• Entrepreneurs know how to use all forms of communication to effectively share ideas and address certain concerns with their customers or employees.

The word "entrepreneurship" has a French origin and was coined from the words ___ meaning "between", , and ___ meaning "to take"

• The minds of entrepreneurs should have a balance between the analytical and creative side.

- It is a proactive process of developing a business venture to make a profit. — is the act of creating a business or businesses while building and scaling it to generate a profit.

They hop from one company to another to act as the innovation champion.

• Entrepreneurs possess critical thinking skills and look at problems as challenges or puzzles that they need to solve.

• Entrepreneurs at this point take note of interesting trends in their environment • Consumers are reliable sources opportunity information

Father of Social Entrepreneurship - Owner of Ashoka Asoka: Out of School Youth

• Entrepreneurs are reactive rather than passive.

Entrepreneurs are experts in their chosen business, they are tactical and are very keen with details.

• Key economic driver, • Increase the level of knowledge competence, and improve the quality of life. • Alternative career path.

He/She must evaluate if the available raw materials to be used for the proposed business are sufficient for a long-term operation.

• A mandatory in the entrepreneurial process to calculate the resources needed to establish the business and compare against the entrepreneurs current resources • CAUTION and ALLOWANCE

The entrepreneur must ensure that his/her business contributes to the preservation and not the destruction of the ecological system of the local community and our country in general.

• It clearly portrays the trends, activities, and development • It identifies the expected threats and opportunities existing in the environment • It points out the possible factors that will determine the success of the business venture

- Entrepreneurs in this level already enjoy seeing their employees grow, stepping up, and producing great results with minimal supervision.

- based on their experience, now aim for quality and excellence in their work. They have fully learned, and continue to practice, the 4 step process of thinking, starting with idealization, visualization, verbalization, and materialization.

The word "_____" has a French origin and was coined from the words entre meaning "between", , and prende meaning "to take" - is a unique individual who has the innate ability and extraordinary dedication to establish and manage a business, acknowledging all the risks and repeating its rewards.

• They are in a large company who are tasked to think, establish, and run a new, big project. • They are still employees

• Entrepreneurs always have a decision about their business.

• The entrepreneur must consider the obvious climatic condition of an area where he/she intends to open the business to determine whether it can withstand or is fit to the climatic condition in the local area.

(not one step ahead of the situation but 5 or 10 times step ahead)

• A comprehensive paper that details the marketing, operational, human resource, financial, strategic direction, and tactics or the business

Entrepreneurs have a talent for recognizing an opportunity even by using the macro level data only.

MAJOR SOURCES:

Successful entrepreneurs always have the heart of a leader.

- In this level, entrepreneurs feel the need to set up and ask some help from the people around them. They delegate or appoint and hire potential employees to do the work.

- look for more opportunities for their business to grow.

persons are, simply put, not comfortable with the routines of a desk job. They do not want to conform to a fixed working schedule. They want to do things in their own way.

• Soft skills are one of the most important competencies of an entrepreneur.

- is a person who sets up a business with the aim to make a profit. - the meaning of entrepreneurship involves an ___ who takes action to make a change in the world.

Co-founder and president of Gandang Kalikasan Inc., makers of Human Nature. - Gandang Kalikasan Inc. - Women empowerment - Use local resources - Strengthen Philippine economy

• This is the part where entrepreneurs should use the resources allocated for the new venture. • The entrepreneur should have a control and monitoring system to serve as check and balance.

• They explore opportunities that have a positive impact on their community. • Be part of the change

They do not stop improving and thinking of new and worthwhile ideas for their businesses.

• Entrepreneurs are innovation champions.

• The critical evaluation and thorough study of the environment where the business operates.

THE ENTREPRENEURIAL PROCESS

• They put technology at the core of their business • They have skills and knowledge

• Entrepreneurs will not be successful if they do not take risks.

The True Entrepreneur - based on their experience, now aim for quality and excellence in their work. They have fully learned, and continue to practice, the 4 step process of thinking, starting with __

• A networker knows the key people to connect with.