1 PECs.ppt

PERSONAL
ENTREPRENEURIAL
COMPETENCIES (PECs)

Department of Education
1. Define Personal Entrepreneurial Competencies (PECs)
2. Appreciate the need to assess one’s personal characteristics,
attributes, lifestyles, skills and traits.
3. Connects the correct definition of the characteristics of a
successful entrepreneur.
Objectives


are those with the skills and capabilities to see
and evaluate business opportunities. They are
individuals who can strategically identify
products or services needed by the
community, and have the capacity to deliver
them at the right time and at the right place.
Entrepreneurs


a strategic process of innovation and new
product creation. It is both an art and science
of converting business ideas into marketable
products or services to improve the quality of
living.
Entrepreneurship


Personal Entrepreneurial Competencies (PECs)

Self-Assessment
Directions: From the following 10 pairs of
sentences, choose either A or B,
depending on which statement most
reflects your personal views. Kindly mark
your response (A or B) for each pair of
sentences on a separate sheet of paper.

A) I do my work by myself.
B) I do my work in the company of
friends so that I can get their opinion on
what I should do.
Options 1

A) I do not care if I succeed in life or not,
as long as others think I’m successful.
B) I care about what happens to me and I
plan how I could succeed in my life, no
matter what others think.
Options 2

A) I go with a good idea if others go with
it.
B) I test an idea, whether good or bad,
before I decide that it is correct.
Options 3

A) I am uncomfortable when I am with
my friends because I think I am not as
good as them.
B) I like being with my friends because I
feel I am equal to them.
Options 4

A) I worry about how I look externally.
B) I do not worry about how I look like
because what’s important is my inner self.
Options 5

A) If I fail, I am sure it’s somebody else’s
fault and not mine.
B) If I fail, I shall analyze why I failed and
take responsibility for my failure.
Options 6

A) I am proud of my parents because of
what they stand for, even though they are
not rich.
B) I am proud of my parents because they
are rich and powerful. .
Options 7

A) I wish that I could inherit a
comfortable house to live in, without
working for it.
B) If I get to have a comfortable house to
live in, it is because I worked hard for it.
Options 8

A) I think I can learn from all experiences,
whether big or small, in my day-to-day
life.
B) I think there is nothing to learn from
day-to-day experiences, except for the
extraordinary ones that hit me.
Options 9

A) I’d like to spend my days relaxing
with my friends and without any worries.
B) I’d like to spend my days doing work
that I feel is important and I think about
how I will succeed someday.
Options 10


Scoring for internal strength.
OPTIONS POINTS OPTIONS POINTS
1. 6.
A. 2 A. 1
B. 1 B. 2
2. 7.
A. 1 A. 2
B. 2 B. 1
3. 8.
A. 1 A. 1
B. 2 B. 2
4. 9.
A. 1 A. 2
B. 2 B. 1
5. 10.
A. 1 A. 1
B. 2 B. 2

20 – 16 points:
Your inner self is very strong; you depend upon your internal self
for strength.
15 – 11 points:
Your inner self is strong enough.
10 – 6 points:
Your inner self is somewhat strong, but you have to start
checking the statements that you chose and see if you can start to
strengthen your inner self.
5 – 1 points:
You depend on others and on your external features to feel good
about yourself. You need very much to develop your inner self and inner
strength.
Self-Assessment:

Q
Directions: From the following 10 pairs of
sentences, choose either A or B,
depending on which statement most
reflects your personal views. Kindly mark
your response (A or B) for each pair of
sentences on a separate sheet of paper.


Important Entrepreneurial Traits
Hardworking
Self- Confidence
Future-Oriented
Profit-Oriented
Goal-Oriented
Persistence
Copes with Failure
Responds to Feedback or Open to
Feedback
Take the Initiative
Willing to Listen
Set your Own Standards
Copes with Uncertainty
Committed
Builds on Strengths
Reliable and has Integrity
Risk-Taker


If you are determined to run your own
business, you must concentrate on your work
either as a producer or a seller. The success of
your business depends on how much time and
effort you will spend on it.
Hardworking


You must have a strong faith in your ability
despite the problems that you will encounter
along the way.
Self- Confidence


Once a person enters in a line of business, you
must understand that you are in a non-stop
contract that an entrepreneur should
understand. It may take several years to build
up a business to a reasonable standard. The
goal for most successful business people is to
build a secure job and stable income for
themselves based on their own ability.
Future-Oriented


When you enter into the world of business,
obviously, you are looking for income because
you know that this will be your bread and
butter not only for you but also for your
family. Therefore, you must see to it the
business can generate income. Another plan of
action is to expand your own business through
the use of your generated income.
Profit-Oriented


An entrepreneur is forward looking. You have an
advanced preparation for your business. You set a
long-term goal for the activities that are needed, an
extensive preparation for the production process and
procedures that you need to go through to acquire,
human and non-human resources. Everything in your
business will have to be set clearly, organized, and
planned depending on the goal you want to achieve.
Goal-Oriented


