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 www.twitter.com/devbajpai http://devbajpai.blogspot.in http://www.slideshare.net/devendubajpai                        ...
A DISCOVERY WITHIN          Devendu Bajpai - www.twitter.com/devbajpai
E NTREPRENEUR                ?ONE WHO LISTENS TO    ONE WHO TAKES    HIS HEART        CALCULATED RISKSONE WHO REALISES    ...
WHAT ENTREPRENEURS DO ?  THEY CREATE &     SOME DEFINE THEIR GROW A VENTURE           LIVESSOME CHANGE THEIR              ...
•   In 1892 , 84% of Americas 4,047 millionaires    were entrepreneurs and now 7 million have    incomes > $ 100k and 4 mi...
 60%   of new jobs are created in small  enterprises 65% of inventions come from small  enterprises 69% of Fortune 500 ...
 ENTREPRENEURSHIP   DRIVES    ECONOMIC GROWTH & PROSPERITY – A    STRONG CORELATIONA) ENTERPRISES / SMALL BUSINESSES CREA...
 ODD / LONG WORKING HOURS INCREASED STRESS MARRIAGE / RELATIONSHIP FINANCIAL LEGAL / LAWSUITS LUCK / CHANCE - ‘Is th...
READYARE   YOU                  ?            Devendu Bajpai - www.twitter.com/devbajpai
 SELF  CONFIDENCE – risk taking,  independent SELF MOTIVATION – optimistic, self starting SELF REALISATION – finds pass...
PLEASE REMEMBER ,- IT’S A PERSONAL JOURNEY- THERE ARE NO RIGHT OR WRONG  ANSWERS APPRAISE  YOUR PERSONAL SKILLS &  EDUCAT...
 TRAINING CLASSES JOIN INDUSTRY GROUPS JOIN NETWORKING GROUPS NETWORK JOIN CEO ROUND TABLES /  MENTORING SESSIONS RE...
 LACK OF EXPERIENCE INSUFFICIENT CAPITAL POOR LOCATION OVER INVESTMENT IN FIXED ASSETS PERSONAL USE OF BUSINESS FUNDS...
 PERSONAL   MISSION STATEMENT TIME   MANAGEMENT MATRIX                       Devendu Bajpai - www.twitter.com/devbajpai
ACTIVITIES   TYPE        CONTRIBUTION    RESULTSFAMILYFRIENDSWORKSOCIALACTIVITIES                    GET YOUR PRIORITIES R...
URGENT          NOT URGENT            NECESSITY       QUALITY & PERSONALIMPORTANT                   GROWTH                ...
 ENTREPRENEURSHIP & MSME PROMOTION  SCHEMES BY CENTRAL & STATE  GOVERNMENTS SPECIAL SCHEMES FOR WOMEN, YOUNG & SC  /ST E...
 DEFERRED PLACEMENT PROGRAM (DPP) BY IIT  KHARAGPUR, MUMBAI & BANGALORE (2012) TECHNOLOGY INCUBATION & DEVELOPMENT  OF E...
 NEW / UNIQUE BUSINESS MODEL / IDEA NEW / UNIQUE PRODUCT / TECHNOLOGY FRANCHISING – EDUCATION, F&B, RETAIL ETC. PROCES...
 MINISTRY OF MSME, GOVT OF INDIA –  http://msme.gov.in/msme_ministry_schemes.htm RAJEEV GANDHI UDYAMI MITRA YOJNA  (RGUM...
Q&        A        Devendu Bajpai - www.twitter.com/devbajpai
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Entrepreneurship – A Discovery within - By Dev Bajpai

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Entrepreneurs build societies, cities , countries and not just businesses. For a successful community enterprise is the most important.

Individual with capabilities & risk taking abilities should expand their horizon by becoming entrepreneurs & should avoid the easy way out by doing the routine or standing in line for a job.

To be sure that you are the one ? You have to discover yourself in light of requirements for becoming a successful ENTREPRENEUR .....CHECK WHAT YOU NEED & WHY !

