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59

  1. 1. Entrepreneurship Swathi.A
  2. 2. Definition <ul><li>An entrepreneur is person who busy factor services at certain price with a view of selling its products at uncertain price </li></ul>
  3. 3. According to International Labour Organiation(ILO) <ul><li>An entrepreneur is a person who specialize in taking judgemental decision about the coordination of scarce resources. </li></ul>
  4. 4. <ul><li>Charecteristics of entrepreneur </li></ul><ul><li>Mental ability </li></ul><ul><li>Clear objectives </li></ul><ul><li>Business secracy </li></ul><ul><li>Human Relations Ability </li></ul><ul><li>Communication ability </li></ul><ul><li>Techical knowledge </li></ul>
  5. 5. Qualities of entrepreneur <ul><li>A high level of drive and energy </li></ul><ul><li>Enough self confidence </li></ul><ul><li>A clear idea of money as a way of keeping score </li></ul><ul><li>High but realistic achievable goals </li></ul><ul><li>Readiness to learn from your mistakesand faillure </li></ul>
  6. 6. Skills of entrepreneur <ul><li>Self motivation </li></ul><ul><li>Self confidence </li></ul><ul><li>Ethics& morals </li></ul><ul><li>Time mgt </li></ul><ul><li>Sales </li></ul><ul><li>Finance </li></ul>
  7. 7. Functions of entrepreneur <ul><li>Innovation </li></ul><ul><li>Risk & uncertainty bearing </li></ul><ul><li>Org building </li></ul>
  8. 8. Forms of entrepreneurship <ul><li>Small business entrepreneurship </li></ul><ul><li>Corporate entrepreneurship </li></ul>
  9. 9. Importance of small business in Indian economy <ul><li>Employment </li></ul><ul><li>Balanced regional development </li></ul><ul><li>Optimization of capital </li></ul><ul><li>Mobilization of local resources </li></ul><ul><li>Exchange earnings </li></ul><ul><li>Feeder to large industries </li></ul>

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