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Entrepreneur
Start
Entrepreneur …a visionary
A person who have an idea and dare to start that Idea. Or
A people who have a talent for seeing ...
2

Who is
entrepreneur?
3
4

Types of
Entrepreneurs
5
6
7
8
9

What drives
entrepreneur?
10
11
12
13
14
15
16
17

Analogy of
Male & Female
entrepreneur?
Motivation

18

Cont.

• Achievement- Strive to make
things happen
• Personal independence – self
image as it relate to st...
19

Departure Point

Cont.

• Dissatisfaction with present job
• Sideline in college, sideline to
present job, or outgrowt...
20

Source of Funds

Cont.

• Personal assets and savings
• Bank Financing

• Personal assets and savings

• Investors

• ...
Occupational Background

21

Cont.

• Experience in line of work

• Experience in area of business

• Recognized specialis...
Personal Characteristics

22

Cont.

• Opinionated and persuasive

• Flexible and tolerant

• Goal Oriented

• Goal orient...
23

Background
• Age when starting venture: 2535
• College educated – degree in
business or technical area
(usually engine...
24

Support Group
• Friends, professional
acquaintances (lawyers,
accountants)

Cont.

• Close friends
• Spouse
• Family

...
Type of Business
• Manufacturing, technology
or construction

25

• Service related – educational
services, consulting, or...
26

Difference between
Entrepreneur and
Manager
27

Cont.

Motive
The main motive of an entrepreneur is
to start a venture for his personal
gratification

Main motive of ...
28
Innovation
Entrepreneur himself thinks over what and
A manager simply executes plans prepared
how to produce goods or s...
29

Harsh Reality

Downside of being
Entrepreneur
Tons of Mountainous
Challenging Circumstances
aka hurdles to overcome

30

YOU with idea and
tactics to fight with
goliath
31
32

Your working time
never stops.
33

Your family and friends
won't understand,
what you do.
34
35
36
37
38
39
40
41
42
43
44
45
46
47

Upside of being
Entrepreneur
48
49
50
51
52

Own Way
53

Be Different
54
55
56

What it takes
to become an
Entrepreneur?
57
58
59
60
61
62
63
64
65
66
67

WANT TO BE YOUR
OWN BOSS
68
69

ALWAYS GIVE UP
NEVER TRY AGAIN…

“Get up, Stand up, don’t give up the fight”
70

NEED HELP TO
BUILD YOUR DREAM TO
BECOME YOUR OWN BOSS
Contact us: P: +995 599 382295
Email: info@iedc.ge |Website: www...
Thank You!
To Your Success!

Vivek K. Singh | wiweck@gmail.com | +91-81265 95580
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What it take to be an Entrepreneur?

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Often young people dream and think about entrepreneurship as a short cut way of being rich and get famous and when challenges start coming in their entrepreneurial journey, they simply quit in between the great expedition. I believe, Social network and digital media channels directly responsible for creating the negative influence of overnight success. Many young entrepreneurs are still missing the right direction because of unaware of dark side of being an entrepreneur.So what it takes to be an Entrepreneur?

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Transcript of "What it take to be an Entrepreneur?"

