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CSS - PECS

CSS - PECS
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CSS - PECS

CSS - PECS
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Personal Entrepreneurial Competencies

Entrepreneurial competencies refer to the ability to develop, organize and manage a business
venture along with any of its risks. It includes key characteristics that should be possessed by a person in
order to successfully run a new venture. Among those characteristics are social, managerial and networking
competences.

Below are few important characteristics / traits / attributes of a good entrepreneur:


1) Hardworking
A successful entrepreneur are hard workers, and they also enjoy what they are doing.
They are dedicated, driven, and focused. They are goal oriented and have a strong attention to
detail. They are typically highly organized and have seemingly boundless energy.
2) Confident
A successful entrepreneur never asks the question or keeps doubts in their mind about if
they can succeed or if they are even worthy of success. They are normally confident enough that
their knowledge and their know-how will help them make their business idea a success. And they
radiate this confidence in everything that they do for the business.
3) Disciplined
Successful entrepreneurs always focus their energy on making the business work, and for
eliminating the distractions or obstacles to their goals. They make strategies help them to aim the
goals they have while they outline the plan to achieve the outcome.
4) Committed
Good entrepreneurs assume full responsibility over their business. They give full
commitment and solid dedication to make the business successful.
5) Ability to accept change
Nothing is permanent but change. Change occurs frequently. When you own a business,
you should cope with and thrive on changes. Capitalize on positive changes to make your business
grow.
6) Creative
One facet of creativity is being able to make connections between seemingly unrelated
events or situations. Entrepreneurs often come up with solutions which are the synthesis of other
items. They will repurpose products to market them to new industries.
7) Has the initiative
An entrepreneur takes the initiative. You must put yourself in a position where you are
responsible for the failure or success of your business.
8) Profit-oriented
An entrepreneur enters the world of business to generate profit or additional income. The
business shall become your bread and butter. Therefore, you must see to it that the business can
generate income.

Listed below are the important skills of a successful entrepreneur:

 Excellent planner:
Planning involves strategic thinking and goal setting to achieve objectives by carefully
maximizing all the available resources. A good entrepreneur develops and follows the steps in
the plans diligently to realize goals. A good entrepreneur knows that planning is an effective
skill only when combined with action.
 Possesses people skills:
This is a very important skill needed to be successful in any kind of business. People skills
refer to effective and efficient communication and establishing good relationship to the people
working in and out of your business. In day-to-day business transactions, you need to deal with
people. A well-developed interpersonal skill can make a huge difference between success and
failure of the business.
 Sound decision maker:
Successful entrepreneurs can think quickly and to make wise decisions towards a pre-
determined set of objectives. No one can deny that the ability to make wise decisions is an
important skill that an entrepreneur should possess. Sound decisions should be based on given
facts and information and lead towards the pre-determined objectives.

Strengthening your Identified PECs


Here are your guides on how to strengthen your own PECs.

1. React positively to criticisms and open to feedback.


2. Always demonstrate positive attitude to achieve a desired goal.
3. Always project strong and well-balanced behavior.
4. Always exercise the assertive style in your work environment.
5. Avoid being too passive and too aggressive.
6. Do not let anyone worsen your business life.
7. Prioritize your business goal rather than personal goal in order to become a successful
entrepreneur.
8. Acquire specific skills for creating and maintaining a conducive work environment.
9. Be responsible in everything you do in your business.
10. Always observe business ethics in putting up a business.

Entrepreneurial Competencies
Technical skills in a servicing a computer matched with the following entrepreneurial skills can
make a successful business owner. The following competencies are expected from a person who would like
to start and establish his or her own business.

1) Systematic and Strategic Planning


Anyone who would like to start a computer business should employ systematic planning
method for contingencies or possible outcomes and even opportunities that may affect the future
of the business.
2) Extensive knowledge of the enterprise
A computer business owner should have an extensive knowledge of the “ins and outs” of
the business for it to survive and thrive, including all the resources needed and its target market.
3) People handling skills
An owner of a computer servicing business should be able to relate well with his staff,
clients, and suppliers. He or she should have the ability to negotiate and persuade others while
maintaining a positive atmosphere amidst difficult situations.
4) Financial management
A business owner should be disciplined in handling money and should know to manage
the cash flow effectively.
5) Conceptual thinking
A conceptual thinker does not stop thinking about fresh ideas and ways to improve his or
her products and services. He or She always aims to raise his or her products and services to a new
better level that would satisfy customers.

Successful Filipino Computer Technology Professionals and Business owners.

1) Eric Redulfin (TheNet.com)


2) Willy Gan (PHNet, Mosaic Communications)
3) Ernest L. Cu (SPI/eTelecare)
4) William Torres (Mosaic communication)
5) Diosdado Banatao (Chips and Technologies Co.)

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