Agri entrepreneurship

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Agri entrepreneurship

  1. 1. SAE AGRI-Entrepreneurship BY- ABHINAV SARASWAT CHAKRAVARTI SINGH UMMED SINGH ZIYAD HUSSAIN
  2. 2. SAE What is an Entrepreneur? • An Entrepreneur (ahn’tra pra nur) is a person who organizes and manages a business undertaking, assuming the risk for the sake of profit. Any person (any age) who starts and operates a business is an entrepreneur.
  3. 3. SAE Entrepreneurship • Agricultural students have been entrepreneurs since the beginning of agricultural education.
  4. 4. SAE Entrepreneurship • The Smith-Hughes Act of 1917 (which provided federal funding for agricultural programs) required all students to have an entrepreneurship program – but they weren’t called entrepreneurs back then.
  5. 5. SAE Early Entrepreneurship • These early entrepreneurship programs were called different names: –Farming Program –Productive or Production Enterprises –Ownership
  6. 6. SAE Early Entrepreneurship • The early SAE Entrepreneurship program primarily involved: –Raising Livestock –Growing Crops
  7. 7. SAE Entrepreneurship Today • Today, agricultural students are involved in many different types of entrepreneurial activities. • Entrepreneurship in agriculture can still be raising livestock and growing crops, but it can be much, much more than that.
  8. 8. SAE Agricultural Entrepreneurship • Entrepreneurship: The student plans, implements, operates and assumes financial risks in a farming activity or agricultural business. In entrepreneurship programs, the student owns the materials and other required inputs and keeps financial records to determine return to investments.
  9. 9. SAE Agri-Entrepreneurs Example • Lawn Maintenance Service
  10. 10. SAE Agri-Entrepreneurs Example • Raise and Sell Fishing Bait
  11. 11. SAE Agri-Entrepreneurs Example • Custom Crop Harvesting
  12. 12. SAE Agri-Entrepreneurs Example • Pet Sitting Service
  13. 13. SAE Agri-Entrepreneurs Example • Fishing Guide
  14. 14. SAE Agri-Entrepreneurs Example • Tractor and Farm Equipment Detailing
  15. 15. SAE Agri-Entrepreneurs Example • Operating a Roadside Marketing Selling Produce
  16. 16. SAE Agri-Entrepreneurs Example • Making and Selling Gifts for Christmas And other Functions
  17. 17. SAE Agri-Entrepreneurs Example • Operating a Small Engine Repair Service
  18. 18. SAE Three Aspects of Entrepreneurship • 1. The identification/recognition of market opportunity and the generation of a business idea (product or service) to address the opportunity
  19. 19. SAE Three Aspects of Entrepreneurship • 2. The marshalling and commitment of resources in the face of risk to pursue the opportunity
  20. 20. SAE Three Aspects of Entrepreneurship • 3. The creation of an operating business organization to implement the opportunity- motivated business idea
  21. 21. SAE Successful Entrepreneurs • According to the Small Business Administration, successful entrepreneurs have five characteristics: – Drive, which is defined as the most important attribute. Entrepreneurs can expect long hours, high stress and endless problems, as they launch a new business.
  22. 22. SAE Successful Entrepreneurs • According to the Small Business Administration, successful entrepreneurs have five characteristics: – Thinking Ability, or the characteristic that encompasses creativity, critical thinking, analytical abilities and originality.
  23. 23. SAE Successful Entrepreneurs • According to the Small Business Administration, successful entrepreneurs have five characteristics: – Aptitude for Human Relations. This characteristic recognizes the importance of the ability to motivate employees, sell customers, negotiate with suppliers and convince lenders. Personality plays a big part in success in this area..
  24. 24. SAE Successful Entrepreneurs • According to the Small Business Administration, successful entrepreneurs have five characteristics: – Communication Skills, or the ability to make yourself understood.
  25. 25. SAE Successful Entrepreneurs • According to the Small Business Administration, successful entrepreneurs have five characteristics: – Technical Ability speaks to the need of the entrepreneur to know their product and their market. They must consider the long- and short-term implications of their decisions, their strengths and weaknesses, and their competition. In short, they need strategic management skills.
  26. 26. SAE Entrepreneurship • Some advantages –You are your own boss –Enjoy the profits from you efforts –Sense of pride in your business –Flexibility in your work schedule
  27. 27. SAE Entrepreneurship • Some disadvantages – Will need to put in long hours – Need money to start – Have to keep up with government rules and regulations – May have to mark hard decisions (hiring, firing, etc.) – May lose money
  28. 28. SAE FFA and Entrepreneurship • During the past decade the Kauffman Foundation has supported a new FFA initiative to support entrepreneurship activities – Awards program (and money) – Video “You’re the Boss” – Materials
  29. 29. SAE FFA Agri-Entrepreneurship Program • Each state recognizes the agricultural student who has the best entrepreneurship program. • There is cash award of $100 at the state level. • All entries at the state level go on for national competition.
  30. 30. SAE FFA Agri-Entrepreneurship Program • At the national level, 10 outstanding entrepreneurship students are recognized. • There is cash award of $1000 for each national winner • The FFA chapters of the national award winners each receive $500.
