Who are the Entrepreneurs?

Entrepreneurs are the one have the ability to see and evaluate business opportunities to gather the necessary responses and to take advantage of them and to initiate appropriate action to ensure success.

(Geoffrey Meredeth).

ROLE OF ENTREPRENEURS:

• The entrepreneur perceives opportunities in the environment
• The entrepreneur takes risks
• The entrepreneur produces capital
• The entrepreneur introduces innovation
• The entrepreneur organizes the business
• The entrepreneur makes decision
• The entrepreneur plans ahead
• The entrepreneurs sells his products at a profit

CHARACTERISTICS OF AN ENTREPRENEURS

• Opportunity seeker
• Persistent
• Committed to a work contract
• Risk takers
• Competent and hard worker
• Goal settler
• Information seeker
• Systematic planner and overseer
• Persuasive/ salesman
• self confident

CONCEPTS OF FILIPINO ENTREPRENEURS

1. self-reliant
2. risk taker
3. industrious
4. humble
5. helpful
6. creative
7. happy