SlideShare a Scribd company logo
1 of 21
DISCOVERING YOURSELF
4/28/2023 Entrepreneurship and Small Business Management 1
Session Rationale
It is important for the learners to learn and realize their
personality in order to see whether entrepreneurship is
for them.
 The personality may assist/help learners chose a
business that will be enjoyable rather than a punishment.
 What they enjoy doing has a relationship with type of
personality they have.
4/28/2023
Entrepreneurship and Small Business
Management 2
Entrepreneurial Attributes/features
An entrepreneur needs positive, confidence personal
talents, skills and experiences to establish and manage an
enterprise.
 An entrepreneur is an individual who through socialization
and formal education and training has gain knowledge
and skills that should be applied in the business.
 Discovery oneself also helps in understanding your
strong and weak points.
It assists in realizing that one needs the support of others
to succeed in business. 3
Session Learning Objectives
On completion of this session, the trainee will be able to:
A) Describe and explain personal attributes and talents.
B) Identify-recognize personal attributes and talents.
C) Relate talents and attributes to entrepreneurial success.
4/28/2023 Entrepreneurship and Small Business Management 4
Learner Activities/Environment
In this session Learners will describe the terms “personal
attributes.
 Learners will identify how a business person interview
him/her self and identify the talents and attributes he/she
may have.
for instance every person must provide a detail and
possible answer regarding terms “personal attributes”.
4/28/2023 Entrepreneurship and Small Business Management 5
What Are Personal Attributes and Talents
You have personal attributes and talents that can
make you succeed in business.
 Personal attributes and talents are the right skills and
abilities for the job.
 A successful career in business depends o your
personality, interests, skills and values.
 So what are your personality, interests, skills and
values? The sum total of these qualities is called your
personality.
4/28/2023 Entrepreneurship and Small Business Management 6
Cont…
Understanding your personality can tell you such things as
how much support you need from other people to do
everything.
 Or are you a person who is relaxed working on your
own?
 Are you an organized person or otherwise/ if not. Do you
approach everything careful and caution or you one who
goes through with anything without concern?
 It is important for you learn if your personality in order
4/28/2023 Entrepreneurship and Small Business Management 7
Cont…
 Please you must realize although that your personality
may assist you chose a business that will be enjoyable
rather than a punishment.
 What you enjoy doing has a relationship with type of
personality you have.
4/28/2023
Entrepreneurship and Small Business
Management 8
Identifying Personal Attributes and
It is useful and important to identify your personal
attributes, so that you will be able to decide on what
type of business is suitable you. On the other hand, These
attributes will also be useful in identifying business
opportunities, establishing the business, managing the business
and initiating its growth.
Ask yourself the following questions:
Do you like to work with machines and tools?
Do you like to observe, learn, examine/scan, analyze, and solve
problems?
Do you like to use your imagination or creativity to solve
problems?
Entrepreneurship and Small Business Management 9
Applying talents and attributes to
entrepreneurial success
 Keep in mind, There are a number of skills you'll need to
succeed as an entrepreneur.
 You should not worry if you do not possess them all.
As an entrepreneur you can always employ people with those
skills to add to your abilities.
Below are skills you may need now or later to help you in
business:
4/28/2023 Entrepreneurship and Small Business Management 10
①. Interpersonal Skills
Interpersonal skills are the skills we use every day when we
communicate and interact with other people, both individual and
groups. They include and contain a wide range of skills, but
particularly communication skills such as listening, and effective
speaking they also include the ability to control and manage your
emotion.
Interpersonal skills are the behaviors and tactics a person uses to
interact with others effectively.
As an entrepreneur you should have good communication skills. Your
ability to freely mix with many people is a valuable asset that is worthy
more than the money you may have in a bank. When people like you,
its is very likely they will like your business too.
4/28/2023
Entrepreneurship and Small Business
Management 11
