PERSONAL ENTREPRENEURIAL

COMPETENCIES
OR THE CHARACTERISTICS/QUALITIES OF A
SUCCESSFUL ENTREPRENUER
At the end of the discussion, the students are able to:
• Identify the Personal Entrepreneurial
Competencies;
• Recognize the three (3) cluster of PEC’s
ENTREPRENEURIALS COMPETENCY
• is a characteristics of a person which
enables him or her to be effective and to
show superior performance in business
ventures.
• It can be a set of skills, or appropriate
motives or traits that an individual
possesses that he or she uses to perform in
his/her business.
Successful entrepreneur have common
characteristics, which are divide into
three(3) cluster namely
1. ACHIEVEMENT CLUSTER
2. PLANNING CLUSTER
3. POWER CLUSTER
 1. ACHIEVEMENT CLUSTER
A.OPPORTUNITY SEEKING AND
INITIATIVE
• Refers to the quality that enables the
entrepreneur to see and act upon
new business opportunities even in
situations where other people sees
nothing but problems.
• Initiative is doing things before asked
or forced to by events
 1. ACHIEVEMENT CLUSTER
B. RISK TAKING
• Deliberately calculates risk and evaluates
alternatives
• Takes action to reduce risk or to control
outcomes
 1. ACHIEVEMENT CLUSTER
C. DEMAND FOR EFFICIENCY AND
QUALITY
• Finds ways to do things better, faster, or cheaper
• Acts to do things that meet or exceed standards or
excellence
• Develop or use procedures to ensure that work is
complete on the time or that work meets agrees-
upon standards quality
 1. ACHIEVEMENT CLUSTER
D. PERSISTENCE
• Takes action in the face of significant
obstacles
• Remains working towards the achievement of
his/her set goals
 1. ACHIEVEMENT CLUSTER
E. COMMITMENT TO THE WORK
CONTRACT
• Makes a personal sacrifice or expends
extraordinary effort to complete a job
 2. PLANNING CLUSTER
A. INFORMATION SEEKING
• Personally seeks information from clients,
supplier, or competitors
• Does personal research on how to provide a
product or service
 2. PLANNING CLUSTER
B. GOAL SETTING
• Set goals and objectives that are personally
meaningful and challenging
• Articulates clear and specific long-range goals
• Sets measurable short-term objectives
 2. PLANNING CLUSTER
C. SYSTEMATIC PLANNING AND
MONITORING
• Revises plans in the light of feedback on
performance or changing circumstances
• Keeps financial record and uses them to
make business decision
 3. POWER CLUSTER
A. PERSUASION AND
NETWORKING
•Ability to link, convince and influence
other individuals, and other group on
order to maintain business contact at a
high level.
 2. PLANNING CLUSTER
B. INDEPENDENCE AND SELF-
CONFIDENCE
• Seeks autonomy from the rules or control
of others
• Express confidence in own ability to
complete a difficult task or meet a
challenge
•In a ½ sheet of paper write a short
essay on how you can become a
successful entrepreneur.
(8-10 sentences)
• Today, I learn about ________
• I’m still confused with ________