Entrepreneurs are Born, Not Made! This PPT discuss the roadmap of an entrepreneurial journey. Which includes details related to startup opportunities , funding agencies, stories of successful entrepreneurs etc.

1. Entrepreneurship
Dr. Umme Salma M

2. AGENDA
SESSION-I
• Entrepreneurship- An Overview
• Characteristics
• Need
• Life Cycle
• Activity
SESSION-II
• Government Initiatives and Policies
• Challenges of an Entrepreneur
• Entrepreneurship –Success Stories
• Entrepreneurial Opportunities in Various Disciplines
2

3. Activities:
GROUP DISCUSSION
• How many of you want to start his/her own business?
• Why do you think you can be a good
entrepreneur/businessman?
●Questionnaire
3

4. 4

5. Activity-I Self-evaluation
Can I become an Entrepreneur ?
5
“The Secret of
getting ahead is
getting started.”
-Mark Twain

6. Activity-1 Self-Evaluation
 Entrepreneurial Self-Assessment Survey
 This is not a test…. This survey is for your personal
information.
 Please answer each of the following questions as
honestly as possible.
 Strongly Agree -5
 Agree-4
 Somewhat Agree -3
 Disagree-2
 Strongly Disagree -1
6

7. Activity-1 Self-evaluation
1. I am willing to work 50 hours or more per week
regularly.
2. My family will support my going into business.
3. I am willing to accept both financial and career
risks when necessary.
4. I don't need all the fringe benefits provided by
conventional employment.
5. I would like to take full responsibility for the
successes and failures of my business.
7

8. Activity-1 Self-evaluation
6. I would experience more financial success by
operating my own business.
7. I feel a great deal of pride when I complete a
project successfully.
8. I have a high energy level that can be maintained
over a long time.
9. I enjoy controlling my own work assignments &
making all decisions affecting my work.
10. I believe that I am primarily responsible for my
own successes and failures.
8

9. Activity-1 Self-evaluation
11. I have a strong desire to achieve positive results even
when it requires a great deal of additional effort.
12. I have a good understanding of how to manage a
business.
13. I can function in ambiguous situations.
14. One or both of my parents were entrepreneurs.
15. I believe that my abilities and skills are greater than
those of most of my co-workers.
9

10. Activity-1 Self-evaluation
16. People trust me and consider me honest and
reliable.
17. I always try to complete every project I
start, regardless of obstacles and difficulties.
18. I am willing to do something even when
other people laugh or belittle me for doing it.
19. I can make decisions quickly.
20. I have a good network of friends,
professionals, and business acquaintances.
TOTAL:_____
10

11. ENTREPRENEURSHIP- OVERVIEW
●Why is business changing?
●During the past 100 years small,efficient, and
manageable companieshave become large
unmanageable bureaucratic organizations.
●Global competition
●Corporate Crash was inevitable
●Industries are evolving and transforming at a
puzzling pace.
Radio 38 yrs-50 million listeners, T.V. 13 yrs-50
million viewers.
●Internet 05yrs -50 million users.
11

12. • Steve Jobs toured Xerox in the late 70s and was
introduced to graphical user interface – Thus Born
was Apple.
• Computer technologies were first pioneered by
IBM with patents, scientists, and the R&D to go to
market.
• Minicomputer market was created by
entrepreneurs at Digital and the computer work
station at Sun Microsystems.
12

13. • Innovation does not only involve technology.
• It can represent unique distribution strategies like
Sears and Roebuck, Amazon.com, Alibaba etc
• Convenience like McDonalds and Starbucks.
• Catering the needs of the people like Uber, Ola and
Oyo rooms.
• Making life of the people comfortable. E.x. Paytm
13

14. Entrepreneurship- An Overview
• Entrepreneur -derived from the
● French entreprendre, meaning
● “to undertake.”
• Common myths about
● entrepreneurs
● Entrepreneurs are Born,
● Not Made!
14

15. 15

16. Need for Entrepreneurship
• Self growth
• Increases national production
• Balanced area development
• Dispersal of economic power
• Reinvestment of profit for the welfare of the area of
profit generation
• Recognition
• Global visibility
16

17. 17

18. Stages in the Entrepreneurship Life Cycle
● Each stage poses different managerial challenges and requires
different managerial competencies.
18

19. 19
Outline of the Entrepreneurial Organization

20. 20

21. 21

22. Lead by Example
● LakshmiMenon
● Keralite
● Lakshmi Menon – Jewellery Designer by Profession
Social Entrepreneur by Passion.
● Video1
● Video1 Youtube link:
https://www.youtube.com/watch?v=saee7swOpJA
22

23. Women Entrepreneur
● Lakshmi Menon – Jewellery Designer by Profession Social
Entrepreneur by Passion.
23

24. The Making of the World’s Youngest
Entrepreneur
• Miss Gabielle Jordan Williams
• Young Entrepreneur- Child prodigy
• Jewelry Designer
• Video2
• Video2 Youtube Link:
https://www.youtube.com/watch?v=EblQj_pZFlQ
24

25. Session-I Summary
• Great business ideas are all around us.
• Opening your eyes to trends that will effect the future
business environment is all that is important.
• How do we recognize these trends?
• Look at things around that bug you.
• What do you not have that you need?
25

26. ● Session II
• Successful and Unsuccessful Entrepreneurs
• Challenges of an Entrepreneur
• Entrepreneurship –Success Stories
• Entrepreneurial Opportunities in Various
Disciplines
26

