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SELF LEARNING MODULE
ENTREPRENEURSHIP 11
FIRST QUARTER – WEEK 2
Entrepreneurship as a Career
Entrepreneurship 11
ENTREPRENEURSHIP 11
Quarter 1 – Module 2:
Entrepreneurship as a Career
Department of Education│R4A│Division of Calamba City
Office Address: DepEd Bldg., City Hall Compound, Brgy. Real, Calamba City
Landline: 049–554 9830 loc. 14
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Dear Parents,
The Schools Division of Calamba City is one with every Filipino family in coping with the demands of
our modern times.
The current situation we are experiencing right now has caused immediate changes in our lives. Above
anything else, our priority is your child’s health and safety, but this does not prevent us from making education
happen. Even if your child will miss regular schooling this year, we want to assure you that no student will be
left behind, because learning is possible anytime, anywhere.
Thus, we present to you this Self Learning Module (SLM) to help your child meet the most essential
learning competencies in every subject and grade level, and will serve as your child’s major learning tool,
whether your child opts for online, modular or blended learning modality. The learning activities in this SLM are
arranged to lead your child to think critically, act skillfully, and reflect deeply on each lesson and practice into
real life skills. Most importantly, this SLM promotes self-paced learning as your child can always review the
least understood lessons as often as he/she pleases.
Since the students will be seeing their teachers less than before and will be staying with you at home
more often, then we wish to request one thing from you: please encourage your child not to stop learning.
Consider your child like our hero and fellow Calambeño Jose Rizal who, despite his studies overseas, would
always recall the most significant learning experience he had – his lessons with his parents.
Thank you very much in being one with us! Together, let us envision that, by the end of this school year,
we will see your child as one responsible young person with a heart and mind for humanity, for nature, for the
country, and for God.
Dear Learner,
Welcome to a brand-new year of learning! We hope you are doing fine, although we understand that
you already miss going to school and spending fun, learning moments with your teacher in front and your
classmates just right beside you. Unfortunately, we have to wait a bit further for the situation to go back to
normal mode. But one thing is for sure—the opportunity for your learning cannot wait any longer.
By this time, you have already chosen your learning modality. Is your access to internet strong enough
for online learning mode, or does your lack of resources make you prefer modular learning? Well, you do not
have to worry as to what your case may be, because even if you cannot come to school, SDO Calamba City is
bringing the school right in your homes.
This is our gift to you: The Learning Packets that will help you meet the knowledge and skills necessary
for every subject in your grade level. Your teachers have worked hard in designing these Learning Packets,
and we guarantee that through this, everyday will be a wonderful learning experience for you.
Please take time to read and do the activities in these Self Learning Module (SLM) as if you are
reporting in school. Set a regular study schedule for you as much as possible, but keep in mind that these SLM
will enable you to learn at your own pace. If you don’t understand a particular lesson, the SLM would not mind
you flipping back the pages over and over again for review. Also, remember to keep in touch with your
teachers. Send them a message through your online sessions or write them a note as you do your modular
activities.
With this, we wish you good luck in your studies, and we hope that you will remain happy and
enthusiastic in learning!
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This module will teach the learner that having gained substantial knowledge and
understanding entrepreneurial concepts and principles does not mean it ends here. It is just the
beginning. There are character traits and competencies which are common among successful
entrepreneurs. Acquiring or developing them will equip you in your entrepreneurial journey. It is
common observation that many people engage themselves in business only to find out that they lack
entrepreneurial traits, skills and competencies that caused their ventures to fail.
The module focuses on:
● Explore job opportunities for Entrepreneurship as a career
You are expected to:
1. identify the character traits that are common among successful entrepreneurs
2. determine the skills and competencies that are relevant in the practice of
Entrepreneurship
3. experience to have an entrepreneurial mindset
Activity 1: Which Do You Have?
Guided Questions:
1. Which mindset do you want to acquire?
________________________________________________________________________________
2. Why did you choose one over the other?
________________________________________________________________________________
3. Do you believe the saying “Changing your Mindset will Change your Self”? How do you say so?
__________________________________________________________________________________________
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Pretest: Read and analyze the following:
A. Multiple Choice. Choose from the box the personal characteristic of successful entrepreneurs.
Write the capital letter of your best answer.
