Personal Entrepreneurial Competencies (PECS) in Commercial Cooking

1. 1. ENTREPRENEURSHIP IN COMMERCIAL COOKING Entrepreneur – a person who organizes, develops, operates, and engages
in his/her own business Entrepreneurship – organizing, developing, operating, and engaging in one’s own business Personal
Entrepreneurial Competencies (PECS) – qualities, characteristics, skills, abilities, knowledge, and behavior that a person must
possess to become a successful entrepreneur
2. 2. PERSONAL ENTREPRENEURIAL COMPETENCIES Passion for Cooking – you should possess the interest and desire to
prepare, cook, and serve food
3. 3. PERSONAL ENTREPRENEURIAL COMPETENCIES Skill in Cooking – you should be equipped with the basic knowledge and
skills in cooking
4. 4. PERSONAL ENTREPRENEURIAL COMPETENCIES Ability to Communicate Ideas – you should be able to express your
thoughts clearly and confidently to your coworkers and clients
5. 5. PERSONAL ENTREPRENEURIAL COMPETENCIES Commitment and Willingness to Work – you should be willing to invest
money, time, and effort in your business. You should be ready to work in long hours and under pressure, and set aside personal
activities in favor of work
6. 6. PERSONAL ENTREPRENEURIAL COMPETENCIES Ability to Set Goals – you should be able to set both short- and long- term
goals and plans and focus on tasks and their end results
7. 7. PERSONAL ENTREPRENEURIAL COMPETENCIES Desire to Earn Profit – you should be able to supervise your business
closely to immediately resolve any problem that can possibly result to reduce income
8. 8. PERSONAL ENTREPRENEURIAL COMPETENCIES Reliability and Integrity – you should be able to keep your good name and
reputation by being fair and honest in dealing with others, being true to your words, and doing what is right without compromise
9. 9. PERSONAL ENTREPRENEURIAL COMPETENCIES Confidence – you should believe in your ability to achieve, know well what
you are doing, and trust your instinct and entrepreneurial acumen
10. 10. PERSONAL ENTREPRENEURIAL COMPETENCIES Persistence – you should be able to keep up your courage, hope and
belief to survive and prosper
11. 11. PERSONAL ENTREPRENEURIAL COMPETENCIES Willingness to Listen and Respond – you should be able to talk and listen
to fellow entrepreneurs, bank officials, and business advisers for ideas that inspire and guide your business
12. 12. PERSONAL ENTREPRENEURIAL COMPETENCIES Willingness to Take Risks – you should be aware that risks and
challenges are part of any endeavor and consider them stepping stone to success
13. 13. PERSONAL ENTREPRENEURIAL COMPETENCIES Initiative and Optimism – you should be optimistic yet prepared for future
problem, needs, or changes; you should be able to plan ahead and lead your business toward action and attainment of goals
14. 14. PERSONAL ENTREPRENEURIAL COMPETENCIES Ability to Cope with Failure – you should be humble enough to cope with
failure, wise enough o learn from it, and strong enough to overcome challenges
15. 15. PERSONAL ENTREPRENEURIAL COMPETENCIES Ability to Set Standards – you should be able to set standards to ensure
quality production and increase sales