This document summarizes key concepts from Chapter 2 of an entrepreneurial mindset textbook. It discusses mindset characteristics like fixed vs growth mindsets. It then outlines 8 characteristics of an entrepreneurial mindset including curiosity, commitment, optimism, flexibility, ownership, leadership, connection, and self-respect. It also discusses essentials like passion first, believing everything is possible, accountability, connectedness, giving back, gratitude, and seizing current opportunities. Finally, it examines opportunity recognition using pathways like finding, searching, effectuating, and designing opportunities.
The document defines entrepreneurs as individuals who undertake risks to create new business enterprises. It describes the entrepreneurial process and characteristics such as innovation, risk-bearing, and profit potential. Entrepreneurs can be classified in various ways, including by type of business, use of technology, ownership, gender, and size of enterprise. The functions of entrepreneurs include innovation, risk assumption, research, developing management skills, overcoming resistance to change, and catalyzing economic development. The document also discusses some common myths about entrepreneurship.
This document summarizes Howard Gardner's theory of multiple intelligences, which challenges the traditional view of intelligence as a single general ability measured by IQ tests. It identifies eight types of intelligence: linguistic, logical-mathematical, bodily-kinesthetic, spatial, musical, interpersonal, intrapersonal, and naturalist. For each intelligence, it provides examples of characteristics and strengths. The document discusses implications for teaching practices and concludes that individuals possess diverse intelligences expressed in different ways defined by culture.
This document discusses strategies for teaching entrepreneurship beyond traditional lectures and business plans. It outlines several alternative teaching methods including simulations, games, and experiential activities. Computer-based simulations and behavioral simulations are described as ways to develop entrepreneurial skills like problem-solving, scenario generation, and opportunity seeking. The document also proposes unconventional teaching methods like using classic literature, videos, and life stories to teach entrepreneurship concepts.
Entrepreneurs possess characteristics that help economies and societies. They take risks to innovate factors of production and shift resources to higher productivity. Definitions describe entrepreneurs as adventurers who organize businesses and assume risks. Successful entrepreneurs enjoy challenges but are careful planners who attribute success to hard work. As leaders, entrepreneurs have qualities like selfless dedication, purpose, vision, courage, conviction, enthusiasm, integrity, and tact. They are positive thinkers who make decisions by carefully identifying problems, gathering data, analyzing options, selecting solutions, and implementing them.
The document discusses the nature of learners and their fundamental equipment. It describes learners as having both a sentient body and rational soul. Learners are equipped with cognitive faculties like the five senses, instinct, imagination, memory, and intellect, as well as appetitive faculties such as feelings, emotions, and rational will. Learners differ in their degree of ability, aptitude, interests, family/cultural background, and attitudes. Gardner's theory of multiple intelligences is discussed, identifying different types of intelligence like verbal-linguistic, logical-mathematical, spatial, bodily-kinesthetic, musical, interpersonal, intrapersonal, and naturalist. Learning styles are also
The document discusses the noble profession of teaching. It emphasizes that teaching is a mission to influence students to love learning. A good teacher has the power to make a lasting difference in students' lives. The document also covers the nature of learners, their fundamental equipment and abilities, Gardner's theory of multiple intelligences, and different learning styles.
1. Psychology is the scientific study of behavior and mental processes. It aims to describe, explain, predict, and control behavior.
2. Important theories of motivation include drive theory, which proposes that organisms are motivated to reduce tension caused by unmet needs, and incentive theory, which proposes that external goals motivate behavior.
3. Memory and learning involve both behavioral and cognitive processes. Behavioral theories like classical and operant conditioning influenced learning, while cognitive theories examined concepts, problem-solving, and meaningful learning.
Using Technology for Teaching and Learning in the 21st Century Classroom aaliyahroberts1
The document discusses using technology in 21st century classrooms. It notes that students today are digital learners and curriculum is being adapted to meet their needs. Curriculum focuses on research, projects, real-world experiences, and incorporates technology into engaging lesson plans. Technology is used as a tool to create knowledge, not replace teachers, and students should have access both at home and school using devices like smartboards, computers, tablets, and social media. Stakeholders across education play a role in planning curriculum to prepare students for their future.
The document defines entrepreneurs as individuals who undertake risks to create new business enterprises. It describes the entrepreneurial process and characteristics such as innovation, risk-bearing, and profit potential. Entrepreneurs can be classified in various ways, including by type of business, use of technology, ownership, gender, and size of enterprise. The functions of entrepreneurs include innovation, risk assumption, research, developing management skills, overcoming resistance to change, and catalyzing economic development. The document also discusses some common myths about entrepreneurship.
This document summarizes Howard Gardner's theory of multiple intelligences, which challenges the traditional view of intelligence as a single general ability measured by IQ tests. It identifies eight types of intelligence: linguistic, logical-mathematical, bodily-kinesthetic, spatial, musical, interpersonal, intrapersonal, and naturalist. For each intelligence, it provides examples of characteristics and strengths. The document discusses implications for teaching practices and concludes that individuals possess diverse intelligences expressed in different ways defined by culture.
This document discusses strategies for teaching entrepreneurship beyond traditional lectures and business plans. It outlines several alternative teaching methods including simulations, games, and experiential activities. Computer-based simulations and behavioral simulations are described as ways to develop entrepreneurial skills like problem-solving, scenario generation, and opportunity seeking. The document also proposes unconventional teaching methods like using classic literature, videos, and life stories to teach entrepreneurship concepts.
Entrepreneurs possess characteristics that help economies and societies. They take risks to innovate factors of production and shift resources to higher productivity. Definitions describe entrepreneurs as adventurers who organize businesses and assume risks. Successful entrepreneurs enjoy challenges but are careful planners who attribute success to hard work. As leaders, entrepreneurs have qualities like selfless dedication, purpose, vision, courage, conviction, enthusiasm, integrity, and tact. They are positive thinkers who make decisions by carefully identifying problems, gathering data, analyzing options, selecting solutions, and implementing them.
The document discusses the nature of learners and their fundamental equipment. It describes learners as having both a sentient body and rational soul. Learners are equipped with cognitive faculties like the five senses, instinct, imagination, memory, and intellect, as well as appetitive faculties such as feelings, emotions, and rational will. Learners differ in their degree of ability, aptitude, interests, family/cultural background, and attitudes. Gardner's theory of multiple intelligences is discussed, identifying different types of intelligence like verbal-linguistic, logical-mathematical, spatial, bodily-kinesthetic, musical, interpersonal, intrapersonal, and naturalist. Learning styles are also
The document discusses the noble profession of teaching. It emphasizes that teaching is a mission to influence students to love learning. A good teacher has the power to make a lasting difference in students' lives. The document also covers the nature of learners, their fundamental equipment and abilities, Gardner's theory of multiple intelligences, and different learning styles.
1. Psychology is the scientific study of behavior and mental processes. It aims to describe, explain, predict, and control behavior.
2. Important theories of motivation include drive theory, which proposes that organisms are motivated to reduce tension caused by unmet needs, and incentive theory, which proposes that external goals motivate behavior.
