The document discusses entrepreneurship as a career path. It defines entrepreneurship as designing, launching, and running a new business, and an entrepreneur as someone who recognizes opportunities and takes risks to start a business venture. It outlines five levels of entrepreneurial development from self-employed to true entrepreneur. It also lists common traits of entrepreneurs like self-awareness, courage, and perseverance. The document emphasizes the importance of entrepreneurship for job creation, economic growth, and introducing new products and services. It identifies some core competencies and common small business opportunities in the Philippines.
This is the first session of 3 consecutive sessions covering the Topics of Entrepreneurship and Small Business Management conducted for Pearson's BTEC in Business Management.
In this lecture we capture the essence of Entrepreneurship. Types of entrepreneurs and an emphasis on the concept of Social Entrepreneurship.
This is the first session of 3 consecutive sessions covering the Topics of Entrepreneurship and Small Business Management conducted for Pearson's BTEC in Business Management.
In this lecture we capture the essence of Entrepreneurship. Types of entrepreneurs and an emphasis on the concept of Social Entrepreneurship.
This lesson will teach you the basics of entrepreneurship beginning with what role it plays in society and the economy. You will also know key concepts of common and core competencies which are required skills to become a successful entrepreneur. You will be able to understand the pros and cons of being an entrepreneur as compared to being an employee. A total persona of an entrepreneur will be included to you, including the characteristics, behaviors, activities, values, and mindset. Last, you will be exposed to the various exciting career opportunities in line with being an entrepreneur.
Concept of Entrepreneurship
Entrepreneurship is the ability and readiness to develop, organize and run 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.
What Is Entrepreneurship
In economics, entrepreneurship connected with land, labour, natural resources and capital
can generate a profit. The entrepreneurial vision is defined by discovery and risk-taking and
is an indispensable part of a nation’s capacity to succeed in an ever-changing and more
competitive global marketplace.
Meaning of Entrepreneur
The entrepreneur is defined as someone who has the ability and desire to establish,
administer and succeed in a startup venture along with risk entitled to it, to make profits. The
best example of entrepreneurship is the starting of a new business venture. The
entrepreneurs are often known as a source of new ideas or innovators, and bring new ideas
in the market by replacing old with a new invention.
It can be classified into small or home business to multinational companies. In economics, the
profits that an entrepreneur makes is with a combination of land, natural resources, labour
and capital.
In a nutshell, anyone who has the will and determination to start a new company and deals
with all the risks that go with it can become an Entrepreneur.
What are the 4 Types of Entrepreneurship?
It is classified into the following types:
Small Business EntrepreneurshipThese businesses are a hairdresser, grocery store, travel agent, consultant, carpenter,
plumber, electrician, etc. These people run or own their own business and hire family
members or local employee. For them, the profit would be able to feed their family and not
making 100 million business or taking over an industry. They fund their business by taking
small business loans or loans from friends and family.
Scalable Startup EntrepreneurshipThis start-up entrepreneur starts a business knowing that their vision can change the world.
They attract investors who think and encourage people who think out of the box. The research
focuses on a scalable business and experimental models, so, they hire the best and the
brightest employees. They require more venture capital to fuel and back their project or
business.
Large Company EntrepreneurshipThese huge companies have defined life-cycle. Most of these companies grow and sustain by
offering new and innovative products that revolve around their main products. The change in
technology, customer preferences, new competition, etc., build pressure for large companies
to create an innovative product and sell it to the new set of customers in the new market. To
cope with the rapid technological changes, the existing organisations either buy innovation
enterprises or attempt to construct the product internally.
Soci
This lesson will teach you the basics of entrepreneurship beginning with what role it plays in society and the economy. You will also know key concepts of common and core competencies which are required skills to become a successful entrepreneur. You will be able to understand the pros and cons of being an entrepreneur as compared to being an employee. A total persona of an entrepreneur will be included to you, including the characteristics, behaviors, activities, values, and mindset. Last, you will be exposed to the various exciting career opportunities in line with being an entrepreneur.
Concept of Entrepreneurship
Entrepreneurship is the ability and readiness to develop, organize and run 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.
What Is Entrepreneurship
In economics, entrepreneurship connected with land, labour, natural resources and capital
can generate a profit. The entrepreneurial vision is defined by discovery and risk-taking and
is an indispensable part of a nation’s capacity to succeed in an ever-changing and more
competitive global marketplace.
