NAGA VIEW ADVENTIST COLLEGE, INC.

ENTREPRENEURSHIP
FIRST SEMESTER CLASS 2020-2021

MODULE 1 : Introduction to Entrepreneurship

LEARNING OUTCOME:

Content Standards
The learner demonstrates understanding of key concepts, underlying principles, and core
competencies in Entrepreneurship.

Performance Standards
The learner independently creates/provides a quality and marketable product and/or service
in Entrepreneurship.

Most Essential Learning Competencies

The learner shall…

1. Discuss the relevance of the course;
2. Explain the key concepts of common competencies;
3. Explain the core competencies in Entrepreneurship; and
4. Explore job opportunities for Entrepreneurship as a career.

Module Introduction
This module will provide you with an overview of entrepreneurship as a course. The
meaning in different perspectives of entrepreneurship will be examined together with the
concepts and core skills or competencies necessary for understanding entrepreneurship.

The objective is to enable you to Discuss the relevance of the course, Explain the key
concepts of common competencies, Explain the core competencies in Entrepreneurship; and Explore
job opportunities for Entrepreneurship as a career. The essential understanding and essential
question will help you focus the value of the course. The general goal of the module is an exciting
learning for you!
 Essential understanding: Essential question:
Entrepreneurs are essential to How can I be an
economic development in the 21st entrepreneur?
century.

Lessons to Learn

1. Entrepreneurship and its advantage to the economy.

2. The Core Competencies in Entrepreneurship; And
3. Job Opportunities for Entrepreneurship as a Career.

WARM UP DRILL : MY EMOJI TODAY

INSTRUCTION: Check the dialogue box of the emoji that correspond your answer in the question:
HOW DO YOU FIND Entrepreneurship AS A COURSE?

EXCITED HAPPY ANGRY SAD

The general goal of the module is an exciting

learning for you!
Lesson 1: Entrepreneurship Defined and its Advantages to the economy
Entrepreneurship is essential in the country’s economy. What it is all about and how is it important
will be the main point of lesson 1 for you to grasp. But before proceeding to the lesson, please
answer the STATUS-LIKE-SHARE activity to help you map your understanding of the lesson.

STATUS-LIKE-SHARE
INSTRUCTION: Answer the question in green ribbon below by filling-up the STATUS column on
what you know, and LIKE column on what you want to know. Leave the SHARE column blank unless
you are told to do so.

LIKE SHARE
STATUS
(What I want to know ) (What i Learned )
(What I know)
Entrepreneurship is all about choices.
________________________ I want to know on how does ______________________
_____________________
A good entreprenuer should know
________________________ entrepreneur manage their ______________________
how to allocate scarce resources _____________________
resources in times of
________________________ ______________________
in order to fulfill the needs and unexpected times like natural
_____________________
wants________________________
of his/her market. disaster and problems. ______________________
_____________________
Studying this subject can help us
________________________ How does entrepreneur
_____________________ ______________________
in decision making and managing
________________________ manage their stress and ______________________
our own resources. _____________________
make a decision making in a
________________________ ______________________
short period of time.
_____________________
________________________ ______________________
_____________________
________________________ ____________________ ______________________
______________________
______________________
______________________

how important is entrepreneurship to you?

Entrepreneurship is essential for us specially for us young students

who are taking business subjects bacause it gives us awareness in
true colors of our economy and it also prepares us for the future where
we will experience everything we had studied from high school to college
in this subject. It also help us to manage our time, efforts and money. It
guides us in our decision making and boost our confidence to face
challenges and handle stress.
CLOSE READING
INSTRUCTION : The reading materials below can help you process information about the meaning
of entrepreneurship, answer the question in the dialogue box to strengthen your compression in
the lesson.

READING MATERIAL NO. 1 What is entrepreneurship

Entrepreneurship the art of observing correct practices in managing

and operating a self-owned, wealth-creating business enterprise by
Which of the three providing goods and services that are valuable to the
definition of customers(https://quizlet.com/).
entrepreneurship is
more complete
_________________
2nd definition is more
_________________ Entrepreneurship is a complex term that’s often defined simply as
complete than the other
_________________
two definition. running your own business. The capacity and willingness
_________________ to develop, organize and manage a business venture along with
_________________ any of its risks in order to make a profit.
_________________ In economics, entrepreneurship combined with land, labor,
_________________ natural resources and capital can produce profit. They are often
_______________ synonymous to the word ‘innovative’.
(https://www.philippinebusinessentrepreneursexpo.com)

Of the three definition of

entrepreneurship, what
common theme is
introduced? ___________
_____________________ The more modern entrepreneurship definition is also about
_____________________
1st paragraph has the common transforming the world by solving big problems. Like
theme of entrepreneurship.
_____________________
initiating social change, creating an innovative product or
_____________________
________________ presenting a new life-changing solution
(https://www.oberlo.com).
PERFORMACE TASK NO. 1. Entrepreneurship to me is?
INSTRUCTION: Fill in the concept definition map (ACTIVITY WORKSHEET NO.1)
with 5 words defining entrepreneurship in your own words. Then write you
explanation.

