CDA R1 Koop Balitaaan - Tulong Balita On-Line Sept 24, 2021

1. Entrepreneurship for
Cooperatives
Edmund Chris S. Acosido

2. Learning Objectives
• Define Entrepreneurial Mindset;
• Learn about the tools on developing an entrepreneurial mindset;
• Understand the common drawbacks and problems faced by
entrepreneurs;
• Be updated with the basic data on co-ops
• Identify the different types of entrepreneurs.

3. Preliminaries
• Go to www.menti.com and use the code 5594 3552
• Key in the word/s that best describe the picture/words
• You can key in up to four (4) answers
• Have fun!

4. WHAT IS ENTREPRENEURIAL MINDSET
Mindset Defined
Our mindset is made up of
belief, ideas and attitudes.
Thinking about our mindset
can help us when we do
things, especially when we
face challenges

5. vs.
The Entrepreneurial Mindset
Why This Might
Fail
Why This Might
Work

6. YOU WERE
BORN AN ENTREPRENEUR
This doesn’t mean you were born to start companies. In fact, most people
shouldn’t start companies. But the will to create is encoded in human
DNA. And creation is the essence of entrepreneurship.
Gain a Competitive
Edge
Grow Your
Business
Unit
Expand Your
Network

7. THE ENTREPRENEURIAL MINDSET
TO GROW — Think Small and Move Fast
The companies that operate in this manner are sure to
emerge as the leaders in the next decade.

8. CULTIVATING AN
ENTREPRENEURIAL MINDSET
Whether you work for a 10-person company, a giant
multinational corporation, a not-for-profit, government agency
or any type of organization in between
to seize the new opportunities and
meet the challenges of today’s market
we need to think and act like we’re running a startup.

9. If you want teams making a difference daily, you need
to take some pointers from startup culture.
MAKE ROOM FOR
MISTAKES
03
ENCOURAGE MORE
QUESTIONS
01
REMEMBER WHY
WE’RE HERE
04
EMBRACE CHANGE
02

10. WHY DO WE NEED AN
ENTREPRENEURIAL MINDSET?
• We are all making decisions with limited information
• In a time-compressed and resource limited environment
• There are no guarantees or safety nets
• We take on a certain amount of risk
• Competition is changing
• The market is changing
• Product and Service lifecycles are shorter and shorter

11. THE TOOL KIT TO DEVELOP AN
ENTREPRENEURIAL MINDSET
Develop your own
competitive advantage by
combining 3 puzzle pieces:
Your
Assets Your
Aspirations
The
Market
Realities
1.

12. THE TOOL KIT TO DEVELOP AN
ENTREPRENEURIAL MINDSET
Plan to Adapt. Use the ABZ
method so that you can
adapt based on feedback
and lessons learned.
2.

13. THE BUSINESS JOURNEY
THERE’S NO STRAIGHT LINE FROM “A” TO “B”

14. Most of Companies & Our Strategies
are “off” by 10 Degrees
… so are most of our competitors
Closing the Gap Defines Success

15. THE TOOL KIT TO DEVELOP AN
ENTREPRENEURIAL MINDSET
Build real, lasting relationships and deploy these into a
powerful professional network built on trust.
3.

16. BUILD & MANAGE
YOUR PROFESSIONAL NETWORK
A Successful Leader has to have a broader horizon that goes outside the
business. And the only way you are going to get that broader perspective
is to make sure that you are out there in your networks.
In those networks you pick up information and bring it back into the
business.

17. THE TOOL KIT TO DEVELOP AN
ENTREPRENEURIAL MINDSET
Develop a method to evaluate
options and ideas to determine
the best new products and
services foryour organization.
4.

