2.entrepreneurial motivation

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2.entrepreneurial motivation

  1. 1. ENTREPRENEURIALMOTIVATION
  2. 2. LOCUS OF CONTROL An attribute indicating the sense of control that a person has over life.
  3. 3. NEED FOR ACHIEVEMENT AND INDEPENDENCE Need for independence :A need to do things in his or her own ways and has difficult time working for others. Need for achievement :An individual’s need to be recognized.
  4. 4. RISK TAKING They take calculated risk as they analyze risks and take decisions and even have alternate plans to work on. Career risk Financial risk Psychological Risk
  5. 5. ENTREPRENEUR CHARACTERISTICS Childhood family Environment Education Personal Values Age Work history Role Model Moral –support System Professional –support System
  6. 6. WOMEN ENTREPRENEURS
  7. 7. WOMEN ENTREPRENEURS
  8. 8. FACTORS RESPONSIBLE FORENTREPRENEURSHIP Background FactorsMotivational Entrepreneurship EconomicFactors Factors Rewards
  9. 9. FACTORS RESPONSIBLE FORENTREPRENEURSHIPBackground Factors: Education ,training and experience Family background Support system Financial conditionsMotivational Factors: Need for achievement Locus of control Business environment
  10. 10. CONT…Economic Factors: Supportive government policies Availability of funds Availability of technical factors Ancillary supportRewards Recognition Social status
  11. 11. BARRIERS TO ENTREPRENEURSHIP Environmental Barriers: Raw material Labour Machinery Land and Building Infrastructure Requirements Financial Barriers
  12. 12. PERSONAL BARRIERS Lack of Confidence Lack of dependability on others Lack of Motivation Lack of patience Inability to Dream Sense of embarrassment
  13. 13. SOCIETAL BARRIERS Pressure from community Pressure from Family Pressure from peer group
  14. 14. CORE AND DESIRABLE ATTRIBUTES
  15. 15. ATTITUDES AND BEHAVIORS OF ENTREPRENEURS
  16. 16. CONT…

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