Entrepreneurship
Do you see yourself
running a business
someday?
Do you have plans
in venturing one?
WHAT IS ENTREPRENEURSHIP?
- the process of discovering
new ways of combining
resources.
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ENTREPRENEUR
“a person who starts a business and is
willing to risk loss in order to make
money.”
- commonly seen as an innovator, a
source of new ideas, goods, services,
and business/or procedures.
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IMPORTANCE OF ENTREPRENEURSHIP
Improves
productivity Spurs Creates
innovation jobs
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IDEA SPEED DATING
• Groups of 5-7
• Each group must have a
marker and a bond
paper
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IDEA SPEED DATING
• For 5 minutes, brainstorm
among your groupmates AS
MANY entrepreneurial ideas.
• Write your top 3 ideas on your
bond paper in your station.
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For 5 minutes, SHARE your
reflection on the activity.
What challenges you’ve
faced and how did you
overcome them.
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COLLABORATION
CREATIVITY
OPEN-MINDEDNESS
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Entrepreneurship
Intended Learning
Objectives
At the end of the lesson, you are expected to:
a. explain and discuss the relevance of
Entrepreneurship;
b. value the importance of Entrepreneurship to the
society and;
c. explore job opportunities for Entrepreneurship as
a career.
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INTRODUCTION
RELEVANCE OF THE
COURSE CAREER
OPPORTUNITIES IN
TYPES OF ENTREPRENEURSHIP
ENTREPRENEURS
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RELEVANCE OF ENTREPRENEURSHIP
to students
Fosters Instills strong Real-world
creativity and work ethic application of
innovation knowledge
Promotes
Builds critical independenc Encouraging
thinking skills e and self- adaptability
reliance
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RELEVANCE OF ENTREPRENEURSHIP
to students
Developing Fostering
networking growth Encourages
and mindset social
communicati- responsibility
on skills
Contributes to
Economic
Development
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THE BASIC CONCEPTS AND
CHARACTERISTICS OF
ENTREPRENEURSHIP
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Good entrepreneurs have
INTEREST and VISION
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Good entrepreneurs have
MANY AREAS OF SKILL
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Good entrepreneurs have
FINANCIAL AND
EMOTIONAL
INVESTMENT
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Good entrepreneurs can
ORGANIZE AND
DELEGATE
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RISK AND REWARD
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THREE
COMPETENCIES EVERY
ENTREPRENEUR
SHOULD DEVELOP
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LEVELS OF
COMPETENCY
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1. PERSONAL COMPETENCIES
- creativity, determination, integrity,
tenacity, emotional balance and self-
criticism.
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2. INTERPERSONAL COMPETENCIES
- communication,
engagement/charisma, delegation,
respect.
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3. BUSINESS COMPETENCIES
- business vision, resource management,
networking, negotiating skills.
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CAREER OPPORTUNITIES IN
ENTREPRENEURSHIP
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1. Mid-level management
2. Business Consultant
3. Sales
4. Research and Development
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5. Not-for-profit fundraiser
6. Teacher
7. Recruiter
8. Business Reporter
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TYPES OF
ENTREPRENEURS
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INNOVATIVE ENTREPRENEUR
Visionary and seeks new opportunities to create and
develop groundbreaking ideas, products, or services. They
are constantly seeking new opportunities and are willing
to take risks in order to bring their innovative ideas to life.
Examples:
Elon Musk, the CEO of Tesla and SpaceX
Mark Zuckerberg, the co-founder of Facebook
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IMITATIVE ENTREPRENEUR
Focuses on replicating existing business ideas,
products, or services with minor modifications or
adaptations. They are skilled at identifying and
duplicating successful business models in different
markets or contexts.
Example: Franchise owners who replicate established
brand concepts and operate multiple outlets.
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FABIAN ENTREPRENEUR
adopts a cautious and incremental approach to
entrepreneurship. Tend to proceed gradually, making
calculated decisions and mitigating risks as they progress.
They prioritize stability and long-term sustainability over rapid
growth.
Example: A small business owner who gradually expands their
operations, carefully considering market trends and customer
feedback.
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DRONE ENTREPRENEUR
These individuals resist embracing new
opportunities and fail to capitalize on them. They
adhere to conventional methods and are unwilling to
adapt their production processes, even if it results in
losses. Their resistance to change earns them the
label of “laggards.”
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Research on the life story of at least one (1) entrepreneur
in your locality; identify how he/she started his/her
business. Use the following questions below for your
interview.
1. How much was your start-up capital?
2. Who taught you the concept business?
3. What motivated you to have a business?
4. Why did you choose that business?
5. How did your business help the community?
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After the interview, you did with a local
entrepreneur, use that as a material in
answer this question below.
What type of entrepreneur the person is?
In 5 sentences, justify.
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