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Q1MD1 - Relevance of The Course

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ENTREPRENEURSHIP

INTRODUCTION TO ENTREP
Quarter 1 | Module 1
QUARTER 1

Module 1 – Introduction of Entrepreneurship


Module 2 – Recognize the Potential Market
Module 3 – Recognize and Understand the Market
Module 4 – Market Research
Module 5 – 7P’s of Marketing & Branding
QUARTER 2

Module 6 – 4 M’s of Production and Business Model


Module 7 – Forecasting Revenues and Costs
Module 8 – Computation of Gross Profit
Module 9 – Business Implementation
Module 10 – Bookkeeping
OBJECTIVES (M1):

Discuss the relevance of the course and Explore


job opportunities for Entrepreneurship as a
career.
1. Discuss the relevance of the course;
2. Explain the key concepts of common competencies;
3. Explain the core competencies in Entrepreneurship;
OUTLINE (M1):

Week 1 Activity

Day 1 Lecture

Day 2 Group Collaboration

Day 3 Group Presentation

Day 4 (1) Brainstorming for Business Plan


PAK!

O
LIGWAK!
01
All business people are entrepreneurs.
01
All business people are entrepreneurs.
02
Acquiring sufficient knowledge in entrepreneurial
principles equips you to maximize entrepreneurial
opportunities.
02
Acquiring sufficient knowledge in entrepreneurial
principles equips you to maximize entrepreneurial
opportunities.
03
Learning various concepts and principles of
Entrepreneurship can certainly make a person become
a successful entrepreneur.
03
Learning various concepts and principles of
Entrepreneurship can certainly make a person become
a successful entrepreneur.
04
A manager is a person practicing entrepreneurship.
04
A manager is a person practicing entrepreneurship.
05

An enterprise is created by an entrepreneur.


05

An enterprise is created by an entrepreneur.


06

There is no universally accepted definition of the term


entrepreneurship.
06

There is no universally accepted definition of the term


entrepreneurship.
07

Entrepreneur is different from a businessman.


07

Entrepreneur is different from a businessman.


08
The term “entrepreneur” originates from the Italian
verb enterprendre, which means “to undertake”.
08
The term “entrepreneur” originates from the Italian
verb enterprendre, which means “to undertake”.
09

Entrepreneurship education requires students to be


innovative, creative and collaborative with others.
09

Entrepreneurship education requires students to be


innovative, creative and collaborative with others.
10
Philippine Constitution recognizes entrepreneurship
as an engine of economic growth.
10
Philippine Constitution recognizes entrepreneurship
as an engine of economic growth.
ENTREPRENEURSHIP
ENTREPRENEURSHIP
Derived from the French verb enterprendre,
which means “to undertake” This is pinpointing to those
who ”undertake” the risk of
the enterprise. The enterprise is created by an entrepreneur
and the process is called
“Entrepreneurship”
ENTREPRENEURSHIP
Entrepreneurship is the process of creating something
different with value by devoting the necessary time and
effort, assuming the accompanying financial, psychic, social
risks and receiving the resulting rewards of monetary and
personal satisfaction and independence.
ENTREPRENEURSHIP
1. The creation process
2. Devotion of time and efforts
3. Assumption of risks
4. Rewards of independence, satisfaction, and
money.
ENTREPRENEUR
ENTREPRENEUR
Innovators, willing to take risks and generate new
ideas to make it unique and profitable solutions to the
present-day problems.
ENTREPRENEUR BUSINESSMAN
BUSINESSMAN ENTREPRENEUR
ENTERPRISE
ENTERPRISE
It is a business organization that is formed, and
which provides goods and services, creates jobs,
contributes to national income, imports and above
all, sustainable economic development.
ENTREPRENEURSHIP The process of creation, including
originality, capabilities, skills and
difficulties.

The person who starts an enterprise


ENTREPRENEUR

ENTERPRISE Business venture


TYPES OF
ENTERPRENEUR
Innovative entrepreneur

They are those who always make new things by


thinking of new ideas.
Imitating entrepreneurs

They are those who don’t create new things but only
follow the ideas of other entrepreneurs.
Fabian
entrepreneurs

They are those skeptical. They don’t initiate but follow


only after they are satisfied.
Drone
entrepreneur

They are those who live on the labor of others. They


are die-hard conservatives even ready to suffer the loss of business.
Social
entrepreneurs

Those who initiate changes in the various


fields such as education, health, human rights, environment and enterprise
development.
TYPES OF
ENTERPRENEUR
• Innovative Entrepreneur
• Imitating Entrepreneur
• Fabian Entrepreneur
• Drone Entrepreneur
• Social Entrepreneur
GROUP ACTIVITY
Group C:
Group A:
Benefits of Entrepreneurship to the
Factors Affecting Entrepreneurship
Entrepreneur and to the country as a
whole

Group B: Group D:
Competencies of an Relevance of Entrepreneurship
Entrepreneur to SHS Students
CRITERIA
Content Creativity & Material
Main topic or problem were clearly Excellent use of multimedia. Size and
defined. Provides relevant and interesting amount of text is excellent. Uses
examples. appropriate designs to support the
presentation.

Coherence & Organization


Presentation
Information is well organized and follows
Shows enthusiasm. Make good eye contact.
logical sequence. Transistions between
Use appropriate voice volume, excellent
information are smooth and connectios
use of time.
clear.
ENTREPRENEURSHIP

ReleVance of the course


Quarter 1 | Module 1

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