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Reasons Why
Entrepreneurship
is Considered an
Asset of the
Country
1. Creates employment
2. improves the economy
3. Can increas family income
4. makes the community busy and
progressive
5. improves the standard of living
6. makes us use indigenous
materials
CHARACTERISTICS OF A SUCCESSFUL
ENTREPRENEUR
ENTREPRENEUR
Is a person with a business venture. In other
words an entrepreneur is a businessman who
starts with a small capital and a few workers.
Persistent
not easily discouraged. He does not give up
until he achieves his goal.
Hardworking
industrious and makes the most of one’s
time.
Innovative
Thinks of new and better ways of doing
things. He wants to improve his product to
stay long in the business and to keep up
with the changing times.
Risk- taker
Starting a business involves risk, so a
successful entrepreneur knows how to rise
again in case he meets failure along the
way.
Self- confident
does not get discouraged easily and believes
in his abilities.
knowledgeable
has extensive knowledge about the product
or service he is selling. Customers trust a
person who has product knowledge because
it shows that he has authority and credibility
when it comes to a particular product or
brand.
Energetic and enthusiastic
Active, always on the go, always think of
something to do, something to offer. One uses
time wisely. Other people are inspired to
follow them.
responsible
Trustworthy and reliable; can be depended
on to accomplish jobs undertaken.
Can manage very well
synonymous to being successful. He can
make his subordinates willingly follow tasks to
attain their goals.
Has high standards
sets high standards in their business to
produce high quality products and services.

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Hele 5