2. ENTREPRENEURSHIP IN
COMMERCIAL COOKING
Entrepreneur – a person who organizes,
develops, operates, and engages in his/her own
business
Entrepreneurship – organizing, developing,
operating, and engaging in one’s own business
Personal Entrepreneurial Competencies (PECS)
– qualities, characteristics, skills, abilities,
knowledge, and behavior that a person must
possess to become a successful entrepreneur
6. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Commitment and Willingness to Work – you should
be willing to invest money, time, and effort in your
business. You should be ready to work in long hours
and under pressure, and set aside personal activities
in favor of work
8. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Desire to Earn Profit – you should be able to supervise your
business closely to immediately resolve any problem that
can possibly result to reduce income
9. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Reliability and Integrity
– you should be able to
keep your good name
and reputation by being
fair and honest in
dealing with others,
being true to your
words, and doing what
is right without
compromise
12. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Willingness to Listen and Respond – you should be
able to talk and listen to fellow entrepreneurs, bank
officials, and business advisers for ideas that inspire
and guide your business