_______ 1. work until the job is done.
_______ 2. accountable for their actions.
_______ 3. displays full commitment to the work he/she is undertaking.
_______ 4. develop a plan of action and make decisions to help achieve that plan.
_______ 5. want to make their decisions, set their schedules and can work without supervision.
B. Write TRUE if the statement is correct, otherwise write FALSE.
_______6. A person is assured of becoming a successful entrepreneur once he/she possesses all
the character traits common to successful entrepreneurs.
_______7. All business opportunities are exploited by an opportunity-seeking entrepreneur.
_______8. A persistent entrepreneur immediately quits from the business venture after experiencing
failure.
_______9. A risk-taking entrepreneur engages in all types of risky business enterprises without
considering consequences.
_______10. A person who is efficient produces more products using more production inputs.
_______11. A quality-oriented entrepreneur produces goods that are of high quality based on his/her
perception.
_______12. Planning simply refers to the review of past performances.
_______13. Goals are broad, while objectives are specific.
_______14. As an information-seeker, an entrepreneur uses verified data in making economic
decision.
_______15. Planning and monitoring are two unrelated entrepreneurial activities.
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Activity 2: Find the Entrepreneur in You
From the word search below, find the 10 must have characteristics of a successful entrepreneur.
Everybody has their own path to success. However, there are a few common traits and
characteristics that all successful entrepreneurs have in common.
A. Entrepreneurial Character Traits
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(1) Character Trait refers to the mark or attribute that distinguishes an entrepreneur from the owner
of an ordinary small business.
(2) There are ten entrepreneurial characteristics grouped into three major clusters:
(a) Achievement Cluster contains of entrepreneurial character traits that are directly related
to the entrepreneur`s desire to be an achiever in the field of entrepreneurship such as (1) an
opportunity-seeker, (2) committed, (3) persistent, (4) a risk-taker and (5) efficient and quality-oriented.
(b) Planning Cluster is a set of characteristics of successful entrepreneurs that basically
supports the character traits in the achievement cluster such as (6) a goal-setter, (7) an
information-seeker and (8) systematic in planning and monitoring.
(c) Power Cluster refers to the relationship and image of the entrepreneur in the community
such as (9) a persuasive and positive networker and (10) self-confident.
B. Entrepreneurial Skills
(1) Skills considered as the personal abilities to do things well. They come from the totality of the
knowledge, practice or experience and aptitude of a person.
(2) Entrepreneurial skills refer to the set of cognitive, technical and interpersonal skills required in
the practice of entrepreneurship.
Cognitive Skills Technical Skills Interpersonal Skills
1. ability to understand written 1. information technology 1. skills in verbal
materials communication
2. feasibility study and business
2. ability to learn and apply new plan preparation 2. skills in non-verbal
information communication
3. technical writing skills
3. ability to solve problems 3. skills in listening
marketing
systematically
4. skills in leading
4. management and finance
4. ability to create new ideas
5. skills in negotiating
5. ability to innovate new
products and procedures or
methods
C. Core Competencies in Entrepreneurship
(1) Core competency defined as the combination of entrepreneurial concepts and principles,
entrepreneurial character traits and entrepreneurial skills that provide and become the ultimate
source of competitive advantage of the entrepreneur.
(2) Competitive advantage refers to the strategic position and condition of the entrepreneurial
venture that
(a) provides the necessary attributes to outperform competitors
(b) distinguishes the venture from competitors
(c) achieves superior performance in the industry, and
(d) produces a product or develops production methods that can hardly be copied by
competitors
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D. Entrepreneurship or Employment
It is up to the person at the end of the day on what career trail he or she will follow, considering all
compelling career factors that are important to him or her.
The table below shows a comprehensive pros and cons of entrepreneurship compare to employment.
