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Entrep PPT Week 1 Lesson 1
Entrep PPT Week 1 Lesson 1
ENTREPRENEURSHIP
AND EXPLORE JOB
OPPORTUNITIES
AS A CAREER
Lesson 1 in Entrepreneurship Subject
Objectives
#1
Discuss the
relevance of the
course
#2
Explore job
opportunities for
Entrepreneurship as a
career
MOTIVATION
What comes to your mind when you hear entrepreneurship?
“If an opportunity doesn’t knock, build a
door.”
— MILTON BERLE
INTRODUCTIO
N
This lesson deals with sufficient
knowledge of entrepreneurial
principles equips you with the
necessary skills
Ordinary Small
Small Business Business
A small business is different from an ordinary small business. An ordinary small business pertains to a business
Small business refers to a business enterprise that correctly enterprise managed and operated by an owner who
adopts and practices the principles of entrepreneurship. It is is not an advocate of and does not practices the
owned by one person with a limited workforce of not more concepts and principles of entrepreneurship .
than 20 persons.
Areas of Responsibilities Entrepreneurship Ordinary Small Business
An entrepreneur starts a business based on concepts, An owner of ordinary small business opens a business
Motive in opening a principles and aspiration to become successful. with primary goal of making it his/her source of
Always aim for creativity and innovation. livelihood.
business
He/she consider risk inherent in the business venture, He / She believes that the business rick is a deterrent to
Perception of risks in the prepare the business for it, and find ways to minimize the operation of the business and must be avoided.
business its effects.
The entrepreneurs reacts positively to the changes in He / She remains passive and static to the changes in
Reactions to changes in the environment and considers changes as creative the environment and believes that change in the
the environment mechanism for development and growth. environment is a source of negative consequences.
The presence of competition is a sign of a healthy An owner of ordinary small business views
View on competition economic environment. competition as an unhealthy element in the business
and tries to avoid it.
He/she usually outlines his/her venture in terms of He/she relies upon chance or luck in maintaining the
Vision for development short-term, medium term ,and long terms plans for status quo of his/her business and not so much concern
and growth action. about its development and growth.
He/she explores ways to generate the much Tends to limit the funding of his/her business
Sources of business funds needed funds both internal and external sources. enterprise to personal resources.
MOTIVATION
Do you imagine yourself becoming an
entrepreneur and managing your own
business in the future? If yes, Why? If no,
Why not?
Explore job
opportunities for
Entrepreneurship as a
career
The field of entrepreneurship
presents unique opportunities,
each with its individual
challenges and benefits. A
career in entrepreneurship can
be made in virtually any field,
depending on your interests.
Entrepreneurship Career
Outlook
The following table highlights four typical careers for
entrepreneur majors and the salary potentials for each.
Median Annual Salary for Entrepreneurship Careers
Chief Executive
$101,440 $112,020 $131,890 $160,070
Officer
Do you like…
Do you like…
and practices
FUNDRAIS
ER
• someone who raises money for a specific
purpose and meant not to make profit but
instead for maintaining the organization
or toward the purpose for which it was
created and understands the importance
of business and networking relationships.
Do you like…
• Organizing events
• Building networking relationships
• Raising money for a cause
TEACH
•ER
someone to inspire students how to
increase their entrepreneurial intention
through acquiring the attitude towards
entrepreneurship
Do you like…