Republic of the Philippines
Department of Education
National Capital Region
DIVISION OF CITY SCHOOLS – MANILA
Manila Education Center Arroceros Forest Park
Antonio J. Villegas St. Ermita, Manila
ENTREPRENEURSHIP
https://search.yahoo.com/
Quarter 1 Week 2 Module 2
Learning Competency : Explore
job opportunities for
entrepreneurship as a career
Learning Module for Entrepreneurship
HOW TO USE THE MODULE?
As you start studying the module, I want you to set aside other task/s
that may disturb you while enjoying the lessons. Read the
instructions below to successfully enjoy the objectives of this kit. Have
fun!
Follow carefully all the contents and instructions
indicated in every page of the module.
Write in your notebook the concepts about the lessons.
Writing enhances learning, which is important to develop
and keep in mind.
Perform all the provided activities in the module.
Let your facilitator/guardian assess your answers using the
answer key card.
Analyze conceptually the post-test and apply what you have
learned.
Enjoy studying!
PARTS OF THE MODULE

Expectations - This will give you an idea of the skills or
competencies you are expected to learn in the module.

Pre-test - This will measure your prior knowledge and the concepts
you are to master all throughout the module.

Looking Back to your Lesson - This section will measure what
competencies and skills you have learned from the previous lesson.

Brief Introduction- This section will give you an overview of the
module.

Activities - These are sets of activities you will perform with a
partner.

Remember - This section summarizes the concepts and applications
of the module.

Check your Understanding - It will verify the concepts and
competencies you learned from the lesson.

Post-test - This will measure how much you have learned from the
entire module
2
Learning Module for Entrepreneurship
Competencies in Entrepreneurship
Lesson
and Job opportunities for
3
Entrepreneurship as a career
EXPECTATIONS
After going through the module, you are expected to:
1. Gain insights about the competencies every Entrepreneur should
develop.
2. Explore job opportunities for Entrepreneurship as a career.
You may start your journey in learning more on the competencies of
entrepreneur and the job opportunities for entrepreneurship as a
career. Are you excited to answer the Pre-test? Smile and Enjoy!
PRE-TEST
DIRECTIONS: To check your prior knowledge about the topic, please list down at least
five (5) competencies in entrepreneurship and five (5) job opportunities for
Entrepreneurship as a career. Write your answer in the space provided.
Competencies in Entrepreneurship
1.
2.
3.
4.
5.
Job opportunities for Entrepreneurship as a career
1.
2.
3.
4.
5.
You have finished answering the pre-test. You may request your
facilitator/guardian to check your work. Congratulations and keep on
learning!
LOOKING BACK TO YOUR LESSON
As you go further, let us try to recall about the concept of Entrepreneurship.
Entrepreneurship is a catchword in this era of globalized economy. It is a foundation
3
Learning Module for Entrepreneurship
and catalyst for economic growth and innovation across nations (Edralin, D. M.,
2016).
Common Elements of Entrepreneurship (Edralin, D. M., 2016):





Innovation
Opportunity seeking and exploitation
Resource mobilizing
Encountering risks and uncertainties
Economic and personal rewards
Roles of Entrepreneurship and Entrepreneurs in Economic Development and
Society (Edralin, D. M., 2016):










