ENTREPRENEURSHIP- STUDY MATERIAL AND NOTES, 2019-
2020
School/University: Valencia National High School
Course/Strand: For all Senior High School Strands
Buyers
Sellers
Bystanders
Observers
Why do you think there are lots of people in the market?
What are their purposes in going to the market?
Some are buyers, sellers and others are observers.
Entrepreneurship – the act of observing correct practices in managing and operating a self-
owned wealth, creating business enterprise.
The person entrepreneur
- When they become successful they inspire social development
- Entrepreneur can change the way we live and work.
What is the relevance of Entrepreneurship in our country?
What is the relevance of Entrepreneurship to individual?
Entrepreneur who is a business leader looks and puts them into effect in posturing economic
growth.
It is important to individual to live comfortably in life.
What subjects are having the topic of entrepreneurship?
Management
There are many entrepreneurs in the country
Skills – are considered as the personal abilities to do things well
What kind of skills should be developed in deliberate and systematic fashion by person who has an
intense desire of becoming a successful entrepreneur?
- Entrepreneurial skills such as cognitive, technical and interpersonal skills.
,Cognitive skills- mental ability of the entrepreneur to learn new things, generates the new ideas, and
expresses knowledge in both oral and written forms.
1. Ability to understand written materials
2. Ability to learn and apply new information
3. Ability to solve problems systematically
4. Ability to create new ideas
5. Ability to innovate new products and procedures or methods
Technical skills – focus mainly on the mechanical or practical aspect of a person rather than his/her
abstract or theoretical thinking.
1. Information technology
2. Feasibility study and business plan preparation
3. Technical writing skills
4. Marketing
5. Management and finance
Interpersonal skills – basically about the relationship/interaction of the entrepreneur with the workers,
suppliers, creditors, prospective customers and others.
What is competency?
- Is a person who aspires to become a successful entrepreneur and possess, internalize the character
traits that are common among successful entrepreneurs.
State the difference between small business and ordinary business
Small business
– Business or enterprise that correctly adopts and practices the principles of entrepreneurship
Ordinary small business
– Business enterprise managed and operated by an owner who is not an advocate of and does not
practice the concepts and principles of entrepreneurship.
What have you observed around, at home, in school and in the community?
At home, e-product (basic daily needs to be bought like foods, soap and others)
At home, services (transportation to pro- cure the basic daily needs)
In school, products (paper, and others)
In school, services ( snacks and others)
In the community, products (basic daily needs)
In the community, services ( volunteering and others)
Have you observe the problems of your neighbors in terms of procuring their basic needs?
Far from market to buy
, In the community where you belong, either rural or urban community, what are the problems
being observed?
In urban – pollution, factory exhaustion and others
In rural – transportation and others
Why do individuals have basic needs in their daily life activities?
Because it is necessary for all of us to go on living healthy and to live comfortably with the
family
Why is there a need to satisfy these basic needs?
Because everybody needs it to go on with our daily life activities
What will happen of some of these needs is not satisfied?
It will result to a feeling of discomfort, dissatisfaction and imbalance of our daily life activities
If the needs are satisfied, how do the individual feels?
It is just natural that we feel happy and contented if our daily needs are satisfied
How will you determine the products or services that can help solve the problem being observed?
By being observant of what you have seen around you at home, in school or in the community
Are the products or services that had chosen had the existing problem being?
Yes because it is based from our observation around the most people in need of that particular
product or services
What is opportunity seeking?
They have endless curiosity to discover new on different ideas and see whether these
ideas will work in the market place.
What is screening opportunity?
Is the process by which entrepreneurs evaluate innovative product ideas, strategies, and
marketing trends
12 hours of screening
1. Relevance
2020
School/University: Valencia National High School
Course/Strand: For all Senior High School Strands
Buyers
Sellers
Bystanders
Observers
Why do you think there are lots of people in the market?
What are their purposes in going to the market?
Some are buyers, sellers and others are observers.
Entrepreneurship – the act of observing correct practices in managing and operating a self-
owned wealth, creating business enterprise.
The person entrepreneur
- When they become successful they inspire social development
- Entrepreneur can change the way we live and work.
What is the relevance of Entrepreneurship in our country?
What is the relevance of Entrepreneurship to individual?
Entrepreneur who is a business leader looks and puts them into effect in posturing economic
growth.
It is important to individual to live comfortably in life.
What subjects are having the topic of entrepreneurship?
Management
There are many entrepreneurs in the country
Skills – are considered as the personal abilities to do things well
What kind of skills should be developed in deliberate and systematic fashion by person who has an
intense desire of becoming a successful entrepreneur?
- Entrepreneurial skills such as cognitive, technical and interpersonal skills.
,Cognitive skills- mental ability of the entrepreneur to learn new things, generates the new ideas, and
expresses knowledge in both oral and written forms.
1. Ability to understand written materials
2. Ability to learn and apply new information
3. Ability to solve problems systematically
4. Ability to create new ideas
5. Ability to innovate new products and procedures or methods
Technical skills – focus mainly on the mechanical or practical aspect of a person rather than his/her
abstract or theoretical thinking.
1. Information technology
2. Feasibility study and business plan preparation
3. Technical writing skills
4. Marketing
5. Management and finance
Interpersonal skills – basically about the relationship/interaction of the entrepreneur with the workers,
suppliers, creditors, prospective customers and others.
What is competency?
- Is a person who aspires to become a successful entrepreneur and possess, internalize the character
traits that are common among successful entrepreneurs.
State the difference between small business and ordinary business
Small business
– Business or enterprise that correctly adopts and practices the principles of entrepreneurship
Ordinary small business
– Business enterprise managed and operated by an owner who is not an advocate of and does not
practice the concepts and principles of entrepreneurship.
What have you observed around, at home, in school and in the community?
At home, e-product (basic daily needs to be bought like foods, soap and others)
At home, services (transportation to pro- cure the basic daily needs)
In school, products (paper, and others)
In school, services ( snacks and others)
In the community, products (basic daily needs)
In the community, services ( volunteering and others)
Have you observe the problems of your neighbors in terms of procuring their basic needs?
Far from market to buy
, In the community where you belong, either rural or urban community, what are the problems
being observed?
In urban – pollution, factory exhaustion and others
In rural – transportation and others
Why do individuals have basic needs in their daily life activities?
Because it is necessary for all of us to go on living healthy and to live comfortably with the
family
Why is there a need to satisfy these basic needs?
Because everybody needs it to go on with our daily life activities
What will happen of some of these needs is not satisfied?
It will result to a feeling of discomfort, dissatisfaction and imbalance of our daily life activities
If the needs are satisfied, how do the individual feels?
It is just natural that we feel happy and contented if our daily needs are satisfied
How will you determine the products or services that can help solve the problem being observed?
By being observant of what you have seen around you at home, in school or in the community
Are the products or services that had chosen had the existing problem being?
Yes because it is based from our observation around the most people in need of that particular
product or services
What is opportunity seeking?
They have endless curiosity to discover new on different ideas and see whether these
ideas will work in the market place.
What is screening opportunity?
Is the process by which entrepreneurs evaluate innovative product ideas, strategies, and
marketing trends
12 hours of screening
1. Relevance
