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DATE ACTIVITY

NOVEMBER 4 TO JANUARY 10 Discussion and Paperworks (Chapters 1-2)

NOVEMBER 18 TO NOVEMBER 22 Title Defense

DECEMBER 2 TO DECEMBER 6 Submission of Chapters 1-2


Checking of Papers
1ST Defense and Output Presentation

DECEMBER 9 TO DECEMBER 13 TRADE EXPO


JANUARY 13 TO JANUARY 31 Paperworks for Chapters 3-4

FEBRUARY 3 TO FEBRUARY 7 Submission of Chapters 3-4

FEBRUARY 10 TO FEBRUARY 14 Checking of Papers

FEBRUARY 17 TO FEBRUARY 21 Last Oral Defense

FEBRUARY 24 TO FEBRUARY 28 REVISIONS

MARCH 2 TO MARCH 13 SUBMISSION OF FINAL REQUIREMENT


Chapter
Overview of
entrepreneurshi
p
HAVE YOU
EXPERIENCED
PLANNING?
IN PLANNING…
ALWAYS BEGIN
WITH THE END
IN MIND.
Overview of Entrepreneurship
1. Discuss the relevance if entrepreneurship in
general, including its economic performance.
2. Define who is an entrepreneur.
3. Explain the key concepts of common and core
competencies in entrepreneurship.
4. Delineate clearly between entrepreneurship and
employment.
5. Explore opportunities for entrepreneurship.
What is entrepreneurship?
• It is a proactive process of developing a
business venture to make a profit.

• It involves seeking opportunities for a market,


establishing and operating a business out of
the opportunity, and assessing its risks and
rewards through close monitoring of the
What is entrepreneurship?
An entrepreneur is successful if the business
that he or she envisioned has materialized into
a thriving industry with regular customers and
financial gain.

He or she decides to maintain his or her


business or expand.
What is entrepreneurship?
Societal and economic benefits of
entrepreneurship:
• Entrepreneurship produces more job that
equate to an increase in national income.
• Entrepreneurship amplifies economic
activities of different sectors of society.
• Entrepreneurship introduces new and
What is entrepreneurship?
Societal and economic benefits of
entrepreneurship:
• Entrepreneurship improves people’s living
standard.
• Entrepreneurship disperses the economic
power and creates equality.
• Entrepreneurship controls the local wealth
What is entrepreneurship?
Societal and economic benefits of
entrepreneurship:
• Entrepreneurship reduces social conflicts
and political unrest.
• Entrepreneurship elicits economic
independence and capital formation.
Who is an entrepreneur?
The word “entrepreneur” has a French Origin
and was coined from the words entre, means
“between”, and pendre, means “to take”.

• A unique individual who has the innate ability and


extraordinary dedication to establish and manage a
business, acknowledging all the risks and repaing its
rewards.
Who is an entrepreneur?
• It is also a calling.
• It will only expect returns once he or she already
added or created value out of an opportunity.
• Leadership is the core of every entrepreneur.
• Always excited about his or her business and bravely
takes risks.
• Innovated, executes his/her big ideas, and rarely
procrastinates.
Who is an entrepreneur?
According to Action Coach, there are five levels of
entrepreneurial development.
1. The self-employed
2. The manager
3. The leader
4. The investor
5. The true entrepreneur (idealization, visualization,
verbalization, materialization)
Who is an entrepreneur?
Entrepreneur’s Field or Expertise
• Technopreneur
• Social entrepreneur
• Intrapreneur
• Extrapreneur
Common and core
competencies
Proactive
entrepreneurs are reactive rather than passive.
Agents of Change
entrepreneurs are innovation champions.
Risk Takers
entrepreneurs are successful if they take the risks
Have a sharp eye for opportunities
have a talent in recognizing opportunities
Common and core
competencies
Sociable
to establish relationship
Networkers
knows the key people to connect with
Decisive
always have decision about their business
Balanced
Innovative
Common and core
competencies
Core Traits of Entrepreneurs
Leaders
Communicators
Specialists
Problem Solvers
Entrepreneurship or
employment?
1. Income
2. Hiring and Firing, Organizational Setup, and
Major Key Results Area
3. Daily Tasks
4. Leisure Time and Vacations
5. Taxation
6. Comfort Level at Work
Careers in entrepreneurship
Entrepreneurship consists of vast career options
depending on the passion and field of the interest
of the entrepreneur. Here are some common small
businesses:


Sari-sari Store
Rice Retailing •
Business
Laundry and Dry
• Website
Development and
• Food Cart Business Cleaning Business Design/Blogging
• Printing Business • Hair Styling and • Direct Selling
• Buy-and-sell Makeup Business Business
Business • Spa, Gym, and Nail • Car Wash and Car
• Street Food Business Care Business Care Business
• Flea Market Business • Video and • Bar, Café, and
or Tiangge Photography Restaurant
• Online Selling Business • Water Station and
Careers in entrepreneurship

NO SUCCESSFUL BUSINESS
STARTED HUGE RIGHT AWAY.
Careers in entrepreneurship
• Bakeries, bakeshops, and • Gas stations/petroleum
bread products products
• Bars, cafes, and coffee shops • General merchandise and
• Beverage and confectionery retail
• Car care • Health and wellness (salon,
• Clothing and accessories massage, spa, and gym)
• Convenience stores • Schools
• Drug stores and pharmacies • Services (personal and
• Fast food establishments and business)
restaurants • Water stations
realizations
Choose one (1) successful entrepreneurs from different fields
that you know or and are engaged in common small and
franchise businesses enumerated previously. Your goal is to
understand the mindset of established entrepreneurs by playing
the role of an interviewer. Ask them the following questions:
1. What motivated you to become an entrepreneur?
2. What do you think are your characteristics and competencies
that made you a successful entrepreneur?
3. Aside from the business that you have, what other businesses
are you interested in?
realizations
4. What do you think of being employed? Why didn’t you choose
that path?
5. Who are your top 3 entrepreneur role models? Why do you
want to be like them?
6. How much do you love your job?

The paper you will submit must be:


1. Printed
2. Arial, 11, Single-spacing
3. 1 inch margin (all sides)
4. Include your name and your section and the name of your
Chapter
Overview of
entrepreneurshi
p

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