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Entrepreneurship_Presentation_Part1.pptx
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- 2. DEFINITION OF ENTREPRENEUR ANDENTREPRENEURSHIP • Entrepreneur:An individual who initiates, organizes and manages a business venture. • Entrepreneurship:The process of creating, developing and managing a new business.
- 3. ICE BREAKER ACTIVITY IFYOUWERE A FOUNDER: You have 1 crore rupees and one year time what problem you would try to solve Write in one sentence and you have one minute to write
- 4. TRAITS OF ENTREPRENEURSHIP •Risk-taking ability • Innovation & creativity • Leadership & vision • Decision-making skills • Persistence & resilience
- 5. FACTORS PROMOTING ENTREPRENEURSHIP • Availabilityof finance & resources • Government policies & support • Education & skill development • Market opportunities • Socio-cultural factors
- 6. ENTREPRENEURIAL COMPETENCIES AND MOTIVATION •Opportunity seeking & initiative • Goal setting & planning • Problem-solving & decision-making • Self-confidence & persistence • Motivation: Economic gains, achievement, independence
- 7. WHY STARTUPS FAIL •No product market fit • Founding team conflicts • Burn rate > Learn rate
- 8. CULTIVATING THE MINDSET ENTREPRENEURSDON’TWAIT FOR PERMISSION Employee vs Founder Thinking • Job Description vs Job Creation • Dependence vs Ownership • Obeying vs Influencing
- 9. BARRIERSTO ENTREPRENEURSHIP • Lackof finance • Inadequate infrastructure • Bureaucratic hurdles • Lack of training & skills • Social and cultural constraints
- 10. THE ENTREPRENEURIAL CULTURE •Encourages risk-taking • Supports innovation & creativity • Promotes self-reliance • Nurtures leadership & collaboration
- 11. STAGES IN ENTREPRENEURIAL PROCESS •Idea generation & opportunity identification • Feasibility analysis • Business plan preparation • Resource mobilization • Launch & growth management
- 12. WOMEN ENTREPRENEURSHIP AND ECONOMICDEVELOPMENT • Enhances women empowerment • Promotes inclusive growth • Increases employment opportunities • Contributes to GDP & social change
- 13. SELF HELP GROUPS(SHGS) • Small voluntary groups for mutual support • Promote savings and micro-credit • Empower women and marginalized sections • Encourage entrepreneurship at grassroots level
- 14. INSTITUTIONAL INTERFACE FOR SMES/STARTUPS •MSME Development Institutes • SIDBI (Small Industries Development Bank of India) • Startup India, Make in India initiatives • Industrial associations & incubators • Financial institutions & venture capital
- 15. WRAP UP &FINAL THOUGHTS • You don’t need to be born a Founder • You just need the courage to begin • Learn, Build, Fall, Rise, Repeat
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