This lesson may help you in understanding more about the entrepreneurial Education

1. Prepared by: Group 1, DM1-B
KARL RONNIEL O. AYONG
ALLAN B. SANOY
JOHN BERNAN C. CAMINO
MYRA GRACE SEGUERRA
FRANCINE MAE MATARUNDO
DANNA DAIREN GOLILAO
Instructor:
JANET Z. MANZAN, RM, RN, MN, PhD.
INTEGRATED MIDWIVES ASSOCIATION OF THE PHILIPPINES
(IMAP) FOUNDATION SCHOOL OF MIDWIFERY, INC.
41 Burgos Street, Brgy. Magdalo, La Paz, Iloilo City
ENTREPRENEURIAL MIND
2nd Semester, Mid-Term

3. Pre – Activity: FIND ME!
Direction: Find and Encircle the word that being
describe each number.
The question at the next slides.

4. Direction:Identify what being describe by each sentence.
1. They are not afraid to take risk.
2. This are concept like laws, morals, knowledge.
3. The internet based Computing where virtual shared servers provide
software, platforms, devices etc.
4. Entrepreneurs believe in themselves.
5. Consist of the goods and services produced in the country and imported.
6. Entrepreneurs are constantly looking for new ways to solve problems.
7. Values and behavior accepted with the society.
8. The entrepreneur musthave energy to respond to the job’s demand.
9. Skills that entrepreneur must develop writing, speaking, and listening skills.
10. It focuses on specific job, knowledge and skills that is to be applied in the
short run.

5. Lesson 1:
ENTREPRENUERISM
AND ITS EFFECTS ON
THE ECONOMIC
GROWTH

6. Concept of Entrepreneurship
• Entrepreneurship is the practice of setting up a business or setting
yourself up as self- employed in one of the creative industries.
• Entrepreneurship means doing something in a new and effective
manner.
• Entrepreneurship is a dynamic activity which helps the
entrepreneur to bring changes in the process of production,
innovation in production, new usage of materials, creator of
market etc.

7. Cont.
• It is a mental attitude to foresee risk and uncertainty with a view
to achieve certain strong aim.
• It is risk bearing, innovative and resource organizing ability of an
individual or group of people to achieve goal through production
or distribution of products or services.
• Entrepreneurship is the willingness to take risks and develop,
organize and manage a business venture in a competitive global
market place.

8. Economic Development
• Economic development is the process whereby
simple, low-income economies are transformed
into modern industrial economies with high
income.
• It is most commonly described as the creation of
jobs and wealth, and the improvement of
quality of life.

9. Cont.
• Economicdevelopment essentially
means a process of upward change
whereby the real per capita income
of a country increases over a period
of time.
• Economicdevelopment is the effect
for which entrepreneurship is a
cause.
• Developed countries supports the
fact that economic development is
the outcomefor which
entrepreneurship is an inevitable
cause.

10. Cont. • Entrepreneurship has an
important role to play in the
development of a country.
• It is one of the most important
inputs in economic
development.
• The number and competence of
entrepreneurs affect the
economic growth of the
country.

11. Entrepreneurship and Economic
Development

12. 1. Employment Generation
Growing unemployment
particularly educated
unemployment is the problem of
the nation. Entrepreneurs
generate employment both
directly and indirectly. Directly,
self employment as an
entrepreneur and indirectly by
starting many industrial units they
offer jobs to millions.

13. 2. National Income
National Income consists of the goods and services produced in the
country and imported. The goods and services produced are for
consumption within the country as well as to meet the demand of
exports. An increasing number of entrepreneurs are required to
meet this increasing demand for goods and services. Thus
entrepreneurship increases the national income.

14. 3. Balanced Regional Development
The growth of Industry and business
leads to a lot of Public benefits like
transport facilities, health, education,
entertainment etc. When the new
entrepreneurs grow at a faster rate, in
view of increasing competition in and
around cities, they are forced to set up
their enterprises in the smaller towns
away from big cities. This helps in the
development of backward regions.

