Entrep Module 1
Entrep Module 1
COURSE MODULE IN
       ENTREPRENEURIAL MIND
                     MISSION
   An academic institution providing technological,
    professional, research and extension programs to
   form principled men and women of competencies
        and skills responsive to local and global
                   development needs.
               QUALITY POLICY
     Northwest Samar State University commits to
       provide quality outcomes-based education,
      research, extension and production through
   continual improvement of all its programs, thereby
          producing world class professionals.
                 CORE VALUES
      Resilience. Integrity. Service. Excellence.
PROGRAM OBJECTIVES:
      Graduates will master the performance standards that are required in the
       Technician Competency Skills Assessment (TCSA).
      Graduates will achieve a high level of technical expertise so that they are able
       to succeed as industrial technologist that will conduct technological
       innovations, create innovative and market-driven products and develop highly-
       marketable technologies.
      Graduates will pursue lifelong learning such as graduate studies and other
       advance technical seminars and trainings.
      Graduates will fulfill values, professional and ethical responsibilities as
       industrial technologist including social, environmental and economic
       considerations.
      Graduates will contribute to the total quality management of an industrial
       organization.
                     MODULE STUDY GUIDE
Grading Criteria:
RATIONALE
Blended learning (BL), or the integration of face-to-face and online instruction (Gra-
ham 2013), is widely adopted across higher education with some scholars referring to
it as the “new traditional model” (Ross and Gage 2006, p. 167) or the “new normal” in
course delivery (Norberg et al. 2011, p. 207).
Blended learning (BL), or the integration of face-to-face and online instruction (Gra-
ham 2013), is widely adopted across higher education with some scholars referring to
it as the “new traditional model” (Ross and Gage 2006, p. 167) or the “new normal” in
course delivery (Norberg et al. 2011, p. 207).
         Blended learning or the integration of face-to-face and online instruction
(Graham, 2013), is widely adopted across higher education with some scholars
referring to it as the “new traditional model” or the “new normal” in course delivery
(Norberg et.al 2011). Because of this, the school develops a self-directed approach
to all learners through creating modules. This module has pedagogical approach in
which students will be able to manage the complexity of projects, assignments,
quizzes, essays and seek feedback from their classmates, work on their own and
reflect on what they have learned. This is a challenging part for students and
teachers as well as the school. However the new instructional practices should be
reinforced for continuing education. In all of these technology is a tool to drive the
student learning.
       In the forgoing approach of this module there are underlying sections here
that the learners’ should consider:
Blended learning (BL), or the integration of face-to-face and online instruction (Gra-
ham 2013), is widely adopted across higher education with some scholars referring to
it as the “new traditional model” (Ross and Gage 2006, p. 167) or the “new normal” in
course delivery (Norberg et al. 2011, p. 207).
Blended learning (BL), or the integration of face-to-face and online instruction (Gra-
ham 2013), is widely adopted across higher education with some scholars referring to
it as the “new traditional model” (Ross and Gage 2006, p. 167) or the “new normal” in
course delivery (Norberg et al. 2011, p. 207). Explain the learning plan reflected in your
respective modules.
         Let’s hit these (objectives) this section presents the objectives of the lesson
including the learning outcomes.
        Let’s get started (enabling activity) this section presents the motivational
activities for you to have a background of the lessons.
        Let’s find out (analysis) this section gives the students an idea to analyse the
situational study or case analysis wherein they will be given a chance to express
their own ideas.
      Let’s read (any readings for enrichment) this is where the reading text is
presented in order to deepen the knowledge of the students in a certain topic or
lesson presented in each module.
        Let’s remember (summary of the lesson) this is a short summary or synthesis
of the lesson which highlights the key concept about the reading material(s) provided
in this module.
      Let’s do this (formative assessment) this section presents the different ways
of assessing the students’ comprehension. It could be a quiz, essay type of test,
case study or position paper essay.
       Let’s check (answer’s key) this section shows the reinforcement activity that
shows whether students are on the right track. The teacher assists the student’s
interpretation, analysis and understanding on the activities given in order to achieve
the objectives of the lesson.
