

- Entrepreneur demands efficiency
and quality not only from workers and the
products or services they provide, but also
for oneself. An entrepreneur sets an
example of excellence in the business.

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Planning Cluster

a. Goal Setting
- Entrepreneur knows that in setting
goals, an entrepreneur needs to be
SMARTER: Specific, Measurable,
Attainable, Realistic and Result-Oriented,
Time Bound, Ethical and Recorded.

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Planning Cluster
b. Information Seeking
- Entrepreneur knows that knowledge
or information is power. He seeks
information that is useful to the business.
c. Systematic planning and monitoring
- Entrepreneur believes in the old
adage, “failing to plan is planning to fail”.
An entrepreneur knows that planning does
not stop in writing but actually doing it. 9
Power Cluster
a. Persuasion and networking
- Entrepreneur sees opportunities for
networking in every life event like birthday
party, alumni homecoming, attendance in
seminars and conferences, joining
industry associations, volunteering in
church projects, among many others.

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Power Cluster

b. Self-confidence
- Entrepreneur must believe in
oneself if he or she wants others to believe
in him or her and, consequently, in the
products or services offered.

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 Job Opportunities for
Entrepreneurship as a Career
If you’re an aspiring entrepreneur, there
are different career paths you can take to turn
your dream into a reality. Which path you
choose will depend on your experience, skills,
finances, and flexibility, as well as your goals
for the future (Doyle, A., 2020).
Career opportunities you might pursue
according to Michalowicz (2011) as cited by
Edralin, D. M., 2016): 12
Entrepreneurship Career Opportunities
for the Academic Track
 Business Consultant
 Sales
 Research and development
 Not-for-profit fundraiser
 Teacher
 Talent recruiter
 Business reporter
 New venture creation
 Career in existing entrepreneurial
ventures 13
Entrepreneurship Career Opportunities
for the TECHVOC Track

 Cook/Chef
 Automotive mechanic
 Electrician
 Technical support specialist
 Tool keeper and technician
 Network support Associate
 Mechanical technician

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Fashion Designing

 Designer wear production

 Fashion marketing, planning and concept
management
 Fashion media design management
 Fashion accessory design, quality,
control, and promotion brands
 Fashion consultant and personal stylist
 Technical designer and graphic designer
 Fashion coordinator
15
Sports Track
 Health club manager
 Strength, wellness or conditioning coach
 Fitness program or event planning
manager
 Professional or amateur team manager
 Sports facility manger
 Corporate fitness director
 Rehabilitation center director
 Nutrition center manager

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 Fine Arts
 Artist
 Graphic designer
 Photographer
 Art gallery manager
 Film director

Note: Most would-be entrepreneurs, however,

remain self-employed, preferring to be the boss.

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BEST BUSINESS IDEAS IN
THE PHILIPPINES : THE
ULTIMATE LIST

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FOOD BUSINESS IDEAS
1. Rice Business (Bigasan).
2. Kakanin Business.
3. Street Food Business.
4. Water Refilling Station.
5. Bakery (Panaderya).
6. Pizza Business.
7. Food Catering Business.
8. Food Cart.
9. Canteen/Eatery Business (Carinderia).
10. Baking Business.
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FOOD BUSINESS IDEAS
11. Ice Cream Business.
12. Chicken Rotisserie (Lechon Manok) Business.
13. Lugawan/Gotohan Business.
14. Meat Processing Business.
15. Meat Shop/Meat Retailing Business.
16. Palamig/Samalamig Business.
17. Tapsilog Business.
18. Siomai Stand.
19. Healthy Meal Delivery Service/Diet Delivery
Program.
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RETAIL BUSINESS IDEAS
1. Ukay-Ukay Store/Thrift
Clothing Shop.
2. Sari-Sari Store.
3. Convenience Store/Mini-
Grocery Store.
4. Garage Sale Business.
5. Cellphone Load Retail
Business/E-Loading Station.
6. Local Produce Retailer.
7. Online Clothing Store.
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PERSONAL SERVICES
1. Car Wash Business.
2. Vulcanizing Shop.
3. Laundry Shop.
4. Auto Repair Shop.
5. Cellphone Repair Shop.
6. Shoe Repair Shop.
7. Delivery/Courier Services.
8. Tailoring/Alteration Services.
9. Dance
Instructor/Choreographer.
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RENTAL BUSINESS
1. Piso Wi-Fi.
2. PisoNet Business.
3. Videoke Machine Rental.
4. Drone Rental.
5. Formal Wear Rental.
6. Costume Rental.

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Check your Understanding:

Answer the following questions:

1.How important is entrepreneurship to

the society?
2.Do you see yourself as an entrepreneur?
Explain.
3.How can you be an entrepreneur as a
student enrolled in technical-vocational
track?
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THANK
YOU
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