Grace: Good afternoon everyone! I’m Grace Pontipedra

Maj: And I’m Mariejean Madrideo. We are here today to share our knowledge about what we have learned from our recent interview. Grace, can you please elaborate the main topics of our presentation?

Grace: ok, thanks Maj. Our presentation includes the following topics:

Difference between Business and Entrepreneurship: Businessman versus Entrepreneur

Lessons we have learned from a successful entrepreneur History of nagcarlan, Laguna Information about rice cakes Types of rice cakes by region Origin of espasol Nutrition facts of espasol Where can we find espasol products? Ingredients and procedure in making espasol

Grace: Let us first discuss the first topic.

Difference between Business and Entrepreneurship: Businessman versus Entrepreneur

Noemi: Zarah, what do you think are the differences between a business and an entrepreneurship?

Zarah: is there any difference between the two?

Noemi: Well, Let’s find out.

Noemi: What is the difference between a business and an entrepreneurship? How about a business owner from an entrepreneur? These terms are commonly used interchangeably. However, these terms have different meaning – and those differences are what we will try to find out.

Zarah: To illustrate and understand simply and clearly the difference between business and entrepreneurship, we will have a face-off between a businessman and an entrepreneur. So, the showdown begins.

Businessman / Business Entrepreneur / Entrepreneurship

 Starts a business from an existing idea – a businessman adopts a common concept of a business. *You are trying to come up with a business that has already been chosen.

Starts a business from his own unique idea or concept - Entrepreneurs are famous for their unique concepts and

ways of realizing these concepts. * Hence, if you want to become a real

entrepreneur, you should have a sense of originality and a sense of distinction.

Usually a profit-oriented- it relies on setting a product or service's price to attain a specific, predetermined net profit percentage. *In other

Costumer oriented- Being customer oriented is an entrepreneurial skill that helps them to satisfy the needs of their

words, a businessman focuses on how they can increase their profit using certain techniques.

customers. *Remember, it is easy to keep your regular customers happy rather than try to gain new customers.

Works for the Company- *Most businessmen are not entrepreneurs, because they work for employers, take salaries and don't take much risk.

The Company works for him- unlike other businessman, he is the boss in his enterprise. *An entrepreneur receives all the profit of his business.

Usually don’t have time for their families and love ones- because businessmen are busy persons, they don’t have enough time for their love ones. *They constantly seem "busy", yet they are constantly late for appointments, don't ever have time to attend personal activities or outings, and are always stressed out about what still "needs to be done" each and every day!

Shares enough time with their families and love ones- *an entrepreneur can plan every activity during the working day and also for his family. *he manages his time for his loved ones and for his work.

Generally hire people to contribute profit Hire people to make their lives better

As a conclusion, a businessman is similar to an entrepreneur because an entrepreneur is a businessman. Entrepreneur is a businessman which is not traditional but is an innovative and creative type of a businessman. An entrepreneur differs a lot from a usual businessman. His entrepreneurship is created out of his own innovative idea and creation which is realized to be placed in business or to be transformed as a good business. Entrepreneurs are also more concerned on the quality of their products and on the satisfaction of their customers rather than being too much concerned to their profits.

Erika: For our next topic, we will discuss about the lessons we have learned from a successful entrepreneur.

Lessons we have learned from a successful entrepreneur (Mico & Erika)

Be willing to fail and try again – The fear of failure is a powerful de-motivator, but whether your business idea is ultimately a boom or a bust, you will gain valuable insight from the journey. Don’t let your pride stand in the way. Be willing to admit you made a mistake and then exercise the strength to carry the difficult lesson with you so that you will avoid it next time.Believe in the saying: “try and try until you succeed”

Be different- You have to stand out. You have to differentiate yourself. When you’re just getting started, the biggest thing you’ll be competing for is attention. Nobody is going to pay attention to a company that’s doing exactly the same thing as everyone else, but on a much smaller scale. Prepare a business plan.

Be prepared to work at least two years with a very small salary- you have to deal first with pains and difficulties to overcome the challenges in the business world. Don’t be afraid to start at the bottom because it will serve as a stepping stone to reach success.

