Summary

This is a module on personal entrepreneurial competencies (PECs) which includes topics such as hardworking, self-confidence, profit-oriented, goal-oriented, and many more relevant topics.

Full Transcript

Module 1 - PECs PECs Stands for “Personal Entrepreneurial Competencies” Hardworking Determined to run a business; The success will depend on the effort put into it Self-confident Faith in your abilities despite the problems Profit-Oriented Looking...

Module 1 - PECs PECs Stands for “Personal Entrepreneurial Competencies” Hardworking Determined to run a business; The success will depend on the effort put into it Self-confident Faith in your abilities despite the problems Profit-Oriented Looking for income. How you generate money and spend it Goal Oriented Long-term goals or achievements for your company Persistent Must be strong willed, firm, and follow your own belief Copes with Failure Learn from mistakes and how you deal with problems Response to feedback How well you think you are doing; Obtain feedback and comments from others Has Initiative Must take charge, be responsible if your business were to fail Willing to listen Take time to listen to advice or suggestions from other entrepreneur to have growth Sets own Standards Take into consideration that sales and production depends on the standard you create Copes with uncertainty Be patient, and do your best to succeed from problems Committed Focus on your business while maintaining a work-life balance Build on Strengths Use manual skills, knowledge in making product/services, and creating a wide network Reliable and has Integrity Have a good reputation and be trusted by the consumers Risk-taker You must take risks, even if it may lead to the bankruptcy or failure of the business Module 2 - Generating Ideas for a business Needs and wants of people Needs Essential to humans for living Basic commodities, clothing, personal belongings, shelter, sanitation, health, food, water, etc. Wants Desire of people Not a basic necessity Generating Ideas for a business Examine goods and services Examine present and future needs Examine how the needs are being satisfied Examine the resources available to you Read magazines, news articles, and other publications on new products and techniques or advances in technology Selecting the right Idea 1. How much capital is needed to put up the business? 2. How big is the demand for the product? Do many people need this product and will continue to need it for a long time? 3. How is the demand met? Who are processing the products to meet the need (competition or demand)? How much of the need is now being met (supply)? 4. Do you have the background and experience needed to run this particular business? 5. Will the business be legal, not going against any existing or foreseeable government regulation? 6. Is the business in line with your interest and expertise? Environmental Scanning Needed to determine the needs and wants of the people Process of gathering, analyzing, and disseminating information for tactical/strategic purposes Market The other term for customers Invention Creating a new product to o replace an old product SWOT Analysis Analyzes the STRENGTHS, WEAKNESSES, OPPORTUNITIES, and THREATS to the business Lesson 6 - What is a business plan? Business Plan Guide of how to start a business May be a roadmap 7 Types of Business Plans Start-up Strategic Feasibility Operations Expansion What-if One-Page Start-up Plans a new company gives to potential investors in the hopes of receiving startup funding It is the initial plan Strategic Internal purposes Foundational plan for the organization Uses SWOT Analysis Feasibility Seeks for making a new product in an existing market Operations Plans the operations for day to day activities for each employee Also known as the Annual Plan Expansion How your company plans to grow or expand What-if plan This is for worst-case scenarios Back up plan One-page Business pitch Spotlights the company’s vision and mission Traditional business plan Common, goes into detail in each section May take more work and more time Lean Startup business plan Less common, uses a standard structure Focuses on summarization and key points and key elements Takes less work and less time Traditional Business plan format: Executive summary Briefly explains what your company is and why it’s successful Company description Detailed information, problems solved, consumers, or people we serve Market Analysis Looks for trends and themes and how you can do better than other businesses Organization and management How the company is structured; Who is in charge and what each person does Service or Product Line Describes what you sell or service/s you offer Marketing and sales How you attract and retain consumers and customers Funding request How much funding is needed and where funds will go to Financial Projections