Entrepreneurship Week 1 & 2 Lecture PDF

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CarefreeSerpentine9889

Uploaded by CarefreeSerpentine9889

St. Rose of Lima Catholic School, Inc.

Ms. Ellaine N. Parungao

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entrepreneurship business entrepreneurial qualities business principles

Summary

These lecture notes cover the fundamentals of entrepreneurship, introducing the subject and key concepts. The notes include definitions, profit analysis, and discussion on entrepreneurial traits.

Full Transcript

Welcome to Entrepreneurshi p CLASS (Where everyone is a potential entrepreneur) Entrepreneurship The Teacher. 1st day The Subject. introductions You. THE TEACHER Hello there! I’m Ma’am Elay (Ms. Ellaine N. Parun...

Welcome to Entrepreneurshi p CLASS (Where everyone is a potential entrepreneur) Entrepreneurship The Teacher. 1st day The Subject. introductions You. THE TEACHER Hello there! I’m Ma’am Elay (Ms. Ellaine N. Parungao), and I'll be sharing with you beautiful ideas and lessons in entrepreneurship. THE SUBJECT Entrepreneurship Entrepreneurship is an introductory course structured to provide a firm basis as to the critical role entrepreneurs and entrepreneurship plays in the global economy. In this course, students will develop strong foundational knowledge in key business and entrepreneurial principles. This course also provides an overview of entrepreneurs in the contexts of start-up ventures; small business, and You! It’s your turn. Make an elevator pitch ( a brief way of introducing yourself to make a connection with someone) assuming that you want to impress a potential investor. Be sure to leave a lasting impression! What is Entrepreneurship? Entrepreneurshi p ✗ is defined as the process of planning, designing, launching, ✗It is also defined as the developing, capacity and managing and willingness to organize, running a business develop and manage a venture to make a business venture along profit. with any of its risks in Profit Profit refers to the rewards for business persons who take the risks involved in producing and marketing goods and services.  Profit is the money you have left after paying for business expenses (financial gain of theEarning business) a profit is important to a business because profitability impacts whether a company can secure financing from a bank, attract investors to fund its operations and grow its business. 21st Century Definition Entrepreneurs hip is what people No bosses. do to take their It is about No restricting career and building a life schedules. dreams into on your own NO ONE their hands and terms. lead it into HOLDING YOU direction of their BACK! 😊 choice. Welcome to Entrepreneurshi p CLASS (WEEK 2) Top 10 Qualities of an Entrepreneur Like other vocations, being an entrepreneur is also a calling. It is not a career that one can jump into when he or she decides so. It entails a holistic business talent and characteristics to be considered one. ♥ Business is an art, and not everyone knows to master Entrepren eur this art. Are there certain Entrepren qualities that all successful eur entrepreneurs share? Entrepren ♥ Some people have the inborn eur qualities to be a successful entrepreneur, and others work to develop these ♥ They have a lot of traits in common, so it’s not Entrepren surprising that the qualities eur of a successful entrepreneurs Entrepren look similar. Fortunately, all eur of these qualities can be Entrepren eur learned. It is up to you to carefully examine your strengths and dedicate yourself to learning them. Self- They are confidence confident with the knowledge that they will 20 As an Risk-taker entrepreneur you can’t fear risk because you take it everyday. 21 Courage Doing what others think you cannot and keep doing it even 22 Initiative Entreprene urs know if and when something needs to be 23 Ability to They communicat with people recognize that much of their success will depend 24 The world is Flexible constantly changing so you have to adapt to all the 25 Focusing on clear objectives They are clear on what their business stands for and stick to it. 26 Creative They come up with fresh and unique 27 Entrepreneurs Decisive always have a decision about their business. They do not 28 Good Business is Personality all about people, your personality is what will attract the 29

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