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By
Mr. Sai Chandu. K
M.B.A., I.R.D.A.,SAP., APCBEES., IRED., I.S.,
ISDS., IA ENG., ISQEM., SDIWC., IEDRC...,
Assistant. Professor
professorsaichandu@gmail.com
Mobile: +91 9550886140
http://profesorsaichandu.blogspot.in
www.professorsaichandu.blogspot.in
How many words of three or more letters
can you make from the word
“Entrepreneur”?
This activity is similar to what an
Entrepreneur does. An Entrepreneur often
looks at things differently or creates new
services or products from what currently
exists.
(Hint: Over 60 words can be made from the
letters in Entrepreneur).
www.professorsaichandu.blogspot.in
Student Activity
“One who sees an opportunity, sizes up its value,
and finds the resources to make the most of it.”
Entrepreneurs are Innovators!
They have:
 Passion in the heart
 Fire in the belly
 A strong desire to create
something new.
 A vision of how the business will
grow. AND
THE DRIVE TO MAKE IT HAPPEN!
Who is an Entrepreneur?
www.professorsaichandu.blogspot.in
Failure – One must assume the emotional
and financial risks of failure.
Time – It takes a tremendous amount of
time to make a business successful. Most
report 60-70 hours per week as “NORMAL”!
Family – Because of the strain of operating
a business, the family may suffer.
Money – Most start-up entrepreneurs have
their own money at risk.
www.professorsaichandu.blogspot.in
Fevi Kwik ad
Joining 9 dots
Creativity is the ability to look at the
ordinary and see the extraordinary.
DeWitt Jones
Photographer, National Geographic
OPPORTUNITIES
SKY IS THE LIMIT
IDEAS
GETTING REAL
www.professorsaichandu.blogspot.in
Inventions can only become innovations
through interaction with commercial interests.
A new product
- A new process
Opening of new market,
New way of organizing the business
New sources of supply Or
New combinations of the above
That creates success in the market
Innovation is
www.professorsaichandu.blogspot.in
 Innovation occurs when a creative idea is put into practice
 Vast majority of creative thoughts are never acted upon:
(Creativity without innovation)
Creativity concerns the generation of new ideas.
Innovation also includes the implementation of those ideas
Creativity Vs Innovation
www.professorsaichandu.blogspot.in
Situational more than personality
Age
Distribution
for
Starting Company
Ability
0 2010 30 5040
Flexibility
Time for Entrepreneur?
100
www.professorsaichandu.blogspot.in
Required Leadership & Business Skills
Communication
Skills
Comfort With
Uncertainty
Culture
& Teamwork
Innovation
Negotiation
Leadership
Marketing Finance
Strategy
Opportunity Evaluation
Organizational Behavior
Business Plans
Business
www.professorsaichandu.blogspot.in
Breadth of Knowledge about Business and Leadership
Depth of
Knowledge
in a
Technical
Discipline
www.professorsaichandu.blogspot.in
IMpossibilities
www.professorsaichandu.blogspot.in
Business Structure
Business
Finance
Human
Resource
Marketing Strategies
Inputs &
Production
www.professorsaichandu.blogspot.in
Finance Problems
http://startupindia.gov.in
Training Institutes http://msmetraining.gov.in/
10L to
1 CR
www.professorsaichandu.blogspot.in
 Khadi and Village Industries Commission (KVIC)
 Coir Board
 National Institute of Micro, Small and Medium Enterprises (NIMSME),
 Entrepreneurship Development Institutes provided Financial Assistance
under EDI Scheme of Ministry of Micro, Small and Medium Enterprises
 National MSME Trainee Database
 National Small Industries Corporation
 MSME Development Institutes
 Tool Rooms
 Central Footwear Training Centres, Agra & Chennai
 Fragrance and Flavour Development Centre, Kannauj
 Process-cum-Product Development Centre, Agra
 Electronics Service & Training Centre, Ram Nagar
 Institute for Design of Electrical Measuring Instruments, Mumbai
Human Resource Planning Problems
www.professorsaichandu.blogspot.in
Marketing Problems
Govt Training centers
Govt Exhibitions centers
Private Market Agency's
Grouping selling system
www.professorsaichandu.blogspot.in
Strategies Planning Problem
Re-Search Paper Work
www.professorsaichandu.blogspot.in
Inputs & Production
NSIC
Training
Center
Experience
www.professorsaichandu.blogspot.in
Thank you
for patient listening

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How to be an entrepreneur by professor sai chandu

  • 1.
