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ST.PETER’S COLLEGE
Balingasag Misamis Oriental
Basic Education Department
Dr.Lita L. Jomoc/Mr.Marjun R. Abog
TLE IV-Entrepreneurship
School Year 2013-14
(Synthesis Paper)
Entrepreneurship 101-20
Submitted by:
Ruvielyn Ranan
IV Aquarius Student
March 17,2014
LEARNINGS:
What are the things I learned from my Entreprenuer subject?
We live in a time where entrepreneurship is finally a focus of a significant number of colleges and universities, and is even reaching into high schools. The question I have is: why has it taken so long for schools to recognize the importance of, and start teaching, students about entrepreneurship? I am proud to say that I learned a lot from my Entrepreneurship subject specially when you start a business you must start small and end more profit. And specially when Sir Abog said that when you start a business we must have first a business planning execution is where the money is at. Write something short, sweet and to the point and get on with it. I always preach about my One Paragraph Start Up Plan as the best way to get started. I learned also on how Strategic partners are not always good ideas. Before you bring on anyone as a business partner, determine if truly "partnering" is the best option. Decide if alternatives such as sharing revenue or doing a joint venture are a better fit. Make sure you know everything about the person you wish to partner with, from their political backgrounds to their business ethics. And if you decide to go ahead and bring on a partner, be sure to create an operating agreement that clearly states what happens in every possible outcome—from a partner leaving to a partner dying. I learned also on how business growth happens in real time. I learned also, no matter how successful you are, accept that you will fail again. Failure is good. It will be your guide to smarter, better decisions. The faster you realize that your business will never be
Balingasag Misamis Oriental
Basic Education Department
Dr.Lita L. Jomoc/Mr.Marjun R. Abog
TLE IV-Entrepreneurship
School Year 2013-14
(Synthesis Paper)
Entrepreneurship 101-20
Submitted by:
Ruvielyn Ranan
IV Aquarius Student
March 17,2014
LEARNINGS:
What are the things I learned from my Entreprenuer subject?
We live in a time where entrepreneurship is finally a focus of a significant number of colleges and universities, and is even reaching into high schools. The question I have is: why has it taken so long for schools to recognize the importance of, and start teaching, students about entrepreneurship? I am proud to say that I learned a lot from my Entrepreneurship subject specially when you start a business you must start small and end more profit. And specially when Sir Abog said that when you start a business we must have first a business planning execution is where the money is at. Write something short, sweet and to the point and get on with it. I always preach about my One Paragraph Start Up Plan as the best way to get started. I learned also on how Strategic partners are not always good ideas. Before you bring on anyone as a business partner, determine if truly "partnering" is the best option. Decide if alternatives such as sharing revenue or doing a joint venture are a better fit. Make sure you know everything about the person you wish to partner with, from their political backgrounds to their business ethics. And if you decide to go ahead and bring on a partner, be sure to create an operating agreement that clearly states what happens in every possible outcome—from a partner leaving to a partner dying. I learned also on how business growth happens in real time. I learned also, no matter how successful you are, accept that you will fail again. Failure is good. It will be your guide to smarter, better decisions. The faster you realize that your business will never be