15. 4. Dispersal of Economic Power
Industrial development normally may lead to concentration of
economic powers in a few hands. This concentration of power in a
few hands has its own evils in the form of monopolies. Developing a
large number of entrepreneurs helps in dispersing the economic
power amongst the population by weakening the harmful effects of
monopoly.

16. 5. Better Standards of Living
Entrepreneurs play a vital role in
achieving a higher rate of economic
growth. Entrepreneurs are able to
produce goods at lower cost and
supply quality goods at lower price to
the community according to their
requirements. When the price of the
commodities decreases the consumers
get the power to buy more goods for
their satisfaction. In this way they can
increase the standard of living of the
people.

17. 6. Creating innovation
An entrepreneur is a person who
always looks for changes. apart
from combining the factors of
production, he also introduces
new ideas and new combination
of factors. He always try to
introduce newer and newer
technique of production of
goods and services. An
entrepreneur brings economic
development through
innovation.

18. 7. Capital
formation
Entrepreneurship promotes capital formation by mobilizing
the idle saving of the public and put it under continues
transaction so as to improve the value of the capital by
utilizing in a profitable way under different stages of
enterprise.

19. 8. Resource Mobilization
The natural resources including the human resource skill
can be effectively utilized for functioning of an enterprise
towards economic development which might otherwise
remain unutilized and idle.

20. 9. Backward and forward linkages
Entrepreneurship will give the opportunity for the people to involve
at different levels starting from production to ultimate consumption,
the backward and forward linkages which stimulate the process of
economic development in the country. Promotes country's export
trade last but no means the least, it also promotes country's export
trade i.e., an important ingredient to economic development.

21. Lesson 2: CLOUD
TECHNOLOGY AND
ITS IMPLICATIONS TO
ENTREPRENEURSHIP

22. Cloud Computing provides with all
the computing services such as servers,
software, networking and analytics etc.
over the internet.
The services will be provided by the
cloud providers and charged for it through
monthly bills just like electricity and water.
Many companies are delivering services
from the cloud.

23. Some notable examples include the following:
1. Google - Has a private cloud that it uses for delivering
Google Docs and many other services to its users, including
email access, document applications, text translations,
maps, web analytics, and much more.
2. Microsoft - Has Microsoft® Office 365° online service that
allows for content and business intelligence tools to be
moved into the cloud, and Microsoft currently makes its
office applications available in a cloud.
3. Salesforce.com - Runs its application set for its customers
in a cloud, and its Force.com and Vmforce.com products
provide developers with platforms to build customized
cloud services.

24. USES OF CLOUD
COMPUTING

25. 1. Data
Management
with storing,
recovering a
and backup

26. 2. Website
and blog
hosting

27. 3. Audio and video streaming

28. 4. Fetch data and analyze for forcast

29. 5. New mobile app
development and
servers

30. TYPES OF CLOUD
COMPUTING

31. Based on Service Model

32. I. SOFTWARE AS A SERVICE (Saas)
• With SaaS one can purchase a licensed software and the software
is centralized.
• SaaS can be used by companies to monitor their departments
such as HR department, sales tracking, communication and
product management.

33. II. BACKEND AS A SERVICE (Baas)
• Backend as a Service is a
server support to mobile
apps and websites to
avoid the bulky server
settings.
• These services are
powered by software
development kit and
application programming
interface.

34. III. PLATFORM AS A SERVICE (Paas)
• This service is also known as
Infrastructure as a service and
the individual can use the cloud
services for maintaining the
websites and application
without building a complex
infrastructure around it.
• It also supports testing and
deployment to support iOS and
android app developers

35. Example of PaaS:

36. Example:

37. Based on
Deployment

42. ADVANTAGES OF CLOUD COMPUTING
1. Flexibility - There is a high rate of flexibility.
2. Low Cost - Companies can save big by employing cloud computing
as it eliminates cost for hardware and software.
3. Speed & Scales - Traditional methods to buy and configure
hardware and software are time consuming
4. Easier Management of Data and Information - Since all data are
located on a centralized location, data are more organized making it
easy to manage.
5. Device Diversity - We can access our applications and data
anywhere in the world, on any system.