3. Memory and learning involve both behavioral and cognitive processes. Behavioral theories like classical and operant conditioning influenced learning, while cognitive theories examined concepts, problem-solving, and meaningful learning.
Using Technology for Teaching and Learning in the 21st Century Classroom aaliyahroberts1
The document discusses using technology in 21st century classrooms. It notes that students today are digital learners and curriculum is being adapted to meet their needs. Curriculum focuses on research, projects, real-world experiences, and incorporates technology into engaging lesson plans. Technology is used as a tool to create knowledge, not replace teachers, and students should have access both at home and school using devices like smartboards, computers, tablets, and social media. Stakeholders across education play a role in planning curriculum to prepare students for their future.
This document discusses the importance of teaching students metacognitive strategies so that they can learn to think about their own thinking and become independent, self-monitoring learners. It defines metacognition and various metacognitive strategies teachers can use, such as thinking aloud, thinking journals, and mnemonic devices. The document emphasizes that teachers must explicitly teach and model these strategies for students and provide opportunities for students to practice them.
This document discusses social literacy and contains information about social skills, emotional intelligence, and people skills. It provides definitions and strategies for developing these skills. Social literacy involves social skills like effective communication, empathy, and relationship management. Emotional intelligence strategies include self-awareness, controlling thoughts, and demonstrating empathy. People skills tools for communicating effectively are good communication, conflict resolution, patience, and understanding. The document emphasizes the importance of these skills for teachers in managing classrooms and social and work success.
Definition of an Entrepreneur
Role of the Entrepreneur
The Entrepreneur
Entrepreneur as an Economic Pioneer
Entrepreneurs V. Intrapreneurs
Reasons for Growth of Entrepreneurship
Intrapreneurship
Traits of Entrepreneurs
Characteristics of Entrepreneurs
Key Personal Attributes
Technical Proficiency
Planning
Motivations
Lifestyle Venture
Smaller Profit Venture
High Growth Ventures
Start or Buy?
The Market
What about the cost
Domestic or Global
Entrepreneurship: Growth Pressures
Formal Organization
Entrepreneurship Organization
Managing a Family Business
Corporate INTRA-preneurs
Sternberg’s Successful Intelligence Theory and WICS Model, Problem Solving an...Ida Lyn Azuelo
Facilitating Learning: A Metacognitive Process (3rd Edition) by Maria Rita D. Lucas, Ph.D and Brenda B. Corpuz, Ph.D
Module 17 Sternberg’s Successful Intelligence Theory and WICS Model
Module 18 Problem Solving and Creativity
Module 19 Meaning and Types of Motivation
This document provides an example specimen paper for an Advanced Subsidiary GCE Media Studies exam focusing on key media concepts in TV drama. It includes two sections - Section A involves textual analysis of an unseen TV extract, and Section B addresses institutions and audiences. The document provides sample questions, marking schemes, and indicative content for candidates to potentially discuss and be assessed on regarding representations, technical elements, institutions, and audience targeting.
This document discusses several theories of motivation:
1. Attribution theory explains how people attribute their successes and failures to internal or external factors.
2. Self-efficacy theory states that a sense of competence and belief in one's abilities increases motivation. Strategies to enhance self-efficacy are outlined.
3. Self-determination theory discusses how providing choices and evaluating performance in a non-controlling way can increase motivation. Self-regulation involves goal-setting, planning, and self-monitoring.
This document outlines various philosophies of education including their perspectives on why teach, what to teach, and how to teach. It discusses 10 different philosophies: essentialism focuses on acquiring basic knowledge through traditional disciplines taught through mastery and memorization. Progressivism views education as life preparation and emphasizes experiential learning to develop democratic citizens. Perennialism believes in developing students' rational and moral powers through use of great books and Socratic dialogue. Constructivism and existentialism focus on helping students construct their own knowledge and understand themselves as individuals who make their own choices. Behaviorism and linguistic philosophy emphasize shaping student behavior and developing communication skills through environmental stimuli and experience. Idealism and realism involve developing students' ability
Myths and Theories of Entrepreneurship _ Villegas, J..pptxJezhabeth Villegas
The document outlines ten common myths about entrepreneurs and discusses several theories of entrepreneurship. It debunks myths such as entrepreneurs working 24/7, taking lots of risks, and only being motivated by money. It also summarizes theories like the risk bearing theory, entrepreneurship theory, sociological theory, and innovation theory. The document provides an overview of what myths and theories relate to entrepreneurship.
Psychologist Howard Gardner identified nine types of intelligence in his theory of multiple intelligences. The nine intelligences are linguistic, logical-mathematical, bodily-kinesthetic, spatial, musical, interpersonal, intrapersonal, naturalist, and existential. Gardner argued parents should help children develop their innate strengths rather than try to make children conform to the parents' strengths.
This document discusses Jerome Bruner's theory of learning and constructivism. Some key points include:
- Bruner believed learning is an active process where learners construct new ideas based on past knowledge.
- He identified three stages of representation: enactive, iconic, and symbolic.
- Bruner's spiral curriculum involves revisiting topics at increasing levels of complexity tailored to students' development.
- Discovery learning and scaffolding instruction are important principles in Bruner's view of how students learn best.
Principles teaching 1: The Nature of Learnersriencerobbie09
This document discusses the key elements of teaching and learning from a philosophical perspective. It describes the learner as having both a body and a soul, and that teachers must nourish both the physical and spiritual needs of students. It outlines several of the learner's cognitive and appetitive faculties, including the five senses, imagination, memory, intellect, feelings, emotion, and will. It also discusses factors that contribute to differences among learners such as ability, aptitude, interests, family background, attitudes, and values. The document emphasizes the importance of developing all aspects of the learner.
“SEARCH FOR BUSINESS OPPORTUNITY, IDEATION, INNOVATION AND CREATIVITY.pptxHaenJaeEun
The document discusses factors that affect identifying business opportunities, including markets, individual interests, capital, skills, supplies, manpower, and technology. It also outlines processes for seeking opportunities, such as observing successful businesses, solving problems, home-based businesses, and leveraging resources. Key steps in market research and selecting optimal locations are also presented.
Howard Gardner: Multiple Intelligences TheorySEEMAS ACADEMY
The document discusses Howard Gardner's theory of multiple intelligences, which proposes that intelligence is comprised of at least nine distinct types rather than a single general ability. It defines each type of intelligence, including logical-mathematical, intrapersonal, interpersonal, linguistic, bodily-kinesthetic, visual-spatial, musical, naturalist, and existential. The theory argues that people possess different combinations of these intelligences and can strengthen each one. It aims to categorize talents and skills in a way that allows for diverse teaching methods rather than a single approach.
Week 1 - Lecture 1 - The Entrepreneurial Lifebradhapa
The document is a lecture on entrepreneurship that defines key terms like entrepreneur, small business, and opportunity. It describes different types of entrepreneurs such as founders, franchisees, artisan entrepreneurs, and opportunistic entrepreneurs. It also discusses motivations for becoming an entrepreneur like necessity or passion, and characteristics of successful entrepreneurs like commitment, leadership, and risk-taking.
