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ENTREPRENEURSHIP

RELEVANCE OF THE COURSE and IT’S KEY


CONCEPTS OF COMMON COMPETENCIES

Prepared by: RONALD LEPRAN GENEROSO, MBA


Pre Test:

Liberating Network in Education


Pre Test:

Liberating Network in Education


Pre Test:

Liberating Network in Education


Entrepreneurship as a Career

• Entrepreneurship creates job opportunities,


innovation and improves the economy.
• Entrepreneurship field can present unique
opportunities; there is a vast and almost never-
ending list of path to choose from.
• Entrepreneurship graduates can find work or
they can start their own business venture.

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Entrepreneurship as a Career
• Activity 1: Simple Recall Fill in the table the relevance of
entrepreneurship subject in senior high school based on the
scenario given below. Write your answer on a separate sheet of
paper. (choose only 1)
QUESTIONS REASONS
1.Discuss your course of action if faced by the following circumstances and
also state the relevance of taking this course in the following scenarios:
• What will you do if you suddenly stopped college education due to some
unfortunate circumstances such as marrying early, financial problem and
etc.?
• What will you do if you have a 10 million peso savings?
• What business venture would you like to engage in given that you have
money for capital?)

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Entrepreneurship as a Career
Activity 2: Bubble Map Graphic Organizer
1. What do you think is the relevance of studying entrepreneurship subject in
senior high school? Make a bubble map graphic organizer.

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Entrepreneurship as a Career
2. List down possible job opportunities an entrepreneurship career have and
write it inside the shapes that you drawn your answer.

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Entrepreneurship as a Career

• What is entrepreneurship? Entrepreneurship is the


process of designing, launching, and running a new
business which is often initially a small business.

• What is entrepreneur? An entrepreneur is a person


who recognizes opportunities and gaps in the market.
They are people who own, operate, and take risk of
business venture.

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Entrepreneurial Job Opportunity
1. Sales Person
This refers to a person who works on sales. This person has
excellent marketing strategies to persuade customers.
2. Mid-level Management
This career converts an idea into execution.
3. Business Advisor
Entrepreneur graduates can help business investment to
identify problems and fix them. They have the training that helps
identify things that others may not pick up on.
4. Research and Development
Entrepreneur is prepared for this position. Trainings and
education acquired is an advantage of an entrepreneurship
graduate. They are able to understand business concepts,
procedures and practices.
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Entrepreneurial Job Opportunity
5. Teacher
Entrepreneurship graduate can teach core competency (math, history, literature) in
entrepreneurial side. The teacher can teach them the benefit of math in business, history to
innovation, and literature to persuasive writing.
6. Recruiter
Entrepreneurship degree holder had undergone subjects such as operations management,
leadership and people savvy therefore they are able to choose what type of person is needed to
fulfill a position.
7. Business Reporter
They can write articles. They can understand the field and concepts and can use their
knowledge to make business section much more interesting and telling.
8. Small Entrepreneurial Manager
They can manage the operation of business and apply several entrepreneurial knowledge.
9. Management Analyst
They provide analytical services to companies to coordinate projects efficiently and
effectively.
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Entrepreneurial Traits
Try looking around, you would find certain entrepreneurs doing
exceedingly well. The question is what does it take to be a
successful entrepreneur? Entrepreneurial traits or competencies
are a mixture of skills, knowledge and personality of a person.
Successful entrepreneurs have more than a few traits in common.
Common traits of successful entrepreneurs are as follows:
1. Risk Taker
• Successful entrepreneurs have a risk tolerance. They are willing to do
things that involve danger in order to achieve the goal.
2. Innovative
• Entrepreneurs think differently from anyone else. They can create
innovative products according to changing demands of the market.
3. Creativity
• An entrepreneur can develop new ideas and to discover new ways of
looking at problems and opportunities
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Entrepreneurial Traits
Common traits of successful entrepreneurs are as follows:
4. Problem Solving skills
• Successful entrepreneurs take a problem as a challenge and put in
their best in finding out the most appropriate solution for the same.
5. Self-confidence
• Entrepreneurs have confidence in themselves and in their business.
They believe in their ability and ideas even they face rejection along
their way.
6. Optimistic
• Successful entrepreneurs are always showing hope for the future.
7. Planner
• Entrepreneurs develop future course of action keeping in mind the
goals to be realized. They believe that developing realistic plan can
ensure proper execution for attaining their goals. Liberating Network in Education
Entrepreneurial Traits
Common traits of successful entrepreneurs are as follows:
8. With clear vision
• Successful Entrepreneurs have a clear vision of what their business
will be. They can create a big picture the purpose, goals and market
position of the business. They can do strategic planning.
9. Patience
• Successful entrepreneurs believed that they can change the world.
There’s an excitement and belief in what they are doing that gets
them through the hard times.
10. Resilience
• No matter how successful the business is, there will be bumps along
the road. A successful entrepreneur is resilient and can bounce back
from a setback. They understand that failure is part of the game

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Entrepreneurial Traits
Common traits of successful entrepreneurs are as follows:
11. Agility
• Entrepreneurs are able to treat every problem they encounter
and they address it without taking too long. They remain proactive
and vigilant, preventing small problems from becoming major
ones.
12. Passion
• Entrepreneurs work hard for their business, they put their long
hours doing job that they love to do. It drives them to keep
working to achieve their vision.
13. Flexibility
• They are able to adopt to change and solve problems as they
arise. They are receptive to other people’s needs, opinions, and
ideas and being open-minded to feedback from the other.
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Activity 3: Entrepreneurship Word Cloud
1. On a separate sheet of paper, define Entrepreneurship and
Entrepreneur using the words from the word cloud below

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2. Pick 3 words that describe the skills and behavior of an entrepreneur
from the pink word cloud box below.

3. From the word cloud above, pick 3 entrepreneurial career job


opportunities.

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How to interpret your scores.

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Research on the life story of the entrepreneurs assigned to your group;
identify how they started their business, their start-up capital and how
are their business from this moment.

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Thank you!

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