This definition means that interpersonal skills
therefore include:
(A) Communication skills,
which in turn covers
(B) verbal communication
- what we say and how we say it;
(C) Non – verbal communication
what we communicate without words, for example
through mails or body language.
(D) Listening skills
How we interpret both the verbal and non-verbal
messages sent by others.
4/28/2023
Entrepreneurship and Small Business
Management 12
Cont…
(E) Emotional intelligence
 Being able to understand and manage your own and other’s
emotions.
 Also is the ability to understand, use, and manage our own
emotions in positive ways to relieve stress, communication
effectively.
(F) Team – working
Being able to work with others in groups and teams, both formal and
informal.
(G) Negotiation, persuasion, and influencing skills
Working with others to find a mutually agreeable (win/win) outcome.
This may be considered a subset of communication, but it is often
treated separately. Entrepreneurship and Small Business Management
13
(H) Conflict resolution and mediation:
Working with others to solve interpersonal conflict and
disagreement in a positive way, which again may be considered a
subset of communication.
(I) Problem solving and decision-making
Working with others to identify, define and solve problems, which
includes making decision regarding the best course of action.
4/28/2023 Entrepreneurship and Small Business Management 14
(2) Networking Skills
 Networking can be a useful business approach to establish build
partnerships and discover new business contacts.
 A successful entrepreneur is a network worker.
 You must be able to be seen and easy to remember in
gatherings.
(3). Leadership Skills
 Leadership is the ability to influence. Once you are an
entrepreneur it means you have taken up a leadership role. You
may be owner-manager – worker (OMW), the skills of
leadership is very important.
4/28/2023 Entrepreneurship and Small Business Management 15
(4). Management Skills
Management skills mean planning, organizing, leading and
controlling activities that cover operation, employees,
customer, suppliers, and government agencies.
Basic Types of Management skills
Technical skills: skills that give the manager the ability and
knowledge to use a variety of techniques to achieve their
objectives.
Conceptual skills: These involve the skills managers present in
terms of the knowledge and ability for summary thinking and
formulating ideas. 16
(5). Employee Relation Skills
Employees are the most important resource your business has. It is
essential that you manage this resource very carefully. It is a
resource that can come in today and walk out tomorrow. A good
relationship with Human resource will make your life much easier.
(6). Team Building Skills
Dear manager and owner You must build a team of essential
professionals who you share the same vision.
 You do possess/own all the needed skills and experience
assembling a team of employees, partners, accountants, your
lawyers, and bakers will take your business to a higher level.
Entrepreneurship and Small Business
Management 17
(7). Marketing and sales Skills
Marketing and selling skills are essential to bringing in revenue.
Unless/ if not the customer is aware along with alert of and
interested in what you are selling they will never buy.
 If marketing and selling are difficult employ as well as hire a
sales person.
(8). Financial Management skills
Understanding cash flow will save you business going under faster
than you can register it. The danger areas are poor working capital,
cash withdraws by the owner, credit mismanagement, and
misunderstanding of cash surplus/extra and profit.
4/28/2023
Entrepreneurship and Small Business
Management 18
(9). Time Management Skills
 Time cannot be stored for future use. It cannot be
buy/bought from a shop. It is not elastic and expandable.
You can only use or misuse time available. Time is one of
the resources whose value is underestimated until it is too
late. There a number of ways that will increase the wastage
of time namely: meetings, poor planning, repeated
interruptions, failure to list priorities, failure to delegate,
being disorganized, indiscipline and failure to say” no”.
4/28/2023 Entrepreneurship and Small Business Management 19
Cont…
 You should not worry if do not possess all of these
skills. You can employ people with those skills to add to
your abilities. Many people even those who have been
running business for many years do not have all these skills.
As an entrepreneur, however, you must learn some of these
skills to help you run the business effectively.
4/28/2023 Entrepreneurship and Small Business Management 20
END OF CHAPTER Four
4/28/2023 Entrepreneurship and Small Business Management 21