This document provides an introduction to entrepreneurship, including definitions and concepts. It discusses key topics such as:
- The definition of an entrepreneur and entrepreneurship from various perspectives.
- Entrepreneurial traits like innovation, risk-bearing, and passion.
- The differences between entrepreneurs, managers, and intrapreneurs.
- The entrepreneurial decision process and 5 stages: discovery, concept development, resourcing, actualization, and harvesting.
- The role of entrepreneurship in economic development through capital formation, job creation, wealth distribution, and more.
- Ethics and social responsibility for entrepreneurs.
It provides an overview of the major concepts and topics within the field
Creativity PowerPoint PPT Content Modern SampleAndrew Schwartz
This document discusses creativity and how it can lead to organizational success. It defines creativity as using intellectual skills like choosing, predicting, and interpreting to come up with novel ideas. Creativity benefits both individuals through improved well-being, and businesses by enabling innovation. The presentation aims to help participants understand how the creative mind works, increase personal creativity, foster creativity in organizations, and use creativity in teams.
Chapter 5: Learning theories related to educationa Technologyosorio486
This document discusses learning theories related to educational technology. It describes three major learning theories: behaviorism, cognitivism, and constructivism. Behaviorism focuses on observable behaviors and reinforcement. Cognitivism focuses on how information is processed, stored, and retrieved. Constructivism views learning as an active process where learners construct new ideas based on their existing knowledge and experiences. The document also provides principles for effective instruction, technology utilization, media utilization, and text utilization that align with these theories.
Chapter 1 the foundation of entrepreneurship (lecture 1 & 2)Afzaal Ali
The document defines an entrepreneur as a person who starts and operates a business by taking on financial risk. It discusses the key skills needed by an engineer entrepreneur, including both engineering/technical skills as well as business management and entrepreneurial skills. Finally, it outlines some of the key characteristics, expectations, rewards and challenges of being an entrepreneur.
Kendall's and Marzano's New Taxonomy pptMiakaBalino
Kendall's and Marzano's New taxonomy ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ ppt.
The document provides an overview of topics related to empowering entrepreneurs, including examining entrepreneurial mindsets and skillsets. It discusses definitions of entrepreneurial mindset from various sources and key traits such as curiosity, growth mindset, and persistence. Entrepreneurial skills covered include creativity, teamwork, idea generation, and pitching. It also discusses developing entrepreneurial habits around self-leadership, creativity, and improvisation. Fear is discussed as a factor that can inhibit creativity, and the power of beliefs to enable extraordinary accomplishments.
This document defines entrepreneurship and different types of entrepreneurs. It discusses why people choose to become entrepreneurs and the personality traits of successful entrepreneurs. Specifically, it defines entrepreneurs as innovators who take on the risk of starting new businesses. It identifies several types of entrepreneurs, including innovative entrepreneurs who create new ideas, imitating entrepreneurs who follow others' ideas, and social entrepreneurs who drive social change. The document also explains that people become entrepreneurs for reasons like being their own boss, financial success, and flexibility. Finally, it lists traits like vision, energy, creativity, and risk-taking that are common among successful entrepreneurs.
This document discusses the importance of teaching students metacognitive strategies so that they can learn to think about their own thinking and become independent, self-monitoring learners. It defines metacognition and various metacognitive strategies teachers can use, such as thinking aloud, thinking journals, and mnemonic devices. The document emphasizes that teachers must explicitly teach and model these strategies for students and provide opportunities for students to practice them.
This document discusses social literacy and contains information about social skills, emotional intelligence, and people skills. It provides definitions and strategies for developing these skills. Social literacy involves social skills like effective communication, empathy, and relationship management. Emotional intelligence strategies include self-awareness, controlling thoughts, and demonstrating empathy. People skills tools for communicating effectively are good communication, conflict resolution, patience, and understanding. The document emphasizes the importance of these skills for teachers in managing classrooms and social and work success.
Definition of an Entrepreneur
Role of the Entrepreneur
The Entrepreneur
Entrepreneur as an Economic Pioneer
Entrepreneurs V. Intrapreneurs
Reasons for Growth of Entrepreneurship
Intrapreneurship
Traits of Entrepreneurs
Characteristics of Entrepreneurs
Key Personal Attributes
Technical Proficiency
Planning
Motivations
Lifestyle Venture
Smaller Profit Venture
High Growth Ventures
Start or Buy?
The Market
What about the cost
Domestic or Global
Entrepreneurship: Growth Pressures
Formal Organization
Entrepreneurship Organization
Managing a Family Business
Corporate INTRA-preneurs
Sternberg’s Successful Intelligence Theory and WICS Model, Problem Solving an...Ida Lyn Azuelo
Facilitating Learning: A Metacognitive Process (3rd Edition) by Maria Rita D. Lucas, Ph.D and Brenda B. Corpuz, Ph.D
Module 17 Sternberg’s Successful Intelligence Theory and WICS Model
Module 18 Problem Solving and Creativity
Module 19 Meaning and Types of Motivation
This document provides an example specimen paper for an Advanced Subsidiary GCE Media Studies exam focusing on key media concepts in TV drama. It includes two sections - Section A involves textual analysis of an unseen TV extract, and Section B addresses institutions and audiences. The document provides sample questions, marking schemes, and indicative content for candidates to potentially discuss and be assessed on regarding representations, technical elements, institutions, and audience targeting.
This document discusses several theories of motivation:
1. Attribution theory explains how people attribute their successes and failures to internal or external factors.
2. Self-efficacy theory states that a sense of competence and belief in one's abilities increases motivation. Strategies to enhance self-efficacy are outlined.
3. Self-determination theory discusses how providing choices and evaluating performance in a non-controlling way can increase motivation. Self-regulation involves goal-setting, planning, and self-monitoring.
This document outlines various philosophies of education including their perspectives on why teach, what to teach, and how to teach. It discusses 10 different philosophies: essentialism focuses on acquiring basic knowledge through traditional disciplines taught through mastery and memorization. Progressivism views education as life preparation and emphasizes experiential learning to develop democratic citizens. Perennialism believes in developing students' rational and moral powers through use of great books and Socratic dialogue. Constructivism and existentialism focus on helping students construct their own knowledge and understand themselves as individuals who make their own choices. Behaviorism and linguistic philosophy emphasize shaping student behavior and developing communication skills through environmental stimuli and experience. Idealism and realism involve developing students' ability
Myths and Theories of Entrepreneurship _ Villegas, J..pptxJezhabeth Villegas
The document outlines ten common myths about entrepreneurs and discusses several theories of entrepreneurship. It debunks myths such as entrepreneurs working 24/7, taking lots of risks, and only being motivated by money. It also summarizes theories like the risk bearing theory, entrepreneurship theory, sociological theory, and innovation theory. The document provides an overview of what myths and theories relate to entrepreneurship.
Psychologist Howard Gardner identified nine types of intelligence in his theory of multiple intelligences. The nine intelligences are linguistic, logical-mathematical, bodily-kinesthetic, spatial, musical, interpersonal, intrapersonal, naturalist, and existential. Gardner argued parents should help children develop their innate strengths rather than try to make children conform to the parents' strengths.
