LEARNING TARGET: At the end of the lesson you are expected to:
A.Recognize personal entrepreneurial competencies and skills (pecs) needed in Refrigeration and Airconditioning.
B. Generate a business Idea in RAC as a career choice.
REVIEW
When the weather is hot what are the things that comes to your mind or the things you want to do or buy? What are the businesses found in the place where you live where you can buy or sell the particular product that answer your needs?
This lesson will tell you more about entrepreneurship and the entrepreneurial competencies related to Refrigeration and Air-conditioning aswell as the training requirements needed in RAC: knowledge, skills, atttitude and values, and the things you need to do in order to become a successful entreprenure?
If you choose Refrigeration and Airconditioning as a carrer choice, these lesson will help you to become one.
TITLE: PERSONAL ENRPRENUERIAL COMPETENCIES
RAC TRAINING ENTRY REQUIREMENTS
The basic competencies of Refrigeration and airconditioning are the following: able to participate in workplace communication, work in team environment, and practice career professionalism. The following qualifications of trainees and educational experience and other requirements like health and physical requirements are also needed in Refrigeration and Airconditioning such as:
· Can communicate both oral and written
· Good moral character
· Can perform basic mathematical computation
· Physically and mentally fit
RAC PERSONAL ENTRERPRENUERIAL COMPETENCIES
Entrepreneurial competencies refer to the important characteristics that should be possessed by an individual in order to perform entrepreneurial functions effectively. In this lesson, you will learn some of the most important characteristics, attributes, lifestyle, skills and traits of a successful entrepreneur if you decide to choose to become a Refrigeration and Airconditioning professional.
Below are few important characteristics / traits / attributes of a good entrepreneur:
Hardworking
One of the important characteristics of a good entrepreneur is hardworking. This means working diligently and being consistent about it. Hardworking people keep improving their performance to produce good products and/or provide good services.
Confident
Entrepreneurs have self-reliance in one’s ability and judgment. They exhibit self-confidence to cope with the risks of operating their own business.
Disciplined
Successful entrepreneurs always stick to the plan and fight the temptation to do what is unimportant.
Commitment
Good entrepreneurs assume full responsibility over their business. They give full commitment and solid dedication to make the business successful.
Ability to accept change
Nothing is permanent but change. Change occurs frequently. When you own a business, you should cope with and thrive on changes. Capitalize on positive changes to make your business grow.
Creative
An entrepreneur should be creative and innovative to stay in the business and in order to have an edge over the other competitors.
Has the initiative
An entrepreneur takes the initiative. You must put yourself in a position where you are responsible for the failure or success of your business.
Profit-oriented
An entrepreneur enters the world of business to generate profit or additional income. The business shall become your bread and butter. Therefore, you must see to it that the business can generate income.
Important skills of a successful entrepreneur
Excellent planner
Planning involves strategic thinking and goal setting to achieve objectives by carefully maximizing all the available resources. A good entrepreneur develops and follows the steps in the plans diligently to realize goals. A good entrepreneur knows that planning is an effective skill only when combined with action.
Possesses people skills
This is a very important skill needed to be successful in any kind of business.
People skills refer to effective and efficient communication and establishing good relationship to the people working in and out of your business.
In day-to-day business transactions, you need to deal with people.
A well-developed interpersonal skill can make a huge difference between success and failure of the business.
Sound decision maker
Successful entrepreneurs have the ability to think quickly and to make wise decisions towards
a pre-determined set of objectives. No one can deny that the ability to make wise decisions is an important skill that an entrepreneur should possess. Sound decisions should be based on given facts and information and lead towards the pre-determined objectives.