More Related Content

Similar to Discover Yourself for Entrepreneurship

How to be a small business consultant
How to be a small business consultantHow to be a small business consultant
How to be a small business consultantzubeditufail
 
1. Ent. ch. 1 ppt..pptx
1. Ent. ch. 1 ppt..pptx1. Ent. ch. 1 ppt..pptx
1. Ent. ch. 1 ppt..pptxHachaluGizaw
 
Successful Career Skills.pdf
Successful Career Skills.pdfSuccessful Career Skills.pdf
Successful Career Skills.pdfVinodkumarSwargam
 
Edu4Sure - Entrepreneurship
Edu4Sure - EntrepreneurshipEdu4Sure - Entrepreneurship
Edu4Sure - EntrepreneurshipEdu4Sure
 
Entrep & Business Planning
Entrep & Business PlanningEntrep & Business Planning
Entrep & Business Planningnone
 
Good habits of strategy execution!
Good habits of strategy execution!Good habits of strategy execution!
Good habits of strategy execution!William Malek
 
Interview with Melinda Emerson
Interview with Melinda EmersonInterview with Melinda Emerson
Interview with Melinda EmersonMiguel A. de Jesus
 
entrepreneurship
entrepreneurshipentrepreneurship
entrepreneurshipObsa2
 
Successful career skills
Successful career skillsSuccessful career skills
Successful career skillsShaikSaifulla5
 
Senior management-interviews-sample-interview-questions
Senior management-interviews-sample-interview-questionsSenior management-interviews-sample-interview-questions
Senior management-interviews-sample-interview-questionsRuwan Kannangara
 
Do you want to go into business?
Do you want to go into business?Do you want to go into business?
Do you want to go into business?Kirk Go
 
Operation Manager Interview Questions and Answers 2021
Operation Manager Interview Questions and Answers 2021 Operation Manager Interview Questions and Answers 2021
Operation Manager Interview Questions and Answers 2021 Sprintzeal
 
A Report On The Content Analysis Of Vision And Mission Statements & Environme...
A Report On The Content Analysis Of Vision And Mission Statements & Environme...A Report On The Content Analysis Of Vision And Mission Statements & Environme...
A Report On The Content Analysis Of Vision And Mission Statements & Environme...Navitha Pereira
 
Strategy & Entrepreneurship Electives.pptx
Strategy & Entrepreneurship Electives.pptxStrategy & Entrepreneurship Electives.pptx
Strategy & Entrepreneurship Electives.pptxBHUSHANKPATEL
 
Key Account Managers – Understand the Stakeholders - TLSA.pdf
Key Account Managers – Understand the Stakeholders - TLSA.pdfKey Account Managers – Understand the Stakeholders - TLSA.pdf
Key Account Managers – Understand the Stakeholders - TLSA.pdfonline Marketing
 
Content and Environment Analysis of Indian IT Companies
Content and Environment Analysis of Indian IT CompaniesContent and Environment Analysis of Indian IT Companies
Content and Environment Analysis of Indian IT CompaniesSiddharth Bhatnagar
 

Similar to Discover Yourself for Entrepreneurship (20)

How to be a small business consultant
How to be a small business consultantHow to be a small business consultant
How to be a small business consultant
 
1. Ent. ch. 1 ppt..pptx
1. Ent. ch. 1 ppt..pptx1. Ent. ch. 1 ppt..pptx
1. Ent. ch. 1 ppt..pptx
 
Successful Career Skills.pdf
Successful Career Skills.pdfSuccessful Career Skills.pdf
Successful Career Skills.pdf
 
Ibs business skills diploma
Ibs  business skills diplomaIbs  business skills diploma
Ibs business skills diploma
 
Successful career skills
Successful career skillsSuccessful career skills
Successful career skills
 
Edu4Sure - Entrepreneurship
Edu4Sure - EntrepreneurshipEdu4Sure - Entrepreneurship
Edu4Sure - Entrepreneurship
 
Entrep & Business Planning
Entrep & Business PlanningEntrep & Business Planning
Entrep & Business Planning
 
Good habits of strategy execution!
Good habits of strategy execution!Good habits of strategy execution!
Good habits of strategy execution!
 
