easy language and easy data

1. Entrepreneurship
Meaning , defination
charACTERISTICS
skills and
PROBLEMS

2. Entrepreneurship
 Meaning
Entrepreneurship is meant the function of seeking
investment
And production opportunity , organising an
enterprise to undertake a new production
process, raising capital , hiring labour , arranging
the supply of raw materials , finding site ,
introducing a new technique and commodities ,
discovering new sources of raw materials and
selecting top managers of day-to-day
operations of the enterprise .

3. Entrepreneurship
 DEFINATION
Entrepreneurship is the attempt to create value through
recognition of business opportunity , the management
of risk- taking opportunity , and through the
communicative and management skills to mobilise human
, financial and material resources necessary to bring a
project to fruition .

4. Entrepreneurship
 Characteristics
Taking initiative and presence of responsibility
Internal locus of control
Calculated risk taking and risk seening
Ability of building the organisation and high achievement
Integrity and reliability
A function of social , political and economic structure

5. Entrepreneurship
 Characteristics
A function of group level pattern
Gap filling function
Innovation
A function of social , political and economic structure
A function of status withdrawal

6. Entrepreneurship
A FUNTIONAL OF SOCIAL, POLITICAL AND
ECAONOMIC STRUCTURE
Limitation
structure
Labour
Structure
Demand
structure
Opportunity
structure

7.  Entrepreneurship
 Problems of Entrepreneurship
 Lack of viable concept
 Lack of market familiarity
 Lack of speed control
 Lack of business knowhow
 Complacency ,Non motivation
 Social stigma

8. Entrepreneurship
 Problems of
Entrepreneurship
 Time pressures , distractions
 Legal constraints , regulation red tape
 Protectionism monopoly
 Job ”LOCK-INS” “ GOLDEN HANDCUFFS”
 Patent inhibitions
 Lack of technical skills
 Lack of education ,attitude and trainning , and
unfavorable family background  Lack of technical skills  Lack of technical skills

9. Entrepreneurship
 Skills Required for Entrepreneurship
 Taking initiative
 Problem solving skills
 Creative thinking
 Knowledge about market condition
 Ability of future forecasting and vision
 Capacity to work hard
 Team / organisation building skills
 Work taking ability from others
 Capacity to withstand social opposition
 Opportunity seeker and goal oriented
 Strong need for achievement
 Calculated risk taking and risk seeking
 Bringing inovative ideas

10.  Entrepreneurship devlopment in india -
Sultan chand and sons (book)