43. ADVANTAGES OF CLOUD COMPUTING
6. Increased Storage Capacity - Increased Storage capacity is another
benefit of the cloud computing, as it can store more data as
compared to a personal computer.
7. Easy to Learn and Understand - Since people are quiet used
tocloud applications like Gmail, Google Docs, so anything related to
the same is most likely to be understood by the users.
8. Automatic Updating – lt saves companies time and effort to update
multiples server.
9. Customize Setting – Cloud computing also allows you to customize
your business applications.

44. DISADVANTAGES OF CLOUD COMPUTING
1. Dependency: One major disadvantages of cloud computing is
user's dependency on the provider.
2. Risk - Cloud computing services means taking services from remote
servers.
3. Requires a Constant internet connection – The most obvious
disadvantage is that Cloud computing completely relies on network
connections.
4. Security - Security and privacy are the biggest concerns about
cloud computing.
5. Migration Issue - Migration problem is also a big concern about
cloud computing.

46. Conclusion
Cloud computing is a really cheap way for
companies to have all the resources they need
in once place. It's a much better way to spread
your resources, and it becomes easier to
access things from longer distances.

47. Lesson 3:

64. Lesson 4:
MAJOR DRIVES OF
ENTREPRENEURIAL
GROWTH

65. MAJOR DRIVES OF ENTREPRENEURIALGROWTH
• EconomicEnvironment
• Social Environment
• Compelling Factor
• Cultural Factor
• Facilitating Factor
• Physiological Factor
• Attitude of Government
• Educational and technical
Know How
• Financial Assistancefrom
Institutional Sources
• Accommodation in Industrial
Estate
• Accommodation in Industrial
Estate
• Encourage from Large Business
• Machinery on Hire-purchase

66. A. Economic Environment
One of factor affecting most important entrepreneurship is
economic environment. It comprises of capital, labor, raw
material and market demand.
a. Capital: is one of the most important factor of production
for the establishment of an enterprise. Increase in capital
investment in viable projects results in accelerating the
Entrepreneurship activity too gets a boost with the easy
availability of funds for investment. in profits which help in
capital increase process of formation.

67. b. Labor: Easy availability of right type of workers also effect
entrepreneurship. The quality rather than quantity of labor
influences the emergence and growth of entrepreneurship.
The problem of labor immobility can be solved by providing
infrastructural facilities including efficient transportation.
c. Raw Materials: it is one of the basic ingredient required
for production. Shortage of raw material can adversely affect
entrepreneurial environment. Without adequate supply of
raw materials no industry can function properly and
emergence of entrepreneurship to is adversely affected.

68. d. Market: The role and importance of market and
marketing is very important for the growth of
entrepreneurship. In modern competitive world no
entrepreneur can think of surviving in the absence of
latest knowledge about market and various marketing
techniques.

69. B. Social Environment
Strongly affect the entrepreneurial behavior, which
contribute to entrepreneurial growth. The social setting
in which the people grow, shapes their basic beliefs,
values and norms. The social factors can be
• Family Background – Joint Family can Provide Family
• Resources to Invest and Expand Family Business.
• Friends and Relatives, Religion, Social status

70. C. Compelling Factor
• Many a times, it is a compulsion rather than willingness which
forces one to become entrepreneurwhether he succeeds or
fails. Strong desire to do something independent government
incentives.
• To make use of their technical and professional skill or
Manufacturing experience business experience technical
know how excess funds lying idle can also encourage one to
become entrepreneur. Responsibility of maintenance of large
families, shortage of funds

71. D. Cultural Factor
• Tangible man made objects like furniture.
• Intangible concept like laws, morals
knowledge.
• Values and behavior accepted within the
society.

72. E. Facilitating Factor
• Elders are resistant to permit young
entrepreneur.
• Parents should encourage the young
entrepreneur.
• The success stories of entrepreneurs can be
incorporated in the curriculum.

