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Lesson-3

The document outlines various types of entrepreneurs, including innovative, imitating, Fabian, and drone entrepreneurs, as well as newer classifications like technopreneurs and social entrepreneurs. It contrasts the pros and cons of entrepreneurship versus traditional employment, highlighting factors such as income, hiring, daily tasks, and taxation. Additionally, it lists common small businesses in the Philippines and opportunities for franchises or startups.

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tineobias12
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8 views

Lesson-3

The document outlines various types of entrepreneurs, including innovative, imitating, Fabian, and drone entrepreneurs, as well as newer classifications like technopreneurs and social entrepreneurs. It contrasts the pros and cons of entrepreneurship versus traditional employment, highlighting factors such as income, hiring, daily tasks, and taxation. Additionally, it lists common small businesses in the Philippines and opportunities for franchises or startups.

Uploaded by

tineobias12
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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Entrepreneursh

ip
Lesson 3
TYPES OF
ENTREPRENEURS
1. Innovative entrepreneur-
they are those who always
make new things by thinking of
new ideas.

2. Imitating entrepreneurs-
they are those who don’t create
new things but only follow the
ideas of other entrepreneurs.
TYPES OF
ENTREPRENEURS
3. Fabian entrepreneurs- they
are those skeptical. They don’t
initiate but follow only after they
are satisfied.

4. Drone entrepreneur- they


are those who lives on the labor
of others. They are die-hard
conservatives even ready to
suffer the loss of business.
The world of entrepreneurship these days has
already evolved, and new terms are coined to
suit an entrepreneurs filed of expertise. Here
are some of them:
1. A Technopreneur is one who puts
technology at the core of his or her
business model.

2. A Social Entrepreneur is one who


take advantage of the country’s
social problems and turn them to
profitable institutions with the
intention of helping the
disadvantaged community rather
than making a profit.
The world of entrepreneurship these days has
already evolved, and new terms are coined to
suit an entrepreneurs filed of expertise. Here
are some of them:
3. An Intrapreneur is an entrepreneur in
a large company or corporation who is
tasked to think, establish, and run a
new big idea or project. Intrapreneurs
are usually the product managers of
the business development managers of
the company.
4. An Extrapreneur is an entrepreneur
who hops from one company to another
to act as the innovation champion,
providing creative and efficient
solutions.
Pros and Cons of
Entrepreneurship and
Employment
Important Entrepreneur Employee
Career Factors
1. Income  income  income generated
generated actively (i.e., on
passively even working hours
when the only); no work = no
entrepreneur is pay
resting  income usually
 opportunity fixed per month
income and increases every
unlimited, year depending on
depending on the the employer and
success of the the employee’s
business performance

 income earned
 income only whether the
earned when the business is
Important Entrepreneur Employee
Career
Factors
2. Hiring  Provides jobs; is  Seeks for a job;
and Firing, the owner of the is the one
Organizatio business and applying for a
nal Setup, conducts the talent job and is
and Major selection interviewed by
Key Result the company’s
Areas hiring officers
 Fully responsible  Has the goal of
for serving satisfying only
customers, making the employer or
the business the direct
profitable/sustaina supervisor
ble, and providing
employee
Important Entrepreneur Employee
Career
Factors
2. Hiring  Has the power to  Fully dependent on
and Firing, disengage the employer’s
Organizatio nonperforming performance; is at
nal Setup, employees risk of losing
and Major applying the due his/her job if the
Key Result process policy of company does not
Areas disengaging perform well; may
personnel find it difficult to
just leave their
below par
employer if this is
 Can venture into their only source of
income
expansion of
 Can only work for
business such as
Important Entrepreneur Employee
Career
Factors
3. Daily  Performs all  Has routine tasks
Tasks necessary variable and works on
tasks to establish regular or normal
and manage a hours
startup business,
which usually takes
most of the
entrepreneurs time;
spend more hours
on work than a
regular employee
 Follows policies,
and sometimes gets
no sleep procedures, and
 Prepares policies, memoranda from
the employer
procedures, and
Important Entrepreneur Employee
Career Factors

4.  Has a flexible  Has a


Leisure schedule and limited
Time and can take number
Vacation unlimited of
s number of vacation
vacation days days
(applicable imposed
only if the by the
business has employe
stabilized r
Important Entrepreneur Employee
Career
Factors
5. Taxation  Taxed on the  Taxed on the
net income; gross income;
can claim cannot use
taxable expenses
income incurred
deductions related to the
for allowable job such as
expenses food and
incurred by transportation
the business expenses to
claim for
Important Entrepreneur Employee
Career
Factors
6. Comfort  Is comfortable in  May be
Level at doing multiple comfortabl
Work and challenging e with
tasks and takes routines
accountability and
with the risks and minimal
profits of the risks; may
business; does also be
not want to be comfortabl
confined in a e in
box; thinks working for
Most Common Small
Business in the Philippines
1. Sari-sari Store
2. Rice Retailing
3. Food cart business
4. Printing business
5. Buy-and-sell business
6. Street food business
7. Flea market business or tiangge
8. Online Selling business
9. Cellphone loading business
10. Laundry and dry cleaning business
Most Common Small
Business in the Philippines
11. Hair styling and make up business
12. Spa, gym and nail care business
13. Video and photography business
14. Tutorial business
15. Baking business
16. Web site development and
design/vlogging
17. Direct selling business
18. Car wash and car care business
19. Bar, café and restaurant
20. Water station and LPG station
Franchise or Startup
Business
Bakeries, bakeshops and bread
products
Bars, cafes, and coffee shops
Beverage and confectionary
Car care
Clothing and accessories
Convenience stores
Drug store and pharmacies
Fast food establishments and
restaurants
Franchise or Startup
Business
Food and snack carts
Gas stations and petroleum
products
Genera; merchandise and retail
Health and wellness (salon,
massage, spa, and gym)
Schools
Services (personal and business)
Water stations
Other Business
Opportunities
Dealerships
Direct Selling
Distributorship

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