18. THE LEAN STARTUP MODEL
The core of this entrepreneurial philosophy is pretty straightforward:
1. Define your idea | plan
2. Market test the concepts and assumptions (hypotheses
meet experiments)
3. Build a Minimum Viable Product (MVP) | Prototype
4. Roll out new features/designs that are responsive to the market
rather than “predictive” of the market
5. Test, test, test
6. Rinse and repeat

19. LEADERSHIP DECISION MAKING
REQUIRES AN ENTREPRENEURIAL MINDSET

20. THE TOOL KIT TO DEVELOP AN
ENTREPRENEURIAL MINDSET
Build your skill as a Leader. Build your own Brand!
5.

22. We Become

 What we Eat | Both body and brain health

 What we Read | Reading changes brain structure & performance

 The 5 People | With whom we spend most of our time

23. • WE DO NOT LEAD an organization, association or group;
and your people do not follow strategic plans, fancy goals
or year-end reports | THEY FOLLOW A PERSON
• Often, our understanding is diluted with operational plans,
goal setting, revenue and sales forecasting, cash flow, HR,
compliance and the company’s bottom line.
• How You Influence Others is the Most Important
Part of Leadership

24. Individuals are hard-wired to belong
Togroups and communities
That acknowledge their existence, accept them And help
them define their identity.
It’s all about
BELONGING

25. Drawbacks & Problems of
Entrepreneurship

26. Problems of Entrepreneurship
• Risk of Losing Invested Capital
• Starting a business is all about risk. And the
small business failure rate is relatively high.
According to a study by the National
Federation of Independent Businesses
(NFIB), 35% of businesses fail within two
years, 54% fail within four years and 64% of
new businesses fail after six years.

27. Problems of Entrepreneurship
• Long Hours and Hard Work
• The average small business owner works 52
hours per week. In many start-up business, 10-
12 hour work days on 6 - 7 days of the week
with no paid vacations is the norm. Because
owners must often do everything themselves,
they experience long, intense, draining work
days.

28. Problems of Entrepreneurship
• Lower Quality of Life Until the
Business is Established
• Long hours and hard work can effect the
entrepreneur's outside life. Business owners
often put their role as company founder
ahead of their role as husband, wife, or
parent. Marriages and friendships are some
unfortunate casualties of entrepreneurship.
Part of the problem is that most people
launch new businesses between the ages of
25 and 34, just when they start their families.

29. Problems of Entrepreneurship
• High Levels of Stress
• Most entrepreneurs make significant
investments in their companies; they
leave behind a steady paycheck, and
mortgage everything to get into
business. Failure can mean total
financial failure as well as a
psychological blow. This creates high
levels of stress and anxiety.

30. Problems of Entrepreneurship
• Complete Responsibility
• Entrepreneurship is highly rewarding, but
many entrepreneurs find that they must make
decisions on issues they are not very
knowledgeable about. When there is no one
to ask for answers, the pressure can build
quickly. The knowledge that these decisions
could decide the success or failure of a
business can have a devastating effect on
the business owner.

31. Problems of Entrepreneurship
• Discouragement
• Launching a business requires much
dedication, tenacity and discipline.
Entrepreneurs may run into many obstacles,
some may even appear to be insurmountable.
Disillusionment and discouragement can set in,
but successful entrepreneurs know that every
new business encounters rough patches and
that perseverance is required to get through
them.

32. PRINCIPLES OF ENTREPRENEURSHIP
How do you define Entrepreneurship?

33. Entrepreneurship Defined
The propensity of mind to take
calculated risks with confidence to
achieve a pre-determined business or
industrial objective
The word ‘entrepreneur’ is derived from
the French verb enterprendre. It means
“to undertake.” In the early 16th century,
the Frenchmen who organised and led
military expeditions were referred to as
“entrepreneurs.” Around 1700 A.D., the
term was used for architects and
contractors of public works.

34. Popular Definitions
With J. A. Schumpeter, the term
entrepreneur had received a wide
acclaim. He defined the
entrepreneur as an innovator who
carries out new combinations to
initiate the process of economic
development through introduction
of new products, new markets,
conquests of new source of raw
materials and establishment of a
new organization of industry.

35. • Adam Smith described entrepreneur as a person who only provides
capital without taking active part in the leading role in enterprise.
• Richard Cantillon considered all persons engaged in economic activity
as entrepreneurs.
• Jean Baptiste Say opined that the entrepreneur was a person
endowed with the qualities of judgement, perseverance and a
knowledge of the world as well as of business.
• Peter F. Drucker defines an entrepreneur as one who always
searches for change, responds to it and exploits it as an opportunity.
Innovation is the specific tool of entrepreneurs, the means by which
they exploit change as an opportunity for a different business or
service.

