Entrepreneur ❑Entrepreneur is a word borrowed from the French word entreprender, “one who undertakes”- that is, a “manager”. ❑In fact, the word entrepreneur was shaped probably from celui qui entrepren, which is loosely translated as “those who get things done.” Entrepreneur ❑characterized by innovation and risk-taking ❑essential part of nation’s ability to succeed in an ever changing and increasingly competitive global market Entrepreneur ❑owner of business who invests his/her resources to bring an idea to life ❑ sets direction that transforms that idea into reality, thus providing and gaining and gaining value that balances effort, purpose, and profit 5 Components of an Entrepreneur What it involves Key Factors for Success Owner who invests resources Entails risk taking; hence, a person can be an entrepreneur if he or she has a reasonable risk appetite, not just risk but calculated risk taking. Commitment Brings an idea to life The idea may or may not be coming from the entrepreneur but turning an idea to revenue maximization entails defining the best options. Competency Direction Entails getting information and making choices from these pieces of information, mindful of heuristics as well as biases in decision-making. Competency Making things happen Entails the need to ensure all interdependent elements are in harmony to attain defined goals. Coordination Adding value Entails financial understanding that the reward of entrepreneurship needs to be much higher than putting cash in high-yielding financial investment, such as preferred shares with guaranteed dividend. Commitment Entrepreneur ❑Entrepreneur is a word borrowed from the French word entreprender, “one who undertakes”- that is, a “manager”. ❑In fact, the word entrepreneur was shaped probably from celui qui entrepren, which is loosely translated as “those who get things done.”

1. Introduction to
Entrepreneurship
MICAH PORCAL ARELLADO
COURSE INSTRUCTOR

2. Entrepreneurs…who are they?

3. Entrepreneur
❑Entrepreneur is a word borrowed from the French word
entreprender, “one who undertakes”- that is, a
“manager”.
❑In fact, the word entrepreneur was shaped probably
from celui qui entrepren, which is loosely translated as
“those who get things done.”

4. Entrepreneur
❑characterized by innovation
and risk-taking
❑essential part of nation’s
ability to succeed in an ever
changing and increasingly
competitive global market

5. Entrepreneur
❑owner of business who
invests his/her resources to
bring an idea to life
❑ sets direction that transforms
that idea into reality, thus
providing and gaining and
gaining value that balances
effort, purpose, and profit

6. Characteristics
of an Entrepreneur

8. Components of an Entrepreneur
5 Components of an
Entrepreneur
What it involves Key Factors for Success
Owner who invests resources
Entails risk taking; hence, a person can be an
entrepreneur if he or she has a reasonable
risk appetite, not just risk but calculated risk
taking.
Commitment
Brings an idea to life
The idea may or may not be coming from the
entrepreneur but turning an idea to revenue
maximization entails defining the best
options.
Competency

9. Direction Entails getting information and making
choices from these pieces of information,
mindful of heuristics as well as biases in
decision-making.
Competency
Making things happen Entails the need to ensure all interdependent
elements are in harmony to attain defined
goals.
Coordination
Adding value Entails financial understanding that the
reward of entrepreneurship needs to be much
higher than putting cash in high-yielding
financial investment, such as preferred
shares with guaranteed dividend.
Commitment

10. Thank you!