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Exploring Job vs. Entrepreneurship
Unveiling the Advantages of Entrepreneurship and Its Future
Introduction
Job
A job refers to traditional employment, where
individuals work for a company or organization in
exchange for a salary or wages. It involves being
employed by someone else and following their
directives and policies.
Entrepreneurship
Entrepreneurship refers to starting and running a
business or venture. It involves taking risks,
identifying opportunities, and creating value
through innovation and the provision of products
or services.
Job Pros and Cons
Disadvantages
● Limited Control Over Work
● Fixed Salary
● Potential for Job Instability
Advantages
● Stable Income
● Employee Benefits
● Sense of Security
Entrepreneurship Pros and Cons
Cons of Entrepreneurship
● Higher risk
● Financial uncertainty
● Need for extensive time and effort
Pros of Entrepreneurship
● Flexibility
● Unlimited income potential
● Creative freedom
● Ability to pursue passion
Why Entrepreneurship?
“Entrepreneurship is living a few years
of your life like most people won’t so
you can spend the rest of your life like
most people cant.”
How to Start?
“You don’t have to be great to start,But you have to start to be great”
Sectors in Boom
Digital Business Management
Digital business is the process of applying
digital technology to reinvent business
models and transform a company’s products
and customer experiences—innovating
products that create new value and
connecting people with things, insights and
experiences.
Benefits
● Reinventing how they interact with
their customers, employees and
partners
● Creating disruptive business models
● Envisioning and building innovative
products, services and experiences
● Developing go-to-market
Digital Transformation in Entrepreneurship
Digital Transformation is the procedure of using
technology to change and drastically improve how
businesses operate. It involves integrating digital
technology into all business areas, including strategy,
operations, marketing, and customer service.
Main areas of Digital Transformation
● Business Model Transformation
● Process Transformation
● Cloud Based Transformation
● Organization Transformation
Digital Transformation in Entrepreneurship
Examples of Digital Transformation
● Companies using mobile applications or websites that
improve the customer journey.
● Banks shifting from an in-person banking standard that’s
held for generations to ATMs and then to mobile
banking.
● Machine learning algorithms that transform a traditional
business into a digital business.
● Automated payroll software solutions that make
automated payments into employees’ bank accounts and
keep track of them
● Deploying chatbots to handle level one
inquiries also frees up service personnel
to spend time on more sensitive cases.
Conclusion
● Job Vs Entrepreneurship
● Pros and Cons
● Why choose entrepreneurship?
● How to start?
● Sectors in Entrepreneurship
● Digital Business Management
● Digital Transformation
Exploring Job vs. Entrepreneurship-1.pptx

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Exploring Job vs. Entrepreneurship-1.pptx

  • 1. Exploring Job vs. Entrepreneurship Unveiling the Advantages of Entrepreneurship and Its Future
  • 2. Introduction Job A job refers to traditional employment, where individuals work for a company or organization in exchange for a salary or wages. It involves being employed by someone else and following their directives and policies. Entrepreneurship Entrepreneurship refers to starting and running a business or venture. It involves taking risks, identifying opportunities, and creating value through innovation and the provision of products or services.
  • 3. Job Pros and Cons Disadvantages ● Limited Control Over Work ● Fixed Salary ● Potential for Job Instability Advantages ● Stable Income ● Employee Benefits ● Sense of Security
  • 4. Entrepreneurship Pros and Cons Cons of Entrepreneurship ● Higher risk ● Financial uncertainty ● Need for extensive time and effort Pros of Entrepreneurship ● Flexibility ● Unlimited income potential ● Creative freedom ● Ability to pursue passion
  • 5. Why Entrepreneurship? “Entrepreneurship is living a few years of your life like most people won’t so you can spend the rest of your life like most people cant.”
  • 6. How to Start? “You don’t have to be great to start,But you have to start to be great”
  • 8. Digital Business Management Digital business is the process of applying digital technology to reinvent business models and transform a company’s products and customer experiences—innovating products that create new value and connecting people with things, insights and experiences. Benefits ● Reinventing how they interact with their customers, employees and partners ● Creating disruptive business models ● Envisioning and building innovative products, services and experiences ● Developing go-to-market
  • 9. Digital Transformation in Entrepreneurship Digital Transformation is the procedure of using technology to change and drastically improve how businesses operate. It involves integrating digital technology into all business areas, including strategy, operations, marketing, and customer service. Main areas of Digital Transformation ● Business Model Transformation ● Process Transformation ● Cloud Based Transformation ● Organization Transformation
  • 10. Digital Transformation in Entrepreneurship Examples of Digital Transformation ● Companies using mobile applications or websites that improve the customer journey. ● Banks shifting from an in-person banking standard that’s held for generations to ATMs and then to mobile banking. ● Machine learning algorithms that transform a traditional business into a digital business. ● Automated payroll software solutions that make automated payments into employees’ bank accounts and keep track of them ● Deploying chatbots to handle level one inquiries also frees up service personnel to spend time on more sensitive cases.
  • 11. Conclusion ● Job Vs Entrepreneurship ● Pros and Cons ● Why choose entrepreneurship? ● How to start? ● Sectors in Entrepreneurship ● Digital Business Management ● Digital Transformation