COURSE CONTENT:
      The table below shows the outline of the topics to be discussed in the lecture
per week vis-à-vis the course outcomes. It is designed based on the course syllabus
approved by the college Dean in the College of Engineering and Technology.
       D. Identify requirements
       of implementing an
       entrepreneurial concept.
2   A. Discuss the different   Module 2 -                Quiz on the
    modes of acquiring         Entrepreneurial           reading material   First week of
    wealth and its value.      Opportunities                                March
                                                         Essay (based
    B. Identify different      I. Creating Sustainable   on the reading
    business models of         Wealth                    comprehension
    SMEs in the                II. Entrepreneurial       part)
    Philippines.               Ventures in the
    Models: Traditional:       Philippines               Sample product     4th week of
    Sole; Partnership;                                   campaign ad        March
    Inc Emerging Tech                                    posted in social
    Start-ups Social                                     media
    Entrepreneurship
    Angel Investing
    Others
3   A. Describe the            Module 3 - Building a     Integration of     First week of
    different parts of a       Sustainable Brand         business           April
    business plan.                                       planning with
                              I. Business Plan           business
    B. Identify the           Overview                   opportunity
    different        problem-                            identification
    solving strategies.       II. Problem-Solving        and selection.
                              Strategies
    C. Formulate strategies                              Application of
    that are applicable                                  different
    in the students’                                     problem-solving
    business ventures.                                   tools.
                                                         Concept paper
                                                         of
                                                         product
                                                         localization
                                                         through graphic
                                                         organizer
                                                                        4th week of
                                                                        April
4   A. Explain the impact      Module 4 - Networking     SWOT Analysis First week of
    of the ASEAN                                         of the product May
    Integration to the         I. Global trends in       localization
    Philippines.               business - The
                               Supply Chain              Individual/Group
    B. Understand the value    ASEAN Integration         Presentation of
    a community of success                               proposed
    by learning how to                                   business
    connect and collaborate                              ventures
    with innovators,
    entrepreneurs, mentors
    and trusted advisors
    who can assist in
    transforming
    entrepreneurial ideas
    into sustainable
successes.
C. Stimulate creativity   4th week   of
and critical thinking     May
in identifying
opportunities and
apply innovative
approaches in
envisioning ones
entrepreneurial
career
                                  MODULE 1
Module Title:               Overview of Entrepreneurial Mind
Module Guide:
       1. Read the module guide in order to learn the topics included in this module;
       2. Read and understand the reading text presented in this module;
       3. Answer each of the reading comprehension given which serves as
       assessment;
       4. Explore the links or sources given for further readings;
       5. Enjoy doing the activities while exploring the concepts of this course.
Module Outcomes:
Module Requirements:
       At the end of this module, the students will be able to assess their individual
personality through assessment tasks and able to design a business concept for
future business ventures.
Module Pre-test:
The students are expected to answer the activity prior to the reading text.
Key Terms:
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Lesson 1
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Let’s Get Started:
       Name some Small and Medium Enterprises (SMEs) companies in the
Philippines which become famous and expand their business into different branches
here (and abroad). Can you trace how their business started? What makes their
business successful? You may search the background of the company through
Youtube, online article, webpage, or interview a local business owner in your locality
(optional). Kindly use the table below to present your answers.
1.
2.
4.
5.
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       RUBRIC FOR CONSTRUCTED RESPONSE (SHORT ANSWER ESSAY)
ANSWER
            There is no answer or    The answer is partly       The question is
            the answer has           correct, incomplete, or    answered fully and
            nothing to do with the   student does not show      correctly, showing
            question.                a clear understanding      that the writer knows
                                     of how to proceed.         what is being asked.
                                     Answer responds to
                                     questions not asked.
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Let’s Find Out:
       After doing the activity, in this module let’s find out what
entrepreneurial mind is all about, essential characteristics of
entrepreneurial mind, and other core concepts of
entrepreneurial mind. And other key concepts such as:
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Let’s Read:
Entrepreneurial mind frame allows the entrepreneur to
see things in a very positive and optimistic light in the midst
of crisis or difficult situations.