73. F. Psychological Factor
• Achievement motivation means a drive to overcome challenges.
• This a personality characteristics which is a major determinant of
entrepreneurship development.
• Average level of achievement motivation existing in a society entrepreneurship
in the society ensures a relatively high amount of entrepreneurship in the society
o People with low achievement motivation work for money or other such
incentive.
o People with high achievement motivation work for status, prefer personal
responsibility for decision, take moderate risk and possess interesting concrete
knowledge of the result.
• The trait of need for achievement can be developed through vvarious training
programs.

74. G. Attitude of Government:
Government all over the world can play a very important role in the
emergence of entrepreneurship.Actions by the government can facilitate
growth of entrepreneurship whereas negative actions can adversely
Influence entrepreneurial emergence & growth. It is the Govt. which
regulates business activities.
• Govt. policies are going to influence all the decisions of the
entrepreneursregarding what to produce, how much to produce of what
quality to produce where to produce and for whom to produce.

75. • The entrepreneurs are to operate within the concessionsand
limits set by the govt. lt is in the interest of the potential
entrepreneur, to thoroughly scan the govt. policies before taking
decisions With regard to setting up his enterprise.
• Government should maintain a proper distribution of economic
power between private and public sector.
• They Encourage the tempo of industrialization by spreading
entrepreneurship to every city, town or village.

76. H. Education and Technical Know How
• Education, entrepreneurship and development are
interrelated. Education helps in the development of capabilities
of individuals which facilitates the emergence and growth of
entrepreneurship.
• In the modern competitive world to survive the entrepreneurs
have to keep an eye over the technological advances taking place
development provide opportunities for the entrepreneurs to
develop and produce new product.

77. I. Financial Assistance from Institutional Sources
• Liberal financial assistance from institution certainly
boosts moral of young entrepreneurs.
• The government grant finance to the entrepreneur on
concessional basis at the low rate of interest.
• Various types of subsidies, concessions and are given
to attract entrepreneurs in backward area.

78. J. Accommodation in Industrial Estate
• The industrial estate are meant to provide wide variety of
facilities to the entrepreneur. Including common production and
testing facilities.
• The provision of industrial estates has helped create
o New employment opportunity
o Disperse industry outside the concentrated cities
o Relocate the existing units operating in congestedareas
o Raise the efficiency of small units through common facilities.

79. K. Encourage from Large Business
• Reservation policy initiated by the government
prohibits the large houses to compete with
the small.

80. L. Machinery on Hire-purchase
• Entrepreneurs are supplied machinery through
liberalized terms and condition.

81. Lesson 5:

82. Introduction
If you’re an entrepreneur, the process of
pitching to investors is a lot like the dating
world. You only have a limited time to make
a good first impression and convince them
that you’re worth taking on a date. To do
this, you need to understand what they’re
looking for in an investment opportunity. If
not, then it’s very likely that your pitch will
fall flat or worse yet, be rejected entirely by
investors who can’t see past your idea or
business plan.

83. Investors Are Interested
In The Team, Not Just
The Idea

84. They Want To See The Balance Of Power

85. They See How You
Handle Their
Questions

86. They See How Are You Building
Your Network

87. They Want To See That You
Know Your Competition

90. They Wonder How You Will Use Their
Money

91. They’re Looking For A Great Storyteller

92. Turn A Question
Into An
Opportunity

93. How Do
Investors Weed
Out The Great
Entrepreneurs

94. Conclusion
A good investor should be able to
assess the potential of an
entrepreneur quickly, so they
don’t waste time on people who
don’t have what it takes.
However, it’s not just about
finding the right person; investors
also need to keep up with all the
new trends and technologies that
are emerging every day.

95. Lesson 6:
Importance of Corporate
Training for Business
(Mallee, 2018)

96. What is Training?
TRAINING is a learning
process that involves the
acquisition of knowledge,
sharpening of skills,
concepts, rules, or changing
of attitudes andbehaviours
to enhance the
performance of employees.

98. What is corporate
training ?

99. Business training programs are workplace learning
initiatives tailored to the unique needs of your business.
They’re designed to help employees develop skills that will
support the company’s strategic goals, such as increasing
productivity and boosting morale.

