ENTREP: entrepreneur, entrepreneurship, entrepreneurialism
ANDREW CARNEGIE
- American steel industry in the late 19th century - Industrialist and philanthropist
NINA ELLAINE DIZON
CEO of Collourette Cosmetics
revenue
consists all income before costs
"NOW" oriented
entrepreneur: future oriented ; manager: ____________________
expertise
Entrepreneurs apply their _____________________
managers
Entrepreneurs are _________________
profit
Entrepreneurs are not necessarily motivated by _____________ but regard it as a standard for measuring achievement or success.
money ; people ; business model ; strategy
Entrepreneurs assemble and then integrate all the resources needed - the ______________, the _____________, the ___________________, the ______________ - to transform an invention or an idea into a viable business.
innovation
Entrepreneurs brings _____________________
RICHARD CHARLES NICHOLAS BRANSON
Is an English business magnate and founded virgin
Tony Tan Caktiong
Owner of the fast-food restaurant Jollibee
goods ; services
Products can either be ______________ or ________________
ENTREPRENEURIAL
it is the approach
mañana habit
mamaya na habit
profit
regard it as a standard for measuring achievement or success.
Steve Jobs
the CEO of Apple
cost
the expense you have used to create your product
Jeff Bezos
the founder and CEO of Amazon.
Elon Musk
the founder and CEO of aerospace manufacturer SpaceX.
Jack Ma
the founder of the E-commerce giant Alibaba
Jerry Yang
the founder of the website yahoo.com
1. Desire to be their own boss 2. Desire to pursue their own ideas 3. Financial rewards
the three primary reasons that people become entrepreneurs and start their own firms.
1,200
there are over how many Jollibee stores worldwide?
medium risk
these are calculated risk
Entrepreneur
they are nuts, crazy
Entrepreneur
they have tenacity attitude, not compliant
cash management
this is how you try to circulate/manage the flow of cash
Financial statements
you will see here whether your company gains or losses money.
Eric Barone
Developer of Stardew Valley
entreprendre ; to undertake
Entrepreneurship derived from the French ________________, meaning "__________________"
1. Pakikipagkapwa-tao (HUMAN RELATIONS) 2. Filipinos uphold value of Self-esteem & Good Public image 3. Filipinos are generally ADVENTUROUS 4. Filipinos by nature are COURAGEOUS 5. FILIPINOS ARE NOTED FOR THEIR ABILITY TO WITHSTAND CRISIS
Filipino cultures & values which may boost or hamper Entrepreneurism/Entrepreneurialism (5)
Larry Page
Google co-founder, CEO from 1996-2001 and again in 2011-2015
Jack Ma
He applied 10x in Harvard but got rejected every single time.
Elon Musk
He came up with an idea for a "Mars Oasis" spacecraft
Jack Ma
He started a daughter company Taobao with an intention to become a direct competitor of eBay.
ice cream ; hamburgers ; fried chicken ; spaghetti
Jollibee history Caktiong just started out in selling ________________ in Cubao and Quiapo, until they decided to serve ____________, _______________, and _____________.
Felix Kjellberg
Youtuber known as Pewdipie
alienation
_________________ drives entrepreneurial pursuits
Entrepreneur
is someone who can make something out of nothing
entrepreneurship
is the art of turning an idea into business
profit
is what remains of income after costs
ENTREPRENEURSHIP
is what the entrepreneur actually does
entrepreneurial process
is where the venturers are engaged in
Macro view
- The Financial/Capital School of Thought Based on the capital-seeking process - the search for seed and growth capital.
yourself
ADVANTAGES OF BECOMING AN ENTREPRENEURS Have the opportunity of knowing ___________________ better
well-off
ADVANTAGES OF BECOMING AN ENTREPRENEURS Have the opportunity to be financially ____________________
destiny
ADVANTAGES OF BECOMING AN ENTREPRENEURS Have the opportunity to create your own _______________
excel
ADVANTAGES OF BECOMING AN ENTREPRENEURS have the opportunity to _______________, be recognized and contribute to society
PAUL POLMAN
The CEO of Unilever, from 2009 to 2019
Elon Musk
creator of Paypal
achieve ("invasion")
entrepreneur: ________________ ; manager: attain targets
micro view
factors that are specific to entrepreneurship
Steve Jobs
he launched NeXT Computer co. and develop another company which is the Pixar Animation Studios
Jeff Bezos
he owns a rocket company 'Blue Origin' and 'Washington Post' newspaper
1. Greenwich 2. Chowking 3. Red Ribbon 4. Mang Inasal 5. Burger King 6. Dunkin' Donuts 7. Hard Rock Cafe
7 other stores that Jollibee acquired
GARY VAYNERCHUCK
Belarus American
Elon Musk
CEO of electric car manufacturer Tesla, Inc.
