This PowerPoint presentation in intended only for senior high school level for their entrepreneurship subject.

1. INTRODUCTION TO
ENTREPRENEURSHIP
ENTREPRENEURSHIP

2. Activity 1. Let Me Know
Give at least five (5) names of
entrepreneurs that you know, may it be
from your locality or within the
Philippines. Identify what are their
common traits as entrepreneurs.

3. Activity 2. Essay
Explain the following questions below
about the competencies of
entrepreneurs.
1. What characteristics can you observe
or see that are common among the
entrepreneurs that you have listed?

4. Activity 2. Essay
Explain the following questions below about
the competencies of entrepreneurs.
2. Who among the entrepreneurs that you
mentioned do you admire the most and why?
3. In your own opinion, what do you need to
possess to become a successful entrepreneur?

6. Relevance of
entrepreneurship to an
organization

7. 1. Development of
Managerial capabilities
this means that one of the
benefits an entrepreneur
gets is to develop his
managerial skills.

8. 2. Creation of Organizations
which means that because
of entrepreneurships many
organizations will exist

9. 3. Improving standard of living
this means that
entrepreneurship can lift up
the economic status of an
individual.

10. 4. Means of economic
development
this means that not only the
life of the entrepreneur is
improved but also the society
where the business is located.

11. Concept of
Entrepreneurship

12. Entrepreneur
derived from the French
verb enterprendre
- to undertake

13. This is pinpointing to
those who “undertake”
the risk of enterprise.

14. Entrepreneurship
 it is the process that the enterprise is
created by an entrepreneur
are innovators, willing to take risks
and generate new ideas to make it
unique and profitable solutions to the
present – day problems.

15. Factors Affecting
Entrepreneurship

16. 1. Personality Factors
which includes:
a. Initiative – which means doings things even
before being told
b. Proactive – which means he can classify
opportunities and seize it.
c. Problem solver – which means he can retain
good relations with other people.

17. 1. Personality Factors which
includes:
d. Perseverance – meaning he will
pursue things to get done regardless
of challenges
e. Persuasion – means that he can
entice people to buy even if they
don’t.

18. 1. Personality Factors which
includes:
f. A Planner – meaning he makes
plan before he can entice people to
buy even if they don’t.
g. Risk – taker – which means that he
is willing to gamble but he will
calculate it first.

19. 2. Environmental Factors
which include political,
climate, legal system,
economic and social
conditions and market
situations.

20. Common Competencies
in Entrepreneurship

21. 1. Decisive
an entrepreneur
must be firm in
making decisions.

22. 2. Communicator
an entrepreneur
must have a
convincing power.

23. 3. Leader
an entrepreneur an
entrepreneur must have
the charisma to be
obeyed by his employees

24. 4. Opportunity seeker-
an entrepreneur must
have the ability to be
the first to see
business chances.

25. 5. Proactive
controlling a situation by
making things to happen
or by preparing for
possible future problems.

26. 6. Risk Taker
They have the
courage to pursue what
is their business ideas.

27. 7. Innovative
the entrepreneurs have big
business ideas and they do
not stop improving and
thinking of new worthwhile
ideas for their business.

28. Core Competencies in
Entrepreneurship

29. 1. Economic and dynamic
activity
Entrepreneurship is an economic activity
because it involves the creation and
operation of an enterprise with a view to
creating value or wealth by ensuring
optimum utilization of limited resources.

30. 2. Innovative
Entrepreneurs constantly
look for new ideas, thus he
needs to be creative.

31. 3. Profit Potential-
meaning the entrepreneur
can be compensated by his
profit coming from the
operation.

32. 4. Risk bearing
meaning the entrepreneur
needs to gamble but wise
enough to offset the risk

33. Types of
entrepreneurs

34. 1. Innovative entrepreneur
they are those
who always make
new things by
thinking of new
ideas.

35. 1. Innovative entrepreneur
have ability to
think newer,
better and more
economical ideas.

36. 2. Imitating entrepreneurs
they are those
who don’t create
new things but
only follow the
ideas of other
entrepreneurs.

37. 2. Imitating entrepreneurs
those people
who follow the
path show by
innovative
entrepreneurs

38. Examples:
Spotify (imitated online music streaming
and created a user – friendly platform)
Xiaomi (imitated Apple’s business model)
Zara (imitated like H&M)

39. 3. Fabian entrepreneurs
they are those skeptical(unconvinced)in their approach in
adopting or innovating new technology in their
enterprise.
They are not adoptable to the changing environment.
They only adopt the new technology when they realize
that failure to adopt will lead to loss or collapse of the
enterprise
 They don’t initiate but follow only after they are satisfied.

40. Example
The creator of McDonald’s, Ray Kroc, might be
compared to a Fabian entrepreneur. Although the
McDonald brothers opened the first McDonald’s
restaurant with an emphasis on a small menu and
quick service, it was Ray Kroc who saw the potential
for rapid expansion. He modified the business
strategy and made McDonald’s a dominant franchise
worldwide. The success of McDonald’s was largely
attributed to Kroc’s capacity to adapt and welcome
change.

41. 4. Drone entrepreneur-
they are those who lives on the labor of
others.
Reluctant to make or accept any
transformation
are die-hard conservatives even ready to
suffer the loss of business.

42. EXAMPLE
The once-dominant video rental business Blockbuster is a
prime example of a drone entrepreneur. Blockbuster stuck to
its established brick-and-mortar rental strategy in the face of
the shifting environment of the entertainment business and
the emergence of Internet streaming services. The business
finally declared bankruptcy because it was unable to
transform for the digital age. They were finally defeated
because of their stubborn commitment to outmoded
practices, which prevented them from taking advantage of
fresh prospects.

44. DIFFERENCE BETWEEN:
FABIAN
ENTREPRENEUR
Willing to adjust
when necessary
Inflexible and
steadfast in their
ways
DRONE
ENTREPRENEUR
Similarities:
• both rejects changes.
• stick to tried – and true practices

45. 5. Social entrepreneurs
they are those who initiate
changes in the various fields such
as education, health, human
rights, environment and
enterprise development.

46. 5. Social entrepreneurs
 focuses on providing solutions to
environmental and societal
problems through businesses
after philanthropic change; and
profit is just secondary

48. EXAMPLES:
1. BAYANI BREW 2. BAMBIKE

49. Career Opportunities
of Entrepreneurship

50. 1. Business Consultant
with expertise of the
entrepreneur he can be a very
good source of advices to
other entrepreneurs and would
be business man

51. 2. Teacher
a graduate of
entrepreneurship can be
use his knowledge in
teaching

52. 3. Researcher
the entrepreneur can
be employed as
researcher by an
enterprise

53. 4. Sales
the entrepreneurship
graduate can apply as
salesman

54. 5. Business Reporter
the entrepreneur being
expert in the field, he can
be employed as business
reporter.

55. Activity 3 Interview the Known
Choose three successful entrepreneurs in your community or
nearby places and conduct an interview using the guide
questions below. Discuss the result of your
interview to your teacher.
1. What motivated you to become an entrepreneur?
2. What do you think are your characteristics and competencies
that made you a successful entrepreneur?
3. What do you think of being employed? Why didn’t you
choose that path?

56. Activity 1 Interview the Known
Write the answers in paragraph
form. The output should be
written in your activity notebook.