ACTIVITY WORKSHEET NO. 1 : WHAT IS ENTREPRENEURSHIP?

Management

Techniques Risky

ENTREPRENEUSHIP
IS

Decision-making Process

For me Entrepreneurship is
_________________________________________________________________________
a process of starting a new business that offers products and work to its sorrounding. It is all about decision
because its nature of being risky. It is a management because it helps the entrepreneur to deal with others
_________________________________________________________________________
and it gives and introduce new techniques on how to manage everything in workplace and to control factors
_________________________________________________________________________
that may affect the business.
_________________________________________________________________________
Reading material no. 2: BENEFITS OF ENTREPRENEURSHIP
Source : https://www.toppr.com

As we have seen previously, entrepreneurship is a very important form of business organization.

Entrepreneurs are often considered the building blocks of an economy. They take risks to fulfil
customer needs and expectations.
And so entrepreneurship is beneficial in many ways to the entrepreneur, the organization and the
economy as a whole. Let us take a look at some of the benefits of entrepreneurship,
1. The growth of Managerial Abilities
One of the biggest and most significant benefits of entrepreneurship is that it helps in the
identification and development of managerial talent.
A successful entrepreneur has to learn a lot of skills to run his business. One such very important
skill is the art of decision making.
So an entrepreneur weighs his options, analysis his choices and chooses the best alternative. This
is the crux of decision making.
Along the way, an entrepreneur may even learn new managerial functions and techniques. This
really helps in the overall development of managerial capabilities in an economy.
2. Creation of Businesses/Organization
Entrepreneurship is essentially a business owned entirely by one person. And the majority of these
businesses are actually single handly run by the entrepreneurs themselves. So they assemble and
coordinate their factors of production. They create their organizations from the ground up. They
even learn some managerial skills along the way.
3] Promotes Better Standard of Living
One very important factor of entrepreneurship is that they help fulfil all the customer needs and
luxuries in society.
An entrepreneur will launch products and services to meet customer requirements, even if it is not a
mainstream good/service. Even niche requirements are fulfilled by entrepreneurs.
So this results in a better standard of living for the members of the public. The boom we have seen in high
tech electronics, personal shopping experiences, luxury cars, and other products are all a result of this rise
in our standard of living thanks to the entrepreneurs.
4] Economic Development
Entrepreneurs play a very important role in the national economy of any country. They are the spark
that ignites the flames of economic development in a country.
They not only invest their own capital but also attract capital from the market. Entrepreneurs make
productive use of these savings, they mobilize them and turn them into a productive resource.
This pooled financial resource or capital is the basis of wealth creation in the economy. There is
another of the benefits of entrepreneurship is that they also create jobs in the market. Again this
contributes majorly to the economic development of a country.

For me the benefits of Entrepreneurship is

________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
____
Reading material no. 3: 18 Advantages and Disadvantages of Entrepreneurship
Source : https://futureofworking.com

