Scribd Logo
Upload

Welcome to Scribd!

  • 2 views

    (ENTREP 2425) L1 - Into To Entrep

    Uploaded by

    Kristelle Mae Tolentino

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    (ENTREP 2425) L1 - Into To Entrep

    Uploaded by

    Kristelle Mae Tolentino
    2 views20 pages

    Original Title

    [ENTREP 2425] L1 - Into to Entrep

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    2 views20 pages

    (ENTREP 2425) L1 - Into To Entrep

    Uploaded by

    Kristelle Mae Tolentino

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 20

    Getting to know

    you
    Introduce yourself using the
    following format:

    ● Name + Nickname

    ● “If I have to sell one thing, it


    would be…” (why?)

    Be as specific as you
    can
    Entrepreneurship
    Term 1
    AY 2024-2025
    Introduction to
    Entrepreneurship
    • Discuss the relevance of the course.

    • Explanation of key entrepreneurial


    competencies;

    • Explanation of core competencies


    (risk-taking, confidence, knowledge
    of the product, etc.) relative to the
    course
    “Entrepreneurship is
    ___”
    1 Introduction to entrepreneurship

    2 Characteristics of an entrepreneur

    3 Why small businesses fail

    4 Opportunity-seeking methods

    5 Sound business idea

    6 Validating business ideas


    Entrepreneurship refers to
    the economic activity of a
    person who starts, manages,
    and assumes the risk of a
    business enterprise.
    An Entrepreneur is a
    person who creates
    and organizes a new
    business.
    An Entrepreneur

    Identifies Considers Proceeds Assumes


    an offering a to the risk of
    economic business assemble either
    need solution the succeedin
    resources g or
    required failing
    CHARACTERISTICS OF AN
    ENTREPRENEUR
    Perseverance Challenges such as day-to-day decisions, problem solving

    Innovative Thinking Creation of competitive edge for product or service

    Self-confidence Trust themselves to see things through

    Action-oriented Act fast and be excellent in execution

    Communication and
    Work with producers, suppliers, distributors, employees, customers
    working with people

    Special knowledge about


    Passion with knowledge and skill for whatever product or service being
    the potential business
    offered
    venture
    What are the reasons
    small businesses fail?
    Put your answers in the chat box or share it in class
    Small Business Failures
    Lack of experience Lack of controls

    Insufficient funding Lack of commitment

    Growing too fast Lack of expertise

    Ethical failure
    Methods of generating
    business
    Unanticipatedideas
    means

    Work Hobbies People Chance


    event
    Methods of generating
    business ideas
    Deliberate Search

    Idea Prompting Search


    questions
    Someone else’s idea How can this product be made better?
    Customer request Why will people choose my product?
    Solving a problem or addressing need Can I get the product to them faster?
    Time for
    Question
    s!
    Who determines
    whether the
    goods/services are
    valuable?
    Is profit a good
    measure to determine
    the success of an
    entrepreneurial
    venture? Why or why
    not?
    How do we
    differentiate an
    entrepreneur from
    a businessman?
    Quiz #1
    Introduction to
    entrepreneurship

    Review your materials


    and notes for the
    following evaluate
    activity

    You might also like