ENTREP

• The word “entrepreneur” came from the French word “entreprendre,” which means "to undertake."
• Entrepreneurs are people who take on the risks and challenges of starting new businesses. They introduce new goods, services, or concepts to the market to make a profit
• Employment Creation - Entrepreneurs frequently hire employees to help with various tasks and responsibilities when launching their businesses.
• Economic Development - Entrepreneurial businesses drive economic growth by expanding operations, investing in state-of-the-art technology and equipment, and strengthening the workforce
• Technological Advancement - Entrepreneurs often bring new ideas and products that change how people live
• Market Dynamics - The emergence of new competition may expand the options accessible to consumers and result in the provision of better goods and services at cheaper costs
• Socio-Cultural Changes - Entrepreneurship is revolutionizing the way societal challenges are being approached and solved
• Agripreneurship

  deals with the production and selling of various agricultural goods and inputs. The most profitable agribusiness ideas include crop cultivation, production and processing, aquaculture, animal health and feeds, agro-bio products, biotechnical service, energy-saving, and ecological agro-production systems.
• Buyer Entrepreneurship involves business individuals who possess substantial capital and utilize it to acquire established companies or merge with smaller businesses. These acquired companies or small businesses have an established brand, customer base, and approved revenue-generating activities.
• Ecopreneurship involves people who want to create a "green" business. It comes with opportunities to save the Earth while making a good profit.
• Imitator Entrepreneurship

  creates a business by copying or adapting an existing business concept or a successful product or service in the market.
• Intrapreneurship

  is the act of being an entrepreneur within a company or organization. It involves taking risks, being innovative, and developing new ideas to improve the company's products or services
• Large Business Entrepreneurship involves taking calculated risks to develop new market offerings to remain competitive and better respond to changing markets and customer needs
• Scalable Startup Entrepreneurship involves launching a small-scale enterprise intending to quickly expand and transform into a highly lucrative company. It is focused on disruptive innovation and can continue or renew itself indefinitely.
• Small Business Entrepreneurship involves starting a business on a smaller scale rather than expanding it into a large corporation or opening multiple branches
• Social Entrepreneurship focuses on innovating and creating novel solutions to address pressing social issues
• Technopreneurship solves complex business problems and brings uniqueness and novelty to the business process by combining entrepreneurial skills and technology
• SMMEs are any business activity or enterprise engaged in industry, agribusiness, and services, whether single proprietorship, cooperative, partnership, or corporation, whose total assets are inclusive of those arising from a loan but exclusive of the land on which the business is situated
• Micro

  Less than P50,000
• Cottage

  P50,001 to P500,000
• Small P500,001 to P5,000,000
• Medium

  P5,000,001 to P20,000,000
• Sole Proprietorship – it is initiated, organized, owned, and managed by a single person
• Partnership – two (2) or more partners who co-own a business to make a profit
• Corporation – exist in contemplation of law; the business has its own identity separate and distinct from stockholders
• Cooperative – a duly registered group of persons with a common interest to voluntarily join to achieve a lawful social and economic end.
• Extrinsic Motivation.

  It is about motivating individuals to complete a task by offering rewards such as money, gifts, or treats. However, this type of motivation fades away when the reward is absent or not at par with their interest
• Intrinsic Motivation. People do the task at hand because they are passionate about the business.
• Dreamer Stage. In this stage, ideas can flow freely without fear of criticism or judgment from others. It encourages individuals to explore new possibilities, breaking free from the constraints of conventional thinking.
• Designer Stage. It provides an opportunity to analyze ideas and explore their feasibility.
• Detailer Stage. In this stage, potential problems are thoroughly looked for and identified. This step is crucial in ensuring that all aspects of the project have been considered and addressed before executing the plan.
• entrepreneurial mind frame equips the entrepreneur to be optimistic during a crisis. Even if entrepreneurs are aware that businesses are risky, they do not get easily discouraged.
• The entrepreneurial heart flame shows the passion of an entrepreneur in fulfilling their vision and mission.
• The entrepreneurial gut game exhibits an entrepreneur's intuitive side. Entrepreneurs have a good sense of whether something will work without necessitating logical, systematic, and sequential thinking. It brings out the confidence and courage of an entrepreneur.
• Environmental changes. It can significantly impact the rest of the world. These changes can occur naturally or as a result of human activities such as climate change, deforestation, pollution, and biodiversity loss, which can have wide-ranging and long-lasting effects on ecosystems, wildlife, and human health
• The physical environment encompasses elements such as the climate, natural resources, and wildlife.
• The social environment has various influential factors, such as the Political, Economic, Sociocultural, and Technological environment
• The business industry environment comprises a range of critical stakeholders, such as competitors, customers, creditors, employees, the government, and suppliers
• Technological progress. A person with a keen interest in entrepreneurship can explore countless business opportunities, make groundbreaking discoveries, and take advantage of cutting-edge technology.
• Government's initiatives and policies. The government's priorities, projects, programs, and policies can also provide valuable sources of inspiration.