ENTREPRENEURSHIP
Entrepreneurship is the process
of converting ideas into highly
marketable. It involves the
systematic organization of
four essential elements:
Materials, machines, money
and man.
WHAT IS
ENTREPRENUER?
An entrepreneur is an individual who
has the ability to see and evaluate
business opportunities.
He does new things, he supplies new
products, materials, new techniques of
production discover. New markets and
develop new source of raw materials.
He attracts customers or buyers.
CONCEPTS OF
ENTREPRENEURSHIP
The main concept of
entrepreneurship is
innovation.
This refers to new different
ways of doing things like
marketing, technology, human
relations management, and
others.

PERSONAL
COMPETENCIES OF
THE ENTREPRENEUR
Opportunityseeker
Ability to seek and to
act on new business
opportunities.

Committedworker

Accepts full responsibility for job orders of the
customers. When he make a promise he does all
possible means to keep this. He helps workers to get
the job done.
Risktaker

He rises to the challenge and turns problems into
opportunities.
Hardworking

He does things to ensure that work meets or
exceeds his existing standard of excellence.
Self-confident


An entrepreneur has strong faith in his abilities. He
believes he can be the best in he fields.
He does not accept things as they are, because he
believes that he can o things better.
Persistent

He formulates different alternatives to overcome
possible problems that may come along the way, and
make personal sacrifices to see a job completed
according to specific standards.
Informationseeker

A successful entrepreneur personally seeks important
data on clients, suppliers and would be competitors.
Decisionmaker

A good entrepreneur always makes correct and
timely decisions on how to improve his product, how
to create new markets about to business and seeks
technical advice.
Goalsetter

A successful entrepreneur sets, specific, measureable,
attainable, reliable, and time bound short term and
long term goals.
Goodplanner


A successful entrepreneur develops and applies
logical step by step plans to realize goals.
He identifies alternatives follow up progress, gets
feedback and makes decision.
STRENGTHS OF FILIPINO
ENTREPRENEURS
1.
2.
3.
4.
Filipino entrepreneurs are creative
Filipino entrepreneurs have charm
Filipino entrepreneurs are determined
Filipino entrepreneurs are maabilidad
WEAKNESSES OF FILIPINO
ENTREPRENEURS
1.
2.
Many Filipino entrepreneurs are unaware of
government programs available to them.
Some Filipino entrepreneurs have a tendency to
take advantage of their customers whenever they
can.
3. Filipino entrepreneurs tend to be copycats
saturating the market until there is oversupply of
particular products or service.
4. Filipino entrepreneurs have a tendency to finish of
the work with a “pwede na yan” attitude.
5. Filipino have a crab mentality “inggit”.
entrepreneurs
6. Some entrepreneurs become luxurious when they
succeeded in business. They put their investment on
unnecessary things like new car, cell phone, and not
making their goods and services better.