4 Filipino Entrepreneur

Lolita Hizon (Pampanga's Best)

With over 39 years of making the best tocino and other meat products in the country, Pampanga's Best continues to be the country's top household brands. Lolita's tocino empire started as a cottage industry in Pampanga which soon became a 9.5-hectare processing plant and is now considered one of the country's finest businesses.

Cecilio Pedro (Hapee Toothpaste)

Being the first Filipino to make a world-class toothpaste brand and because of his unselfish support to the community, Cecilio Pedro is now considered one of the country's best entrepreneurs. His business ingenuity has given the country a fresh alternative to what was originally purely multinational.

Manny Villar (C&P Homes)

His is the classic story of a poor Tondo-boy-turned-millionaire through hard work and perseverance. With just P10,000 as capital and an unimaginable amount of willpower, he started a small trucking business which later blossomed into a large-scale real property asset.

Alfredo Yao (Zest-O)

Every FIlipino child has enjoyed the thirst-quenching effects of a juice drink in tetra pack that this businessman introduced in 1980. Being interested in the packaging business, he realized the potential of doy packs in the juice industry, one thing other juice companies failed to see. Zest-O Corporation is now exporting products around the world.

  

Assignment #4

 Can you Understand
1. Evaluate the different entrepreneurial characteristics under PECs. How does applying similar characteristics  help us succedd in other areas of life. Explain your answer by giving examples?

1. Self Confidence
- shows confidence in his business because he knows he has done and is doing his best to give his clients best value for their patronage.

Ex. Some people shows total belief in the advantages of his services over the more expensive and impersonal shop.

2. Vigilance for Opportunities
- entrepreneur is a competitive field. Whe an entrepreneur sees an opportunity for bussiness, he is quick to take it.

Ex. Angela and her classmates need to submit a typewritten copy of the Branches of Science. Because of this, they are forcing her classmates to rent a computer. Angela has a computer, she offered it to encode her classmates' papers and 1 coin for a fee.

3. Commitment to work contract
- a entrepreneur always delivers his promise promptly.

Ex. Pat finishes the task that her classmates entrust to her even she also has paper works to do. She may learn time management.

4. Persistence
- an entrepreneur doesn't let setbacks lead to failure.

Ex. Because Fred was busy with his typing job. Fred sometimes mixes up his classmates papers and typing the wrong items. Instead of losing patience and quitting, he revises an get things right.

5. Willingness to Take Risks
- an entrepreneur knows that bussiness involves taking risks.

Ex. Because of perseverance, Pat saved enough money to buy another computer. She knew she would profit from it by renting it out to his classmates.

6. Demand for efficiency and quality
- a true entrepreneur doesn't settle for anything but the best.

Ex. Instead of buying low price items. Pat choose to buy expensive but can able to last long time.

7. Goal Setting
- Setting goals gives the entrepreneur a sense of purpose.

Ex. At first, Sophia only have one computer, but because of her classmates shares, she able to buy another computer. She then resolved to use all profts to buy two more computers.

8. Information Setting
- an entrepreneur is always searching for new information related to his bussiness.

Ex. Pat search for new informations related to his business . Her classmates started asking her to apply Internet connection. She made inquiries about the best Internet service provider in her area.

9. Systematic Planning and Monitoring
- The success of an entrepreneur relies greatly on his ability to make detailed plans before starting out ona a new venture.

Ex. At first Alfie carefully planned o the additional software to install in the units so that the systems will not slow down. He also installed a program that automatically records computer use.

10. Persuassion and Networking
- an entrepreneur with good product or service to offer is able to promote it convincingly.

Ex. After the installing of the owner  of the necessary applications, he convinced his classmates that they will have access to all the software they will need to do their assignment.

2. Explain how having The Personal Entrepreneur Competencies can help you become a successful entrepreneur?

 These characteristics makes us successful because it teaches us lessons, managemnets and being responsibility . At a very young age, we can adopt this characteristics by praticing it and getting it serious.

                                                                                                                            - Mojiera

Assignment #1

 Page 6
James: Characteristics

Faith in God
Strong Will
Perseverance
Hard working
Determination

Page7
a. James grew up in a poor family where he learned the importance of hard work.
b. He realized he wanted to make it his profession someday.
c. He will not succeed in life.


Page 8


Marie: Characteristics

Hard working
Strong Will
Determination
Smart


a. They are working hard and have a strong will.
b.Marie finished her studies while James didn't finish
c. Because Marie got 2 jobs in 1 day.
d. They both succeed because they have strong will and determination.


Page 9


Food Service
 Tony Tan Caktiong - founder of Jollibee.
 George Yang - founder of McDonalds Ph
 Harland Sanders - founder of KFC
 Page 10
Enrichment Activity


If I were an entrepreneur, I would be in the catering business because no matter what happened, people will always eat. I believe in this business I could easily prosper.

