Successful Entrepreneurs

1. Nonoy & Ben Colayco (Online Gaming - Level Up)









2.Peter Valdes (software development - Vinta Systems)









3.Dennis Mendiola (Wireless Technology - Chikka Asia









4.Diosdado Banatao (Computer Chips - Mostron and S3)








5.Manny Pangilinan (Telecommunications - First Pacific, PLDT)

:'(

bakit d ako makapagtest sa quizstar????!!!!!!!! kawawa naman ako... :(( wala ako grade...first online quiz pa nmn un...huhuhu...d ata ako na-approve...wat gagawin ko?!? patay na...baka bagsak ako dito ;[ hala........ <?> dunno wat to do??d talaga makapagtest kahit anu pilit ko...ayayayay...

Can You Apply It Now? page 20

Identify the entrepreneurial characteristics that helped Carla succeed in her business.

►courage
►creativity
►self-control
►strong desire to achieve
►commitment
►decision making skills
►ability to learn from past failures

Can You Understand? page 15

1. Evaluate the different entrepreneurial characteristics under PECs. How does applying similar characteristics help us succeed in other areas of life ? Explain your answer by giving examples.
~answer~


►Vigilance for Opportunities◄
When an entrepreneur sees an opportunity for business, he is quick to take it. Entrepreneurship is a competitive field, and he is always onthe lookout for chances to improve his position.
╬examples╬
* Does things before asked or forced to by events
* Acts to extend the business into new areas, products or services
* Seizes unusual opportunities to start a new business, obtain financing, equipment, land work space or assistance


►Commitment to Work Contract◄
An entrepreneur always delivers his promise promptly. He values his reputation for depandability and   will do everything not to back out on a commitment.

╬examples╬

* Makes a personal sacrifice or expends extraordinary effort to complete a job
* Pitches in with workers or in their place to get a job done
* Strives to keep customers satisfied and places long term good will over short term gain

►Persistence◄
An entrepreneur doesn't let setbacks lead to failure. He is so commited  to his goal that he finds ways to overcome obstacles and accomplish his tasks he set for himself.

╬examples╬

* Takes action in the face of a significant obstacle
* Takes repeated actions or switches to an alternative strategy to meet a challenge or overcome an obstacle
* Takes personal responsibility for the performance necessary to achieve goals and objectives

►Willingness to Take Risks◄
An entrepreneur knows that business involves taking risks. It is when one takes his chances with a new venture that better products and services are discovered.

╬examples╬

*Risks are necessary to make changes happen and there will always be both personal risk, risk to followers as well as to the organization or group involved.

►Demand for Efficiency and Quality◄
A true entrpreneur doesn't  settle for any thing but the best. He also insists that items of excellent quality be done at the soonest time possible. This increases his productivity and sets him apart from the competition.

╬examples╬

* Finds ways to do things better, faster, or cheaper
* Acts to do things that meet or exceed standards of excellence
* Develops or uses procedures to ensure work is completed on time or that work meets agreed upon standards of quality

►Goal Setting◄
Setting goals gives the entrepreneur a sense of purpose. It inspires hi  to make definite palns and to follow those plans with concrete action.

╬examples╬

* Sets goals and objectives that are personally meaningful and challenging
* Articulates clear and specific long range goals
* Sets measurable short term objectives

►Information Seeking◄
An entrepreneur is always searchin for new information related to his business. he uses these information to improve his services, satisfy his costumers, and be head of his competitors.

╬examples╬

* Personally seeks information from clients, suppliers or competitors
* Does personal research on how to provide a product or service
* Consults experts for business or technical advice

►Systematic Planning and Monitoring◄
The success of an entrepreneur relies greatly on his ability to make detailed plans before starting out on a new venture. He couples this with careful evaluation to be aware of his progress every step of the way.

╬examples╬

* Plans by breaking large tasks down into time-constrained sub-tasks
* Revises plans in light of feedback on performance or changing circumstances
* Keeps financial records and uses them to make business decisions

►Persuasion and Networking◄
An entrepreneur with a good product or service to offer is able to promote it convincingly. In addition, satisfied customers will help him promote the business through word of mouth.

╬examples╬

* Uses deliberate strategies to influence or persuade others
* Uses key people as agents to accomplish own objectives
* Acts to develop and maintain business contracts

►Self Confidence◄
An entrepreneur shows confidence in his business because he knows he has done and is doing his best to give his client the est value for their patronage. 

╬examples╬

*A person can have high self-confidence in one 

situation and totally lack in another

*Self-confidence, however, is not a personal trait that either you
have or you don't.

