Inquiries, Investigation,

and Immersion
(Feasibility Study)
12
2
Inquiries, Investigation, and Immersion (Feasibility Study) – Grade 12
Quarter 1 – Module 2: The Opportunistic Entrepreneur
First Edition, 2020

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 Inquiries, Investigation,
and Immersion
(Feasibility Study)
12
Quarter 1
Self-Learning Module 2
The Opportunistic Entrepreneur
Introductory Message

For the Facilitator:

Welcome to the Inquiries, Investigation, and Immersion (Feasibility Study)

Self-Learning Module 2 on The Opportunistic Entrepreneur.

This Self-Learning Module was collaboratively designed, developed and

reviewed by educators from the Schools Division Office of Pasig City headed by its
Officer-in-Charge Schools Division Superintendent, Ma. Evalou Concepcion A.
Agustin, in partnership with the City Government of Pasig through its mayor,
Honorable Victor Ma. Regis N. Sotto. The writers utilized the standards set by the K
to 12 Curriculum using the Most Essential Learning Competencies (MELC) in
developing this instructional resource.

This learning material hopes to engage the learners in guided and independent
learning activities at their own pace and time. Further, this also aims to help learners
acquire the needed 21st century skills especially the 5 Cs, namely: Communication,
Collaboration, Creativity, Critical Thinking, and Character while taking into
consideration their needs and circumstances.

In addition to the material in the main text, you will also see this box in the
body of the module:

Notes to the Teacher

This contains helpful tips or strategies that
will help you in guiding the learners.

As a facilitator you are expected to orient the learners on how to use this
module. You also need to keep track of the learners' progress while allowing them to
manage their own learning. Moreover, you are expected to encourage and assist the
learners as they do the tasks included in the module.
 For the Learner:

Welcome to the Inquiries, Investigation, and Immersion (Feasibility Study)

Self-Learning Module on The Opportunistic Entrepreneur.

This module was designed to provide you with fun and meaningful
opportunities for guided and independent learning at your own pace and time. You
will be enabled to process the contents of the learning material while being an active
learner.

This module has the following parts and corresponding icons:

Expectations - This points to the set of knowledge and skills

that you will learn after completing the module.

Pretest - This measures your prior knowledge about the lesson

at hand.

Recap - This part of the module provides a review of concepts

and skills that you already know about a previous lesson.

Lesson - This section discusses the topic in the module.

Activities - This is a set of activities that you need to perform.

Wrap-Up - This section summarizes the concepts and

application of the lesson.

Valuing - This part integrates a desirable moral value in the

lesson.

Posttest - This measures how much you have learned from the
entire module.
 EXPECTATION

In this new module, you are expected to:

 identify the three (3) key factors that “make” an entrepreneur;

 discover the right attitudes and principles of an entrepreneur;
 prepare your mindset and attitude, for the actual feasibility study.

PRE – TEST

Please answer the following questions briefly. Limit your answers to 2 sentences.
1. What is an ideal entrepreneur or businessman for you?
2. What are you most passionate about?
3. What annoys you the most and why?
4. What keeps you busy at this time of pandemic?
5. Have you ever thought of going into business, particularly online, during this
time?
6. If yes, what business would that be and why?
7. If no, what else would you like to do, aside from preparing for our online
classes?
 RECAP

We have identified from the last module the basic differences of the Feasibility Study
and the Business Plan.

The feasibility study is done to assess if the business idea of a would-be entrepreneur
is feasible or will be successful.

While the business plans are done within the existence of a business, to further grow
or take one’s business to the next higher level.

LESSON

Let us now get to know well the person behind all these studies – The Entrepreneur.

Why is it important to know him? Let’s discover!

THE OPPORTUNISTIC ENTREPRENEUR

The world of business is like a vast ocean with so many things to offer. Fishes, big and
small, pretty or not, and a lot more unusual creatures. Getting into business is also like
being lost in a jungle, exposed to different dangers, fears, or for some, getting into lots
of fun and adventure.

Entrepreneurship, like the ocean and the jungle, it has the best and worst of
everything. Competition and success, competitors and partners, good and bad
products/services. It requires a lot from the business owner, aside from his money and
assets. He needs to have the mind, the heart, and the spirit.

According to a known Filipino Business Guru, Mr. Eduardo Morato Jr., there are three
(3) key elements an entrepreneur or would-be entrepreneur should have to see and
seize all the best for his business.
The Entrepreneurial Mind Frame (Proactiveness)

The entrepreneur's mind frame is always in the proactive mode. Proactive in the sense
that you can never shake him with whatever challenges come his way. He sees the
good in everything, regardless of the situation. The positive side allows him think about
how to make things so much better. Negative or unfavorable situations give him the
challenge to convert these into opportunities.

Being proactive is also about seeing his own strengths and weaknesses, while taking
his weaknesses again as another opportunity to improve or maybe be different in other
ways.

UBER.

Even before the existence of Grab, Transportify, and other car-sharing companies,
UBER has already been in the international market. Celebrities abroad would even
use the service for their work-related events. UBER, aside from carpooling, also offers
rental services for cars of different types, from a regular sedan (small/typical cars) to
luxury line cars.

Uber was created back in 2008 by two friends, Travis Kalanick and Garrett Camp,
when they attended an annual tech conference in Paris.
That winter night after the event, they had a hard time getting a cab in the city. That
simple situation gave them the business idea to create a carpooling service. The initial
plan was a timeshare limousine service that could be ordered via an app. As the plan
progressed, UBER was born offering the car-share service that applies to all types of
market (customers) – from regular passengers to the celebrities.
The situation may have given them an unfavorable experience, but because of their
open-mindedness and proactivity, they were able to create not just an idea, but a
business empire known globally.

