This document discusses personal entrepreneurial competencies (PECs) which are qualities, characteristics, knowledge, skills, and abilities that successful entrepreneurs possess. It outlines three clusters of competencies: achievement, planning, and power. The achievement cluster includes competencies like opportunity seeking, persistence, commitment to work, demand for quality and efficiency, and risk taking. The planning cluster focuses on goal setting, information seeking, and systematic planning and monitoring. Finally, the power cluster discusses self-confidence and persuasion and networking skills.

1. PERSONAL
ENTREPRENEURIAL
COMPETENCIES
Maia D. Edo
SST-III

4. ENTREPRENEURS…
a person who
 organizes,
 develops,
 operates,
 and engages
in his/her own business

6. ENTREPRENEURSHIP
•organizing,
•developing,
•operating,
•and engaging…
in one’s own business

8. PERSONAL ENTREPRENEURIAL
COMPETENCIES (PECS)
 qualities,
 characteristics,
 KSA (knowledge, skills, abilities)
 behavior
that a person must possess to
become a successful entrepreneur

9. ACHIEVEMENT CLUSTER
1. Opportunity Seeking
- sees and acts on new business
opportunities

10. ACHIEVEMENT CLUSTER
2. Persistence
- a persistence individual takes
repeated or different actions to
overcome obstacles to his/her goals
-

11. ACHIEVEMENT CLUSTER
3. Commitment to the Work Contract
- should accept full responsibility
- express concern towards the customer

12. ACHIEVEMENT CLUSTER
4. Demand for quality and efficiency
- do things that meet existing standards
of excellence
- strive to do things better, faster and
cheaper

13. ACHIEVEMENT CLUSTER
5. Risk Taking
- take moderate risks
- state a preference for situations that
involve moderate risks

14. PLANNING CLUSTER
1. Goal setting
-should always have clear and
specific objective
-SMART (specific, measurable,
attainable, realistic and time-bound)

15. PLANNING CLUSTER
2. Information Seeking
- entrepreneurs do not stop seeking
information for their businesses for
improvement of the company
- information-seeking on clients,
supplies, and competitors

16. PLANNING CLUSTER
3. Systematic Planning &
Monitoring
- developing & using logical, step by
step plans, evaluate, monitor
progress & switch to alternative
strategies

17. POWER CLUSTER
1. Self-confidence
- possess a strong believe in their
abilities
- express confidence in their own ability
- they believe their business to be
successful and profitable

18. POWER CLUSTER
2. Persuasion & Networking
- should use deliberate strategies to
influence others
-use their business & personal contact to
accomplish their objectives