Ia - Carpentry-Entrepreneurship
Ia - Carpentry-Entrepreneurship
INDUSTRIAL ARTS:
CARPENTRY
(ENTREPRENEURSHIP)
Learner’s Material
Department of Education
Republic of the Philippines
Technology & Livelihood Education – Grade 9
Industrial Arts: Carpentry - (Entrepreneurship)
Learner’s Material
First Edition, 2014
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ENTREPRENEURSHIP
WHAT TO KNOW
1. Hard work: A lot of time and energy is necessary for the success of your
business. If you are determined to run your own business, you must
concentrate more on your work either as a producer or as a seller.
2. Self- Confidence: You must have strong faith in your ability despite the
problems that you will encounter along the way.
3. Future-Oriented: Once you enter in a line of business, you must
understand that you are in a non-stop contract that an entrepreneur should
understand. It may take several years to build up a business to a
reasonable standard. The goal for most successful business people is to
build a secure job and stable income for themselves based on their own
ability.
4. Profit-Oriented: When you enter into the world of business, obviously, you
are looking for income because you know that this will be your bread and
butter not only for you but also for your family. Therefore, you must see to it
that the business can generate income. Another plan of action is to expand
your own business through the use of your generated income.
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10. Willing to Listen: Take time to listen to the advice, suggestions, and
recommendations of fellow entrepreneurs. It will help your business grow.
11. Set your Own Standards: This involves developing and using logical, step-
by-step plans to reach the goals, or offering evaluation alternatives,
monitoring progress, and switching to successful strategies for the goal you
want to achieve. To be a successful entrepreneur you must take into
consideration that sales and production depend on your own standards.
13. Committed: You should know that in your business, personal needs,
attachment to your friends, families and relatives are set aside. You must
separate the money for your business from the amount that you need to
spend for your personal obligations and your lifestyle.
15. Reliable and has Integrity: As an entrepreneur, you must build a good
reputation, possess the courage to do the right thing, do what you say, walk
your talk, be loyal, and be fair in dealing with the subordinates and
customers.
WHAT TO PROCESS
DIRECTIONS: Choose from the list below the characteristics and traits that best
describe your own personal entrepreneurial characteristics. Find ways on how to
align them according to the personal entrepreneurial characteristics of an
entrepreneur which were discussed earlier. Write your answers in the activity
sheet provided.
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Creative Resourceful Persistent Organized
Example: My PECs
Try to design a concept map that indicates your traits, characteristics and
skills that you need to possess in order to become a successful entrepreneur.
Directions: At the center of the street are arrows where positive and negative
characteristics and traits are written. Pick the positive PECs that you
are already strong at, and write them down on the blank arrows on
the left side. PECs written on the arrows at the right side are the
negative characteristics that need to further improved.
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WHAT TO REFLECT ON AND UNDERSTAND
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ACTIVITY 1: MY TECHNIQUES TO STRENGTHEN MY PECS
DIRECTIONS: From the given chart below, write at least six techniques on how you
would strengthen your own PECs. Write the PECs that you feel that
you still need to strengthen.
Example:
Self-confidence
WHAT TO TRANSFER
CULMINATING ACTIVITY
DIRECTIONS: Examine yourself once again. Make a short list of PECs that you
need to strengthen. From this activity, prepare an action plan that requires further
development. You may opt to follow the suggested format below. You may improve
or change it as long as it suits your own plan of action.
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SAMPLE ACTION PLAN
Measures Reward/
of Actions Recognit
Focus Current Time
Success Require ion
Area Situation Goal Frame
d
My PECs I need to -To -Achieve -Selling -During -Earns
develop my exercise 100% finished culminati expected
undefined my own completion products ng income
characteris PECs of derived activities -
-tics during developme from -After Outstandi
necessary selling and nt of my culminati learning ng
for my producing own PECs ng the performan
business. products/ through activities principles ce in
such as: services selling and in any of , selling
Furniture -To production chosen theories, and
and Sash become of career. processes promoting
factory. proficient products, - and of products
in my proper Particip any and
chosen manner ate chosen services.
skill. when in skills career.
dealing competiti
with on
people. sponsore
d by
NGO,
and GO
POST ASSESSMENT
MATCHING TYPE
Column A Column B
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9. Reliable and has integrity from others.
