Overview
Assessment Guidance
Portfolio of Evidence
Aim
To develop learners’ understanding of the skills and behaviours needed for successful entrepreneurship and the skills required to self-assess their own suitability for enterprise.
Unit Learning Outcomes
1
Know the characteristics of a successful entrepreneur
Entrepreneurship is often described as the process of starting a business that offers an innovative product, service or process. The entrepreneur sees a potential business opportunity and follows it through to delivery.
The skills and behaviours required to be an effective entrepreneur include:
• effective communication and interpersonal skills
• creative and imaginative thinking
• practical, organisational and planning skills
• the ability to manage finances
• confident to work on own initiative
• risk taker
• confident • motivated, passionate and enthusiastic.
Assessment Criteria
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1.1
Define the term ‘entrepreneur’.
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1.2
Identify the main skills that are needed to be a successful entrepreneur.
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1.3
Identify some of the behaviours that are needed to be a successful entrepreneur (e.g. willingness to take risks).
2
Be able to assess own suitability for enterprise
In this learning outcome, the learner has the opportunity to assess their own suitability as an entrepreneur. Learners could design a checklist using the skills and behaviours from learning outcome 1. They can research how they can develop skills and behaviours that they identify as a gap and make a judgement on their suitability to become an entrepreneur.
Assessment Criteria
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2.1
Describe own existing enterprise skills and behaviours.
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2.2
Identify skills and behaviours that would need further development.
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2.3
Give examples of how they could develop in the necessary areas.
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2.4
Make a judgement on how well-suited they are to becoming an entrepreneur, using evidence from their self-assessment.