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    ENTREP

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    Kathrin Magara
    Kathrin Joy A. Magara chose Joel Magsaysay as her business icon because like him, she wants to start her own business one day. Some of her short-term goals are developing a morning routine, exploring something new daily, improving communication skills, doubling productivity, and keeping a daily journal. Her long-term goals include increasing sales, acquiring a competitor, opening a new location, expanding into new opportunities, and potentially taking her business public.

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    ENTREP

    Uploaded by

    Kathrin Magara
    45 views2 pages
    Kathrin Joy A. Magara chose Joel Magsaysay as her business icon because like him, she wants to start her own business one day. Some of her short-term goals are developing a morning routine, exploring something new daily, improving communication skills, doubling productivity, and keeping a daily journal. Her long-term goals include increasing sales, acquiring a competitor, opening a new location, expanding into new opportunities, and potentially taking her business public.

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    Kathrin Joy A. Magara chose Joel Magsaysay as her business icon because like him, she wants to start her own business one day. Some of her short-term goals are developing a morning routine, exploring something new daily, improving communication skills, doubling productivity, and keeping a daily journal. Her long-term goals include increasing sales, acquiring a competitor, opening a new location, expanding into new opportunities, and potentially taking her business public.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    45 views2 pages

    ENTREP

    Uploaded by

    Kathrin Magara
    Kathrin Joy A. Magara chose Joel Magsaysay as her business icon because like him, she wants to start her own business one day. Some of her short-term goals are developing a morning routine, exploring something new daily, improving communication skills, doubling productivity, and keeping a daily journal. Her long-term goals include increasing sales, acquiring a competitor, opening a new location, expanding into new opportunities, and potentially taking her business public.

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    Magara, Kathrin Joy A.

    10/1/22
    BSA 101 Mrs. Rowena S. Garcia

    PERFORMANCE TASK #1: THE ENTREPRENEURIAL MIND

    General Instructions:
    1. Based on your research for 02 Activity 1, pick a business icon or an entrepreneur that relates most to
    your personality.
    2. List at least five (5) short-term and five (5) long-term entrepreneurial goals you wish to achieve

    Business Icon
    Describe how s/he relates to your interests, goals, aspirations, etc.

    Joel Magsaysay

    Jose Magsaysay is best known for being Mr. Potato Corner. Before he became
    a successful entrepreneur, he became a part time working student first. His
    personality relates to my personality. When I was in senior high school I also
    want to be a working student so that I can save money that I can use when I go
    to college, although I am aware of how difficult it is to be a working student I
    still want to try. I tried to apply to the BPO industry but my interview didn't go
    through because my mom didn't agree with my decision because she knew it
    would be difficult for me. Just like Joel Magsaysay, I also want to have my own
    business when the time comes and when I become successful.

    Entrepreneurial Goals

    Five (5) Short-Term Goals:


    1. Developing a morning routine - An organized morning routine will help you to get disciplined in
    how to align your work schedule with the day you face ahead. Getting up early; morning exercise, healthy
    breakfast can improve your habits to build your morning routine.
    2. Explore something new every day - Unleash your inner capabilities by trying out something
    new every day. Learn a new skill; learn about new terms and words and try to use them in your daily
    conversation. When you adapt to this habit, you will tune your brain to learn new information quickly and
    with ease
    3. Improve my communication skills – Good communication skills are essential to allow others
    and yourself to understand information more accurately and quickly.
    4. Double my productivity level - If you want to excel in your career, achieve your professional
    goal, and get things done on time, then you should double your productivity. You cannot manage all your
    work by creating a to-do list on a piece of paper, or remembering your schedule by yourself.
    5. Keep a Daily Journal – It can play a vital role in formulating and organizing those scattered
    thoughts in my mind into potentially successful ideas.
    Five (5) Long-Term Goals:
    1. Increase Sales - Good sales help you to get qualified leads and customers who bring value to
    you as well. If the company is getting good sales then the employees of the company would be happy too.
    And indeed it will make your employees work better and perform their duties in a more proper and
    organized way.
    2. Acquire a competitor - Knowing who your competitors are, and what they are offering, can help
    you to make your products, services and marketing stand out.
    3. Open a new location - To expand across the state or even to spread your business across the
    country.
    4. Expand into New Opportunities - Entrepreneurs may start a business with the plan to grow and
    expand the business into new opportunities or business industries. This long-term goal allows
    entrepreneurs to focus on making their business the biggest and best in its industry.
    5. Go Public -  This long-term goal may take several years to complete. Small businesses must usually
    have a strong history of financial performance in specific business operations and ensure future investors
    about the company’s long-term viability in the business environment. Entrepreneurs may also need to
    recruit other individuals to work in the business who have extensive experience or expertise in the
    business industry.

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