This document discusses key aspects of entrepreneurship. It defines entrepreneurship as recognizing opportunities through innovation, organizing exploitation of novel opportunities, and improving or creating new solutions that can scale and be sustainable. The document notes that an entrepreneur is an innovator, creator, organizer, and leader who creates value by making people's lives easier. It also lists some key skills of successful entrepreneurs like observation, creativity, strategic thinking, experimentation, networking, and perseverance. Finally, it outlines important steps for evaluating a business idea like identifying a problem, validating the problem, evaluating market potential, building a team, and experimenting and measuring.

1. Entrepreneurship
Innovation | Organise |Run a Business

2. Recognizing
opportunity
identification and
organized exploitation of
novel opportunities
Finding Solution &
Optimisation
Improvement in existing
solutions or creating new
solutions
Scalability
Sustainability & Scalability of
developed solutions
Entrepreneurship
Is the capacity for innovation, investments, and expansion in
Newmarket, products, and techniques. It's a process ofdesigning,
launching, and running a new business.

3. Elements of Entreprenurship
Entreprenur
A Visualiser, Creator, Organiser, Innovator,
Leader
01
Creating values
Creating sustainable solutions and helping
people to make their life easier
02
Organisation Creation
Entrepreneurship has wide relevance for
societies and economies
03
04 Risk Bearing
Calculated risks with confidence to achieve a
predetermined business or Industrial objective

4. Entrepreneur
A person detects a problem and creates a
solution around it by starting his own
venture.
He is an optimistic
He is a visionary
He is a leader
He is a risk taker

5. Skills of anEntrepreneur
Observation
Creativity
Strategic Thinking
High Speed Experimentation
Networking
Perseverance
Leadership

6. 5 Ingredients of Every Successful Venture
'Even the absence of one can cost the whole venture.'

7. Have an idea? Let's Evaluate it. Know How?
1. Identify a Problem
2. Validate theProblem
3. Evaluate PotentialMarket

8. Have an idea? Let's Evaluate it. Know How?
4. Build Team
5. Experiment & Measure

9. Things to Take Care
Before starting your own venture
1. Know yourself better
2. Validate your Idea
3. Build Smart Team
4. Network