2. What is Entrepreneurship
• Entrepreneurship is the process of starting a business or other organization.
• The entrepreneur develops a business plan, acquires the human and other
required resources, and is fully responsible for its success or failure.
3. Some Facts about Entrepreneurship
• According to BizCamp program, funded by the Citi Foundation 91% of the
participants indicated they would like to own a business.
• For the first time in 30 years, business closings are outpacing business openings.
• Companies and institutes are investing in students to come up with innovative ideas.
• Citation: "Young People Need to Know Entrepreneurship Is Hard” HBR, by Shawn
Osborne, 6th April 2015.