This Presentation portrays about Entrepreneurship and Business Management.

2.  An entrepreneur is an individual who makes the new business
rather than being working as employee.
 The entrepreneur creates the new business and runs the
business with the inclusion of specific risks, rewards as
assumptions

3.  Different personal characteristics and traits possessed by the
Entrepreneurs which may vary among different types
 These personal characteristics and traits are very important
that drive the entrepreneurs to lead successful venture in
business
 Discrepancies are present with the different types of business
such as the small business, global business owner, and social
entrepreneur

4.  Various situational factors help to provide the similarities and
differences among the entrepreneurs
 Factors include the investments, exit strategy, location, profit,
donation, work hours, objectives in organizations, and
organizational structure.

5.  Few skills for entrepreneurship are as follows:
◦ Planning
◦ Communication
◦ Marketing
◦ Interpersonal
◦ Management
◦ Personal traits
◦ Leadership
◦ Customer focus

6.  Entrepreneurship relies on the environmental factors
 Environmental factors such as culture, infrastructure, and
other support elements widely influence entrepreneurship

7.  Various factors affect the start-up business as follows:
◦ Personal background
◦ Education
◦ Culture
◦ Economy
◦ Characteristic traits

8.  Culture acts as a business driver in Entrepreneurship
 Enhances the cross-cultural relationship of the entrepreneurs
with that of the clients
 Other motivational drivers such as Intrinsic and extrinsic
motivational factors acts as key drivers for entrepreneurship
 Flexibility, control, team management, legacy, and money are
few known drivers for the growth of the entrepreneurs

9.  Few risks and rewards however present in the start-up
business as follows:
◦ Risks:
 Income inconsistency
 Finance mismanagement
 Huge tax bills and risks in security
◦ Rewards:
 Independence
 Flexible schedule
 Tax deductions
 Locations

10.  Reduction in personal expenses by trimming unnecessary
costs
 Management of finance, accounts, and projects
 Back-up availability to manage any issues
 Maintaining proper schedules for deliverables
 Decision making for investments
 Quality and risk management in the process

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