PERSONAL

ENTREPRENEURIAL
COMPETENCIES (PECs)
 Direction: Match the entrepreneurial competencies in column A with
their meaning in column B. Write the letter of the correct answer on
the space provided before each number.

A B
____1. Creative A. make a wise decision towards the set
PRE-ASSESSMENT objectives
____2. Profit-oriented B. strategic thinking and setting of goals
As part of your initial activity, you wil be challenged to dig deeper ____3. Discipline C. trust in one‘s ability
on your knowledge and previous experiences on the topic. Try to diagnose ____4. Decision Making D. adoptable to change
or assess what you already know about PECs by answering Task 1. ____5. People Skill E. innovative to have edge over other
competitors
Task 1: Matching Type ____6. Planner F. solid dedication
____7. Self-confidence G. skillful in record keeping
Direction: Match the entrepreneurial competencies in column A with ____8. Hardworking H. always stick to the plan
their meaning in column B. Write the letter of the correct answer on ____9. Ability to accept change I. working diligently
____10. Committed J effective and efficient communication
the space provided before each number. and relation to people
K. always looking for income
Task 2: Guide Questions
Direction: The following are guide C. Given the opportunity to
questions which encapsulate the own a business that relates with
entire module. Write your answers on Cookery are you confident to
your assignment notebook, and then manage it? Explain your answer.
share these to the class. D. What do you think are the
most important competencies you
A. Explain why entrepreneurial must possess in order to be
activities are important to social successful in running your chosen
development and progress of the business?
economy. E. Name successful
B. What entrepreneurial activities entrepreneurs from your area
do you know and capable of doing whose business is related to
which are related to Cookery? Cookery. Be able to share to the
class their PECs that made them
successful.
Group Activity 3. What are the desirable personal
characteristics, attributes, lifestyles, skills and
Direction: Answer the following guide traits of a prospective entrepreneur? Why are
questions on a separate sheet of paper. Share these important?
your answers to the class. ________________________________________
_________________
1. Explain the importance of assessing
4. Why there is a need to assess
one ‘s PECs before engaging in a particular
one ‘s PECs in terms of characteristics,
entrepreneurial activity.
attributes, lifestyles, skills, and traits before
______________________________________
starting a particular business?
___________________
______________________________________
___________________________________
2. Are there other strategies or ______________________
approaches where you can assess your PECs?
Explain how those strategies will become more
useful in selecting a viable business venture. 5. What is the significance of evaluating
________________________________________ PECs of a successful entrepreneur? What helpful
_________________ insights can you draw from this activity?
________________________________________
________________
Below are few important characteristics / traits / • Committed: A good
attributes of a good entrepreneur: entrepreneur accepts full responsibility of
everything in his/her business. He/she
• Hardworking: One of the important gives full commitment and solid
characteristics of a good entrepreneur is dedication to make the business
hardworking. This means habitually working successful.
diligently for a long period of time. Hardworking • Ability to accept change: Nothing is
people keep on improving their performance to permanent but change. Change occurs
produce good products and/or provide good frequently. When you own a business, you
services. should cope-up and thrive on changes. Capitalize
• Self-confidence: Entrepreneurs have on positive changes to make your business grow.
confidence in one‘s ability and own judgment.
They exhibit self-confidence in order to cope with • Creative: An entrepreneur should be
all the risks of operating their own business. creative and innovative to stay in the business
and in order to have an edge over the other
• Discipline: Successful entrepreneurs competitors.
always stick on the plan and fight the temptation
to do what is unimportant.
• Has the Initiative: An entrepreneur takes
the initiative. You must put yourself in a position
where you are responsible for the failure or • People Skills: It‘s a very important
success of your business. skill in order to be successful in any kind of
business. People skills refer to effective and
• Profit-Oriented: An entrepreneur enters efficient communication and relation to people
into the world of business to generate profit or working in and out of your business. In day-to-
additional income. This shall become the bread day business transactions, you need to deal
and butter for you and for your family as well. with people. A well-developed people skill can
Therefore, you must see to it that the business can spell out the difference between success and
generate income. failure of the business.

Listed below are the important skills of a • Decision Making: Successful

successful entrepreneur: entrepreneurs have the ability to think quickly,
• Planner: Planning is strategic and to make a wise decision towards pre-
thinking and setting of goals to achieve determined set objectives. No one can deny
objectives by carefully maximizing all the that the ability to make wise decisions is an
available resources. A good entrepreneur important skill that an entrepreneur should
develops and applies step-by-step plans to possess. Sound decision should spring out
realize goals. A good entrepreneur knows that from given facts and information and should
planning is an effective skill only when be towards the pre-determined objectives.
combined with action.
In order to firm up what you have learned and
to have a better appreciation of the different
entrepreneurial competencies, read the PECs
checklist presented below, then answer the
same.

Task 4: PECs Checklist

Directions: Using the PECs checklist, assess

yourself by indicating a check
(/) mark in either strengths or development
areas column. Interpret the results by counting
the total number of check marks in each of the
columns. After accomplishing the checklist, form
a group and share your insights and experiences
why you came up with that personal
assessment.