The advantages and disadvantages of entrepreneurship attempt to

Which two of the list of the
balance the risk of a new idea with the rewards that happen if it
advantage of
entrepreneurship excite takes off. “Starting a company extracts so much energy and
you? why? conviction that not having a clear-cut goal and meaningful
______________________ mission can hamper your success,” said Sami Inkinen, co-
______________________ founder of Virta Health.
______________________ Do you have what it takes to become an entrepreneur?
______________________
______________________ List of the Advantages of Entrepreneurship
______________________ 1. Being an entrepreneur means you get to be your own boss.
______________________ 2. Entrepreneurs get to discover who they really are.
______________________ 3. Entrepreneurs get to dictate their own schedule (to a certain
______________________ extent).
______________________ 4. Every day is different when you’re working as an
______________________ entrepreneur.
______________________ 5. There are fewer restrictions to worry about in the world of
______________________ entrepreneurship.
______________________ 6. You can still earn what you are worth as an entrepreneur in
______________________ your early days.
______________________
7. Entrepreneurs can choose to pursue any idea they want.
______________________
8. You get to be more involved with your community as an
______________________
entrepreneur.
_____
9. Entrepreneurs get to be the innovators of their industry.
10. Every day is exciting in the world of entrepreneurship.
Which two of the list of the
disadvantage of List of the Disadvantages of Entrepreneurship
entrepreneurship
discouraged you? Why? 1. The world of entrepreneurship is going to dominate your
______________________ life.
______________________
2. Entrepreneurs do not have a guaranteed paycheck waiting
______________________
for them.
______________________
3. The world of entrepreneurship requires leaders if you want
______________________
______________________ to be successful.
______________________ 4. You must be patient with the process when you become an
______________________ entrepreneur.
______________________ 5. Stress levels are high in the world of entrepreneurship.
______________________ 6. There are taxation consequences to consider as an
______________________ entrepreneur.
______________________ 7. Funding can be a significant problem for entrepreneurs.
______________________ 8. Entrepreneurs still have a boss that they must manage.
______________________
______________________
______________________
______________________
______________________
PERFORMACE TASK NO. 2. Entrepreneurship in the community
INSTRUCTION: observe your community and take pictures of the benefits
of entrepreneurship mentioned in reading material no. 2 that is obvservable
in the community.

ACTIVITY WORKSHEET NO. 2 : MY COMMUNITY

YOUR NAME ______________________________________
HOME ADDRESS
____________________________________________________________

PASTE PICTURE OF MY COMMUNITY

DATE TAKEN :

DESCRIPTION :
_____________________________________________________________
_____________________________________________________________
_____________________________________________________________
how important is ENTREPRENEURSHIP TO YOU?
_____________________________________________________________
_____________________________________________________________
_____________________________________________________________
______________________________________________________

To answer this question , go back to STATUS-

LIKE-SHARE corner of the module to fill
the SHARE box
LESSON 2: The Core Competencies in Entrepreneurship
lesson 1 helped you define entrepreneurship and enumerate the importance of the said course to
you and your community. Lesson 2 will get you to focus on core skills or competencies that
entrepreneurship needs for success. Before we process please answer the Status -Like -Share corner
to warm up your understanding of the lesson.

STATUS-LIKE-SHARE
INSTRUCTION: Answer the question in green ribbon below by filling-up the STATUS column on
what you know, and LIKE column on what you want to know. leave the SHARE column blank unless
you are told to do so.

LIKE SHARE
STATUS
(What I want to know ) (What i Learned )
(What I know)
___________________ _________________ _________________
___________________ _________________ _________________
___________________ _________________ _________________
___________________ _________________ _________________
___________________ _________________ _________________
___________________ _________________ _________________
___________________ _________________ _________________
___________________ _________________ _________________
___________________ _________________ _________________
___________________ _________________ _________________
___________________ _________________ _________________
_____________ ___________ ________________

What are important skills of an ntrepreneur? Cite as many as you can

 CLOSE READING
INSTRUCTION : the reading materials below can help you process information about core
competencies of entrepreneurship, answer the question in the dialogue box to strengthen your
compression in the lesson.

READING MATERIAL NO. 1 The 3 Core Competencies Entrepreneurs Must Master to Succeed

