Best Practices for Implementing an External Recruiting Partnership
enterpreneurfinal-pptx1234556655544444455
1. Entrepreneur work comes form FRENCH origin
meaning “ to undertake”
Entrepreneur take initiation for profits
Entrepreneur
Brand Trademark Business
2. Entrepreneur
An entrepreneur is a person who searches
for changes and responds to it by
starting a enterprise.
Who setup a business or a set of business for
taking financial risk in the hope of
profits.
An entrepreneur introduce new idea,
carries new activities, co-ordinates the
factor of production and describes now
business should run.
Entrepreneur
(Person)
Enterpris e
(Outcom e)
Entrepreneurship
(Process)
3. MANAGER
A manager is one who deals with day to day affair of a going concern an
operates in aexisting enterprise.
A manager used entrepreneur skill in order to manage changes and
innovation of effectively deals with uncertain external environment of
business.
INTRAPRENEUR
A intrapreneur is an entrepreneur with in an already established
organization. This term is used to represent the new breed of co-
operate entrepreneur, we can also call as internal entrepreneur.
They arecreative and innovativepeople working with in the framework o
organization
How entrepreneur is differ form manager and
intrapreneur
4. S.N
.
ENTREPRENEUR MANAGER
1 Set up a new venture Only runs an existing unit
2 Entrepreneur is another name of
innovation who work to find new
method & products etc.
An employee of business
organization. He cannot operate
independently
3 He takes calculated risks and he i
responsible for failure and financi
sHe takes less risks as compare to
a
e
lntrepreneur
4 He starts & run his venture He ca
independently. He self employed
he is own BOSSgoing concern.
nnot be an innovator. He
& deals with the day to day affairs
5 He is motivated by profits and he
may even suffer loss.incentive. Hi
negative.
He is motivated by rewards or
s salary cannot be
DIFFERENCE BETWEEN ENTERPRENEUR AND MANAGER
of
5. Entrepreneurship
The activities one by an entrepreneur for setting up a
business or set of business, taking on financial calculated
risk in thehopeofprofits
CREATIVITY
ACTIVITY
PERFORM BY
ENTERPRENEUR THOUGHT
PROCESS
ENTERPRENEURSHIP
Entrepreneur give some idea or transformational information that boost the busin
to the next level
6. WHY ENTERPRENEURSHIP..?/ Rewards of
Entrepreneurship
Being creative
Work satisfaction
Having job security
Making more money
Being your own boss
Setting your own schedule
Being recognized in the community
Doing something you enjoy
7. Characteristic of an entrepreneur
ENTREPRENEUR
leadership
Self starter
Discipline
Action oriented
Self confidence
Endless curiosity Visionary
Creative
Risk taking
Winning
performance
competitive
Open minded
Goal oriented
Passion
Determination
8. Key point that only important for an
entrepreneur
CREATIVTY INNOVATION
to
Ability
make
something
new
Moving from known
to Unknown
State of mind
that come
change 100%
It should be based on
future disruptive
projection
9. INNOVATION
Based on Imagination
Increase quality/skills
Future disruptive projection
Based on experiences
Existing Old Assumption
Maintain the quality/skills
AGILITY STABILITY
11. FUTURE DISRUPTIVE PROJECTION eg. 2
1940-60 Telephone
Trunk call
Radio common
carrier
Rotatory dial
telephone
Fixed analog phone
Portable cordless
phone
2005 walkman
phone
2004 blackberry
add Email
2002 cemraphone
@ 0.3 mp
1996 phone with
watch/calender
1990 mobile phone
12. Self discovery (Strength/ weakness)
Identify opportunities (need/ want)
Generating & evaluating idea (experiences/discussion) SWOT analysis
Planning (Research/Plan/Strategies)
Starting up Capital (required capital)
Start-up (Lunching)
Growth (Expansion of business)
Harvest (advantage of all above )
PROCESS OF ENTERPRENEURSHIP
13. Life line of the nation
Provide innovation
Growth of economy
Increase profits
Employment opportunity
IMPORTANCE OF ENTREPRENEURSHIP
14. Life line of the nation
An enterprise
manufacturing
the product
Product in
market/
selling /earning
Developed
economy/ nation
grow
Generate
revenue
Produced taxes
15. Provide innovation
Ability to be
creative
Invention
Innovation
Ability to spot the
opportunities
SUCCESSFUL DEVELOPMENT
OF ENTERPRISE
16. Entrepreneur Serviceman
•No fixed money
•No earning limit
Developed their own
business and earn high profit
•Fixed money
•Earning limit
Work with in an organization
Increase Profits
18. REASON BEHIND SUCCESS OF ANY BUSINESS
•Customer need is food for your growth factory
1.They focus on customer need
2.Not on technology, manpower, process,
•Create pipeline of prom
fa
i
c
s
il
i
it
n
y
g idea
1. Team for encouraging to
ask/discussion
• Pilot experimentation & validation
• Commercialization launch & Ramp up
Implement of concept of 5P1.
• Price/People/Product/ 2.
Process/Promotional
1.
2.
Improvement cycle3.
Pilot scale-up/small proto typetest
Experiment/validate/reaction/feedback
Implement on large scale
Create network/ distributor/partner/
dealers
Createsupply chain
AGILITY STABILITY SUCCESS
19. Pharmaceutical entrepreneur
In the past decade and a half, two very different sectors of the
Indian economy have generated enormous wealth and thrown
up a record number of billionaires. One of these is the software
services industry and other, the pharmaceutical and healthcare
sector.
FIRM 2005-2015 2020 (EXPECTED)
Industry
Hospital -or
healthcare
Moving up from $6 billion to
over $12 billion in revenues.
Expected to be $55
billion
$100 billion by the end of 2015$280 billion by 2020.
20. In March this year, the phenomenal rise of the pharmaceutical sector i
India was hammered home when Dilip Shanghvi, the mild
mannered and low key founder of Sun Pharma, found himself in the
spotlight for having become the richest man in the country,
displacing Mukesh Ambani of Reliance Industries.
Singh brothers of the Fortis healthcare chain, who sold Pharma firm
Ranbaxy to Dilip Shanghvi.
The Reddy family of Dr Reddy's Laboratories,
Dr Prathap Reddy of Apollo Hospitals,
Deshbandhu Gupta of Lupin,
Y.K. Hamied of Cipla,
Cyrus Poonawala of Serum institute
Kiran Mazumdar-Shaw of Biocon,
22. COMPANY NAME FOUNDER COMPANY NAME
ALKEM
LABOLATORIES
Samprada Singh
AUROBINDO P.V. Ramaprasad Reddy
Biocon Kiran Mazumdar-Shaw
Serum institute Poonawala
23. Generate
employment
Simply
change the
lifestyle
observed day
to day
problem of
people
Founder Jeff bezos
library online submit
Out of box thinking
Traditional work + new
technology = innovation
1995
First Launch
E.Com platform
for selling book
online
Founder (2009)
Garrett Camp
Founder (2010)
RohitBansal/ Kunal
Bahl
Founder (2007)
SachinBansal/ Binny
Bansal
24. You never become a rich,
until you sell your time
You will,
when you buy the time