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Transcript of "Entrepreneurship – A Discovery within - By Dev Bajpai"

  1. 1.  www.twitter.com/devbajpai http://devbajpai.blogspot.in http://www.slideshare.net/devendubajpai Devendu Bajpai - www.twitter.com/devbajpai
  2. 2. A DISCOVERY WITHIN Devendu Bajpai - www.twitter.com/devbajpai
  3. 3. E NTREPRENEUR ?ONE WHO LISTENS TO ONE WHO TAKES HIS HEART CALCULATED RISKSONE WHO REALISES ONE WHO CREATES HIS ASPIRATIONS VALUE Devendu Bajpai - www.twitter.com/devbajpai
  4. 4. WHAT ENTREPRENEURS DO ? THEY CREATE & SOME DEFINE THEIR GROW A VENTURE LIVESSOME CHANGE THEIR SOME CHANGE THE COUNTRIES / WORLD COMMUNITIES Devendu Bajpai - www.twitter.com/devbajpai
  5. 5. • In 1892 , 84% of Americas 4,047 millionaires were entrepreneurs and now 7 million have incomes > $ 100k and 4 million Millionaires• 86% entrepreneurs have accumulated wealth in one generation, thus only 14 % inherited their wealth.• In 2002-03 US businesses with < 500 employees gained 2 million jobs, while ones with > 500 employees lost $ 100k jobs.• In 2002-03 US reported highest ever growth in self employment of 5.7 % Devendu Bajpai - www.twitter.com/devbajpai
  6. 6.  60% of new jobs are created in small enterprises 65% of inventions come from small enterprises 69% of Fortune 500 companies started with <50k $ 54% of Fortune 500 companies were started from home 50% of Fortune 500 companies were non technical startups Contd…. Devendu Bajpai - www.twitter.com/devbajpai
  7. 7.  ENTREPRENEURSHIP DRIVES ECONOMIC GROWTH & PROSPERITY – A STRONG CORELATIONA) ENTERPRISES / SMALL BUSINESSES CREATE JOBS FASTER THAN LARGE COMPANIES – EMPLOYS ¾ OF THE US EMPLOYEES AND FORMS 1/3RD OF THE US GDPB) DEVELOPS NEW PRODUCTS & SERVICES MORE FREQUENTLYC) CHANGES & INNOVATES PROCESSES FASTER APPROXIMATELY 6.5 LACS ENTERPRISES START EVERY YEAR CHANCES OF SMALL ENTERPRISES BECOMING BIG COMPANIES 900:1 Devendu Bajpai - www.twitter.com/devbajpai
  8. 8.  ODD / LONG WORKING HOURS INCREASED STRESS MARRIAGE / RELATIONSHIP FINANCIAL LEGAL / LAWSUITS LUCK / CHANCE - ‘Is the matter of preparation meeting opportunity’ - Oprah Winfrey, TV talk show host , producer & founder of Harpo Production. FAILURE - Approximately 50% new ventures fail in the first year itself. Devendu Bajpai - www.twitter.com/devbajpai
  9. 9. READYARE YOU ? Devendu Bajpai - www.twitter.com/devbajpai
  10. 10.  SELF CONFIDENCE – risk taking, independent SELF MOTIVATION – optimistic, self starting SELF REALISATION – finds passion & loves it INNOVATION – creative, intuitive, specialised LEADERSHIP – persuasive, decisive PERSISTENSE – determined, hard working PRO-ACTIVENESS – flexible, emotionally controlled TIME MANAGEMENT - alert, orgainsed Devendu Bajpai - www.twitter.com/devbajpai
  11. 11. PLEASE REMEMBER ,- IT’S A PERSONAL JOURNEY- THERE ARE NO RIGHT OR WRONG ANSWERS APPRAISE YOUR PERSONAL SKILLS & EDUCATION EVALUATE YOUR DECISION MAKING ABILITIES INCREASE YOUR BUSINESS KNOWLEDGE IDENTIFY YOU ENTREPRENEURIAL Devendu Bajpai - www.twitter.com/devbajpai