The 3 Core Competencies Entrepreneurs Must Master to Succeed

What is cashflow “MY IDEA IS SO GREAT, I’M GUARANTEED SUCCESS!”
management? by Michael Houlihan & Bonnie Harvey | Business Blog
_______________ accessed at https://thebarefootspirit.com/
_______________
We see too many entrepreneurs falling in love with their products and kidding themselves into
_______________ believing that their idea itself is all they need to make them a screaming success. Warehouses
_______________ are filled with great commercial products that never got to store shelves. Founders of
_ promising start-ups wind up working for their investors, or worse, close their doors. All hopes
are dashed and they are back living with mom. Why? Because they failed to master the three
core competencies of any successful business.
1. 1. Cash Flow Management. You’ve got to pay your bills! And when you can’t? You have
obvious two choices. Go out of business, or raise more capital. But that comes with a price;
What is personal diluted stock or loss of control. So many companies try to get financing to pay for staff without
management? sales. They may be financed and even refinanced before they make enough sales to support
their overhead. In other words, they are top heavy and reliant on multiple rounds of new
_______________
investment to stay afloat. One different solution is to make sales a priority, sell in a small
_______________ territory, service the heck out of it, and use the proceeds to finance growth. Another solution
_______________ is to identify and forge strategic alliances with your vendors and your buyers. Vendors who
_______________ trust you will extend your credit and terms to help you make ends meet, especially when they
_ believe their business will grow if you succeed. Buyers will pay in cash for volume discounts
which also help you pay the bills.
2. 2. Personnel Management. You’ve got to get some help! And it ain’t easy! Probably the
most important skill successful entrepreneurs have learned in their years of experience is how
to hire the right people. But even if you hire well, you still have to train, incentivize, and
encourage your people to do their best. It’s a tall order, but absolutely necessary. Just
discovering and implementing a productive compensation system can take years of trial and
error. We suggest you start with bonuses for sales, growth, and profitability. Get everybody
to agree on exactly what the metrics are and how their jobs can contribute. Then offer a
quarterly bonus to everyone, regardless of their job, to put them all on the same team. This
builds a positive company culture.
What is 3. 3.Distribution Management. You’ve got to get your product to market! This requires
distribution satisfying several levels of distribution before it gets to your ultimate customer. This is perhaps
management? the most important skill set new product producers overlook. They tend to focus on production
_______________ and think, if their product is good enough and priced right, it will sell. But you will run into
distributers who want to know what the strategic advantage is of carrying your product. Their
_______________ sales managers want to know how you will help them make their numbers. Their salespeople
_______________ want to know what the incentive is. The retailer wants to know how fast it turns, and his clerk
_______________ wants to know why he should stock it on the shelf. Nobody but your end-user customer cares
_ about quality or price. Everyone has their own requirements and you’d better satisfy them or
you simply won’t make it to market. Distribution is more important that your product because
nobody can buy it if it isn’t there!
These 3 core competencies may vary from business to business, but they generally fall in to
these basic proficiencies. Master them and your great idea will be much more likely to
succeed.
 As future entrepreneur the 3 Core Competencies
of the readings is
_________________________________________
_________________________________________
_________________________________________
_________________________________________
_________________________________________
_

Assignment for further reading

What are the characteristics of an entrepreneur?

PERFORMACE TASK NO. 3. 5 Days Personal Journal

Instruction: take and paste pictures of how you get to do the 3 core
competencies of an entrepreneur in your personal preparation for
entrepreneurship career. Write a short description of the picture
 ACTIVITY WORKSHEET NO. 3
5 Days Personal Journal

Day1 Day2 Day3___ Day4___ Day5___

_________ _________ _________ _________ _________
_________ _________ _________ _________ _________
_________ _________ _________ _________ _________
_________ _________ _________ _________ _________
_________ _________ _________ _________ _________
_________ _________ _________ _________ _________
_________ _________ _________ _________ _________
_________ _________ _________ _________ _________
_________ _________ _________ _________ _________
_________ _________ _________ _________ _________
_________ _________ _________ _________ _________
_________ _________ _____ _________ _________
_________ _________ _________ _________
_________ _________ _________ _________
_________ _________ _________ _________
________ _________ _________ _________
_________ _________ _________
_________ _________ _________
_________ ____ ____
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 ENRICHING ARTICLE
Why We Need to Study and Learn Entrepreneurship
By Constantine
November 28, 2017
Accessed at https://www.europeanentrepreneurship.com