Creates employment
Develops new markets
Introduces innovation
Generates new sources of materials
Stimulates investment interest in the new business ventures being created
Improves the quality of life
Serves as role models
Brings social benefits to the people
Utilizes and mobilizes indigenous resources
Provides more alternatives for consumers
Entrepreneurs are found everywhere around the globe and they are a distinct
group of business people who contribute to the development of the society. They are
the founder and creator of the enterprise who make use of the opportunities that
abound to start or grow business, knowing that there are risks involved in such
undertaking (Edralin, D. M., 2016).
MAKE MEANING- INTERNET ASSSISTED ACTIVITY
DIRECTIONS: Give the meaning of the following word/phrase in each item. You may
use the internet to define the given word/phrase. Write your answer in the space
provided.
1.
2.
3.
4.
5.
Competency ________________________________________________________________
Job Opportunities __________________________________________________________
Enterprise _________________________________________________________________
Creative thinking ___________________________________________________________
Managing Change __________________________________________________________
4
Learning Module for Entrepreneurship
BRIEF INTRODUCTION
Are entrepreneurs born or made?
This question has long been debated with little agreement.
However, as cited by Longenecker, J.G., et.al. (2016), Stephen
Spinelli and Robert Adams described entrepreneurs as having and
exhibiting “desirable and acquirable attitudes and behaviors” such as commitment
and determination, leadership, opportunity obsession, risk-takers, motivation to excel,
creativity, self-reliance, and adaptability. According to (www.ideasforleaders.com),
competencies such as risk seeking, assertiveness and vision are considered typical of a
successful entrepreneur. But these are innate predispositions or aspects of
temperament; by using them as yardstick, it is wrongly concluded that only certain
types of people make good entrepreneurs or are capable of worthwhile innovations.
Is there such a thing as a ‘natural-born entrepreneur’?
Accordingly there is not. Specific techniques and habits must be practiced and
developed by all would-be entrepreneurs. Aside from business competencies,
entrepreneurs need interpersonal and self-leadership skills too; however, these are
often overlooked. Entrepreneurial behavior‟ can be learned and developed
(www.ideasforleaders.com).
The question is not who entrepreneurs are, but what they do, and more
important than business skills can be other competencies that provide a foundation
for those business skills (www.ideasforleaders.com).
Furthermore, according to www.ideasforleaders.com, there are three levels of
competencies, which all entrepreneurs need:
1. Personal competencies – These are your abilities to ground yourself so that
you are secure and self-assured in whatever situation you may find yourself
(www.free-management-ebooks.com).
Ex. creativity, determination, integrity, self-criticism.
2. Interpersonal competencies – These are your ability to lead, influence,
communicate, supervise, negotiate, and control people at all levels. It is the
ability to get along with people and motivate people to perform jobs.
Entrepreneurs must effectively manage people (baseread.com).
Ex. communication, engagement, delegation
3. Business competencies – These are set of particular abilities and knowledge
that sets a company apart from its competitors (yourbusiness.azcentral.com). It
also refers to the key characteristics that successful entrepreneurs should have
in order to be successful (www.mustangbols.com).
Ex. business vision, financial management, networking
5
Learning Module for Entrepreneurship
Core vs. Common Competencies in Entrepreneurship
Competencies in entrepreneurship
entrepreneurs successful (baseread.com).
play
a
leading
role
in
making
Entrepreneurial competencies facilitate opportunity recognition, help adapt
rapidly to changes, enhances business performance, strengthen the firm‟s competitive
position and stir the achievement of organizational success. It is the sum total of the
personality, skills and knowledge that the entrepreneur possesses, which are
necessary to effectively perform their functions and responsibilities (Edralin, D. M.,
2016).
Competence is an underlying personal characteristic which leads to superior
performance. It is a combination of knowledge, skills, attitudes, and motives
(baseread.com).
Core competence is the foundation for sharpening a company's competitive
edge and it guides brand reputation, business growth, and marketing strategy
(www.thebalancesmb.com).
Common competence is one that describes the knowledge, skills and abilities
found in most or all position (www.ifpm.nifc.gov).
Examples of Core and Common Competencies in Entrepreneurship
Core Competencies
1. Organizing and Planning
2. Cash flow management
3. Personnel management
4. Operations and distribution
5. Customer Relations
6. Bookkeeping/Accounting
7. Promotions and Advertising
8. Resources Management
9. Financial Management
10. Information Management
Job Opportunities for
Common Competencies
1. Analytical and critical thinking
