This document discusses entrepreneurship, including what it means, different types, characteristics of small entrepreneurs, examples of young successful entrepreneurs, the importance and challenges of entrepreneurship, and opportunities. It defines entrepreneurship as developing, organizing and running a business to make a profit. It identifies types like small business, startups, large companies, and social entrepreneurship. Qualities of small entrepreneurs include taking risks, innovation, vision, flexibility, and knowledge of their product. Examples are given of entrepreneurs who started successful businesses in their 20s and 30s. The document outlines challenges such as developing an idea and plan, fundraising, and competition, but also opportunities across various industries.
2. What is entrepreneurship ?
Entrepreneurship is the ability and readiness
to develop, organize and run a business
enterprise along with any of its
uncertainties in order to make a profit. The
most prominent example of
entrepreneurship is the starting of new
businesses.
4. Characteristics of a small
Entrepreneurship:
Ability to take risk
Innovation
Visionary and Leadership
Open minded
Flexible
Know the product
5. Does age matter ?
Jamsedhji Tata
TATAGROUPS
AGE: 39year
Richa kar
ZIVAME
33years
Farrhad acidwalla
Rockstah Media
21 years
Deepinder goyal
ZOMATO
29years
6. Importance of Entrepreneurship
Creation of Employment
Innovation
Impact on Society and Community
Development
Increase Standard of Living
Supports research and development
7. How challenging can it be?
Developing the Vision and Business Idea
Poor market research
Detailed business plan
Raising Capital for Startup
Developing a business team
Unforeseen challenges
Competition
Keeping Up With Industrial Changes and
Trends
8. Opportunities
Business Consulting
hairdresser,
grocery store
Fresh water industry
Fitness and wellness industry
Media
Tourism agency
Food processing industry
Baby Products
carpenter, plumber, electrician etc
9. “Build your own dreams, or someone else will
hire you to build theirs”
– A.P.J Abdulkalam
