This document contains information about two entrepreneurs interviewed by a student group: 1) Mrs. Nenita Facundo Eroma, owner of Nefa's General Merchandise store since 1982, started with PHP 3,000 capital and has expanded over 27 years of experience. 2) Grace Magbuo, owner of a food court since 2007, started the family business to provide occupation for her cousins. Both entrepreneurs practice POSDC (Planning, Organizing, Staffing, Directing, Controlling) principles. They started small, recruited employees as their businesses grew, and focus on customer satisfaction over profits. A Venn diagram compares their experiences and a reflection discusses lessons learned about entrepreneurship.

1. Republic of the Philippines
Siniloan Integrated
National High School
School Year 2019-2020
Entrep 9

2. Group Members;
Boys;
Manzano, Eljon Grei
Ramirez, John Lexter

3. Girls;
Adrias, Jelian Rose
Carcamo, Akisha
Kahulugan, Winalie
Serrano, Jade Jethel

4. Submitted to;
Emmard M. Hermosura

5. Entrepreneur’s Profile
Name: Mrs. Nenita Facundo Eroma
Age: 62 years old
Address: G. Redor St. Siniloan, Laguna
How many years of business experience do
you have? Since 1982 (27 years)
Educational Attainment: College Graduate
Business Name: Nefa’s General Merchandise
Date Established: 1982
Initial Capital: Php 3,000.00
Reason of EOM (Establishing Organizing
Managing): Because I love selling small products
and it is my passion.

6. POSDC (Planning Organizing
Staffing Directing Controlling)
Planning
 I start selling foods since then, and I’ve planned to improve it and make a sari-sari store.
Then while I notice that it clicks to the buyers, I started planning the expanding of my store
using my profit that I collected from my sari-sari store.
Organizing
 Using my profit, I can make my store to have a place where my different products can easily
identify. This will make the buyer satisfied because we/I can give them service as early as
they want. I also think about different products that I can sell.
Staffing
 My grandmother and grandfather started small business with the only two of them, but as the
store expands and improves, they hire employees that they know these can help them.
Directing
 Staffs are divided into different ways. First, I explained to us where they can find the different
products. After that, I assigned them into the products that they will assists. Other are in
biscuits, some are in junk foods and more as many products as one staff can manage.
Controlling
 Don’t spend more money that your profit. Try to sell other products that buyers may want. To
maintain the good effect of your business, remember to work harder, be a profit-oriented, be
patient and always think positive. Also remember to have a good communication with the
others specially to your staff and buyers, have a people skills.

7. Entrepreneur’s Profile
Name: Grace Magbuo
Age: 25
Address: G. Redor St. Siniloan, Laguna
How many years of business experience do
you have? 12 years
Educational Attainment: College Graduate
Business Name: Food Court
Date Established: April 17, 2007
Initial Capital: Unknown
Reason of EOM (Establishing Organizing
Managing): For family business, because my
cousins didn’t have any occupation.

8. POSDC (Planning Organizing
Staffing Directing Controlling)
Planning
 Including family while planning, this must first a cafe but it ended up as a food court. At first, we
cook foods which are familiar to everyone until I add some of it as it clicks to most buyers.
Organizing
 We started saving money so that we can make this court, as we have enough capital for the
business, we started to bought things such as utensils; spoon, fork, and other used for cooking,
plate or bowl and also chairs and tables. After this, we started to organize these tables in
different places so that the customer will feel comfortable while eating.
Staffing
 In this business at first, we are only the family members but since other have their own family,
we hired some employees substitute to my family members that were separated now.
Directing
 I divided them into several works; 3 were visible outside: 1 cashier and 2 waiters, 2 cooks, 2
dishwashers, 1 helper and 1 were assigned in dessert. Before I divide them into different
works, I first make sure if they were compatible to the work assigned to each of them.
Controlling
 You need to be profit-oriented; you must know what present foods were popular to the taste of
people and also the foods that they don’t want to eat. Also don’t forget to please your customer
and do not lessen the ingredients only to save money. Don’t mind your big profit, just provide
the ingredients needed.

9. Venn Diagram;
Since Mrs. Nenita is
not new in this busi-
ness, she used her
profit to organize
his business.
At first, she and
her husband
were the only
one who manage
the business but
as it improves, they
recruit other employee.
Ma,am Grace used
her capital in order
to organize her
business with her
husband.
At first, her whole
family manage the
business but in pre-
sent, they have
recruit come people
who can help.
They both use
Operational
Planning:
They assigned
their employee into
different activities.
They have the
characteristics of
an entrepreneur in
order to control the
flow of their
business.

10. Reflection:
 On our experience while interviewing successful entrepreneurs,
we realize that even though they improve their business from
smaller into larger business, they can’t forget on how they started.
They can’t forget on how they planned their business and the
reason why did they want to start these businesses. The
characteristics of an entrepreneur must always observe and seen in
order to control their business. Like what Ma’am Grace said,
“Quality over Quantity”. They don’t mind the money that they will
spent, instead they want the customer to be satisfied in their
product.
 In this activity, we’ve learned that Venn diagram can be used in
order to compare two successful entrepreneurs. We’ve learned that
entrepreneurs have their own technique in planning, organizing,
staffing, directing and controlling their business or what we called
“POSDC”.

11. Pictures/ Documentation
Part 1: Mrs. Nenita Facundo Eroma

12. Pictures/ Documentation
Part 2: Grace Magbuo