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What is INTREPRENEUR ?
An entrepreneur is a person various factor of
production, processes raw material, converts the raw
material into a finished product and creates utility
and sells the produce in the market to earn profit.
….ENTREPRENEUR ARE MADE AND NOT BORN
THE
ENTREPRENEUR
An
Uncertainty
bearer
An
Organizer
An
Innovator
A Change
agent
A Risk
taker
A Creator of
new system
Who is an
ENTREPRENUER ….....
ENTERPRENUER
The term “ENTERPRENEUR” is French word
‘Enterprendre’ (meaning to undertake certain activities).
1. Produces a product
2. Sells & market the product
3. Bear overhead like :-
• Pay rent of land and building
• Wages to labor
• Interest an capital
• Later generates profit
KEY ELEMENT OF ENTREPRENEURSHIP
1. Innovation
2. Risk-taking
3. Vision
4. Organizing skill
The capacity and willingness to develop, organize and
manage a business venture along with any of its risks in
order to make profit. The most obvious example of
entrepreneurship is the starting of new businesses.
ENTREPRENEURSHIP
CHARACTERISTICS
Being on entrepreneur requires specific characteristics
and skill that are often achieved through education, hard
work, and planning.
Risk Taker
Businesses face risk. Entrepreneur minimize risk through research,
planning, and skill development.
Perceptive
Entrepreneur view problem as opportunities and challenge.
Curious
Entrepreneur like to know how things work. They take the time and
initiative to pursue the unknown.
Imaginative
Entrepreneur are creative. They solution to problem that encourage
them to create new products and generates ideas.
Persistent
True entrepreneur face bureaucracy, make mistakes, receive criticism, and
deal with money, family, or stress problem. But they still stick to their dream
of seeing the venture succeed.
Self -confident
Entrepreneur believe in themselves. Their self-confidence take care of any
doubts they may have.
Flexible
Entrepreneurs must be flexible in order to adapt to changing
trends, market, technologies rules, and economic environment.
Independent
An Entrepreneur’s desire for control and the ability to make decisions
often makes it difficult for them to work in a controlled environment.
Hardworking
Entrepreneurs need a great deal of energy to see a venture
start and succeed. Yet they are not deterred by the long
hours to achieve their goal.
Importance of
Entrepreneurship
Economics
Contributes to
Nation’s wealth
Creates job
opportunities
Invention
innovation
Technology
development
Creates competitive
environment
Psychological
Helps people
fulfill creative urge
Helps in self-
expression
Independence
Social
Raises income
standard of living
Promotes self –
employment & helps
solving a social problem
Snow seeds for small
enteprise
Widens Entrepreneurial
base
Types of Participants
• DOERS : Achievers
• DREAMERS : Doing something but not their dream project
• DWADLERS : Undecided
• DUDS : Abandoned their ideas of being entrepreneur
Need of Entrepreneurship
• Increases national production
• Balanced area development
• Dispersal of economics power
• Reinvestment of profit for the welfare of the area of profit generation
• Development is a function of motivation and human resources
• Entrepreneurial awareness
Step to promote Entrepreneurship
• Setup Entrepreneurial Development Institutes in
every states.
• Recognize and celebrates entrepreneurship among
youth as a preferred career.
• Enhance access to finance for start-ups in every
possible way.
• Reduce the time of starting a business and ease
sown to complex procedures of Government
licensing and other such activities like finance and
banking etc. .
• Promote entrepreneurship among women and other
underprivileged.
Work hard for that Dream……..
THANK
YOU

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Electronics and Communication Enginnering

  • 1.
  • 2. What is INTREPRENEUR ? An entrepreneur is a person various factor of production, processes raw material, converts the raw material into a finished product and creates utility and sells the produce in the market to earn profit. ….ENTREPRENEUR ARE MADE AND NOT BORN
  • 5. ENTERPRENUER The term “ENTERPRENEUR” is French word ‘Enterprendre’ (meaning to undertake certain activities). 1. Produces a product 2. Sells & market the product 3. Bear overhead like :- • Pay rent of land and building • Wages to labor • Interest an capital • Later generates profit
  • 6. KEY ELEMENT OF ENTREPRENEURSHIP 1. Innovation 2. Risk-taking 3. Vision 4. Organizing skill The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make profit. The most obvious example of entrepreneurship is the starting of new businesses.
  • 7. ENTREPRENEURSHIP CHARACTERISTICS Being on entrepreneur requires specific characteristics and skill that are often achieved through education, hard work, and planning. Risk Taker Businesses face risk. Entrepreneur minimize risk through research, planning, and skill development. Perceptive Entrepreneur view problem as opportunities and challenge.
  • 8. Curious Entrepreneur like to know how things work. They take the time and initiative to pursue the unknown. Imaginative Entrepreneur are creative. They solution to problem that encourage them to create new products and generates ideas. Persistent True entrepreneur face bureaucracy, make mistakes, receive criticism, and deal with money, family, or stress problem. But they still stick to their dream of seeing the venture succeed.
  • 9. Self -confident Entrepreneur believe in themselves. Their self-confidence take care of any doubts they may have. Flexible Entrepreneurs must be flexible in order to adapt to changing trends, market, technologies rules, and economic environment. Independent An Entrepreneur’s desire for control and the ability to make decisions often makes it difficult for them to work in a controlled environment. Hardworking Entrepreneurs need a great deal of energy to see a venture start and succeed. Yet they are not deterred by the long hours to achieve their goal.
  • 10. Importance of Entrepreneurship Economics Contributes to Nation’s wealth Creates job opportunities Invention innovation Technology development Creates competitive environment Psychological Helps people fulfill creative urge Helps in self- expression Independence Social Raises income standard of living Promotes self – employment & helps solving a social problem Snow seeds for small enteprise Widens Entrepreneurial base
  • 11. Types of Participants • DOERS : Achievers • DREAMERS : Doing something but not their dream project • DWADLERS : Undecided • DUDS : Abandoned their ideas of being entrepreneur Need of Entrepreneurship • Increases national production • Balanced area development • Dispersal of economics power • Reinvestment of profit for the welfare of the area of profit generation • Development is a function of motivation and human resources • Entrepreneurial awareness
  • 12. Step to promote Entrepreneurship • Setup Entrepreneurial Development Institutes in every states. • Recognize and celebrates entrepreneurship among youth as a preferred career. • Enhance access to finance for start-ups in every possible way. • Reduce the time of starting a business and ease sown to complex procedures of Government licensing and other such activities like finance and banking etc. . • Promote entrepreneurship among women and other underprivileged.
  • 13. Work hard for that Dream……..