The document outlines the key characteristics of a successful entrepreneur divided into three clusters:
1. Achievement cluster which includes being opportunity-seeking, committed to work, persistent, risk-taking, and demanding high efficiency and quality.
2. Planning cluster involving goal-setting, seeking information systematically, and planning and monitoring business performance.
3. Power cluster such as persuasion, networking, and self-confidence.
The document provides examples of each characteristic and suggests student activities to help identify and develop entrepreneurial traits in themselves.
Importance of Entrepreneurship | Jignesh BarasaraJignesh Barasara
Entrepreneurship helps in identifying and developing managerial capabilities of entrepreneurs. An entrepreneur after studying a problem, identifies its alternatives, compares the alternatives in terms of cost and benefits implications to choose the best alternative.
Connect with us: -
Official Facebook Page -
https://www.facebook.com/JigneshBarasaraEntrepreneur/
Official Twitter Page - https://twitter.com/BarasaraJignesh
Official Pinterest Page - https://in.pinterest.com/jbarasara/
Youtube Channel - https://www.youtube.com/c/JigneshBarasara
CHAPTER 2: MARKETING PRINCIPLES AND STRATEGIES
Lesson 1: Relationship Marketing
Lesson 2: Customer Value
Lesson 3: Customer Relationship Development Strategies Lesson 4: Customer Service Strategy in the Philippine Business Enterprise.
Resources: Principles of Marketing of Dr. Serrano.
Importance of Entrepreneurship | Jignesh BarasaraJignesh Barasara
Entrepreneurship helps in identifying and developing managerial capabilities of entrepreneurs. An entrepreneur after studying a problem, identifies its alternatives, compares the alternatives in terms of cost and benefits implications to choose the best alternative.
Connect with us: -
Official Facebook Page -
https://www.facebook.com/JigneshBarasaraEntrepreneur/
Official Twitter Page - https://twitter.com/BarasaraJignesh
Official Pinterest Page - https://in.pinterest.com/jbarasara/
Youtube Channel - https://www.youtube.com/c/JigneshBarasara
CHAPTER 2: MARKETING PRINCIPLES AND STRATEGIES
Lesson 1: Relationship Marketing
Lesson 2: Customer Value
Lesson 3: Customer Relationship Development Strategies Lesson 4: Customer Service Strategy in the Philippine Business Enterprise.
Resources: Principles of Marketing of Dr. Serrano.
A 60 minute decision-based adventure to stimulate classroom discussion
This experience allows teachers to facilitate discussions on business ethics and social responsibility by giving the students first-hand opportunities to take ethical decisions. As the facilitator, you control the pace of this interactive story as it unfolds across student smartphones, tablets or desktops. The whole story is self-contained in the dashboard - a common website that pretends to be a mobile phone.
Entrepreneurial Management (EM 01) - EntrepreneurshipSuhas Dutta
This deck covers the definition of Entrepreneurship and what is means according to various thinkers, and what implications it might have. This is the second deck.
Part of the course on Entrepreneurial Management that I taught at Bangalore University last Spring (2014).
A 60 minute decision-based adventure to stimulate classroom discussion
This experience allows teachers to facilitate discussions on business ethics and social responsibility by giving the students first-hand opportunities to take ethical decisions. As the facilitator, you control the pace of this interactive story as it unfolds across student smartphones, tablets or desktops. The whole story is self-contained in the dashboard - a common website that pretends to be a mobile phone.
Entrepreneurial Management (EM 01) - EntrepreneurshipSuhas Dutta
This deck covers the definition of Entrepreneurship and what is means according to various thinkers, and what implications it might have. This is the second deck.
Part of the course on Entrepreneurial Management that I taught at Bangalore University last Spring (2014).
Entrepreneurial competencies & Factors affecting its growthAmandaBvera
Entrepreneurial competencies and factors affecting its growth is the title of this presentation, it covers the following topics- definition of entrepreneurial competencies, major entrepreneurial competencies, how to develop entrepreneurial competencies and what are the factors affecting entrepreneurial growth. This is the second lecture presentation in the subject- Entrepreneurship and Small business management. It follows the study note format. Enjoy learning.
Management Function of an Entrepreneur - HermosuraNixzele Bernardo
Nixzele Bernardo
9-Duhat
Septemeber 06, 2019
Management Function of an Entrepreneur
The four management functions of an entrepreneur
Entrepreneurs are broadly classified
into/our categories as mentioned below
Entrepreneur Functions
Managerial Functions
ADVERTISEMENT
Promotional Functions
Commercial Functions
P.O.S.D.C of management
Planning: the process of setting objectives and determining what needs to be done to successfully accomplish the assignment-mission of an organization.
Organizing: the process of task assignment, the coordination of resources, team structuring, and work activities for the organization.
Staffing: the process of building the team by attempting to attract and retain qualified people to the organization.