2. Decision making
3. Leadership
4. Communication
5. Computer Literacy
6. Human Relations
7. Managing Change
8. Creative Thinking
9. Time Management
10. Conflict Management
Entrepreneurship as a Career
If you‟re an aspiring entrepreneur, there are different career paths you can take
to turn your dream into a reality. Which path you choose will depend on your
experience, skills, finances, and flexibility, as well as your goals for the future (Doyle,
A., 2020).
Career opportunities you might pursue according to Michalowicz (2011) as cited
by Edralin, D. M., 2016):
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Learning Module for Entrepreneurship
Entrepreneurship Career Opportunities
for the Academic Track
 Business Consultant
 Sales
 Research and development
 Not-for-profit fundraiser
 Teacher
 Talent recruiter
 Business reporter
 New venture creation
 Career in existing entrepreneurial
ventures
Entrepreneurship Career Opportunities
for the TECHVOC Track
Fine Arts
 Artist
 Graphic designer
 Photographer
 Art gallery manger
 Film director
Fashion Designing
 Designer wear production
 Fashion marketing, planning and
concept management
 Fashion media design management
 Fashion accessory design, quality
control, and promotion brands
 Costume designer
 Fashion consultant and personal
stylist
 Technical designer and graphic
designer
 Fashion coordinator
Sports
 Health club manager
 Strength, wellness or conditioning
coach
 Fitness program or event planning
manager
 Professional or amateur team
manager
 Sports facility manger
 Corporate fitness director
 Rehabilitation center director
 Nutrition center manager
Other TECHVOC Track
 Cook/Chef
 Automotive mechanic
 Electrician
 Technical support specialist
 Tool keeper and technician
 Network support Associate
 Mechanical technologist
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Learning Module for Entrepreneurship
Note: Most would-be entrepreneurs, however, remain self-employed, preferring to be
the boss.
Reasons why many would like to become an entrepreneur (www.scu.edu):
1. Achievement, Challenge, & Learning
2. Independence & Autonomy – you can set your own goals, pick their own
partners, and face the consequences of your decisions.
3. Income Security and Financial Success
4. Recognition and Status
5. Family
6. Dissatisfaction with Current Work Arrangements
7. Community and Social Motivation
ACTIVITIES
Activity 1. Read and analyze the facts about the competencies in Entrepreneurship
below. Determine whether the statement is TRUE OR FALSE. Write TRUE if the
statement is correct and write FALSE if otherwise. Write your answer before the
number.
_________1. Entrepreneurship can be learned by anyone, it‟s not something that can
simply learn in a classroom.
_________2. Certain skills, such as communication, delegating and respecting others
can only be acquired through practice and developing „habits of character‟.
_________3. Habits of character may not strictly be related to business but are to do
with the kind of person the entrepreneur is and what he/she does.
_________4. An entrepreneur has to have certain cultivated and inherent qualities in
order to make a success of his or her venture.
_________5. Hard work and determination to win have made many successful business
people to reach their aspired goals.
_________6. An Entrepreneur must hesitate for personal or other reasons.
_________7. Business involves many risks, which an entrepreneur must hesitate to
take.
_________8. New ideas help make a business venture successful.
_________9. Certain attributes are essential for an Entrepreneur to establish his or her
business on sound footing.
_________10. The only way to acquire the habits essential for entrepreneurs is by
acting in a way inconsistent with them.
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Learning Module for Entrepreneurship
Activity 2. Read and analyze the competencies below that every entrepreneur should develop
and identify whether this refers to Personal Competencies, Interpersonal
Competencies, or Business Competencies. Write your answer in the space provided.
1. Emotional balance
6. Resource Management skill
2, Negotiation skills
7. Resiliency
3. Leadership skills
8. human relation
4. Persistence
9. Respect
5. Charisma
10. Tenacity
Activity 3. Word Search: Please search for the ten (10) competencies of an
entrepreneur in the box below. Clues are provided. Encircle the word in the box and
write it before the clue.
Competencies of Entrepreneur
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Clues:
_______________1. Showing assurance and self-reliance
_______________2. Firmly resolved
_______________3. Capable of devising ways and means
_______________4. Showing initiative and willingness to undertake new projects
_______________5. Having the quality of something created rather than imitated
_______________6. Introduce something new or different
_______________7. As good as or better than others of a comparable nature
_______________8. The act or fact of doing something that involves danger
9
Learning Module for Entrepreneurship
_______________9. Habitually engaged in earnest and energetic work
_______________10. The cultivation of productive relationships for employment or
business
REMEMBER






