TLE- PRELIM

• Entrepreneurship


  • Running a business
  • Process of designing and launching a business
• Entrepreneur


  • Someone who manages and operates a business
  • An individual who is ready to sell their talent to a company or business for money, they are the one who gives their service to other people with a confident approach
• Demography


  • Characteristics of a population, such as age, gender, income levels, and family size
• Demography example


  • The majority of people residing in Sandiat is oldies, what are you going to sell? wheel chair
  • cruches and diapers
  • drug store
  • wellness center
• Socio-cultural


  • Values, beliefs, norms, and lifestyles prevalent in a society
• Socio-cultural example


  • There are people needing something to wear. dresses
  • polo's
  • slacks
  • shoe store
  • taylor shop
  • Filipino foods
  • souviniers
  • money exchangers
• Economic


  • Factors like inflation, GDP growth, unemployment rates, and consumer spending habits
• Economic example


  • Consumers tend to be price concious, leading to increase of sale
• Legal and Political


  • Laws, regulations, government stability, and political ideologies that can impact businesses
• Legal and Political example


  • You bought a car, after a year the entreprenuer increases the tax rate
• Geographical, Ecology, Environment


  • Physical location, natural resources, climate, and environmental sustainability
• Geographical, Ecology, Environment example

  • Farmers need good soil and the right weather for their crops
• Technology


  • Advancements in tools, machinery, and processes that make things easier
• Technology example


  • Online shops like Amazon changed how people shop, making traditional stores less popular, businesses had to change how they sell things to keep up
• Areas that will help you increase your business potential

  • Financial skills
  • Business Knowledge
  • Career Exploration
  • Community awareness
  • Education
• Financial skills


  Ability to manage money, like managing budgeting, saving and investing
• Business Knowledge


  Understanding how business works, including concepts like marketing, sales
• Career Exploration


  Learning about different jobs and industries to find the best fit for your skills and interests, exploring professions through internships or job shadowing
• Community awareness


  Understanding the needs and dynamics of the community where you live or operate your business, being aware about what your customers need
• Education


  Formal or informal learning that helps you gain knowledge about a certain thing
• Relationships


  Connections you have with other people, including customers, entrepreneurs, and others. In this part, you need to be kind, efficient, and always on time
• Reasons why it's good to be an entrepreneur

  • Making your own rules
  • Doing work you enjoy
  • Creating greater wealth
  • Helping your community
• Making your own rules


  You decide how to run your own business, you don't follow anyone's rules, you set your own time, you make your own rules
• Doing work you enjoy

  You can do something you love, you can work on something you enjoy, you do not stress over your job
• Creating greater wealth


  Your business can help you make more money, when your business succeeds, you can earn more money than other professions
• Helping your community


  Since you have much money, you can help those who are unfortunate, helping those who are in need by providing jobs, useful products and services