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ENTREPRENEURSHIP
By
Laxminarayan Sharma
CONTENTS
The entrepreneur
French word origin
Entrepreneurship
What is an opportunity???
The entrepreneurial mindset
Masteries for an entrepreneur
Traits of an entrepreneur: d’s
Traits of an entrepreneur: f’s
Forms of entrepreneurship
Three competencies of the complete entrepreneur
Dhirajlal Hirachand Ambani
The Reliance Industries that is the home to such a large population in India, was founded by him
along with his cousin.
Ratan Naval Tata
Ratan Naval Tata is an Indian industrialist, investor and a former chairman of Tata Sons who serves
as its chairman emeritus.
Nagavara Ramarao Murthy
Nagavara Ramarao Murthy is an Indian IT industrialist and the co-founder of Infosys, a multinational
corporation providing business consulting, technology, engineering, and outsourcing services.
THE ENTREPRENEUR
THE BOSS
THE BUSINESS OWNER
THE RISK TAKER
ONE WHO STARTS A NEW BUSINESS
THE RESOURCEFUL GUY
A person who sets up a business or businesses, taking on financial
risks in the hope of profit.
FRENCH WORD ORIGIN
ENTREPRENDRE
- TO DO SOMETHING OR TO UNDERTAKE
ENTREPRENEURSHIP
Accordingto GeorgeGlider –
From“TheSpiritof the Enterprise”
“Itismaking theWorldforeverNEW. It istakingAGGRESSIVEActions.”
AccordingtoJoseph
“It isdestroyingthe oldorder andcreatingnew ones.”
WHAT IS AN OPPORTUNITY???
A time or set of
circumstances that makes it
possible to do something.
In a Business Sense, it is an
Idea that has Commercial
Potential.
-Something you can make
money with, develop a
business around it , or
create value with it.
THE ENTREPRENEURIAL MINDSET
Opportunity seizing
- To do something
Opportunity Screening
- Return Investment
Opportunity Seeking
- attempt to find something.
Opportunity Seizing
 "Entrepreneurship is the process of seizing opportunity,
innovating, providing value, acquiring resources, managing risks,
and reaping benefits within the context of ethical determination."
Opportunity Screening
 Do I have the drive to pursue this opportunity to the end?
 Will I spend all my time, effort, and money to make the
business opportunity work?
 Will I sacrifice my existing lifestyle, endure emotional
hardship, and forego my usual comforts to succeed in this
business opportunity?
Opportunity Seeking
The ongoing process of considering, evaluating, and pursuing
market-based activities that are believed to be advantageous for
the firm. Prior experience informs the process, but it may also limit
it: opportunity seeking calls for continuous reconsideration and
adaptive learning.
MASTERIES FOR AN ENTREPRENEUR
• Mastery Of Self
2
• Mastery of The
Enterprise3
1
• Mastery of Opportunity
TRAITS OF AN ENTREPRENEUR: D’S
• Dream
• Determined
• Details
• Decision
• Doer/ Performer
• Distribute
• Destiny
• Devotion
• Dedication
TRAITS OF AN ENTREPRENEUR: F’S
• Founder
• Faith
• Focused
• Fast
• Fun
• Flexible
• Flat
• Forever Improving
FORMS OF ENTREPRENEURSHIP
Social Entrepreneurship
Business Entrepreneurship
Techno Entrepreneurship
REASONS WHY DO WE NEED
ENTREPRENEURS???
o 90% of the World’s Jobs are Created By Entrepreneurs.
o Problem Solvers
o Source of New Products and Innovation.
o It’s the Entrepreneurs not the Central Bank that keeps the
ECONOMY moving.
THREE COMPETENCIES OF THE
COMPLETE ENTREPRENEUR
Originator
Operator Organizer
IMPLEMENTER
THELAST
THING!!!
DON’T
LET
YOUR
DREAMS
BE
DREAMS
REFERENCE
https://en.wikipedia.org/wiki/Entrepreneurship
THANK YOU

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Entrepreneurship

  • 2. CONTENTS The entrepreneur French word origin Entrepreneurship What is an opportunity??? The entrepreneurial mindset Masteries for an entrepreneur Traits of an entrepreneur: d’s Traits of an entrepreneur: f’s Forms of entrepreneurship Three competencies of the complete entrepreneur
  • 3.
  • 4. Dhirajlal Hirachand Ambani The Reliance Industries that is the home to such a large population in India, was founded by him along with his cousin.
  • 5. Ratan Naval Tata Ratan Naval Tata is an Indian industrialist, investor and a former chairman of Tata Sons who serves as its chairman emeritus.
  • 6. Nagavara Ramarao Murthy Nagavara Ramarao Murthy is an Indian IT industrialist and the co-founder of Infosys, a multinational corporation providing business consulting, technology, engineering, and outsourcing services.
  • 7.
  • 8. THE ENTREPRENEUR THE BOSS THE BUSINESS OWNER THE RISK TAKER ONE WHO STARTS A NEW BUSINESS THE RESOURCEFUL GUY A person who sets up a business or businesses, taking on financial risks in the hope of profit.
  • 9. FRENCH WORD ORIGIN ENTREPRENDRE - TO DO SOMETHING OR TO UNDERTAKE
  • 10. ENTREPRENEURSHIP Accordingto GeorgeGlider – From“TheSpiritof the Enterprise” “Itismaking theWorldforeverNEW. It istakingAGGRESSIVEActions.” AccordingtoJoseph “It isdestroyingthe oldorder andcreatingnew ones.”
  • 11. WHAT IS AN OPPORTUNITY??? A time or set of circumstances that makes it possible to do something. In a Business Sense, it is an Idea that has Commercial Potential. -Something you can make money with, develop a business around it , or create value with it.
  • 12. THE ENTREPRENEURIAL MINDSET Opportunity seizing - To do something Opportunity Screening - Return Investment Opportunity Seeking - attempt to find something.
  • 13. Opportunity Seizing  "Entrepreneurship is the process of seizing opportunity, innovating, providing value, acquiring resources, managing risks, and reaping benefits within the context of ethical determination."
  • 14. Opportunity Screening  Do I have the drive to pursue this opportunity to the end?  Will I spend all my time, effort, and money to make the business opportunity work?  Will I sacrifice my existing lifestyle, endure emotional hardship, and forego my usual comforts to succeed in this business opportunity?
  • 15. Opportunity Seeking The ongoing process of considering, evaluating, and pursuing market-based activities that are believed to be advantageous for the firm. Prior experience informs the process, but it may also limit it: opportunity seeking calls for continuous reconsideration and adaptive learning.
  • 16. MASTERIES FOR AN ENTREPRENEUR • Mastery Of Self 2 • Mastery of The Enterprise3 1 • Mastery of Opportunity
  • 17. TRAITS OF AN ENTREPRENEUR: D’S • Dream • Determined • Details • Decision • Doer/ Performer • Distribute • Destiny • Devotion • Dedication
  • 18. TRAITS OF AN ENTREPRENEUR: F’S • Founder • Faith • Focused • Fast • Fun • Flexible • Flat • Forever Improving
  • 19. FORMS OF ENTREPRENEURSHIP Social Entrepreneurship Business Entrepreneurship Techno Entrepreneurship
  • 20. REASONS WHY DO WE NEED ENTREPRENEURS??? o 90% of the World’s Jobs are Created By Entrepreneurs. o Problem Solvers o Source of New Products and Innovation. o It’s the Entrepreneurs not the Central Bank that keeps the ECONOMY moving.
  • 21. THREE COMPETENCIES OF THE COMPLETE ENTREPRENEUR Originator Operator Organizer IMPLEMENTER
  • 24.