Passion is the great desire to attain a vision or fulfill a mission. It is about wanting
something so much that a person would be willing to totally devote oneself to the
quest.
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             5 Essential Characteristics of The Entrepreneurial Mind
1. Creativity
The seed of entrepreneurship is the ability to see things differently. Whether it's with
new products or new processes, entrepreneurs are driven by the uncanny knack to
see holes in the marketplace and devise innovations to fill them.
2. Suspicion of predictors
Entrepreneurs tend not to labor under the assumption that data is the sole predictor
of an outcome. Especially in new markets and with new products where data is
largely interpretive or extrapolated, entrepreneurs are undaunted by the typical
predictors that may put off fainter hearts.
3. Comfort with uncertainty
Similarly, a distrust of prediction and analysis creates an atmosphere where
uncertainty rules. Indeed, uncertainty is the very essence of entrepreneurship.
4. Openness to experimentation
A comfort with experimentation goes beyond educated trial and error. The ability to
experiment with products, processes and outcomes, no matter where the results
may lead, is the key element of this quality
5. Functional humility
Egos can destroy the very best ideas. Entrepreneurs who are committed to solving a
business problem or reinventing a product or service display a functional humility.
Yes, as humans we are all unique. Yet, there are definite qualities of an entrepreneur
– ways we tend to think and act. Although there is no entrepreneurial gene we are
either born with or not. I know for a fact that successful entrepreneurs think and act
in similar ways — no matter how different we are as individuals – they think like
entrepreneurs.
Some entrepreneurs want to change the world. Others simply want to make money
online and provide a better life for themselves and their families. Some of us want to
do both.
Your ability as a decision-maker will make or break your future successes. In fact, at
the opposite end, indecision is one of the greatest causes of business failure.
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When you cannot decide what to do, you delay taking action. In other words, you do
nothing. Think about how many dreams (and businesses) failing to take action has
killed.
Like many other skills an entrepreneur needs, being decisive is a skill that can (and
should) be practiced and strengthened in your day to day life — starting with the
tiniest decisions.
2. CONFIDENCE: There are many skills you will need to learn to accomplish
everything you want in life. But how do you act confidently when you don’t know
what you are doing? You learn to act with confidence, the second characteristic of
the entrepreneurial mind-set and one of the most important qualities of an
entrepreneur.
It is essential that you get used to the uncomfortable feeling of knowing that you
don't know what you’re doing. Whether it's getting on stage to speak, launching your
product, or learning how to start a blog and publishing your ideas to the world, we
tend to see others doing it and incorrectly assume they've always been good at it.
From this moment forward, you must accept responsibility for everything in your life
and hold yourself accountable to it.
       “The only people who don’t make mistakes are the ones who don’t do
                                   anything.”
5. HUMILITY: Humility is freedom from pride or arrogance, and it ties all of the
characteristics of entrepreneurship.
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From decisiveness to confidence, humility will keep you focused and centered.
From accountability to resilience, you will continue to move forward through failure,
mistakes, and upsets. This is accomplished with humility.
“If you are the smartest person in the room, you are in the wrong room.”
To be clear, mastering your entrepreneurial mindset is not easy. Nobody said it was.
The most important thing is to start by following a proven formula. You need to go
into this journey knowing you can get past any obstacle that comes up — because
you can and will.
Let’s Remember:
Our mindset is the underlying mechanism that can expose opportunities and ignite
our ambition, engaging our faculties in ways that enable us to flourish and thrive.
Yet, our mindset can also blind us to opportunities and hinder our ability to learn and
grow, keeping us tethered to familiar, yet unproductive patterns of thought and
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action.
But, the entrepreneurial mindset is most often acquired implicitly without conscious
effort or awareness, which may explain why it often appears to be a dispositional
trait,         even          though           it         is            not.
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communities.