  31. 31. SAE Agri entrepreneurs in india • Gala from bhuj an agri entrepreneur with technology • 30-year-old Gala, who's director of JalbinduAgri Tech. grows export-quality dates and mangoes by installing a first-of-its-kind computer aided technology in India. • After returning from Australia to his native village Ratual (near Bhuj), Gala aimed to become an agri- entrepreneur. What helped in installing this technology was his degree in horticulture from Queensland University in Australia.
  32. 32. SAE FOOD PRODUCTION • Investment in Food Production • Commercial food crop farming is a lucrative undertaking. With tremendous rise in urban populations across the world, the need for fresh foods to cater these people is great. Trends toward industrialization have left fewer entrepreneurs to concentrate on food production. It is, therefore, a good sector for one to make profit, while at the same time contributing to the world population's food supply
  33. 33. SAE AGRI TOURISM • Sunil Bhosle, a farmer in the Jogwadi village in the Baramatitaluk of Pune district, a 13 acre piece of land tilled by his entire family round the year meant an annual income of Rs 60,000-75,000. This was before he was exposed to the benefits of agri-tourism six months ago. Bhosle, with the help of the Agri Tourism Development Organization (ATDO), opened his farms to tourists in June last year, charging each Rs 300-350.
  34. 34. SAE AGRI TOURISM
  35. 35. SAE AGRI TOURISM
  36. 36. SAE Tree Farming • Tree Farming Tree farming as an agricultural entrepreneurial activity is not only a financially rewarding initiative but also an eco-friendly investment. Through commercial tree farming, environmental conservation and protection of natural resources are ensured. Apart from contributing positively to the ecosystem, a sustainable supply is created for industries such as paper and timber processors.
  37. 37. SAE Horticultural Farming • Horticultural Farming Horticultural farming involves the commercial farming of crops such as fruits, vegetables and herbs. These may be conventionally or organically produced to meet market needs. There is always a growing market for fruits and vegetables, and anyone growing them can only expect to make more sales with the passage of time
  38. 38. SAE Agro forestry • Agro-forestry forms part of the principal area of horticultural farming. Agroforestry entails rearing trees and crops on the same land area. It provides multiple benefits, since crops raised contribute to revenue earnings and trees planted not only augment these earnings but also contribute greatly to soil and environmental conservation
  39. 39. SAE Herbal & arometic • Medicinal, herbal and aromatic plants constitute a large segment of the flora, which provide raw materials for use by pharmaceutical, cosmetic, fragrance and flavour industries. They have been used in the country for a long time for their medicinal properties. • India is considered as a treasure house of valuable medicinal and aromatic plant species. It has 15 agro- climatic zones, 47000 different plant species and 15000 medicinal plants. About 2000 native plant species have curative properties and 1300 species are known for their aroma and flavour.
  40. 40. SAE Animal husbandry and dairying • Where you keep live stock serve it and in return you get meat leather ,bones biofertiliser, skin . • You get milk which is highly demended over the world .
  41. 41. SAE Seri culture • You engage in farming SILKWORM ,in return you get SILK.
  42. 42. SAE FISHERIES • TO FARM FISHES,BY USING AVAILABLE RESOURCES OR BY CONSTRUCTING INFRASTRUCTURE AS POND
  43. 43. SAE CHALLENGES • IRREGULAR SOURCE OF IRRIGATION • SMALL LAND HOLDINGS • LOW LITERACY RATE • LOW TECHNICAL LITERACY • MINIMUM SUPPORT PRICE ARE MINIMUM • GOVT. POLICIES,CROP INSURANCE
  44. 44. SAE Africa: Turning local farming into global business
  45. 45. SAE , International Trade Forum interviewed five agri-entrepreneurs. They hail from Mali, Mozambique, Uganda, Kenya and Burkina Faso • TF:What is your core business? • BI: At SN Ranch Koba we grow, process, package and export fruit and vegetables. These include mangoes, green beans, melons, djakatou, tropical products and oil seeds such as sesame, cashew and beeswax. • TF:How did you get started? • BI: I began in 1996 as a local seller of fruit and vegetables – gradually moving into hotel and restaurant deliveries, followed by wholesale distribution to the capital and minor exports in the sub-region. • TF:What has changed since your business began, and how have you adapted? • BI: We formed a limited liability company (LLC), acquired a packaging plant and scaled our fruit and vegetable production up to industrial levels. Today we export to Europe, the Middle East, North Africa, USA and Asia. • TF: What have been your biggest challenges so far, and what do you anticipate for the future of the agricultural sector? • BI: It’s a challenge to keep up with the international rules of food security, which are fast-moving. Looking to the future as arable land becomes scarce in our region, it’s important that we ensure sustainable farming survives and flourishes in Africa. • TF: If you could pinpoint three keys to your success, what would they be? • BI:(1) Single-minded focus: Our strategy has been to establish a top-class reputation in a relatively narrow band of products rather than accepting mediocrity across a broad range; • (2) Thoroughness and obsession with quality standards: These days, a business needs to stay ahead of international certifications to ensure its products are confidently received in export markets; and • (3) Analysis of trends and market research from around the world: This helps us anticipate and meet consumer demand.
  46. 46. SAE • THANKS
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