PECS ?

- Personal Entrepreneurial Competencies

Important
Entrepreneurial Traits
1. Hardworking
- Determination to run a business
- The success of your business depends on
how much time and effort you will spend
on it.
2. Self - Confidence
- Strong faith in your ability despite the
problems that you will encounter along the
way.
Important
Entrepreneurial Traits
3. Future - Oriented
- The goal for most successful business
people is to build a secure job and stable
income based on their ability.
4. Profit - Oriented
- Looking for income that will become your
bread and butter
- Interest in money generation
Important
Entrepreneurial Traits
4. Profit - Oriented
- Expanding of business through the use of
your generated income.
5. Goal – Oriented
– Advance preparation of your business
– Setting of long-term goal for the activities
– Everything in your business will have to be set
clearly, organized and planned depending on
the goal you want to achieve.
– Ability to set realistic targets.
Important
Entrepreneurial Traits
6. Persistence
- Being patient and strives to achieve the
goal
- You must be firm, strong-willed, and stick
or follow your own beliefs.
7. Copes with Failure
– “Learn from your mistake”
– Learn how to deal with frustrations and
failures instead, turn these into productive
learning experiences.
Important
Entrepreneurial Traits
8. Response to Feedback/ Open to
Feedback
- Obtain useful feedback and advices from
others.
9. Take the Initiative
– You must put your self in the position
where you personally the responsible for
the failure or success of your business
Important
Entrepreneurial Traits
10.Willing to Listen
- Take time to listen to the advice,
suggestions, and recommendations of
fellow entrepreneurs.
11.Set your own Standards
– Involves developing and using logical ,
step-by-step plan to reach the goals, or
offering evaluation alternatives,
monitoring progress and switching to a
successful strategies.
Important
Entrepreneurial Traits
12.Copes with uncertainty
- Pursue your vision to be a successful
entrepreneur
- Know how to handle unusual events that may
happen in the business which include
problems in managing the workers. Delivery
of goods and services; demand and
production.
- You must be patient in dealing with these
uncertainties.
Important
Entrepreneurial Traits
13.Committed
– Setting aside of friends, families and
relatives
– Separate the money in your business
from the amount you need to spend
14.Builds on Strengths
– The ability to make and use of a wide
network of contracts to build your business.
– Using of manual skills and knowledge in
Important
Entrepreneurial Traits
15.Reliable and has Integrity
– Build good reputation, possess the
courage to the right thing, do what you
say, walk your talk, be loyal, and be fair
in dealing with subordinates and
customers.
16.Risk - Taker
– Ability to take measured or calculated risks.
– Risk/s sometimes cannot be anticipated. This