Week 1

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1
13 Entrepreneurial Competencies (ISPICCESPSAPU)
⮚ Initiative
⮚ Sees and act on opportunities
⮚ Persistence
⮚ Information Seeking
⮚ Concern for work quality
⮚ Commitment to work contract
⮚ Efficiency Orientation
⮚ Systematic Planning
⮚ Problem Solving
⮚ Self-Confidence
⮚ Assertiveness
⮚ Persuasion
⮚ Use of Influence Strategies
2
The entrepreneur should be able to take actions that go beyond his job requirements and to act faster. He is always ahead of others and able to become a leader in the field of business.
Intiative
3
An entrepreneur always looks for and takes action on opportunities.
Sees and act on opportunities
4
An entrepreneur is able to make repeated efforts or to take different actions to overcome an obstacle that get in the way of reaching goals.
Persistence
5
An entrepreneur is able to take action on how to seek information to help achieve business objectives or clarify business problems.
Information Seeking
6
An entrepreneur acts to do things that meet certain standards of excellence which gives him greater satisfaction.
Concern for High Quality of Work
7
An entrepreneur places the highest priority on getting a job completed.
Commitment to Work Contract
8
A successful entrepreneur always finds ways to do things faster or with fewer resources or at a lower cost.
Efficiency Orientation
9
An entrepreneur develops and uses logical, step-by- step plans to reach goals.
Systematic Planning
10
Successful entrepreneur identifies new and potentially unique ideas to achieve his goals.
Problem Solving
11
A successful entrepreneur has a strong belief in self and own abilities.
Self-Confidence
12
An entrepreneur confronts problems and issues with others directly.
Assertiveness
13
An entrepreneur can successfully persuade or influence others for mobilizing resources, obtaining inputs, organizing productions and selling his products or services.
Persuasion
14
An entrepreneur is able to make use of influential people to reach his business goals.
Use of Influence Strategies
15
5 Characteristics of Entrepreneur (AECDP)
1. Ambition
2. Enthusiasm
3. Creativity
4. Decision Making
5. Perseverance
16
A successful businessman is motivated to make something out of himself.
Ambition
17
Also going hand in hand with determination, passion plays a big part in inspiring the entrepreneur.
Enthusiasm
18
You can rely on imagination to help you out when problems occur.
Creativity
19
Entrepreneurs call in all the actions needed. Although their imagination makes them men of ideas, that will make them men of action is their ability to make decisions.
Decision Making
20
Maybe the most significant of all entrepreneurs' characteristics is their ability to withstand the troubles that come with starting a company.
Perseverance
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