INTRODUCTION
TO
ENTREPRENEURS
HIP
At the end of the lesson,
the students are expected
to:
1. discuss the relevance of the course;
2. explain the key concepts of common
competencies;
3. explain the core competencies in
Entrepreneurship;
4. explore job opportunities for
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CONCEPT OF
ENTREPRENEURSHIP
The word “entrepreneur” was
derived from the French verb
enterprendre, which means “to
undertake.” This is pinpointing to
those who “undertake” the risk of
enterprise. The enterprise is
created by an entrepreneur and
the process is called
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CONCEPT OF
ENTREPRENEURSHIP
Entrepreneurs are
innovators, willing to
take risks and generate
new ideas to make it
unique and profitable
solutions to the present-
FACTORS AFFECTING
ENTREPRENEURSHIP
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PERSONALITY
FACTORS
a. Initiative - which means doing
things even before being told.
b. Proactive -which means he can
classify opportunities and seize it.
c. Problem Solver - which means
he can retain good relations with
other people
d. Perseverance - meaning he will
pursue things to get done
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PERSONALITY
FACTORS
e. Persuasion - means that he can
entice people to buy even if they
don’t.
f. A Planner - meaning he makes
plan before doing things and do
not fail to monitor it.
g. Risk-taker - which means that he
is willing to gamble but he will
calculate it first.
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ENVIRONMENTAL
FACTORS
which include political, climate,
legal system, economic and social
conditions and market situations
COMMON
COMPETENCIES IN
ENTREPRENEURSHIP
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• Decisive - an entrepreneur must
be firm in making decisions.
• Communicator - an
entrepreneur must have a
convincing power.
• Leader - an entrepreneur must
have the charisma to be obeyed
by his employees.
• Opportunity seeker - an
entrepreneur must have the
ability to be the first to see
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• Proactive - controlling a
situation by making things to
happen or by preparing for
possible future problems.
• Risk Taker - they have the
courage to pursue their
business ideas.
• Innovative - the
entrepreneurs have big
business ideas and they do
not stop improving and
RELEVANCE OF
ENTREPRENEURSHIP TO
AN ORGANIZATION
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1. Development of Managerial
capabilities - this means that one
of the benefits an entrepreneur
gets is to develop his managerial
skills.
2. Creation of Organizations -
which means that because of
entrepreneurships many
organizations will exist.
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1. Improving standard of living -
this means that entrepreneurship
can lift up the economic status of
an individual.
2. Means of economic
development - this means that
not only the life of the
entrepreneur is improved but also
the society where the business is
located
CORE
COMPETENCIES IN
ENTREPRENEURSHIP
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1. Economic and dynamic activity -
Entrepreneurship is an economic
activity because it involves the
creation and operation of an
enterprise with a view to creating
value or wealth by ensuring optimum
utilization of limited resources.
2. Innovative - Entrepreneurs
constantly look for new ideas, thus he
needs to be creative.
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3. Profit Potential - The entrepreneur
can be compensated by his profit
coming from the operation.
4. Risk bearing – The entrepreneur
needs to gamble but wise enough to
offset the risk
TYPES OF
ENTREPRENEURS
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TYPES OF ENTREPRENEURS
Innovative Imitating Fabian Drone Social
entreprene entreprene entreprene entreprene entreprene
urs urs urs urs urs
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1. Innovative entrepreneur - They
are those who always make new
things by thinking of new ideas. They
have the ability to think newer, better
and more economical ideas.
2. Imitating entrepreneurs - They are
those who don’t create new things
but only follow the ideas of other
entrepreneurs.
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3. Fabian entrepreneurs - They are
skeptical about changes to be made
in the organization. They don’t
initiate but follow only after they are
satisfied.
4. Drone entrepreneur - They are
those who lives on the labor of
others. They are die-hard
conservatives even ready to suffer
the loss of business.
