The document explores entrepreneurship as the process of individuals seeking opportunities for economic or social gains through creative problem solving. It categorizes entrepreneurs based on their motivation, growth potential, and development stages, outlining various essential functions and qualities needed for entrepreneurial success. Additionally, it discusses the significant role of entrepreneurship in fostering economic development, job creation, and innovation.

2. Entrepreneurship:
The process whereby an individual or
group of individuals use organized
efforts to pursue opportunities

3. Who is an Entrepreneur............

4. Entrepreneur is any person that continuously
seeks and acts upon opportunities for
economic and or social gains through applying
the principle of creative problem solving.

5. T
The entrepreneur
The opportunity-spotter The project championThe inventor
The person who realizes the
opportunity and is determined to
engage it
The person who makes
things happen
The originator of
the product or
concept
The idea
Identifying
the
opportunity
Matching
the idea
to the
opportunity
Exploiting
the
opportunity
to build
something
of value
Source: Bolton & Thompson
Entrepreneurs: Talent, Temperament, Technique

6. WHY ENTREPRENEURSHIP?
 Opportunities and support are
available
 Create self employment
 Promote innovation
 Build communities
6

7. KEEP The FOCUS

8. THINK OUTSIDE THE BOX
8

9. STUDY CUSTOMERS

10. CREATE WEALTH
10

12. Classification according to
Motivation
 Pure entrepreneur
 Induced entrepreneur
 Spontaneous entrepreneur

13. Classification according to growth
 Growth entrepreneur
 Super growth entrepreneur

14. Classification according to stages of
development
 First generation entrepreneur
 Modern entrepreneur
 Classical entrepreneur

15. Functions of an Entrepreneur

16.  Estimation of capital resources
 Selection of location
 Study of availability of labor forces
 Scanning for the best suitable idea
 Studying marketing strategy
PLANNING

17. Management
• Manages day to day activities
• Involves in directions

18. Organizing And Decision Making
 Determining the objects of the business enterprise
 Procurement of machinery , material, men etc.
 Acquisition of efficient technology
 Development of market for the product

19. INNOVATION
• Launching of new product
• Introduction of new technology
• Creation of new market

20. Risk And Uncertainty Bearing
 Takes the responsibility
 Takes risks

21. state of being certain
Confidence
Business Focus
Potentiality to turn a profit

22.  Delegator
core concepts of management leadership
 Independent
Sovereignty
 being determined; firmness of purpose
 Determination

23. •Relationship-Builder
strong, deep, or close association or
acquaintance between two or more people
lover of learning
•Knowledge-Seeker
Promoter:
maker arrangements for events

24. • Perseverance:
• Initiative:
steady persistence in a course of action
an introductory act or step; leading action

25. •Clear Goal Setting
•Money Management
establishing specific, measurable,
achievable, realistic and time-targeted
Investment management

26. • Communication
•Passion & Motivation
Power of communicating with others
Keep concentration & inspiration
on specific work
working diligently and for long hours
• Hard working

27. •Disciplined Dedication
controlled form of behavior or way of working
•Adaptability & Flexibility
To cope with the changing circumstance
Planning
The process of thinking about
organizing activities

28. •Networking Abilities
•CreativeThinker
Managing a chain relationship
Dynamic thoughts to earn profit

29. Are Entrepreneur
Born Or Made?

30. Entrepreneur are born
 Interaction of heredity and environment
 Risk taker
 Bright Individuals
 Core abilities
 Inherent qualities
 Attitude

31. Entrepreneur are made
 Entrepreneurship through company
 As a exercise
 Capital offering
 Inherit through belongings
 learning trade secret
 Made by experiences
 Others influence

32. • Bill gates and Steve jobs’
children are not entrepreneur
• Coders Trust has been making
entrepreneurs

33.  Decrease Unemployment
 Reduce Capitalization
 Increase Productivity
 Creates New Technologies , Products And Services
 Local resource Can Be Used
 Improve Living Standard
 Economic Independence
 Overall development
 Creating New Forms Of Business

35. Role of Entrepreneurship in
Economic Development
Investment
Employment
Diversity in products and services
International trade
Contributes to gross domestic
product

39. INTERNATIONAL TRADE

40. CONTRIBUTES TO GROSS
DOMESTIC PRODUCT

41. At a glance
Entrepreneurship
Types of Entrepreneurship
Functions of Entrepreneurship
Required qualities to be an Entrepreneur
Entrepreneurs Born or Made
Role of ent. in Industrialization
Role of ent. in Economic Development

42. ENTREPRENURE
• If any one has the ability to change the World
is an