This document discusses Jerome Bruner's theory of learning and constructivism. Some key points include:
- Bruner believed learning is an active process where learners construct new ideas based on past knowledge.
- He identified three stages of representation: enactive, iconic, and symbolic.
- Bruner's spiral curriculum involves revisiting topics at increasing levels of complexity tailored to students' development.
- Discovery learning and scaffolding instruction are important principles in Bruner's view of how students learn best.
Principles teaching 1: The Nature of Learnersriencerobbie09
This document discusses the key elements of teaching and learning from a philosophical perspective. It describes the learner as having both a body and a soul, and that teachers must nourish both the physical and spiritual needs of students. It outlines several of the learner's cognitive and appetitive faculties, including the five senses, imagination, memory, intellect, feelings, emotion, and will. It also discusses factors that contribute to differences among learners such as ability, aptitude, interests, family background, attitudes, and values. The document emphasizes the importance of developing all aspects of the learner.
“SEARCH FOR BUSINESS OPPORTUNITY, IDEATION, INNOVATION AND CREATIVITY.pptxHaenJaeEun
The document discusses factors that affect identifying business opportunities, including markets, individual interests, capital, skills, supplies, manpower, and technology. It also outlines processes for seeking opportunities, such as observing successful businesses, solving problems, home-based businesses, and leveraging resources. Key steps in market research and selecting optimal locations are also presented.
Howard Gardner: Multiple Intelligences TheorySEEMAS ACADEMY
The document discusses Howard Gardner's theory of multiple intelligences, which proposes that intelligence is comprised of at least nine distinct types rather than a single general ability. It defines each type of intelligence, including logical-mathematical, intrapersonal, interpersonal, linguistic, bodily-kinesthetic, visual-spatial, musical, naturalist, and existential. The theory argues that people possess different combinations of these intelligences and can strengthen each one. It aims to categorize talents and skills in a way that allows for diverse teaching methods rather than a single approach.
Week 1 - Lecture 1 - The Entrepreneurial Lifebradhapa
The document is a lecture on entrepreneurship that defines key terms like entrepreneur, small business, and opportunity. It describes different types of entrepreneurs such as founders, franchisees, artisan entrepreneurs, and opportunistic entrepreneurs. It also discusses motivations for becoming an entrepreneur like necessity or passion, and characteristics of successful entrepreneurs like commitment, leadership, and risk-taking.
This document provides an introduction to entrepreneurship, including definitions and concepts. It discusses key topics such as:
- The definition of an entrepreneur and entrepreneurship from various perspectives.
- Entrepreneurial traits like innovation, risk-bearing, and passion.
- The differences between entrepreneurs, managers, and intrapreneurs.
- The entrepreneurial decision process and 5 stages: discovery, concept development, resourcing, actualization, and harvesting.
- The role of entrepreneurship in economic development through capital formation, job creation, wealth distribution, and more.
- Ethics and social responsibility for entrepreneurs.
It provides an overview of the major concepts and topics within the field
Creativity PowerPoint PPT Content Modern SampleAndrew Schwartz
This document discusses creativity and how it can lead to organizational success. It defines creativity as using intellectual skills like choosing, predicting, and interpreting to come up with novel ideas. Creativity benefits both individuals through improved well-being, and businesses by enabling innovation. The presentation aims to help participants understand how the creative mind works, increase personal creativity, foster creativity in organizations, and use creativity in teams.
Chapter 5: Learning theories related to educationa Technologyosorio486
This document discusses learning theories related to educational technology. It describes three major learning theories: behaviorism, cognitivism, and constructivism. Behaviorism focuses on observable behaviors and reinforcement. Cognitivism focuses on how information is processed, stored, and retrieved. Constructivism views learning as an active process where learners construct new ideas based on their existing knowledge and experiences. The document also provides principles for effective instruction, technology utilization, media utilization, and text utilization that align with these theories.
Chapter 1 the foundation of entrepreneurship (lecture 1 & 2)Afzaal Ali
The document defines an entrepreneur as a person who starts and operates a business by taking on financial risk. It discusses the key skills needed by an engineer entrepreneur, including both engineering/technical skills as well as business management and entrepreneurial skills. Finally, it outlines some of the key characteristics, expectations, rewards and challenges of being an entrepreneur.
Kendall's and Marzano's New Taxonomy pptMiakaBalino
Kendall's and Marzano's New taxonomy ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ ppt.
The document provides an overview of topics related to empowering entrepreneurs, including examining entrepreneurial mindsets and skillsets. It discusses definitions of entrepreneurial mindset from various sources and key traits such as curiosity, growth mindset, and persistence. Entrepreneurial skills covered include creativity, teamwork, idea generation, and pitching. It also discusses developing entrepreneurial habits around self-leadership, creativity, and improvisation. Fear is discussed as a factor that can inhibit creativity, and the power of beliefs to enable extraordinary accomplishments.
This document defines entrepreneurship and different types of entrepreneurs. It discusses why people choose to become entrepreneurs and the personality traits of successful entrepreneurs. Specifically, it defines entrepreneurs as innovators who take on the risk of starting new businesses. It identifies several types of entrepreneurs, including innovative entrepreneurs who create new ideas, imitating entrepreneurs who follow others' ideas, and social entrepreneurs who drive social change. The document also explains that people become entrepreneurs for reasons like being their own boss, financial success, and flexibility. Finally, it lists traits like vision, energy, creativity, and risk-taking that are common among successful entrepreneurs.
Unit 1- Introduction to Entrepreneurship (BOCS,BOET-505D).pdfShikhaAeron2
Course Content:
Unit I: Introduction to Entrepreneurship: Entrepreneurs; entrepreneurial personality and intentions, characteristics, traits and behavioral; entrepreneurial challenges.
Unit 1- Introduction to Entrepreneurship (BOCS,BOET-505D).pdfShikhaAeron2
Innovation and Entrepreneurship discusses key concepts like creativity, innovation, and entrepreneurship. Creativity involves generating new ideas while innovation makes existing things better. Entrepreneurship involves taking financial risks to make a profit. The document outlines characteristics of entrepreneurs like risk-taking, leadership, and the ability to recognize opportunities. It also discusses challenges entrepreneurs face such as selecting products/services, developing sales strategies, and managing employees/finances, and provides solutions like market research, clear communication, and goal-setting.
This document defines entrepreneurship and outlines its importance and key characteristics. It discusses four criteria for becoming an entrepreneur: opportunities to recombine resources for profit, differences between individuals, willingness to take risks, and ability to organize resources. The document also covers motivations like money, flexibility, control, teamwork, and legacy that drive people toward entrepreneurship. It lists 10 essential characteristics of successful entrepreneurs like being creative, passionate, motivated, optimistic, and decisive.
