TLE – ICT

Week 1 – Day 1
THE IDEAL ENTREPRENEUR
• Identify the sellers and buyers.

Define entrepreneurs
Discuss the qualities of an ideal
entrepreneur
 Let’s Think!
Have you family own a business?
Or relative?
What kind of business they have?
Do you know who the owner of
Jollibee is? Or National Book
Store? Or the Philippine Airline?
These people below are what we
called entrepreneur or
businessmen.

Lucio Tan – Owner of Tony Tan – Owner of

Philippine Airline Jollibee
Socorro Ramos –
Owner of National
Bookstore
What is entrepreneur?
Entrepreneur means a person
who organizes and operates a
business or businesses, taking
on greater than normal
financial risks in order to do
so.
• Do you want to be like them?
Then let us learn what the best
characteristic of a good
entrepreneur are.
 Discussion
This means an entrepreneur is someone who is
willing to put up the capital needed to set up a
business fully aware of the risks involved. He or she
plans, organizes, and manages the business, hires
the people to
help run it, and ensures that the product or service
being offered is sold at a reasonable price in order
to earn.

Entrepreneurs play a key role in any economy, using

the skills and initiatives necessary to anticipate
needs and bring good new ideas to market.
 Discussion
Qualities of an Ideal Entrepreneur
Industrious
• Displays hard work and perseverance in the
face of challenges; utilizes skills to diligently
carry out tasks or make goods.
Innovative
• Has the ability to envision future needs or
demands and create new opportunities,
products, and services to meet these demands.
Honest
• Does not engage in deceptive or fraudulent
acts; displays sincerity at all times.
Persistent
• Does not easily give up or let go.
Caring
• Understands the feelings, concerns, and
needs not only of his or her customers but
also his or her workers.
Helpful
• Is always available to provide assistance.
Faith in goodness and righteousness
• Conducts business fairly and cultivates a
culture of righteousness
Organized yet flexible
• Is able to adapt to any change yet remain logical
and organized
Confident
• Feels or shows certainty, as of success.
Strategist
• Is a careful planner; sets long term goals and
plans and executes a well thought of strategy in
order to achieve them.
Prudent
• Is never wasteful and always ensures that all
resources are used wisely and every bit of raw
material does not go to waste
Determined
• Is a go-getter and an achiever; acting on a dream,
vision, and plan, no matter how hard it may seem at
first
Knowledgeable
• Is well-trained and possess information and
understanding of concepts necessary to run a business
venture
High quality philosophy
• Strives for excellence and perfection to exceed
customer satisfaction
Takes calculated risks and knows how to match
opportunities with market realities; takes on risks
anticipating business profitability and chances of
success.
Instruction: Complete the
cloud map. Give a simple
example of the given
characteristic.
Instruction: Choose thumbs up if the situation
define a good characteristic of an
entrepreneur and thumbs down if not.

1. Thalia is a goal getter.

2. Joshua doesn’t want to take a risk
for his small business.
3. Lian, is indecisive towards her plans
for her business.
4. Joana always think the best for her
customer in picking products.
5. Haylee, checking what is on thread
nowadays that helps her business
grow.
 Let’s reflect
Who can be an ideal
entrepreneur?

What are the characteristics and

values that help individuals
become successful entrepreneurs?
 TLE – ICT
Week 1 – Day 2
Identifying the Buyer
and the Seller
 Let’s think!
Do you think you have
characteristic of an entrepreneur?
What kind of characteristic is it?

In the future do want to own a

business? What kind of business?
Can you tell what’s on the picture?

What do you think is their roles?

From above, let us now know more
about the seller and the buyer.

What do you think you are? Are

you the seller or the buyer?
 Discussion
Starting your own business entails serious hard
work. It involves,
among others, activities such as research,
planning, testing, developing, marketing, and the
like.
What type of business do you want to get into? A
business involves
selling a product or service or both.
A product is something that is manufactured
following a process,
in order tobe sold for a profit.
A service is a facility supplying a public or
market needed or
demand. Some examples are hair salons offering
hair care and hair
 Discussion
There are two people or parties involved in
business transaction
such as selling and buying, the seller and the
buyer.
1. The Seller
- owns or manages a store or business
establishment
- offers goods, products, or services to those
who need it
- must learn the art of selling
- must maintain good relationships with people,
patient, and
courteous towards the prospective consumers or
buyers. Sells products, goods, or services at a
specified
amount called selling price.
 Discussion
• 2. The Buyer
- buys goods or services from the
seller
- is also a consumer who makes
use of the goods to meet
his/her needsor wants and those
of his family
- also called the end user
because they use the good or
product or service in order to
meet the needs and wants of
consumers and derive
satisfaction from it.
Below are the duties of a seller:
1.Make business fairly with buyers
2.Deliver on time, with proper care and place of
delivery
3.Provide warranty for the product sold to the
buyer.

The seller sells products, goods, or services at a

specified amount
called his selling price, while buyer is the
person who buys goods or
services from the seller.
Instruction: Read the following statements
below. Identify and write B if it refers to the
Buyer and S if it’s Seller.

1. Invest to the products and

materials of the item.
2. Give feedback to an item or
services.
3. Making sure of the good service in
the business.
4. The one who consume the
products.
5. Keeping the trust of the customer.
 Let’s Reflect
Differentiate buyers from sellers.
Based on your point of view or
experiences, discuss the
important roles of buyers and
sellers in business.
 TLE – ICT
Week 1 – Day 3
Produce Simple
Products
 Let’s Think!
What are the best products or
services that you already
encounter? It can be food, toy, or
any purchases.

Where do you buy these products

nowadays?
 Small Group
In a small group, share your
insight on what kind of business
to you want to get into? What kind
of product or services.
 Discussion
• A product is something that is
manufactured following a
process, or grown and nurtured
in order to be sold for a profit.
An ideal entrepreneur desires to
establish business that will be
able to produce simple products.
Starting your own business entails
serious hard work. It involves,
among others, such as activities
as research, planning, testing,
developing, marketing, and the
like.
Hints to help one decide what type of business
to get into:
• Start with a hobby or interest.
• Produce something that you can offer or sell
to your friends and school mates.
• Products that are always in demand are food
items.
• Start small before you think of producing
bigger quantities.
• Do some research and investigation.
• Observe people and their food preferences.
• Check existing products in the local market.
Things to remember when putting up a
business:
• Keep your cost down while maintaining
the quality of your product.
• Make sure to canvass and find out where
you can get your materials and supplies in
the best price available.
• Purchase ingredients in a store or market
that sells fresh produce.
• Packaging must be of good quality to
affect its saleability.
Instruction: In a bond paper, think
a product or services that you
want to offer to your customer. Try
to have a price list for each
product or services.
After your activity on your bond
paper. Share it to the class.
Write down you costing to your
product.
What are the prices of ingredients
of materials?
Materials Quantity Price
You may use the table.
What are the things to remember
when putting up a business?
 TLE – ICT
Week 1 – Day 4
Based on our discussion, do you
think that business is easy? Why?
Or Why not?
 Reflection Time!
Read and answer the following questions
below.
1. What business can you create out of the
things you enjoy doing?
Name at least three.

2. Do you think people need the product or

service that these businesses offer? Why?

3. Do you think people are willing to buy

these products or services? Why?