HENRY SY

Tony Tan
Caktiong
of
Jollibee
Group
Nanay
Coring and
the National
Bookstore
Edgar ‘injap’ Sia
 Alfredo Yao
The Juice King
 PROS and CONS of
ENTREPRENEURSHIP
vs. EMPLOYMENT
 INCOME
ENTREPRENEUR
• Income generated passively
even when the
entrepreneur is resting.
• Opportunity income
unlimited, depending on
the success of the business.
• Income only earned when
the business is successful.
EMPLOYEE
• Income generated actively
(on working hours only) no
work = no pay
• Income increases every year
depending on the employer
and the employees
performance.
• Income earned whether the
business is successful or
unsuccessful
 HIRING AND FIRING, ORGANIZATIONAL SET UP AND
MAJOR KEY RESULT AREAS
ENTREPRENEUR
• Provides job; is the owner of
the business and conducts the
talent selection.
• Fully responsible for serving
customers, making the business
profitable/sustainable and
providing employee
satisfaction.
• Has the power to disengage non
performing employees applying
the due process policy of
disengaging personnel.
EMPLOYEE
• Seeks for a job; is the one
applying for a job and is
interviewed by the company’s
hiring officers.
• Has the goal of satisfying only
the employer or direct
supervisor.
• Fully dependent on the
employers performance; is at
risk if the company does not
perform well.
• Can only work for the current
employer exclusively.
 DAILY TASK
ENTREPRENEUR EMPLOYEE
• Performs all necessary • Has routine tasks and works
variable tasks to establish on regular or normal hours.
and manage a start up
business, which usually takes • Follows policies,
most of the entrepreneurs procedures, and
time; spend more hours on memoranda from the
work than regular employee employer.
and sometimes gets no
sleep.
• Prepares policies,
procedures and memoranda
for the business.
 LEISURE TIME AND VACATIONS
ENTREPRENEUR EMPLOYEE
• Has a flexible schedule and can • Has a limited number of
take unlimited number of vacation days imposed by
vacation days. (applicable only the employer
if the business has stabilized
already)
 TAXATION
ENTREPRENEUR
• Taxed on the net income; can
claim taxable income
deductions for allowable
expenses incurred by the
business.
EMPLOYEE
• Taxed on the gross income;
cannot use expenses incurred
related to the job such as
food and transportation
expenses to claim for
deductions from taxable
income.
 COMFORT LEVEL AT WORK
ENTREPRENEUR
• Is comfortable in doing
multiple and challenging tasks
and takes accountability with
the risks and profits of the
business; does not want to be
confined in a box; thinks
outside the box or sometimes
thinks is no box.
EMPLOYEE
• May be comfortable with
routines and minimal risks;
may also be comfortable in
working for the company
itself.