ENTREP

• Career Opportunities of Entrepreneurship

  1.Business Consultant

  2. Teacher

  3. Researcher

  4. Sales

  5. Business Reporter
• Common Competencies in Entrepreneurship

  1. Decisive

  2. Communicator

  3. Leader

  4. Opportunity seeker

  5. Proactive

  6. Risk Taker

  7. Innovative
• Decisive - an entrepreneur must be firm in making decisions.
• Communicator - an entrepreneur must have a convincing power.
• Leader - an entrepreneur must have the charisma to be obeyed by his employees.
• Opportunity seeker - an entrepreneur must have the ability to be the first to see business chances.
• • Proactive controlling a situation by making things to happen or by preparing for possible future problems.
• Risk Taker - they have the courage to pursue their business ideas.
• Innovative - the entrepreneurs have big business ideas and they do not stop improving and thinking of new worthwhile ideas for their business.
• Core Competencies in Entrepreneurship

  1. Economic and dynamic activity
  2. Innovative

  3. Profit Potential

  4. Risk bearing
• • Economic and dynamic activity Entrepreneurship is an economic activity because it involves the creation and operation of an enterprise with a view to creating value or wealth by ensuring optimum utilization of limited resources.
• Innovative - Entrepreneurs constantly look for new ideas, thus he needs to be creative.
• • Profit Potential The entrepreneur can be compensated by his profit coming from the operation.
• Risk bearing – The entrepreneur needs to gamble but wise enough to offset the risk.
• Types of Entrepreneurs

  1. Innovative entrepreneur

  2. Imitating entrepreneurs

  3. Fabian entrepreneurs

  4. Drone entrepreneurs

  5. Social entrepreneurs

   
• Innovative entrepreneur

  -They are those who always make new things by thinking of new ideas.                   

  -They have the ability to think newer, better and more economical ideas.
• Imitating entrepreneurs

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

  -They are skeptical about changes to be made in the organization.

  -They don’t initiate but follow only after they are satisfied
• Drone entrepreneur -They are those who lives on the labor of others.

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

  -They are those who initiate changes and drive social innovation and transformation in the various fields such as education, health, human rights, environment and enterprise development.
• Career Opportunities of Entrepreneurship

  1. Business Consultant

  2. Teacher

  3. Researcher

  4. Sales.

  5. Business Reporter
• Business Consultant

  -with the expertise of in the field of entrepreneurship,

  • he can be a very good source of advices to other entrepreneurs and would be business man.
• Teacher - a graduate of an entrepreneurship can use his knowledge in teaching.
• Researcher - the entrepreneur can be employed as researcher by an enterprise.
• • Sales the entrepreneurship graduate can apply as salesman.
• Business Reporter

  • the entrepreneur being expert in the field,

  -he can be employed as business report.
• The word “entrepreneur” was derived from the French verb enterprendre, which means

  “to undertake.”
• The enterprise is created by an entrepreneur and the process is called “Entrepreneurship.”
• Entrepreneurs are innovators, willing to take risks and generate new ideas to make it

  unique and profitable solutions to the present-day problems.
• Personality Factors which includes:

  • Initiative

  • Proactive

  • Problem Solver

  • Perseverance

  • Persuasion

  • A Planner

  • Risk-taker
• Personality Factors which includes:

  • Initiative • Proactive• Problem Solver • Perseverance • Persuasion• A Planner• Risk-taker
• Environmental Factors- which include political, climate, legal system, economic and social

  conditions and market situations.
• 1. Initiative - which means doing things even before being told.
• b. Proactive -which means he can classify opportunities and seize it.
• Problem Solver - which means he can retain good relations with other people.
• Perseverance - meaning he will pursue things to get done regardless of challenges.
• Persuasion - means that he can entice people to buy even if they don’t.
• A Planner - meaning he makes plan before doing things and do not fail to monitor it.
• Risk-taker - which means that he is willing to gamble but he will calculate it first.