INTRO-ACHIEVEMENT CLUSTERS

• As per DTI, there are 10 Entrepreneurial Characteristics group into 3 clusters:

  • ACHIEVEMENT CLUSTER

  • PLANNING CLUSTER

  • POWER CLUSTER
• ACHIEVEMENT CLUSTER - entrepreneurial character traits that are directly related to the entrepreneur's desire to be an an achiever in the field of entrepreneurship.
• The entrepreneur who belongs to the achievement cluster is:

  • Opportunity-seeker

  • Commited

  • Persistent

  • Risk taker

  • Efficient and quality oriented
• OPPORTUNITY-SEEKER

  -Sees and acts on new business opportunities

  -Seizes unusual opportunities to obtain financing, equipment, land, work, space or assistance
• COMMITED

  -Accepts full responsibility on what has been promised to the customers

  -Establishes proper coordination with among workers

  -Seeks to prioritize the satisfaction and interests of costumers
• PERSISTENT

  -Take repeated or different actions to overcome the obstacle

  -Make personal sacrifice or extraordinary effort to complete the required task

  -Sticks to his own judgment in times of opposition and failure
• RISK-TAKER

  -it exist because of uncertainty

  -inseparable from entrepreneurship

  -it is inherent in all entrepreneurial ventures
• Types of Risk-takers:

  • Aggressive risk-takers

  • Moderate risk-takers

  • Conservative risk-takers
• EFFICIENT AND QUALITY-ORIENTED

  -Always perform the required tasks in accordance with existing standards of excellence or continuously improve his/her past performance

  -Strives to do things better and faster with minimal cost
• ENTREPRENEURIAL CHARACTER TRAITS - refers to the mark or attribute that distinguishes an entrepreneur from the owner of an ordinary small

  business.
• Business opportunities may arise from: •Changes in the environment

  •Advancement in technology

  •Government programs

  •Polices, people’s interests, past experiences
• TRUE -The entrepreneur weighs the pros and cons of a particular business opportunity before taking the risk.
• FALSE - Successful entrepreneurs perform entrepreneurial endeavors with higher cost. They likewise obtain the production of defective goods, or increases to a considerable extent the adverse reactions of customers to the services rendered.