LESSON-1-INTRODUCTION-OF-ENTREPRENEURSHIP (2).pdf

MODULE 1: OVERVIEW OF ENTREPRENEURSHIP PREPARED BY: MS. MEDES & MS. GECA THE ENTREPRENEUR AND ENTREPRENEURSHIP The word “entrepreneur” has a french origin and was coined from the words entre, which means “between”, and prendre, which means “to take”. An entrepreneur is a person who creates u...

MODULE 1: OVERVIEW OF ENTREPRENEURSHIP PREPARED BY: MS. MEDES & MS. GECA THE ENTREPRENEUR AND ENTREPRENEURSHIP The word “entrepreneur” has a french origin and was coined from the words entre, which means “between”, and prendre, which means “to take”. An entrepreneur is a person who creates unique ideas that will be useful for a starting business. Having this in mind, we can define entrepreneurship as the science of converting processed ideas into a remarkable business venture. It refers to the setting up of a business or businesses while taking into consideration its financial risks, geared towards the attainment of profits. Why study Entrepreneurship? 1. It will increase an individual’s entrepreneurial interest. 2. It will help to discover innovators who also have the competence and edge of becoming entrepreneurs. 3. It will help the learners analyze creative and attainable ideas. 4. The learners will be able to write a business plan.  According to The self-employed Action Coach, The manager there are Five (5) Levels Of The leader Entrepreneurial TheModal: investor Must Development The true entrepreneur New terms that coined from Entrepreneur’s field TECHNOPRENEUR SOCIAL ENTREPRENEUR INTRAPRENEUR EXTRAPRENEUR  COMMON INTREPRENEURIAL COMPENTENCIES Competencies are considered as the capability, capacity, and ability of a person to handle situations in various areas in business operations such as in marketing, management, production, and finance. 10 Competencies for Entrepreneurial Success  CAREER AND OPPORTUNITIES IN ENTREPRENEURSHIP Here is the list of most common small business in the Philippines. 1. SARI-SARI STORE 2. RICE RETAILING 3. FOOD CART BUSINESS 4. PRINTING BUSINESS 5. BUY-AND-SELL BUSINESS 6. STREET FOOD BUSINESS 7. FLEA MARKET BUSINESS (TIANGGE) Here is the list of most common small business in the Philippines. 8. ONLINE SELLING BUSINESS 9. CELLPHONE LOADING BUSINESS 10. LAUNDRY AND DRY CLEANING BUSINESS 11. HAIR STYLING AND MAKEUP BUSINESS 12. SPA, GYM AND NAIL CARE BUSINESS 13. VIDEO AND PHOTOGRAPHY BUSINESS 14. TURORIAL BUSINESS Here is the list of most common small business in the Philippines. 15. BAKING BUSINESS 16. WEB SITE DEVELOPMENT AND DESIGN/BLOGGING 17. DIRECT SELLING BUSINESS 18. CAR WASH AND CAR CARE BUSINESS 19. BAR, CAFE, AND RESTAURANTS 20. WATER STATION AND LPG STATION  THINK & SHARE!! FOR AN ENTREPRENEUR TO BE SUCCESSFUL, YOU MUST KNOW AND UNDERSTAND WHAT THE MARKET NEEDS AND HOW YOUR PROPOSED BUSINESS WILL BE ABLE TO SATISFY THOSE NEEDS. THANK YOU FOR LISTENING!