Interview with Melinda Emerson
Interview with Melinda EmersonInterview with Melinda Emerson
Interview with Melinda Emerson
 
entrepreneurship
entrepreneurshipentrepreneurship
entrepreneurship
 
Successful career skills
Successful career skillsSuccessful career skills
Successful career skills
 
Senior management-interviews-sample-interview-questions
Senior management-interviews-sample-interview-questionsSenior management-interviews-sample-interview-questions
Senior management-interviews-sample-interview-questions
 
Wahid theory
Wahid theoryWahid theory
Wahid theory
 
Do you want to go into business?
Do you want to go into business?Do you want to go into business?
Do you want to go into business?
 
Operation Manager Interview Questions and Answers 2021
Operation Manager Interview Questions and Answers 2021 Operation Manager Interview Questions and Answers 2021
Operation Manager Interview Questions and Answers 2021
 
A Report On The Content Analysis Of Vision And Mission Statements & Environme...
A Report On The Content Analysis Of Vision And Mission Statements & Environme...A Report On The Content Analysis Of Vision And Mission Statements & Environme...
A Report On The Content Analysis Of Vision And Mission Statements & Environme...
 
Strategy & Entrepreneurship Electives.pptx
Strategy & Entrepreneurship Electives.pptxStrategy & Entrepreneurship Electives.pptx
Strategy & Entrepreneurship Electives.pptx
 
Key Account Managers – Understand the Stakeholders - TLSA.pdf
Key Account Managers – Understand the Stakeholders - TLSA.pdfKey Account Managers – Understand the Stakeholders - TLSA.pdf
Key Account Managers – Understand the Stakeholders - TLSA.pdf
 
Content and Environment Analysis of Indian IT Companies
Content and Environment Analysis of Indian IT CompaniesContent and Environment Analysis of Indian IT Companies
Content and Environment Analysis of Indian IT Companies
 
Soft skills
Soft skillsSoft skills
Soft skills
 

More from sadiqfarhan2

Economic environmenthhhhheuuejdjdjdurjruruu
Economic environmenthhhhheuuejdjdjdurjruruuEconomic environmenthhhhheuuejdjdjdurjruruu
Economic environmenthhhhheuuejdjdjdurjruruusadiqfarhan2
 
Business Plan - Copy.pptx
Business Plan - Copy.pptxBusiness Plan - Copy.pptx
Business Plan - Copy.pptxsadiqfarhan2
 
production-180404033805 (1).pptx
production-180404033805 (1).pptxproduction-180404033805 (1).pptx
production-180404033805 (1).pptxsadiqfarhan2
 
forms of business ownership.pptx
forms of business ownership.pptxforms of business ownership.pptx
forms of business ownership.pptxsadiqfarhan2
 
Bank risk Management-1.pptx
Bank risk Management-1.pptxBank risk Management-1.pptx
Bank risk Management-1.pptxsadiqfarhan2
 
Poverty - Vivi.pptx
Poverty - Vivi.pptxPoverty - Vivi.pptx
Poverty - Vivi.pptxsadiqfarhan2
 
bankriskmanagement-150329124901-conversion-gate01.pptx
bankriskmanagement-150329124901-conversion-gate01.pptxbankriskmanagement-150329124901-conversion-gate01.pptx
bankriskmanagement-150329124901-conversion-gate01.pptxsadiqfarhan2
 
monetarypolicy-140504092519-phpapp02 (1).pptx
monetarypolicy-140504092519-phpapp02 (1).pptxmonetarypolicy-140504092519-phpapp02 (1).pptx
monetarypolicy-140504092519-phpapp02 (1).pptxsadiqfarhan2
 
Monetary policy.pptx
Monetary policy.pptxMonetary policy.pptx
Monetary policy.pptxsadiqfarhan2
 
Resource Mobilization.pptx
Resource Mobilization.pptxResource Mobilization.pptx
Resource Mobilization.pptxsadiqfarhan2
 
centralbank-150821134457-lva1-app6891 (2) (1).pptx
centralbank-150821134457-lva1-app6891 (2) (1).pptxcentralbank-150821134457-lva1-app6891 (2) (1).pptx
centralbank-150821134457-lva1-app6891 (2) (1).pptxsadiqfarhan2
 
3-180412171638 (1).pptx
3-180412171638 (1).pptx3-180412171638 (1).pptx
3-180412171638 (1).pptxsadiqfarhan2
 