The entrepreneurial mind frame is about gratitude in all circumstances. It's about
acceptance of what you have. It's about being resilient and not being shaken by
challenges.

How about you? What are the things that annoy you? Among these, is there
any that you can consider as a source of business ideas?
The Entrepreneurial Heart Flame (Passion and EQ)

The entrepreneur or would-be entrepreneur knows himself so well. He knows what he

wants. He knows how, where, and when to best use his skills and talents. The
entrepreneur is always passionate in everything he does. He puts his heart into it. “He
do what he loves, and loves what he is doing.”

He also values the emotional aspect of his actions. His EQ equates his IQ, or for some,
even exceeds. He takes responsibility for all actions and decisions he makes.

He is more of a leader, than a boss. His goal is to grow, and at the same time, for his
employees or subordinates to grow as well. He leads his team, and not just point
fingers to people then ask them to do what he wants. He is the master of all his actions.

GINA LOPEZ (2015-2019)

She is a part of the Lopezes who own giant businesses in the country, which includes the
TV network, ABS CBN. She was the “short-lived” DENR Secretary appointed by President
Duterte.

Lopez is an active environmentalist and philanthropist who chose to leave her privileged
life in the country after studying in the United States. She became a yoga missionary for
twenty dedicated years and lived in Portugal, India, and Africa. There she taught yoga and
ran pre-primary schools and children's homes for the underprivileged. She lived among
the people of slum areas in Africa guided by the slogan ‘Service to humanity is service to
God’.

When she returned to the country she initiated corporate social responsibility programs for
the environment and Filipino communities. She became the Managing Director of the ABS-
CBN Foundation, paving other ways for her goodness, including Bantay Bata, Bantay
Kalikasan, the educational show Sine Skwela, Basey Tikog in Samar that sells bags,
handmade by the women victims of Typhoon Yolanda, and a lot more.

Entrepreneurial heart flame is about the entrepreneur’s passion to lead, to succeed,

and to help. It’s about the entrepreneur’s heart for people and his society. A
responsibility that is beyond the four corners of his office.
The Entrepreneurial Gut Game

The entrepreneur trusts his guts, his intuitions, and always dares to do what he
believes is right. He is impulsive, but in a careful manner.

He's a risk-taker but knows when to stop. He doesn't waste time and energy on
uncertain things or events. Even if he fails, he doesn't stop, he continues to move
onward.

EHJE’S NUTTY FOOD CORPORATION

Ehje’s humble beginning is something one can take inspiration from. The owner, Ehje,
was then a typical laborer in a big manufacturing firm in the country, while her
husband works as a company driver. Despite their jobs, their earnings are still not
enough to make “ends meet”.

At first, Ehje would sell processed food like tocino and longganisa to her co-workers
to get by. One day, during her visit to the grocery, she noticed peanuts and bought it
at P48 a kilo. She mixed the nuts with salt and sugar, then came up with a very unique
peanut butter recipe. This gave her again the idea to sell her very own peanut butter
to her co-workers, which instantly became a hit.

As her “suki” increases, the business opportunities for her products grew alongside.
From selling to small local bakeries, they were able to close a deal with a big bakery
chain, as its peanut butter supplier. This then started their journey as a company,
making their products available at SM Hypermarts and The French Baker.

The entrepreneurial gut game is about trusting your guts, because for most successful
entrepreneurs, guts are the best business tools they ever had. Trust your gut, listen to
your inner voice, then go on, drive forward believing so hard that you can.

Can you try to reflect now? Can you hear your inner voice? Are there things that you
long plan to do, but having thoughts about whether to do it or not? Let’s do the gut
game!
 ACTIVITIES

Answer the following questions briefly, in two sentences only.

 What kind of activities or tasks do you love doing?

 What topic/s interest you?
 What achievements do people usually praise you for?
 What competencies do I have, to become an entrepreneur?
 What kind of person are you?
 What are your innate talents or intelligence?
 What things make you happy and energized?
 What factors drive you to work very hard?

WRAP – UP

We all have our strengths and weaknesses, failure and success stories, and principles
to believe in. We have the individualities that set us apart from others.

 Using the three examples provided, describe what kind of entrepreneurs are
they?
 What made these entrepreneurs successful?
 What is success and fulfilment for you?
 If you will be given a chance to become an entrepreneur someday, which
among the three factors we have discussed will you consider first and which
one should come last? Why?
 VALUING

 What inspires you continue achieving for your dreams?

 What will stop you from achieving for your dreams?
 If you will be given the power to see your future, what do you think will be your
biggest success and failure?

REFERENCES

A Trilogy on Entrepreneurship by Dr. Ed Morato

(Bayan Academy Foundation)
Ehje’s Peanut butter
https://news.abs-cbn.com/business/11/01/13/peanuts-millions-meet-pinay-behind-ehjes-
peanut-butter
The Story of UBER
https://www.investopedia.com/articles/personal-finance/111015/story-uber.as
Gina Lopez
https://en.wikipedia.org/wiki/Gina_Lopez
Trusting Your Guts
https://www.forbes.com/sites/chipwilson/2018/06/14/trusting-your-gut-is-the-best-
business-tool-youve-got-if-you-can-listen/#3e6406bc4b16