Three Successful Entrepreneurs in the Philippines

1. Manuel Pangilinan. Manuel or “Manny” Pangilinan is the top honcho of the Philippine Long Distance Telephone Company (PLDT). Under Manuel Pangilinan’s watch, PLDT slowly amassed full or majority ownership on a number of key Internet, communications and broadcasting related corporations. This has made the Wharton-educated Pangilinan one of the Philippines’ top telecommunications magnates.  Pangilinan is also engrossed in propelling Philippine basketball back to its old glory days.  This successful entrepreneur currently owns a professional basketball team bearing the name of a mobile phone company he also owns, which competes in a Philippine based league. He has also almost exclusively bankrolled the entire Philippine national basketball team which represents the country in international basketball competitions.

2. Jaime Zobel de Ayala. Jaime Zobel de Ayala is the CEO of the well-established Ayala Corporation. The Ayala Corporation is a holding company for the Ayala Group of Companies which owns a diverse group of companies that range from telecommunications and real estate to automotive and financial service. This Harvard alumni is also involved in a number of charities as well as being a patron of the arts.  This successful entrepreneur is also an avid sportsman who regularly enters local marathons.

3. Lucio Tan. The self-made Lucio Tan is another Filipino of Chinese descent who is one of the most successful entrepreneurs in the Philippines. He amassed his wealth (he is currently valued by Forbes at over $1.7 billion) from a variety of sources including tobacco, beer and alcohol, air travel and banking. Although still takes a hands-on approach when dealing with his companies, many close to Tan say that he is no longer concerned with material wealth.  Tan, they say, is more excited about bigger challenges and the pursuit of intellectual endeavors. 

Cool Much!!!! =)

Ang Cute ng Araw!!!!! na may ulan,,,,(may kinakasal na tikbalang .,....(Joke)=) Ang saya kasi tawanan kami ng tawanan nila Eleane, Marjorae, Harvey, and Ralph,,,,,  Nagpunta pa kami sa Sapphire,,,,, hehehe ang saya yun lang!!!!!=) Nothing to Say!!!!

PEC's Assignment

1. Evaluate the different entrepreneurial characteristics under PEC's. How does applying similar characteristics help us succeed in the other areas of life? Explain your answers by giving examples.

·                     Vigilance for Opportunities

·                     Commitment to work contract

·                     Persistence 

·                     Willing to Take Risks 

·                     Demand for Efficiency and Quality

·                     Goal Setting

·                     Information Seeking

·                     Systematic Planning and Monitoring

·                     Persuasion and Networking

·                     Self Confidence

             An entrepreneur must have certain cultivated and inherent qualities in him or her in order to make a success of his or her venture. Not any person can be a successful businessman or woman. Hard work and determination to win have made many successful business people to reach their aspired goals.

    

2. Explain how having the Personal Entrepreneurial Competencies can help you become a successful entrepreneur.

    

     A businessman or woman has to very competent to achieve scale the ladder of success. Certain attributes are essential for him or her to establish their business on sound footing.

Assignment No. 3 1. What are the different Personal Entrprenueral Competencies (PEC's)? 2. Pick one PEC that you may have and explain how you could improve this PEC.

1. I. Opportunity Seeking and Initiative
* Does things before asked or forced to by events
* Acts to extend the business into new areas, products or services
* Seizes unusual opportunities to start a new business, obtain financing, equipment, land work space or assistance

II. Risk Taking
* Deliberately calculates risks and evaluates alternatives
* Takes action to reduce risks or control outcomes
* Places self in situations involving a challenge or moderate risk

III. Demand for Efficiency and Quality
* Finds ways to do things better, faster, or cheaper
* Acts to do things that meet or exceed standards of excellence
* Develops or uses procedures to ensure work is completed on time or that work meets agreed upon standards of quality

IV. Persistence
* Takes action in the face of a significant obstacle
* Takes repeated actions or switches to an alternative strategy to meet a challenge or overcome an obstacle

