ENTREPRENEURSHIP
Mr. De La Cruz
CONCEPT OF ENTREPRENEURSHIP
The word “entrepreneur” was
derived from the French verb
enterprendre, which means “to
undertake.” This is pinpointing
to those who “undertake” the
risk of enterprise. The
enterprise is created by an
CONCEPT OF ENTREPRENEURSHIP
Entrepreneurs are
innovators. They are willing
to take the risks and
generate unique ideas that
can provide profitable
solutions to the needs of the
RELEVANCE OF ENTREPRENEURSHIP TO AN
ORGANIZATION
1. Development of
Managerial Capabilities
- this means that one of
the benefits an
entrepreneur gets is to
RELEVANCE OF ENTREPRENEURSHIP TO AN
ORGANIZATION
2. Creation of
Organizations - which
means that because of
entrepreneurship many
organizations will exist.
RELEVANCE OF ENTREPRENEURSHIP TO AN
ORGANIZATION
3. Improving Standard
of Living - this means
that entrepreneurship can
lift up the economic
status of an individual.
RELEVANCE OF ENTREPRENEURSHIP TO AN
ORGANIZATION
4. Means of Economic
Development - this means
that not only the life of the
entrepreneur is improved but
also the society where the
business is located.
FACTORS AFFECTING ENTREPRENEURSHIP
1. Personality Factors which
include:
a. Initiative - doing things
even before being told.
b. Proactive - which means he
can classify opportunities and
FACTORS AFFECTING ENTREPRENEURSHIP
c. Problem Solver - which
means he can retain good
relations with other people.
d. Perseverance - meaning he
will pursue things to get done
regardless of challenges.
FACTORS AFFECTING ENTREPRENEURSHIP
e. Persuasion - means that he
can entice people to buy even if
they don’t want to.
f. A Planner - he makes plans
before doing things and does
not fail to monitor it.
FACTORS AFFECTING ENTREPRENEURSHIP
g. Risk-taker - which means
that he is willing to gamble but
he will calculate it first.
FACTORS AFFECTING ENTREPRENEURSHIP
2. Environmental Factors
which include political, climate,
legal system, economic and
social conditions and market
situations.
COMMON COMPETENCIES IN
ENTREPRENEURSHIP
1. Decisive - an entrepreneur must
be firm in making decisions.
2. Communicator - an
entrepreneur must have a
convincing power.
3. Leader - an entrepreneur must
have the charisma to be obeyed by
COMMON COMPETENCIES IN
ENTREPRENEURSHIP
4. Opportunity seeker - an
entrepreneur must have the ability
to be the first to see business
chances.
5. Proactive – an entrepreneur can
control a situation by making things
happen or by preparing for possible
COMMON COMPETENCIES IN
ENTREPRENEURSHIP
6. Risk Taker – an entrepreneur
has the courage to pursue business
ideas.
7. Innovative - the entrepreneur
has big business ideas and he does
not stop improving and thinking of
new worthwhile ideas for his
CORE COMPETENCIES IN
ENTREPRENEURSHIP
1. Economic and Dynamic
Activity - Entrepreneurship is an
economic activity because it
involves the creation and operation
of an enterprise with a view to
creating value or wealth by
ensuring optimum utilization of
CORE COMPETENCIES IN
ENTREPRENEURSHIP
2. Innovative – The
entrepreneur constantly looks
for new ideas, thus he needs to
be creative.
3. Profit Potential - The
entrepreneur can be
CORE COMPETENCIES IN
ENTREPRENEURSHIP
4. Risk bearing – The
entrepreneur needs to gamble
but wise enough to offset the
risk.
TYPES OF ENTREPRENEURS
1. Innovative
Entrepreneurs - They are
those who always make new
things by thinking of new
ideas. They have the ability
TYPES OF ENTREPRENEURS
2. Imitating
Entrepreneurs - They
are those who don’t
create new things but
only follow the ideas of
TYPES OF ENTREPRENEURS
3. Fabian
Entrepreneurs - They
are skeptical about
changes to be made in
the organization. They
TYPES OF ENTREPRENEURS
4. Drone Entrepreneurs
- They are those who live
on the labor of others.
They are die-hard
conservatives even ready
TYPES OF ENTREPRENEURS
5. Social Entrepreneurs -
They are those who initiate
changes and drive social
innovation and transformation
in the various fields such as
education, health, human
CAREER OPPORTUNITIES OF
ENTREPRENEURSHIP
1. Business Consultant - with
the expertise of in the field of
entrepreneurship, he can be a
very good source of advices to
other entrepreneurs and would
be businessmen.
CAREER OPPORTUNITIES OF
ENTREPRENEURSHIP
2. Teacher - a graduate of an
entrepreneurship can use his
knowledge in teaching.
3. Researcher - the
entrepreneur can be employed
as a researcher by an
CAREER OPPORTUNITIES OF
ENTREPRENEURSHIP
4. Sales - the entrepreneurship
graduate can apply as a
salesman.
5. Business Reporter - the
entrepreneur being expert in
the field, can be employed as a
THANK YOU