6. Requirements to be an entrepreneur
๏ Innovation,
๏ Creativity
๏ Risk Taking
๏ Organization
7. Promoting Entrepreneurship
In India, where over 30 crores people are living
below the poverty line, it is simply impossible for
any government to provide means of livelihood to
everyone.
Such situations surely demands
entrepreneurshipnd for a continuous effort from
the society, where the pneople are encouraged to
come up with their entrepreneurial initiative.
8. ๏ Dhirubhai Ambani alias Dhirajlal
Hirachand Ambani was born on
December 28, 1932, at Chorwad,
Gujarat, into a Modh family. His
father was a school teacher.
Dhirubhai Ambani started his
entrepreneurial career by selling
"bhajias" to pilgrims in Mount Girnar
over the weekends.
9. ๏ After doing his matriculation at the age of 16, Dhirubhai
moved to Aden, Yemen. He worked there as a gas-station
attendant, and as a clerk in an oil company. He returned
to India in 1958 with Rs 50,000 and set up a
textile trading company.
10. ๏ Assisted by his two sons, Mukesh and Anil, Dhiru Bhai
Ambani built India's largest private sector company,
Reliance India Limited, from a scratch. Over time his
business has diversified into a core specialisation in
petrochemicals with additional interests in
telecommunications, information technology, energy,
power, retail, textiles, infrastructure services, capital
markets, and logistics.
11. ๏ N.R.Narayana Murthy
An Indian IT chief who's really made it big
without dropping his ethical precepts by
the wayside is Nagawara Ramarao
Narayana Murthy, Chairman of Infosys.
๏ Born in 1946, Murthy's father was a
schoolteacher in Kolar district, Karnataka,
India. A bright student, Murthy went on to
acquire a degree in Electrical Engineering
from Mysore University and later studied
Computer Science at the IIT, Kanpur,
India.
12. ๏ The Infosys legend began in
1981 when Narayana Murthy
dreamt of forming his own
company, along with six
friends. There was a minor
hitch, though-he didn't have
any seed money. Luckly, like
many Indian women who
save secretly without their
husband's knowledge, his
wife Sudha-then an engineer
with Tatas-had saved Rs
10,000. This was Murthy's
first big break.
13. Infosys.
๏ The decade until 1991 was a tough period when
the couple lived in a one-room house. The second
break came in 1991 when Indian doors to
liberalization were flung openโฆ Murthy grabbed
the opportunity with both hands and has never
looked back ever since. Today, Infosys is the first
Indian company to be listed on the US NASDAQ.
๏ It provides employment to 85,000 people.
14. Food king
๏ When 27-year old Sarathbabu
graduated from the Indian
Institute of Management,
Ahmedabad, he created quite a
stir by refusing a job that offered
him a huge salary. He preferred
to start his own enterprise --
Foodking Catering Service -- in
Ahmedabad.
18. What will be the qualities needed to
succeed in this new world?
First and foremost, we need the entrepreneurial spirit.
๏ Outside India, this spirit has been very evident in the
IT industry.
๏ 35% of the start-ups in Silicon Valley are by Indians.
๏ We need to have similar risk-taking ability within the
country as well.
19.
20. ๏ What they need is the continuous energy and optimism.
๏ Entrepreneurs must learn how to overcome the risk of
failure, or of vulnerability.
21. Qualities of an Entrepreneur:
1. Common Sense:
Specialized Knowledge of the Field:
. Self Confidence:
Ability to Get Things Done:
Creativity:
Leadership:
22. Qualities of an Entrepreneur:
7. Communication Skill:
Willingness to take Risk:
Willingness to Accept Criticism:
Self Motivation and
Determination :
23. Suggested Areas for Kerala
1. Food sector - Food Processing, Packaging,
Cashew processing, Bakery and confectionery.
2. Fisheries - Fish Hatchery, Processing units,
Aquarium, Sea Food sector,
3. Coir and Handloom sector,
4. Rubber based industries
24. Suggested Areas for Kerala
5. Plant tissue culture, Nursery, Horticulture,
Floriculture and Farm management.
6. Diagnostic testing labs โ Biochemical tests, water
testing, Environmental testing and medical
laboratory testing.
7. Information Technology Enabled Services,
Software Development and Data analysis.
25. Suggested Products
๏ Decorative papers
๏ Paper Bags
๏ Paper board cartons
๏ Paper cups/plates
๏ Paper envelopes
๏ Drinking straws
26. Suggested Products
๏ Paper napkins including
facial tissue napkins
๏ Gummed tape
๏ Teleprinter rolls
๏ Stencil paper
๏ Toilet paper rolls and
sheets
๏ Letter pads
27. Suggested Products
๏ Hot water bags Rubber
๏ Rubber balloons
๏ Rubber washers
๏ Rubber eraser
๏ 'O' ring rubber