Important Career Factors Entrepreneur Employee
(1) Income Income generated Income generated actively
passively even when the
Income usually fixed per
entrepreneur is resting
month and increases every
Opportunity on the success year depending on the
of the businesses employer and the
employee`s performance
Income only earned when
the business is successful Income earned whether the
business is successful or
unsuccessful
(2) Hiring and firing, Provides jobs; is the owner Seeks for a job; is the one
organizational set-up and of the business and applying for a job and is
major key result areas conducts the talent interviewed by the
selection company`s hiring officers
Fully responsible for Has the goal of satisfying
serving customers, making only the employer or the
the business direct supervisor
profitable/sustainable and
Fully dependent on the
providing employee
employer`s performance; is
satisfaction
at risk of losing his or her
Has the power to job if the company does not
disengage nonperforming perform well; may find it
employees applying the difficult to just leave their
due process policy of below par employer if this is
disengaging personnel their only source of income
Can venture into expansion Can only work for the
of business such as current employer
franchising and buying exclusively
other similar businesses
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(3) Daily Tasks Performs all necessary Has routine tasks and
variable tasks to establish works on regular or normal
and manage a startup hours
business, which usually
Follows policies,
takes most of the
procedures, and
entrepreneur`s time; spend
memoranda from the
more hours on work than a
employer
regular employee and
sometimes gets no sleep
Prepares policies,
procedures and
memoranda for the
business
(4) Leisure Time and Has a flexible schedule and Has a limited number of
vacations can take unlimited number vacation days imposed by
of vacation days (applicable the employer
only if the business has
stabilized already)
(5) Taxation Taxed on the net income; Taxed on the gross income;
can claim taxable income cannot use expenses
deductions for allowable incurred related to the job
expenses incurred by the such as food and
business. transportation expenses to
claim for deductions from
taxable income
(6) Comfort level at work Is comfortable in doing May be comfortable with
multiple and challenging routines and minimal risks;
tasks and takes may also be comfortable in
accountability with the risks working for the company
and profits of the business; itself
does not want to be
confined in a box; thinks
outside the box or
sometimes thinks there is
no box
Activity 3: Comprehension check!
1. Enumerate the skills and identify their sources. _________________________________________
________________________________________________________________________________
2. Describe the significance of core competency. _________________________________________
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________________________________________________________________________________
3. Discuss the skills that must be acquired and developed in the practice of entrepreneurship. ______
________________________________________________________________________________
4. Explain the concept of entrepreneurial competency and its importance in the practice of
entrepreneurship. __________________________________________________________________
________________________________________________________________________________
5. Describe the importance of knowing oneself in the field of entrepreneurship. __________________
________________________________________________________________________________
Activity 4: Think-Share
Pair up with your classmate and select a product that you will present to the class. Prepare your
presentation using available materials, media and resources. Show the importance of your product in
terms of health benefits, preservation of the environment and other related social concerns. Use a
Power point presentation if possible.
iscus
Activity 5: Have you Ever
Identify your present entrepreneurial mindset and those that you wish to acquire and develop and list
them down inside the head image.
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Activity 6: Considering you are interested to have entrepreneurial mindset, answer the
following:
1. Why possessing character traits alone is not enough and you need the required skills to practice
entrepreneurship?
________________________________________________________________________________
________________________________________________________________________________
2. Aside from the given six important career factors, give your own career factors that you must
consider when dealing to your career decisions. Why do you think you must consider this factor?
________________________________________________________________________________
________________________________________________________________________________
3. It is up to the person at the end of the day on what career trail he or she will follow, what about
you?
________________________________________________________________________________
________________________________________________________________________________
4. Having gained substantial knowledge and understanding entrepreneurial concepts and principles
does not mean it ends here. Why?
________________________________________________________________________________
________________________________________________________________________________
5. Why it is a common observation that many Filipino people bank so much on their money in opening
their own business but failed?
________________________________________________________________________________
________________________________________________________________________________
POST TEST: Choose the capital letter of your best answer.
1. Which character traits EXCEPT of an entrepreneur who belongs to the achievement cluster?
A. committed C. opportunity-seeker
B. goal-setter D. risk-taker
2. Which statement is not TRUE about efficient and quality-oriented?
A. He/ She continuously improves on his/her past performance.
B. He/ She strives to do the things better and faster with minimal cost.
C. He/ She find other ways to make sure that the desired information is complete.
D. He/ She performs the required tasks in accordance with existing standards of excellence.
3. Which character traits is NOT supporting the character traits in the planning cluster?
A. goal-setter C. self-confident
B. information-seeker D. systematic in planning and monitoring
4. Which statement is TRUE?
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A. A person who is efficient produces more products using more production input.
B. As an information-seeker, an entrepreneur uses verified data in making economic decisions.
C. A quality-oriented entrepreneur produces goods that are of high quality based on his/her
perception.
