ENTREPRENEURSHIP

INTRODUCTORY
CLASS

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 Lesson Plan

u Introduction – (Me and You)

u Subject Overview
u Important Instructions
u Classroom rules
u Lesson Proper

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 Introduction

 Me
– Personal
– Education
– Professional

 Now You (Written work)

 What is your name?
 Life goals
 What are your expectations for this
class/Teacher?

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 My Background- Work

 Name:
 Baccalaureate Degree:
 Masters Degree:
 Work Experiences:
 Current employment:

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 Introduction

Now Your turn

– Name
– Life goals
– What are your expectations for this
class/Teacher?
(10 minutes)

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 Subject Overview - Objectives

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 Subject Overview-Learning Methods

Lectures (interactive).
Tutorials (class exercise).
– Problem solving Group (home
work)

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 Subject Overview - Assessment

 WRITTEN WORKS (25%)

– Quizzes Summative Test
– Summative Test

 PERFORMANCE TASKS (45%)

– Seatwork
– Homework
– Classroom Participation
 QUARTERLY ASSESSMENT(30%)
– Mid-term Exam & Final Exam
Total = 100%
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 Classroom Rules

If Possible do not be late

When you are absent you should have an
Excuse Letter with parents signature for you
to take the removal test
Using Cellular phones inside the classroom
is strictly prohibited
Show respect with each other
Immersion rule (discuss)
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 Lesson Proper

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 Objective

Define and Understand

entrepreneurship
Identify the qualities of an entrepreneur
Discuss the relevance of
entrepreneurship in economic growth
and society

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 The Farmer’s Son

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 Game

Tell me the owner:

Divide the class into four groups
each group will be given 5
seconds to guess the owner of
the company. The group who
gain a highest point will be the
winner and win a prize
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 Tell me the owner

SM Mall
Henry Sy

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 Tell me the owner

Tanduay
Lucio Tan

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 Tell me the owner

URC
John Gokongwei

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 Tell me the owner

ABS – CBN

Eugenio Lopez

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 Tell me the owner

TV 5
Manny Pangilinan

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 Tell me the owner

Zest-O
Alfredo Yao

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 Tell me the owner

KFC
Colonel Sanders

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 Guide Questions:

Does the above personality known

to you?
Who are they; and what are their
role in our country?
Are you familiar with the story
behind their success?
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 The Story of KFC

Colonel Sanders
The founder of the KFC
Restaurant

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 The Story of KFC
 At 5 years old: He lost his father
 At 16: He dropped out of School
 At 1 : He was fired from 4 jobs
 At18: He got married and became a
railroad conductor

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 The Story of KFC

 At 19: He became a father to a little girl

 At
20: His wife left him and took their
1year old baby daughter with her
 At22: He joined the army, applied to law
school, and faced rejection after rejection
from school and the jobs he was at

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 The Story of KFC
 Then he became an insurance salesman
 Another fail to be added to his messy
resume
 He decided to be a cook and a dishwasher
at a small café
 At 65 years old: He retired

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 The Story of KFC
 Onthe first day of his retirement, he
received a check from the government for
$ 105.
 What a slap on his face; How he could
survive a $ 105 monthly budget, he
thought, at such an old age?!

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 The Story of KFC
 Feeling
like a total failure, he decided to
commit suicide
 He sat under the tree writing his suicide
letter and will.
 Then all of a sudden he thought of writing
instead, what he would have
accomplished, had he had the choice to
start his life all over.

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 The Story of KFC
 He realized there was so much he hadn’t
done yet!
 One thing he realized, that he could do like
no one else!
 Actually,
he could do a better than
everyone else!
 THAT WAS COOKING

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 The Story of KFC
 Cooking the best chicken anyone had ever
tasted
 Heborrowed $ 8 to buy a fryer and his
recipe’s ingredients
 He lived on his unique fried chicken
recipe, trying to sell it door to door to his
neighbors in Kentucky, as well as, to
license it to restaurants

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 The Story of KFC
 Hewas rejected jet again 1,009 times from
the restaurants he tried to license his
recipe to
1,010th restaurant gave him his yes
 The
moment
 KFC was born

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 The Story of KFC
 At 88: Colonel Sanders became a multi-
billionaire and KFC the second biggest
food empire
 NowKFC has over 20,000 locations in 123
countries

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 Moral of the Story
 You have what it takes to be successful,
DON’T GIVE UP
 It’s never too old to dream
 Go after your wildest dreams, now!

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 Moral of the Story
 Believein the quality of what you do and
in yourself no matter how many times you
get rejected

 Make a difference and enhance people’s

lives

You CAN
You WILL
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 Analysis
1. How do you find the story of Colonel Sanders?
2. On the story given; how you will understand
entrepreneur?, Entrepreneurship?
3. What characteristics an entrepreneur should
posses?
4. What are the opportunities open to an
entrepreneurship?
5. What are the role of entrepreneurship in
economic development and society?

