Personal Entrepreneurial Competencies (PECs)

If you are teaching TLE subjects, especially if you are using Understanding By Design (UBD), here are the Personal Entrepreneurial Competencies (PECs) which you can teach to your students.

Important: The student will know what Personal Entrepreneurial Competencies (PECs) are and how important they are in becoming an entrepreneur. The student will be able to classify the Personal Entrepreneurial Competencies of an entrepreneur.

Guide question: How does PECs contribute to the success of an entrepreneur?

The Personal Entrepreneurial Competencies (PECs):

1. Vigilance for Opportunities
When an entrepreneur sees an opportunity for business, he is quick to take it. Entrepreneurship is a competitive field, and he is always on the lookout for chances to improve his position.

2. Commitment to work contract
An entrepreneur always delivers his promise promptly. He values his reputation for dependability and will do everything not to back out on a commitment.

3. Persistence
An entrepreneur doesn't let setbacks lead to failure. He is so committed to his goal that he finds ways to overcome obstacles and accomplish his tasks he set for himself.

4. Willingness to Take Risks
An entrepreneur knows that business involves taking risks. It is when one takes his chances with a new venture that better products and services are discovered.

5. Demand for efficiency and quality
A true entrepreneur doesn't settle for anything but the best. He also insists that items of excellent quality be done at the soonest time possible. This increases his productivity and sets him apart from the competition.

6. Goal Setting
Setting goals gives the entrepreneur a sense of purpose. It inspires him to make definite plans and to follow those plans with concrete action.

7. Information Seeking
An entrepreneur is always searching for new information related to his business. He uses these information to improve his services, satisfy his customers, and be ahead of his competitors.

8. Systematic Planning and Monitoring
The success of an entrepreneur relies greatly on his ability to make detailed plans before starting out on a new venture. He couples this with careful evaluation to be aware of his progress every step of the way.

9. Persuasion and Networking
An entrepreneur with a good product or services to offer is able to promote it convincingly. In addition, satisfied customers will help him promote the business through word of mouth.

10. Self Confidence
An entrepreneur shows confidence in his business because he knows he has done and is doing his best to give his clients the best value for their patronage.

In our school, we offer five specializations in TLE for first year students. The specializations are the following: ICT (Information and Communication Technology); Drafting; Civil Technology; Culinary Arts; and Agriculture.
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