The Different Characteristics and Traits of Successful Entrepreneurs PDF

GROUP 1 Presented By: Group 1 THE DIFFERENT CHARACTERISTICS AND TRAITS OF SUCCESSFUL ENTREPRENEURS  10 TABLE OF CONTENTS 14 PRINCIPLES OF MR. 01 HENRY SY, SR. 11 DIFFERENT TYPES AND...

GROUP 1 Presented By: Group 1 THE DIFFERENT CHARACTERISTICS AND TRAITS OF SUCCESSFUL ENTREPRENEURS  10 TABLE OF CONTENTS 14 PRINCIPLES OF MR. 01 HENRY SY, SR. 11 DIFFERENT TYPES AND 12 02 CHARACTERISTICS OF ENTREPRENEURS 13 COMPARE AND CONTRAST 14 AND 03 BILL GATES’ MINDSET BEHAVIOUR TO OUR LOCAL ENTREPRENEURS 15 04 SEATWORK 16  INTRODUCTION “Who is your role model?” Who pops up in your mind when you’re asked this question? Why that person?  14 PRINCIPLES OF MR. HENRY SY, SR. 1. STRIVE TO BE A LEADER IN YOUR 3. HAVE A LONG TERM CHOSEN FIELD VISION AND STRATEGY “I’ve elected to pursue 2. BE A PERSON OF This illustrates a person’s this path and I will give it capabilities to conceive my all.” INTEGRITY ways on how to grow, Leadership isn’t innate - and how they’ll be it’s developed over Just because you’re not doing it. time, through learning caught doing something It shows a person wrong, it doesn’t mean and experiences. dreams on having to you’ll escape the achieve more. consequences. it’s important to act with integrity in everything we do.  14 PRINCIPLES OF MR. HENRY SY, SR. 4. FOCUSING MEANS CONCENTRATING 6. WORK HARD AND PRIORITIZING “Kung walang tiyaga, Prioritizing important walang nilaga” aspects in life. We Not only does working should put our focus on things we know we’ll 5. HAVE GREAT PASSION hard signify dedication towards a goal, but it benefit from. TO ACHIEVE also reflects personal commitment. We pursue activities that we love or feel passionate about, not out of obligation.  14 PRINCIPLES OF MR. HENRY SY, SR. 7. BE PATIENT AND PERSEVERE 9. BE OPTIMISTIC Their is no overnight success. “There is always sunshine Success is something after the rain.” that requires patiencs, Finding solutions to when it finally comes, 8. RECOGNIZE overcome the crisis rather than remaining know how to uphold it. OPPORTUNITY stuck indefinitely. Seize any chance that comes your way. Make the best of them.  14 PRINCIPLES OF MR. HENRY SY, SR. 10. BE CONFIDENT 12. BUILD YOUR ORGANIZATION in gen-z vocabulary, Care less about what Surround yourself with other people may think individuals that you of you. You are greater know would provide the than their perceptions of right kind of you. 11. BE DISCIPLINED encouragement and constructive criticism In a business standpoint, establish an Develop self-control, organization that such as resisting benefits not only yourself buying unnecessary but also the people you wants. will collaborate with.  14 PRINCIPLES OF MR. HENRY SY, SR. 13. MAKE IT YOUR MISSION TO PROVIDE 14. SOCIAL RESPONSIBILITY IS EMPLOYMENT IMPORTANT Consider it a driving Organizations should force to assist anyone in strive to consciously dire need of making contribute to the money to support wellbeing of societies themselves, as well as rather than acting those seeking to gain immorally or in a lead to valuable experience. feelings. www.reallygreatsite.com “Don’t mind the problems, face them, go around them. I am sure you will succeed.” “Huwag kayo matakot sa failure. You guys are young, you can afford to fail. If you just persist, you will succeed.” - Mr. Henry Sy Sr. to Mr. Claudio, The founder and chairman of Toby’s Group “Pursue it. If it scares you, pursue it more. DIFFERENT TYPES AND CHARACTERISTICS OF ENTREPRENEURS  TYPE OF AN ENTREPRENEURS SMALL BUSINESS INNOVATIVE ENTREPRENEUR SCALABLE START UP ENTREPRENEUR ENTREPRENEUR A small business An innovative A scalable startup entrepreneur is entrepreneur is entrepreneur expects someone who runs a someone who their business idea will business by themselves identifies a problem take off quickly and or with the help of a and seeks to solve it needs the capacity to handful of employees. by using techniques expand in response to they’ve developed. demand.  TYPE OF AN ENTREPRENEURS SOCIAL ENTREPRENEUR LARGE COMPANY ENTREPRENEUR This type of It has an infinite cycle entrepreneur engages It innovates and offers consumers in businesses that are new products. designed to serve the new products for subsidiaries greater good. -Subsidiaries: Another company that is controlled by the parent company or holding company.  CHARACTERISTICS OF ENTREPRENEURS 1. Motivation _ This is an internal drive or need that pushes an entrepreneur to accomplish objectives and overcome obstacles. _ 2. Passion Successful entrepreneurs tend to be more driven by a passion for their offering as well as by a desire to make a difference. 3. Vision _ Entrepreneurs have a vision as to what they want to achieve and whom they need on their side to reach their goals. _ 4. Confidence Without confidence or self-belief, entrepreneurs cannot possibly succeed. 5. Decision _ Being able to make decisions quickly is an important characteristic for Making entrepreneurs because it can be the difference between success and failure.  CHARACTERISTICS OF ENTREPRENEURS 6. Innovation _ Innovation is key to keeping a company moving forward and keeping its line of products and services fresh. _ 7. Risk Taking Risk is a major aspect of running a business, but it can also be very rewarding. 8. Curiosity _ Curiosity is one of those entrepreneur characteristics that drives them to figure out the whys, whats, and hows of running a successful business. _ 9. Persistence It’s not uncommon for an entrepreneur to go through multiple attempts at running their own business before they find success. _ 10. Leadership It’s often said that an entrepreneur is a natural-born leader, as they have an intuitive sense of managing human capital. COMPARE AND CONTRAST BILL GATES’ MINDSET AND BEHAVIOR TO OUR LOCAL ENTRERENEURS BILL GATES Former CEO of Microsoft Bill Gates differs from local entrepreneurs because he has a global vision, has a lot of capitals, and work with technology. Bill Gates Local Entrepreneurs Famous for VS. they are flexible aggressive and well- management networked. approach. modify operations Long-term Goals. according to Someone who market and local expected much requirements. from his Short-term Goals. subordinates. Bill Gates & Local Entrepreneurs They also have a passion for work, and they are willing to work hard to overcome obstacles.