The More You Learn, the More You Earn: Inquiry on the Effects of the Programs and Seminars to Enhance Entrepreneur's Competence in Brgy San Juan, Taytay, Rizal

Abstract

INTRODUCTION

Entrepreneurship marks the competitiveness and development of one country, wherein its entrepreneurial process is shaped by the social and institutional environments. The collaboration between the community and other stakeholders and educational institutions to enhance the competencies of the entrepreneurs are essential. This study sought to elucidate the effects of the implementation of different programs and seminars in Bgry. San Juan to enhance entrepreneur's competencies.

METHODS

The quantitative or descriptive method was used to describe, record, analyze, and interpret data gathered from this phenomenon. Specifically, survey checklist was used to gather data and descriptive statistics such as percentage, central tendency, standard deviation, and parametric statistics such as two-sample mean t-test to analyze the gathered data. Twenty entrepreneurs were the respondents in this study. They were business and are already running a business. Hence, thriving to increase profits in their Business in Brgy. SanJuan Taytay, Rizal were purposively chosen for this study.

RESULTS

Most of the livelihood and programs in the barangay are related to garment and tailoring. After the program and seminar, the extent of entrepreneurs' competence, the ability to understand business operation, terminology and commitment were at “impressive extent.” On the other hand, persuasion and networking, overcoming failure, and risk taking, thinking uniquely and creatively, tolerance for ambiguity, living with modest to high levels, tolerance for uncertainty, performing different tasks simultaneously, financial proficiency, analyzing financial transaction have a moderate extent of increase of competence.

DISCUSSIONS

This study finds that competitiveness and development benchmarks a unique model in engaging business in the garment sector, whereas, the increase of the entrepreneurs' competence reflected their capability to increase their profits. Hence, this study echoed the importance of a shared responsibility in the competitiveness and development of one place by educating the entrepreneurs on basic competencies. Lastly, follow-up and development of program and seminar module/learning package are recommended.