Basic information on Entrepreneurship

1. Entrepreneurship
BUSINESS TOPIC

2. What is entrepreneurship ?
 The term entrepreneur, in French, if literally translated, means “go-
between” and has been used since the 12th Century
 Entrepreneurs are people that notice opportunities and take the
initiative to mobilize resources to make new goods and services
 Entrepreneurs also notice opportunities and take initiative to
mobilize resources, however they work in large companies and
contribute to the innovation of the firm
 Entrepreneurs often become entrepreneurs

3. characters
 Motivation
 Risk Tolerance
 Vision
 Mental ability and Creativity
 Ability to plan
 Communication skills
 Marketing skills
 Leadership skills

4. Functions
 Innovation and creativity
 Risk measurement and risk taking
 Analyze the opportunities and threats
 Preparing a business plan
 Organization of the venture
 Development of venture
 Preparing business plan
 Supervision and control

5. Types of entrepreneurship
 Small business entrepreneurship
 Scalable Startup Entrepreneurship
 Large Company Entrepreneurship
 Social Entrepreneurship

6. Advantages
 Being an entrepreneur means you get to be your own boss
 Entrepreneurs get to discover who they really are
 Entrepreneurs get to dictate their own schedule
 Freedom to make own decision
 Every day is exciting in the world of entrepreneurship
 Entrepreneurs get to be the innovators of their industry

7. Disadvantages
 The world of entrepreneurship is going to dominate your life
 The world of entrepreneurship requires leaders if you want to be
successful
 Stress levels are high in the world of entrepreneurship
 Funding can be a significant problem for entrepreneurs
 Risky
 Long irregular hours

8. List of few entrepreneurs in India 2019
 Ritesh Agarwal. Founder- OYO Rooms
 Shradha Sharma. Founder- Yourstory
 Bhavish Aggarwal. Founder- Ola Cabs
 Vijay Shekhar Sharma. Founder- Paytm
 Deepinder Goyal and Pankaj Chaddah. Founders- Zomato

9.  eBay – India
 Zebpay India - Singapore
 Moneybox – Bangalore
 MrNeeds – Dehli
 Just Buy Live – Mumbai
 Tazzo - Bangalore