Group 4 Entrepreneur

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ENTREPRENEUR

Entrepreneurship
CONTENTS

01
03 04
Entrepreneur 02 Entrepreneurship
Entrepreneurship Entrepreneurship
Then and
in the
Now
Philippines
01
ENTREPRENEUR
What is
anEntrepreneur?
Entrepreneur
Josephine Schumpeter
“An entrepreneur is someone who introduces new goods or
services, implements new production methods, opens up new
markets, or finds new sources of raw materials.”

Peter Drucker
“An entrepreneur is someone who searches for change,
responds to it, and exploits opportunities.”

Howard Stevenson
“An entrepreneur is someone who pursues opportunities
without regard to resources currently controlled.”
02
ENTREPRENEURSHIP
What is
anEntrepreneurship?
 Theword "entrepreneur" is a loanword from
French.

 In
French the verb "entreprendre" means "to
undertake," with "entre" coming from the
Latin word meaning "between," and
"prendre" meaning "to take." Entrepreneur
 Entrepreneurship is the act of starting a also sounds close
business in the hope of earning a profit. to a sanskrit word
antha prerna
 Inthe early 19th century, the French economist which means self
Jean-Baptiste Say provided a broad definition motivation.
of entrepreneurship, saying that it "shifts
economic resources out of an area of
lower and into an area of higher
productivity and greater yield".
03
ENTREPRENEURSHIP
THEN AND NOW
ENTREPRENEURSHIP
THEN begin?
Where did Entrepreneurship

 17,000 BCE
 OBSIDIAN (volcanic
glass used for hunting)
 Traders exchanged for
01

goods and services


AGRICULTURAL REVOLUTION
 We use to roam the land for seasonal food

01
FISHING COOKING WEAPON MAKING

SHELTER BUIDING CLOTHING FARMING


THE INDUSTRIAL AGE
FUELED BY TWO THINGS
 Availability of workers
 Availability of energy
COAL STEAM

ELECTRICITY AUTOMOBILES
ENTREPRENEURSHIP
NOW
 Limitless Resources  Career Development
 Availability of Funds  Ethical Business
 Digital Items
01
 Banking System
 Replacing Competition  Courageous Youth
 Woman Entrepreneurs  Customer Satisfaction
“Nothing in
this world is
constant but
04
ENTREPRENEURSHIP
IN THE
PHILIPPINES
ENTREPRENEURSHIP IN THE PHILIPPINES
Entrepreneurship: An Emerging Career Path for
Filipinos

In the Philippines; 6.2% of


the adult population appear
to be established business
owners and 18.4% are
engaged in early stage
entrepreneurship.
Common Types of Entrepreneurship in the Philippines

1. Small Business Entrepreneurship

 Independently owned and


operated with limited
resources. (ex. Manang’s
Kitchen – a fast-food chain
that offers delicious
Filipino-style fried chicken).
Common Types of Entrepreneurship in the Philippines

2. Social Entrepreneurship
 focuses on solving social and
environmental issues through
innovative business solutions.
 (ex. Rags2Riches – a company
that turns scrap cloth into
fashionable bags and accessories,
providing sustainable livelihoods
to low-income artisans).
3. Technopreneurship
 involves using technology and innovation
to create and grow a business.
 (ex. PayMaya – an online payment platform
that allows users to pay bills, buy loads, and
send money.
4. Online Entrepreneurship
 it involves utilizing digital tools and
technologies to develop and market
products or services, connect with
customers, and manage business
operations. (ex. Shopee, Lazada, and Zalora
– is an online marketplaces that offer a wide
range of products to customers.
5. Franchise Entrepreneurship
 an individual operates a business using
branding, products, and systems of an
established company. (ex. Jollibee, 7-Eleven,
and Ministop).

6. Micro Entrepreneurship
 involves starting and running a small
business with a minimal amount of
capital and resources. (ex. “Balut”
Industry, Carinderias, Sari-sari
stores, and Street Food Vendors)
Enablers and Constraints
There are several constraints to the development of
entrepreneurship in the country:
 A lack of financial support and
working capital, hindering business
expansion;
 Poor information dissemination – the
inconsistent implementation of
government policies and programs
that support entrepreneurship;
 Poor provision of training aimed at
expanding and sustaining businesses.
Can you
picture the
future
without
THANKS!
Aban, Elisea Grace
Adducul, Deborah
Apno, Lovely Jane
Balino, Richmond
Calica, Lovely Mae
Fallorina, Judylou
%
Iniego, Angelica Mae
Jimenez, Michelle
Liasos, Sharmaine
Peralta, Joyce
Pineda, Ashley
Ramos, Wynne

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