  1. 1. Entrepreneur Start
  2. 2. Entrepreneur …a visionary A person who have an idea and dare to start that Idea. Or A people who have a talent for seeing opportunities and the abilities to develop those opportunities into profitmaking businesses. Who believes in: “It is not in the stars to hold our destiny but in ourselves.” William Shakespeare 1
  3. 3. 2 Who is entrepreneur?
  4. 4. 3
  5. 5. 4 Types of Entrepreneurs
  6. 6. 5
  7. 7. 6
  8. 8. 7
  9. 9. 8
  10. 10. 9 What drives entrepreneur?
  11. 11. 10
  12. 12. 11
  13. 13. 12
  14. 14. 13
  15. 15. 14
  16. 16. 15
  17. 17. 16
  18. 18. 17 Analogy of Male & Female entrepreneur?
  19. 19. Motivation 18 Cont. • Achievement- Strive to make things happen • Personal independence – self image as it relate to status trough their role in the corporation is unimportant. • Job satisfaction arising from the desire to be in control. • Achievement- Accomplishment of a goal • independence – to do it alone
  20. 20. 19 Departure Point Cont. • Dissatisfaction with present job • Sideline in college, sideline to present job, or outgrowth of present job • Job frustration • Discharge or layoff • Change in personal circumstances • Opportunity for acquisition • Interest in and recognition of opportunity in the area
  21. 21. 20 Source of Funds Cont. • Personal assets and savings • Bank Financing • Personal assets and savings • Investors • Personal loans • Loans from friends and family
  22. 22. Occupational Background 21 Cont. • Experience in line of work • Experience in area of business • Recognized specialist or one who has gained a high level of achievement in the field • Middle-management or administrative-level experience in the field • Competent in variety of business functions • Service-related occupational background
  23. 23. Personal Characteristics 22 Cont. • Opinionated and persuasive • Flexible and tolerant • Goal Oriented • Goal oriented • Innovative and idealistic • Creative and realistic • High-level of self confidence • Medium-level of self-confidence • Enthusiastic and energetic • Enthusiastic and energetic • Must be own boss • Ability to deal with the social and economic environment
  24. 24. 23 Background • Age when starting venture: 2535 • College educated – degree in business or technical area (usually engineering) • Firstborn child Cont. • Age when starting venture: 3545 • College educated – degree in liberal arts • Firstborn Child
  25. 25. 24 Support Group • Friends, professional acquaintances (lawyers, accountants) Cont. • Close friends • Spouse • Family • Business associates • Women’s professional groups • Spouse • Trade associations
  26. 26. Type of Business • Manufacturing, technology or construction 25 • Service related – educational services, consulting, or public relations
  27. 27. 26 Difference between Entrepreneur and Manager
  28. 28. 27 Cont. Motive The main motive of an entrepreneur is to start a venture for his personal gratification Main motive of a manager is to render services is an enterprise already set by someone else. Status Owner Employee Risk Assume risk and uncertainty Manager does not beer any risk involved in enterprise Rewards Profits, which are highly uncertain and not fixed. Salary which is certain and fixed.
  29. 29. 28 Innovation Entrepreneur himself thinks over what and A manager simply executes plans prepared how to produce goods or service to meet by the entrepreneur. the changing needs of the customers. Hence he acts as innovator/change agent. Qualification An entrepreneur needs to possess qualities A manager needs to possess distinct and qualifications like high achievement qualifications in terms of sound knowledge motive, originality in thinking, foresight, in management theory and practice. risk-bearing ability etc.
  30. 30. 29 Harsh Reality Downside of being Entrepreneur
  31. 31. Tons of Mountainous Challenging Circumstances aka hurdles to overcome 30 YOU with idea and tactics to fight with goliath
  32. 32. 31
  33. 33. 32 Your working time never stops.
  34. 34. 33 Your family and friends won't understand, what you do.
  35. 35. 34
  36. 36. 35
  37. 37. 36
  38. 38. 37
  39. 39. 38
  40. 40. 39
  41. 41. 40
  42. 42. 41
  43. 43. 42
  44. 44. 43
  45. 45. 44
  46. 46. 45
  47. 47. 46
  48. 48. 47 Upside of being Entrepreneur
  49. 49. 48
  50. 50. 49
  51. 51. 50
  52. 52. 51
  53. 53. 52 Own Way
  54. 54. 53 Be Different
  55. 55. 54
  56. 56. 55
  57. 57. 56 What it takes to become an Entrepreneur?
  58. 58. 57
  59. 59. 58
  60. 60. 59
  61. 61. 60
  62. 62. 61
  63. 63. 62
  64. 64. 63
  65. 65. 64
  66. 66. 65
  67. 67. 66
  68. 68. 67 WANT TO BE YOUR OWN BOSS
  69. 69. 68
  70. 70. 69 ALWAYS GIVE UP NEVER TRY AGAIN… “Get up, Stand up, don’t give up the fight”
  71. 71. 70 NEED HELP TO BUILD YOUR DREAM TO BECOME YOUR OWN BOSS Contact us: P: +995 599 382295 Email: info@iedc.ge |Website: www.iedc.ge
  72. 72. Thank You! To Your Success! Vivek K. Singh | wiweck@gmail.com | +91-81265 95580
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