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Activity No. 4.

3
Activity Title : The Entrepreneur
Learning Targets :
CONCEPT NOTES
ENTERPRENEUR is a person who organizes and manages a business undertaking, assuming the risk for the sake of a
profit.
This refer to any person who starts a business and operates.

10 KEY TRAITS OF A SUCCESSFUL ENTREPRENEUR ACCORDING TO DAVID GLASS


GOAL DRIVEN staying focused on a clear goal, and keeping employees focused in that goal.
CUSTOMER FOCUSED the successful entrepreneur spends time understanding the interest and
buying trends of potential customers and view the companys products
or services through customers eyes .
TEAM ORIENTED -

SKILLS ORIENTED -

delegating responsibilities to team of employees or even outside


consultants will not only allow the company to focus on its operation
and provide avenues for creative ideas to filter their way to
management.
each team member must have demonstrate skills that can contribute to the companys .
maintaining their skills by providing ongoing educational opportunities.

TECHNO- KNOWLEDGEABLE - most posses knowledge of technology and take initiative to hire individuals who can
implement technological plans and program.
GLOBAL THINKING

- must understands the trends a well on international markets, products local customs .
Provide valuable information, which may be put to good use in your business.
FLEXIBLE -MINDED - the successful entrepreneur is sensitive to the changing marketplace,
competitive strategies, and customer preferences and adapts products Services accordingly.
BOTTOMLINE ORINETED -

making money and profits requires managing money successfully,


carefully managing vendors and suppliers, and hiring the right team of financial advisors .

SOCIALLY- RESPONSIBLE -

business engage in socially responsible activities like making


A commitment to serve the economically disadvantage,
Protecting the environment or adopting other social causes,
These actions are more likely to be favorably perceived by end
-users of their products and services.

FUTURE ORIENTED -

making a commitment to serve the economically , protecting the environment or adopting


other social cause.

LEARNING EXPERIENCE
______________1.delagating responsibilities
______________2. Staying focused on a clear goal
______________3.hiring the right team of financial advisors
______________4. Spends time understanding the interest of potential customers
______________5.possess knowledge of technology

PROCESSING QUESTIONS :
1. What are the traits of a successful entrepreneur?
2. Why do you think many Filipinos would like to put up a business?

SYNTHESIS :
I LEARNED THAT __________________

REFLECTION :
Are you ready to become an entrepreneur ? Do you think you have the initiative and good
qualities to run a business?

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