3. "All our dreams can
come true if we have
the courage to pursue
them."
-WALT DISNEY
4. OUTLINE
• What is Entrepreneurship?
• The Difference between Entrepreneur and
Businessman
• Characteristics of an Entrepreneur
• Different kinds of Entrepreneurship
• Different businesses
• Product vs Service
• Buy and Sell Products
5. This course shall include pedagogical
content, knowledge and skills in
technology and livelihood education
necessary in teaching and learning in the
elementary level. Selected topics in home
economics, industrial arts, technology
and livelihood education shall form a
major part of the course. Experiential
learning approach shall be the focus of
this course
7. WHAT IS ENTREPRENEURSHIP?
Entrepreneurship- the process of designing,
launching and running a new business, which is
often initially a small business. The people who
create these business are called entrepreneurs.
Entrepreneurship has been described as the "capacity
and willingness to develop, organize and manage a
business venture along with any of its risks in order to
make a profit."
8. The word ENTREPRENEUR is derived from the
french word 'entreprendre' it means 'to undertake' thus,
an entrepreneur is a person who undertakes the RISK.
11. An entrepreneur is a
pioneer who has a new
idea and wants to
commercialize the idea
with a new brand.
A businessman is a
person that sets up a
business based on
existing ideas and
models and offers
services to customers.
An entrepreneur is a
market leader.
A businessman is a
market player.
An entrepreneur
creates a new
market.
A businessman sets up
his business in the
existing market.
12. Nature
The nature of an
entrepreneur is more
intuitive than
calculative.
The nature of a
businessman is more
calculative then
intuitive.
Risk factor
The risk factor assumed
by the entrepreneur is
always high.
The risk factor assumed
by a businessman is
comparatively low.
Methods employed
for doing things
The methods employed
by an entrepreneur are
new and
unconventional.
The methods employed
by a businessman are
the ones that are tried
and tested and rather
conventional.
13. Approach
An entrepreneur has an
atomistic approach.
A businessman has a
holistic approach.
Orientation
An entrepreneur focuses
their orientation towards
the general public.
A businessman focuses
their orientation towards
making profits.
Competition
The competition faced by
an entrepreneur is
relatively low.
The competition faced
by a businessman is
relatively high.
Time
The time spent by an
entrepreneur on a venture
can be massive because they
have to perfect the idea
before they release it to the
market.
A businessman does not
spend much time perfecting
the idea. Rather they, use an
existing idea for gaining
profits from business.
21. BUY AND SELL
PRODUCTS
Purchasing cheaply new
or previously owned
products that we all
need, use or want, and
reselling these same
items for more than
cost.