DEPARTMENT OF EDUCATION
Region XII
Division of Cotabato
MATALAM NATIONAL HIGH SCHOOL
Linao, Matalam, Cotabato
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SENIOR HIGH SCHOOL DEPARTMENT
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Achieving Excellence Together!
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Learning
Objectives:
1. define entrepreneurship
and entrepreneur;
2. identify common elements
of entrepreneurship; and
3. discuss the history of
Entrepreneurship.
MATALAM NATIONAL HIGH SCHOOL
LINAO, MATALAM, COTABATO
SENIOR HIGH SCHOOL DEPARTMENT
MATALAM NATIONAL HIGH SCHOOL
LINAO, MATALAM, COTABATO
SENIOR HIGH SCHOOL DEPARTMENT
MATALAM NATIONAL HIGH SCHOOL
LINAO, MATALAM, COTABATO
SENIOR HIGH SCHOOL DEPARTMENT
MATALAM NATIONAL HIGH SCHOOL
LINAO, MATALAM, COTABATO
SENIOR HIGH SCHOOL DEPARTMENT
Who is an
Entrepreneu
r?
The term “entrepreneur” has a French
source
and was coined from the words entre, which
means
“between,” and prendre, which means, “to take.”
An entrepreneur is a unique individual with
the innate ability and extraordinary dedication to
establish and manage a business, recognizing all
the risks, and reaping their rewards.
It is not a career that anyone will simply
jump into after you plan to do so. It needs a
diverse business experience to be called one,
ranging from advertising and marketing
MATALAM NATIONAL HIGH SCHOOL
LINAO, MATALAM, COTABATO
SENIOR HIGH SCHOOL DEPARTMENT
Who is an
Entrepreneu
r?
“Someone who recognizes
opportunities, strategies, mobilizes
resources, manages, and accepts the
risks of a business to have a positive
impact on society.”
The person behind the
entrepreneurship, having certain
characteristics and diverse traits that
make him unique.
MATALAM NATIONAL HIGH SCHOOL
LINAO, MATALAM, COTABATO
SENIOR HIGH SCHOOL DEPARTMENT
Is a proactive process of developing a profitmaking business venture. It involves
searching for market opportunities,
establishing and operating a business out of
the opportunity, and assessing its risks and
What is
rewards by closely monitoring the
Entrepreneurship? operations. The creation of a sound business
plan, together with the efficient and
effective operation of the business will
benefit not only the entrepreneur but the
whole society and the economy as well.
MATALAM NATIONAL HIGH SCHOOL
LINAO, MATALAM, COTABATO
SENIOR HIGH SCHOOL DEPARTMENT
An activity that includes the
discovery, evaluation, and
exploitation of opportunities
What is
to introduce new goods and
Entrepreneurship?
services.
Having profited from bearing
uncertainty and risk (Knight
1921, 3)
MATALAM NATIONAL HIGH SCHOOL
LINAO, MATALAM, COTABATO
SENIOR HIGH SCHOOL DEPARTMENT
 Capacity for innovation,
investment, and expansion in new
markets, products, and techniques.
(Fajardo, 1994, 4)
What is
The opportunity to know what
Entrepreneurship?
goods and services people need
and to be able to deliver them at
the right time, in the right place, at
the right price for the right people.
MATALAM NATIONAL HIGH SCHOOL
LINAO, MATALAM, COTABATO
SENIOR HIGH SCHOOL DEPARTMENT
Common
Elements
 Innovation
 Opportunity Seeking and
Exploitation
 Resource mobilizing
 Encountering risk and
uncertainties
 Economic and personal
rewards
MATALAM NATIONAL HIGH SCHOOL
LINAO, MATALAM, COTABATO
SENIOR HIGH SCHOOL DEPARTMENT
 The origins of entrepreneurship can be traced to capitalism,
which is an economic, political, and social system that has origins
in the desire of private citizens to produce goods and services
that the public needs.
The main characteristics of capitalism is the right to own
private property, which can include lands, buildings, knowledge,
patents, know-how, processes, and whatever assets that are used in
creating profit.
MATALAM NATIONAL HIGH SCHOOL
LINAO, MATALAM, COTABATO
SENIOR HIGH SCHOOL DEPARTMENT
 The writers of entrepreneurship, Hirsch, Peter, and
Shepherd regard Marco Polo as an early entrepreneur looking
for new routes of transport, and with the aid of capitalproviding financiers, arranged journey leading to the
procurement and selling of goods using the newly developed
routes.
 Over the years, many ideas on entrepreneurship have
evolved, such as the crucial role of innovation and the
MATALAM NATIONAL HIGH SCHOOL
LINAO, MATALAM, COTABATO
SENIOR HIGH SCHOOL DEPARTMENT
 In the Philippines, entrepreneurship is seen as necessary
to empower the poor; boost development and stimulate
innovation. Philippine Constitution of 1987 recognizes
entrepreneurship as a driving force for economic growth.
MATALAM NATIONAL HIGH SCHOOL
LINAO, MATALAM, COTABATO
SENIOR HIGH SCHOOL DEPARTMENT
 Former President Gloria Arroyo issued E.O. 470 in 2005
establishing the Youth Entrepreneurship Program as a
response to the global call for young people to become
involved in economic development and nation building.
MATALAM NATIONAL HIGH SCHOOL
LINAO, MATALAM, COTABATO
SENIOR HIGH SCHOOL DEPARTMENT
 Mr. Joey Concepcion is one of the Go Negosyo founder, a
national organization that encourages entrepreneurship. He
also organizes YES (Young Entrepreneurs Seminars)
featuring business tips, advice, and opportunities for young
people who want to pursue entrepreneurship.
MATALAM NATIONAL HIGH SCHOOL
LINAO, MATALAM, COTABATO
SENIOR HIGH SCHOOL DEPARTMENT
Activity 1: Name It!
Directions: Fill out the table below by listing down 5 small businesses
operating in your community. What are the goods and services these
businesses offer? Take note that businesses seem to be attracting
many customers. If you were also a customer who buys from these
businesses, reflect on what makes you buy from them.