The document covers the fundamentals of entrepreneurship in India, including criteria for product selection, creativity, and stakeholder understanding. It emphasizes the importance of a positive mindset, emotional and spiritual quotients for successful entrepreneurship, and suggests areas for business opportunities. Additionally, it provides insights on customer satisfaction, profitability, and personal development for entrepreneurs.

1. Fundamentals of
Entrepreneurship
Expectations & Learning's from this session
• Entrepreneurship in India
• Levels of Entrepreneurship
• Basic criteria for a Product selection
• Creativity and Entrepreneurship
• Approach for Sustained Achievement (Triple Bottom
line approach)
• Understanding Stakeholders (Suppliers & Customers)
• Relation between Customer Satisfaction & Profitability
• Mind-set Traits of Successful Entrepreneurs
• Suggested Readings & Videos

2. Continual Improvement
Consultants

3. Act
Act as a Catalyst
to
“Clients process”
for
maximum gain

4. The Bridge
Bridging the Gap
between
Industry & Academia
• I have written one book to make
people understand the
requirement of Manufacturing
sector in India based on my
experience with Japanese &
Korean counter parts
BOOK is Available in Kindle
Edition & Hard Copy

8. Rule
No
We have
to
work hard
consistently
ANY SET FORMULA

9. Think of most
troublesome
and irritating
time of your life

10. • Go to Developed country and
see new developments there
• Go to rural area and find
opportunities
• Work in the Bottom of the
Pyramid
Where to Look for Opportunities

11. How To Select a Business Product
1.Roti, Kappada & Makkaan
2. Mobile & related
3. Education
4. Health
5. NGO’s
6. Environment
7. Drinking Water

12. Product has to be
Environment Friendly
&
Sustainable
( Triple Bottom line Approach)

14. Criterion for Business selection
• Problem (Issues concerning society upliftment)
Solving
• It should increase Employability
• Ease of Doing Work ( Time Saving)
• Unorganised to Organised

15. • Here your Creativity will come into play
What is Creativity ?
Creativity is ,
 the ability to make or
 otherwise bring into existence
something new,
 whether a new solution to a problem,
 a new method or device, or
 a new artistic object or form.
Note: Studies also show that intelligence has little correlation with creativity; thus, a
highly intelligent person may not be very creative
Creativity and Entrepreneurship

16. G
r
e
a
t
Leader
Manager
Team Player
Capable Individual
Humility + Determination
Do Right things, Set Targets
Do things Right,
Achieve Set Targets
Contributing Team
Player
Having values
from Institute,
Society, Family
Human First
First Who?
What?
I
Q
E
Q
&
S
Q
Criterion for Team selection and Management

17. Emotional Quotient EQ
&
Spiritual Quotient SQ

18. • looks
•
•
1.
Emotional Quotient EQ & Spiritual Quotient SQ
Stimulus Response
Freedom to
Choose from
EQ
From
Reactive
to
Proactive
Responsibility - Response - ability
Sr.
no
Reactive Proactive
1 Affected by their physical
environment.
Not affected by their physical
environment.
2 Affected by their social
environment.
Not affected by their social
environment .
3 Driven by feelings, by
circumstances , by
conditions, by their
environment.
.
• Driven by values which are
carefully thought selected
and internalized.
• Ability to subordinate an
impulse to a value is the
essence

19. SQ
Spirituality increases the ability of a person to be creative and
to be aware and insightful.
1. Though we have too many comforts compared to
previous generations: are we really happier?
Here is where spirituality helps us to find our inner
peace of mind
2. It helps tremendously coping up and do away with
modern problems of intolerance, inconsiderateness,
lack of humanness.
3. Spirituality is the ability to recognize that there is
intelligence beyond our five senses. A long and
healthy life is important for any individual. Living
happily depends on how much we are at peace with
our inner self, our core – our thoughts, emotions,
beliefs and desires.

20. Understanding the Stakeholders
(Supplier and Customers)
• Understanding Customer Satisfaction
• Benefits of High Customer Satisfaction
• How to work for Customer Satisfaction
• Understanding Supplier strengths
• Supplier development
• Timely & Adequately Payment
How to build Supplier relation
How to work for Customer

21. Responsibility For Customer Satisfaction

22. Profitability
Market
Share
Customer
Relation
Customer
Satisfaction
Customer
Acquisition
Customer satisfaction & Profitability

23. 1. The ability to maintain a positive
attitude
2. Openness to anything
3. The curiosity of a child
4. Persuasion comes
naturally to you
5. You're creative
6. You're motivated on your own
Mind-set Traits of Successful Entrepreneurs
Times are tough for any
entrepreneur, and one of
the keys to surviving is
having the right mindset.
If you think you have any
of these signs within you,
then you're going to be a
fine entrepreneur. If you
have the passion and drive
to become better and help
people become better,
then your business will
continue to thrive.

24. 7. Resiliency and tenacity
8. Taking ownership of everything that happens
9. Receptiveness to anything
10. Passion
11. The ability to walk in another person's shoes
Mind-set Traits of Successful Entrepreneurs

25. 1. The power of positive thinking
2. Embrace failure
3. Surround yourself with positive people
4. Stay motivated with goal-setting
5. Take action and be resilient
6. Embrace risk with a calculated approach (SWOT)
7. Adopt a growth mind set
8. The importance of self-care
9. Overcoming imposter syndrome
10.Building a support system
Overcoming Self-Doubt and Encouraging
Growth

27. SUGGESTIVE READING & VIDEOS
Watch
Shark
Tanks
of
various
countries
 https://drvidyahattangadi.com/
importance-of-spirituality-
quotient/
 https://www.entrepreneur.com/
leadership/11-mindset-traits-of-
successful-entrepreneurs/380182

28. IMPORTANT CONTACTS

29. Any Querries
to be
Answered ?
THANK YOU