Meaning of Entrepreneur
The entrepreneur is defined as someone who has the ability and desire to establish,
administer and succeed in a startup venture along with risk entitled to it, to make profits. The
best example of entrepreneurship is the starting of a new business venture. The
entrepreneurs are often known as a source of new ideas or innovators, and bring new ideas
in the market by replacing old with a new invention.
It can be classified into small or home business to multinational companies. In economics, the
profits that an entrepreneur makes is with a combination of land, natural resources, labour
and capital.
In a nutshell, anyone who has the will and determination to start a new company and deals
with all the risks that go with it can become an Entrepreneur.
What are the 4 Types of Entrepreneurship?
It is classified into the following types:
Small Business EntrepreneurshipThese businesses are a hairdresser, grocery store, travel agent, consultant, carpenter,
plumber, electrician, etc. These people run or own their own business and hire family
members or local employee. For them, the profit would be able to feed their family and not
making 100 million business or taking over an industry. They fund their business by taking
small business loans or loans from friends and family.
Scalable Startup EntrepreneurshipThis start-up entrepreneur starts a business knowing that their vision can change the world.
They attract investors who think and encourage people who think out of the box. The research
focuses on a scalable business and experimental models, so, they hire the best and the
brightest employees. They require more venture capital to fuel and back their project or
business.
Large Company EntrepreneurshipThese huge companies have defined life-cycle. Most of these companies grow and sustain by
offering new and innovative products that revolve around their main products. The change in
technology, customer preferences, new competition, etc., build pressure for large companies
to create an innovative product and sell it to the new set of customers in the new market. To
cope with the rapid technological changes, the existing organisations either buy innovation
enterprises or attempt to construct the product internally.
Soci
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We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
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An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
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This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
2. Slide Title
• What will you do if you suddenly
stopped college education due to
some unfortunate circumstances
such as marrying early, financial
problem and etc.?
8. • Based on the top successful
entrepreneurs above, what do
you think is their commonality?
• How did
entrepreneurship
become a path of
their success?
9. What is entrepreneurship?
• Entrepreneurship is the
process of designing,
launching, and running a
new business which is often
initially a small business.
10. • Entrepreneurship means the
entrepreneurial actions and
managerial behavior of an individual
which is characterized by willingness
to take the risks and invest resources
to produce something new, create new
designs that already exist and to create
new markets.
11. What is entrepreneur?
• An entrepreneur is a person
who recognizes opportunities
and gaps in the market. They
are people who own, operate,
and take risk of business
venture.
12. FIVE LEVELS OF ENTREPRENEURIAL
DEVELOPMENT
1. The self-employed.
Self-employed persons are, simply put, not
comfortable with routines of a desk job.
They do not want to conform to a fixed
working schedule. They want to do things in
their own way and start to feel agitated
when controlled by the powers-that-be.
13. FIVE LEVELS OF ENTREPRENEURIAL
DEVELOPMENT
2. The manager.
In this level, entrepreneurs feel the need
to step up and ask some help from the
people around them. They delegate and
hire potential employees to do the work.
14. FIVE LEVELS OF ENTREPRENEURIAL
DEVELOPMENT
3. The leader.
Entrepreneurs in this level already enjoy
seeing their people flourish, stepping up and
producing great results with minimal
supervision. Unlike before where they are in
charge of virtually everything, they can now
sleep peacefully at night and have more
freedom and time for themselves.
15. FIVE LEVELS OF ENTREPRENEURIAL
DEVELOPMENT
4. The investor
Investors look for more opportunities for
their business to grow. They may either
purchase one or two business that can
potentially add value to the company, or
sell their established business (as a
franchise) to potential entrepreneurs.
16. FIVE LEVELS OF ENTREPRENEURIAL
DEVELOPMENT
4. The true entrepreneur
True entrepreneurs, based on their
experience, now aim for quality and
excellence in their work. Entrepreneurs start
to create plans to make the dream a reality.
They have fully learned, and continue to
practice, a four steps process of thinking.
17. Different field or expertise of an
Entrepreneur
A. Technopreneur puts technology
at the core of his or her business
model.
18. Different field or expertise of an
Entrepreneur
B. Social Entrepreneur recognizes
the country’s social problems and
turns them to profitable institutions
with the intention of helping the
disadvantage community rather than
making a profit.
