This document discusses entrepreneurship and provides information about entrepreneurs. It defines entrepreneurship and entrepreneurs, identifies different types of entrepreneurs including megaentrepreneurs and microentrepreneurs. It outlines the importance of entrepreneurship such as generating wealth, decreasing poverty, and creating jobs and innovation. The document also discusses the relevance of entrepreneurship education for senior high school students and potential job opportunities in fields like business consulting, sales, and new venture creation. In the end, it prompts assessing understanding of entrepreneurs and entrepreneurship and answering questions about career opportunities and characteristics of entrepreneurs.

1. ENTREPRENEURSHIP
LOURDES ABELLON-
SALVACION

2. LEARNING OUTCOMES:
• Discuss the relevance of the course
• Identify the different types of entrepreneurs
• Explore job opportunities for Entrepreneurship as
a career.

4. ENTREPRENEURSHIP
o The act of creating a business or businesses while
building and scaling it to generate a profit.
o An important driver of economic growth and
innovation.
o What people do to take their career and dreams into
their hands and lead it in the direction of their own
choice.
o About building a life on your own terms. No bosses.
No restricting schedules. And no one holds you back.

5. ENTREPRENEUR
o A person who sets up a business with the aim
to make a profit and creates a new business,
bearing most of the risks and enjoying most of
the rewards.
o The Term “entrepreneur” comes from the
French word entreprendre which means to
“undertake”

6. ENTREPRENEUR
o An innovator, a source of new ideas, goods,
services, and business or procedures.
o Playing a key role in any economy, using the
skills and initiative necessary to anticipate
needs and bring good new ideas to market

7. TYPES OF ENTREPRENEUR
1. Megaentrepreneurs
- Individuals who are willing to absorb huge
risks of using enormous amounts of capital in
their business ventures.
2. Microentrepreneurs
- Individuals who are engaged in micro or small
businesses as an alternative for real
employment.

8. IMPORTANCE OF ENTREPRENEURSHIP
1. Entrepreneurship generates new wealth in
an economy.
2. Entrepreneurship decreases poverty.
3. It creates opportunities, ensures social
justice, instills confidence and stimulates
the economy.
4. Entrepreneurship improves productivity.

9. IMPORTANCE OF ENTREPRENEURSHIP
5. Entrepreneurs create jobs.
6. Entrepreneurs innovate.
7. Entrepreneurs create innovation and
social change.
8. Entrepreneurs give to society.

10. RELEVANCE OF ENTREPRENEURSHIP
TO SHS STUDENTS
1. To prepare students for livelihood even before
college.
2. Entrepreneurship education aids students from
all socioeconomic backgrounds to think outside
the box and nurture unconventional talents and
skills.
3. Entrepreneurship develops their initiative and
helps them to be more creative and self-
confident in whatever they undertake and to act
in a socially responsible way.

11. RELEVANCE OF ENTREPRENEURSHIP
TO SHS STUDENTS
4. It exposes students to numerous opportunities
to learn how to think critically and analyze the
pieces on the board.
5.Being aware of all the important factors and
seeing how they affect each other is the
foundation of a smart decision-making process.
6. Students must be exposed to real-world
examples and learn from their own experience.

12. RELEVANCE OF ENTREPRENEURSHIP
TO SHS STUDENTS
7. Entrepreneurship education requires students
to be innovative, creative, and collaborative with
others.
8. Entrepreneurship education provides budding
entrepreneurs with the skills and knowledge to
come up with business ideas and develop their
own ventures.

13. JOB OPPORTUNITIES FOR
ENTREPRENEURSHIP AS A CAREER
• Business Consultant
• Sales
• Research and Development
• Not-for-profit fundraiser
• Teacher
• Talent recruiter
• Business reporter
• New venture creation
• Career in existing entrepreneurial ventures

14. REASONS WHY MANY WOULD LIKE
TO BECOME AN ENTREPRENEUR
1. Achievement, Challenge, & Learning
2. Independence & Autonomy – you can set your
own goals, pick their own partners, and face the
consequences of your decisions.
3. Income Security and Financial Success
4. Recognition and Status
5. Family
6. Dissatisfaction with Current work Arrangements
7. Community and Social Motivation

15. ASSESSMENT:
Identification: Read carefully the statements below and identify
whether this refers to Entrepreneurship or Entrepreneur. Write
your answer in ¼ sheet of paper.
1. A person who undertakes the risk of starting a new business
venture.
2. It is high-risk, but also can be high-reward as it serves to
generate economic wealth, growth and innovation.
3. Creates a firm, which aggregates capital and labor in order
to produce goods or services for profit.
4. It is an important driver of economic growth and
innovation.
5. Creates a business plan, hire labor, acquire resources and
financing, and provide leadership and management for the
business.

16. Knight (1921) Having profit from bearing uncertainty and risk
Schumpeter (1934) Carrying out new combinations of firm organization – new
products, new services, new sources of raw material, and new
methods of production, new market, and new forms of
organization.

17. Hoselitz (1952)
Uncertainty bearing…. Coordination of
productive resources…. Introduction of
innovations and provision of capital
Cole (1959)
Purposeful activity to initiate and develop
a profit-oriented business

18. McClelland (1961)
Taking moderate risk
Shapero (1975)
A kind of behaviour that includes:
• Initiative taking
• The organizing and reorganizing of social economic
mechanisms to turn resources and situation to
practical account
• The acceptance of risk failure

19. Casson (1982)
- Decisions and judgement about the coordination of
scarce resources.
Ronstadt (1984)
Dynamic process of creating incremental wealth. The
wealth is created by individuals who assume the major
risks in terms of equity, time and/or career
commitment of proving value for some products or
service. The product or service itself may or may not be
new or unique, but value must be somehow be infused
by the entrepreneur by securing and allocating the
necessary skills and resources.

20. Drucker (1985)
-Behavior rather than personality trait. Its
foundation lies in concept and theory
rather than in intuition.
Gartner (1985)
Creation of new organization

21. Hisrich & Brush (1985)
• Process of creating something new with
value by devoting the necessary time and
effort; assuming the accompanying
financial, psychic and social risks and
uncertainties, and receiving the resulting
rewards of monetary and personal
satisfaction.

22. Stevenson & Grousebeck (1989)
• Pursuit of opportunity without regards to
resources currently controlled.
Hart, Stevenson & Dial (1995)
Pursuit of opportunity without regards to resources
currently controlled, but constrained by the
founders’ previous choice and industry related
experiences.

23. Is being a successful entrepreneur
is one of your plans in life?

25. ASSIGNMENT
• Direction: Analyze the given questions then
answer it briefly in a one whole sheet of paper.
1. Evaluate the career opportunities you think are
more appropriate for you.
2. Discuss some personal characteristics of the
entrepreneurs today. Which of these do you
consider more observable among Filipino
entrepreneur.

26. THANK YOU!!!