ENTREPRENEURSHIP: OVERVIEW AND CONCEPTS

entrepreneur

An ___________ is a person who creates unique ideas that will be useful for starting a business.

Entrepreneurship

the science of converting processed ideas into a remarkable business venture

Competencies

_____________ are considered as the capability, capacity and ability of the learner in handling situations in various areas in business operations such as in marketing, management, production, and finance.

• Specific Goal Setting

• Self-Efficacy

• Need for Achievement

• Ambition

• Willingness to Learn

• Adaptability and Flexibility

• Willingness to Take Risk

• Interpersonal Skills

Entrepreneurship Common Competencies:

• Integrity

• Conceptual Thinking

• Strategic Thinking

• Decisiveness

• Customer Relations Service

• Risk-taking

• Collaboration

• Commercial Aptitude

• Optimism

• People-centered

Competencies For Entrepreneurial Success:

Integrity

Competencies For Entrepreneurial Success

An entrepreneur knows what is good and right. Do what is best for everyone and do not act without thinking.

Conceptual Thinking

Competencies For Entrepreneurial Success

Review outcome projects in order to understand where problems occurred. Check the impact of the proposed solution to both customers and employees.

Strategic Thinking

Competencies For Entrepreneurial Success

An entrepreneur finds ways to do things faster or at less costs.

Decisiveness

Competencies For Entrepreneurial Success

An entrepreneur switches to an alternative strategy to reach a goal. It generates new ideas and innovative solutions.

Customer Relations Service

Competencies For Entrepreneurial Success

A good entrepreneur knows what his or her customer needs in order to satisfy them and have a long term relationship.