This document discusses entrepreneurship and opportunities for new business ventures. It outlines life performance outcomes of being a courageous problem solver and explorer. Key points on finding opportunities include customers' changing preferences over time, determining personal preferences and competencies, and unexpected occurrences indicating changes. The document then discusses opportunity screening, including assessing a market's potential, segmenting the target market, and competition. It also touches on technology assessment, viability of operations, pre-operating costs, production/service facility investments, working capital needs, and financial statements.

1. Entrepreneurship
GRADE 11-12

2. Life Performance Outcomes
I am a courageous, resourceful
explorer and problem solver,
demonstrating my creativity and
charism.
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3. Essential Performance Outcomes
Search voluntarily beyond readily available
sources of information, resources, and
standard techniques to generate new
understandings towards workable solutions to
existing problems.
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4. Intended Learning Outcomes
Search voluntarily beyond readily available
sources of information about building a
business and generate new understandings
towards workable solutions in the midst of
crisis or difficult situations.
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5. “Opportunity Seeking”
Other Sources of
Opportunities

6. Other Sources of opportunities
1. Costumer preferences change over time.
2. People’s tastes in clothes, music, shoes, entertainment, dance,
sports, hobbies, and even careers have evolved over the years.
3. What piques customers is a great source of opportunities.
4. Before the costumer is won over, there is first a battle for the
mind. Next, there is a battle for the heart. Finally, there is a battle
for the wallet.
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7. Other Sources of opportunities
5. The longer the costumer wants to use the product, the greater the
chances of creating lasting loyalty.
6. Opportunities abound in shaping consumer perceptions or
occupying spaces in their minds or places in their hearts that have
not yet been filled.
7. Determining personal preferences and competencies lay the
foundation for a new business venture.
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8. Other Sources of opportunities
8. New inventions, new systems and work processes, new insights
about the human psyche, new applications for old knowledge, new
revelations about how the physical world works.
9. Unexpected occurrences in both the external and internal
environment of the enterprise indicate that significant changes are
happening and opportunities are sprouting.
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9. Opportunity
Screening

10. Market Potential and Prospects
Market potential is based on the
estimated number of possible
customers who might avail a product or
service.
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11. Segmenting The Market
> Using a set of demographics will be the most
basic approach in determining the target
segment.
> Keep in mind that some general statistics for
these demographics can be found online.
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12. Assessing Competition
> Market potential is also affected by the
number of establishments supplying and
serving your target costumers.
> This process would determine how saturated
the market is in the given area of coverage.
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13. Technology Assessment and Operations Viability
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LOW VALUE 2
Quantities
Demanded
Quality Speculations
Demanded
Delivery
Expectations
Price
Expectations

14. Pre- Operating Costs
These are the cost
related to the
preparation for the
launch of the
businesses.
Investments Requirements and production/ Serving
Costs
Production/ Services
Facilities Investment
This refers to the long
term investment for the
actual business
establishment.
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15. Working Capital Investment
This includes the investment needed
to operationalized the business,
composed of cash, accounts
receivable and inventories.
Investments Requirements and production/ Serving
Costs
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16. Self- Directed Learning
Search for the following:
> Income Statement
> Balance Sheet
> Cash Flow Statement
> Fund Flow Statement
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17. 17
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