The Ideal Entreprenuer

1. TLE – ICT
Week 1 – Day 1
THE IDEAL ENTREPRENEUR

2. • Identify the sellers and buyers.
Define entrepreneurs
Discuss the qualities of an ideal entrepreneur

3. Let’s Think!
Have you family own a business? Or relative?
What kind of business they have?

4. Do you know who the owner of Jollibee is? Or
National Book Store? Or the Philippine Airline?
These people below are what we called
entrepreneur or businessmen.
Lucio Tan – Owner of
Philippine Airline
Socorro Ramos –
Owner of National
Bookstore
Tony Tan – Owner of
Jollibee

5. What is entrepreneur?

6. Entrepreneur means a person who
organizes and operates a business or
businesses, taking on greater than normal
financial risks in order to do so.

7. • Do you want to be like them? Then let us learn
what the best characteristic of a good
entrepreneur are.

8. Discussion
This means an entrepreneur is someone who is willing to put
up the capital needed to set up a business fully aware of the
risks involved. He or she plans, organizes, and manages the
business, hires the people to
help run it, and ensures that the product or service being
offered is sold at a reasonable price in order to earn.
Entrepreneurs play a key role in any economy, using the skills
and initiatives necessary to anticipate needs and bring good
new ideas to market.

9. Discussion
Qualities of an Ideal Entrepreneur
Industrious
• Displays hard work and perseverance in the face of challenges;
utilizes skills to diligently carry out tasks or make goods.
Innovative
• Has the ability to envision future needs or demands and create
new opportunities, products, and services to meet these
demands.
Honest
• Does not engage in deceptive or fraudulent acts; displays
sincerity at all times.

10. Persistent
• Does not easily give up or let go.
Caring
• Understands the feelings, concerns, and needs not only
of his or her customers but also his or her workers.
Helpful
• Is always available to provide assistance.
Faith in goodness and righteousness
• Conducts business fairly and cultivates a culture of
righteousness

11. Organized yet flexible
• Is able to adapt to any change yet remain logical and organized
Confident
• Feels or shows certainty, as of success.
Strategist
• Is a careful planner; sets long term goals and plans and
executes a well thought of strategy in order to achieve them.
Prudent
• Is never wasteful and always ensures that all resources are used
wisely and every bit of raw material does not go to waste

12. Determined
• Is a go-getter and an achiever; acting on a dream, vision, and plan,
no matter how hard it may seem at first
Knowledgeable
• Is well-trained and possess information and understanding of
concepts necessary to run a business venture
High quality philosophy
• Strives for excellence and perfection to exceed customer
satisfaction
Takes calculated risks and knows how to match opportunities with
market realities; takes on risks anticipating business profitability and
chances of success.

13. Instruction: Complete the cloud map. Give
a simple example of the given
characteristic.

14. Instruction: Choose thumbs up if the situation define a good
characteristic of an entrepreneur and thumbs down if not.
1. Thalia is a goal getter.
2. Joshua doesn’t want to take a risk for his small
business.
3. Lian, is indecisive towards her plans for her
business.
4. Joana always think the best for her customer in
picking products.
5. Haylee, checking what is on thread nowadays
that helps her business grow.

15. Let’s reflect
Who can be an ideal entrepreneur?
What are the characteristics and values that
help individuals become successful
entrepreneurs?

16. TLE – ICT
Week 1 – Day 2
Identifying the Buyer
and the Seller

17. Let’s think!
Do you think you have characteristic of an
entrepreneur? What kind of characteristic is it?
In the future do want to own a business? What
kind of business?

18. Can you tell what’s on the picture?
What do you think is their roles?

19. From above, let us now know more about the
seller and the buyer.
What do you think you are? Are you the seller or
the buyer?

20. Discussion
Starting your own business entails serious hard work. It involves,
among others, activities such as research, planning, testing,
developing, marketing, and the like.
What type of business do you want to get into? A business involves
selling a product or service or both.
A product is something that is manufactured following a process,
in order tobe sold for a profit.
A service is a facility supplying a public or market needed or
demand. Some examples are hair salons offering hair care and hair
styling services; bus companies, offering transport services; and spas
and wellness centers offering massage services, skin care treatments,
and the
like.

21. Discussion
There are two people or parties involved in business
transaction
such as selling and buying, the seller and the buyer.
1. The Seller
- owns or manages a store or business establishment
- offers goods, products, or services to those who need it
- must learn the art of selling
- must maintain good relationships with people, patient,
and
courteous towards the prospective consumers or
buyers. Sells products, goods, or services at a specified
amount called selling price.

22. Discussion
• 2. The Buyer
- buys goods or services from the seller
- is also a consumer who makes use of the
goods to meet
his/her needsor wants and those of his
family
- also called the end user because they
use the good or
product or service in order to meet the
needs and wants of
consumers and derive satisfaction from it.

23. Below are the duties of a seller:
1.Make business fairly with buyers
2.Deliver on time, with proper care and place of delivery
3.Provide warranty for the product sold to the buyer.
The seller sells products, goods, or services at a specified
amount
called his selling price, while buyer is the person who buys
goods or
services from the seller.

24. Instruction: Read the following statements below. Identify and
write B if it refers to the Buyer and S if it’s Seller.
1. Invest to the products and materials of the
item.
2. Give feedback to an item or services.
3. Making sure of the good service in the
business.
4. The one who consume the products.
5. Keeping the trust of the customer.

25. Let’s Reflect
Differentiate buyers from sellers.
Based on your point of view or experiences,
discuss the important roles of buyers and sellers
in business.

26. TLE – ICT
Week 1 – Day 3
Produce Simple
Products

27. Let’s Think!
What are the best products or services that you
already encounter? It can be food, toy, or any
purchases.
Where do you buy these products nowadays?

28. Small Group
In a small group, share your insight on what kind
of business to you want to get into? What kind
of product or services.

29. Discussion
• A product is something that is manufactured
following a process, or grown and nurtured in
order to be sold for a profit.

30. An ideal entrepreneur desires to establish
business that will be able to produce simple
products. Starting your own business entails
serious hard work. It involves, among others,
such as activities as research, planning, testing,
developing, marketing, and the like.

31. Hints to help one decide what type of business to get into:
• Start with a hobby or interest.
• Produce something that you can offer or sell to your
friends and school mates.
• Products that are always in demand are food items.
• Start small before you think of producing bigger quantities.
• Do some research and investigation.
• Observe people and their food preferences.
• Check existing products in the local market.

32. Things to remember when putting up a business:
• Keep your cost down while maintaining the quality of
your product.
• Make sure to canvass and find out where you can get
your materials and supplies in the best price available.
• Purchase ingredients in a store or market that sells
fresh produce.
• Packaging must be of good quality to affect its
saleability.

33. Instruction: In a bond paper, think a product or
services that you want to offer to your customer.
Try to have a price list for each product or
services.

34. After your activity on your bond paper. Share it
to the class.

35. Write down you costing to your product.
What are the prices of ingredients of materials?
You may use the table.
Materials Quantity Price

36. What are the things to remember when putting
up a business?

37. TLE – ICT
Week 1 – Day 4

38. Based on our discussion, do you think that
business is easy? Why? Or Why not?

39. Reflection Time!
Read and answer the following questions below.
1. What business can you create out of the things you
enjoy doing?
Name at least three.
2. Do you think people need the product or service that
these businesses offer? Why?
3. Do you think people are willing to buy these products
or services? Why?