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.
2. Presentation Agenda
Key topics for discussion
01
About
Enterpernurship
02
Concept
03
Elements
04
Charactoristics
05
Functions
06
Types
07
Importance
08
Conclution
3. ENTREPRENEURSHIP
"Entrepreneurship is the purposeful activity of
an individual or a group of associated
individuals, undertaken to initiate, maintain or
aggrandize profit by production or distribution
of economic goods and services"
01
4. •It refers to a Person
•It refers to a Creator
•It refers to a Organizer
•It refers to a Decision Maker
• It refers to a Initiator
• It refers to a Leader
•It refers to a Motivator
• It refers to a Risk Taker
CONCEPT OF ENTREPRENEURSHIP
02
5. ELEMENTS OF ENTREPRENEURSHIP
•Pursuit of Opportunities
• Innovation
• Organization Creation
•Creating Values
• Profit or Non-for-Profit
• Growth
• Uniqueness
• Process
03
6. CHARACTERISTICS OF ENTREPRENEURSHIP
04
•Innovation
•Risk-Bearing Capacity Creative Decision
•Creating & Managing Resources
•Managerial Skills & Leadership Gap Filling
Function
•Business Oriented Tendency Read free for day
•Economic Activity
•Producing Results
•Life Style
7. FUNCTIONS OF ENTREPRENEURS
•Perception of market opportunities
•Gaining command over scarce resources
•Purchasing inputs
•Marketing the products
•Dealing with bureaucrats
•Managing human relations within the firm
•Managing customer and supplier relations
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8. 06
TYPES OF ENTREPRENEURSHIP
Novice Entrepreneur
Has no prior business ownership experiences as a
business founder, inheritor, or purchaser
Habitual Entrepreneur
Has prior business ownership experience
Nascent Entrepreneur
In the process of starting a new business Can be
either a novice or a habitual entrepreneur
9. IMPORTANCE OF ENTREPRENEURSHIP
•Reduces Poverty Level
•Increases Employment
•Fulfilsthe the Demand of people
•Helps to develop Economic Condition of a
country
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10. CONCLUTION
We learned that most successful entrepreneurs share
similar characteristics, such as persuasion, self-
confidence, work commitment, efficiency oriented,
tolerance for failure, high initiative level, information
seeking and problem solving. To succeed in their
business venture, they had sacrificed times, money,
energy and spirit in the process of entrepreneurship.
Becoming a successful entrepreneur is not because of
the gift by nature, in fact, it involves various strategies,
characteristics and personal quality of person who
wants to become a successful entrepreneur.
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