Personal Entrepreneurial

Competencies (PECs)
Module 1
 Objective

At the end of this lesson, you should be

able to assess one’s PECs: characteristics,
attributes, lifestyle, skills, and traits.
 Why is there a need to
assess one’s personal
characteristics, attributes,
lifestyles, skills, and
traits?
Who are entrepreneurs?
The questions below will appraise or assess
you as a future young entrepreneur:
• Am I wise enough in choosing the people with whom I will work?
• Am I rational in handling obstacles?
• Can I absorb setbacks and recovery?
• Can I put myself in someone else’s place and know how the other
person feels?
• Can I communicate effectively both orally and in writing?
• Do I have a sound judgment?
• Am I persistent and patient?
• Do I have a basic knowledge in handling a business?
• Do I have a sound judgment, self-confidence, and independence?
• Am I physically and mentally fit?
 Entrepreneurial Traits
• Hardworking • Takes the Initiative
• Self- Confident • Willing to Listen
• Future-Oriented • Sets Own Standards
• Profit-Oriented • Copes with
• Goal-Oriented Uncertainty
• Persistent • Committed
• Cope with Failure • Builds on Strengths
• Responds to Feedback• Reliable and has
or Is open to Integrity
Feedback • Risk-Taker
 My Personal Entrepreneurial Competencies
Personal Entrepreneurial
Competencies of an Entrepreneur Strength Need to be developed
Hardworking
Self-Confident
Future-Oriented
Profit-Oriented
Goal-Oriented
Persistent
Cope with failure
Responds to feedback
Demonstrates initiative
Willing to listen
Sets own standards
Cope with uncertainty
Committed
Builds on strengths
Reliable and has integrity
Risk-Taker
Reflection
1. Choose 2 traits under the
column strength of which the
best traits you have and
explain why.
2. Choose 2 traits under the
column need to be developed
of which the least traits you
have and explain why.
10 Entrepreneurial Competencies that a
Would-be Entrepreneur should possess:
• Organizing ability
• Problem-solving ability
• Ability to absorb setbacks and recovery
• Human relations ability
• Communications ability
• Ability to make sound decisions and to take full
responsibility for decisions made
• Persistence and patience
• Technical knowledge on how to operate the business
• Sense of independence and self-confidence
• Good health and enthusiasm
 Objective

At the end of this lesson, you should

learn how to assess practitioner’s PECs:
characteristics, attributes, lifestyle, skills,
and traits.
development of a business
starting it from a business idea
growing it into a profitable venture
Assessing the PECs of a Practitioner
1. Select the appropriate characteristics and traits
which you feel best to describe a successful
practitioner of computer technical support staff.
Write down all the descriptions on the second
column;
2. After having completed the list in column two, think
of your personal assessment of a successful
practitioner by reflecting it on the third column. This
assessment would give you a good idea of significant
characteristics and traits that a successful
practitioner must possess.
 Practitioner Assessment

Characteristics

Traits
Guide questions for assessment

1. How do you relate your PECs to

the PECs of a successful
entrepreneur?
2. How important are they for you
as young future entrepreneur?
 Objective

This lesson will help you compare one’s

PECS with that of a practitioner/
entrepreneur’s.
Personal PEC’s of a would-be entrepreneur can
be evaluated based on the following criteria

Expert
Advanced
Intermediate
Fundamental or basic knowledge
Beginner or novice
 Objective

In this lesson, you will learn to align

one’s PECS with those of a
practitioner/entrepreneur’s.
Characteristics
– feature or quality of the practitioners.
• Initiative. Perform actions further than the
necessities
• Persistence. Determined to achieve a goal
• Opportunity seeker. Able to act on all
opportunities
• Information chaser. Willing to learn and
develop
Lifestyle
– how the practitioner lives.
• Habits. How a practitioner divides
time for business and for leisure
• Decisiveness. How a practitioner
handles situations and derives
decisions
Proficiencies
– skills and abilities possessed by a
practitioner.
• Installation. Skills needed to build
• Configuration. Abilities to organize
• Diagnosis. Capacities to detect faults
• Troubleshooting. Knowledge to
resolve faults
• Maintenance. Competence to
preserve
Aligning One’s PECs
1. Choose from the list below the characteristics and
traits that best describe your own personal
entrepreneurial characteristics. Find ways to align
them according to the personal entrepreneurial
characteristics of an entrepreneur which were
discussed earlier.
Try to design a concept map that indicates your
traits, characteristics’ and skills that you need to
possess in order to become a successful
entrepreneur.
Strengthening your Identified PECs
• React positively to criticisms and open to feedback.
• Always demonstrate a positive attitude to achieve the desired
goal.
• Always project a strong and well-balanced behavior.
• Always exercise an assertive style in your work environment.
• Avoid being too passive and too aggressive.
• Don’t let anyone worsen your business life.
• Prioritize your business goal rather than a personal goal in order to
become a successful entrepreneur.
• Acquire specific skills for creating and maintaining a conducive
work environment.
• Be responsible for everything you do in your business.
• Always observe business ethics in putting up a business.
My techniques to strengthen PECs
• From the given chart below, write at least six(6)
techniques that would allow you to strengthen your
own PECs. Write the PECs that you feel that you still
need to focus on to strengthen these.
Specific Purpose Statement: ( Your vision of your future)
Ex. Developing self-confidence in the retail business.
Focus Current Measures Actions Time Reward/
Goal
Area Situation of Success Required Frame Recognition
My PECs I need to -To exercise Achieve -Selling -During -Earns
develop my my own 100% finished culminating expected
undefined PECs during completion products activities income
derived from
characteristi selling and of -After -Outstanding
culminating
cs need for producing developmen activities in learning performance
my retail products/ t of my own any of chosen the in selling and
business, services PECs career. principles, promoting
such as: -To become through -Participate theories, products
proficient in selling and in skills processes of and services
my chosen production competition any chosen
sponsored by
skill. of products, business /
the NGO and
proper GO enterprise
manner
when
dealing with
people.
 Relevance of the
Entrepreneurship Course
Core Competencies
Developing a Business Plan
 Implementing a Business Plan