COMPETENCIES IN ENTREPRENEURSHIP enhancing business performance, and strengthening competitive
position.
AND JOB OPPORTUNITIES FOR
ENTREPRENEURSHIP AS A CAREER - Core competence guides brand reputation, business growth, and
marketing strategy.
- Entrepreneurs are described as having desirable and acquirable
attitudes and behaviors like commitment, leadership, risk-taking, - Common competence describes the knowledge, skills, and
motivation, creativity, self-reliance, and adaptability. abilities found in most or all positions.
- Competencies such as risk-seeking, assertiveness, and vision are EXAMPLES OF CORE AND COMMON COMPETENCIES
typical of successful entrepreneurs, but these are not innate. IN ENTREPRENEURSHIP
- Entrepreneurial behavior can be learned and developed.
Core Competencies:
LEVELS OF COMPETENCIES 1. Organizing and Planning
1. Personal Competencies 2. Cash Flow Management
- Abilities to ground oneself in various situations (e.g., creativity, 3. Personnel Management
determination, integrity, self-criticism). 4. Operations and Distribution
2. Interpersonal Competencies 5. Customer Relations
- Ability to lead, influence, communicate, supervise, negotiate, 6. Bookkeeping/Accounting
and control people (e.g., communication, engagement, delegation).
7. Promotions and Advertising
3. Business Competencies
8. Resources Management
- Specific abilities and knowledge that set a company apart (e.g.,
9. Financial Management
business vision, financial management, networking).
10. Information Management
Common Competencies:
CORE VS. COMMON COMPETENCIES IN
ENTREPRENEURSHIP 1. Analytical and Critical Thinking
- Entrepreneurial competencies play a key role in success by 2. Decision Making
facilitating opportunity recognition, rapid adaptation to changes,
3. Leadership TECHVOC TRACK:
4. Communication - Fine Arts: Artist, Graphic Designer, Photographer, Art Gallery
Manager, Film Director, Business Reporter
5. Computer Literacy
- Fashion Designing: Designer Wear Production, Fashion
6. Human Relations
Marketing, Fashion Media Design Management, Costume Designer,
7. Managing Change Fashion Consultant, Technical Designer, Fashion Coordinator
8. Creative Thinking - Sports: Health Club Manager, Strength Coach, Fitness Program
Manager, Team Manager, Sports Facility Manager, Corporate
9. Time Management
Fitness Director, Rehabilitation Center Director, Nutrition Center
10. Conflict Management Manager
- Other TECHVOC: Cook/Chef, Automotive Mechanic,
Electrician, Technical Support Specialist, Tool Keeper and
JOB OPPORTUNITIES FOR ENTREPRENEURSHIP AS A
Technician, Network Support Associate, Mechanical Technologist
CAREER:
REASONS TO BECOME AN ENTREPRENEUR:
Aspiring entrepreneurs have various career paths based on their
experience, skills, finances, flexibility, and future goals. Career 1. Achievement, Challenge, & Learning
opportunities include:
2. Independence & Autonomy
3. Income Security and Financial Success
ACADEMIC TRACK:
4. Recognition and Status
- Business Consultant
5. Family
- Sales
6. Dissatisfaction with Current Work Arrangements
- Research and Development
7. Community and Social Motivation
- Not-for-Profit Fundraiser
TEST YOUR SKILLS!! HERE’S A QUIZ!!
- Teacher https://form.jotform.com/250249111313443
- Talent Recruiter
