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ENTREP Chapter 2 Lesson 1

This document outlines 10 key character traits of successful entrepreneurs grouped into 3 clusters: achievement, planning, and power. The achievement cluster includes being an opportunity-seeker, committed, persistent, risk-taker, and efficient. The planning cluster focuses on being a goal-setter, information-seeker, and systematic in planning and monitoring. Finally, the power cluster emphasizes being a persuasive networker and self-confident. Successful entrepreneurs display these traits which help them identify opportunities, develop strong plans, and influence others.

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Raniel Lagahid
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61 views

ENTREP Chapter 2 Lesson 1

This document outlines 10 key character traits of successful entrepreneurs grouped into 3 clusters: achievement, planning, and power. The achievement cluster includes being an opportunity-seeker, committed, persistent, risk-taker, and efficient. The planning cluster focuses on being a goal-setter, information-seeker, and systematic in planning and monitoring. Finally, the power cluster emphasizes being a persuasive networker and self-confident. Successful entrepreneurs display these traits which help them identify opportunities, develop strong plans, and influence others.

Uploaded by

Raniel Lagahid
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Character Traits

Common to Successful
Entrepreneurs

Chapter 2: Lesson 1 in Entrepreneurship


Bellwork
What character trait should
you have to succeed as a
potential entrepreneur?
Entrepreneurial
Character Traits
Based on the studies by SERDF of the
Department of Trade and Industry,
there are ten (10) entrepreneurial
characteristics grouped into three (3)
major clusters:

1. Achievement Cluster
2. Planning Cluster
3. Power Cluster
Achievement Cluster
Ask yourself, are you:

an opportunity-seeker,
Tip
An entrepreneur desires to committed, persistent, a risk-
be an achiever; does not
settle for mediocrity and taker, efficient or a quality-
aspires for quality.
“It’s all or nothing at all.”
oriented person?
Are you an opportunity-
seeker?
Are you
PERSISTENT?
Remember:
Trials, sacrifices, and
failures challenge the
entrepreneur to be
persistent.
Are you committed?
(Commitment is directly related to interest.)

Tip
Remember. A successful
entrepreneur accepts full
responsibility for what he
has promised to the
customers..
Customer’s interest is
prioritized..
RISK-
Are you a
TAKER? Tip
Always weigh the pros and
cons of a particular business
opportunity before taking
the risk.
Thoroughly evaluate all the
available courses of action
before making the final
decision.
Are you
efficient and quality- Tip
Successful entrepreneurs

oriented?
work on zero defects in their
products and services, and
produce more output using
less input, hence they are
productive.
Planning Cluster
The planning cluster is a set of characteristics of
successful entrepreneurs that basically supports the
character traits in the achievement cluster.

➔ Goal-setter
Do you have clear goals and objectives in life?

➔ Information-seeker
Will you base your decision on relevant
information?

➔ Systematic in Planning & Monitoring


Will your plan have logical basis?
Goal-setter
Goals and objectives are
the guiding points that
direct all actions, efforts,
and struggles of the
entrepreneur.
Successful
entrepreneurs seek a
strong basis to make
sound decisions. They Tip
Successful entrepreneurs

are information- makde decisions based not


on their own whims and
caprices but on specific and

seekers.
relevant economic,
financial, and industry data.
A successful
entrepreneur
does not simply set goals and objectives in any
way he or she wants. Hence, a dynamic Remember:

entrepreneur is SYSTEMATIC IN The term systematic implies


that there is a rational and
PLANNING AND MONITORING. logical approach in
performing the activities.
There are step-by-step
procedures to be followed in
planning and monitoring of
activities..
Power Cluster
a set of character traits that reflect the degree
of the interpersonal relations maintained by
successful entrepreneurs in the community.

➔ A Persuasive and Positive Networker


Do you have persuasive and convincing
power?

➔ Self-confident
Do you have trust in your own abilities?
Successful entrepreneurs are
known to have high level of
self-confidence,
persuasive, and can Tip
Successful entrepreneurs

easily influence or win discard the concept of bribery


in dealing with people rather
they influence others with
their brilliant ideas. They are

over others to their side. good communicators and have


strong trust to themselves.
Entrepreneurial
Character Traits
Based on the studies by SERDF of the
Department of Trade and Industry,
there are ten (10) entrepreneurial
characteristics grouped into three (3)
major clusters:

1. Achievement Cluster
2. Planning Cluster
3. Power Cluster
10 Entrepreneurial Characteristics
1. opportunity-seeker 6. a goal-setter 9. a persuasive and positive
networker
2. committed 7. an information-seeker
10. self-confident.
3. persistent 8. systematic in planning
and monitoring
4. a risk-taker Power Cluster
5. efficient and quality-
oriented Planning Cluster

Achievement Cluster
Thank you for
listening.
I hope you learned something today!

Presentation created by:

Ms. Justine Joy Jaca


University of Cebu
Senior High School
Faculty

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