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This document discusses key concepts of entrepreneurship including different perspectives on entrepreneurs from an economist, psychologist, and management perspective. It then compares characteristics of past and present entrepreneurs in terms of age, gender, work experience, knowledge of business, innovation orientation, goals, leadership style, and drive orientation. Finally, it identifies common competencies of entrepreneurs such as confidence, flexibility, commitment, visionary nature, hard work, and creativity.
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1. Introduction to Entrepreneurship
2. Small Scale Industries
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know about Entrepreneurship Management and how to be a good entrepreneur .
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like and comment what you think About Entrepreneurship Management.
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Entrepreneurial Management / Entrepreneurship Development Notes
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- 2. ENTREPRENEURSHIP Introduction Part 2: KEY CONCEPTS & COMMON COMPETENCIES FRANCIZ M. PANGANIBAN Subject Teacher
- 3. OBJECTIVES 1.Demonstrate understanding on the key concepts of entrepreneurship 2.Compare the past and present characteristics of entrepreneurs 3.Identify the common competencies of an entrepreneur
- 4. KEY CONCEPTS OF ENTRENEURSHIP
- 5. ENTREPRENEUR: DIFFERENT PERSPECTIVES ECONOMIST’S POINT OF VIEW It is someone who brings resources, labor, materials and other assets into combinations that make their value greater than before It is also someone who introduces changes, innovations and a new order.
- 6. ENTREPRENEUR: DIFFERENT POINT OF VIEWS PSYCHOLOGIST’S POINT OF VIEW A person who is typically driven by certain forces such as the need to obtain or attain something, to experiment, to accomplish or perhaps to escape the authority of others.
- 7. ENTREPRENEUR: DIFFERENT POINT OF VIEWS MANAGEMENT PERSPECTIVE It is someone who identifies opportunities, plans, mobilizes resources, manages and assumes the risks of a business to have a positive impact on society.
- 8. EMERGING CHARACTERISTICS OF AN ENTREPRENEUR
- 10. When it comes to AGE PAST TODAY
- 12. WORK EXPERIENCE PAST TODAY Less business & employment experience More business & employment experience
- 13. KNOWLEDGE OF BUSINESS PAST TODAY
- 14. INNOVATION ORIENTATION PAST PRESENT Automation for efficiency Values innovation for new venture & discovery
- 15. GOAL / PURPOSE PAST PRESENT Economic & Financial Gains Social, ecological & economic gains
- 16. USE OF WORK STRUCTURE PAST TODAY
- 17. LEADERSHIP STYLE PAST PRESENT DIRECTING EMPOWERING
- 19. PERSPECTIVE & SELF-CONFIDENCE PAST PRESENT
- 20. COMMON COMPETENCIES CHARACTERISTICS NEEDED BY AN ENTREPRENEUR TO SUCCEEED
- 21. C _ N _ I _ _ N _ E A feeling or belief that you can succeed at something CHARACTERISTICS ATTRIBUTED TO ENTREPRENEURS CONFIDENCE
- 22. F _ _ I _ B_ L _ _ _ “readiness to adapt to new, different of changing requirements” CHARACTERISTICS ATTRIBUTED TO ENTREPRENEURS FLEXIBILITY
- 23. C_ _ M_ _ E_ _ “the unwavering dedication for work for the common good of the society through one’s business” CHARACTERISTICS ATTRIBUTED TO ENTREPRENEURS COMMITMENT
- 24. V _ _ I O _ A _ Y “Having clear ideas or foresight of what will be done in the future” CHARACTERISTICS ATTRIBUTED TO ENTREPRENEURS VISIONARY
- 25. H_ _ _W_ _ _ _ N_ “using a lot of time and energy to get things done” CHARACTERISTICS ATTRIBUTED TO ENTREPRENEURS HARDWORKING
- 26. C_ E_T_ _ _ T_ “ability to make new things or think of new ideas” CHARACTERISTICS ATTRIBUTED TO ENTREPRENEURS CREATIVITY
- 27. PERSONAL CHARACTERISTICS ATTRIBUTED TO ENTREPRENEURS Confidence Flexibility Need to achieve Responsibility Commitment Creativity Persevering Goal-oriented Realistic Sincere Hardworking Visionary Disciplined Feedback seeking Moderate risk-taker
- 28. HOW ENTREPRENEURS THINK? Make self-assessment Choose a course of action Generate multiple decision models Learn from failure
- 29. COMMON ELEMENTS PRESENT IN THE LIFE OF ENTREPRENEURS Innovation Opportunity Seeking Resource Mobilization Encounters Risks Economic & Personal Rewards
- 30. Post Lesson Activity 1. Describe an entrepreneurial mindset in 3 perspectives. 2. If you will be given a chance to have P1M, share your vision as a young entrepreneur?