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Week 1 Entrep

The document outlines the content and requirements for an entrepreneurship course for grade 12 taught by Ms. Bernadette Piring. It discusses key concepts in entrepreneurship including defining entrepreneurship, the characteristics of successful entrepreneurs, and the differences between managers and entrepreneurs. It also covers the role and significance of entrepreneurs in job creation and economic growth. Finally, it lists the various benefits of taking an entrepreneurship course such as learning business planning skills, evaluating funding sources, and gaining personal and career development.

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Kaizel Britos
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© © All Rights Reserved
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Download as PDF, TXT or read online on Scribd
29 views

Week 1 Entrep

The document outlines the content and requirements for an entrepreneurship course for grade 12 taught by Ms. Bernadette Piring. It discusses key concepts in entrepreneurship including defining entrepreneurship, the characteristics of successful entrepreneurs, and the differences between managers and entrepreneurs. It also covers the role and significance of entrepreneurs in job creation and economic growth. Finally, it lists the various benefits of taking an entrepreneurship course such as learning business planning skills, evaluating funding sources, and gaining personal and career development.

Uploaded by

Kaizel Britos
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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ENTREPRENEURSHIP

GRADE 12
Ms. Benadette H. Piring
CONTENT STANDARD
01

The learner demonstrates key understanding


of key concepts, underlying principles, and
core competencies in entrepreneurship
PERFORMANCE STANDARD
02

The learner independently creates/provides a


quality and marketable product and/or
service in Entrepreneurship
LEARNING COMPETENCIES:

01 Discuss the relevance of the course

Explore job opportunities for


02
Entrepreneurship as a career
COURSE REQUIREMENTS
Quizzes
Oral Presentation
Design the Business Plan
Implement the Business Plan
Submit reports and requirements
Relevance of
WE ARE PURSUING THE BEST!
the Course

Wealth and a high People exposed to Entrepreneurship


majority of jobs are entrepreneurship education is a lifelong
Entrepreneurship is a created by small frequently express that learning process,
key driver of our businesses started by they have more starting as early as
economy. entrepreneurially opportunity to exercise elementary school and
minded individuals, creative freedoms, progressing through all
many of whom go on to higher self esteem, and levels of education,
create big businesses an overall greater sense including adult
of control over their education.
own lives.
Choose a job you
love, and you
will never have to
work a day in
your life.

-Confucius
underlying principles,
and core competencies in :
Definition of Entrepreneurship

Derived from the French word


entrependre, which means “to undertake”

For Albert Shapero


literatures agree that it is a kind of
behavior that includes:
Ø Initiative taking
Ø Organizing and recognizing of social/economic
mechanisms to turn resources and situations to
practical account
Ø Acceptance of risk and failure
WHAT CHARACTERISTICS
SHOULD AN ENTREPRENEUR
SHOULD POSSESS?
What is an Entrepreneur?

Entrepreneur: A person who organizes and


manages an enterprise, especially a business,
usually with considerable initiative and risk.
Initiative: Readiness and ability in initiating
action.
Risk: The hazard or chance of loss.
Source: Webster’s College Dictionary (Random House/McGraw Hill)
What is an Entrepreneur?
Who is an Entrepreneur?
85% of the Filipinos expressed interest to
make entrepreneur as a good career
choice.

45% of Filipinos engaged in early stage


entrepreneurship belong to the group of
18 to 34 years old.
Source: Business Mirror, January 20, 2015
Characteristics of an Entrepreneur

Creating something different


with value

Assuming accompanying financial,


psychic, and social risks

Receiving the resulting rewards


Successful Filipino Entrepreneur

“Fighting multinationals
was very tough. At first,
everyone thought I was
crazy. They told me, how
will I survive this? True
enough, it’s by the grace of
God that I’m still here in
the toothpaste industry
after 20 years. God is
good.” Cecilio K. Pedro
Successful Filipino Entrepreneur

"The deaf-mutes are neglected


in the communities. When I
found out that they’re just
people like you and me, when
properly inspired, properly
motivated, they can be very
efficient,"
Lamoiyan Corporation's CEO and
President, Dr. Cecilio Pedro told Cathy
Yang in 'The Boss.' Cecilio K. Pedro
Manager vs. Entrepreneur
Manager vs. Entrepreneur

One of the benefits of an entrepreneur is the


opportunity to make a difference, which is not
afforded to everyone. Social entrepreneurs seek
innovative solutions to solve society’s most
perplexing problems. They use their skills and
talents not only to create profitable businesses,
but to achieve social, environmental, and
economic goals of society.
ROLE AND SIGNIFICANCE OF ENTREPRENEURS

A B C D
New Addition to Community
Social Change Development
Employment National Income
ROLE AND SIGNIFICANCE OF ENTREPRENEURS

Small, Medium, and Micro-sized Enterprises (SMME)

TYPES CAPITALIZATION
Micro Less than P50,000
Cottage P50,001 to P500,000
Small P500,001 to P5,000,000
Medium P5,000,001 to P20,000,000
Benefits of Entrepreneurship Course:

Creation of ü Write a business plan


entrepreneurial thinkers ü Apply economic
who also have the skills principles
and tools to start their ü Apply basic marketing
own businesses. skills
N T
Determine individual
entrepreneurial E R Use strategies for
interests P E
idea generation

Assess feasibility of Manage risk


ideas
Benefits of Entrepreneurship Course:

Identify legitimate Evaluate ownership


sources of capital structures

N T
Translate problems
into opportunities E R Apply principles of
P human relations
E
management

Engage in ethical business Apply basic accounting


practices principles
Benefits of Entrepreneurship Course:

Demonstrate skills Demonstrate skills


in business startup in maintaining
business longevity

Ability to find next N


level of training or
T
Demonstrate
access other E R business
resources and management/
services P E operation skills
Changed attitude
Determine impact on toward
unemployment entrepreneurship as a
means of making a living
Benefits of Entrepreneurship Course:

Changes in personal and career


attitudes including
Self-worth
Ability to control one's own life
Self awareness
Self management/ personality
responsibility
Transfer of learning
Benefits of Entrepreneurship Course:

Changes in personal and career


attitudes including
Motivation
Teamwork
Interpersonal communications
Problem solving
Creativity
THANK YOU!
Ms. Bernadette H. Piring
THE END

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