Differences in opinion and judgment. Your
opponent can be a part of the rejection on what
you intend to do for your endeavor. As an
entrepreneur, you must be firm, strong-willed,
and stick or follow your own belief.
Persistence


“Learn from your mistakes”. As an
entrepreneur, you must learn how to deal with
the frustrations and failures instead, turn these
into productive learning experiences.
Copes with Failure


You must be concerned to know how well you
are doing and keep track of your performance.
You must obtain useful feedback and advice
from others.
Responds to Feedback or Open to Feedback


A successful entrepreneur takes the initiative.
You must put yourself in a position where you
personally are responsible for the failure or
success of your business.
Take the Initiative


Take time to listen to the advice, suggestions,
and recommendations of fellow entrepreneurs.
It will help your business grow.
Willing to Listen


This involves developing and using logical,
step-by-step plans to reach the goals, or
offering evaluation alternatives, monitoring
progress, and switching to successful strategies
for the goal you want to achieve. To be a
successful entrepreneur you must take into
consideration that sales and production
depend on your own standards.
Set your Own Standards


Pursue your vision to be a successful
entrepreneur, you should know how to handle
unusual events that may happen in the
business which include problems in managing
the workers, problems on the delivery of goods
and services, and the problems on demand and
production. You must be patient in dealing
with these uncertainties.
Copes with Uncertainty


You should know that in your business,
personal needs, attachment to your friends,
families and relatives are set aside. You must
separate the money for your business from the
amount that you need to spend for personal
obligations and lifestyles.
Committed


Successful business people base their work on
strengths. Use your manual skills, knowledge
in creating products or services, knowledge in
trade and industry, ability to make and use of a
wide network of contacts to build your
business.
Builds on Strengths


An entrepreneur must build a good reputation,
possess the courage to do the right thing, do
what you say, walk your talk, be loyal, and be
fair in dealing with the subordinates and
costumers.
Reliable and has Integrity


Risk sometimes cannot be anticipated. When
misfortunes happen, consider these as
challenges and work them out and set good
alternatives. Risks may result to loss of your
business or even bankruptcy.
Risk-Taker


“Successful entrepreneurs
continuously develop and
improve their PECs”.

Review
Entrepreneurs are those with the skills and capabilities to see and evaluate business
opportunities. They are individuals who can strategically identify products or
services needed by the community, and have the capacity to deliver them at the right
time and at the right place.
Entrepreneurship, on the other hand, is not just a simple business activity but a
strategic process of innovation and new product creation. Basically,
entrepreneurship is both an art and science of converting business ideas into
marketable products or services to improve the quality of living.
PECS

Matching Type
Column A
1. Hardworking
2. Self-confident
3. Profit-Oriented
4. Goal-Oriented
5. Persistent
6. Responds to feedback
7. Willing to listen
8. Committed
9. Reliable and has integrity
10. Risk-taker
Column B
a. Ability to set realistic targets.
b. Interest in money generation.
c. To succeed, one must believe in one’s self.
d. Working diligently and industriously.
e. Being able to listen to the advice of others.
f. Obtaining useful feedback and advice from others.
g. Being patient and strives to achieve the goal.
h. Ability to take measured or calculated risks.
i. Being honest, fair and trustworthy.
j. A major priority in the entrepreneur’s life.

Matching Type
Column A
1. Hardworking D.
2. Self-confident
3. Profit-Oriented
4. Goal-Oriented
5. Persistent
8. Committed
10. Risk-taker
Column B

Matching Type
Column A
1. Hardworking D.
2. Self-confident C.
3. Profit-Oriented
4. Goal-Oriented
5. Persistent
8. Committed
10. Risk-taker
Column B

Matching Type
Column A
1. Hardworking D.
3. Profit-Oriented B.
4. Goal-Oriented
5. Persistent
8. Committed
10. Risk-taker
Column B

Matching Type
Column A
1. Hardworking D.
4. Goal-Oriented A.
5. Persistent
8. Committed
10. Risk-taker
Column B

Matching Type
Column A
1. Hardworking D.
4. Goal-Oriented A.
5. Persistent G.
8. Committed
10. Risk-taker
Column B

Matching Type
Column A
1. Hardworking D.
4. Goal-Oriented A.
5. Persistent G.
6. Responds to feedback F.
8. Committed
10. Risk-taker
Column B

Matching Type
Column A
1. Hardworking D.
4. Goal-Oriented A.
5. Persistent G.
7. Willing to listen E.
8. Committed
10. Risk-taker
Column B

Matching Type
Column A
1. Hardworking D.
4. Goal-Oriented A.
5. Persistent G.
8. Committed J.
10. Risk-taker
Column B

Matching Type
Column A
1. Hardworking D.
4. Goal-Oriented A.
5. Persistent G.
8. Committed J.
9. Reliable and has integrity I.
10. Risk-taker
Column B

Matching Type
Column A
1. Hardworking D.
4. Goal-Oriented A.
5. Persistent G.
8. Committed J.
9. Reliable and has integrity I.
10. Risk-taker H.
Column B

1 PECs.ppt

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