Introduction of PM.ppt
Introduction of PM.pptIntroduction of PM.ppt
Introduction of PM.pptsadiqfarhan2
 
national income p2 1.pptx
national income p2 1.pptxnational income p2 1.pptx
national income p2 1.pptxsadiqfarhan2
 
Advantages of Entrepreneurship.pptx
Advantages of Entrepreneurship.pptxAdvantages of Entrepreneurship.pptx
Advantages of Entrepreneurship.pptxsadiqfarhan2
 
qualityoflife-190304071555.pptx
qualityoflife-190304071555.pptxqualityoflife-190304071555.pptx
qualityoflife-190304071555.pptxsadiqfarhan2
 
Forms of Business Ownership.pptx
Forms of Business Ownership.pptxForms of Business Ownership.pptx
Forms of Business Ownership.pptxsadiqfarhan2
 
positive thinking.pptx
positive thinking.pptxpositive thinking.pptx
positive thinking.pptxsadiqfarhan2
 

More from sadiqfarhan2 (20)

Economic environmenthhhhheuuejdjdjdurjruruu
Economic environmenthhhhheuuejdjdjdurjruruuEconomic environmenthhhhheuuejdjdjdurjruruu
Economic environmenthhhhheuuejdjdjdurjruruu
 
chapter-1.pptx
chapter-1.pptxchapter-1.pptx
chapter-1.pptx
 
Business Plan - Copy.pptx
Business Plan - Copy.pptxBusiness Plan - Copy.pptx
Business Plan - Copy.pptx
 
production-180404033805 (1).pptx
production-180404033805 (1).pptxproduction-180404033805 (1).pptx
production-180404033805 (1).pptx
 
forms of business ownership.pptx
forms of business ownership.pptxforms of business ownership.pptx
forms of business ownership.pptx
 
Bank risk Management-1.pptx
Bank risk Management-1.pptxBank risk Management-1.pptx
Bank risk Management-1.pptx
 
Poverty - Vivi.pptx
Poverty - Vivi.pptxPoverty - Vivi.pptx
Poverty - Vivi.pptx
 
bankriskmanagement-150329124901-conversion-gate01.pptx
bankriskmanagement-150329124901-conversion-gate01.pptxbankriskmanagement-150329124901-conversion-gate01.pptx
bankriskmanagement-150329124901-conversion-gate01.pptx
 
monetarypolicy-140504092519-phpapp02 (1).pptx
monetarypolicy-140504092519-phpapp02 (1).pptxmonetarypolicy-140504092519-phpapp02 (1).pptx
monetarypolicy-140504092519-phpapp02 (1).pptx
 
Monetary policy.pptx
Monetary policy.pptxMonetary policy.pptx
Monetary policy.pptx
 
Resource Mobilization.pptx
Resource Mobilization.pptxResource Mobilization.pptx
Resource Mobilization.pptx
 
centralbank-150821134457-lva1-app6891 (2) (1).pptx
centralbank-150821134457-lva1-app6891 (2) (1).pptxcentralbank-150821134457-lva1-app6891 (2) (1).pptx
centralbank-150821134457-lva1-app6891 (2) (1).pptx
 
3-180412171638 (1).pptx
3-180412171638 (1).pptx3-180412171638 (1).pptx
3-180412171638 (1).pptx
 
Introduction of PM.ppt
Introduction of PM.pptIntroduction of PM.ppt
Introduction of PM.ppt
 
1391681530.pptx
1391681530.pptx1391681530.pptx
1391681530.pptx
 
national income p2 1.pptx
national income p2 1.pptxnational income p2 1.pptx
national income p2 1.pptx
 
Advantages of Entrepreneurship.pptx
Advantages of Entrepreneurship.pptxAdvantages of Entrepreneurship.pptx
Advantages of Entrepreneurship.pptx
 
qualityoflife-190304071555.pptx
qualityoflife-190304071555.pptxqualityoflife-190304071555.pptx
qualityoflife-190304071555.pptx
 