10. Risk-taker g. Being patient and strives to achieve
the goal.
h. Ability to take measured or calculated
risks.
i. Being honest, fair and trustworthy.
j. A major priority in the entrepreneur’s
life.
k. Set aside things from the others
MULTIPLE CHOICE
Mr. Antonio Cinco opens up his own furniture and sash factory
business. He knows that his personal entrepreneurial characteristics are
insufficient to ensure a successful operation of the business that he has in
mind. Your answers to the questions below will help him in developing his
PECs.
1. What PECs must he possess if there are customers who complain about the
quality of his product?
A. Hardworking C. Trustworthy
B. Patience D. Versatile
5. He tells his best friend that he has strong will and does not give up finding a
solution to a business problem. What PEC has been demonstrated by Mr. Cinco?
A. Hard work C. Risk taking
B. Persistence D. Self-confidence
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ENVIRONMENT AND MARKET
WHAT TO KNOW
Everyone has his or her own needs and wants. However, people have
different concepts of needs and wants. Needs in business are important things that
every individual cannot do without in a society.
These include:
1. Basic commodities for consumption,
2. Clothing and other personal belongings,
3. Shelter, sanitation and health, and
4. Education and relaxation.
Basic needs are essential to every individual so he/she may be able to live
with dignity and pride in the community. Focusing on these needs can help
generate business ideas.
Wants are desires, luxury and extravagance that signify wealth and an
expensive way of living. Wants or desires are considered over and above the basic
necessities of life. Some examples are fashion accessories, designer shoes and
clothes; traveling around the world; eating in an exclusive restaurant; watching
movies, concerts and plays; having luxurious cars; wearing expensive jewelry and
perfume; living in impressive homes; and others.
Needs and wants of people are the basic indicators of the kind of business
that you may engage into because some other points that you might consider in
business undertakings are the kind of people, their needs, wants, lifestyle, culture
and tradition, and social orientation.
Here are some ways by which you may generate possible ideas for business.
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six months. Only by that time will the entrepreneur could think of electrically-
powered or generated business such as photocopier, computer service and digital
printing.
Once you have embarked on identifying the business opportunities, you will
eventually see that there are many possibilities that are available for you. It is very
unlikely that you will have enough resources to pursue all of them at once. Which
one will you choose?
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You have to select the most promising one from among hundred and one
ideas. It will be good to do these in stages. In the first stage, you screen your ideas
to narrow them down to about five choices. In the next stage, trim down the five
choices to two options. In the final stage, choose between the two and decide
which business idea worth pursuing.
In screening your ideas, examine each one in terms of the following factors:
ENVIRONMENTAL SCANNING
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WHAT TO PROCESS
In generating business ideas, you should first identify what type of business
is suited to your business idea. You should analyze and scan the potential
environment, study the marketing practices and strategies of your competitors,
analyze the Strengths, Weaknesses, Opportunities, and the Threats (SWOT) in
your environment to ensure that the products/goods and services you are planning
to offer will be patronized within the easy reach by your target markets/consumers.
People keep on searching for new things, new trends, and new issues.
For this reason, an entrepreneur must quickly respond.
As generations come and go, another set of new trends will come or will
exist. In order to adapt to the rapid changes in the business environment, the
existing industries need to improve their products and services. But how can you
generate business ideas with those strong competitors? There are three main sets
of decisions that you need to make - what to produce, how to produce, and how to
share or sell out the product to the market.
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Age Bracket Population Needs Wants
Example: 35 Toys, coloring books, Wooden toys, glossy
pajama coloring books,
5 years old and fashionable pajama
below
6- 10 years old
11-15 years old
16-20 years old
21-25 years old
26-35 years old
35-45 years old
46-55 years old
56-65 years old
66 and above
Directions: After filling out the chart above, try to list down all the probable
business opportunities which you may wish to venture in. Remember to consider
the ideas and suggestions discussed in Lesson 3. Use the suggested matrix below
to indicate your choice. Write your answers in your notebook.
WHAT TO TRANSFER
Now that, you have all the information, are you ready to test your ability to
generate your own business idea? If your answer is yes, start studying the sample
vicinity map of a community with a population of two thousand people. A new
housing project will be constructed adjacent to Daang Hari St, close to Old Molino
St., its main road. This housing project targets the homeowners who are young
couples with two kids.
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In this activity, you need to answer the questions that may lead to the
generation of a probable business. Your answers to these questions will
serve as the bases in formulating your own business ideas.
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POST-ASSESSMENT
ENVIRONMENT AND MARKET
MULTIPLE CHOICE
DIRECTIONS: Select the letter of the best answer. Write your answers in your
activity notebook.
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