2. Explain how having the Personal Entrepreneurial Competencies can help you become a successful entrepreneur.
~answer~


Having PECs can help the entrepreneurs to be successful.For example, the main objective of a business owner is 'to do work that I enjoy', then it makes little sense to persuade them with varying advice, grants or 
(government) programs to develop the competencies that are necessary for  growing 
their business. He or she will probably not be really motivated to grow their business.

kanina lang :))

aissh...sa wakas na elect dn as officer kht sa pehm lan...hahaha.. XD
pumunta kami sa royal nung uwian...haha,, ..pinagtripan ako sa rum kanina.. ;D
sabi kapag daw ngumiti ako ano..ganun ..!haha...tapus ang saya nung activity sa sci tech ..haha.. naka 13 pts pa,,pero nung 1st round,, zero!hahahaha...

naligo lang sa rain XD ~!

..whoaw..umulan pa aninang uwian >.< nbsa tuloy palda ko..as in buong uni4m pla..hahaa,,
..nung nakapunta na sa service la pa pla c kebong..,balik tuloy uli kmi,, kala nmin la xa payung,meun pala...hahaa,
..a wet day para samin ni ate memer  :))

Enrichment Activity page 10

If I were an entrepreneur, I would be in the computer-renting business because many of the students in the present always needs a research for their projects, assignments etc. And not all of us can buy computers or laptops so I want to build a computer shop that is to be rented with an affordable price. In this business, I can help students, and at the same time, I'm earning money.

^^

..wewss...
..nakakakaba knina sa sci tech.. ,nanginginig tuhod ko habang kumakanta...
..peru aus lng...at least naka 20..haha ~!
..currently doing my ass.. XD

Homework # 3

Personal Entrepreneurial Competencies (PECs) 

For reference, I'm posting here the ten Personal Entrepreneurial Competencies (PECs) which seems to be used in the Business Technology/Entrepreneurship programs of the Technology and Livelihood Education (T.L.E.) subject.

The original research by McClelland and McBer identified 14 PECs; the EMPRETEC [a UN program for small businesses; from the Spanish words emprendedores (entrepreneurs) and tecnología (technology)] clustered these into just 10:

Achievement Cluster
I. Opportunity Seeking and Initiative
* Does things before asked or forced to by events
* Acts to extend the business into new areas, products or services
* Seizes unusual opportunities to start a new business, obtain financing, equipment, land work space or assistance

II. Risk Taking
* Deliberately calculates risks and evaluates alternatives
* Takes action to reduce risks or control outcomes
* Places self in situations involving a challenge or moderate risk

III. Demand for Efficiency and Quality
* Finds ways to do things better, faster, or cheaper
* Acts to do things that meet or exceed standards of excellence
* Develops or uses procedures to ensure work is completed on time or that work meets agreed upon standards of quality

IV. Persistence
* Takes action in the face of a significant obstacle
* Takes repeated actions or switches to an alternative strategy to meet a challenge or overcome an obstacle
* Takes personal responsibility for the performance necessary to achieve goals and objectives

V. Commitment to the Work Contract
* Makes a personal sacrifice or expends extraordinary effort to complete a job
* Pitches in with workers or in their place to get a job done
* Strives to keep customers satisfied and places long term good will over short term gain

Planning Cluster
VI. Information Seeking
* Personally seeks information from clients, suppliers or competitors
* Does personal research on how to provide a product or service
* Consults experts for business or technical advice

VII. Goal setting
* Sets goals and objectives that are personally meaningful and challenging
* Articulates clear and specific long range goals
* Sets measurable short term objectives

VIII. Systematic Planning and Monitoring
* Plans by breaking large tasks down into time-constrained sub-tasks
* Revises plans in light of feedback on performance or changing circumstances
* Keeps financial records and uses them to make business decisions

Power Cluster
IX. Persuasion and Networking
* Uses deliberate strategies to influence or persuade others
* Uses key people as agents to accomplish own objectives
* Acts to develop and maintain business contracts

X. Independence and self-confidence
* Seeks autonomy from the rules or control of others
* Sticks with own judgement in the face of opposition or early lack of success
* Expresses confidence in own ability to complete a difficult task or meet a challenge

Homework # 2

Households the world over use their bathroom fixture numerous times each day out of necessity. However, by its mere design it is uncomfortable to sit on for any period of time. The Cushy Comfort^TM Toilet Seat Comforter is a slip cover made of terry cloth that goes over the toilet seat cover. It has an extension with a cushion that provides support to the lower back while the user is seated. This relieves back strain by providing lower lumbar support, eliminating the need to rest the elbows on knees or thighs.





Rain gutters and downspouts are vital to the maintenance of a home because they channel and direct the rain water coming down from the roof, away from the walls, windows, and should go directly down to the drains and away from the home's foundation. The Gutter Clutter Buster^TM is a safe, simple, clean, and affordable way for the everyday homeowner to do what has always been a nasty, dangerous, but necessary household chore … cleaning out the rain gutters. The Gutter Clutter Buster^TM is an Attachment Tool that connects to any round, standard, 2-1/2" wet/dry vacuum hose. Once on, it enables the user to safely remain on the ground and vacuum all the leaves, snow, water, debris, pine needles, and roof gravel, whether wet or dry, right from the gutters into the wet/dry vacuum. The gutters are left squeaky clean!