QUARTER 1 – MODULE 1 PERSONAL ENTREPRENEURIAL COMPETENCIES Prepared by: LEAH ROBELYN CORRIDOR OBJECTIVES: (At the end of the lesson, the learner should be able to: define entrepreneur and entrepreneurship; describe and identify the characteristics of an entrepreneur; and understand the importance of the entrepreneur and entrepreneurship in the community. • Find at least five (5) words that best describe /define a good entrepreneur. O B N D T A D H H A D E T T I M M O C F G S A P C A V E R T W E R E T O H O P E W I N T E A P S H J E R T Y U I O P A S D X S F G E F D G O A L S E T T E R T D G E T C W E R T F B S D T Z C V B N M N G R E S C E E R U M G S D G H U E R T Y U I J F D D R L D E S R H B O R G A N I Z E D V B G C E A L C D T E A R Q S E A S I Q S D F H Y V E Z E V E U V R F W D W D W B T S D F H H F P Y N T E P L D T E F R E E U Z Y S D G V D U Y T G S E O W G R G G N R S A S S B V B S N E P B R D S O R T H E Y E Y S L V L F V D A L N D U M R B Y J H I W N D W E R E D H E R A H I F E K E Y K T S O R I S K T A K E R N N Y R C L I D U W M L L E F H E A D R E E M N N E K B N C I E A I F E G F E E T W R R A E U C E O G V O R I E D T H H J A I R T W N R M T R R S S D F G H J K L D G H T N E T S I S R E P E O I M M O C F G A P C A V E R T W E R E T O H O P E W I N E A P S H J E R T Y U I O P A S D X S F G F D G O A L S E T T E R T D G E T C W E R F B S D T Z C V B N M N G R E S C E E R U G S D G H U E R T Y U I J F D D R L D E S H B O R G A N I Z E D V B G C E A L C D T A R Q S E A S I Q S D F H Y V E Z E V E U R F W D W D W B T S D F H H F P Y N T E P D T E F R E E U Z Y S D G V D U Y T G S E W G R G G N R S A S S B V B S N E P B R D O R T H E Y E Y S L V E L F V D A L N D U R B Y J H I W N D W E R E D H E R A H I F K E Y K T S O R I S K T A K E R N N Y R C I D U W M L L E F H E A D R E E M N N E K N C I E A I F E G F E E T W R R A E U C E G V O R I E D T H H J A I R T W N R M T R S S D F G H J K L D G H T N E T S I S R E B N D T A D H H A D E T T S T E T M R E V L O S M E L B O R P • Entrepreneurs are people with skills and capabilities to see and evaluate business opportunities. • Entrepreneurs are agents of economic change; they manage and assume risks of a business. • E n t r e p r e n e u r s a r e o p p o r t u n i t y - s e e k e r, r i s k t a k e r, g o a l s e t t e r, e x c e l l e n t p l a n n e r, p r o b l e m s o l v e r, h a r d w o r k i n g , p e r s i s t e n t a n d c o m m i t t e d . • Entrepreneurship is not just a simple business activity but a strategic process of innovation and new product venture creation. • Get ¼ sheet of paper. • Match the entrepreneurial competencies in column A with their meaning in column B. • Answer the following questions within eight (8) minutes. Write only the letter of the correct answer. A 1. CREATIVE B a. makes wise decisions towards the set objectives 2. PROFIT-ORIENTED b. strategic thinking and setting of goals 3. DISCIPLINED c. trusting in one’s ability 4. SOUND DECISION MAKER d. adoptable to change 5. POSSESS PEOPLE SKILLS e. innovates to have an edge over other competitors 6. EXCELLENT PLANNER f. solid dedication 7. CONFIDENT g. skillful in record keeping 8. HARDWORKING h. always sticks to the plan 9. ABILITY TO ACCEPT CHANGE i. work diligently 10. COMMITTED j. effective and efficient communication skills and relates well to people k. always looking for an opportunity to have/earn income Questions: 1. Explain why entrepreneurial activities are important to social development and economy progress. 2. What entrepreneurial activities related to wellness massage do you know and are capable of doing? 3. If you were given the opportunity to own a business that relates to wellness massage, do you think you will be confident to manage it? Explain your answer. 4. What do you think are the most important competencies one must possess in order to be successful in running a chosen business? 5. Name successful entrepreneurs for your province whose businesses are related to wellness massage. Make sure you will be able to share with the class the PECs that made them successful. “When you find an idea that you just can’t stop thinking about, that’s probably a good one to pursue.” -Josh James, co-founder and CEO Omniture, founder and CEO Domo