13. Joseph Alois Schumpeter (1934)
Entrepreneurship is seen as new combinations
including the doing of new things or the doing
of things that are already being done in a new way.
New combinations include 1) introduction of new
good, 2)new method of production, 3)opening of a
new market, 4)new source of supplies
5.)new organizations.
Austrian-Hungarian-American
economist and political scientist.
13
14. Entrepreneurship research
seeks to understand how
opportunities to bring into
existence future goods and
services are discovered,
created, and exploited, by
whom, and with what
consequences. an Indian-born American and British structural
biologist, who shared the 2009 Nobel Prize in
Chemistry with Thomas A.
14
15. is more than a word. It is a mission.
capacity for innovation.
investment and expansion of new markets
products and techniques
invest resources to make something
unique.
15
16. Ang "ENTREPRENEURSHIP" ay
isang siyensya at pag-aaral ng
pangangalakal ng mga bagay
bagay at paglilingkod sa
maaaring makapagpaunlad ng
kabuhayan ng isang tao.
“QUALITY OF LIFE”
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17. 1. Social Entrepreneurship
(Panlipunan)
2. Business Entrepreneurship
(Pangkabuhayan)
3. Techno Entrepreneurship
(Teknolohiya)
17
19. Non-Government/al Organization
Social Profit
NGO Enterprise Business Maximization
NGO Business (PMB)
(non-profit) (for-profit) Enterprise
Business
Social CSR Enterprise
Business
19
20. • “Any creative and innovative solution applied
to solve social problems” (Mohammad Yunus,
2007)
– It involves social mission
– Profit and/or entrepreneurial processes
20
22. • “Search for approaches to move poor people
out of poverty beyond welfare-based safety
nets.”
social entrepreneurs are driven
not by money but by content,
risk‐taking, implementing
innovative ideas,
fulfilling social missions.
22
23. Painters, actors, musicians, writers and all other
cultural professionals always look beyond the usual,
they create and take actions, use their imagination
to make something new.
It is important to outline that entrepreneurs are
those who not only invent and implement an
innovative idea, but bring it to an economically
successful end, considering the market
viability and the positive financial impact on
community members.
23
24. • Mother Teresa
did what no
other person
has done
before – to take
care of the
poor, destitute
and lepers
24
27. Social entrepreneurship overcomes the gap
between the business and the public sectors,
as it is connected to the “non‐profit” or the
“third” sector, as well as to the concept of the
“social economy”, with emphasis on
objectives to serve communities and society
rather than generating a company’s profit.
27
28. Entrepreneur –
Derived from the
French entreprendre,
" to undertake".
Someone who is willing
and eager to create a new
venture in order to present a
concept to the marketplace.
28
29. • It’s about the study of systems, structure,
and staffing to make a large corporation
stay competitive, innovative, and
profitable on a sustainable basis.
29
31. No longer excellent!...
• In 1983, there was the book In Search of
Excellence by Tom Peters and Waterman. It
sold 6 million copies. Then...
• Something went wrong...
31
32. • 33% of the “Excellent” Companies vanished
• Too big to fail companies
• Where are they now?:
Washington Mutual
CAP educational plan
Pacific Bank
Banco Filipino
32
34. • Keeping the Sense of Mission
alive as you grow
• Re-instilling customer/product
vision in every employee
• Fostering high-speed innovation
• Making self-inspired behavior
the organization standard
34
37. Growth (Pag-unlad)
Differentiation Strategic direction
(Pagkakaiba) matalinong pagplaplano
37
38. • 90% of the world’s jobs are created by
entrepreneurs
• Source of new products and innovation
• In the third-world countries, the entrepreneurs
keep the sagging economies alive
• It’s the entrepreneurs – not the central bank –
that keep the economy moving
• Finally...
38
40. Millions have done it . . . millions are
dreaming of doing it! Why not become
your own boss? Individuals are
increasingly choosing to go into
business, start their own company, work
for themselves and create their own job
as an alternative means of taking the
future into their own hands.
40
42. Other trivia:
• Battle of the sexes:
– 51% of all businesses are
started by women
– 55% of all businesses are run
by men
– Of the nascent(growing)
businesses, 60% are run by
women
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44. Reasonable risk –taker. enjoy challenges. But
they are careful and calculating.
( makatuwiran pakikipagsapalaran)
Self –confident - have a strong faith in their
abilities. Strong belief, affirmative thinking or
optimistic.
They always think SUCCESS!!!
Nothing is Impossible.
44
45. Hardworking - Successful people always
attribute their success to hardwork.
Like Thomas A. Edison, said that
success is 99 percent of perspiration
and 1 percent inspiration.
45
47. Essential qualities of a Leader:
Selfless dedication (lubusang paglilingkod)
Purpose and vision (magandang layunin at adhikain)
Courage (tibay at lakas ng loob)
Conviction (matuwid na paghatol)
Enthusiasm (sigla at interes sa ginagawa)
Integrity (dangal)
Tact (maayos na pakikitungo)
Hardwork (masipag)
47
48. Entrepreneurs are
positive thinkers.
They think of success and bright sides.
Success begets success. Dr. Charles Flory, an
american physiologist, said that wealth
does not always come to the most intelligent
or to the most ambitious individuals, but
those individuals who think MONEY…..
