Job Description

Lesson 2
 p ren e u rs h ip o r
Entre
E mp l oy m e n t ?
🠶Entrepreneurship and employment are two
different career paths that a person can choose
depending on his or her personal aspirations and
work characteristics.
🠶It is really up to the person at the end of the day on
what career trail he or she will follow, considering
all compelling career factors that are important to
him or her.
Job Opportunities
🠶Employment opportunities remain to be elusive
among Filipinos. The industries in the economic zones
and other urban centers could not accommodate the
growing employable people.
🠶Entrepreneurship consist of vast career options
depending on the passion and field of interest of the
entrepreneur.
1. Mid-level management
At big companies, the C-level folks develop ideas,
the ground
Aaron Loeb
force does the work, and mid-level
management converts the idea into execution.

Graduates with entrepreneurial degrees are well

suited for this opportunity.
* C level is a term used to describe high-ranking executive
titles in an organization (c for chief)
2. Business Consultant
Businesses today need consultants who can go to a
client site,
Aaron Loeb
identify problems and fix them. That is what an
entrepreneur does, and that is why this job is a perfect
opportunity.

3. Sales
Entrepreneurship graduates can work in sales or run
the department of any businesses.
4. Research and Development
A good qualification to work in R & D is a training
and education on understanding of business concepts,
Aaron Loeb

procedures, and practice entrepreneurship.

5. Non-profit fundraiser
Being able to raise funds requires understanding the
importance of business and networking relationships.
6. Teacher
Those with entrepreneurship degree are qualified to
teach the core subjects in Senior High School and teach
Aaron Loeb

students the entrepreneurial skills.

7. Recruiter
Companies who use recruiters rely upon someone
who is not just people- savvy, but also one who has an in-
depth business sense as well.
8. Aaron
Business
Loeb reporter
Entrepreneurship graduates can write articles or pick
up a quick class to learn how to write an article. They can
take a prime position to take lead in covering a local
business beat.
Lee Gutkind

Types of
Entrepreneurs
 ative ent re p re n e u rs
1. I n n ov
These entrepreneurs have the ability to think
newer, better, and more economical ideas of
business organization and management. They are the
business leaders and contributors to the economic
development of a country.
 Characteristics of Innovative
Intrepreneur
1. They’re obsessive note-takers
2. They preach perfection, but practice progress.
3. They don’t wait for things to break
4. They embrace paradoxical thinking
5. They constantly look for patterns
6. They’re allied with their fear
7. They’re brilliantly lazy
 atin g e nt re p ren e u rs
2 . I m it
These are entrepreneurs who follow the path
shown by innovative entrepreneurs.
Example: Xiaomi and Apple
It was in 2014 when Jony Ive, chief design officer of global technology
titan Apple, used the word “theft” to describe what Xiaomi was good at.
China’s Xiaomi is commonly the target of folks who believe it’s good at
copying rival Apple. When it comes to Mi smartphones. It’s a question
that’s been posed directly to Xiaomi co-founder and president, Bin Lin.
Lin and others in the company insist there are differences, despite a
user interface that is remarkably similar to Apple’s. Today the Chinese
smartphone maker is worth more than $45 billion, and is the fifth
largest in the global industry.
 Characteristics of Imitating
Intrepreneur
🠶They take risks when copying a certain business model.
🠶To avoid failure, imitators research more on the existing
business.
🠶They focus on developing an unexplored path of a
successful business.
🠶They have the ability to compete to gain market position.
 e nt rep ren e u rs
3. Fabian
These types of entrepreneurs are skeptical
about the changes to be made in the organization.
The Fabian entrepreneur is timid and cautious.
He imitates other innovations only if he is certain that
failure to do so may damage business.
Example: An example of a Fabian entrepreneur
is Tom Anderson who is a second-generation
entrepreneur and does not want to take the risk. He
prefers a stable business. Another example is Kongo
Gumi, a 40th generation Fabian Entrepreneur in
Osaka, Japan
 n e e nt re p re n e u rs
4. Dro
Drone is “a person who lives on the labor of
others.”
His entrepreneurial activity may be restricted
to just one or two innovations. He refuses to adopt
changes in production even at the risk of reduced
returns.
 n e e nt re p re n e u rs
4. Dro
Drone entrepreneurs are those individuals
who are satisfied with the existing mode and speed
of business activity and show no inclination in
gaining market leadership.
Example: Borancchini’s Bakery is an example of
drone entrepreneurship since it cannot adapt to
changes and like to follow old-fashioned business
practices.
 i a l ent re p re n e u rs
5. S o c
Social entrepreneurs drive social innovation and
transformation in various fields including education, health,
human rights, workers’ rights, environment and enterprise
development.
Social entrepreneurship is the process by which individuals,
startups and entrepreneurs develop and fund solutions that
directly address social issues.
 Types of Social Intrepreneur
1. Corporate social 6. Eco-friendly business
responsibility (CSR) 7. Green movement tree
2. Community project plantation
3. Social enterprise 8. Care for nature and humanity
4. Co-operative (co-op) 9. Non- profit organization
5. Ngo 10. Educational program
Lee Gutkind

Profile of Successful
Entrepreneur
🠶Successful people in the field of business are
creators of things with difference. They are no
ordinary Juan dela Cruz who we can be seen around
the corner.
 Most successful entrepreneurs are described to possess the
following profile:

1. The entrepreneur has strong desire for independence.

2. The entrepreneur develops strong drive to succeed.
3. The entrepreneur has strong determination in decision
making.
4. The entrepreneur develops feedback mechanism for
results.
5. The entrepreneur is a results-driven individual.
Lee Gutkind

Career in
Entrepreneurship
🠶Entrepreneurship consist of vast career options
depending on the passion and field of interest of the
entrepreneur.
🠶The saying “When you love what you do, its as if you are
not working” is very much applicable to entrepreneurs
who consider managing their business as enjoyment
rather than working exhaustively.
 List of most common small business in the
Philippines
1. Sari- sari store 6. Street food
2. Rice retailing 7. Flea market or tiangge
3. Food cart business 8. Online selling
4. Printing business 9. Cellphone loading
5. Buy-and-sell 10. Laundry and dry cleaning
11. Hair styling and make-up 16. Web site development and
12. Spa, gym, and nail care design/blogging
17. Direct selling
13. Video and photography
18. Car wash and car care
14. Tutorial
19. Bar, café, and restaurant
15. Baking business
20. Water station
 No successful business started huge right away.
A business starts with an idea. Once the business is
established, the business owner, the entrepreneur can
choose to expand and explore franchising.
*Franchising – is a business arrangement wherein the
franchisor, who is the owner of the business, acquires
distribution centers through the franchisees or the
affiliated dealers.