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 Entrepreneur
Refers to a person who strongly
advocates and correctly
practices the concepts and
principles of
entrepreneurship in operating
and managing the self-owned
entrepreneurial venture

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 Entrepreneurial

Activity and characteristics related

to an entrepreneur.

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 Video on “What is
Entrepreneurship

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 Entrepreneurship
Is the art of observing correct
practices in managing and
operating a self-owned, wealth-
creating business enterprise by
providing goods and services
that are valuable to the
customers.

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 Small Business
 Refers to a business or enterprise that
correctly adopts and practices the
principles of entrepreneurship.
 Owned by one person with a limited
workforce of not more than 20 persons
 SME’s – Small Medium Enterprises

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 SME’s or Small Medium
Enterprise
Are concrete manifestations of
entrepreneurship
Inthe Philippines 99.7% of all firms
operating in the country are SME’s
and 69% of the labor force and
47% registered establishment are
SME’s owned by women.
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 Qualities of an Entrepreneur
 Mind Frame
 Heart Flame
 Gut Game
 Calculated risk-taking
 Commitment
 Feedback seeking
 Perseverance
 Driven passion
 Self confidence
 Opportunity orientation
 Innovative
 Responsibility
 Tolerance for failure

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 Qualities of an Entrepreneur

Entrepreneurial Mind Frame

 Allows the entrepreneur to see things in a
very positive and optimistic light in the midst
of crisis or difficult situations. Instead of being
discouraged, the entrepreneur is able to use
these problematic situations as inspiration in
creating something innovative
 Driven by passion, they are drawn to find
fulfillment in the act and process of discovery
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 Qualities of and Entrepreneur

Entrepreneurial Heart Flame

Is also about emotional
intelligence or EQ which is often
manifested in the entrepreneur’s
efforts to nurture relationships with
customers, employees and
suppliers

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 Qualities of and Entrepreneur

Entrepreneurial Gut Game

Refers to the ability of the
entrepreneur to sense without
using the five senses. Known as
intuition.
Also connotes courage or; in the
local dialect, “lakas ng loob”
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 Qualities of and Entrepreneur

Calculated risk-taking
Doing things possible to get the odds in
their favor
Example:
 Convince investor to put up money
 Convince creditors to give discount
 Offering
special terms of payment for
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raw materials
 Qualities of and Entrepreneur

Commitment
Isthe unwavering dedication to
work for the common good of the
society through one’s business
Example:

Willingness to use one’s own

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savings, sacrificing family time and
 Qualities of and Entrepreneur

Feedback seeking
taking of steps to know how
well they are doing and how
they might improve their
performance
Example: asking comments,
reactions and suggestions
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 Qualities of and Entrepreneur

Perseverance
Determination to succeed
by overcoming obstacles
Example: borrowing
money, training of
employees
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 Qualities of and Entrepreneur

Driven passion
Pursue and attain challenging goals
Example: assessing their business
performance regularly based on set
standards; analyzing how one’s
competitors are doing I the market

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 Qualities of and Entrepreneur

Self confidence
Isthe belief that together with the
other people things can be done in
the business
Example: having positive beliefs
and allowing those around them to
help during a crisis
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 Qualities of and Entrepreneur

Opportunity orientation
Is the constant awareness of
opportunities that exist in everyday
life.
Example: studying the change in
customer preferences to improve
an existing product/services.
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 Qualities of and Entrepreneur

Innovative
Is the ability to come
up with something
different or unique
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every time
 Qualities of and Entrepreneur

Responsibility
Personally responsible for the
success or failure of the
business operation
Essence of being accountable
for whatever is done
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 Qualities of and Entrepreneur

Tolerance for failure

The serious setbacks
and disappointment
become an integral part
of learning process
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 Relevance of entrepreneurship in
economic development and society
Creates Improves the
employment Role of quality of life
Develops new Entrepreneurs Serves as role
hip and
Market Entrepreneu
models
Introduces r in Brings social benefits
innovation Economic to the people
Generates new Developmen
Utilizes and mobilizes
Sources of t and indigenous resources
materials Society
Stimulates investment Provides more
interest in the new business alternatives for
ventures being created consumers
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 Abstraction

What is entrepreneurship?
What are the qualities of an
entrepreneur?
Discuss the relevance of
entrepreneurship in economic
growth and society

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 Application
Something to Ponder
“If at first you don’t
succeed, try and try
again. If you fall off
the horse, you have
to get back on”
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 Evaluation
•The art of observing correct practices in
managing and operating a self-owned, wealth-
creating business enterprise by providing
goods and services that are valuable to the
customers
•Give at least 3 qualities of an entrepreneur
•What is the role of entrepreneur in the
economic growth and society?
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 Assignment
Visit the Department of Trade and
Industry website. Find out what
programs it is currently
implementing in support of SMEs in
the country
Look for a woman entrepreneur in
your community. Ask her about the
reasons for her engaging in
entrepreneurship

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