Ingredients Behind Fruitful Success: Entrepreneurship Strategies Towards Entrepreneurial Training Design

Abstract

Purpose: The province of Quirino, Philippines, is known for producing agricultural products like corn and rice. However, the issue in this industry is limited to purchasing and selling rice and corn. Therefore, this study was conducted to address the rampant percentage of unsuccessful entrepreneurs. Methodology: This study used a descriptive research design to gather data in which four selected successful entrepreneurs of the province were interviewed as participants. The participants were chosen based on their business years and the other companies they have produced aside from trading. The researchers' data is classified based on the similarity of the responses of the participants. Main Findings: Based on the information gathered from the participants, it was determined that successful entrepreneurship is a large-scale business free of stress and debt. They also identified potential business trading challenges, such as natural disasters and depreciation. Problems persist due to a lack of organizational and management skills, resulting in unsuccessful entrepreneurship. Implications of study: This study sought to know the secrets and techniques of the successful entrepreneurs in Quirino Province that could be helpful for some small-scale businesses. Novelty of study: This research intended to create a training design that may be necessary for some people who want to venture their own business and serve as a manual for entrepreneurs in the province of Quirino.