Developing Life Skills for Fostering Entrepreneurship Paper to be presented at NATIONAL LEVEL CONFERENCE ON“Empowering Learner for Entrepreneurship” Organized ByAdv. Vitthalrao Hande College of Education, Nashik-2 Sunil Kalekar Yogesh PatilAdhyapak Mahavidyalaya, Aranyeshwar, Pune 9
Entrepreneur• An ‘Entrepreneur’ (ahn’ tra pra nur) is a person who organizes and manages a business undertaking assuming the risk for the sake of profit.• Any person (any age) who starts and operates a business is an ‘Entrepreneur’.
Three aspects of entrepreneurship:• Identification /recognition of market opportunity and generation of a business idea (product or service) .• The marshalling and commitment of resources -pursue the opportunity.• The creation of an operating business organization to implement the opportunity –motivated business idea.
Five characteristics of successful entrepreneur:• Drive• Thinking abilities• Aptitude for human relation• Communication skills• Strategic management skills
Interpersonal Basic competencies competenciesSocial skills, communication Sensitivity, aesthetics,skills, capacity to understood Generic skill Critical thinking,and accommodate others, Creativity, Motivation,capacity to work in Analysis and Synthesiscollaborative team Synthetic competencies Developing holistic perspective change and redefine one’s role, take initiative and chart new paths
What is Life Skill Education?• Life skills are defined as those abilities, attitudes, knowledge and behaviours that must be learned for success in society.• Life skills are those mental and emotional skills that enable us to better cope with and succeed in our lives.• UNICEF defines life skills as a behaviour change or behaviour development approach designed to address a balance of three areas: knowledge, attitude and skills.
Functions of an entrepreneur:• Planning• Organization• Decision making• Management• Innovation• Risk bearing• Uncertainty bearing
Sr. Essentials of Entrepreneurship Life SkillsNo.1 Identifying and generating business idea Creative thinking2 Mobilizing resources Decision Making, Critical thinking3 Organizing Production Decision Making, Creative thinking4 Marketing Production Effective communication, Interpersonal relations5 Managing Risk Coping with stress, Coping with emotions.6 Constantly working for Growth Self awareness, Problem solving, Decision Making,7 Planning and Organizing Problem solving, Decision Making, Critical thinking8 Decision Making Problem solving, Decision Making,9 Management Self awareness, problem solving, Effective communication, Interpersonal relations10 Innovation Self awareness, Creative thinking11 Risk bearing and uncertainty bearing Coping with stress, Coping with emotions.
Essentials of entrepreneurship Strategies of teaching1. Generating business ideas brainstorming, School Fairs, Exhibition2.Organizing and marketing field trips, visits ,expert production lectures, mind map, communication courses, interviews3.Decision making, problem solving Problem based learning , Project based learning4. Management Collaborative learning , Group Work ,team Games5. Risk Bearing and uncertainty Meditation, yoga ,stress