PECS Flashcards
PECS MEANS?
PERSONAL ENTREPRENEURIAL COMPETENCIES
set of competencies that support the motive for being successful in the entrepreneurial undertaking, under this cluster are the following competencies.
Achievement
always on the lookout for any opportunity
Opportunity seeking
being steadfast in his decision and cannot be easily dissuaded
Persistence
ability to perform assigned tasks whatever it takes
Commitment to work contract
must take certain risks at times
Risk-taking
entrepreneur always demands better, if not good quality of products or services,
Demand for efficiency and quality
refers to the set of competencies that allows the entrepreneur to organize
and prepare procedures to ensure that the business venture will keep moving forward.
Planning
The first step an entrepreneur must do is to set a goal for his venture. a good rule of thumb is to do it SMART
Goal setting
SMART MEANS
Specific
Measuarable
Attainable
Realistic
Time-bound
always keen about information
Information seeking
ability to create a well-organized and efficient plan
Systematic planning and monitoring
perhaps is one of the most rewarding aspects of being an entrepreneur-being your own boss.
Power
persuading people to spread word for you and to make them believe in you
Persuasion and Networking
This is perhaps one of the most observable traits of a person. It refers to a strong belief upon one’s self that he can complete a task no matter how difficult it might become.
Self-confidence
