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ENTREPRENEURSHIP IN
COMMERCIAL COOKING
Entrepreneur – a person who organizes,
develops, operates, and engages in his/her own
business
Entrepreneurship – organizing, developing,
operating, and engaging in one’s own business
Personal Entrepreneurial Competencies (PECS)
– qualities, characteristics, skills, abilities,
knowledge, and behavior that a person must
possess to become a successful entrepreneur
PERSONAL ENTREPRENEURIAL
COMPETENCIES
Passion for Cooking – you should possess the interest
and desire to prepare, cook, and serve food
PERSONAL ENTREPRENEURIAL
COMPETENCIES
Skill in Cooking – you should be equipped with the
basic knowledge and skills in cooking
PERSONAL ENTREPRENEURIAL
COMPETENCIES
Ability to Communicate Ideas – you should be able to
express your thoughts clearly and confidently to your
coworkers and clients
PERSONAL ENTREPRENEURIAL
COMPETENCIES
Commitment and Willingness to Work – you should
be willing to invest money, time, and effort in your
business. You should be ready to work in long hours
and under pressure, and set aside personal activities
in favor of work
PERSONAL ENTREPRENEURIAL
COMPETENCIES
Ability to Set Goals – you should be able to set both
short- and long- term goals and plans and focus on
tasks and their end results
PERSONAL ENTREPRENEURIAL
COMPETENCIES
Desire to Earn Profit – you should be able to supervise your
business closely to immediately resolve any problem that
can possibly result to reduce income
PERSONAL ENTREPRENEURIAL
COMPETENCIES
Reliability and Integrity
– you should be able to
keep your good name
and reputation by being
fair and honest in
dealing with others,
being true to your
words, and doing what
is right without
compromise
PERSONAL ENTREPRENEURIAL
COMPETENCIES
Confidence – you should believe in your ability to achieve,
know well what you are doing, and trust your instinct and
entrepreneurial acumen
PERSONAL ENTREPRENEURIAL
COMPETENCIES
Persistence – you
should be able to
keep up your
courage, hope and
belief to survive and
prosper
PERSONAL ENTREPRENEURIAL
COMPETENCIES
Willingness to Listen and Respond – you should be
able to talk and listen to fellow entrepreneurs, bank
officials, and business advisers for ideas that inspire
and guide your business
PERSONAL ENTREPRENEURIAL
COMPETENCIES
Willingness to Take Risks – you should be aware that
risks and challenges are part of any endeavor and
consider them stepping stone to success
PERSONAL ENTREPRENEURIAL
COMPETENCIES
Initiative and
Optimism – you
should be optimistic
yet prepared for
future problem,
needs, or changes;
you should be able
to plan ahead and
lead your business
toward action and
attainment of goals
PERSONAL ENTREPRENEURIAL
COMPETENCIES
Ability to Cope with Failure – you should be humble enough
to cope with failure, wise enough o learn from it, and strong
enough to overcome challenges
PERSONAL ENTREPRENEURIAL
COMPETENCIES
Ability to Set Standards – you should be able to set
standards to ensure quality production and increase sales
Personal Entrepreneurial Competencies (PECS) in Commercial Cooking

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Personal Entrepreneurial Competencies (PECS) in Commercial Cooking