Principles

in Creating
a Business
Reflecti
on ????
10 Principles in Creating a
Business

"A fundamental truth or

proposition that serves as
What is a the foundation for a system
PRINCIPLE? of belief or behavior or for a
chain of reasoning.“-New
Oxford American Dictionary
Arrange Me

CASAYLTIIBL
ANSWER

SCALABILITY
Arrange Me

GBI SDIAE
ANSWER

BIG IDEAS
Arrange Me

SSSYMTE
ANSWER

SYSTEMS
 Arrange Me

SSYTUAIAIILNBL
 ANSWER

SUSTAINABILIT
Y
Arrange Me

RWHTGO
ANSWER

GROWTH
Arrange Me

NIIVSO
ANSWER

VISION
Arrange Me

PPEUSOR
ANSWER

PURPOSE
Arrange Me

OOYUAMNT
ANSWER

AUTONOMY
 Arrange Me

FBYTOAPRPILII
 ANSWER

PROFITABILITY
Arrange Me

TSRAANSDD
ANSWER

STANDARDS
 10 Principles in Creating a
Business

1. Scalability- is the capability of a system, network, or

process to handle a growing amount of work, or its
potential to be enlarged in order to accommodate that
growth.
 10 Principles in Creating a
Business

2. Big Ideas
A small business is no more effective than the idea
upon which it is built. The entrepreneur's vision is
more important to the life of the business than
anything else.
 10 Principles in Creating a
Business

3. Systems
You must recognize that a small business is a System in
which all parts contribute to the success or failure of the
whole. In this system, everything must work together:
from employee to president; from equipment to
resources.
 10 Principles in Creating a
Business

4. Sustainability
A business must be dynamic--able to thrive
through all economic conditions, in all markets,
providing meaningful, highly differentiated results
to all of its customers. Such differentiation is key
to survival.
 10 Principles in Creating a
Business

5. Growth
All businesses need internal growth. A small business
is a School in which its employees are students, with
the intention, will, and determination to grow.
 10 Principles in Creating a
Business

6. Vision
A small business must manifest the Higher
Purpose upon which it was seeded, the vision it
was meant to exemplify, the mission it was
intended to fulfill.
 10 Principles in Creating a
Business

7. Purpose
A small business is the fruit of a Higher Aim in the
mind of the person who conceived it.
 10 Principles in Creating a
Business

8. Autonomy
A business is not part of the owner's life, but is,
in fact, its own entity. A small business
possesses a life of its own, in the service of
God, in whom it finds reason.
 10 Principles in Creating a
Business

9. Profitability
A small business is an economic entity, driving an
economic reality, creating an economic certainty for
the communities in which it thrives.
 10 Principles in Creating a
Business

10. Standards
A small business creates a Standard against
which all small businesses are measured as either
successful, or not.  All small businesses should
aim to thrive beyond the standards that formerly
existed.
 GROUP
ACTIVITY
 Activity
 The class will be divided into four
groups.
 Each will be given 5 minutes to
conceptualize and prepare their own
business.
 Prepare their company logo and its
taglines.
 Rubrics to follow:
50-pts for the concept/idea
30-pts for the creativity
20-pts for the teamwork
100 pts. Total
Identification
• 1. A small business must manifest the higher purpose upon which
it was seeded; it was meant to exemplify a business.
• 2. A small business must contribute all its part to the success or
failure of the whole.
• 3. A small business is an economic entity, driving an economic
reality, creating an economic certainty for the communities in which
it thrives.
• 4.It is the capability of a system, network, or process to handle a
growing amount of work to accommodate.
Identification
• 5. A fundamental truth or proposition that serves as the
foundation for a system of belief or behavior or for a chain of
reasoning
• 6. It refers to the entrepreneur's vision which is more important
to the life of the business than anything else.
• 7. A small business is the fruit of a Higher Aim in the mind of the
person who conceived it.
• 8. A small business is a School in which its employees are
students, with the intention, will, and determination to develop.
Identification
• 9. A business is not part of the owner's life, but is, in fact, its own
entity.
• 10. A business must be dynamic--able to thrive through all
economic conditions, in all markets, providing meaningful,
highly differentiated results to all of its customers.