ENTREP ENUMERATION

• 4 Ms of Production

  • Manpower
  • Materials
  • Machine
  • Method
• 5 Types of Entrepreneurs

  • Innovative Entrepreneurs
  • Imitating Entrepreneurs
  • Fabian Entrepreneurs
  • Drone Entrepreneurs
  • Social Entrepreneurs
• 7 Common Competencies in Entrepreneurship

  • Communicator
  • Leader
  • Opportunity Seeker
  • Proactive
  • Risk Taker
  • Innovative
• 5 Possible Careers of Entrepreneurs

  • Business Consultant
  • Teacher
  • Researcher
  • Sales
  • Business Reporter
• 4 Core Competencies in Entrepreneurship

  • Economic and Dynamic Activity
  • Innovative
  • Profit Potential
  • Risk bearing
• Business plan


  A plan that discusses what the business is all about
• Executive Summary


  • Part of the business plan
  • The first to be presented
  • The last to be made
• Management Section


  • Shows how you will manage your business
  • The people you need to help you in your operations
• Marketing Section


  • Shows the design of your product/service
  • Pricing
  • Where you will sell
  • How you will introduce your product/service to your market
• Financial Section


  • Shows the money needed for the business
  • How much you will take in
  • How much you will pay out
• Production Section


  • Shows the area
  • Equipment
  • Materials needed for the business
• Competitive Analysis


  A strategy where you identify major competitors and research their products, sales and marketing strategies
• Market


  Persons who will buy the product or services
• Organizational chart


  A diagram showing graphically the relation of one official to another, or others of a company
• Initiative

  • a personaliry factor which means doing something before even told
• Persuasion


  A personality factor which means convincing customers to buy the product
• entreprendre

  to undertake
• Entrepreneurial gut game


  The ability of an entrepreneur that is also called as intuition
• Economic forces


  Among the forces in the societal environment, which encompasses the income level
• Technological discovery and advancement


  Among the sources of opportunities, which consists of in latest technology
• People's interest


  One of the root sources of entrepreneurial ideas that will meet the interest, hobbies and preferences
• Imitating entrepreneurs


  • People who follow the path of innovative entrepreneurial
• Drone entrepreneurs


  • Who live on the labor of others
• Fabian entrepreneurs


  • Skeptical about the changes of company
• Social entrepreneurs


  • Drives social innovation
• Innovative entrepreneurs


  • Look for and gain new ideas