LESSON-1-BECOMING-AN-ENTREPRENEURpart1.pptx

introduction of entrepreneur objectives Explain the key relevance of the course Explain the core competencies in entrepreneurship Develop creativity as a core competency for  origin of the word ENTREPRENEUR entrepreneur Comes f...

introduction of entrepreneur objectives Explain the key relevance of the course Explain the core competencies in entrepreneurship Develop creativity as a core competency for  origin of the word ENTREPRENEUR entrepreneur Comes from ENTREPENDRE or to begin something.  why is entrepreneurs hip becoming more popular as a career?  Module 1: Becoming an entrepreneur  what is entrepreneur? An entrepreneur is a person or a group who creates something new such as a new idea , new product or service,  what is entrepreneur? An entrepreneur is usually described as an individual who establishes a business to make profit , runs it even through the risks and enjoys most of rewards. entrepreneur have common competencies First , they constantly seek opportunities and act on them. They always look for business prospect or ways to grow and improve themselves as well as others. entrepreneur have common competencies Second, they recognize and prepare for risks and uncertainties. They try to figure out potential risks and prepare for them. entrepreneur have common competencies Third, they maintain flexibility or resiliency. When things suddenly go wrong or do not happen as expected, they look for ways to remedy the problem. entrepreneur have common competencies Lastly, they develop and maintain social relations and network. They value human relationships in businesses through respect, trust and care for other people. most essential skills that you must learn and practice in  The Skill of Reflection Reflection is examining how you observe, think , feel, react, reason out, make assumptions, draw conclusions, evaluate outcomes and act upon  The Skill of Reflection Reflection skills is allow you to constantly learn from your experiences. Through self- realization.  The Skill of -Experimentation Experimentation is trying out an approach or a solution and then learning from it. -Experimentation is a learning-by-doing  The Skill of -Experimentation is Experimentation hands- on, and you may encounter errors in your initial attempt. -Entrepreneur never get tired ofexperimenting with  The Skill of Creativity -Creativity is being open to new perspectives or other ways of looking at things that are better or of higher quality.  The Skill of Creativity -Creativity allows you to innovate so as to differentiate your product or service.  The Skill of Empathy -Empathy is to ability to put yourself in the shoes of another person to understand how that other person thinks and The Skill of Empathy  The Skill of Empathy -This skill is important to understand the actual conditions of other people, to know their real needs and to respond to  The Skill of Play -It involves injecting some fun, excitement, and joy in what you are doing as you go through your tasks.  The Skill of Play -Team building is one of the common avenues b which companies instill the spirit of joy and fun in the workplace.  The Skill of Play -Larger companies could afford wellness programs such as sport tournaments, free movie passes, and free membership to gyms.  The Skill of Play -Smaller enterprises also create fun and recreation inside their employees. Assignme After knowing the five most important skills nt: in entrepreneurship , do a personal assessment of your current skills. Use a five-point scale with 5 being highest an 1 being the lowest. Rate how you see yourself currently manifesting each entrepreneurial skill. Be honest in your current self- assessment. Remember that you are still evolving or developing entrepreneuarial  Assignme Note again that in the scale below 5 - nt: Highly Manifested in Me 4- Moderately Manifested in Me 3- Not sure if I Manifest It 2- Slightly Manifested in Me 1- Not Manifested in Me Assignme Encircle the number corresponding to your nt: answer in the scale. Assignme nt: 1. Base on your responses above, which skills do you need to further improve on? 2.What did you discover in yourself as you answered this self-assessment?