Be passionate with what you do- You start a business to change any or all part of your life. To attain this change, you need to develop or uncover an intense, personal passion to change the way things are and to live life to the fullest. Success comes easily if you love what you do. Why? Because we are more relentless in our pursuit of goals about things that we love. If you hate your job right now, do you think you will ever be successful at it?

Work hard- Every successful entrepreneur works hard, hard and hard. No one achieves success just by sitting and staring at the wall every single day.

History of Nagcarlan, Laguna (Maj & Grace)

Grace: Before the conquest of Laguna Lake region. Nagcarlan was headed by a valiant datu named Gat Lakilaw. Its conversion to Christianity began in 1578 through the efforts of Fr. Juan de Plasensia and Fr. Diego Oropesa, both Franciscan missionaries.

The community formally became a pueblo in 1583 under Fr. Tomas de Miranda, who brought Nagcarlan the first seeds of wheat ever on Philippine soil.

Maj: Ana Kalang Festival is being celebrated from first Wednesday of October to commemorate the bountiful harvest from their agro?industrial products. This started, in 1987 and features the different agro trade fair booths and Giant Statues (usually 10 ft high) commonly called in Nagcarlan as "kalang kalangs", competing for a big prize given by the municipal government.

Ana Kalang according to a myth was known for her tremendous wealth, kindness, piety, and generosity. During her time, she was always around to help her townmates whenever in trouble that even among the Spaniards, her popularity is truly acknowledged.

Rice cakes (Joelyn)

A rice cake may be any kind of food item made from rice that has been shaped, condensed, or otherwise combined into a single object. A wide variety of rice cakes exist in many different cultures in which rice is eaten, and are particularly prevalent in Asia. The origin of rice cake seems to be Korea[Common variations include cakes made with rice flour, those made from ground rice, and those made from whole grains of rice compressed together or combined with some other binding substance.

Types of rice cakes by region (Joelyn)

In Chinese cuisine

Nian gao  Tangyuan  Erkuai  Tainan Bowl Rice Cake In Indo-Bengali cuisine

Pitha Idli  Puttu In Japanese cuisine

Mochi  Senbei In Filipino cuisine

Puto  Suman  Bibingka  Espasol  Sapin-sapin 

Origin of espasol

Espasol (rice pudding) or also called as baybaye is a native Filipino sweet treat made from rice flour and coconut strips cooked in coconut milk. The cooked pudding is shaped into cylinders and then rolled into toasted rice flour. It is believed that espasol originated from Laguna, Philippines.  But in Penaranda of Nueva Ecija, it is made out of galapong, carabao milk, condensed milk, butter and sugar, with the galapong made from rice that has been roasted for an hour.

Nutrition Facts of EspasolA single serving of espasol delivers 181.0 calories with 31 grams of fat, 44.4 mg of potassium, and 35.8 grams of carbohydrates. The best thing about these authentic Filipino rice cakes is that it is low in cholesterol and sodium content and is a good source of protein.

Facts

Hiding an almond inside rice pudding is a Christmas custom in Sweden. Whoever gets it has good luck for the New Year.

Where can we find espasol products?

It is believed that espasol originated from Laguna, Philippines. The best espasol can be bought in the towns of Nagcarlan, Alaminos, Pagsanjan and Los Baños, Laguna

INGREDIENTS FOR MAKING ESPASOL

1 and 1/2 cups glutinous-rice flour (mochiko can be used)

1/2 cup sugar

1 cup gata (coconut milk)

1 teaspoon vanilla extract

1/4 teaspoon salt

PROCEDURE FOR MAKING ESPASOL

1. Lightly toast the rice flour in a non-stick pan over medium heat. Set aside.

2. In a non-stick skillet, boil the sugar, coconut milk, vanilla and salt over medium heat.

3. Add in the toasted flour. Blend and stir constantly with a wooden spoon until the mixture

thickens and dries. It should soon form into a ball.

4. Transfer the mixture to a board dusted with toasted flour.

5. Use a rolling pin to flatten mixture to 1/2 inch thick. Cut into rectangles.

6. Roll the rectangular pieces in the rest of the flour.

7. Arrange on a serving dish. Wrap in clear plastic until ready to serve.

*mochiko – Japanese flour made from glutinous or sticky rice