100. Importance of corporate training:
The world of work has changed dramatically in recent years
and will continue to do so. Typical employees have more knowledge
and responsibilities than employees just a few years ago. This is due
to the advent of advanced technology and data that can be used for
training purposes, but also the result of a workforce that is well
educated, mobile, and career driven.
Employees today expect ongoing training as part of their
career development plan. Therefore, corporations should invest in
ongoing training programs for their employees in order to encourage
retention, increase profits, and ensure successoverall.

101. Benefits of corporate
training programs for
employees

102. Increased Performance
• 74% of employees feel they aren’t reaching their full potential
due to a lack of development opportunities.
• Effective employee training programs addresses weaknesses
and strengthensexisting talents.
• Employees who have received sufficient training see improved
skills, greater competencyand increased confidence in their
abilities.
• These employees are therefore able to perform better in their
job and produce a higher standard of work.

103. Increased Productivity
• Companies that invest in training courses have 37%
higher productivity than those that don’t.
• Employees who are good at their jobs are capable of
completing work efficiently and are likely to get more
done than those who are struggling.
• The increased confidence achieved through
professional training also results in a greater sense of
enthusiasm and translates directly into increased
productivity.

104. Improved Morale & Motivation
• There is currently a huge disengagement crisis in the workplace
and job satisfaction has hit an all-time low.
• 1 in 3 people are disengaged at work.
• Companies who invest in training, create a supportive
environment to work in and show their employees that they
are valued.
• 65% of employees say that training and development positively
affects their attitude.
• Feeling appreciated, helps employees to feel more satisfaction
towards their jobs resulting in higher morale and motivation.

105. Increased Employee Retention
• 40% of employees with poor training leave their
job within the first year of employment whereas
only 12% of employees who say their company
has excellent training opportunities want to leave
their job.
• The provision of training and development has a
direct impact on employee retention and can
reduce the costs of recruitment.

106. Better Leadership & Decision Making
• There are many different types of corporate training
but training which caters for leaders is particularly
beneficial to a business.
• Leadership training works to improve the skills of
managers, and senior level staff and results in better
decision making and informed and intelligent
strategies to power the business.

107. Improved Company Reputation – attract top
talent
• A convincing and effective corporate development program
strategy helps your business to build a good reputation and
strong employer brand.
• Training is often seen as an additional employee benefit and
helps to attract top talent to the business.
• Companies who invest in training and development are
attractive to ambitious candidates who seek to improve their
skills and progress within their field of work.

108. Increased Innovation & Creativity
• Continuous training and up skilling of employees can
encourage the circulation of new ideas, collaboration
and creativity and result in increased innovation.

109. Increased Revenue
• Companies that invest in training have 21% higher
income per employee.
• When you consider all of the other benefits that
corporate training programs offers a business, all
essentially resulting in increased efficiency, it is not
hard to see how these can result in increased
revenue.

110. ACTIVITY NO. 2: Clip Review
Direction: Using your Google or YouTube, open the link and
watch (https://youtu.be/27vJg3v9AqM) for you to be able
to answer the following questions.
1. What is Cloud Computing? (1pts)
2. What are the goals of cloud computing, give at least 3 and
explain your answer. (2 pts. Each)
3. What are the uses of cloud computing?, give at least 3.

111. REFERENCE:
• https://www.youtube.com/watch?v=jVOrpjZZeUI
• https://www.slideshare.net/OECLIBOdishaElectron/cloud-computing-ppt-
79142235
• https://slideplayer.com/amp/13747529/
• https://slideplayer.com/amp/10192920/
• https://www.linkedin.com/pulse/strategies-entrepreneurs-can-use-procure-top-
hamid-rab-nawaz
• https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.slidesh
are.net/shrinivas1648/training-development-
• 73684328&ved=2ahUKEwjX2PDolNv8AhVEad4KHePXB7MQFnoECCEQAQ&usg=A
OvVaw3dcHJmix6vxjg3-jkb7596