Twelve essential characteristics of a successful entrepreneur.pptxAroojFatima917003
This document outlines 12 key characteristics of successful entrepreneurs: vision, motivation, risk tolerance, innovation, discipline, self-confidence, adaptability, leadership, creativity, attention to detail, curiosity, and passion. Entrepreneurs have a clear vision and goals for their business, are highly motivated and driven despite risks of failure, embrace innovation, possess strong self-discipline and belief in themselves, can adapt to changing situations, demonstrate leadership skills, think creatively, pay close attention to details, exhibit curiosity to explore new opportunities, and have a passion for their work and its impact.
In a world full of uncertainty and ever-evolving challenges, it is more important than ever to have an entrepreneurial mindset.
The ability to grasp the value of failure and harness its potential has the potential to transform not just businesses, but individuals and societies as well. By venturing beyond the confines of traditional thinking, individuals can pave the way for innovation, resilience, and a relentless pursuit of success.
In this article, we will explore the importance of developing an entrepreneurial mindset, along with an understanding of why failure can serve as a tremendous catalyst towards personal and professional growth.
Prepare yourself for a journey that will ignite the flame of possibility, reset perceptions of failure and empower you to unlock the extraordinary within you.
To gain competency, a person needs to be able to interpret situations contextually based on their experiences and training. Competency grows through experience and an individual's ability to learn and adapt regardless of training. The document provides tips for developing competencies like clarity of purpose, practical creativity, objective analytical power, market orientation, entrepreneurial drive, leading others, developing others, and influencing others. It emphasizes understanding contexts, creating action plans, flexibility in thinking, analytical thinking, understanding customers, initiative, leadership, developing skills in others, and influencing through relationships.
This document discusses the characteristics and competencies of successful entrepreneurs. It begins by explaining how farm mechanization led to the rise of entrepreneurial businesses providing tractor and harvesting services. It then lists characteristics like optimism, self-confidence, creativity, and strong decision-making that entrepreneurs possess. Their lifestyles involve a sense of freedom and flexibility in scheduling work. Personal competencies that contribute to entrepreneurial success include seeking opportunities, taking risks calculated, setting goals, and networking with others. Overall the document provides an overview of traits and skills that allow entrepreneurs to achieve sustainability in business.
An entrepreneur is defined as a person who habitually creates and innovates by recognizing opportunities to build something of value. The document discusses the personality traits of entrepreneurs, including a motivation for independence and wealth, perseverance, and risk-taking. It also outlines environmental and action factors that contribute to entrepreneurial success. Common mistakes that cause small businesses to fail include overexpansion, poor financial management, inadequate business plans, and failure to adapt to market changes. Overall, the key to entrepreneurial success is identifying problems and developing innovative solutions.
This document provides an introduction to entrepreneurship, including definitions, key concepts, and career opportunities. It defines entrepreneurship as developing a business venture to make a profit by seeking opportunities, establishing and operating a business, and assessing risks and rewards. It discusses the characteristics of entrepreneurs and the common and core competencies of entrepreneurship. Finally, it explores some common small business opportunities in the Philippines, such as sari-sari stores, rice retailing, food carts, printing businesses, buy-and-sell businesses, and street food.
Becoming an Entrepreneur is the first info graphic book of an ongoing series of books you will actually read. The average person can read these book in roughly one hour . The hope is that the big truths packed into these little books will make them different from the many other books that you would never pick up or would pick up only to quickly put down forever because they are simply too wordy and don't get to the point.
The document discusses entrepreneurship and the characteristics of successful entrepreneurs. It defines entrepreneurship as taking initiative and risk to create new business ventures that solve problems. Successful entrepreneurs tend to be passionate, self-confident, goal-oriented, hard-working, and able to accept change. They have a strong drive to succeed, believe in themselves, and are always looking for new ideas and ways to improve.
The document outlines two traditional career paths: working for a big company and gaining management experience or working for a well-managed growing firm, as well as two entrepreneurial paths: starting a startup venture and seeking growth or funding from venture capital. It compares the traditional route of working for others versus the entrepreneurial route of being self-employed and growing businesses.
For many people, entrepreneurship has become the job choice of the 21st century. That's understandable given the challenges and rewards of building a successful business. An entrepreneur is a businessperson who not only conceives and organizes ventures but also frequently takes risks in doing so. Not all independent business people are true entrepreneurs, and not all entrepreneurs are created equal.
Qualities or Personal Entrepreneurial Characteristics (PEC) of successful entrepreneurs refer to the desired traits, which enable the entrepreneurs to do what is expected of them and succeed in business. It is the combination of these characteristics that is required to enable any one to perform effectively as an entrepreneur.
The characteristics of entrepreneurs being numerous, a successful entrepreneur possesses a combination of traits that show both innovation and leadership qualities. Scholars from around the world have worked tirelessly to discover just what characteristics make a good entrepreneur. While a lot of the findings are still open to debate, there's no doubt that great entrepreneurs have these traits which are presented
This lesson will teach you the basics of entrepreneurship beginning with what role it plays in society and the economy. You will also know key concepts of common and core competencies which are required skills to become a successful entrepreneur. You will be able to understand the pros and cons of being an entrepreneur as compared to being an employee. A total persona of an entrepreneur will be included to you, including the characteristics, behaviors, activities, values, and mindset. Last, you will be exposed to the various exciting career opportunities in line with being an entrepreneur.
Similar to r-2-Entrepreneurial-Mindset-and-Opportunity-Recognition.pptx (20)
Explore the key differences between silicone sponge rubber and foam rubber in this comprehensive presentation. Learn about their unique properties, manufacturing processes, and applications across various industries. Discover how each material performs in terms of temperature resistance, chemical resistance, and cost-effectiveness. Gain insights from real-world case studies and make informed decisions for your projects.
2. LEARNING OUTCOMES
1. Compare fixed and growth mindsets;
2. Generalize characteristics and essentials of
entrepreneurial mindset;
3. Assess entrepreneurship as a habit;
4. Consider opportunity recognition using mindset;
5. Integrate structured strategies of forming ideas;
6. Propose pathways towards the identification of
opportunity;
7. Recommend ways on using information rightfully to
create impact; and,
8. Adapt the IDEATE model in opportunity recognition.
3. MINDSET AND ITS CHARACTERISTICS
AND ESSENTIALS
−Mindset is a belief that qualities like intelligence
and talent are fixed or changeable traits.
−A mindset of abundance will consider that there is
plenty of resources for everyone and that resources
will not run out because they are replaceable.
However, a mindset of scarcity shall think that
there is inadequate amount of things around, so
some people can either benefit or lose them.
4. MINDSET AND ITS CHARACTERISTICS
AND ESSENTIALS
−People with a fixed mindset perceive that
their talents and abilities are set.
−People with a growth mindset trusts that
traits can be changed, developed, and
strengthened by working on them.
5. MINDSET AND ITS CHARACTERISTICS AND
ESSENTIALS
Fixed Mindset Growth Mindset
I’m either good at it or I’m
not.
I can learn anything I want to.
When I’m frustrated, I give up. When I’m frustrated, I
persevere.
I don’t like to be challenged. I want to challenge myself.
When I fail, I’m no good. When I fail, I learn.
Tell me I’m smart. Tell me I try hard.
