Entrep mind L4 Quiz
L I F E W I T H A P U R P O S E
THERE ARE THREE PURPOSES OF LIFE:
Raised a godly family, Make a difference in the lives of others, Be a responsible steward of god creations
is a complete imagery of what one wants to achieve in life. For entrepreneurs, the dream is about a successful and growing business. It is the kind of dream that sets the horizon for success.
Dream and Vision
brings you beyond wishing. It sets the stage for planning, doing, and achieving.
Vision
______ is achieving that dreams will be a reality _______ strengthen one’s determination
Faith
The guts to take risks and make decisions in the pursuit of opportunities.
Courage
is the sum total of values that make one a trustworthy person
Integrity
means consistently living up to the standard of superior quality in everything that one does.
Excellence
or sipag is giving the needed hours of physical and metal efforts in any task with the sight consistently fixed on the standards of excellence.
Industry
or tiyaga is doing what needs to be done no matter how tough a task is and no matter how long it would take to finish it—without losing sight on efficiency.
Perseverance
or sikap is giving one’s best of what is needed in accomplishing a task. If skills are needed, he endeavors to get the skills required. If facilities are needed, he looks for the facilities. If long hours are needed, he provides the time.
Diligence
is the ability to put together the ingredients required to start and nurture a business.
Resourcefulness
is all about money.
Finance
is the conscious effort to reach out the people
and sway them to be loyal customers.
Keen Sence of Marketing
is the blood circulating into the veins and
arteries of the business entity and the business universe.
Money
should have a basic knowledge of finance.
Entrepreneur
is an attitude of spending only for needs that
cannot be done without, and in spending—thrift is getting the most out of the money spent.
Thrift
is an attitude of dislike of debts. The discipline of thrift is more easily doable if payments is in cash because it is hard to part with a ward of cash while it is easy to sign the credit charge. He will only borrow for business capital and only after there is a careful analysis of payback
Debt-aversion
a healthy habit of setting aside a certain percentage of all earning to a long term prosperity fund and committing not spend it for consumption.
Savings
The minimum percentage of
savings is ___ of all cash earnings.
10%
declaration of non-conformance to bad
habits that have found acceptance to the big
segment of the society.
No - vices
Generosity is a virtue that makes a meaningful difference in others and the community but would not diminish the prosperity earned by a successful entrepreneur.
Generous in Giving Back
Finance is all about money. Money is the blood circulating into the veins and arteries of the business entity and the business universe.
Knowledge of Finance
Business opportunities are chances or open doors to make sales and profits.
Watchful of Opportunities