19. Different field or expertise of an
Entrepreneur
C. Intrapreneur is an
entrepreneur in a large company
or corporation who is tasked, to
think, establish, and run a new big
idea of a project.
20. Different field or expertise of an
Entrepreneur
D. Extrapreneur is an
entrepreneur who hops from one
company to another to act as the
innovation champion, providing
creative and efficient solutions.
42. Economic and Dynamic Activity
Entrepreneurship is an economic
activity because it involves the
creation and operation of an
enterprise with a view to creating
value or wealth by ensuring optimum
utilization of limited resources.
46. Sari-sari store Street food business. Baking business
Rice retailing Tutorial business Water station
Food cart
business.
Buy and sell business. Bar, Café,
restaurant
Printing business. Direct selling
business
Online selling
business.
Flea market
business or
tiangge.
Laundry and dry
cleaning business
Car wash and car
care business
Spa, gym, and
nail care business
Cellphone loading
business.
Video and
photography
business
Website
development and
design/blogging
Hair styling and make
up business
Here is a list of the most common small businesses in the
Philippines.
47.
48. Slide Title
Product A
• Feature 1
• Feature 2
• Feature 3
Product B
• Feature 1
• Feature 2
• Feature 3
Editor's Notes
Loyd Shefsky in his book entitled “entrepreneurs are made not born”, defined entrepreneur by dissecting the word into three parts as follows:
entre means to enter
pre means before
neur means nerve center
The word “entrepreneur” was derived from the French verb enterprendre,
which means “to undertake.” This is pinpointing to those who “undertake” the risk of
enterprise. The enterprise is created by an entrepreneur and the process is called
“Entrepreneurship.”
Millions of unemployed people will have the opportunities to have a decent occupation. Small businesses produce jobs and wealth.
A simple eatery in a rural area and a coffee shop in an urban area both ignite economic activity regardless of their business scale.
New products and services are always available in the market because of the ingenuity of entrepreneurs to seek opportunities and improve on them.
How can you look good if not for the services of your nearby salon or barber shop? How can your day be complete without the food that a nearby eatery cooks? How can you live without the sari-sari store near your house where you buy your basic needs?
It balances the economy by disturbing national income to more businesses rather than to only few monopolies.
It makes sure local resources are used properly and that every area has an appropriate allocation of resources.
Imagine if there are no or only few sari-sari or supermarket stores in your area. All of you will then fight for the good supplies because the store cannot supply all your needs.
A country with more entrepreneurs is highly likely to become financially independent and will less likely need the help of other countries. This also applies to family, barangays, and cities. Entrepreneurship creates wealth instead of barrowing wealth.
Start a business that is based on your expertise in a specific field and focus your involvement in an area that you thoroughly enjoy.
This is one of the most important traits of successful entrepreneurs. This is the characteristics that gets you going and keeps you moving when you are in business for yourself.
The willingness to take risks when you striving for success in business. As an entrepreneur, he/she has the willingness
to take a chance and hope for a positive response to the request.
As an entrepreneur, you need patience especially when there are times when you feel like the roof is craving in especially when your supplier seems to be taking their own sweet time in fulfilling an important order or when customer’s demands seem to be unrealistics.
One of the proverbs you will hear rhyme and time again when talking to entrepreneurs is that perseverance is 90% of the battle to succeed. pagtitiyaga
Sometimes an entrepreneur, who overcomes obstacles or stumbling block, does not view it as problems but rather as challenges. He/she does not give up easily but always possesses a very energetic and positive stance toward every problem that come along the way. Pagtitiyaga
Some businesses fail because they lack the experience. If you are planning to start a business, you must have the experience because this is the key component for growth.
To have an experience in business is not enough. As an entrepreneur, you have a better chance to succeed by knowing the factors to be considered in putting up a business.
As entrepreneurs, you make decisions. Being creative or innovative, entrepreneurs always make decisions on how to improve your products, how to create new markets, how to satisfy your customers and of course how to increase profits. Mapagpasya
Those who have the willingness to accept responsibility, possess vigor, initiative and health have the drive.
A country with more entrepreneurs is highly likely to become financially independent and will less likely need the help of other countries. This also applies to family, barangays, and cities. Entrepreneurship creates wealth instead of barrowing wealth.
