This document provides an introduction to entrepreneurship. It defines entrepreneurship as a process where an entrepreneur exploits new ideas and opportunities by taking on risks and uncertainties. The document outlines several core competencies of entrepreneurship, including being an economic and dynamic activity, innovation, and profit potential. It also lists common competencies of successful entrepreneurs, such as being decisive, a good communicator, a leader, an opportunity seeker, proactive, willing to take risks, and innovative.

1. ACTIVITY 1
GUESS
THE
WHO?

2. Owner of:
Shell Catbalogan branch
Monterey Catbalogan branch
ALVIN LAOHOO
NUMBER 1

3. Owner of Grandtours
ENGR. VON ZOSA
NUMBER 3

4. INTRODUCTION
TO
ENTREPRENEURSHIP
Let’s learn

5. Define entrepreneurship
1
2
3
LEARNING OBJECTIVES
Explain the core competencies of
Entrepreneurship
Appreciate the importance of
Entrepreneurship in the society
MELC:
Discuss the relevance of
the course

6. CONCEPT
OF
ENTREPRENEURSHIP
Let’s learn

7. The word “entrepreneur” was
derived from the French verb
enterprendre, which means “to
undertake.”
The enterprise is created by an
entrepreneur and the process is
called “Entrepreneurship.”
ENTREPRENEURSHIP

8. is a process of actions of an
entrepreneur who is a person
always in search of something
new and exploits such ideas into
gainful opportunities by
accepting the risk and
uncertainty with the enterprise.
ENTREPRENEURSHIP

9. CORE
COMPETENCIES
IN
ENTREPRENEURSHIP

10. Entrepreneurship involves the
creation and operation of an
enterprise with a view to creating
value or wealth by ensuring
optimum utilization of limited
resources.
1. ECONOMIC AND DYNAMIC
ACTIVITY

11. The entrepreneur constantly
looks for new ideas, thus he
needs to be creative.
2. INNOVATIVE
INNOVATION IS THE KEY
TO ENTREPRENEURSHIP

12. BUSINESSMAN VS. ENTREPRENEUR
ENTREPRENEUR
BUSINESSMAN
INNOVATION

13. The entrepreneur can be
compensated by his profit
coming from the operation.
3. PROFIT POTENTIAL

14. The entrepreneur needs to
gamble but wise enough to offset
4. RISK BEARING

15. COMMON
COMPETENCIES
OF
ENTREPRENEUR

16. 1. DECISIVE
The entrepreneur must be
firm in making decisions

17. 2. COMMUNICATOR
An entrepreneur must have
a convincing power

18. 3. LEADER
An entrepreneur must have
the charisma to be obeyed
by his employees.

19. 4. OPPORTUNITY
SEEKER
An entrepreneur must have
the ability to be the first to
see business chances.

20. 5. PROACTIVE
An entrepreneur can control
a situation by making things
happen or by preparing for
possible future problems.

21. 6. RISK TAKER
An entrepreneur has the
courage to pursue business
ideas.

22. 7. INNOVATIVE
The entrepreneur has big
business ideas, and he does
not stop improving and
thinking of new worthwhile
ideas for his business.