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5. Social entrepreneurs - They are
those who initiate changes and drive
social innovation and transformation
in the various fields such as
education, health, human rights,
environment and enterprise
development
CAREER
OPPORTUNITIES IN
ENTREPRENEURSHIP
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1. Business Consultant - with the
expertise of in the field of
entrepreneurship, he can be a very
good source of advices to other
entrepreneurs and would be business
man.
2. Teacher - a graduate of an
entrepreneurship can use his
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3. Researcher - the entrepreneur can
be employed as researcher by an
enterprise.
4. Sales - the entrepreneurship
graduate can apply as salesman.
5. Business Reporter - the
entrepreneur being expert in the
field, he can be employed as
business reporter.
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CHOOSE THE LETTER OF THE
CORRECT ANSWER
1. The entrepreneurs who create new
ideas are called?
a. Innovative b. Imitating c. Fabian d.
Drone
2. The entrepreneur who lives on the
labor of others is called?
a. Drone b. Fabian c. Imitating d.
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3. These are entrepreneurs who are to follow the path
shown by innovative entrepreneur.
a. Innovative b. Imitating c. Social Entrepreneurs d.
Fabian
4. Which of the following is NOT a function of
an entrepreneur?
a. Skills management b. Risk taking c. Conduct
research d. Make no changes with his product
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5. Entrepreneur means:
a. Risk taker b. To undertake c. To
research d. To improve standard of
living
6. It is a personality factor which
means “doing things even before
being told.”
a. proactive b. perseverance c.
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7. It is a personality factor which
means convincing customers to buy
the product.
a. Proactive b. Persuasion c. Self-
confidence
d. Risk-taker
8. Which of the choices is NOT part of
the environmental factors?
b. Political b. Weather condition c.
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9. All except one does NOT belong to the
group?
a. Unfair trade practices b. Strikes c.
Political protest d. Product
10.The entrepreneur who is skeptical
about the changes in the company is
called?
a. Fabian b. Social entrepreneur c.
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9. All except one does NOT
belong to the group? a. Unfair
trade practices b. Strikes c.
Political protest d. Product
10.The entrepreneur who is
skeptical about the changes in
the company is called? a. Fabian
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11. Which is NOT a career for an
entrepreneur? a. Business
consultant b. Sales c. Research
and Development
d. Domestic Helper
12. They are entrepreneurs who
drive social innovation and
transformation in various fields.
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13. Which of the statements below is true?
a. Entrepreneur has limited career
opportunities.
b. Entrepreneurs are prone to constant
high income.
c. Entrepreneurs are contributor to the
development of the society.
d. Entrepreneurs are the reasons for
unemployment problem.
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14. Which of the statement is
NOT true?
a. An entrepreneur will patiently
wait for his efforts to bear fruit.
b. The profit of the entrepreneur
is immediate.
c. All entrepreneurs are
successful
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15. Which of the following is NOT
true?
a. Entrepreneurship create
organizations
b. Improves the life of the
entrepreneur alone
c. Entrepreneurs improves the
economy d.
d. None of the choices
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Instruction: Read the statements carefully then
write True if the statement is correct & write False
if you think the answer is not correct.
____________1. Entrepreneur means “to
undertake.” ____________2. Entrepreneurship is a
process of actions of an entrepreneur who is
always in search of opportunities. ____________3.
The greatest significance of entrepreneurship is
to help identify and develop the managerial
capabilities of entrepreneurs.
____________4. Entrepreneurship will lead to the
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____________5. Entrepreneurship can
improve the life of the entrepreneur
only. ____________6. Coward people will
become successful entrepreneur.
____________7. An entrepreneur is a
“Risk Taker”.
____________8. Entrepreneurship is not
an economic activity.
____________9. Entrepreneurs are
innovative.
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____________10. Profit potential is the
compensation of the entrepreneur.
____________11. An entrepreneur can become
a business consultant.
____________12. An entrepreneur can also be
a researcher.
____________13. An entrepreneur can also
become a salesman.
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____________14. Entrepreneurship
graduates can become a business
reporter.
____________15. The entrepreneur could
easily see the results of his efforts.
THANK YOU
QUESTIONS?
CLARIFICATIONS?
VIOLENT REACTIONS?