  12. 12.  TRAINING CLASSES JOIN INDUSTRY GROUPS JOIN NETWORKING GROUPS NETWORK JOIN CEO ROUND TABLES / MENTORING SESSIONS READ RELATED BOOKS & MAGAZINES FIND A MENTOR OR ADVISOR USE A COACH Devendu Bajpai - www.twitter.com/devbajpai
  13. 13.  LACK OF EXPERIENCE INSUFFICIENT CAPITAL POOR LOCATION OVER INVESTMENT IN FIXED ASSETS PERSONAL USE OF BUSINESS FUNDS POOR CREDIT ARRANGEMENTS POOR INVENTORY MANAGEMENT COMPETITION LOW SALES & UNEXPECTED GROWTH Devendu Bajpai - www.twitter.com/devbajpai
  14. 14.  PERSONAL MISSION STATEMENT TIME MANAGEMENT MATRIX Devendu Bajpai - www.twitter.com/devbajpai
  15. 15. ACTIVITIES TYPE CONTRIBUTION RESULTSFAMILYFRIENDSWORKSOCIALACTIVITIES GET YOUR PRIORITIES RIGHT !
  16. 16. URGENT NOT URGENT NECESSITY QUALITY & PERSONALIMPORTANT GROWTH MANAGE FOCUS DECEPTION WASTENOT -IMPORTANT AVOID AVOID Devendu Bajpai - www.twitter.com/devbajpai
  17. 17.  ENTREPRENEURSHIP & MSME PROMOTION SCHEMES BY CENTRAL & STATE GOVERNMENTS SPECIAL SCHEMES FOR WOMEN, YOUNG & SC /ST ENTREPRENEURS ENTREPRENEURSHIP PROMOTION BY EDUCATIONAL INSTITUTIONS THROUGH E-Cells, E-Mentoring, E-Funding etc. TECHNOLOGY INCUBATION CENTERS DEDICATED ENTERPRENEUR & TECHNOLOGY INDUSTRIAL PARKS VENDOR DEVELOPMENT PROGRAMS OF LARGE INDUSTRIES IN AUTOMOTIVE & Devendu Bajpai - www.twitter.com/devbajpai
  18. 18.  DEFERRED PLACEMENT PROGRAM (DPP) BY IIT KHARAGPUR, MUMBAI & BANGALORE (2012) TECHNOLOGY INCUBATION & DEVELOPMENT OF ENTREPRENEURS (TIDE) FOR ELECTRONICS & ICT BY GOI OFFSHORE ENTREPRISES IN SILICONE VALLEY TO OVERCOME VISA & WORK PERMIT ISSUES. BLUESEED BASED OUT OF SUNNYVALE WILL BE LAUNCHING ITS FIRST VESSEL BY 2013. Devendu Bajpai - www.twitter.com/devbajpai
  19. 19.  NEW / UNIQUE BUSINESS MODEL / IDEA NEW / UNIQUE PRODUCT / TECHNOLOGY FRANCHISING – EDUCATION, F&B, RETAIL ETC. PROCESS / WORK OURSOURCING – TIER 2/3 SUPPLIER TO AUTOMOTIVE / ENGINEERING / RETAIL / F&B / TOURISM INDUSTRIES SERVICE PROVISION TO SMEs IN – HR, TRAINING, EDP, MARKETING, QA, TESTING, TRAVEL & LOGISTICS FUNCTIONS. SMEs RELATED TO TOURISM, CONSTRUCTION, MAINTAINANCE, SERVICING ETC. OPPORTUNITIES IN GOVT & PSU PROCUREMENT Devendu Bajpai - www.twitter.com/devbajpai
  20. 20.  MINISTRY OF MSME, GOVT OF INDIA – http://msme.gov.in/msme_ministry_schemes.htm RAJEEV GANDHI UDYAMI MITRA YOJNA (RGUMY), MINISTY OF MSME, GOI - http://rgumy.nic.in/ DEPARTMENT OF MSME, GOVT OF TAMILNADU- http://www.msmeonline.tn.gov.in/faqtamil1.pdf NATIONAL SMALL INDUSTRIES CORPORATION (NSIC)-http://msme.gov.in/msme_nsic_schemes.htm KHADI & VILLAGE INDUSTRIES COMMISION (KVIC)- http://www.kvic.org.in/v4/SCHEMES.asp TIDE - http://www.mit.gov.in/content/technology- incubation-and-development-entrepreneurs Devendu Bajpai - www.twitter.com/devbajpai
  21. 21. Q& A Devendu Bajpai - www.twitter.com/devbajpai

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