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SYLLABUSINTRODUCTION TO ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIPTHE FOUNDATIONS OF ENTREPRENEURSHIPDefine the role of the entrepreneur in business in the Philippines and around the world.Describe the entrepreneurial profile.Describe the benefits and drawbacks of entrepreneurshipLearning ObjectivesExplain the forces that are driving the growth of entrepreneurship.THE FOUNDATIONS OF ENTREPRENEURSHIPDescribe the role small businesses play in the Philippine economy.Explain how an entrepreneur can avoid becoming another failure statistic.Learning ObjectivesExplain the cultural diversity of entrepreneurship.The Global Entrepreneurship & Development Index was created to provide a more complete understanding of economic development by capturing the contextual nature of business formation, expansion, and growth.It is based on analysis of comprehensive data sets from more than 120 countries that marshal information about the 3As of development: entrepreneurial attitudes, aspirations, and activity.

CountryRankScoreUnited States182.5

Philippines9028.5Singapore1167.9Bangladesh12113.8

PHILIPPINES90 GEDI Rank28.5 GEDI ScoreIn 2014 the Philippines is Bottom Ranked Loanword fromFrench,fromentreprendretoundertake or manage Usage in France and England as early as 1723 Have always been associated with managing resources and taking risks

WHO IS THE ENTREPRENEUR?

WHO IS THE ENTREPRENEUR?

An entrepreneur is one who creates a new enterprise, usually a business, in the face of risk or uncertainty for the purpose of achieving profit and growth by identifying significant opportunities and assembling the necessary resources to capitalize on them.

An entrepreneur is one who creates a new enterprise, usually a business, in the face of risk or uncertainty for the purpose of achieving profit and growth by identifying significant opportunities and assembling the necessary resources to capitalize on them.

ENTREPRENEURIALPROFILE

The EntrepreneurI Desire ResponsibilityI Prefer Moderate RiskI am Confident in my ability to succeedI am DeterminedAddress: JGSoM Building, Ateneo de Manila UniversityPhone: +63 917 123 4567Email: [email protected] Me

17The EntrepreneurI Desire Immediate FeedbackI Have a High Level of EnergyI am Future-OrientedI have Organizing SkillsI Value Achievement over MoneyAddress: JGSoM Building, Ateneo de Manila UniversityPhone: +63 917 123 4567Email: [email protected] Me

18Filipino EntrepreneursMr. John Gokongwei

Filipino EntrepreneursMr. Edgar Injap Sia II

Filipino Entrepreneurs

Mr. Raymund Magdaluyo

21Other Common Traits

High Degree of CommitmentTolerance for AmbiguityFlexibilityHardworkingTenacity

The Benefits of EntrepreneurshipThe Benefits of Entrepreneurship

The Benefits of Entrepreneurship

The Benefits of Entrepreneurship

The Benefits of EntrepreneurshipCreate your own destiny.Make a difference.Reach your full potentialThe Benefits of Entrepreneurship

The Benefits of Entrepreneurship

The Benefits of Entrepreneurship

The Benefits of EntrepreneurshipReap impressive profitsContribute to society and be recognizedDo what you like and have fun at it.

Founded by Hankie Lee, Eric Puno and Albert Tan in 2001.Bought by Martin Lorenzo of Pancake House for a reported P800 million in 2011.

Opened in 1981 by Julia Gandionco in Mandaue City, Cebu.Now has over 500 stores ran by 130+ franchisees.

The Drawbacks of EntrepreneurshipThe Drawbacks of EntrepreneurshipUncertainty of incomeRisk of Losing Your Entire InvestmentLong Hours and Hard WorkThe Drawbacks of Entrepreneurship

The Drawbacks of Entrepreneurship

The Drawbacks of Entrepreneurship

The Drawbacks of EntrepreneurshipHigh Levels of StressComplete ResponsibilityDiscouragementThe Drawbacks of Entrepreneurship

The Drawbacks of Entrepreneurship

The Drawbacks of Entrepreneurship

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Whats feeding the entrepreneurial fire?

Entrepreneurs as Heroes

Independent Lifestyle

The Internet and Cloud Computing

Technological Advancements

Entrepreneurial Education

International OpportunitiesBirth and growth of micro-multinationals (small companies that focus on serving the customer needs of other countries RESOM, ICCP)Why start in college?

Group Work and DiscussionMyths About College Entrepreneurship

Myths About College Entrepreneurship

Group Work and DiscussionHow to Avoid the Pitfalls

How to Avoid the PitfallsHow to Avoid the Pitfalls

QUESTIONS?