27. Successful and Unsuccessful Entrepreneurs
27
Successful Unsuccessful
Creative and Innovative Copy Paste
Position themselves in
shifting or new markets
Lack adaptability
Create new products, new
process
Lack innovative mindset
Well disciplined Low work ethic
Manage the resources
efficiently
Poor Managers
Competent to identify the
future trend and efficient
to plan accordingly.
Inefficient to plan and
prepare for the future

28. Rewards of Entrepreneurship
• Being the boss
• Doing what you enjoy
• Having the opportunity to be creative
• Building an enterprise
• Develop own schedule
28

29. Challenges of an Entrepreneur
29
Financial Risks
• Obtaining funds to start
the business
• Financial risks - ROI
varies in entrepreneurs
“desire for wealth”
• Face uncertain income
levels
Family | Social Risks
•Being fully responsible for the
business
• Feeling alone & insecure
about making right decisions
• Work long hours
• Career risk – loss of
employment security
• Family and social risk—
competing commitments of
work and family
• Psychic risk—psychological
impact of failure on the well-
being of entrepreneurs

30. Videos
Super Dabbawala (youtube link)
https://www.youtube.com/watch?v=N25inoCea24
Motivation to become entrepreuner (Ritesh Agarwal)
Video3
Video3 Ritesh Agarwal Youtube Link:
https://www.youtube.com/watch?v=7BloOLNjiKQ
30

31. Success Stories of Entrepreneurs
Top 10 successful entrepreneurs of India
1.Dhirubhai Ambani-RELIANCE.
2.Ratan Tata-TATA GROUPS.
3.Narayana Murthy-INFOSYS.
4.Azim H. Premji-WIPRO.
5.Lakshmi Mittal-MITTAL STEELS
6.Dr. Verghese Kurien-AMUL.
7.J.C Mahindra-MAHINDRA GROUP.
8.Shiva Nadar-HCL INDIA.
9.Jamnalal Bajaj–BAJAJ GROUP OF INDUSTRIES
10.Sunil Bharti Mittal-BHARTI ENTERPRISES
31

32. Successful Women Entrepreneurs
● Lakshmi Menon –Pure Living
● Kiran Mazumdar Shaw –Biocon
● Renuka Ramnath-Multiples Alternate Asset Management
● Ekta Kapoor-Soap Queen
● Ritu Kumar-Fashion Designing The Ri Brand
32

33. Christites Success Stories of Entrepreneurs
● Dr.Aditya Kulkarni, Aten Porus Lifesciences, Bengaluru….
• Abhinav Dubey IoT based Startup BreadWare
• https://www.youtube.com/watch?v=VuYsKU3crHU
(youtube link)
33

34. Success Stories of Entrepreneurs
• Proud CHRIST Alumni Entrepreneurs
 Subham Bapna[BCA Alumnus] , Founder & Editor-in-Chief at
Droidmen. https://www.droidmen.com/author/subham
 Vivian Ambrose[ MCA Alumnus], Founder ,My Photographer
34

35. Entrepreneurial Opportunities in Various
Disciplines
• Entrepreneurship in Agriculture and allied sectors
https://www.youtube.com/watch?v=NcCdbc9FWXw
• YOGESH NAGAR
• Innovator of Driverless Tractor
• VIDEO4
• Video4 Youtube Link:
https://www.youtube.com/watch?v=NcCdbc9FWXw
• Top-10 Entrepreneurs of India
● https://www.youtube.com/watch?v=z_aT70s-m9Yecone (youtube
link)
35

36. Entrepreneurial Opportunities in
Various Disciplines
• Entrepreneurship in Agriculture and allied sectors
• Entrepreneurship and the Internet …
• Entrepreneurship in food sector
• Entrepreneurship in life and applied sciences
36

37. Entrepreneurial Opportunities in
Various Disciplines (Conti…)
• Entrepreneurial Opportunities in
Agriculture
 Diversification
 Organic farming
 Food preservation, processing
and packaging
 Hi-tech farming
 Floriculture
https://www.youtube.com/watch?v=NcCdbc9FWXw
37

38. Entrepreneurial Opportunities in
Various Disciplines (Conti…)
 Virtual business or dot-com
company-a business that operates on
the Internet.
 Makes shopping easier.
 Have the potential to attract huge
numbers of customers.
 https://www.startupindia.gov.in/cont
ent/sih/en/home-page.html
38

39. Government Initiatives and Policies
• Government Support : Central & State Government
● Ministry of Skill Development, Entrepreneurship, Youth
Affairs and Sports
 https://inc42.com/startup-101/startup-scheme-
indian-government-startups/
 https://www.startupindia.gov.in/content/sih/en/ho
me-page.html
• www.skilldevelopment.gov.in/proposed-scheme.html
39

40. Experts Advice
● Robin Jha
● Established Professional from Bihar
● CA turned Chaiwala
● Video5
● Viseo5 Youtube Link:
https://www.youtube.com/watch?v=THTVK82AP9
Q
40

41. Summary
Entrepreneur is one who identifies and sensitizes the
opportunities, innovate the ideas, raises money,
assembles inputs and set and mange the
organization
41

42. Summary cont.
Entrepreneurship requires development of
certain qualities and skills like positive self
concept, moderate risk taker, planning,
innovative, information and opportunity
seeking, etc.
42

43. Summary cont.
• Entrepreneurship development opportunities exists in
all walks of life. The entrepreneurial qualities and skills
can be developed through vocational education
program’s and training.
43

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