But being an entrepreneur you always think SUCCESS.
48
49. -
Entrepreneurs make decisions. They
cannot avoid this. Being creative and
innovative, they always make decision on how
to improve their products how to create new
markets, how to increase consumers satisfaction
or how to maximize profits.
The success of their business depends on
their ability to make the right decisions.
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50. 1.identifying the problem
2.gathering the data about the problem
3.analyzing the data
4.formulating alternative solutions
5.selecting the best solutions and
6.implementing the solution/ decision.
50
51. The Entrepreneur must possess the
following managerial skills:
1. Ability to conceptualize and plan. The
entrepreneur must view all the aspect of the
business , such as product, price, cost, inventory.
He must be able to plan for the total operation
of the business.
He has the ability to foresee future problems of
his business is an excellent asset.
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52. 2. Ability to manage others..
Management is getting things done by others.
as business grows, more people are needed. The
entrepreneur must be able to organize work properly so that
his employees can perform their jobs efficiently and
effectively.
Good human relations and communications are very
important for the entrepreneur.
By letting others achieve the objectives of the enterprise
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53. 3. Ability to manage time and to learn.
The entrepreneur is a generalist.
When a business is still small, The owner does
everything: Clerk, salesman and manager.
he should be an expert on time management.
he should acquire basic training in small business
management and specialized courses in
accounting, finance, marketing and personnel
relations.
53
54. A real entrepreneur does not actually
stop learning.
He can do this my reading, attending
seminars, or enrolling in college
54
57. • a great deal of INDEPENDENCE
and SELF-DISCIPLINE;
• a good measure of
SELF-CONFIDENCE;
• an above-average aptitude for
DECISION MAKING and
PROBLEM SOLVING;
• a propensity for RISK TAKING;
• FLEXIBILITY and ORGANIZATIONAL
SKILLS;
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58. a great deal of PERSEVERANCE,
unflagging TENACITY;
• a great CAPACITY FOR WORK
and boundless ENERGY;
• a great deal of SELF-CONTROL
and TOLERANCE;
• OPTIMISM and ENTHUSIASM;
58
59. • LEADERSHIP skills and a
DYNAMIC personality;
a facility for
COMMUNICATION,
PUBLIC RELATIONS and SALES
OPEN-MINDEDNESS and FREE
SPIRITEDNESS.
59
60. BUSINESSMAN
a man who transacts business
ENTREPRENUER
one who organizes, manages, and
assumes the risks of a business or
enterprise
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61. Some Insights
“I can buy you everything you want but I cannot buy you knowledge.
The best I can do is to give you everything you need to acquire that
knowledge. And that, I have given you. The rest is up to you.”
“The rest is up to me” … those words hit me like a ton of bricks. “
“Belief … passion … and knowledge—
a few important values that I was to
bring back to the Philippines.”
“Be humble. Don’t look at the money,
but rather, look at what you really
want to do and the amount of
learning and growth you would get.
Vivienne Tan – Daughter of Lucio Tan
61
62. Put your name here:
__________________________________
THE NEXT MILLIONAIRE / WINNER
62
63. ”Commit to the LORD
whatever you do, and your
plans will succeed.”
Proverbs 16:3
63
64. Identify and prioritize your main
reasons for starting a business;
begin with the most important (1)
and end with the least important
(18).
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66. 1. BE PROACTIVE.
Decide what
you want out of life and get it!
2. BEGIN WITH THE END IN MIND.
Keep in mind how you want
people to remember you at your
funeral.
3. PUT FIRST THINGS FIRST.
Spend your time on what is
important, even if it is not what
is demanding your immediate
attention.
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67. 4. THINK WIN-WIN.
Be generous. 6. SYNERGIZE.
Find solutions that will benefit all Cooperate with
parties. others. Respect their differences.
5. SEEK FIRST TO UNDERSTAND, 7. SHARPEN THE SAW.
Systematically renew the four
THEN TO BE UNDERSTOOD. areas of your life: physical,
Don't just charge into a social/emotional, mental and
conversation. Listen until you spiritual.
have understood what the
other person is saying.
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68. Responses to statements of 1 and 2 are the following:
1, 2, 6, 8, 10, 11, 16, 17, 21, 22, 23, and 24
Responses to statements of 4 and 5 are the following:
3, 4, 5, 7,9, 12, 13, 14, 15, 18 , 19, 20, and 25
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69. 21 to 25
- You have great entrepreneurial potential
with such potential , its surprisingly you haven’t
gone into business already.
16 to 20
-shows that you have definite
entrepreneurial potential. However, your
success in business could depend on the
abilities you show and the resources you
have available.
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70. 11 to 15
this results puts you in an intermediate
zone. You are probably capable of going into
business., but you would have to put a lot of
effort and perseverance into it. Outside help
and follow –up in the form of advice and
encouragement would be an asset to you. Some
adjustment might be also be necessary.
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71. 6 to 10
-your entrepreneurial potential seems
fairly weak. You would certainly have to
reconsider some of your opinions, attitudes,
and behavior patterns.
1 to 5
- Be realistic. It would probably be
difficult for you to evolve into the business
world at present. You should become seriously
informed about the restraints and demands of
the entrepreneur’s career.
71