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ENTREPRENEURSHIP
LESSON 1
ENTREPRENEURSHIP
Objectives:
 Discuss the relevance of the course;
 Explain the key concepts of common competencies;
 Explain the core competencies in Entrepreneurship;
and
 Explore job opportunities for Entrepreneurship as a
career.
What is
ENTREPRENEURSHIP?
ENTREPRENEURSHIP
The ability, willingness and readiness to
develop, organize and manage a business
enterprise, along with any of its uncertainties
in order to make a profit. The most prominent
example of entrepreneurship is the starting of
new businesses.
ENTREPRENEURSHIP
Teach us to:
 create opportunity
 ensures social justice
 instills confidence
 stimulates the economy
 take risks
 fail and to persevere
 become creative, inventive and innovative
ENTREPRENEURSHIP
Most people earn their money by working in a
business; they are somehow engaged in the buying and
selling of products and services in order to earn money.
Product - is something that is tangible and exists in
nature or is made by people.
Service - is tangible work that provides time, skills, or
expertise in exchange for money.
Employee - Someone who earns a living by working for
someone else’s business.
Entrepreneur
People who have their own business, work for
themselves and are called business owners.
People who have the ability to see and
evaluate business opportunities, together with
the necessary resources to take advantage of
them, and to ensure appropriate action to ensure
success.
What Makes Someone
an Entrepreneur?
Creativity
Innovation
Leadership
Passion
Risk-Bearing
Self-confidence
Why should becoming
an entrepreneur be
any different?
Required Education
Educational requirements for entrepreneurs are
nonspecific. All entrepreneurs need capital, so the
ability to write an effective business plan is vital.
Required Skills
Tolerance for risk taking and a willingness to leave
the security of a conventional and tedious job.
Career Outlook
Earnings for entrepreneurs vary drastically, and
income is often unstable, especially in the early day of
a new business.
Thank You!!!

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LESSON-1.pptx

  • 3. ENTREPRENEURSHIP Objectives:  Discuss the relevance of the course;  Explain the key concepts of common competencies;  Explain the core competencies in Entrepreneurship; and  Explore job opportunities for Entrepreneurship as a career.
  • 5. ENTREPRENEURSHIP The ability, willingness and readiness to develop, organize and manage a business enterprise, along with any of its uncertainties in order to make a profit. The most prominent example of entrepreneurship is the starting of new businesses.
  • 6. ENTREPRENEURSHIP Teach us to:  create opportunity  ensures social justice  instills confidence  stimulates the economy  take risks  fail and to persevere  become creative, inventive and innovative
  • 7. ENTREPRENEURSHIP Most people earn their money by working in a business; they are somehow engaged in the buying and selling of products and services in order to earn money. Product - is something that is tangible and exists in nature or is made by people. Service - is tangible work that provides time, skills, or expertise in exchange for money. Employee - Someone who earns a living by working for someone else’s business.
  • 8. Entrepreneur People who have their own business, work for themselves and are called business owners. People who have the ability to see and evaluate business opportunities, together with the necessary resources to take advantage of them, and to ensure appropriate action to ensure success.
  • 9. What Makes Someone an Entrepreneur?
  • 16. Why should becoming an entrepreneur be any different?
  • 17. Required Education Educational requirements for entrepreneurs are nonspecific. All entrepreneurs need capital, so the ability to write an effective business plan is vital. Required Skills Tolerance for risk taking and a willingness to leave the security of a conventional and tedious job. Career Outlook Earnings for entrepreneurs vary drastically, and income is often unstable, especially in the early day of a new business.