Although we may have an inherent aptitude for a discipline or subject, any skill can be improved if
there’s a willingness to learn. We live in a world where the future is uncertain, and it belongs to
creators and innovators. And that’s why it’s important to learn and study entrepreneurship.
Entrepreneurship education serves as an excellent foundation for the types of creative, innovative
ideas we need to succeed in the 21st century.
✓ Nurtures Personal Growth and Development
Studying entrepreneurship benefits students and learners from different social and economic
backgrounds because it teaches people to cultivate unique skills and think outside the box.
Moreover, it creates opportunity, instills confidence, ensures social justice and stimulates the
economy. Entrepreneurship education also provides budding entrepreneurs with the skills and
knowledge to come up with business ideas and develop their own ventures. And this includes
helping them to learn about core business areas such as finance, sales, marketing,
management and accounting, not to mention, broader ranging skills such as adaptability,
effective communication, and confidence.
✓ Relevance
The advantage of learning entrepreneurial skills over more traditional subjects is that they are not
uniquely relevant to a career as an entrepreneur. The skills needed to start your own business are
relevant in any field and would also be desirable attributes for being an employee. In fact, having
a wide range of business-relevant skills acquired through studying entrepreneurship would make
you an ideal candidate in most fields. Therefore, skills taught in entrepreneur courses generally
apply to all areas of industry and do not kill creativity or block opportunity to a specific career.
✓ Tap Into Unrealized Talents
Standard education programs ranging from elementary schools to universities are optimized to
reflect the “education for everyone” model. While the idea behind this movement is great and
essentially good, it doesn’t mean that it brings out the best in the students. Many students float
away from their talents because they are pushed to study maths, history, or the arts.
Learning entrepreneurship is very different from learning anything else. The very concept of the
program is to help the students identify their strengths and talents and to work on improving them.
In real-world examples, we can see many successful entrepreneurs who were very bad students in
their time. Both Mark Zuckerberg and Bill Gates are college dropouts and look at them now.
✓ Risk is Something to Live With
Another important lesson that entrepreneurship programs teach students is that risk is something
natural, something that we have to live with, and something that has to be managed. There is no
other school program that teaches this.
In fact, if we are being honest, most of us have been thought throughout our education that we
need to stay away from the risks and that certainty is the best path to take.
In the world of business, risk is a common occurrence. And to be able to succeed in it, you have to
work on your character traits – risk-taking and persistence. An entrepreneurship program fosters
these character traits. This is why it’s beneficial for students when they find themselves in a real-
life situation.

✓ Critical Thinking
The ability to think critically is essential to your success in the world of business. Unfortunately, it’s
not something that is being nurtured in the traditional schools. Why is this important? A company
is not something bound to run smoothly forever, especially today, when markets are more volatile
than ever. Not to mention the harsh competition.
Learning entrepreneurship exposes students to numerous opportunities to learn how to think
critically and analyze the pieces on the board. Being aware of all the important factors and seeing
how they affect each other is the foundation of a smart decision-making process.
This is not something that can be learned from a book. Students have to be exposed to real-world
examples and learn from their own experience.
✓ Benefits to Society
Moreover, skills associated with entrepreneurs, such as financial literacy, money management, and
strong interpersonal skills are not only beneficial but also relevant for day-to-day life. Nonetheless,
the benefits of entrepreneurship studies go beyond being purely personal; they’re also beneficial to
society. The economic benefits of entrepreneurs to society has never been in doubt. New enterprise
and entrepreneurial innovation are critical for any society to be globally competitive, with
technological advancements creating new jobs.
✓ Be Able to Make a Difference
The world has never been more in need of students who are trying to make a difference than it is
today. And this is the very definition of entrepreneurs. Yes, their goal is to sell products and services,
but this is just one piece of the entire puzzle. To become successful at it, they have to identify the
real needs and problems of people and solve them.
Even fresh out of the entrepreneurship education program, the students have this unique mindset:
find problems that need to be solved, invent a solution for them, and, ultimately, make the world a
better place.
✓ Preparedness for Real Life
As our education system becomes plagued with rigid testing and standards, opportunities to
innovate, collaborate and demonstrate proficiency in real life situations become rare. In addition to
encouraging people, entrepreneurship education requires students to be innovative, creative and
collaborative with others.
If our current society is to benefit from the benefits of entrepreneurship, it’s only fair that we equip
ourselves with the training to do so. On the flip side, the personal benefits of
studying entrepreneurship spread far beyond the business world leading to an arguably more
prosperous livelihood. It goes without saying that we as a society should be doing more to help
develop our entrepreneurial minds.

How do you find the article? Please share your thought …..
-
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
__
 What are important skills of an entrepreneur? Cite what you want to
share

To answer this question , go back to STATUS-

LIKE-SHARE corner of the module to fill
the SHARE box

LESSON 3 : Job Opportunities for Entrepreneurship As A Career.

lesson 1 helped you define entrepreneurship and enumerate the importance of the said course to

you and your community. Lesson 2 got your focus on the core skills or competencies that

entrepreneurship needs for success. Lesson 3 will help offer you opportunities of entrepreneurship

as a career. But, before we process please answer the Status -Like -Share corner to warm up your

understanding of the lesson.

