The document discusses the personal competencies needed for entrepreneurship in commercial cooking. It identifies several key qualities and skills an entrepreneur should possess, including a passion for cooking, strong cooking skills, the ability to communicate ideas, commitment to working long hours, goal-setting abilities, a desire to earn a profit, reliability, confidence, persistence, willingness to listen and take risks, initiative, optimism, ability to cope with failure, and ability to set standards.

2. ENTREPRENEURSHIP IN
COMMERCIAL COOKING
Entrepreneur – a person who organizes,
develops, operates, and engages in his/her own
business
Entrepreneurship – organizing, developing,
operating, and engaging in one’s own business
Personal Entrepreneurial Competencies (PECS)
– qualities, characteristics, skills, abilities,
knowledge, and behavior that a person must
possess to become a successful entrepreneur

3. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Passion for Cooking – you should possess the interest
and desire to prepare, cook, and serve food

4. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Skill in Cooking – you should be equipped with the
basic knowledge and skills in cooking

5. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Ability to Communicate Ideas – you should be able to
express your thoughts clearly and confidently to your
coworkers and clients

6. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Commitment and Willingness to Work – you should
be willing to invest money, time, and effort in your
business. You should be ready to work in long hours
and under pressure, and set aside personal activities
in favor of work

7. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Ability to Set Goals – you should be able to set both
short- and long- term goals and plans and focus on
tasks and their end results

8. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Desire to Earn Profit – you should be able to supervise your
business closely to immediately resolve any problem that
can possibly result to reduce income

9. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Reliability and Integrity
– you should be able to
keep your good name
and reputation by being
fair and honest in
dealing with others,
being true to your
words, and doing what
is right without
compromise

10. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Confidence – you should believe in your ability to achieve,
know well what you are doing, and trust your instinct and
entrepreneurial acumen

11. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Persistence – you
should be able to
keep up your
courage, hope and
belief to survive and
prosper

12. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Willingness to Listen and Respond – you should be
able to talk and listen to fellow entrepreneurs, bank
officials, and business advisers for ideas that inspire
and guide your business

13. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Willingness to Take Risks – you should be aware that
risks and challenges are part of any endeavor and
consider them stepping stone to success

14. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Initiative and
Optimism – you
should be optimistic
yet prepared for
future problem,
needs, or changes;
you should be able
to plan ahead and
lead your business
toward action and
attainment of goals

15. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Ability to Cope with Failure – you should be humble enough
to cope with failure, wise enough o learn from it, and strong
enough to overcome challenges

16. PERSONAL ENTREPRENEURIAL
COMPETENCIES
Ability to Set Standards – you should be able to set
standards to ensure quality production and increase sales