TLE 5 (Entrepreneurship) , Lesson 4 (Part 2)

To be submitted on or before Dec. 11 (Friday), 2020

ABSTRACTION

In the previous lessons, we learned about entrepreneurial roles and the character traits
and attitudes that set the entrepreneurial personality. Now we move on to find out what
sets of circumstances bring about or hinder the development of an entrepreneurial
person from the time he was born. Where do entrepreneurs come from? Are
entrepreneurs born or made?
We shall trace the origin of entrepreneurs in terms of their life experiences
and the culture where they belong. We shall look into cultural experiences and find out
which ones are helpful, and which ones are not in preparing to meet the challenges of
an entrepreneurial career. By so doing, we hope to encourage you to develop certain
attitudes
and values that help generate entrepreneurial qualities. Whether you decide to be an
entrepreneur or not, you can benefit from developing entrepreneurial qualities in
yourself to help you be the best of whatever you choose to become.

Early Life Experiences

Are entrepreneurs born or made? In other words, are entrepreneurial
qualities already present in the child when he is born perhaps as inherited
characteristics from his parents, or are these qualities developed through life? What
sort of home atmosphere did they grow up?
Nowadays, however, there is enough evidence to show that
entrepreneurial qualities can be developed early in life as a result of the following:
1. Earl life training in independence, self-reliance, decision making and
hard work.
-such as crossing the street on their own, choosing own friends,
not rewarded if lazy, reward if diligent, and the like

2. Early training in business

-exposure to parents who are in business or in related occupations

3. Early training in a craft or trade

-early mastery training in craftmanship to children, such carpentry,
auto mechanics and radio electronics

Cultural Values

The emergence of entrepreneurs is also related to cultural values, or those ideals held
by a community as standards for social or interpersonal behavior. Values are upheld
because they are viewed to be conducive or necessary to the welfare of everyone in
the group. People who have studied entrepreneurial origins found that entrepreneurs
generally come from cultures with specific views on the following:
 1. Competition
- It is believed that good, honest competition is healthy
rather than leading to an unfair monopoly of the market
by single entities or individuals.
2. Time orientation
- Entrepreneurs are future- oriented, hence time is
important and values future rewards.

3. Views on trading
- Many successful; businessmen started as vendors or
traders. A culture that desires to develop more
entrepreneurs must reward people who try to earn
money from humble ventures.

4. Conferment of ranks
- A culture that promotes entrepreneurship is one that
confers social ranks in terms of actual achievements
rather than circumstances of birth. In the Phils., one who
gets rich by honest work is respected even if he was
born from a poor family.
5. Work ethics
- The culture must look at work as a duty, and it must
value honest and productive labor.

6. Views on money
- People who appreciates the value of money will find it
wasteful to spend too much on beautiful but not
necessarily durable products. They go for utility and
practicality. This attitude further encourages
inventiveness or innovation because entrepreneurs will
try to look for ways to manufacture a given product at
lesser cost, or by using other types of materials, process
or equipment.

Filipino Values Favorable to Entrepreneurship

1. Pakikipagkapwa
2. Bahala na
3. Pakikipagsapalaran
4. Gaya-gaya
5. Close family ties
6. Utang na loob, hiya, awa, bayanihan
7. Kasipagan
8. Pagtitipid
9. Pagtitiis
10. Pagtitimpi
11. Katapatan
Filipino Values Deterrent (or Unfavorable) to Entrepreneurship

1. Traditional child rearing

-Many parents insist on the traditional, authoritarian way of
bringing up
children. The little ones are discouraged from taking initiatives, exploring
their surroundings and asking questions. It kills the independent spirit which is
the
first hallmark of a successful entrepreneur.

2. Belief in the existence of all powerful forces that control all destinies
-Many Filipinos believe that one does not have to
work for something that is not destined for him.

3. Amor propio
-As we succeed, we feel good and take full credit for it. But as we
fail, we tend to point the responsibility on another. To own our failures is to
bring shame or hiya to ourselves and family. This tendency to pass the buck is
not a trait of entrepreneurs. Failure keeps the entrepreneur review the reason
why they failed so that they can perform better next time around.

4. Bahala na Attitude
-Many Filipinos waste much of their energies and time on plans
and projects which they undertook mostly on the basis of bahala na rather than
on an intelligent analysis and planning of their resources. Therefore, it has both
positive and negative effects on entrepreneurship

5. Family and kins

-Has both positive and negative effects on
entrepreneurship. Negative because family members
and friends expect to be treated differently asking for
discounts, employment, unlimited credit, etc. which
may harm the business. It is difficult to deny or fail
them. Instead of being objective in our decisions, we
become too personal and subjective, which is part of
our culture.

6. Colonial Mentality
-This suggest that we tend to believe that anything imported is
necessarily better. Thus, we blindly copy foreign
technology, products, design, fashion, etc. This
mental attitude has negative effects because we
loose one valuable trait of an entrepreneur which is
creativity, not to mention inventiveness.
APPLICATION

INSTRUCTION: Identify the Positive and Negative traits or circumstances that led to the
success of Mrs. Liwayway

A Case Study of Liwayway Ballon: The Embroidered Garments Manufacturer

At 44 yeays old, Mrs. Liwayway Ballon owns and manages a small but profitable garments
factory specializing in embroidered products. The major source of the family’s income, the factory
also provides employment to 25 employees. Aling Liwayway, as fondly called, sells her products all
over Metro Manila and has begun to reach markets in Hawaii, Singapore and the Fiji Islands.
Not bad for a sixth grader who, as a young girl, was orphaned by her father. Aling Liwayway’s
poor and humble beginnings in Sta. Rosa, Nueva Ecija have probably motivated her to be self-reliant
and success-oriented.

The Early Years

Aling Liwayway, the second child in a family of four, grew up in a small farm in Nueva Ecija.
The family led a simple life. Her father was once lumberman working in población. While her mother
was a farmhand who occasionaly buys and sells live fowls to augment the family income.
When her father died in 1948 due to illness, there were no savings left to assure the
children‘s education, much less three squares meals a day. The young Liwayway had to work in order
to finish sixth grade and to help her mother raise the family.
At an early age , Aling Liwayway learned and enjoyed the “art” of selling. Anything she can
lay her hands on, she sold to her classmates, relatives and neighbors. After school hours, she
gathered camote sprouts, tamarind leaves, tomatoes, garlis and bananas in order to sell the following
morning before attending classes. With a little profit she earns by selling was spent in buying fish to
be later re-sold to neighbors. She even worked in a cafeteria just so she can earn her daily allowance,
a free lunch and a few extra centavos for her mother.
Upon reaching her teens, her aunt, who owns and manages a dress and embroidery shop
in Bulacan took her as an apprentice. She learned all the rudiments of sewing and embroidery. Later
in life she herself ventured to open a backyard dresshop.

Positive
1. _______________________________________________________
2. ________________________________________________________
3. ________________________________________________________
4. ________________________________________________________

Negative
1. ________________________________________________________
2. ________________________________________________________
3. ________________________________________________________
4. ________________________________________________________
REFLECTION

Instruction: Share at least two (2) of the experiences you encountered whether as
a mobile seller at an early age or in your very own store or anything related to
selling:

1. ______________________________________________________________________

______________________________________________________________________

______________________________________________________________________

2. _____________________________________________________________________

______________________________________________________________________

_______________________________________________________________________

TLE 5 (Entrepreneurship), Lesson 4 (Part 2)

To be submitted on or before Dec. 11 (Friday), 2020