.STATUS-LIKE-SHARE

INSTRUCTION: Answer the question in the green ribbon by filling-up the STATUS column on what
you know, and LIKE column on what you want to know. leave the SHARE column blank unless
you are told to do so.
 LIKE SHARE
STATUS
(What I want to know ) (What i Learned )
(What I know)
_________________________ ______________________ _______________________
_________________________ ______________________ _______________________
_____________ ___________________ ______________________
_________________________ ______________________ _______________________
_________________________ ______________________ _______________________
_____________ _________________ _____________________
_________________________ ______________________ _______________________
_________________________ ______________________ _______________________
_____________ __________________ _____________________

What are the opportunities of entrepreneurship as a career ?. cite at

least 5

CLOSE READING
INSTRUCTION: the reading materials below can help you process information about opportunities
of entrepreneurship as a career. answer the question in the dialogue box to strengthen your
compression in the lesson.

READING MATERIAL NO. 1 10 Jobs for an Entrepreneur

March 21, 2020

Entrepreneurs often have several jobs where they gain the necessary skills before actually beginning
their own companies. Common jobs for entrepreneurs include those in marketing, business
development and management. Entrepreneurs often pursue jobs in industries they want to start a
company in. In this article, we explain what an entrepreneur is, the skills entrepreneurs often need
to be successful and several jobs you can pursue to further your goal of becoming an entrepreneur.
What is an entrepreneur?
An entrepreneur is a person who starts and runs their own business. They may run a business that
is part of a franchise or create an entirely new company. These professionals may work as part of
a team or on an independent basis. Entrepreneurs accept the risks of owning and operating their
own businesses and rewards.
One draw to entrepreneurship is the flexibility and ability to be one's own manager.
Entrepreneurship is also an important part of the health of the economy due to its ability to introduce
new ideas and goods to the market.
Skills needed to be a successful entrepreneur
Entrepreneurs need a unique set of skills to be successful, including:
Time-management skills: Many entrepreneurs oversee multiple aspects of their business. From
project management to design to development, entrepreneurs often handle several tasks at once
and require strong time management skills to finish each duty.
Networking skills: Being an effective networker is one of the best ways to grow your business
opportunities, find high-quality employees and even secure partnerships. Plus, networking helps
advertise your business, which is key to increasing awareness and ultimately revenue.
Sales skills: Knowing how to effectively promote and secure sales is an important part of being an
entrepreneur. From knowing which sales channels to utilize to implementing sales funnels, sales
skills help entrepreneurs become profitable.
Communication skills: Entrepreneurs often need to communicate with various people including
contractors, employees, clients, investors and partners. Both written and verbal communication skills
are often necessary for entrepreneurs.
Finance skills: Entrepreneurs are often responsible for all financial aspects of their business. This
means they must possess strong finance skills that include financial reporting, financial analysis and
risk management skills.

Top 10 Jobs for entrepreneurs

JOB ANNUAL PRIMARY DUTIES
SALARY(NATIONAL
AVARAGE
1. Social media $44,692 per year responsible for overseeing the social media of
manager a company or brand. Create and implement
campaigns to increase the exposure of the
brand and interact with customers via social
media. provides valuable social media skills and
general marketing experience.

2. Public $59,540 per year oversee a company's public image.Managing

relations how the company is portrayed to the public,
manager communicating with media and completing
other tasks that involve promoting a positive
view of the business. Experience in a PR position
 can provide entrepreneurs with insight into how
to manage the public image of their own
company in the future
3. Appraiser $61,129 per year Real estate appraisers determine and report on
a property's value. prepare reports, fill out legal
paperwork and collect and analyze various data
as it relates to real estate. This position offers
great networking opportunities for
entrepreneurs among investors and agents and
provides experience in the valuation of property
and assets.

4. Financial $67,412 per year provide guidance to people who want to invest
advisor and grow their finances. assess their clients'
financial needs and make decisions on their
behalf to help them meet financial goals. can
equip aspiring entrepreneurs with
communication, problem-solving and financial
management skills,

5. Marketing $68,147 per year develop and oversee the execution of marketing
manager strategies for brands and businesses. primarily
concerned with how they can implement
marketing tactics to attract new clients and
retain current customers. Entrepreneurs often
have to develop strong marketing strategies to
advertise their businesses, so a job as a
marketing manager is a great way to gain
experience in professional marketing.
6. Web $75,459 per year create the design, layout and functionality of
developer websites. They use programming languages,
like HTML and CSS, to develop user-friendly web
pages based on the client's requirements.
Nearly every company relies on technology to
run and advance their business. Working as a
web developer can offer a chance to obtain
valuable technology skills that can translate into
your career as an entrepreneur
7. Sales $76,067 per year oversee sales teams and provide guidance to
manager ensure the team meets their sales goals. A sales
manager may also help set sales goals, analyze
sales data and trends and delegate various sales
tasks, such as assigning out certain sales
territories to team members. A position as a
 sales manager provides experience in
generating sales, setting and achieving goals
and managing a team.
8. Systems $80,941 per year responsible for assessing and meeting a
analyst company's software and other IT needs. They
may introduce new software or hardware
systems or find ways to improve upon a
company's current systems. This job provides
extensive IT experience and can help
entrepreneurs who plan on having computer
systems within their business.