Let’s Do This:
Instructions: Write a minimum of 250 word reflective essay about your business
concept you plan to venture in the future. Indicate in your reflection other important
traits that you think an individual should have in order to conceptualize one’s desire
to venture a business and the reasons of choosing a particular type of business. You
can make your own title for your reflection essay.You will be provided a rubric by
your instructor on how you are graded for this activity.
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                                    My Reflective Essay
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             shows thorough         considerable          or relevant              of relevant forms
             and insightful         knowledge of          forms and                and terms.
             knowledge of           relevant forms        terms.
             relevant forms         and terms.
             and terms.
                                                                                                                   /15
Analysis           15-12                   11-8                  7-4                        3-1
             Develops ideas         Develops ideas        Develops ideas           Develops ideas
             with a high            with                  with some logic          with limited logic
             degree of logic        considerable          and coherence,           and coherence,
             and coherence          logic and             and incorporates         and incorporates
             and incorporates       coherence, and        some well-               limited relevant
             highly effective,      incorporates          chosen, relevant         evidence.
             well-chosen and        considerable          evidence.
             relevant               well-chosen,                                                                  /15
             evidence.              relevant
                                    evidence.
Use of              10-8                   7-5                   4-3                        2-1
Essay        Shows extensive        Shows                 Shows some               Shows limited
Form         command of the         considerable          command of the           command of the
             essay form             command of the        essay form               essay form
             including: clear       essay form            including:               including:
             and engaging           including:            thesis or                thesis or
             thesis or              clear thesis or       controlling idea,        controlling idea,
             controlling idea       controlling idea,                              organization, and
                                                          organization,                                           /10
             And highly             effective             and conclusion.          conclusion
             effective              organization,
             organization           and logical
                                    conclusion.
                                                                                         Total Points             /40
Rubric adopted from https://www.rcampus.com/rubricshowc.cfm?code=TX27A93&sp=yes&
Instructions: After conceptualizing your future business venture, can you create
your own marketing style? Please answer the following questions for deeper
understanding on Entrepreneurial mindset.
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2. What marketing tools or media usage you are going to use in order to promote
your business?
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3. Can you create a sample business logo/design concept below? Explain further
your design including the texts, and colors you use for your brand.
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             relevant forms         and terms.
             and terms.
Analysis     40-31                  30-21                 20-11                    10-1
             Develops ideas         Develops ideas        Develops ideas           Develops ideas
             with a high            with                  with some logic          with limited logic
             degree of logic        considerable          and coherence,           and coherence,
             and coherence          logic and             and incorporates         and incorporates
             and incorporates       coherence, and        some well-               limited relevant
             highly effective,      incorporates          chosen, relevant         evidence.
             well-chosen and        considerable          evidence.
             relevant               well-chosen,                                                         /40
             evidence.              relevant
                                    evidence.
Use of       20-16                  15-11                 10-6                     5-1
Essay        Shows extensive        Shows                 Shows some               Shows limited
Form         command of the         considerable          command of the           command of the
             essay form             command of the        essay form               essay form
             including: clear       essay form            including:               including:
             and engaging           including:            thesis or                thesis or
             thesis or              clear thesis or       controlling idea,        controlling idea,
             controlling idea       controlling idea,                              organization, and
                                                          organization,                                  /20
             And highly             effective             and conclusion.          conclusion
             effective              organization,
             organization           and logical
                                    conclusion.
                                                                                         Total Points          /100
Rubric adopted from https://www.rcampus.com/rubricshowc.cfm?code=TX27A93&sp=yes&
References
https://prod-edxapp.edx-
cdn.org/assets/courseware/v1/232cc1bcc2ca19eaba1d3fc62181c323/asset-
v1:BabsonX
https://www.canberra.edu.au/coursesandunits/unit?unit_cd=11198
https://d3gxp3iknbs7bs.cloudfront.net/attachments/900a4577918c41fa0ff5ac304aa9
30b2e972587.pdf
https://hacktheentrepreneur.com/entrepreneurial-mindset/
https://hacktheentrepreneur.com/mindset-course/
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