Forms of Business Ownership.pptx
Forms of Business Ownership.pptxForms of Business Ownership.pptx
Forms of Business Ownership.pptx
 
positive thinking.pptx
positive thinking.pptxpositive thinking.pptx
positive thinking.pptx
 

Recently uploaded

Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Lviv Startup Club
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with CultureSeta Wicaksana
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxpriyanshujha201
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...rajveerescorts2022
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...amitlee9823
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...Any kyc Account
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...Aggregage
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 

Recently uploaded (20)

Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pillsMifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 

Discover Yourself for Entrepreneurship

  • 1. DISCOVERING YOURSELF 4/28/2023 Entrepreneurship and Small Business Management 1
  • 2. Session Rationale It is important for the learners to learn and realize their personality in order to see whether entrepreneurship is for them.  The personality may assist/help learners chose a business that will be enjoyable rather than a punishment.  What they enjoy doing has a relationship with type of personality they have. 4/28/2023 Entrepreneurship and Small Business Management 2
  • 3. Entrepreneurial Attributes/features An entrepreneur needs positive, confidence personal talents, skills and experiences to establish and manage an enterprise.  An entrepreneur is an individual who through socialization and formal education and training has gain knowledge and skills that should be applied in the business.  Discovery oneself also helps in understanding your strong and weak points. It assists in realizing that one needs the support of others to succeed in business. 3
  • 4. Session Learning Objectives On completion of this session, the trainee will be able to: A) Describe and explain personal attributes and talents. B) Identify-recognize personal attributes and talents. C) Relate talents and attributes to entrepreneurial success. 4/28/2023 Entrepreneurship and Small Business Management 4
  • 5. Learner Activities/Environment In this session Learners will describe the terms “personal attributes.  Learners will identify how a business person interview him/her self and identify the talents and attributes he/she may have. for instance every person must provide a detail and possible answer regarding terms “personal attributes”. 4/28/2023 Entrepreneurship and Small Business Management 5
  • 6. What Are Personal Attributes and Talents You have personal attributes and talents that can make you succeed in business.  Personal attributes and talents are the right skills and abilities for the job.  A successful career in business depends o your personality, interests, skills and values.  So what are your personality, interests, skills and values? The sum total of these qualities is called your personality. 4/28/2023 Entrepreneurship and Small Business Management 6
  • 7. Cont… Understanding your personality can tell you such things as how much support you need from other people to do everything.  Or are you a person who is relaxed working on your own?  Are you an organized person or otherwise/ if not. Do you approach everything careful and caution or you one who goes through with anything without concern?  It is important for you learn if your personality in order 4/28/2023 Entrepreneurship and Small Business Management 7
  • 8. Cont…  Please you must realize although that your personality may assist you chose a business that will be enjoyable rather than a punishment.  What you enjoy doing has a relationship with type of personality you have. 4/28/2023 Entrepreneurship and Small Business Management 8
  • 9. Identifying Personal Attributes and It is useful and important to identify your personal attributes, so that you will be able to decide on what type of business is suitable you. On the other hand, These attributes will also be useful in identifying business opportunities, establishing the business, managing the business and initiating its growth. Ask yourself the following questions: Do you like to work with machines and tools? Do you like to observe, learn, examine/scan, analyze, and solve problems? Do you like to use your imagination or creativity to solve problems? Entrepreneurship and Small Business Management 9
  • 10. Applying talents and attributes to entrepreneurial success  Keep in mind, There are a number of skills you'll need to succeed as an entrepreneur.  You should not worry if you do not possess them all. As an entrepreneur you can always employ people with those skills to add to your abilities. Below are skills you may need now or later to help you in business: 4/28/2023 Entrepreneurship and Small Business Management 10