D. A persistent entrepreneur immediately quits from the business venture after experiencing failure.
5. Which interpersonal skills EXCEPT of an entrepreneur may include among others?
A. skills in listening C. skills in verbal communication
B. skills in negotiating D. skills in information technology
6. Which skills refer to the set of cognitive, technical and interpersonal skills?
A. entrepreneurial skills C. problem-solving skills
B. marketing skills D. technical writing skills
7. Which statement is not TRUE?
A. Skills are personal abilities of a person to do something well.
B. Entrepreneurs must fully concentrate on the development and enhancement of cognitive skills
only.
C. The entrepreneurial skills necessary in the practice of entrepreneurship include cognitive, technical
and interpersonal skills.
D. Harmoniously combining entrepreneurial concepts and principles, entrepreneurial character traits
and entrepreneurial skills defines the competency in entrepreneurship.
8. Which statement is not TRUE about entrepreneur?
I. Fully dependent on the employer`s performance.
II. Comfortable in doing multiple and challenging tasks.
III. Income only earned when the business is successful.
IV. Prepares policies, procedures and memoranda for the business.
A. I only C. III only
B. II only D. IV only
9. Which statement is NOT advantage of an employee?
A. He/she is usually comfortable with routines and minimal risks.
B. He/she is earned whether the business is successful or unsuccessful.
C. He/she is fully responsible for serving customers, making the business profitable/sustainable and
providing employee satisfaction.
D. He/she is taxed on the gross income. Expenses incurred related to the job such as food and
transportation expenses cannot be used to claim for deductions from taxable income.
10. Which statement is TRUE?
A. A person is assured of becoming a successful entrepreneur once he/she possesses all the
character traits common to successful entrepreneurs.
B. A highly committed entrepreneur displays full commitment to the work or endeavor that he/she is
undertaking.
C. An entrepreneur is a risk-taker that takes the risk in all instances without considering the
consequences.
D. Successful entrepreneurs sail through their journey without goals and objectives.
11. Which entrepreneurial self-test questions assess yourself as a risk taker?
I. Do you take chances?
II. Do you view failures as a challenge in your journey?
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III. Do you consider quitting or surrendering as the final recourse?
IV. Do you evaluate thoroughly the pros and cons of a endeavor before engaging in it?
A. I and II C. III and IV
B. II and III D. IV and I
12. Which principle is usually used to be guided in setting the goals and objectives as you set up a
business venture?
A. Specific, Meaningful, Achievable, Realistic and Time-bound
B. Specific, Measurable, Achievable, Realistic and Time-bound
C. Specific, Measurable, Achievable, Recoverable and Time-bound
D. Specific, Measurable, Achievable, Resourceful and Time-bound
13. Which character traits do you possess when you follow a systematic pattern of planning process
and monitoring approaches in your business venture?
A. systematic in goal setting
B. systematic in information seeking
C. systematic in planning and monitoring
D. systematic in persuasive and positive networking
14. Which entrepreneurial self-test questions is NOT assessing you as a person with high level of
self-confident?
A. Do you have a strong belief in yourself?
B. Do you have trust in your own abilities?
C. Do you have clear goals and objectives in life?
D. Do you have the necessary ability to meet the challenges of an entrepreneurial venture?
15. Which strategy is NOT supporting the core competencies of becoming a successful entrepreneur
someday?
A. Achieves superior performance in the industry.
B. Acquires, develops and sharpens entrepreneurial skills.
C. Fully understands entrepreneurial concepts and principles.
D. Equipped with character traits common among successful entrepreneurs.
The learners, in their notebook, journal or portfolio will write their personal insights about the lesson
using the prompts below.
I understand that
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
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________________________________________________________________________________
I realize that
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
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Books
Aduana, N.L(2017), Entrepreneurship in Philippine Setting for SHS, C&E Publishing, Inc.
Batisan, R. S. (2016), Entrepreneurship, DIWA Learning Systems Inc.
Websites
Sarath C.P (2018),10 Must have traits of a Successful Entrepreneurs, Retrieved from
https://medium.com/swlh/10-must-have-traits-of-a-successful-entrepreneur-d46519452b0e
Traits and characteristics of an Entrepreneur, Retrieved from
https://www.toppr.com/guides/business-management-and-entrepreneurship/introduction-to-entrepren
eurship/traits-and-characteristics-of-an-entrepreneur/
