CHARACTERISTICS OF AN ENTREPRENEUR. TLE 10 Technical Drawing July 12, 2018

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1 CHARACTERISTICS OF AN ENTREPRENEUR TLE 10 Technical Drawing July 12, 2018

2 Objectives 1. Describe the characteristics of an entrepreneur. 2. Make a self-evaluation on whether one has the potential to be an entrepreneur.

3 Essential Question How can a person become a successful entrepreneur?

4 Is an Entrepreneur born or made?

5

6 Is an entrepreneur born or made? It s a matter of nature versus nurture, said Jamal Edwards, founder of SB.TV, an online youth-oriented broadcaster. He reckoned that an entrepreneur was 5% born with innate abilities and 95% made by life experiences.... I wholly reject the idea that entrepreneurs are born, he said.

7 Is an entrepreneur born or made? A skill is an ability that is learned through training and practice.

8 Ultimately, the PC will be a window to everything people are interested in- and everything we need to know. Bill Gates

9 Characteristics of an entrepreneur POSITIVE QUALITIES? NEGATIVE QUALITIES?

10 Characteristics of an Entrepreneur Success in business does not only rely on your talents and skills; it also depends on having the right attitude towards it.

11 Characteristics of an Entrepreneur A positive attitude is the result of certain characteristics or traits that help a person approach a business with success.

12 Characteristics of an Entrepreneur

13 Characteristics of an Entrepreneur Creativity and innovation Creativity and innovation is what makes a business stand out. Being creative with your products, services and operations appeals to both consumers and employees alike. Self-Control And well defined values An entrepreneur has discipline. It also means having a work ethics or lives and works on a set of values that help strengthen his character and being respected.

14 Characteristics of an Entrepreneur Self-Confidence & outgoing To truly capitalise on an idea, you need to have the faith in your product or service along with the selfconfidence to execute it properly. Decision-Making Skills Making the right decision at the right time. Good decisions out of pure instinct as well as from careful analyses.

15 Characteristics of an Entrepreneur Desire for Responsibility An entrepreneur does not choose only things that are easy to get. He aims high and is not afraid of the responsibilities that go with his high goals. High Energy Level Because of his enthusiasm about a business, an entrepreneur has the willingness and the energy to work for its success.

16 Characteristics of an Entrepreneur Courage Success entails risks and challenges, and an entrepreneur is not afraid to meet these. Instead, he welcomes risks and challenges to measure his strengths.

17 Characteristics of an Entrepreneur Desire for immediate feedback An entrepreneur listens attentively to what the consumers say about his product or service. He welcomes comments and suggestions as tools to improve his business. Strong Desire to achieve An entrepreneur sets immediate goals to help him attain his main goal.

18 Do you think all the characteristics of a successful entrepreneur are equally important or are some more important that the others? Explain your answer.

19 Enrichment Activity: (short bond paper) If you were an entrepreneur, what would be your greatest entrepreneurial dream or aspiration? Which of the characteristics mentioned in the lesson do you think you already possess and that which you still need to develop and enhance? Present these through a collage. Divide your collage into three parts: Part 1 Your dreams/aspirations Part 2 Characteristics you already possess Part 3 Characteristics you still need to develop

20 References: Drafting by Macalalad N. et al. Eferza Technology and Livelihood Education By Josephine C. Bernardino Phoenix Pictures taken from Microsoft clipart library

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