ENTREPRENEUR- CONCEPT, MEANING, DEFINITION, FEATURES, NEED, IMPORTANCE, FUNCTIONS, CHARACTERISTICS, GROWTH, DEVELOPMENT, PURSUITS & SUMMARY, WITH HUMAN ACTIVITIES. ENTREPRENEURSHIP- CONCEPT, MEANING, DEFINITION, FEATURES, NEED, IMPORTANCE, FUNCTIONS, CHARACTERISTICS, GROWTH, DEVELOPMENT, PURSUITS & SUMMARY, WITH HUMAN ACTIVITIES. INNOVATION, CREATIVITY, RISK TAKING, CHANGE AGENT, PROBLEM SOLVER, PACE SETTER, EXCELLENCE SEEKER, MARKETING EXECUTIVE, CONCEPT PROMOTER, MOTIVATOR, MANAGER, LEADER,SUPERVISOR & COMMUNICATIOR. ENTREPRENEURIAL VALUES, ATTITUDES, MOTIVATION, COMPETENCIES, BARRIERS, MYTHS WITH HELP & SUPPORT TO ENTREPRENEURS. UNDERSTANDING A MARKET & COMPETITIVE ANALYSIS OF THE MARKET. INTELLECTUAL PROPERTY RIGHTS- PATENTS, COPYRIGHTS, TRADEMARKS, INDUSTRIAL DESIGNS, GEOGRAPHICAL INDICATIONS, etc.

1. ENTREPRENEURSHIP
Prepared by
CHARAK RAY
libra.charak@gmail.com

2. Meaning of Entrepreneur
An Entrepreneur 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.
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3. Qualities of an Entrepreneur
Courage & Confidence
Focus & Determination
Passion & Dynamism
Creativity & Risk taking
Competitiveness, Will power
& Hardworking
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4. Early Entrepreneurship
These early entrepreneurship
programs were called different
names:
– Farming Program
– Productive or Production
Enterprises
– Ownership
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5. Early Entrepreneurship
The Early Entrepreneurship
program primarily involved:
– Raising Livestock
– Growing Crops, etc.
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6. Entrepreneurship Today
Today, the students are involved
in many different types of
entrepreneurial activities.
Entrepreneurship in agriculture
can still be raising livestock and
growing crops, but it can be much,
much more than that.
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7. Entrepreneurship
 Entrepreneurship: The student plans,
implements, operates and assumes
financial risks in a business activity or
commercial business. In entrepreneurship
programs, the student owns the materials
and other required inputs and keeps
financial records to determine return to
investments.
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8. Entrepreneurs Example
 Lawn Maintenance Service
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9. Entrepreneurs Example
 Raise and Sell Fishing Bait
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10. Entrepreneurs Example
Custom Crop Harvesting
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11. Entrepreneurs Example
 Pet Sitting Service
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12. Entrepreneurs Example
 Fishing Guide
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13. Entrepreneurs Example
 Tractor and Farm Equipment Detailing
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14. Entrepreneurs Example
Operating a Roadside Marketing Selling
Produce.
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15. Entrepreneurs Example
 Making and Selling Christmas Wreathes
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16. Entrepreneurs Example
Operating a Small Engine Repair Service.
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17. Aspects of Entrepreneurship
1. The identification/recognition of market
opportunity and the generation of a
business idea (product or service) to
address the opportunity.
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18. Aspects of Entrepreneurship
2. The marshalling and commitment of resources in
the face of risk to pursue the opportunity.
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19. Aspects of Entrepreneurship
3. The creation of an operating business
organization to implement the
opportunity-motivated business idea.
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20. Successful Entrepreneurs
 According to the Small Business
Administration, successful
entrepreneurs have five
characteristics:
– Drive, which is defined as the most important
attribute. Entrepreneurs can expect long hours,
high stress and endless problems, as they
launch a new business.
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21. Successful Entrepreneurs
 According to the Small Business
Administration, successful
entrepreneurs have five
characteristics:
– Thinking Ability, or the characteristic that
encompasses creativity, critical thinking,
analytical abilities and originality.
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22. Successful Entrepreneurs
According to the Small Business
Administration, successful
entrepreneurs have five
characteristics:
– Aptitude for Human Relations. This
characteristic recognizes the importance of the
ability to motivate employees, sell customers,
negotiate with suppliers and convince lenders.
Personality plays a big part in success in this
area..
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23. Successful Entrepreneurs
According to the Small Business
Administration, successful
entrepreneurs have five
characteristics:
– Communication Skills, or the ability to make
yourself understood.
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24. Successful Entrepreneurs
 According to the Small Business
Administration, successful
entrepreneurs have five
characteristics:
– Technical Ability speaks to the need of the
entrepreneur to know their product and their
market. They must consider the long- and
short-term implications of their decisions, their
strengths and weaknesses, and their
competition. In short, they need strategic
management skills.
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25. Entrepreneurship
 Some advantages
– You are your own boss
– Enjoy the profits from you efforts
– Sense of pride in your business
– Flexibility in your work schedule
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26. Entrepreneurship
Some disadvantages
– Will need to put in long hours
– Need money to start
– Have to keep up with government rules and
regulations
– May have to mark hard decisions (hiring,
firing, etc.)
– May lose money
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27. WOMEN
ENTREPRENEURSHIP
It is defined as “an Entrepreneur who
runs an enterprise owned & controlled
by her & having minimum financial
interest up to 51% of the capital &
giving at least 51% of the employment
to women”.
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28. RURAL
ENTREPRENEURSHIP
It refers to entrepreneurship emerging
in rural areas.
Through Rural Entrepreneurship only
solution to rural poverty & backward
-ness can be tackled by the Govt.
It is also known as Rural
Industrilisation.
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29. SOCIAL
ENTREPRENEURSHIP
A social entrepreneur is someone who
recognizes a social problem and entrepreneurial
principles to organize, create, and manage a
venture to make a social change (social venture).
He focuses on creating social capital.
Thus, the main aim of social entrepreneurship is
to further social and environmental goals.
However, whilst social entrepreneurs are most
commonly associated with the voluntary and
not-for-profit sectors.
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30. THANK YOU…
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