Do you understand?

Do you think all the characteristics of a successful entrepreneur are equally important or are some more important than the others? Explain your answer.

For my own opinion all the characteristics of a successful entrepreneur are usually considered as resourceful people. Equally important among the common issues shared by all entrepreneurs themselves. The character traits and work ethics are the ingredients of a successful entrepreneur, only one lost the entrepreneur would be get weak and hard to strive more for his success.

 

Can you understand?

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

A.Vigilance for opportunities
B.commitment to work contact
C.persistence
D.Willingness to take risks
E.Demand for efficiency and quality
F.Goal setting
G.Information seeking
H.Systematic Planning and monitoring
I.Persuasion and networking
J.Self confidence

The success of a business person greatly depends on a certain set of characteristics, what more when we apply it in other areas of life. These traits can help us to reach our goals.

For example, In our reaching our dreams we need to become a vigilant, persistent and willing to take the risk. We need to grab the opportunity that the other people giving to us, for us to take advantage, to shortened our long term goals. We need to be strong when we overcoming failures and downfalls for us to remain standing and face the certain challenges for the future. We need to have our self confidence to become more sociable to the other people.

2.Explain how having the personal entrepreneurial competencies can help you become a successful entrepreneur.

This can help me, by having those traits and characteristics. I can say that 10 years from now I can see my self  owning a big company that have a lot's of  branches abroad. PEC can help me to reach my target and to strive more. When I feel downfalls instead of giving up and losin patience, I will remain standing and look up chances to improve my self

enrichment activity

     If you were an entrepreneur, what particularbusiness would you be in? why?

                 If I were an entrepreneur, I would be in the computer business because we are now here in our modern world. Computers have greatly enhanced how business operate in the marketplace. Technology has grown so quick that any business not using computers are at a distinct disadvantage against competitors. There's a lot of businesses now either small or big businesses related in computers like the online selling of products, computer rentals or even making products by the used of computers. So for me computer business is the best choice.

Can you prove this?

1. we have discussed that entrepreneurs affect almost every aspect of our daily lives. Give examples of how they  influence our daily lives in the following areas:

Health Care:

They give services to the  people who has diseases.

Transportation Services: 

They make people who has no car easier to go to their destination by public vehicles.

Communication Services: 

To communicate people with each other. 

Information Technology:

To  help people to be updated and aware about modern technology advancements like computers.

                                                     

               

2.If you were given a chance to start a business, would you rather start it out of a need for a product or service due to the availability of resources? Defend your answer.

 I will start base on the needs because I will sell my product if it is needed

Do you understand

ENTREPRENEUR

                                 

ENTERTAINMENT

 Robert A. Iger 

William Hannah

  



EDUCATION 
 Rote Foss

 Scheibel W.

                                                               

FOOD SERVICE

Edgar siall- Founder of mang inasal

George T. Vang- Mc donalds

AGRICULTURE

Louis Larson- Milk of cows 

 

JAMES

                                                   JAMES 
                         CHARACTERISTICS

  *HARDWORKING   *INDUSTRIOUS   *UNDERSTANDING   *KIND    *SMART 

A. How did James acquire his trait of being hardworking?

    : James grew up in a poor family where he learned the importance of hard work 

B. What did he discover during his TLE classes in high school?

    : James learned he was good at wood working in his TLE class

C. What could have happened if james chose to work for another company  rather than start his own business when he lost his first job?

    : Maybe James found himself out of working again and he would not be the owner  of the most successful furniture company in the country

                                    Marie
                         CHARACTERISTICS

        *SMART      *KIND     *ENTERTAINER     *HARDWORKING

A.What are the similarities between the stories of james and marie?

   : They can study in highschool and college, they work in company and they are successful in life

B.How did their educational training differ?

  : They have different course

C.What made marie's bussiness somewhat risky at first? How did she feel about it?

  : Interior plant consultant

  :  Very happy

D.what common traits did Marie and James have that helped them succeed as entrepreneurs?

  : Because they sell products

neccesity

PORTABLE EMERGENCY LIGHT
-it is a light that use in case of emergency.
-it is easy to carry anywhere.
-so this is the nice product