Module 6 Flashcards
The success of Filipino entrepreneur
stands in a shallow foundation. Most
Filipino business starts on a c
copycat syndrome
founder of national bookstrore
Socorro Ramos
Founder of SM
Henry Sy
Founder of Jollibee
Tony Tan Caktiong
QUALITIES OF THE FILIPINO ENTREPRENEUR
The Development Bank of the Philippines defines the qualities of an entrepreneur:
self-reliant
risk-taker
Industrious
Humble
Helpful
Creative
Happy
He rises to a challenge and transfers problems into opportunities. His daring is build on his competence which is marked by openness to new ideas, new skills and new developments. Despite his setbacks and mistakes, he is willing to start all over again.
Risk-taker
An entrepreneur counts mainly on his own efforts, and succeeds mainly by doing a good job. He relies principally on his own merit and work. His self-reliance is founded on hard work.
Self-reliant
He has a strong sense of pride in the workmanship of his product. He is quality conscious in all the components of his business. He is also precise in counting costs and in ensuring the value of money for his product or service.
industrious
The true entrepreneur has the humility and single-mindedness of purpose. Where there is a chance to earn, no matter how slowly the task, he is at work patiently, unmindful of his social status. To him rolling up his sleeves, getting his hands dirty is nothing to be ashamed of. Patience is his badge of security. Humility is the quality that enables him to build a business from resources or opportunities, simple needs and humble beginnings.
humble
He learns how to work with others from different fields, conscious that with their help, effectiveness can be multiplies. He thinks of others, especially those working for him and of the opportunities for advancement he can provide for them. Through appropriate words and works, he shows that he truly cares for their personal welfare and development
helpful
He has a sense of perseverance and a spirit of initiative. Never satisfied with things as they are, he continues to improve, trying new and better ways of doing things. And when difficulties, frustrations and failure come, he is never discouraged. Often out of these, come something new—another success, another problem solved, another opportunity opened, another “first”.
creative
The joy of this entrepreneur lies in the satisfaction of a customer, whom he puts first over everybody else. He therefore attends to the i needs of his customer with dispatch, efficiency, and graciousness. A service-oriented person, he is a happy man for he has discovered that the joy of giving is its own reward.
Happy