9. Construction $81,787 per year oversee construction projects from start to

manager finish. They manage construction teams,
develop schedules and ensure the budget is
maintained. They also make sure that
construction workers meet all of the regulations
and that the project is completed according to
the designated timeline. This position can
provide valuable insight into management and
social skills for entrepreneurs.

10. Management $82,854 per year responsible for developing and implementing
analyst various procedures and systems to improve a
company's management and operations. They
may develop manuals, perform studies, collect
data and introduce new ways of performing
tasks to increase productivity within a
workplace. This job provides ample experience
in management, which is crucial for most
entrepreneurs.
 WHICH OF THE TOP 10 JOB DO YOU THINK YOU CAN BEST FIT? WHY?
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
______________________________________________________________________________

DO YOU THINK ITS POSSIBLE THAT EVEN AS STUDENT AS YOU ARE NOW ,
ENTREPRENEURRIAL SKILL CAN START TO DEVELOP? WHY?
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
______________________________________________________________________________

CAN YOU SHARE EXPERIENCES WHEN YOU TRIED THE SKILL OF ENTREPRENEUR?
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
______________________________________________________________________________
 READING MATERIAL NO 2. Eight Successful Filipino Entrepreneurs Who
Started Small
SOURCE : INQUIRER.net
BrandRoom - @inquirerdotnet
09:15 AM July 05, 2019
According to Chinese philosopher Lao Tzu, “The journey of a thousand miles begins
with a single footstep.”
All growth springs from the beginning. Major historical changes didn’t occur overnight—
What particular they happened in gradual stages, through slow, protracted movements. The same
attribute are applies in the world of business. It is said that the great entrepreneurs are the daring
common to the 8 ones, the constantly-changing movers—those who, despite humble beginnings,
successful persisted with grit, drive and guts, who trusted their inner voice against doubt, who
believed in their vision and strived to be better, and who decided to take a step, which
Filipino made all the difference.
entrepreneurs? Such are the stories of these eight individuals, all of them successful Filipino
______________ entrepreneurs. Equally visionary founders, these men and women followed a similar
______________ path: they started small, took risks, and eventually expanded their businesses.
______________ 1. Socorro Ramos – National Book Store
______________ Socorro Ramos entered the publishing and retail industry by working as a salesgirl at a
______________ bookstore. At the age of 19, she opened National Book Store in Escolta with her
husband with a capital of P200, selling books and school supplies to students. At that
______________ time, Manila was under the control of the Japanese, who imposed censorship on books
_________ and periodicals. To augment their earnings, she and her husband resorted to selling
other items like candles and soaps.
After the post-war boom proved profitable for the company, ushering in bigger
revenues, the Ramoses opened a nine-story building along Avenida. At 95, she still
believes in the time-honored tradition of “hands-on approach” in business. She even
designed the company’s logo herself.
What particular 2. Tony Tan Caktiong – Jollibee
experience are Tony Tan Caktiong used to operate an ice cream parlor, before converting it into a fast
common to the 8 food restaurant called Jollibee. With a starting capital of P350,000, the young Caktiong
successful opened two branches in Cubao and Quiapo, together with friends who supported his
Filipino idea.
entrepreneurs? Caktiong decided to serve hamburgers, fried chicken, and spaghetti to customers when
______________ they started looking beyond the usual ice cream. Eventually, the business grew, and he
had to hire more employees. By knowing the Filipino market, Jollibee managed to excel
______________ as a fast food powerhouse.
______________ 3. Edgar Sia – Mang Inasal
______________ Hailing from Iloilo City, Edgar Sia dropped out of college to pursue his own laundry and
______________ photo-developing business at the age of 19. In 2003, 26-year old Sia decided to open
______________ the barbecue fast food restaurant Mang Inasal—Ilonggo for “Mr. Barbecue.” The first
_________ branch was built at a mall parking lot in his home city.
The restaurant took off. When Tony Caktiong heard about Sia’s burgeoning business,
he decided to buy Mang Inasal for a total of P5 billion. Sia eventually put the sales of
Mang Inasal to other investments like banking and healthcare. At 42, he’s considered
the country’s youngest billionaire.
4. Cresida Tueres – Greenwich Pizza
In 1971, Cresida Tueres started Greenwich as a small over-the-counter pizza store in
Greenhills. Tueres had a knack for cooking. Her friends loved the food she served so
much that they decided to buy their own Greenwich franchise.
Impressed with Tueres’s business acumen and the growth of Greenwich, Jollibee Foods
Corporation obtained a deal in 1994 to acquire 80% of Greenwich’s shareholding. Since
then, the pizza parlor branched out to include other dishes in its menu. In 1997,
Greenwich had a record sale of P1 billion.
 CONTINUATION… Eight Successful Filipino