Commonly, competencies such as risk seeking, assertiveness and vision are
considered typical of a successful entrepreneur.
Entrepreneurial behavior’ can be learned and developed.
Personal competencies – This are your abilities to ground yourself so that you
are secure and self-assured in whatever situation you may find yourself.
Interpersonal competencies - It is the ability to lead, influence, communicate,
supervise, negotiate, and control people at all levels. It is the ability to get along
with people and motivate people to perform jobs. Entrepreneurs must effectively
manage people.
Business competencies - is a set of particular abilities and knowledge that
sets a company apart from its competitors. It also refers to the key
characteristics that successful entrepreneurs should have in order to be
successful.
Entrepreneurial competencies refers to the sum total of the personality, skills
and knowledge that the entrepreneur possesses, which are necessary to
effectively perform their functions and responsibilities (Edralin, D. M., 2016).
CHECK YOUR UNDERSTANDING
DIRECTIONS: Aside from the given examples in the above discussions,
enumerate what is asked in the box. Write your answer in the space
provided.
Competencies in Entrepreneurship
Personal Competencies:
1.
2.
Interpersonal Competencies:
1.
2.
Business Competencies
1.
2.
Core Competencies:
1.
2.
Common Competencies:
10
Learning Module for Entrepreneurship
1.
2.
Job Opportunities for Entrepreneurship as a Career
Possible business venture:
1.
2.
Possible full-time job:
1.
2.
Reasons why many would like to become an entrepreneur:
1.
2.
POST-TEST
Identification. Read and analyze the statements below and identify whether it
requires a common competency or core competency. Write A if it is a common
competency and B if it is a core competency. Write your answer in the space provided.
_________1. Writing business correspondence.
_________2. Preparing income statement
_________3. Designing for packaging and labelling.
_________4. Relating with staff and co-workers.
_________5. Managing quality customer service.
_________6. Giving solution to a problem.
_________7. Coordinating with channel of distribution.
_________8. Negotiating with suppliers.
_________9. Adopting to work environment.
_________10. Able to operate computer system and applications.
Multiple Choice. Read and analyze the statements below and then write the letter of
the best answer in the space provided.
_______1. Ronald is graduating SHS. After his graduation, he is planning to put up a
computer shop. What core competency he needs to develop?
A. Arts and design
B. Systems and application
C. repairs and maintenance
D. machine and equipment
_______2. Leticia is an employee of a fast-food chain. What common competency she
needs to develop?
A. Time management
B. Managing Conflict
C. Leadership
D. Critical thinking
_______3. Mang Tomas is the owner of the Tomas Welding Shop. What common
competency he needs to develop?
11
Learning Module for Entrepreneurship
A. Change management
B. Human Relations
C. Time management
D. AB&C
_______4. If Promotions and Advertising are core competency in Entrepreneurship;
_______ is a common competency in Entrepreneurship.
A. managing sales
B. listening to the sentiments of workers
C. coordinating with partners
D. Conducting research
_______5. If good human relations is to Interpersonal Competency; Visioning is to
________.
A. Personal competency
B. Core Competency
C. Common Competency
D. Business Competency
REFLECTIVE LEARNING
SHEET
Entrepreneurship education aids students from all socioeconomic backgrounds
to think outside the box and nurture unconventional talents and skills. Hence, you
need
to
think
about
and
reflect
on
the
following
questions
(www.excite.com/education/business/entrepreneurship/careers):

