This document discusses the characteristics and skills of entrepreneurs. It defines entrepreneurs as individuals who start and run their own businesses, taking on financial and personal risks to pursue their vision. The document outlines key characteristics of entrepreneurs, including that they are visionary, willing to take risks, creative, and independent. It provides examples of Bill Gates and Sara Blakely as entrepreneurs who demonstrated these characteristics in building hugely successful companies.

1. TOPIC: CHARACTERISTICS AND SKILLS OF
ENTREPRENEURS
PRESENTED BY:-
NAME: SANDIP PRADHAN
SECTION: A
SEMESTER: VI
STUDENT CODE: BWU/DCS/20/013
COURSE NAME: INDUSTRIAL MANAGEMENT AND ENTREPRENEURSHIP
COURSE CODE: DCSE601
BRAINWARE UNIVERSITY

2. INTRODUCTION
Below are the three keywords explain:
Entrepreneurs are individuals who start and run their own businesses,
taking on financial and personal risks in order to pursue their vision. An
Enterprise is an activity or a project that produces services or products.
Entrepreneurship is the ability and readiness to develop, organize and run a
business enterprise, along with any of its uncertainties in order to make a
profit.

3. CHARACTERISTICS OF AN ENTREPRENEUR
Through this a relatation with the keyword has been made:
 Visionary: Entrepreneurs have a clear and compelling vision of what they want to achieve
with their business.
 Risk-taking: Entrepreneurs are willing to take calculated risks and are comfortable with
uncertainty.
 Creative: Entrepreneurs are able to come up with innovative solutions to problems and
think outside the box.
 Independent: They are self-motivated and don't need external validation to pursue their
goals.
 Adaptive: Entrepreneurs are able to adapt to changing circumstances and pivot their
business strategy as needed.

4. WRITE/ EXAMINE HOW IT WILL SOLVE BUSINESS PROBLEM

5. ANALYSE THE CONCEPT WITH THE HELP OF A DIAGRAM

6. APPRAISE THE CONCEPT WITH RESPECT TO ITS APPLICATION
 Develop a business plan. Good plan always works
 Build Skillful Team & Departments
 Meditate - for mind & soul balance
 Be Financially Prepared. Always have some emergency fund
 Be flexible
 Give yourself creative space

7. THE ENTREPRENEURS :
Bill Gates, the co-founder of Microsoft, is known for his
creativity, vision, and risk-taking. He built Microsoft
from a small startup into one of the most successful
and influential technology companies in the world, and
has since become a leading philanthropist, using his
wealth and influence to make a positive impact on the
world.

8. Sara Blakely, the founder of Spanx, is known for her
creativity, resilience, and adaptability. She built her
business from the ground up and faced many
challenges along the way, but was able to pivot and
adapt to changing market conditions to achieve
incredible success.