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Technopreneurship: University of Southern Mindanao

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UNIVERSITY OF SOUTHERN MINDANAO

Technopreneurship
ES 223
Module 1
Module 1: The Foundations
of Entrepreneurship
• Introduction to Technopreneurship and
Entrepreneurship
• Entrepreneurial profile
• Potential drawbacks of Entrepreneurship
• Cultural diversity of Entrepreneurship
• How an entrepreneur can avoid becoming
another failure statistic

The Foundations of Entrepreneurship 2


Lecture 2: Entrepreneurial profile

ILO 2: By the end of the learning experience,


students must be able to:

✓Describe the entrepreneurial profile

Entrepreneurial profile 3
What is Entrepreneurial
profile?
Profile – biographical sketch
- where socio-economic factors were
considered such as:
1. Age
2. Sex
3. Income
4. Qualifications background
5. Type of education

Entrepreneurial profile 4
6. Experience
7. Caste
8. Religion
9. Family Background
10. Socio-economic features of family
11. Family environment
12. Family participation

Entrepreneurial profile 5
Entrepreneurial Personality

Entrepreneurial personality 6
Entrepreneurial Personality
1. Desire for responsibility.
- prefer to be in control of their resources, and
they use those resources to achieve self-
determined goals
2. Preference for moderate risk
- Entrepreneurs are not wild risk takers but are
instead calculated risk takers and see the
situation from a different perspective and believe
that their goals are realistic and attainable
Entrepreneurial personality 7
3. Self-reliance
- entrepreneurs demonstrate a high level of
self-reliance and do not shy away from the
responsibility for making their businesses
succeed
4. Confidence in their ability to succeed
- Entrepreneurs typically have an abundance of
confidence in their ability to succeed and are
confident that they chose the correct career
path.
Entrepreneurial personality 8
5. Determination
- also called “grit”, the ability to focus intently
on achieving a singular, long-term goal.

6. Desire for immediate feedback


- The feedback they receive from their
businesses drives them to set higher
standards of performance for their companies
and themselves
Entrepreneurial personality 9
7. High level of energy
- Entrepreneurs are more energetic than the
average person. That energy may be a critical
factor given the incredible effort required to
launch a start-up company
8. Future Orientation
- Entrepreneurs are not satisfied to sit back
and revel in their success, real entrepreneurs
stay focused on the future

Entrepreneurial personality 10
9. Skill at organizing
- Entrepreneurs know how to put the right
people together to accomplish a task.

10. Value of achievement over money


- money is simply a way of “keeping score” of
accomplishments—a symbol of achievement

Entrepreneurial personality 11
Most Important Qualities of an
Entrepreneur

Source: Nature or Nurture: Decoding the DNA of the Entrepreneur

Entrepreneurial profile 12
Online Group Exercise 1

Analyze and identify what type of entrepreneurial


personality the following exercise has and explain
why.

Entrepreneurial personality 13
Case No. 1

Entrepreneurial personality 14
Case No. 2

Entrepreneurial personality 15
Case No. 3

Entrepreneurial personality 16
Online Group Exercise 1

What conclusion can we draw from the


cases/research conducted on the
entrepreneurial personality?

Entrepreneurial Personality 17
Summary
ILO 1: Define Entrepreneurship vs Technopreneurship

• Entrepreneurship is the development of a business


from the ground up — coming up with an idea and
turning it into a profitable business.

• Technopreneurship is not a product but a process of


synthesis in engineering the future of a person, an
organization, a nation and the world.
Introduction to Technopreneurship and Entrepreneurship 18
Summary
ILO 2: Describe the entrepreneurial profile
Entrepreneurs have some common
characteristics, including a desire for responsibility,
a preference for moderate risk, confidence in their
ability to succeed, desire for immediate feedback, a
high energy level, a future orientation, skill at
organizing, and a value of achievement over
money. In a phrase, they are tenacious high
achievers.

Entrepreneurial profile 19
End of Topic

Thank you
Introduction to Technopreneurship and Entrepreneurship 20

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