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Tle 9 Lesson 1

This document discusses personal entrepreneurial competencies. It identifies behaviors common among successful entrepreneurs, which are grouped into three clusters: achievement, planning, and power. The achievement cluster includes opportunity seeking, persistence, commitment to work, risk-taking, and demand for efficiency and quality. The planning cluster involves goal setting, information seeking, and systematic planning and monitoring. The power cluster comprises persuasion and networking as well as self-confidence.

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Sheldon Ocol
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154 views14 pages

Tle 9 Lesson 1

This document discusses personal entrepreneurial competencies. It identifies behaviors common among successful entrepreneurs, which are grouped into three clusters: achievement, planning, and power. The achievement cluster includes opportunity seeking, persistence, commitment to work, risk-taking, and demand for efficiency and quality. The planning cluster involves goal setting, information seeking, and systematic planning and monitoring. The power cluster comprises persuasion and networking as well as self-confidence.

Uploaded by

Sheldon Ocol
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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ASSESS PERSONAL

ENTREPRENEURIAL
COMPETENCIES
Entrepreneur
• Someone who creates a new business in the face
of risk and uncertainty for the purpose of
achieving profit and growth by identifying
significant opportunities and assembling the
necessary resources to capitalize on them.
-Zimmer
Personal Entrepreneurial
Competencies
• There were identified behaviors found common
to most successful entrepreneurs or “the
entrepreneurial personality”.
Achievement Cluster

1. Opportunity seeking – Entrepreneurs have a


good eye for spotting business opportunities and
acts on these opportunities appropriately.
2. Persistence - Entrepreneurs do not easily give
up in the face of obstacles. They will take repeated
or different actions to overcome the hurdles of
business. This includes making a personal sacrifice
or extraordinary effort to complete a job.
3. Commitment to work contract -
Entrepreneur do their best to satisfy customers and
to deliver what is promised. They accept full
responsibility for problems when completing a job
for customers
4. Risk-taking - Entrepreneur are known for
taking calculated risks and doing tasks that are
moderately challenging.
5. Demand for efficiency and quality -
Entrepreneur see to it that the business meets or
exceeds existing standards of excellence and exerts
efforts to improve past performance and do things
better. They set high but realistic standards.
Planning Cluster

1. Goal setting - Entrepreneur knows how to set


specific, measurable, attainable, realistic, and time-
bound (SMART) goals. It is easy for them to
divide large goals into short-term goals.
2. Information seeking - Entrepreneur update
themselves with new information about her
customers, the market, suppliers, and competitors.
This is rooted to their innate sense of curiosity.
3. Systematic planning and monitoring -
Entrepreneurs develop and use logical, step-by-
step plans to reach their goals. They monitor
progress towards goals and to alter strategies when
necessary.
Power Cluster
4. Persuasion and networking - Entrepreneurs
know how to use the right strategies to influence or
persuade other people. They have naturally
established a network of people who they can turn
to in order to achieve their objectives.
5. Self-confidence - Entrepreneurs have a strong
belief in themselves and their own abilities. They
have self-awareness and belief in their own ability
to complete a difficult task or meet a challenge.
THANK YOU

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