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ENTREPRENEURIAL

CAPITAL
1. HUMAN CAPITAL
2. SOCIAL CAPITAL
3. FINANCIAL CAPITAL
ENTREPRENEURIAL
HUMAN CAPITAL
Your Human Capital is your
individual atributes

Personal qualities
(attitude, behavior)
Skills
Knowledge
Experience
Education
Your Human Capital is your
individual atributes

Entrepreneurial attitude :
Economical
Smart
Reliable
Trustworthy
Honest
Courageous
Self- confident
Opportunity alert
Hardworking
Respectful
Your Human Capital is your
individual atributes

Entrepreneurial (learning) behaviour :


Effectuation
Bootstrapping
Trial-and-error
Learning-by-doing
Problem- solving
Do-it-yourself
Self-study
Observation
Self motivated
Hardworking
Your Human Capital is your
individual atributes

Entrepreneurial technical skills :

Skills related to particular


business types especially
production skills
Originally from DIY skills
Your Human Capital is your
individual atributes

Entrepreneurial functional skills :

Communication skills (understanding the customer,


building relationship)
Networking
Selling
Marketing (market research)
Finance (pricing, production cost, risk estimation)
Human resources (leading, training, motivating)
Interpersonal Skills
Work well with others
Help others succeed
Get along with others who are not
like you?
Kind to others
Try to make others comfortable
Which house would you like?
A B
Which car would you like?
A B
What Kind of Job Do You
Want?
A B
Why are you in POLBAN?
To improve your incredible human
capital
To use your human capital and other
resources to achieve your goals
To lead the good life
You are in POLBAN for YOU!!!!!!
You are the
only one who
can develop
your human
capital..
not your
teachers, not
your parents,
YOU
Characteristics of Successful Entrepreneurs
(1 of 3)

Four Primary Characteristics of Successful


Entrepreneurs

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Characteristics of Successful Entrepreneurs
(2 of 3)

Passion for the Business


The number one characteristic shared by successful
entrepreneurs is a passion for the business.
This passion typically stems from the entrepreneurs
belief that the business will positively influence
peoples lives.
Product/Customer Focus
A second defining characteristic of successful
entrepreneurs is a product/customer focus.
An entrepreneurs keen focus on products and
customers typically stems from the fact that most 1-15

entrepreneurs are, at heart, craftspeople.


Characteristics of Successful Entrepreneurs
(3 of 3)

Tenacity Despite Failure


Because entrepreneurs are typically trying something
new, the failure rate is naturally high.
A defining characteristic for successful entrepreneurs is
their ability to persevere through setbacks and failures.
Execution Intelligence
The ability to fashion a solid business idea into a viable
business is a key characteristic of successful
entrepreneurs.
The ability to translate thought, creativity, and imagination into
action and measurable results is the essence of execution 1-16
intelligence.
Common personality traits and
characteristics of successful
entrepreneurs

Achievement motivated Optimistic disposition


Alert to opportunities Persuasive
Creative Promoter
Decisive Resource assembler
Energetic Self-confident
Has a strong work ethic Persistent
Is a moderate risk taker Tolerant of ambiguity
Lengthy attention span Visionary

1-17
MAKE YOURSELF
SCARCE!!!!
High demand, low supply

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