If you succeed, I feel
threatened.
If you succeed, I’m inspired.
My abilities determine
everything.
My effort and attitude
determine everything.
6. CHARACTERISTICS OF AN
ENTREPRENEURIAL MINDSET
1. Curiosity
- Leads to questions, and questions lead to
answers.
- Strengthens the ability to understand
things with a new standpoint.
7. CHARACTERISTICS OF AN
ENTREPRENEURIAL MINDSET
2. Commitment
- Continuing to keep going and persist
amidst problems.
- Rejection and disappointments are
essential elements of an entrepreneur’s
life which needs to be endured.
- The focus should be on achievements.
8. CHARACTERISTICS OF AN
ENTREPRENEURIAL MINDSET
3. Optimism
- Tough attitude towards challenges
makes up successful entrepreneurs.
- Entrepreneur should be hopeful in
exploring its many learning
opportunities.
- For a successful entrepreneur, there is
always a solution to every problem.
9. CHARACTERISTICS OF AN
ENTREPRENEURIAL MINDSET
4. Flexibility
- Helps to be supple to deal with a series of
difficult situations, solve problems easily and
make progress from obstacles.
- Make a journal and timeline to overcome
difficulties.
10. CHARACTERISTICS OF AN
ENTREPRENEURIAL MINDSET
5. Ownership
- Success comes from their own ability.
- The attitude to be responsible for the
things you do.
- Be confident that you can always fulfill
your dreams.
11. CHARACTERISTICS OF AN
ENTREPRENEURIAL MINDSET
6. Leadership
- Guides, motivates, and empowers the
team.
- Through convincing communication and
involving his team, an effective
entrepreneur is able to attain his visions.
- Able to create visions by constantly
being the model of the team.
12. CHARACTERISTICS OF AN
ENTREPRENEURIAL MINDSET
7. Connection
- Entrepreneurs must choose those people
that would form his collective links so
that he could breed his idea.
- There should be both emotional and
financial bonds.
13. CHARACTERISTICS OF AN
ENTREPRENEURIAL MINDSET
8. Self-respect
- It’s vital to take care both of the body,
mind, and spirit.
- Taking care of oneself daily through rest,
exercise, and diet is essential.
14. ESSENTIALS OF THE
ENTREPRENEURIAL MINDSET
1. Passion first
• The best ways to be involved and
continue doing business during difficult
times is to have a sense of meaning and
purpose.
• This is the intention for starting
businesses according to the
entrepreneur’s passion.
15. ESSENTIALS OF THE
ENTREPRENEURIAL MINDSET
2. Everything is possible
• Believing that entrepreneurs are capable
of accomplishing unexpected results.
• They trust that an idea could be possible
to turn into reality.
• They examine first their goals and set
things bigger.
16. ESSENTIALS OF THE
ENTREPRENEURIAL MINDSET
3. 100% accountable
• The power to choose their responses to
any circumstance because they have this
100% Accountable mindset.
• They need to build a new start and form
a different conclusion.
17. ESSENTIALS OF THE
ENTREPRENEURIAL MINDSET
4. We are connected
• Entrepreneurs believe they can achieve
their dreams not by being alone though
they love to be independent.
• They take honor in competition because
they believe that working with, for, and
through others pushes their potentials.
18. ESSENTIALS OF THE
ENTREPRENEURIAL MINDSET
5. Live life to give
• As people in business profit more, they
tend to give more, or what is known as
corporate social responsibility
• They believe that life is a cycle, hence
those people with so much need to give
to people with less.
19. ESSENTIALS OF THE
ENTREPRENEURIAL MINDSET
6. Attitude of gratefulness
• Seldom do people give their attention to
their accomplishments and their present
experiences except for entrepreneurs.
• Even during problematic situations
which entrepreneurs recognized as
opportunities to learn and grow, they are
still grateful about these situations.
20. ESSENTIALS OF THE
ENTREPRENEURIAL MINDSET
7. The time is now
• Recognizing that all their powers exist in
the moment.
• They believe that they cannot change
history and the future is uncertain.
• It is best to take action than simply
waiting on a perfect plan which does not
exist.
21. ENTREPRENEURSHIP AS A
HABIT
• Habit is an unconscious behavior done often and
regularly.
• Good habits can be acquired using “habit loop”, a
process wherein the brain makes decision whether
to store or repeat such behavior.
• Rewarded behavior is most likely repeated.
22. THREE HABITS THAT REQUIRED MOST TO
BE NURTURED AND BE PRACTICED FOR
ENTREPRENEURIAL MINDSET
1. Self-Leadership Habit
• Practice of purposely influencing and
controlling one’s behavior, actions, thinking,
and feeling.
• Related to optimism, happiness,
consciousness, and emotional intelligence
among others.
23. ENTREPRENEURSHIP AS A
HABIT
• 3 important strategies:
1. Behavior-focused
- Concerns enhancing self-awareness to
manage behaviors especially when dealing
with essential but not-so-good tasks.
- Ways to accomplish this include: Self-
observation, Self-goal setting, Self reward,
Self-punishment, Self-cuing.
24. ENTREPRENEURSHIP AS A
HABIT
2. Natural Reward
- About making every tasks enjoyable by
emphasizing the positive aspects of each
task and its importance.
3. Constructive Thought
- Creating positive and productive means of
thinking that are advantageous to the
performance of entrepreneurs.
25. ENTREPRENEURSHIP AS A
HABIT
2. Creativity Habit
• Creativity is the capacity of turning fresh ideas,
insights, inventions, products or artistic
objects that are considered to be unique,
useful, and of value to others into reality.
• Creative people are open to experiments and
do not fear to commit mistakes.
• Example: The Aristocrat, the famous
restaurant for its world-renowned Chicken
BBQ & Java Rice combination.
26.
27. Dear God,
We thank You for the school that we have.
We pray to You that this may serve as a safe place
for all of us to learn, have fun, and build strong
friendships.
Thank you to the teachers who teach us.
Thank you for the friends –
the people we can learn new things with.
Thank you for giving us best school to help us
attain our Educational goals.
And thank you for the beautiful day you give us to
learn, to serve others, and to remember the Truth
of Your Glory! All these we ask through the
intercession of Mama Mary, our Patroness! AMEN
28. ENTREPRENEURSHIP AS A
HABIT
3. Improvisation Habit
• Improvisation is the unstructured way of
creating something in the absence of planning.
• Entrepreneurs though start with good ideas
oftentimes possess limited resources,
unpredicted market situations or conflicts
inside the company that hinder them to realize
their initial plans.
29. OPPORTUNITY RECOGNITION USING
MINDSET
• Opportunity is a means to generate profits by
creating unique, innovative, and desirable products
or services which are not being found in the market
yet.
• Opportunity recognition is a process by which
individuals and businesses make use their
entrepreneurial mindset to establish new
businesses or ideas.
30. OPPORTUNITY RECOGNITION USING
MINDSET
• Entrepreneurs are able to see problems as
opportunities. They consider each problem,
frustration , or unmet need they face as a possible
opportunity.
