NSTP2 (CWTS) - Module 7 (Week 10)

Introduction to Entrepreneurship00:00:00

Defines an entrepreneur as an individual who organizes, manages, and assumes the risks of a business. Key traits include self-confidence, optimism, creativity, innovation, flexibility, and receptivity to new ideas.

Essential Entrepreneurial Habits and Skills00:02:13

Discusses core competencies necessary for success, including leadership, planning, negotiation, communication, and decisive decision-making. Entrepreneurs must remain customer-oriented and maintain a strong work ethic.

Social Entrepreneurship00:05:07

Explains social entrepreneurship as being mission-driven rather than purely profit-driven. It focuses on societal growth and environmental protection, often requiring collaboration between government and private sectors.

Community-Based Enterprises00:08:07

Outlines the process of building community-based enterprises, which involves problem identification, idea generation, mobilization of resources, and stakeholder accountability to drive positive societal change.

Management Principles in Small Business00:11:49

Details the management pillars for entrepreneurs: Planning for the future, Organizing resources, Directing subordinates, Controlling business operations, and Staffing with competent personnel.