ENTREPRENEURSHIP AND ROLE OF ENTREPRENEURSHIP IN ECONOMIC

1. SHRIDEVIINSTITUTEOFMANAGEMENTSTUDIES
SEMINAR TOPIC :
ENTREPRENEURSHIP AND ROLE OF
ENTREPRENEURSHIP IN ECONOMIC
DEVELOPMENT
PRESENTED BY
ASIF CH
2 sem
MBA

2. 6 LITTILE STORIES
1.
Once all villages decided to pray for rain, on the day of prayer
all the people gathered but only one boy came with an umbrella.
That’s
“FAITH”

3. 2.
When you throw a baby in the air, she laughs because
she knows you will catch her.
That’s
“TRUST”

4. 3.
Every night we go to bed, with out any assurance of
being alive the next morning but still we set the alarm's to wake
up.
That’s
“HOPE”

5. 4.
We plan big things for tomorrow inspire of zero knowledge of
the future.
That’s
“CONFIDENCE”

6. 5.
We see the world suffering. But still we get married.
That’s
“LOVE”

7. 6.
One an old man’s shirt was written a cute sentence
‘I AM NOT 60 YEARS OLD…..,I AM SWEET 16 WITH 44 YEARS
EXPERIENCE’.
That’s
“ATTITUDE”

8. Who is an Entrepreneur ?
Entrepreneur is person who create an enterprise.
According to Mark Casson “An entrepreneur is person who
specializes in taking judgmental decision about the
coordination of scared resource”.
He is critical factor in economic development and
integral part of economic transformation.

10. Why should you become an
Entrepreneur ?
• You will be your own boss
• You will have the chance to put your ideas into
practice.
• You will make money for yourself rather than for
someone else.
• You will be able to work in field or area that you
really enjoy.
• You will have the personal satisfaction.

11. FEATURES OF SUCCESSFUL
ENTREPRENEUR
 CRATIVITY
INNOVATION
LEADERSHIP
TEAMBUILDINNG
ACHIEVEMENT MOTIVATION
PROBLEM SOLVING
GOAL ORIENTATION
RISK TAKING AND DECISION MAKING ABILITY
COMMITMENT

12. ENTREPRENEURSHIP
According to Richard cantillon,
“Entrepreneurship can be defined as self
employment of any sort. Entrepreneurs
buy at certain prices in the present and sell
at uncertain price in the future”.

13. TYPES OF EENTRPRENEURE
•BUSINESS ENTREPRENEURS
•TRADING ENTREPRENEURS
•AGRICULTTURAL ENTTREPRENEURS
•INDUCED ENTRPRENEURS
•ADOPTIVE ENTRPRENEURS
•FABIAN ENTRPRENEURS
•DRONE ENTREPRENEURS

14. 10 Reasons for Failure of
New Ventures in India
 Lack of Experienced Management:
 Few Trained or Experienced Manpower:
 Poor Financial Management:
Rapid Growth
Lack of Business Linkages
Weak Marketing Efforts
Lack of Information:
Incorrect Pricing:
Improper Inventory Control:
 Short-term Outlook

15. ROLE OF ENTREPRENEURSHIP
IN ECONOMIC DEVELOPMENT
• Capital formation
• Improvement in per capital income
• Improvement in living standard
• Economic independence
• Backward and upward linkages
• Generation of employment
• Balanced regional growth
• Reducing unrest and social tension amongst youth
• Innovations in enterprises

16. Any Question……..??????

17. Thank you