• However, if the right mindset is not utilized, then a
missed opportunity is expected.
31. HOW TO START WITH IDEAS
1. Analytical
• Breaking a problem into details or looking at a
problem in a common way to produce ideas on
improving or innovating products or services.
• Only when thought analytically that
correlation of problems is seen.
32. HOW TO START WITH IDEAS
2. Search
• Linking personal experiences that are
significant to the existing problem.
• Illustrates the ability to be resourceful in
looking for connections between objects that
appears to have no obvious relationship at
first.
33. HOW TO START WITH IDEAS
3. Imagination-Based
• Interrupting doubts and dropping restrictions
to produce fantasies or make believe
situations.
• Sometimes, entrepreneurs need to be playful
in their minds so they can think of ways that
are impossible.
34. HOW TO START WITH IDEAS
4. Habit-Breaking
• To explore a new perspective, entrepreneurs
should think of the opposite of something.
• The ideas of a person not part of a situation
could also be taken particularly those
admirable personalities.
35. HOW TO START WITH IDEAS
5. Relationship-seeking
• Establishing a link between concepts
that are not usually connected.
• Intention is to fuel the mind into making
connectivity that seems to be unnoticed.
36. HOW TO START WITH IDEAS
6. Development
• Employs the modification of existing concepts
to make improved choices and new potentials.
• One way to do this is to brainstorm.
37. HOW TO START WITH IDEAS
7. Interpersonal
• Needs interaction with a group to generate
ideas.
• Brainstorming is also commonly used to
highlight creativity towards new
opportunities.
38. FOUR PATHWAYS TO OPPORTUNITY
IDENTIFICATION
• An opportunity could be in the form of a new
product and/or service, new found markets,
newly opened distribution channels, new ways of
production or supply or new methods of
organizing.
39. FOUR PATHWAYS TO OPPORTUNITY
IDENTIFICATION
1. Find Pathway
• Assumes that opportunities exist independent
of entrepreneurs and are waiting to be found.
• Generally, an opportunity is found when the
entrepreneur sees a clear problem and
develops a solution.
• The problem is known to most, but the
entrepreneur is “the one who acts on the
potential solution”.
40. FOUR PATHWAYS TO OPPORTUNITY
IDENTIFICATION
• This is the experience of Socorro Ramos, the
owner of National Bookstore. She opened
National Bookstore in Escolta with her
husband with a capital of P200, selling books
and school supplies to students. At that time,
Manila was under the control of the Japanese,
who imposed censorship on books and
periodicals. To augment their earning, she and
her husband resorted to selling other items
like candles and soaps.
41. FOUR PATHWAYS TO OPPORTUNITY
IDENTIFICATION
FIND
SEARCH
EFFECTUATE
DESIGN
I saw a
problem
and
developed
a solution.
I knew what I
wanted to
start a
business, but
was unsure
what business
to start. I
intentionally
searched for
different
opportunities.
I thought
about what I
know, my
skills,
experiences,
and abilities
and developed
an idea that
matched ‘me’. I
created
something and
just started
testing it.
I wanted to create
something innovative. I
started looking around,
observed and talked to
some people and
identified new, unmet
needs. Then, I created
something to meet
these needs.
42. FOUR PATHWAYS TO OPPORTUNITY
IDENTIFICATION
2. Search Pathway
• Used when entrepreneurs are not quite
definite what type of business they want to
jump in. Hence, they engage in an active search
to discover new opportunities.
43. FOUR PATHWAYS TO OPPORTUNITY
IDENTIFICATION
• The story of Ragnarok by the company
LevelUp! is a good example. During a business
trip in Korea, Nonoy Colayco smelled the
opportunity of online gaming in the
Philippines. He knew very well that Filipinos
are fond of gaming. Through the help of his son
Ben Colayco, a person passionate with games,
the father and son team brought gaming to a
whole new level called Massively Multiplier
On-line Games (MMOG).
44. FOUR PATHWAYS TO OPPORTUNITY
IDENTIFICATION
The Internet and gaming was really
progressing that time with Counterstrike as
the popular online game. They got the
publishing rights with Oz World and 3D Chat,
but it was with Ragnarok from Korea that
served as the accomplishment of LevelUp!
45. FOUR PATHWAYS TO OPPORTUNITY
IDENTIFICATION
3. Effectuate Pathway
• Uses the entrepreneur’s skills, knowledge, and
abilities to unearth an opportunity that suits
him.
• Such opportunity comes from the experiences,
abilities, networks, and entrepreneur’s
confidence to make action especially during
times of uncertainty.
46. FOUR PATHWAYS TO OPPORTUNITY
IDENTIFICATION
• With only 2 cake displays and 10 employees,
Milagros, Clarita, and Doris Leelin started
Goldilocks at a 70-sq-m building space in
Makati. Sisters Milagros and Clarita loved
baking and decided to pursue their passion
into business. With the help of their sister-in-
law Doris, the Leelin’s opened their first
branch.
47. FOUR PATHWAYS TO OPPORTUNITY
IDENTIFICATION
In 1991, Goldilocks launched its franchising
program. As of 2015, the bakeshop chain had
almost 400 stores across the country, with
other branches in the USA, Canada, and
Southeast Asia. From the modest capital of
P66,000, Goldilocks is now a multi-million
food enterprise with more than 4,000
employees.
48. FOUR PATHWAYS TO OPPORTUNITY
IDENTIFICATION
3. Design Pathway
• Most difficult yet the most-value creating pathway.
• By focusing on the unsatisfied need of the market
particularly the latent ones, the entrepreneur is able to
discover valuable opportunities
• Here the entrepreneur is really creating a new market
Latent needs- needs that customers do have but
do not know they have
.
49. FOUR PATHWAYS TO OPPORTUNITY
IDENTIFICATION
• The craze for potato fries is everywhere now.
Perhaps, this craze evolved from the
Westernization of the Philippines through the
entry of foreign companies in the country
introducing American-style meals such as
burgers and fries. Seeing an opportunity for
success, a local entrepreneur developed an
idea instead of competing against these much
larger companies with the same product.
50. FOUR PATHWAYS TO OPPORTUNITY
IDENTIFICATION
An entrepreneur of humble beginnings, Jose
Magsaysay Jr., is the current president of Potato
Corner. He worked at Wendy's as a dishwasher,
eventually climbing his way up to become a
district manager of Wendy's before opening his
first Potato Corner stall in 1992.
A unique selling proposition is what makes a
given product one of a kind like Potato Corners.
The factors inherent in Potato Corner's USP are
low costs and high efficiency.
51. FOUR PATHWAYS TO OPPORTUNITY
IDENTIFICATION
What Potato Corner did in order to increase
sales and further expand the company was by
introducing franchising to the company. By means
of franchising, interested partners could help
expand the business by paying royalties, and this
in turn made Potato Corner an even more
publicly-recognized company. As a result, Potato
Corner became a 75% publicly-owned company
with franchisees from all over the globe.
52. ALERTNESS, PRIOR KNOWLEDGE AND
PATTERN RECOGNITION
Alertness
• Ability to easily pinpoint opportunities in the
environment.
