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Personal Entrep. Q1 W1

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GRADE 9- TECHNOLOGY AND LIVELIHOOD EDUCATION

INFORMATION AND
COMMUNICATION
TECHNOLOGY
ENTREPRENEUR
RISK TAKER COPES WITH FAILURE
COMMITTED OPEN TO FEEDBACK
PROFIT- ORIENTED
FUTURE- ORIENTED
HARDWORKING

SELF-CONFIDENT GOAL- ORIENTED


IMPORTANT
ENTREPRENEURIAL
TRAITS
HARDWORKING
If you are determined to run your own
business, you must concentrate on your work
either as a producer or a seller. The success of
your business depends on how much time and
effort you will spend on it.
SELF- CONFIDENT

You must have a strong faith in your ability


despite the problems that you will encounter
along the way.
FUTURE- ORIENTED
Once you enter a line of business, you must
understand that you are in a non-stop contract
as an entrepreneur. It may take several years to
develop the business to a reasonable standard.
The goal for most successful business people is
to build a secure job and ensure a stable income
for themselves based on their own ability.
PROFIT- ORIENTED
When you enter the world of business, you are
obviously looking for what you know will be your
bread and butter,not only for you, but also for your
family. Therefore, you must see to it that the business
can generate enough income. Another plan of action is
to expand your own business through the use of your
generated income.
GOAL- ORIENTED
In entrepreneur is forward-looking. You need
advanced preparation for your business. You set along-
term goal for the activities that are needed, an
extensive preparation for the production process and
procedures that you need to go through to acquire
human and non-human resources. Everything in your
business will have to be set clearly, organized, and
planned depending on the goal you want to achieve.
PERSISTENT
Differences in opinion and judgment may vary.
Your opponent can be part of the rejection
about what you intend to do for your endeavor.
As an entrepreneur, you must be firm, strong-
willed, and be able to stick to or follow your own
belief.
COPES WITH FAILURE
“Learn from mistakes”. As an entrepreneur, you
must learn how to deal with the frustrations and
failures. Instead, turn these into productive
learning experiences.
RESPONDS TO FEEDBACK
You must be concerned about knowing how
well you are doing and keep track of your
performance. You must obtain useful feedback
and advice from other people.
TAKES THE INITIATIVE
A successful entrepreneur takes the initiative.
You must put yourself in a position where you
personally are responsible for the failure or
success of your business.
WILLING TO LISTEN
Take time to listen to the advice, suggestions,
and recommendations of fellow entrepreneurs.
These will help your business grow.
SETS OWN STANDARDS
This involves developing and using logical, step-
by-step plans to reach the goals, or offering
evaluation alternatives, monitoring progress, and
switching to successful strategies for the goal you
want to achieve. To be a successful entrepreneur
you must take into consideration that sales and
production depend on your own standards.
COPES WITH UNCERTAINTY
To pursue your vision to be a successful
entrepreneur, you should know how to handle
unusual events that may happen in the business
which include problems in managing the workers,
problems on the delivery of goods and services,
and problems on demand and production. You
must be patient in dealing with these uncertainties.
COMMITTED
You should know that in your business,
personal needs, and attachment to your friends,
families, and relatives are set aside. You must
separate the money for your business from the
amount that you need to spend for personal
obligations and lifestyle.
BUILDS ON STRENGTHS
Successful business people base their work on
strengths. Use your manual skills, knowledge in
creating products or xv services, knowledge in
trade and industry, ability to make and use a wide
network of contacts to build your business.
RELIABLE AND HAS INTEGRITY
As an entrepreneur, to make a wide
network…you must build a good reputation,
possess the courage to do the right thing, do
what you say, walk your talk, be loyal, and be fair
in dealing with subordinates and costumers
RISK TAKER
Risk sometimes cannot be anticipated. When
misfortunes happen, consider these as challenges
and work them out and set good alternatives.
Risks may result in loss of your business or even
bankruptcy.
“SUCCESSFUL ENTREPRENEURS
CONTINUOUSLY DEVELOP AND
IMPROVE THEIR PECS.”

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