Entrepreneurial Skills

Computer Science · Level 6  ·  6 Chapters

Can I download Entrepreneurial Skills notes as a PDF?

Yes. The notes download as a PDF too: every chapter has a Download PDF button above its notes. Sign in and click it. Each download comes from your plan's monthly allowance or from credits. To read before you sign in, the first topic of every chapter opens to anyone, and a Profplanet plan opens the remaining topics.

▣

What Entrepreneurial Skills covers

How a Computer Science graduate can turn skills into a business is the question behind Entrepreneurial Skills at Level 6. Financial literacy comes first: personal finance, budgets, savings, debt, investments and insurance services. The entrepreneurial concept then separates entrepreneurs from business persons and weighs salaried employment against self-employment. Opportunity identification covers sources of business ideas, how to evaluate an opportunity and the business life cycle. Legal aspects include forms of business ownership, registration and licensing, contracts, employment laws and taxation laws. Innovation looks at creativity, entrepreneurial linkages and ICT in business growth, and the unit ends with writing a business plan from description to presentation and incubation.

■

Careers after Entrepreneurial Skills

Entrepreneurial skills are the foundation for building a successful future in Kenya’s vibrant economy. Whether you dream of running your own business or working in a fast-growing company, these skills help you make smart financial decisions, manage resources, and spot opportunities. Here’s where you’ll use them in real life:

  • Jua Kali sector: Many artisans and small-scale manufacturers thrive by managing their finances, investing in tools, and seeking micro-loans to expand their workshops.
  • Matatu industry: Owners and operators must handle daily earnings, manage debts for vehicle loans, and invest in insurance to keep their business running.
  • Agribusiness: Farmers and agripreneurs use entrepreneurial skills to access funding, invest in seeds and equipment, and market their produce to KTDA, cooperatives, or direct buyers.
  • Hospitality & tourism: Hotel owners, caterers, and tour operators manage finances, procure insurance, and invest in marketing to attract clients and grow their businesses.
  • Construction sites: Contractors and fundis manage payments, save for equipment, and handle debt responsibly, often starting as entrepreneurs before growing into larger firms.
  • County works & government projects: Many projects require subcontractors and suppliers who must manage their business finances and investments to deliver services efficiently.
  • Self-employment & entrepreneurship: From boda boda riders to online sellers, those who master entrepreneurial skills can start, sustain, and grow their ventures, creating jobs for themselves and others.
  • Formal employment: Employers in banks, SACCOs, KenGen, and many other sectors value staff who understand financial management and entrepreneurship, as these skills boost productivity and innovation.

Mastering entrepreneurial skills opens doors everywhere in Kenya—whether you want to work for others or build your own path, you’ll be ready to turn your ideas into income and create a brighter future for yourself and your community.

Chapters

What Entrepreneurial Skills covers: 39 main topics in 6 chapters

1. Apply financial literacy

  1. 1.1 Personal finance management
  2. 1.2 Balancing between needs and wants
  3. 1.3 Budget Preparation
  4. 1.4 Savings management
  5. 1.5 Factors to consider when deciding where to save
  6. 1.6 Debt management
  7. 1.7 Factors to consider before taking a loan
  8. 1.8 Investment decisions
  9. 1.9 Types of investments
  10. 1.10 Factors to consider when investing money
  11. 1.11 Insurance services

2. Apply the entrepreneurial concept

  1. 2.1 Difference between Entrepreneurs and Business persons
  2. 2.2 Types of entrepreneurs
  3. 2.3 Ways of becoming an entrepreneur
  4. 2.4 Characteristics of Entrepreneurs
  5. 2.5 Salaried employment and self-employment
  6. 2.6 Requirements for entry into self-employment
  7. 2.7 Roles of an Entrepreneur in an enterprise
  8. 2.8 Contributions of Entrepreneurship

3. Identify entrepreneurship opportunities

  1. 3.1 Sources of business ideas
  2. 3.2 Factors to consider when evaluating business opportunity
  3. 3.3 Business life cycle

4. Apply business legal aspects

  1. 4.1 Forms of business ownership
  2. 4.2 Business registration and licensing processing
  3. 4.3 Types of contracts and agreements
  4. 4.4 Employment laws
  5. 4.5 Taxation laws

5. Innovate business strategies

  1. 5.1 Creativity in business
  2. 5.2 Innovative business strategies
  3. 5.3 Entrepreneurial Linkages
  4. 5.4 ICT in business growth and development

6. Develop business plan

  1. 6.1 Business description
  2. 6.2 Marketing plan
  3. 6.3 Organizational/Management plan
  4. 6.4 Production/operation plan
  5. 6.5 Financial plan
  6. 6.6 Executive summary
  7. 6.7 Business plan presentation
  8. 6.8 Business idea incubation

Revise this unit

3 more for this unit

Beyond the syllabus

Other units in Module V