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Entrep-2 3

Here are some key points about how connections, market awareness, and entrepreneurial readiness contributed to the success of the Filipino entrepreneur you researched: - [Connections] Discuss how the entrepreneur leveraged their network and relationships to gain customers, investors, suppliers, etc. Connections help entrepreneurs access resources and opportunities. - [Market awareness] Explain how the entrepreneur demonstrated an understanding of customer needs and market trends. Their awareness of the market environment helped them identify opportunities and develop successful products/services. - [Entrepreneurial readiness] Provide examples that show the entrepreneur's willingness to take risks, learn from failures/challenges, and dedication to seeing ideas through to execution. Their mindset and skills prepared them to

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0% found this document useful (0 votes)
88 views22 pages

Entrep-2 3

Here are some key points about how connections, market awareness, and entrepreneurial readiness contributed to the success of the Filipino entrepreneur you researched: - [Connections] Discuss how the entrepreneur leveraged their network and relationships to gain customers, investors, suppliers, etc. Connections help entrepreneurs access resources and opportunities. - [Market awareness] Explain how the entrepreneur demonstrated an understanding of customer needs and market trends. Their awareness of the market environment helped them identify opportunities and develop successful products/services. - [Entrepreneurial readiness] Provide examples that show the entrepreneur's willingness to take risks, learn from failures/challenges, and dedication to seeing ideas through to execution. Their mindset and skills prepared them to

Uploaded by

Julie Cabusao
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© © All Rights Reserved
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ENTREPRENEURSHIP

WHAT KIND OF EDUCATION DO I KNOW?


Several colleges offer traditional on- campus and online
degrees in entrepreneurship including Bachelor’s, Master’s,
and Doctoral degrees. Students can specialize in an area
such as industrial management, establishing new ventures
and arranging finance, international business management,
strategy development. Marketing venture capital, mergers
and acquisitions and technological innovation. The core
curriculum includes subjects such as microeconomics,
entrepreneurship theory, economics of technological change
and organizational theory.
WHAT ARE THE DIFFERENT CAREERS IN ENTREPRENEURSHIP?

The field of entrepreneurship presents unique opportunities,


each with its individual challenges and benefits. A career
entrepreneurship can be made in virtually any field, depending
on your interests. Entrepreneurship graduates can find work as
commercial bankers, franchise operators, research and
development executives and business consultants. Most
entrepreneurs, however, remain self-employed, preferring to be
their own bosses. Over the recent years, opportunities have also
been growing in IT and engineering, presenting a varied set of
growing prospects to entrepreneurship majors.
HOW LONG DOES IT TAKE TO START A CAREER IN ENTREPRENEURSHIP?

The amount of time it takes to make it as an


entrepreneur depends on the field you choose to
venture into. Since entrepreneurs can exist in any
sector of the economy, there is a vast and almost
never-ending list of paths to choose from.
Therefore, you cannot define a single timeframe for
careers in entrepreneurship.
WHAT ARE THE REQUIREMENTS FOR A CAREER IN ENTREPRENEURSHIP?

The first thing you need to do is find the


right business idea and get education
according to it. You will then need to make
a business plan and define your target
market. Once you have established these,
you should start networking and selling
your idea into your targeted market.
HOW MUCH CAN I MAKE WITH A CAREER IN
ENTREPRENEURSHIP?

The salary figures for entrepreneurs


vary according to the field they venture
into and how well their idea sells in the
market. If your idea is unique and
useful, you might end up making a lot
of money.
Proper Career Titles in 21st
Century Enterprise

1. CHIEF EXECUTIVE OFFICER (CEO) - is the highest-


ranking executive in a company, whose primary
responsibilities include making major corporate decisions,
managing the overall operations and resources of a
company, acting as the main point of communication
between the board of directors (the board) and corporate
operations and being the public face of the company.
2. CHIEF OPERATING OFFICER (COO)

is a senior executive tasked with overseeing the


day-to-day administrative and operational functions
of a business. The COO typically reports directly to
the chief executive officer (CEO) and is second in
the chain of command. In some corporations, the
COO is known by other terms, such as "executive
vice president of operations," "chief operations
officer," or "operations director."
3. ADVERTISING SALES AGENT

sells advertising space to businesses and


individuals. They will contact potential clients,
make sales presentations, maintain client
accounts, and often work under pressure to
meet sales quotas.
4. PROJECT MANAGER

is the person responsible for leading a


project from its inception to execution.
This includes planning, execution and
managing the people, resources, and
scope of the project.
5. OPERATIONS MANAGER

is key part of a management team and oversees high-


level HR duties, such as attracting talent and setting
training standards and hiring procedures. They also
analyze and improve organizational processes, and
work to improve quality, productivity, and efficiency.
6. MARKETING STRATEGIST

analyzes data to determine the best way


to allocate resources to grow revenue and
profits; someone who is responsible for
the implementation of marketing
strategies.
A.Business Consultant, or Business Adviser
JOB OPPORTUNITIES FOR ENTREPRENUERS
=provides expert advice, analysis, and solutions.
=they enable new and existing businesses to develop and expand
=their duties include developing business plans, advising on
financial matters and identifying areas for growth within a
company.
=people who can go to a client site, identify the problems, and fix
them.
B. Sales Manager
=someone who manage accounts and follow-up on lack of
a company.
= the one leading the team. =the person that conducts
the company's revenue engine.
=hire and motivate high-performing sales teams, and lead
them to generate leads, hit or exceed revenue forecasts,
and ultimately meet customer needs.
C. Research and Development Director
=someone who understands business concepts,
systems, procedures, and practices.
= is responsible for directing and overseeing all
discovery and development projects.
=S/he also plays a role in mentoring and
developing R&D staff, in resource allocation and
R&D decision making.
D. Fundraiser
=someone who raises money for a specific purpose
=motivate and facilitate supporters to maximize the funds
they raise.
=inspire new supporters to raise money, while maintaining
and developing relationships with existing supporters
=organize traditional activities, such as sponsored outdoor
events and house-to-house collections of donated goods
and money.
E. Teacher
= is a person who provides education for pupils and
students. The role of teacher is often formal and ongoing,
carried out at a school or other place of formal education.
=Teachers may use a lesson plan to facilitate student
learning, providing a course of study which is called the
curriculum.
= someone who inspire students how to increase their
entrepreneurial intention.
F. Talent Recruiter
=someone whose job is on recruiting people to an organization.
= are one of the most important positions in every Talent Acquisition
team.
= are responsible for finding, attracting, and hiring new employees
to fill open positions and meet company's workforce needs and
goals.
= They are generally responsible for the full life cycle of the
recruiting process. =This entails sourcing and screening candidates,
coordinating the interview process, and facilitating offers and
employment negotiations, all while ensuring candidates have a
pleasant experience.
G. Business Reporter
=someone who can write articles about business
matters.
= gather and analyze facts with regards to events that
are newsworthy.
=They collect information through investigation,
research, observation, or interview. Generally, they
write and report stories for news magazines,
television, newspaper, or radio.
H. Business Creators
=are entrepreneurial people whose
primary role is in creating new business
via creating new startups or scaling
growing companies, having significant
and direct stake in the actual business
success.
Entrepreneurial Research Activity
Direction: Choose a successful Filipino
entrepreneur. Search for his/her profile on the
Internet or you can use any learning materials for
your research. Based on the write-up about
him/her, cite examples on how the role of
connections, market awareness, and
entrepreneurial readiness contributed in his
ability to seize business opportunities.

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