• Information is everywhere and are just waiting to
be discovered. However, only entrepreneurs that
possess alertness could possibly do this thing.
• With their usual activities everyday, entrepreneurs
turn to be alert to existing opportunities.
53. • Like many travelers Mr. Jonathan Jay Aldeguer
has a natural impulse to purchase souvenirs.
With his entrepreneurial eye, he spotted the
universality and huge potential for a new
business with souvenirs. The souvenir
industry from his entrepreneurial lenses could
become a multi-billion-dollar industry given
the twist.
54. In the Philippines, the industry lacked
creativity in design, visual merchandising,
quality and branding. Filipinos are used to
the ethnic-looking designs which were the
norm. He showcased his products as a
unique experience of a locality that
highlighted his jump-off concept and his
dynamic personality, hence Island
Souvenirs was born. Today he has more
than 110 branches in the country.
55. Prior Knowledge
• Information gathered from the combined life
and work experiences.
• Studies show that entrepreneurs that have
knowledge about the industry and market in
combination with broad network are able to
recognize better the opportunities around
them.
56. PRIOR KNOWLEDGE
• Victoria Belo, more commonly known in the
Philippines as Dra. Vicki Belo, was a victim of
bullying in her childhood years. She was usually
pestered for being ugly and fat. This experience
made her all the more fascinated in the field of
beauty. She imagined herself of becoming
somebody who could make people feel gorgeous
and adored.
57. PRIOR KNOWLEDGE
This led her to be in the medical profession,
particularly in the field of dermatology. Hence,
she obtained a Diploma in Dermatology in
Bangkok, Thailand in 1990. It was in 1990-when
Dra. Belo established her first clinic at the Medical
Towers in Makati. The clinic was the first to make
known liposuction and lasers in the Philippines.
58. PRIOR KNOWLEDGE
The Dra. Belo's Belo Medical Group was also the
first recognized "ambulatory cosmetic surgi-
center in the Philippines" and certified by the
Department of Health (DOH). She is now the
noted dermatologist and "Doctor to the Stars". In
addition, Dr. Belo was hailed "Ambassadress of
Beauty" for the Philippines and tasked to endorse
the country as a world-class cosmetic surgery
destination.
59. Pattern Recognition
• Identifying relationships between seemingly
isolated things or occasions.
• Happens when people make connections of dots
to pinpoint and create opportunities.
• Often, when “connecting dots” there are
constraints that block the way. Real
entrepreneurs ignore these things and try to find
ways to look beyond constraints.
60. • Filipina scientist Aisa Mijeno is an example of
an entrepreneur that knows pattern
recognition. After resigning from her job in the
IT industry and volunteering with Greenpeace,
Mijeno was exposed to "off-grid" living
conditions. Once she had seen the restrictions
no electricity had on day-to-day living. Hence,
she decided to find a way to figure out how to
produce a light source that did not depend on
electricity, batteries or fuel to work.
61. In partnership with Philippine incubator,
Ideaspace Foundation, Mijeno was able to design
and create Sustainable Alternative Lighting or
simply SALt. The SALt Lamp is an environment-
friendly and viable alternative light source that
makes use of saltwater, making it appropriate to
those residing in coastline areas. It can also
function well in far-flung barrios. Using only two
table spoons of salt and one glass of tap water,
this ecologically designed lamp lights for eight
hours.
62. The concept of the SALt lamp is the chemical
conversion of energy. It uses the scientific process
behind the Galvanic cell. However, in place of
electrolytes, the SALt lamp utilizes saline solution,
thus it is harmless and non-toxic.
63. FROM IDEA GENERATION TO
OPPORTUNITY RECOGNITION
• In order for an idea to be feasible, it must be fresh
or inimitable or at least a twist from an existing
concept that will be acceptable and adoptable in
the market.
• The concept should be something of value to
consumers, because it is a need, a desire, useful
and has the capacity to earn profit. Not all idea
could be an opportunity.
• The best ideas are those that could be transform
into doable opportunity.
64. FROM IDEA GENERATION TO
OPPORTUNITY RECOGNITION
• The IDEATE Method is an ideation process
empirically proven to help budding
entrepreneurs recognize problems, cultivate
innovative solutions, and choose the best creative
entrepreneurial idea. This model follows the
process of Identify, Discover, Enhance, Anticipate,
Target, and Evaluate.
65. FROM IDEA GENERATION TO
OPPORTUNITY RECOGNITION
1. Identify
• Identifying problems that customers are trying to
solve, are spending money to solve, but still
unsolved to the satisfaction of customers.. This is
also about identifying solutions to this problem.
66. FROM IDEA GENERATION TO
OPPORTUNITY RECOGNITION
• After quitting his job, Brian Chesky drove to San
Francisco to crash with a college friend, Joe
Gebbia, who also recently quit his job. They were
both having trouble making the upcoming rent
payment. Then they realized that the 2007
Industrial Design Society of America conference
was coming up and that hotel rooms would be
hard to get.
67. FROM IDEA GENERATION TO
OPPORTUNITY RECOGNITION
2. Discover
• Actively searching for ideas in problem-rich
environment where there is social and
demographics change, technological change,
political and regulatory change and/ or change in
the industry structure.
68. FROM IDEA GENERATION TO OPPORTUNITY
RECOGNITION
• Gebbia, who had three air mattresses suggested
they turn their apartment into an "air bed and
breakfast."
69. FROM IDEA GENERATION TO
OPPORTUNITY RECOGNITION
3. Enhance
• Taking the ideas and expanding to new
applications or adding innovative twists. Or
simply enhancing existing ideas.
70. FROM IDEA GENERATION TO
OPPORTUNITY RECOGNITION
• After setting up a simple website
(airbedandbreakfast.com), they managed to
book out their whole apartment in three
days, solving their rent problem.
71. FROM IDEA GENERATION TO
OPPORTUNITY RECOGNITION
4. Anticipate
• Studying change and analyzing future
scenarios as they relate to social,
technological, and other global changes and
trends.
72. FROM IDEA GENERATION TO
OPPORTUNITY RECOGNITION
• The duo, who had met at college at the
Rhode Island School of Design, thought
acting as tour guides to designers would be
a fun way to make money.
73. FROM IDEA GENERATION TO
OPPORTUNITY RECOGNITION
5. Target
• Defining and understanding a particular
target market, validating new ideas with
early adopters.
74. FROM IDEA GENERATION TO
OPPORTUNITY RECOGNITION
• A customer for Airbnb is the one who adds
up to the company's revenue. He can be a
host who offers his space for rent and lists
it on the platform or he can be a traveler
who books a space.
75. A
C
T
I
V
I
T
Y
How Entrepreneurs Find
Opportunity
1. What was the observation of Poss about
the garbage problem? What was his
solution to this problem? Relate here.
2. What particular habit in the
entrepreneurial was used by Poss in this
situation? Discuss briefly.
3. Given the chance, with the same
garbage problem here in the
Philippines, how will you solve it the
entrepreneurial way? Tell your
solution/s.