V. Commitment to the Work Contract
* Makes a personal sacrifice or expends extraordinary effort to complete a job
* Pitches in with workers or in their place to get a job done
* Strives to keep customers satisfied and places long term good will over short term gain

Planning Cluster
VI. Information Seeking
* Personally seeks information from clients, suppliers or competitors
* Does personal research on how to provide a product or service
* Consults experts for business or technical advice

VII. Goal setting
* Sets goals and objectives that are personally meaningful and challenging
* Articulates clear and specific long range goals
* Sets measurable short term objectives

VIII. Systematic Planning and Monitoring
* Plans by breaking large tasks down into time-constrained sub-tasks
* Revises plans in light of feedback on performance or changing circumstances
* Keeps financial records and uses them to make business decisions

Power Cluster
IX. Persuasion and Networking
* Uses deliberate strategies to influence or persuade others
* Uses key people as agents to accomplish own objectives
* Acts to develop and maintain business contracts

X. Independence and self-confidence
* Seeks autonomy from the rules or control of others
* Sticks with own judgement in the face of opposition or early lack of success
* Expresses confidence in own ability to complete a difficult task or meet a challenge.

2. PERSISTENCE- because I think this Personal Entrepreneurial Competencies (PEC's) will help me to  take personal responsibility for the performance necessary to achieve goals and objectives... 

Source:

http://eduphil.org/forum/personal-entrepreneurial-competencies-pecs-t-1802.html

Invention which was Created due to a Necessity

It was the Greek philosopher, Plato, who said that “necessity is the mother of invention.” Social and economic forces strongly influence which technologies will be developed and used. Throughout the history of the world, manufacturing processes have been changed by the discovery of new and improved tools and techniques. History has shown that scientists, government, academia, and industry have collaborated to change the course of technology and influence commerce. 

Although synthetic rubber did not exceed the production of natural rubber until the events of WW II, its discovery dates back to the 1600s. In this lesson, we will look at the history of the rubber industry to understand how it has been one of the most influential products of all time. 

What is rubber? 
Natural rubber is an elastic hydrocarbon polymer called polyisoprene and is found in the sap (latex) of certain trees. Synthetic rubber is made from polymers that are engineered synthetically by a process called polymerization, which is a chemical reaction produced when two or more molecules combine to form larger molecules with repeated structural units. 

For an explanation of the chemical properties of natural rubber, read Meet Polyisoprene. 

Then read about some of the technologies invented to aid in expanding the uses of natural rubber. Go to Natural Rubber—History and Developments in the Natural Rubber Industry. Be prepared to discuss in class how these technologies have affected the growth of the natural rubber industry.


http://www.sciencenetlinks.com/lessons.php?DocID=480

The Rainy Day is COOL!!!

Oh my God,,,, Its already the Beginning of Rainy season,,,,, Wish na sana nd Masyadong Malala ang pag-ulan!!!!! Funny talaga ang Face nya Lalo na ang Baba nya!!!!! BVuti na lang Half Day !!!! Hehehehe,, Sana laging Ganito!!!!! Love This Day!!!!

Assignment: What is Entrepreneurship?

Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response to a perceived opportunity. The most obvious form of entrepreneurship is that of starting new businesses (referred as Startup Company); however, in recent years, the term has been extended to include social and political forms of entrepreneurial activity. When entrepreneurship is describing activities within a firm or large organization it is referred to as intra-preneurship and may include corporate venturing, when large entities spin-off organizations.


http://en.wikipedia.org/wiki/Entrepreneurship

First Day of Class (Yakal 2011-2012)

So saya ng First day ,,, pero super init,,,, Etoh unting lecture... then Party party na!!!!!:)
Miss ko na emerald 2010-2011,,,, mas masaya sana kung kami-kami pa rin magkaklase....,,,,
Miss u Inna , Kim, and roselyn,,,anjan naman si Jullina at Mommy Kelsey eh kaya k lang!!!!!