self-reliance
CHARACTERISTICS OF AN ENTREPRENEUR They greatly value ________________
medium risk
CHARACTERISTICS OF AN ENTREPRENEUR always favor challenges of ____________________________
optimistic
CHARACTERISTICS OF AN ENTREPRENEUR highly _____________
excellence
CHARACTERISTICS OF AN ENTREPRENEUR strive for distinction through _________________
MONEY abd LUCK
COMMON MYTHS ABOUT ENTREPRENEURS All entrepreneurs need is ____________________
doers
COMMON MYTHS ABOUT ENTREPRENEURS Entrepreneurs are ___________, not thinkers
born
COMMON MYTHS ABOUT ENTREPRENEURS Entrepreneurs are ______________, not made
academic
COMMON MYTHS ABOUT ENTREPRENEURS Entrepreneurs are _______________ and social misfits
investors
COMMON MYTHS ABOUT ENTREPRENEURS Entrepreneurs are always __________________
profile
COMMON MYTHS ABOUT ENTREPRENEURS Entrepreneurs must fit the "______________"
chaotic
COMMON MYTHS ABOUT ENTREPRENEURS Entrepreneurship is unstructured and ________________
risk takers
COMMON MYTHS ABOUT ENTREPRENEURS entrepreneurs are extreme ____________________
fail
COMMON MYTHS ABOUT ENTREPRENEURS most entrepreneurial initiatives ____________
bantay bata 163
CSR program of ABS CBN
SOCCORO CANCIO RAMOS
Chairman and founder of National Bookstore
JOSE MAGSAYSAY
Co-founder and CEO of potato corner
WALTER ELIAS DISNEY
Co-founder of Walt Disney Productions
problem-finder
Entrepreneur : _____________ ; manager : problem - solver
takes risks
Entrepreneur : _______________ ; manager : seeks stability
custodian
Entrepreneur : creator ; Manager : _________________
pre-active
Entrepreneur : pro-active ; Manager : ________________
congruent
Entrepreneur sees vision that is not necessarily _____________ to what the rest of the world sees.
merely committed
Entrepreneur: personally committed ; manager: _____________________
wealth
Entrepreneurs create new ____________ and generate value
ventures
Entrepreneurs establish new _________________ and develops the existing ones
failure
Entrepreneurs have no fear of _________________
opportunities
Entrepreneurs identify ____________________ in the market
investment return
Entrepreneurs maximize _____________________________
ventures
Entrepreneurs own ______________
market information
Entrepreneurs process __________________________________
Market
Entrepreneurs provide ________________ efficiency
leadership
Entrepreneurs provide __________________
risks
Entrepreneurs take and accept _____________
Elon Musk
He wants to launch people to Mars, establish a self-sustaining city there
Entrepreneur
Is someone who exercise initiative by organizing a venture to take benefit of an opportunity and as the decision maker, decides what, how and how much of a good or service will be produced.
1) Extreme personalism 2) Extreme family-centeredness 3) Lack of Discipline 4) Passivity & lack of initiative 5) Colonial mentality 6) Kanya-kanya syndrome 7) Lack of self-analysis & self-reflection
STILL OTHER GOOD TRAITS & VALUES THAT FILIPINOS MUST STRENGTHEN (7)
Christian Cheng
Secret Fresh owner
Apollo or Paolo Tomenes
Signified as "Ukay King"
1. political displacement 2. cultural displacement 3. economic displacement
· The Displacement School of Thought what are the three displacements in macro view
micro view
· The Entrepreneurial Trait School of Thought Focuses on identifying traits common to successful entrepreneurs. - replicating means success.
micro view
· The Entrepreneurial Trait School of Thought Focuses on the nurturing and support that exists within the home atmosphere.
Macro view
· The Environmental School of Thought Considers the external factors that affect a potential entrepreneur's lifestyle.
Macro view
· The Environmental School of Thought Institutions, values, morals that mold entrepreneurship