  • 2. By Mr. Sai Chandu. K M.B.A., I.R.D.A.,SAP., APCBEES., IRED., I.S., ISDS., IA ENG., ISQEM., SDIWC., IEDRC..., Assistant. Professor professorsaichandu@gmail.com Mobile: +91 9550886140 http://profesorsaichandu.blogspot.in
  • 4. How many words of three or more letters can you make from the word “Entrepreneur”? This activity is similar to what an Entrepreneur does. An Entrepreneur often looks at things differently or creates new services or products from what currently exists. (Hint: Over 60 words can be made from the letters in Entrepreneur). www.professorsaichandu.blogspot.in Student Activity
  • 5. “One who sees an opportunity, sizes up its value, and finds the resources to make the most of it.” Entrepreneurs are Innovators! They have:  Passion in the heart  Fire in the belly  A strong desire to create something new.  A vision of how the business will grow. AND THE DRIVE TO MAKE IT HAPPEN! Who is an Entrepreneur? www.professorsaichandu.blogspot.in
  • 6. Failure – One must assume the emotional and financial risks of failure. Time – It takes a tremendous amount of time to make a business successful. Most report 60-70 hours per week as “NORMAL”! Family – Because of the strain of operating a business, the family may suffer. Money – Most start-up entrepreneurs have their own money at risk. www.professorsaichandu.blogspot.in
  • 7. Fevi Kwik ad Joining 9 dots Creativity is the ability to look at the ordinary and see the extraordinary. DeWitt Jones Photographer, National Geographic OPPORTUNITIES SKY IS THE LIMIT IDEAS GETTING REAL www.professorsaichandu.blogspot.in
  • 8. Inventions can only become innovations through interaction with commercial interests. A new product - A new process Opening of new market, New way of organizing the business New sources of supply Or New combinations of the above That creates success in the market Innovation is www.professorsaichandu.blogspot.in
  • 9.  Innovation occurs when a creative idea is put into practice  Vast majority of creative thoughts are never acted upon: (Creativity without innovation) Creativity concerns the generation of new ideas. Innovation also includes the implementation of those ideas Creativity Vs Innovation www.professorsaichandu.blogspot.in
  • 10. Situational more than personality Age Distribution for Starting Company Ability 0 2010 30 5040 Flexibility Time for Entrepreneur? 100 www.professorsaichandu.blogspot.in
  • 11. Required Leadership & Business Skills Communication Skills Comfort With Uncertainty Culture & Teamwork Innovation Negotiation Leadership Marketing Finance Strategy Opportunity Evaluation Organizational Behavior Business Plans Business www.professorsaichandu.blogspot.in
  • 12. Breadth of Knowledge about Business and Leadership Depth of Knowledge in a Technical Discipline www.professorsaichandu.blogspot.in
  • 15. Finance Problems http://startupindia.gov.in Training Institutes http://msmetraining.gov.in/ 10L to 1 CR www.professorsaichandu.blogspot.in  Khadi and Village Industries Commission (KVIC)  Coir Board  National Institute of Micro, Small and Medium Enterprises (NIMSME),  Entrepreneurship Development Institutes provided Financial Assistance under EDI Scheme of Ministry of Micro, Small and Medium Enterprises  National MSME Trainee Database  National Small Industries Corporation  MSME Development Institutes  Tool Rooms  Central Footwear Training Centres, Agra & Chennai  Fragrance and Flavour Development Centre, Kannauj  Process-cum-Product Development Centre, Agra  Electronics Service & Training Centre, Ram Nagar  Institute for Design of Electrical Measuring Instruments, Mumbai
  • 16. Human Resource Planning Problems www.professorsaichandu.blogspot.in
  • 17. Marketing Problems Govt Training centers Govt Exhibitions centers Private Market Agency's Grouping selling system www.professorsaichandu.blogspot.in
  • 18. Strategies Planning Problem Re-Search Paper Work www.professorsaichandu.blogspot.in