5. • “The biggest risk is not taking any risk… in a world that is changing
really quickly, the only strategy that is guaranteed to fail is not taking
risks.”
• faceMash
11. • “An entrepreneur is someone who jumps off a cliff and builds a plane
on the way down.” ― Reid Hoffman.
• The idea of entrepreneurship revolves mostly around having an Idea,
working on it until it is materialized, face challenges daily, competing
with others in your industry and ultimately increasing the profits of
your business.
• If you want to be a successful entrepreneur, make sure to have a clear
vision, work hard on your goals, have the right team and be
consistent for next few years.
12.
13.
14. MINI PROJECT -1 (KMBN 152)
• Course Credit -2
• Course Objective-
• 1. To develop an innovative idea for product or services in form of a project
report.
• 2.To understand importance and relevance of innovative idea, its feasibilities and
detail descriptions.
• Project/Practical work / Seminar
• In first semester, the students are required to develop an innovative idea for
product or services and a project report to be prepared on that idea under the
guidance of faculty member. Report will be prepared individually and this report
will consist of importance and relevance of innovative idea, its feasibilities and
detail descriptions. The report will be evaluated by one external examiner
appointed by university. Student has to present his output through a seminar.
• EVALUATION- INTERNAL PRESENTATION: 25 MARKS
• EXTERNAL VIVA: 50 MARKS
15. FORMAT OF PROJECT PROPOSAL
NAME OF THE PROJECT----
PROPOSER------
1. Background of the project: (briefly explain what led the project idea to arise)
2. Goals and objectives: ( What is the project aiming to achieve)
3. Broad scope of the project: (Briefly state what is included and what is excluded)
4. Deliverables: What will the project produce?
5. Stakeholders: (Who has power and influence in this project? What are their
concerns likely to be)
6. Timeframe and resourcing estimates: (likely duration of project? Likely types
and amounts of resources – labor and non-labor required? What is the likely
source of funding?
7. Risk and key assumption: (Identify all known major risks the project faces and
outline the major assumptions made in the proposal)