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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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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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.