This document provides an introduction to entrepreneurship. It defines entrepreneurship over time, from referring to those who organized entertainments in the 16th century to referring to economic aspects by the 18th century. The document discusses why entrepreneurship is important for society, noting benefits like employment generation, economic development, and government revenue. It also lists characteristics important for entrepreneurs, such as self-discipline, risk-taking attitude, self-confidence, creativity, hard work, and future orientation.

1. INTROUCTION TO
ENTREPRENEURSHIP
AJEYA JHA

2. What is Entrepreneurship?
• Entrepreneur - An organizer of musical
or other entertainments
• 16th century - Those who were engaged
in military expeditions.
• 17th century - Extended to cover civil
engineering activities
• 18th century - used to refer to economic
aspects

3. • Why is entrepreneurship important
for the society?

4. Mind-Blocks
• Are Indians Entrepreneurs?
• Is not it hereditary?
• Is not it uncertain and risky?
• Does it not lack dignity?
• Don’t we need enormous wealth

5. Benefits of Entrepreneurship
• Better Income
• Challenges of uncertainty and risks
• Freedom from retrenchment, VRS
and retirement
• Private dynasty
• create and innovate

6. Benefits to Society
• Employment Generation
• Low rates of inflation
• Small Business Dynamism
• Balanced economic development
• Reducing unrest and social tension amongst
youth
• Improving quality of life
• Higher Revenue for the Government
• Improved values and civic sense

8. Characteristics Needed
• Self discipline/self control:
• Risk Taking attitude and willingness:
• Self confidence:
• Optimist
• High need for achievement:
• Need for independence:
• Need for power:

9. • Creativity:
• Ability to think 'big'
• Sense of efficacy:
• Imaginative:
• Respect for feed back
• Ability to digest failures and learning from
experiences:

10. • Future oriented:
• Hard working and Sincere:
• Foresight
• Frugality:
• Low need for affiliation:
• Religious and cultural beliefs.

11. THANK
YOU!