Personal Entrepreneurial

Competencies
Computer Systems Servicing
 Question

What do you want to be in the

future?
 Entrepreneurs
 Are those with the skills and
capabilities to see and evaluate
business opportunities. They are
individuals who can strategically
identify products or services
needed by the community, and
have the capacity to deliver them
at the right place.
 Entrepreneur
Are the agent of economic change;
they organize, manage, and
assume risk of a business. Some of
the good qualities of entrepreneur
are: opportunity-seeker, risk-taker,
goal-setter, excellent planner,
confident, problem-solver,
hardworking, persistent and
committed.
Entrepreneurship
On the other hand, is not just a
simple business activity but a
strategic process of innovation and
new product creation. Basically,
entrepreneurship is both an art and
science of converting business ideas
into marketable products or services
to improve the quality of living.
Assessment of Personal
Entrepreneurial Competencies
(PECs and Skills
Entrepreneurial competencies
refer to the important
characteristics that should be
possessed by an individual in
order to perform entrepreneurial
function effectively.
Few important characteristics /traits/
attributes of good entrepreneur:
Hardworking: this means
working diligently and being
consistent about it. Hardworking
people keep improving their
performance to produce good
products and/or provide good
services.
Confident: Entrepreneurs
have self-reliance in one’s
ability and judgment. They
exhibit self-confident to cope
with the risk of operating their
own business.
Disciplined: Successful
entrepreneurs always stick to
the plan and fight the
temptation to do what is
unimportant.
Committed: Good
entrepreneurs assume full
responsibility over their
business. They give full
commitment and solid
dedication to make the
business successful.
Ability to accept change:
Nothing is permanent but is
change. Change occurs
frequently. When you own a
business, you should cope with
a thrive on changes. Capitalize
on positive changes to make
your own business grow.
Creative: An entrepreneur
should be creative and
innovative to stay in the
business in order to have an
edge over the other
competitors.
Has the initiative: An
entrepreneur takes the
initiative. You must put
yourself in a position where
you are responsible for the
failure or success of your
business
Profit-oriented: An
entrepreneur enters the world
of business to generate profit
or additional income. The
business shall become your
bread and butter. Therefore,
you must see to it that the
business can generate income
 PERSONAL ENTREPRENEURIAL
COMPETENCIES

Ability to Communicate Ideas – you should be able to

express your thoughts clearly and confidently to your
coworkers and clients
 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
 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
 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
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
 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
 PERSONAL ENTREPRENEURIAL
COMPETENCIES

Persistence – you
should be able to
keep up your
courage, hope and
belief to survive and
prosper
 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
 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
 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
 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
 PERSONAL ENTREPRENEURIAL
COMPETENCIES

Ability to Set Standards – you should be able to set

standards to ensure quality production and increase sales
Activity: PECs Checklist
 Assignment: Interview
• Directions: In our province, interview a successful computer
technician or entrepreneur whose type of business is related
with computer hardware servicing. Focus your questions on
PECs and other business-related attributes that helped them
become successful. Analyze the results of the interview and
reflect on the similarities and/or differences. Write your
answer on a separate sheet of paper.
 Activity: Brainstorming
• Directions: Use in a separate sheet of paper / in your notebook
the information generated from task 5 (Interview) and prepare
an action plan that indicates alignment of your PECs to the
PECs of a successful entrepreneur in computer hardware
servicing in your province.
Assessment
Task 1: Matching Type
Directions: Match the entrepreneurial competencies in column A with their
meaning in column B. Write the letter of the correct answer on the space
provided before each number.
A B
____1. Creative A. makes wise decisions towards the set
____2. Profit-oriented objectives
____3. Disciplined B. strategic thinking and setting of goals
____4. Sound decision maker C. trusting in one’s ability
____5. Possess people skills D. adoptable to change
____6. Excellent Planner E. innovates to have an edge over other
____7. Confident competitors
____8. Hardworking F. solid dedication
____9. Ability to accept change G. skillful in record keeping
____10. Committed H. always sticks to the plan
I. work diligently
J. effective and efficient communication
skills and relates well to people
K. always looking for an opportunity to
have/earn income.
ANSWER KEY
1. E
2. K
3. H
4. A
5. J
6. B
7. C
8. I
9. D
10. F