ENTREPRENEU
RSHIP
Prayer
Heavenly Father, as we gather to learn
today, we seek your guidance and
wisdom. Open our minds to
understanding, fill our hearts with
curiosity, and inspire us to be our
best selves. Bless our teacher with
patience and insight. May this class
be a place of growth, respect, and
support. In your name, we pray.
WHAT IS
ENTREPRENEURSHIP?
LEARNING
OBJECTIVES:
After the end of discussions, the learners will able to ..
a. Explain the significance of Entrepreneurship in
personal, social and economic development.
b. Participate in expressing personal insights on the
importance of Entrepreneurship.
c. Create a reflection paper that shows how
Entrepreneurship impacts the community and
contributes to nation-building.
I. Relevance of Entrepreneurship to an
Organization
1.1 Development of Managerial
Capabilities
1.2 Creation of Organizations
1.3 Improving Standard of Living
1.4 Means of Economic Development
RELEVANCE OF
ENTREPRENEURSHIP
TO AN ORGANIZATION
[Link] of
Managerial Capabilities -
this means that one of the
benefits an entrepreneur
gets is to develop his
managerial skills.
[Link] of
Organizations - which
means that because of
entrepreneurship many
organizations will exist.
3. Improving Standard
of Living - this means
that entrepreneurship
can lift up the economic
status of an individual.
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.
How does
As a student, how Why do you think entrepreneurship
will you manage entrepreneurship contribute to
your time? is important in economic growth
our daily lives? and innovation in
society
Activity # 1: “Entrepreneurship: Role in Community
and Nation Building”
- Write a Reflection Paper answering the following
questions:
a. What is the role of Entrepreneurship in the
Community?
b. How can Entrepreneurship help in Nation Building?
c. How can Entrepreneurship help you as an
individual?
RUBRICS FOR REFLECTION
CRITERIA DESCRIPTION POINTS POINTS
OBTAIN
Content The content was well- 20
explained, the questions
are all answered.
Organization The paper was well- 20
written, with ideas easily
conveyed to readers
Development Points are thoroughly 10
developed
Total: 50
Quiz #1: Read each question and write at least 3
sentences.
1. What does entrepreneurship mean to you?
2. What is the relationship between
entrepreneurship and leadership?
3. Why do you think people choose to start their
own businesses instead of going into traditional
jobs?
ASSIGNMENT
Research about Key Concepts
of Entrepreneurship.
Prayer
Heavenly Father, as we gather to learn
today, we seek your guidance and
wisdom. Open our minds to
understanding, fill our hearts with
curiosity, and inspire us to be our
best selves. Bless our teacher with
patience and insight. May this class
be a place of growth, respect, and
support. In your name, we pray.
“Life is like a monkey bars: you have to
let go to move forward. Once you make
the decision to leap into
entrepreneurship, be sure to loosen your
grasp on old concept so you can swing
your way to new one.”
– Leah Busque
Concept of
Entrepreneurship
The word “entrepreneur” was derived
from the French verb enterprendre,
which means “to undertake.” This is
pinpointing to those who “undertake”
the risk of enterprise. The enterprise is
created by an entrepreneur and the
process is called “Entrepreneurship.”
Factors Affecting
Entrepreneurship
01 02
1. Personality Factors
which include:
a. Initiative - doing
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.
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 want to.
f. A Planner - he
makes plans before
doing things and does
not fail to monitor it.
g. Risk-taker - which
means that he is
willing to gamble but
he will calculate it first.
2. Environmental Factors -
which include political,
climate, legal system,
economic and social
conditions and market
situations.
Which among How do socio- How does an
the cultural, entrepreneur’s
characteristics political, and ability to handle
do you think are technological uncertainty and
essential for an changes stress impact
entrepreneur to influence their long-term
have, and why? entrepreneurs success?
Performance Activity # 1: “Entrepreneurship:
Role Play”
- Create a group with 5 to 10 members.
- Each group will think of a scenario that is a
common problem in the business industry
- You will be given 15 minutes to brainstorm on the
solution to the problems given.
- Follow the rubrics given.
RUBRICS FOR ROLE PLAY
CRITERIA DESCRIPTION POINTS POINTS
OBTAIN
Content The group gave new creative 40
insights to the topic.
Roles Every member of the group 20
stayed in character, and the
roles are portrayed seriously.
Preparation The group prepared and 20
rehearsed the role play and
everything went smoothly.
Overall Impression The presentation was 20
entertaining and informative
Total: 100
D o you have
any
questions?
Prayer
Heavenly Father, as we gather to learn
today, we seek your guidance and
wisdom. Open our minds to
understanding, fill our hearts with
curiosity, and inspire us to be our
best selves. Bless our teacher with
patience and insight. May this class
be a place of growth, respect, and
support. In your name, we pray.
Objectives:
The Learners:
a. Identify the core competencies in
Entrepreneurship.
b. Categorize the different types of Entrepreneurs.
c. Create a Concept Map showing the importance of
the core competencies in an entrepreneur.
Core
Competencies in
Entrepreneurship
1. [Link] 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.
[Link] – The
entrepreneur constantly
looks for new ideas,
thus he needs to be
creative.
[Link] Potential - The
entrepreneur can be
compensated by his profit
coming from the operation.
[Link] bearing – The
entrepreneur needs to
gamble but wise enough to
offset the risk.
Types of
Entrepreneurs
1. Innovative Entrepreneurs -
They are those who always
make new things by thinking of
new ideas. They have the ability
to think newer, better and more
economical ideas.
2. Imitating Entrepreneurs -
They are those who don’t
create new things but only
follow the ideas of other
entrepreneurs.
3. Fabian Entrepreneurs -
They are skeptical about
changes to be made in the
organization. They don’t
initiate but follow only after
they are satisfied.
4. Drone Entrepreneurs -
They are satisfied with the
current state of their
business and unwilling to
adopt .
Career
Opportunities of
Entrepreneurship
1. Business Consultant - with
the expertise of in the field of
entrepreneurship, he can be a
very good source of advices to
other entrepreneurs and would be
business men.
2. Teacher - a graduate of an
entrepreneurship can use his
knowledge in teaching.
3. Researcher - the
entrepreneur can be employed
as a researcher by an
enterprise.
4. Sales - the entrepreneurship
graduate can apply as a
salesman.
5. Business Reporter - the
entrepreneur being expert in the
field, can be employed as a
business reporter.
Which among Why is it Which
the following important for entrepreneurial
core the careers do you
competencies entrepreneurs think are most
are most to develop an in demand in
important and innovative the economy
why? mindset? currently?