Developing Entrep Mindset for Tapaz_Nov 2015

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“Developing

an
Entrepreneuri
al Mindset”

By
Mark Glenn F. Villamor
CapSU – Main Campus
December 5, 2016 1
This is a
fast pace world!

2
Workshop Outline
• What is Entrepreneurship?
• What is Entrepreneurial Mindset?
• Filipino Values Un/Favorable to Entrepreneurship
• Entrepreneurial Competencies
• Idea Generation, Opportunity Identification &
Selection
• Components of a Business Plan

3
What is Entrepreneurship?
Entrepreneurship is a process
of creating something different
with value by devoting the
necessary time and effort, and
assuming the risks, and the
rewards.

4
Ngaman kinahanglan naton ini?
• Promotes self-help and employment
• Provides taxes to the economy
• Improves quality of life

ACISB OCT 2010 5


What is Entrepreneurial Mindset?
• A set of thinking processes that triggers the
individuals to act or to behave
entrepreneurially.
– Sometimes it is called entrepreneurial talent or
mentality
– This mindset, talent or mentality can be changed
and modified over time

6
Mindset and Behavior

BEHAVIOR MINDSET
(Explicit) (Tacit)

APTITUDE
(Implicit)

7
Activity #1: My Personal Flag
• Fold the coupon bond
lengthwise into 3 equal parts.
• Then, fold it crosswise in the middle.
• You have 15 minutes to work on your flag.
Akon mga
Akon mga
maayo nga
abilidad Paano ko nakita
pamatasan
ang akon
kaugalingon 5
Akon mga ka tuig halin
Akon mga
malain nga subong?
kahinaan
pamatasan 8
Ugaling Pilipino na Pabor sa Entrep
• Pakikipagkapwa
• Lakas ng Loob
• Katapatan
• Mapagmalasakit
• Sipag
• Katipiran
• Pagtitimpi
• Matibay na Pagkabuklod-buklod ng Pamilya
9
Ugaling Pilipino na Di Pabor sa
Entrep
• Batang malikot/makulit/atribida
• Kapalaran
• Amor propio (ma-pride)
• Bahala na
• Mag-ingat sa pamilya
• Colonial Mentality
• Crab Mentality

10
Activity #2: Entrepreneurial
Characteristics Test
• Rate yourself honestly.
• 1 is the lowest score while 10 is the highest.
• You have 8 minutes.
• At least 2 participants will be asked to choose
one characteristic and illustrate how they
have demonstrated this in the recent past.

11
How to Generate Ideas
• Scan the environment.
> Micro
> Macro
• Look at people’s skills.
• Look at available business assistance
programs.

12
Activity #4: SOLVE IT!
Tune into the world around you and question
everything. How could things be better? Listen
to the complaints of your friends and family.
What difficulties do they/you encounter in
daily life? Identify problems, and start
throwing out solutions. Identify at least 3 sets
of p/s. You have 5 minutes. I will need one
volunteer later.
13
The Screening Process
• Personal-level Screening
• Resource Analysis (S/W)
• Environmental Analysis (O/T)
• Personal Values Analysis

14
ACISB OCT 2010 15
16
Components of a Business Plan
• Marketing – product, place, promotion and
price
• Production – materials and equipment
needed, processes and labor needed
• Management – organizational chart with
qualifications and functions
• Finance – financial statements and sources of
capital

17
Sources of Capital
• Personal Savings
• Family and Friends
• Banks
• Government agencies (DOLE, DTI, DOST)
• Angel investors

18
Which one is the ideal dream car?

19
Your preferred lifestyle?

20
ACISB OCT 2010 21
Socorro Ramos of theChairman of
National Bookstore
PCCW HK

22
John Gokongwei of JG Summit, etc.
Kilala niyo siya? Familiar ang itsura?

ACISB OCT 2010 23


Thank
you
24

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