Personal entrepreneurial competencies (PECs) refer to the traits that enable entrepreneurs to succeed in business. Successful entrepreneurs share characteristics in three clusters: achievement, power, and planning. The achievement cluster involves skills like persistence and risk-taking. The power cluster is the ability to influence others and includes self-confidence and networking. The planning cluster is the process of goal setting, seeking information, and systematic planning for the future.

2. PERSONAL ENTREPRENEURIAL
COMPETENCIES (PECS)
It refers to the desired traits, which enable
an entrepreneur to do what is expected of
him/her and succeed in business. Successful
entrepreneurs have common characteristics,
which are divided into three clusters namely:
achievement, planning and power.

3. 1. ACHIEVEMENT CLUSTER – are accomplished
successfully by means of exertion, skill,
practice, or perseverance. It includes the
following:
• Persistence
• Opportunity Seeking
• Hard working
• Coping Uncertainty
• Coping with failure
• Risk-taking

4. 2. POWER CLUSTER – It is the ability to
influence the behaviour of people. It includes
the following:
• Self-confidence
• Demonstrating initiative
• Persuasion and Networking
• Responding to feedback
• Building on strengths

5. 3. PLANNING CLUSTER – It is the process of
thinking and organizing the activities required to
achieve a desired goal. It includes the following:
• Goal-oriented
• Information Seeking
• Systematic planning and monitoring
• Building for the future
• Setting own standards

6. IMPORTANCE OF ENTREPRENEURSHIP
TO THE LOCAL COMMUNITY
 Entrepreneurs produce employment in the
community.
 Entrepreneurs generate new demand in the
market.
 It makes a generous commitment to the
raising and assortment of taxes.
 Entrepreneurs create new business
opportunities in the market.

7. CAREER OPPORTUNITIES IN
ENTREPRENEURSHIP
1. Business Consultant- with the expertise of the
entrepreneur he can be a very good source of advices to
other entrepreneurs and would be businessman.
2. Teacher- a graduate of an entrepreneurship can use his
knowledge in teaching.
3. Researcher- the entrepreneur can be employed as
researcher by an enterprise.
4. Salesperson - the entrepreneurship graduate can apply
as salesman
5. Business Reporter- the entrepreneur being expert in the
field, he can be employed as business reporter.