5. Milagros, Clarita, and Doris Leelin – Goldilocks

With only two cake displays and ten employees, Milagros,
How do you think the 8 successful
Clarita, and Doris Leelin started Goldilocks at a 70-sq-m
Filipino entrepreneurs reach
building space in Makati. Sisters Milagros and Clarita loved
success ? baking and decided to pursue their passion into business.
____________________________ With the help of their sister-in-law Doris, the Leelins
____________________________ opened their first branch.
____________________________ In 1991, Goldilocks launched its franchising program. As
_________ of 2015, the bakeshop chain had almost 400 stores across
the country, with other branches in the USA, Canada, and
Southeast Asia. From a modest capital of P66,000,
Goldilocks is now a multi-million food enterprise with
more than 4,000 employees.
6. Joe Magsaysay – Potato Corner
Of the 8 successful Filipino The young Magsaysay left school to bust tables, wash
entrepreneurs who do you plates, and work on the cash register at a fast food chain.
considered most successful ? In a few years, he became a manager, handling five
stores.
why?
With his background and skills in store management,
________________________
Magsaysay’s friends asked him to handle Potato Corner,
________________________
of which he was a co-founder. They pooled their money
________________________
together and started the food cart business in 1992,
________________________ offering franchises left and right. Today, Potato Corner
________________________ has more than 550 stalls in the Philippines and around the
________________________ world.
________________________ 7. Asiang Reyes – The Aristocrat
________________________ In the 1930s, Asiang Reyes started The Aristocrat as a
________________________ mobile canteen in Luneta, serving sandwiches filled with
________________________ adobo and other Filipino viands. Hotdog trucks were in
________________________ vogue at that time. Reyes created her own version of
________________________ merienda for park-goers.
_______ Reyes was supposed to name the canteen “Andy” after
her eldest son, but changed it to Aristocrat instead. The
canteen prospered, and Reyes and her husband decided
to turn it into a full-time restaurant.
8. Araceli and Jun Manas – Hen Lin
Using the recipes they learned from a Chinese chef and a
capital of P30,000, Araceli and Jun Manas started Hen Lin
in 1983. Jun worked for an insurance firm while his wife
Araceli worked in a bank. The couple had to learn the
intricacies of the business themselves. At night, they
practiced making siomai or dumplings.
The Manas couple opened the first Hen Lin store in SM
Makati, which was well received for its delicious dim sum
offerings. 30 years on, Hen Lin is popular in many malls,
offering various products such as hopia, noodles, congee,
rice toppings, and breakfast food.
 PERFORMACE TASK NO. 5. You’re my LODI!
Instruction: search for an inspiring entrepreneur local or international. you
may surf from the internet, paste the picture of successful that you have
chosen and write a description of his business, his affiliation, his greatest
contribution to the economy, and why you consider the person an inspiring
entrepreneur.

Paste picture of inspiring

entrepreneurs

You’re my LODI!
An inspiring entrepreneur
Source : _________________

Name of entrepreneur ____________________________________________

Description
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What are the opportunities of entrepreneurship as a career ?. cite at least

5
 To answer this question , go back to STATUS-
LIKE-SHARE corner of the module to fill
the SHARE box
MODULE ENDER

Lets review how far you have learned from the module. Fill in the dialogue box with your
answer.

I can be an entrepreneur …..

Essential question: ________________________________
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How can I be an
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entrepreneur?
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MY EMOJI TODAY ________
INSTRUCTION: check the dialogue box of the emoji that correspond your answer in the question:
HOW DO YOU FIND entrepreneurship AS A COURSE?

EXCITED ANGRY SAD

HAPPY