Saturday, January 19, 2013

Scores for the creative cooking activity -Sentrep

Hi everyone,

Our class activity was a cooking challenge. Here's the scores for the cooking activity. Congrats to everyone for doing a great job in preparing the food. Everyone was creative and resourceful enough to accomplish the task given.

GROUP 1 GROUP 2 GROUP 3
Taste
     Sour - 20 18 16 17
     Sweet - 20 17 18 17
Creativity - 20 19 18 18
Presentation - 20 17 19 18
Originality - 10 9 9 9
Execution - 10 10 10 10
90 90 89



Athens S. Cruz
+63 916-7056719


Congratulations to Groups 1 and 2 and to all for such a close fight! --Prof Jorge

Friday, January 18, 2013

10 Most Difficult Things to Handle for an Entrepreneur

From Intuit Small Business Blog | by Lee Polevol | January 15, 2013

I have repeatedly said that even an MBA elective like Entrepreneurship is not easy nor an easy 3.  IT HARD! Is in my lecture on introduction to entrepreneurship.

This post supports that idea.  There are 10 mentioned by Lee and let me just list down some of them:

l.  Handling money (like handling funding your check on a Friday afternoon because your check  that you issued will bounce)

2.  Handling tough decisions (like firing your loyal employee who committed acts of dishonesty)

3.  Life balance (family vs business)

4.  Delegating

5.  Staying motivated

6.  Leading  your staff

Start up distractions from Forbes (Start up Porn)

From Forbes | by Brent Benshore | October 2012

Here is a reprint of Benshores article entitled "Start up Porn"

He says that an entrepreneur is deluged by details, like you are in a middle of hurricane that need your attention.  Some of them are important, urgent, unnecessary, in this case just like porn. Like porn these stuff can distract you from your objective - to grow and make your venture profitable.

Some of them:

l.  Reading this article

2.  Posting rants in blog and letters to the editor;

3.  Comparing yourself to Mark Zuckerberg;

4.  Expensive calling cards;

5.  Reading your emails 20x a day

Other start up porns; it is a porn if you are addicted to reading this?