How long does it take to start a career in entrepreneurship?
The amount of time it takes to make it as an entrepreneur depends on the field
you choose to venture into. Since entrepreneurs can exist in any sector of the
economy, there is a vast and almost never-ending list of paths to choose from.
Therefore, you cannot define a single time-frame for careers in entrepreneurship.

What are the requirements for a career in entrepreneurship?
The first thing you need to do is find the right business idea and get education
according to it. You will then need to make a business plan and define your target
market. Once you have established these, you should start networking and selling
your idea into your targeted market.

How much can I make with a career in entrepreneurship?
The salary figures for entrepreneurs vary according to the field they venture into
and how well their idea sells in the market. If your idea is unique and useful, you
might end up making a lot of money.

What skills do I need for entrepreneurship career?
To become a successful entrepreneur, you must demonstrate good skills and
should be educated in the field. Some skills that can turn out to be useful are:
communication skills, leadership skills, analysis skills, decision making skills,
problem solving skills, critical thinking skills, and management skills.
12
Learning Module for Entrepreneurship
Congratulations! You are almost done in this module. Please write your idea
on the situation below.
DIRECTIONS: As would-be Entrepreneur, you are tasked to write down at
least 3 career opportunities which attract you most. Indicate what
competencies you need to enhance in order to become successful in these
opportunities. Write your answer in the space provided.
______________________________________________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________
E-SITES
To further explore the concept learned today; please watch the video about
“Young Entrepreneurs Success Story”. Follow the link below:
www.youtube.com/watch?v=j7wZogQhmFE
REFERENCES
Books
1. Edralin, D. M. (2016). Entrepreneurship. Vibal Group Inc. Quezon City
2. Longenecker, J. G. (2016). Entrepreneurship. JO-ES Publishing House, Inc.
Valenzuela City
Websites
1. Doyle, A. (2020). The Best Jobs for Aspiring Entrepreneurs. Retrieved from:
https://www.thebalancecareers.com/best-jobs-for-aspiring-entrepreneurs4160409
2. Shukla, A. (2009). Top 7 Personal Competencies of an Entrepreneur. Retrieved
from: https://www.paggu.com/entrepreneurship/top-7-personal-competenciesof-an-entrepreneur/
3. Tarver,
E.
(2019).
Interpersonal
Skills.
Retrieved
https://www.investopedia.com/terms/i/interpersonal-skills.asp
from:
4. Personal
Entrepreneurial
Competencies
(PECS).
https://www.mustangbols.com/animation-2d/pecs
from:
13
Retrieved
Learning Module for Entrepreneurship
5. Three competencies every entrepreneur should develop. Retrieved from:
https://www.ideasforleaders.com/ideas/three-competencies-everyentrepreneur-should-develop
6. Definition
of
terms.
webster.com/dictionary
Retrieved
from:
7. Personal Competencies Dictionary. Retrieved from:
hr/_resources/documents/CompetencyDictionary.pdf
https://www.merriamhttps://udayton.edu/
8. Emotional Intelligence and Personal Competence. Retrieved from: www. freemanagement-ebooks.com/faqpp/understanding-07.htm
9. What Is the Definition of Interpersonal Competence? Retrieved from:
https://www.reference.com/world-view/definition-interpersonal-competencef91084426191b7ca
10. Examples
of
Business
Competency.
Retrieved
https://yourbusiness.azcentral.com/examples-business-competency9072.html
from:
11. What Entrepreneurship is: Competencies and Development. Retrieved from:
