UNIVERSITY OF SOUTHERN MINDANAO
Technopreneurship
ES 223
Module 1
Module 1: The Foundations
of Entrepreneurship
• Introduction to Technopreneurship and
Entrepreneurship
• Entrepreneurial profile
• Potential drawbacks of Entrepreneurship
• Cultural diversity of Entrepreneurship
• How an entrepreneur can avoid becoming
another failure statistic
The Foundations of Entrepreneurship 2
Lecture 2: Entrepreneurial profile
ILO 2: By the end of the learning experience,
students must be able to:
✓Describe the entrepreneurial profile
Entrepreneurial profile 3
What is Entrepreneurial
profile?
Profile – biographical sketch
- where socio-economic factors were
considered such as:
1. Age
2. Sex
3. Income
4. Qualifications background
5. Type of education
Entrepreneurial profile 4
6. Experience
7. Caste
8. Religion
9. Family Background
10. Socio-economic features of family
11. Family environment
12. Family participation
Entrepreneurial profile 5
Entrepreneurial Personality
Entrepreneurial personality 6
Entrepreneurial Personality
1. Desire for responsibility.
- prefer to be in control of their resources, and
they use those resources to achieve self-
determined goals
2. Preference for moderate risk
- Entrepreneurs are not wild risk takers but are
instead calculated risk takers and see the
situation from a different perspective and believe
that their goals are realistic and attainable
Entrepreneurial personality 7
3. Self-reliance
- entrepreneurs demonstrate a high level of
self-reliance and do not shy away from the
responsibility for making their businesses
succeed
4. Confidence in their ability to succeed
- Entrepreneurs typically have an abundance of
confidence in their ability to succeed and are
confident that they chose the correct career
path.
Entrepreneurial personality 8
5. Determination
- also called “grit”, the ability to focus intently
on achieving a singular, long-term goal.
6. Desire for immediate feedback
- The feedback they receive from their
businesses drives them to set higher
standards of performance for their companies
and themselves
Entrepreneurial personality 9
7. High level of energy
- Entrepreneurs are more energetic than the
average person. That energy may be a critical
factor given the incredible effort required to
launch a start-up company
8. Future Orientation
- Entrepreneurs are not satisfied to sit back
and revel in their success, real entrepreneurs
stay focused on the future
Entrepreneurial personality 10
9. Skill at organizing
- Entrepreneurs know how to put the right
people together to accomplish a task.
10. Value of achievement over money
- money is simply a way of “keeping score” of
accomplishments—a symbol of achievement
Entrepreneurial personality 11
Most Important Qualities of an
Entrepreneur
Source: Nature or Nurture: Decoding the DNA of the Entrepreneur
Entrepreneurial profile 12
Online Group Exercise 1
Analyze and identify what type of entrepreneurial
personality the following exercise has and explain
why.
Entrepreneurial personality 13
Case No. 1
Entrepreneurial personality 14
Case No. 2
Entrepreneurial personality 15
Case No. 3
Entrepreneurial personality 16
Online Group Exercise 1
What conclusion can we draw from the
cases/research conducted on the
entrepreneurial personality?
Entrepreneurial Personality 17
Summary
ILO 1: Define Entrepreneurship vs Technopreneurship
• Entrepreneurship is the development of a business
from the ground up — coming up with an idea and
turning it into a profitable business.
• Technopreneurship is not a product but a process of
synthesis in engineering the future of a person, an
organization, a nation and the world.
Introduction to Technopreneurship and Entrepreneurship 18
Summary
ILO 2: Describe the entrepreneurial profile
Entrepreneurs have some common
characteristics, including a desire for responsibility,
a preference for moderate risk, confidence in their
ability to succeed, desire for immediate feedback, a
high energy level, a future orientation, skill at
organizing, and a value of achievement over
money. In a phrase, they are tenacious high
achievers.
Entrepreneurial profile 19
End of Topic
Thank you
Introduction to Technopreneurship and Entrepreneurship 20