Directing: the process that provides leadership, arranges motivational opportunities, and builds a good working environment.
Controlling: the process of establishing enterprise-wide standards, analyzing results, measuring actual performance and monitoring to see whether standards have been met. Controlling also includes making the right decisions and corrective actions, if needed.
Investigating Entrepreneurial
Opportunities
EnTreP anD BuSiness PlanniNg :)
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Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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Characteristics of an entrepreneur
1. Characteristics/qualities of a successful entrepreneur<br />Qualities or Personal Entrepreneurial Characteristics (PEC) of successful entrepreneurs refer to the desired traits, which enable an entrepreneur to do what is expected of him/her and succeed in business. It is the combination of these characteristics that is required to enable any one to perform effectively as an entrepreneur. It is possible for people to develop these characteristics and succeed in their careers as entrepreneurs. Successful entrepreneurs have common characteristics, which are divided into three clusters namelyachievement, planning and power.<br />1. Achievement Cluster<br />Opportunity seeking<br />This refers to the quality that enables the entrepreneur to see and act upon new business opportunities even in situations where other people see nothing but problems/hopelessness only. It also encourages him/her to seize unusual opportunities for obtaining the necessary resources such as financing, equipment, land, workspace, technical assistance, etc, which will enable him/her to implement his/her business ideas.<br />Commitment to the work contract<br />This is the ability to accept final responsibility for completing a job for the customers. Customers expect entrepreneurs to perform and honour their commitments. It follows therefore that the entrepreneur should do everything possible to ensure that he/she fulfils the commitment with his/her customers. It means joining the workers to work with them to ensure that contractual commitments are fulfilled, the entrepreneur will do it.<br />Persistence<br />This is the quality, which enables the entrepreneurs to develop determination to have a thorough job done at any cost in terms of personal sacrifice. By doing this, the entrepreneur remains working towards the achievement of his/her set goals.<br />Risk taking<br />Entrepreneurs are people who prefer taking moderate risks. Before they commit themselves and their resources, they assess the risks that are associated with a business opportunity that they have selected, and their ability to manage them, the benefits that they will realise and the challenges that they will face from the venture to be undertaken.<br />Entrepreneurs can earn profits as a result of taking risks and the higher the risks, the higher the profits. However, entrepreneurs will always prefer to take on those risks that they can manage.<br />Demand for efficiency and quality<br />This is the quality that enables an entrepreneur to do things that meet or surpass existing standards of excellence or improve on performance by striving to do things faster, better and cheaply. By doing this, the entrepreneur remains ahead of others, makes more profits and retains a growing market share.<br />2. Planning Cluster<br />The planning cluster is made up of the following characteristics:<br />Goal setting<br />This refers to the ability of an entrepreneur to set clear and specific goals and objectives. These goals and objectives are normally high and challenging but at the same time, realistic and can be attained, given the resources that one has got at his/her disposal.<br />Information seeking<br />This is having the urge to look for the required information in order to make an informed decision, for example, selecting, starting and successfully managing the desired business. This calls for the concerned person to personally seek and obtain information regarding customers, suppliers, competitors as well as any other relevant information that is required to enable the entrepreneur make decisions and improve knowledge on his/her business.<br />Systematic planning and monitoring<br />This is the ability to develop plans that will be used in monitoring and evaluating the progress of the business. This helps the entrepreneur to carefully monitor his/her business’ actual performance against desired performance and turn to other alternatives whenever the need arises; so as to achieve his/her set goals.<br />3. Power Cluster<br />Persuasion and networking<br />This is the ability to link, convince and influence other individuals, agencies and other groups in order to maintain business contacts at a high level. This will help or work for the cause of the business in a positive manner to accomplish own objectives.<br />Self-confidence<br />This refers to having a strong belief or confidence in oneself and the ability to complete a difficult task or meet a challenge.<br />Student Activity 4<br />1. Name the various characteristics of an entrepreneur and list these characteristics on a board or flip chart.2. Draw a picture showing an entrepreneur. [I.e. the picture could be of anything (a person, a tree, etc.), but should show as many characteristics of an entrepreneur as possible.]3. Interpret your completed picture to other people explaining the characteristics being potrayed.6. Think about how you might demonstrate some of the entrepreneurial characteristics in school work, extra-curricular activities, or part-time job.7. Record your personal entrepreneurial characteristics in your exercise books.<br />Reflection<br />Try to discover that you may have many of the characteristics of the entrepreneur they you potrayed in your picture(s).<br />Checklist: Characteristics of an entrepreneur<br />Self-confidentIndependentDeterminedAble to make decisionsVersatileAble to take calculated risksAchievement-orientedResourcefulEnergeticAble to leadEfficientGoal-orientedImpatientOptimisticCompetitiveResponsibleEager to learnResponsive to changeFlexiblePerceptiveInitiative-takerResponsive to criticism<br />