Convince the investors that your business is stable and will be a financial success Appendix Supporting documents needed for the business (Licenses, permits, etc.) Lean Startup Format: Key Partnerships Notes what other business you are working with Key Activities List the ways on how your business has a competitive advantage Key Resources List resources you use for your advantage Value Proposition Clear and compelling statement about the value of the company Customer Relationships How customers interact with the business Customer Segments Be specific with your target market Channels How you talk to customers (Online, face to face, ai, etc.) Cost Structure Define you strategy, list significant costs you’ll face Revenue Streams How your company generates money Lesson 7 - What is Photoshop? Photoshop Software providing editing features for raster and vector graphics Layer-based editing system Automation for repetitive tasks Photoshop Creative Cloud allows to work on content from any computer GUI - means graphical user interface..psd - file type for photoshop Essentials of Image Editing Software Powerful editing tools – Used for detailed image manipulation Opportunities in Creative Design – Users may create graphics and layouts Wide Industry Usage – Extensively used in graphic design, photography and digital arts User-Friendly Interface – Designed to be intuitive and suitable for experts/beginners Resources for Learning – Numerous tutorials and guides for students to master Photoshop Documents and Layers Photoshop Document Format –.psd; Primary file format for documents Layers Functionality – Each layer acts as an individual transparent sheet for editing specific parts Understanding Selections – Selections define specific or targeted areas done by editing tools for precise modifications Basic Image Editing Techniques Cropping – Removes unnecessary elements to focus on the main subject Resizing and Compression – Adjusts image dimensions to fit platforms and reduce file sizes for faster loading Correcting – Enhance image quality by adjusting lighting, color or contrast - Correcting color balance ensures accurate representation Sharpening or Softening – Refine image details for clarity or a subtle look RASTER VS. VECTOR Raster Suitable for detailed Images like photos JPEG, PNG Vector Suitable for scalable graphics like logos SVG, AI Understanding Resolution and Image Size Resolution Number of Pixels Per Inch (PPI) Image Size Dimensions of the image in pixels Screen Typically 72 PPI; Digital use Print Resolution Typically 330 PPI; Printing Web Images Lower resolution for faster loading times Print Images Require higher resolution for clarity and detail Pixel Density Impact Sharper images with finer details, for professional printing and clear digital display Menu Bar Contains options, partially explored File Menu – open/close documents, import, scan, save for web, export Edit Menu – fill and stroke, other functions Image Menu – affect a whole image, color and size adjustments, other changes Layer Menu – allows to make changes to an image without altering the original image data Select Menu – deals with selections, ability to save selections, reverse, or add Filter Menu – allows you to apply filters View Menu – change view settings, displays image guidelines, zoom in and zoom out Window Menu – allows you to toggle back and forth between hide and show Help Menu – not so helpful, resize image and export transparent image Options Bar located underneath the menus Toolbar Most important element in the Photoshop interface, include tools for selecting areas, stretching, transforming, erasing parts, etc. Panes another important feature, contains all sorts of information, loc. Information, tool options, history Lesson 8 - Selection tool: Marquee and Lasso Selection Tool Used to make selections of shapes, objects, colors, used to work on a specified area Used to facilitate the process of positioning elements in the image working area Move Tool moves an entire layer within an image Marquee Selection Tools Allows to to select specific regions Rectangular Marquee Tool DEFAULT, allows for the selection of rectangular shapes Elliptical Marquee Tool used for selecting elliptical or round areas (shift for a perfect circle) Single Column and Single Row Tools Selects a 1-pixel-wide or tall area across the entire image, straight lines and edge trimming Lasso Tool Helpful for drawing a free-form border, allows to soften edges or ad a feather effect Polygonal Lasso Tool Allows you to create a selection comprising straight lines (can be as short as 1 px), useful for cutting out objects precisely Magnetic Lasso Tool Naturally or automatically borders in the image, for well-defined and high-contrast images A LOT OF THANKS TO THE ONE AND ONLY ZIAN ZURBANO FOR PHOTOSHOP! :3 Life saver siya, omfg

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