36. • According to Max Weber – “Entrepreneurs are a product of
particular social condition in which they are brought up and it is the
society which shapes individuals as entrepreneurs.”
• International Labour Organisation (ILO) defines entrepreneurs as
those people who have the ability to see and evaluate business
opportunities, together with the necessary resources to take
advantage of them and to initiate appropriate action to ensure
success.

37. Entrepreneurship is a key driver of economic growth
and job creation.

38. • Entrepreneurship has become increasingly crucial as the Philippines
struggles with economic challenge.
• Strong Filipino entrepreneurship is urgently needed.
• Entrepreneurship is a very important component of a capital economy like
the Philippines.
• It thrives in economic systems that support innovation and hard work.

39. Economic development is a scheme aimed at improving the living
standards of the nation’s citizenry. To achieve economic development
goals, proper management. The following elements are necessary:
1. Human resources (labor supply, education, discipline, motivation)
2. Natural resources (land, fuel, climate)
3. Capital formation (machines, factories, roads)
4. Technology (science, engineering, management, entrepreneurship)

40. Source: Department of Trade and Industry

41. Source: Department of Trade and Industry

42. Name the famous
Entrepreneurs in
the pictures

53. Famous Filipino Entrepreneurs

55. Henry Sy
He came from an impoverished family in Jinjiang, a town near Xiamen,
China. The entire family left China in 1936 to help the family patriarch
manage a thriving convenience store in Manila.
His success led to the opening of his first shoe store, the SM in Avenida,
Manila. Henry had problems finding shoe manufacturers who could
design shoes according to what he had in mind, but he persisted. He
spoke to customers and built his own network of suppliers and
manufacturers.
That never-say-die attitude got Henry Sy to where he is now: one of the
richest men in the world and a world-class commercial center developer
who provides opportunities to both entrepreneurs and the working class!

57. Socorro Ramos
More popularly known as Nanay Coring is a 92 year old
entrepreneur who was born in September 23, 1923 at the
rural community of Sta. Cruz, Laguna.
At 92, Socorro only acts as the General Manager of the
National Books Store. She said that it does not matter if
you are born poor, because you are not destined that way,
if you only believe you can. Moreover, being an
entrepreneur is more of passion and dedication, rather than
capital.

59. Tony Tan Caktiong
In 1975, Tony bought a Magnolia ice cream parlor. However, it was not
generating enough business. After talking with his customers and people
within the neighborhood, Tony decided to include sandwiches, fried chicken,
and French fries in the menu. In time, the restaurant found itself packed to
overflowing capacity.
By 1978, Tony had opened six more restaurants, but the main item was no
longer ice cream. Tony then decided to adapt the McDonald’s concept and
named his franchise after his work ethic of being as “busy as a bee.”
Today Jollibee has grown to more than 2,500 stores in the Philippines plus
locations in the US, China, Saudi Arabia, Vietnam, Singapore, and Brunei.

61. John Gokongwei, Jr.
John’s life story is a “rich-to-rags-to riches” story. John Jr. was born
in China to the scion of one of the wealthiest families in Cebu.
When the father died, so did the business and the family fortune
was soon gone. John Jr. supported his family by peddling items
along the streets of Cebu by bike. Soon, he was trading items by
boat to Lucena City and to Manila by truck. Eventually, he started
importing items from the US.
Today, the Gokongwei family owns several successful and highly
diversified businesses. Among these are Robina Land
Corporation and Cebu Pacific.

63. Mariano Que
Many of today’s entrepreneurs would learn the value of customer experience
and innovation through Mariano Que.
Like many of the entrepreneurs discussed so far, Mariano found opportunities
for entrepreneurship after World War 2. Mariano had been working in a local
drugstore when the war destroyed several businesses in the city.
Mariano sold high-quality sulfa tablets, which ensured him a steady clientele.
With his hard work and dedication to build up savings, he was able to put up
his first drug store in 1945, which he named Mercury Drug.
Mariano’s dedication to his business has allowed Mercury Drug into 700
stores and a widely recognized name for quality pharmaceuticals.

