POWER CLUSTER

• POWER CLUSTER - reflect the degree of the interpersonal relations maintained by successful entrepreneurs in the community - in simple terms, it refers to the relationship and image of the entrepreneur in the community
• An entrepreneur in the power cluster is:

  • Persuasive and positive networker

  • Self-confident
• PERSUASIVE AND POSITIVE NETWORKER-Make use of positive contacts in the business community in order to meet the goals and objectives of the business endeavor.

  -Adopts specific strategies that will influence and convince others while maintaining the highest degree of respect.
• FALSE -The term power connote autocratic control of the situation or having a bossy type personality
• TRUE -Successful entrepreneurs are persuasive and can easily influence and win over to their side the other stakeholders in business such as customers, suppliers, and prospective creditors.
• FALSE -A person with high self-confidence can hardly defend his/her own idea and is easily swayed by the ideas of others.
• SELF-CONFIDENT -it is a gradual process where the past correct experiences have significant contributions to the present.