PERSONAL ENTREPRENEURIAL COMPETENCIES

1. Personal
Entrepreneurial
Competencies
(PECs)

2. Entrepreneurial competencies
- refers to the important
characteristics that should be
possessed by an individual in
order to perform entrepreneurial
functions effectively.

3. Entrepreneurs - are people
with skills and capabilities to
see and evaluate business
opportunities.

4. Entrepreneurs - individuals
that can strategically identify
products or services needed
by the community

5. Entrepreneurship - is a
strategic process of
innovation and new venture
creation.

6. Entrepreneurship – is an art
and science of converting
business ideas into
marketable products or
services to improve the
quality of living.

7. CHARACTERISTICS /
ATTRIBUTES OF A GOOD
ENTREPRENEUR

8. 1. Hardworking
- habitually working
diligently for a long period
of time.

9. 2. Self-Confidence
- Entrepreneurs have
confidence in one’s ability
and own judgment.

10. 3. Discipline
- Successful
entrepreneurs always stick
on the plan and fight the
temptation to do what is
unimportant.

11. 4. Committed
- A good entrepreneur
accepts full responsibility
of everything in his/her
business (full commitment
& solid dedication).

12. 5. Ability to accept change
-Nothing is permanent but change.
Change occurs frequently. When
you own a business, you should
cope-up and thrive on changes.
Capitalize on positive changes to
make your business grow.

13. 6. Creative
- An entrepreneur should be
creative and innovative to stay in
the business and in order to have
an edge over the other
competitors.

14. 7. Has the Initiative
- An entrepreneur takes the
initiative. You must put yourself
in a position where you are
responsible for the failure or
success of your business.

15. 8. Profit-Oriented
- An entrepreneur enters into
the world of business to
generate profit or additional
income.

16. IMPORTANT SKILLS OF
A SUCCESSFUL
INTREPRENEUR

17. 1. Planner
- Planning is strategic thinking
and setting of goals to achieve
objectives by carefully
maximizing all the available
resources.

18. 2. People Skills
- refer to effective and
efficient communication and
relation to people working in
and out of your business

19. 3. Decision Making
- Successful entrepreneurs
have the ability to think
quickly, and to make a wise
decision towards pre-
determined set objectives.

20. Directions: Match column A
with their meaning in column
B. Write the letter of your
answer in a ¼ sheet of paper.

21. A
1.Creative
2.Profit-oriented
3.Discipline
4.Decision Making
5.People Skill
6.Planner
7.Self-Confidence
8.Hardworking
9.Ability to accept
change
10.Committed
B
A. Make a wise decision towards the set objectives
B. Strategic thinking and setting of goals
C. Trust in one’s ability
D. Adoptable to change
E. Innovate to have edge over other competitors
F. Solid dedication
G. Skillful in record keeping
H. Always stick to the plan
I. Working diligently
J. Effective & efficient communication & relation
to people
K. Always looking for income

22. A
1.Creative
2.Profit-oriented
3.Discipline
4.Decision Making
5.People Skill
6.Planner
7.Self-Confidence
8.Hardworking
9.Ability to accept
change
10.Committed
B
A. Make a wise decision towards the set
objectives
B. Strategic thinking and setting of goals
C. Trust in one’s ability
D. Adoptable to change
E. Innovate to have edge over other competitors
F. Solid dedication
G. Skillful in record keeping
H. Always stick to the plan
I. Working diligently
J. Effective & efficient communication & relation
to people
K. Always looking for income
E
K
H
A
J
B
C
I
D
F

23. Activity #: 1
Directions: Using the PECs checklist,
assess yourself by indicating a check (/)
mark in either strengths or development
areas column. Interpret the results by
counting the total number of check marks
in each of the columns.

24. Guide Questions:
1. Interpret the result.
2. What is your realization after
answering the assessment?