https://baseread.com/what-entrepreneurship-is-competencies-anddevelopment/
12. The 3 core competencies entrepreneurs must master to succeed. Retrieved
from:
https://www.bizjournals.com/bizjournals/how-to/growthstrategies/2017/04/the-3-core-competencies-entrepreneurs-must-master.html
13. The Definition of Core Competency in Relation to Business. Retrieved from :
https://www.thebalancesmb.com/core-competency-in-business-2948314
14. Competency Descriptors. Retrieved from: https://
standard/standard/Common_ Competencies.pdf
www.ifpm.nifc.gov/
15. Careers
in
Entrepreneurship.
Retrieved
http://www.excite.com/education/business/ entrepreneurship/careers
from:
16. 50 Best Small Scale Cottage Industry Business ideas for 2020. Retrieved from:
https://www.profitableventure.com/cottage-industry-business-ideas/
17. Reasons
People
Become
Entrepreneurs.
Retrieved
from:
https://www.scu.edu/illuminate/thought-leaders/drew-starbird/7-reasonspeople-become-entrepreneurs.html
14
Learning Module for Entrepreneurship
Acknowledgement
Writers:
Editors:
Farida F. Tallud, DBM
Jupiter Q. Whiteside, MBA
Isabel A. Gumaru, DBA
Clarabelle V. Dalimit, DEM
Evaluator: Ellaine I. Dela Cruz, DBA
Validators & Reviewers: Remylinda T. Soriano, EPS, Math
Angelita Z. Modesto, PSDS
George G. Borromeo, PSDS
Management Team: Maria Magdalena M. Lim-Schools Division
Superintendent-Manila, Aida H. Rondilla-Chief Education Supervisor
Lucky S. Carpio-EPS and Lady Hannah C Gillo, Librarian II-LRMDS
15
Learning Module for Entrepreneurship
ANSWER KEY
PRE-TEST
Competencies in Entrepreneurship
1.
2.
3.
4.
5.
Job opportunities for Entrepreneurship
as a career
1. Store owner
2. Sales
3. Online seller
4. Food processing
5. Repair shop owner
Analyzing
Decision making
Problem solving
Collaborating
Budgeting
LOOKING BACK TO YOUR LESSON
1. Competency – this refers to a possession of sufficient skill
2. Job Opportunity – refers to a good chance of employment
3. Enterprise – it is the undertaking of activities associated with the production,
sale or distribution of products or services.
4. Creative thinking - the process of thinking carefully about a subject or idea,
without allowing feelings or opinions to affect you
5. Managing Change - the planning and introducing of new processes, methods of
working, etc. in a company or organization
ACTIVITIES
Activity 1. True or False
1.
2.
3.
4.
5.
True
False
True
True
True
6. False
7. False
8. True
9. True
10. False
Activity 2. Identification
1. Personal Competency
2, Business Competency
3. Business Competency
4. Personal Competency
5. Interpersonal Competency
6. Business Competency
7. Personal Competency
8. Interpersonal Competency
9. Interpersonal Competency
10. Personal Competency
Activity 3. Word search
Confident
Determined
Resourceful
Enterprising
Creative
Innovative
Competitive
Risk Taking
Hardworking
Networking
16
Learning Module for Entrepreneurship
Check your understanding
Competencies in Entrepreneurship
Personal Competencies:
1. Resilient
2. Self-reliant
Interpersonal Competencies:
3. Networking
4. Collaborating
Business Competencies
5. Business strategy
6. Product Innovation
Core Competencies:
7. Customer service
8. Managing staff
Common Competencies:
9. Ability to adapt to change
10. Good relationship with supervisors and co-workers
Job Opportunities for Entrepreneurship as a Career
Possible business venture:
11. Food processing
12. Merchandising
Possible full-time job:
13. Cash register
14. Store manager
Reasons why many would like to become an entrepreneur:
15. Self-fulfillment
16. Earn income/livelihood
Post – test
Identification
1. A
2. B
3. B
4. A
5. B
6. A
7. B
8. B
9. A
10. A
Multiple Choice
1.
B
2.
A
3.
D
4.
B
5.
D
17