  • 11. ①. Interpersonal Skills Interpersonal skills are the skills we use every day when we communicate and interact with other people, both individual and groups. They include and contain a wide range of skills, but particularly communication skills such as listening, and effective speaking they also include the ability to control and manage your emotion. Interpersonal skills are the behaviors and tactics a person uses to interact with others effectively. As an entrepreneur you should have good communication skills. Your ability to freely mix with many people is a valuable asset that is worthy more than the money you may have in a bank. When people like you, its is very likely they will like your business too. 4/28/2023 Entrepreneurship and Small Business Management 11
  • 12. This definition means that interpersonal skills therefore include: (A) Communication skills, which in turn covers (B) verbal communication - what we say and how we say it; (C) Non – verbal communication what we communicate without words, for example through mails or body language. (D) Listening skills How we interpret both the verbal and non-verbal messages sent by others. 4/28/2023 Entrepreneurship and Small Business Management 12
  • 13. Cont… (E) Emotional intelligence  Being able to understand and manage your own and other’s emotions.  Also is the ability to understand, use, and manage our own emotions in positive ways to relieve stress, communication effectively. (F) Team – working Being able to work with others in groups and teams, both formal and informal. (G) Negotiation, persuasion, and influencing skills Working with others to find a mutually agreeable (win/win) outcome. This may be considered a subset of communication, but it is often treated separately. Entrepreneurship and Small Business Management 13
  • 14. (H) Conflict resolution and mediation: Working with others to solve interpersonal conflict and disagreement in a positive way, which again may be considered a subset of communication. (I) Problem solving and decision-making Working with others to identify, define and solve problems, which includes making decision regarding the best course of action. 4/28/2023 Entrepreneurship and Small Business Management 14
  • 15. (2) Networking Skills  Networking can be a useful business approach to establish build partnerships and discover new business contacts.  A successful entrepreneur is a network worker.  You must be able to be seen and easy to remember in gatherings. (3). Leadership Skills  Leadership is the ability to influence. Once you are an entrepreneur it means you have taken up a leadership role. You may be owner-manager – worker (OMW), the skills of leadership is very important. 4/28/2023 Entrepreneurship and Small Business Management 15
  • 16. (4). Management Skills Management skills mean planning, organizing, leading and controlling activities that cover operation, employees, customer, suppliers, and government agencies. Basic Types of Management skills Technical skills: skills that give the manager the ability and knowledge to use a variety of techniques to achieve their objectives. Conceptual skills: These involve the skills managers present in terms of the knowledge and ability for summary thinking and formulating ideas. 16
  • 17. (5). Employee Relation Skills Employees are the most important resource your business has. It is essential that you manage this resource very carefully. It is a resource that can come in today and walk out tomorrow. A good relationship with Human resource will make your life much easier. (6). Team Building Skills Dear manager and owner You must build a team of essential professionals who you share the same vision.  You do possess/own all the needed skills and experience assembling a team of employees, partners, accountants, your lawyers, and bakers will take your business to a higher level. Entrepreneurship and Small Business Management 17
  • 18. (7). Marketing and sales Skills Marketing and selling skills are essential to bringing in revenue. Unless/ if not the customer is aware along with alert of and interested in what you are selling they will never buy.  If marketing and selling are difficult employ as well as hire a sales person. (8). Financial Management skills Understanding cash flow will save you business going under faster than you can register it. The danger areas are poor working capital, cash withdraws by the owner, credit mismanagement, and misunderstanding of cash surplus/extra and profit. 4/28/2023 Entrepreneurship and Small Business Management 18
  • 19. (9). Time Management Skills  Time cannot be stored for future use. It cannot be buy/bought from a shop. It is not elastic and expandable. You can only use or misuse time available. Time is one of the resources whose value is underestimated until it is too late. There a number of ways that will increase the wastage of time namely: meetings, poor planning, repeated interruptions, failure to list priorities, failure to delegate, being disorganized, indiscipline and failure to say” no”. 4/28/2023 Entrepreneurship and Small Business Management 19
  • 20. Cont…  You should not worry if do not possess all of these skills. You can employ people with those skills to add to your abilities. Many people even those who have been running business for many years do not have all these skills. As an entrepreneur, however, you must learn some of these skills to help you run the business effectively. 4/28/2023 Entrepreneurship and Small Business Management 20
  • 21. END OF CHAPTER Four 4/28/2023 Entrepreneurship and Small Business Management 21

Editor's Notes

  1. Promotion refers to raising customer awareness of a product or brand, generating sales, and creating brand loyalty