Assignment #3

Personal Competencies of an Entrepreneur

• Leadership qualities – A businessman or woman must be able to lead his or her staff members as well as other associates. He or she must be able to guide others in carrying out business and make a success of it.
• Decisive – A successful businessman or woman has to be very decisive. He or she has to take many decisions sometimes on the spur of the moment. Any vacillation in decisions could affect their business. They have to be very firm in their decisions. Also, while taking decisions they must not get influenced by others. They should be able to take decisions independently.
• Risk-taking – Business involves many risks, which a business person must not hesitate to take. Lot of financial involvement is there and obviously one has to be careful with investments. Yet risks have to be taken in money matters as well. Sometimes a businessman may lose out on his or her venture, but when he or she make a success of it then he or she has much to gain, both financially and from a personal satisfaction point of view.
• Confident – Achieving success in business requires confidence. A businessman or businesswoman has to be sure of him or herself about reaching the set targets of success. Diffidence does not help. Self-image is enhanced, when one is confident.
• Willingness – A businessman or woman must be willing to undertake any matters concerning their business venture. He or she must not hesitate for personal or other reasons. Willingness to extend a helping hand is very essential.
• Enterprising – One has to be enterprising in order to achieve significant results in business. He or she has to have the zeal to do things. A laid- back approach will not help.
• Innovative – New ideas help make a business venture successful. A successful businessman or woman must be innovative and always strive for something better. New concepts must be formulated and new ways of doing business must be thought of.

A businessman or woman has to very competent to achieve scale the ladder of success. Certain attributes are essential for him or her to establish their business on sound footing.

Assignment #2

LIGHT BULB
http://www.catalogs.com/info/gadgets/who-invented-the-light-bulb.html

Let there be light

Today the light bulb is one of the most common illuminating devices around but this simple luxury was designed less than 200 years ago. Similar to any other great invention, like the invention of the internet, many scientists contributed to the invention of the light bulb, including the famous Thomas Edison. A glimpse into the 1800s provides details on just how the light bulb became what it is today. 

Converting Electricity to Light Before the light bulb was invented, people had to rely on candles and torches during the evening hours. Oil lamps were also used, however they left a messy residue of soot on anything close to them. 
Starting in the early 1800s, inventors looked for ways to convert electricity into light. Sir Humphry Davy, an English physician, successfully passed an electric current through platinum strips in 1801. Unfortunately, the strips evaporated quickly and Davy was unable to create a light that lasted more than a few minutes. 

In 1809 Davy created what would become known as the Arc lamp. He made an electrical connection between two charcoal rods connected to a battery. The light from this was very bright but small. 

For the next 50 years, others sought ways to lengthen the amount of time the light source would remain. In 1840 Warren de la Rue, a British scientist, placed a platinum coil in a vaccum tube. When he passed an electric current through it, light was formed. This design was efficient and the light lasted longer, but platinum was very expensive which made it impossible to be distributed on a commercial level. 

In 1841 Frederick de Moleyns of England was given the first patent for an incandescent lamp. His design used powdered charcoal. He heated this material between two platinum wires in a vacuum bulb. 

Joseph Wilson Swan Joseph Wilson Swan was born in 1828 in England. He worked as a physicist and chemist. Swan wanted to produce a practical, long-lasting light source. He used a carbon paper filament in his light bulbs. In 1878 he received a British patent for his light bulb. Swan began placing light bulbs in homes throughout England. By the early 1880s he had started his own light bulb company. 

Thomas Edison While Swan worked in England, Thomas Edison was busy in the United States. He experimented with thousands of different filaments. His goal was to find materials that would light well and last for a long time. He brought in various metals and supplies from all over the world. 

Then in October of 1879, Edison had a breakthrough. He carbonized a piece of sewing thread. Using this as a filament, he was able to produce a light bulb that burned for thirteen and a half hours. By bending the filament, he could make the lamp burn for over 100 hours. Eventually Edison invented a bulb that could glow for more than 1200 hours. He received a patent in 1880 for his light bulb. It had the same features of today's modern light bulbs: an incandescent filament in a glass bulb with a screw base. 

The Real Inventor of the Light Bulb When the question is asked, who invented the light bulb, Joseph Swan and Thomas Edison are usually given credit. However, both of these men worked off of previous inventions. Historians estimate that over twenty inventors worked toward the creation and design of the light bulb. Of these, Edison's version was the most efficient. 

When studying who invented the light bulb, it is appropriate to credit numerous inventors that lived during the 1800s. Even after Swan and Edison, others continued to improve the light source. The light bulb, as we know it today, is a result of much time and effort. Remember that the next time you flip on the switch!