64. What is an entrepreneur?
Entrepreneur is an owner or manager of a business enterprise who
makes money through risk and initiative. The entrepreneur leads the firm
or organization and also demonstrates leadership qualities by selecting
managerial staff. Management skill and strong team building abilities are
essential leadership attributes for successful entrepreneurs.
Entrepreneurs emerge from the population on demand, and become
leaders because they perceive opportunities available and are well-
positioned to take advantage of them. An entrepreneur may perceive that
they are among the few to recognize or be able to solve a problem.

65. Types of Entrepreneur
Social entrepreneur
A social entrepreneur is motivated by a
desire to help, improve and transform
social, environmental, educational and
economic conditions.
The social entrepreneur is driven by an
emotional desire to address some of the big
social and economic conditions in the world,
for example, poverty and educational
deprivation, rather than by the desire for
profit. Social entrepreneurs seek to develop
innovative solutions to global problems that
can be copied by others to enact change.

66. Types of Entrepreneur
Serial entrepreneur
A serial entrepreneur is one who
continuously comes up with new ideas
and starts new businesses. In the
media, the serial entrepreneur is
represented as possessing a higher
propensity for risk, innovation and
achievement.
Serial entrepreneurs are more likely to
experience repeated entrepreneurial
success.

67. Types of Entrepreneur
Lifestyle entrepreneur
A lifestyle entrepreneur places passion before
profit when launching a business in order to
combine personal interests and talent with
the ability to earn a living. Many
entrepreneurs may be primarily motivated by
the intention to make their business profitable
in order to sell to shareholders.
In contrast, a lifestyle entrepreneur
intentionally chooses a business model
intended to develop and grow their business
in order to make a long-term, sustainable and
viable living working in a field where they
have a particular interest, passion, talent,
knowledge or high degree of expertise.

68. Entrepreneurs
They are often strong individualists, optimistic and resourceful,
and they usually have a high degree of problem solving ability.
Entrepreneurs look for new and better ways. They are not
satisfied with the status quo.
Therefore, entrepreneurs are agents of change, they use
innovation and creativity as a tool, finding new ways to address
needs and wants, new solutions to problems and new processes
for achieving production.

69. As an
Entrepreneur,
I use the
different parts
of my body
to…

70. Entrepreneurs Possess Several Positive
Characteristics

71. Social Enterprises
Cooperatives are people-
centered enterprises owned, controlled
and run by and for their members to realize
their common economic, social, and
cultural needs and aspirations.
Cooperatives bring people together in a
democratic and equal way. Whether the
members are the customers, employees,
users or residents, cooperatives
are democratically managed by the 'one
member, one vote' rule. Members share
equal voting rights regardless of the
amount of capital they put into the
enterprise.

72. COOPERATIVE
Cooperatives allow people to take
control of their economic future and,
because they are not owned by
shareholders, the economic and social
benefits of their activity stay in the
communities where they are
established. Profits generated are either
reinvested in the enterprise or returned
to the members.
The cooperative movement is far
from being a marginal phenomenon, at
least 12% of humanity is a cooperator
of any of the 3 million cooperatives on
earth.

73. Cooperative Data
As of December 2019
513,000
Direct Employment
₱512 Billion
Total Asset
₱22 Billion
Net Surplus
EMPLOYMENT ASSET NET SURPLUS
Luzon 363,107 315,382,099,391.18 13,721,043,269.34
Visayas 32,887 84,222,850,672.64 3,262,602,859.62
Mindanao 117,123 112,158,569,258.71 4,936,557,335.52
2.5 Million
Indirect Employment

74. 11.6 Million
Members
Male 5,042,995
Female 6,512,510
No. of Cooperatives Membership
Luzon 10,234 5,820,642
Visayas 3,608 2,339,115
Mindanao 4,739 3,395,748
18,581
Cooperatives
Cooperative Data
As of December 2019

75. • Coops engaged in savings and credit
• Consumer / canteen and catering services
• Sale of Agricultural products
• Marketing/Trading (non-agri products)
• Production/Manufacturing
• Transportation
• Rental of Equipment/Office Space
• Labor Service
• Water services
• Training providers
• Others economic activities
Economic Activities of Cooperatives

77. Thank
You!