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Basics of entrepreneurship

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Basics of Entrepreneurship

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Basics of entrepreneurship

  1. 1. BASICS OF ENTREPRENEURSHIP -By Entrepreneurship Cell, Amity University, Lucknow
  2. 2. • The BOSS !!!! • The Business Owner • The Risk Taker • One Who Starts A New Business • The Resourceful Guy
  3. 3. French Word Origin
  4. 4. Entrepreneurship According to George Glider – From “The Spirit of the Enterprise” “It is making the World forever NEW. It is taking AGGRESSIVE Actions.” According to Joseph Schumpeter “It is destroying the old order and creating new ones.”
  5. 5. The Entrepreneurial Mindset Opportunity Seizing Opportunity Screening Opportunity Seeking
  6. 6. -In a Business Sense, it is an Idea that has Commercial Potential. -Something you can make money with, develop a business around it, or create value with it.
  7. 7. MASTERIES FOR AN ENTREPRENEUR 1 •Mastery Of Self 2 •Mastery of Opportunity • Mastery of The Enterprise 3
  8. 8. Traits of An Entrepreneur: D’s • Dream • Determined • Details • Dollar • Decision • Doer • Distribute • Destiny • Devotion • Dedication
  9. 9. Traits of An Entrepreneur: F’s • Founder • Faith • Focused • Frugal • Fast • Fun • Flexible • Flat • Forever Improving
  10. 10. FORMS OF ENTREPRENEURSHIP Social Entrepreneurship Business Entrepreneurship Techno Entrepreneurship
  11. 11. Compelling Reasons Why Do We Need Entrepreneurs??? • 90% of the World’s Jobs are Created By Entrepreneurs. • Problem Solvers • Source of New Products and Innovation. • It’s the Entrepreneurs- not the Central Bank - that keeps the ECONOMY moving.
  12. 12. THREE COMPETENCIES OF THE COMPLETE ENTREPRENEUR Originator Operator IMPLEMENTER Organizer
  13. 13. THE LASTWORD!!!

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