3. ENTREPRENEURSHIP
Meaning - Essentially, entrepreneurship is the process of
developing, organizing, and running a new business to
generate profit while taking on financial risk.
Examples -
Dhirubhai Ambani , JRD Tata , Azim Premji
4. TYPES OF
ENTREPRENEUR
SHIP
•Social entrepreneurship. ...
•Innovation entrepreneurship. ...
•Big business entrepreneurship. ...
•Small business entrepreneurship. ...
•Scalable start-up business entrepreneurship.
5. Importance of Entrepreneurship
Nation Building
Self Sufficiency
Generate Employment
Challenging Opportunities
Characteristics of n Entrepreneur
. Skillful Person
. Calculative Risk Taker
. Opportunistic Converter
.Able To Adapt With Time
6. FACTORS INFLUENCING
ENTREPRENEURSHIP…
1. Education – Create Awareness
2. Legal – Govt should protect the bst till the time they needed
3. Finances – Policies must be formulate to boost new ideas
4. Infrastructure – Transport and Communication Tech
5. Procedural – govt processes to initiate the business practicess
7. Classification of Entrepreneur on
the Basis Of
A) Ownership
B) Personality Traits
C) Business Type
D) Stage of Development
E) Other Classification
8. BASIS OF PERSONALITY TRAITS
TYPES
1) The Achiever – Only Desire to achieve something in Life.
2) The Induced Entrepreneur- They Start a business due to some
external factors.
3) The Idea Generator – Innovator, creative Mindset
4) The Real Manager – Run a bst in a systematic manner
5) The Real Acheiver – Looking for the Achievement not just their own but
also the people associated with them.
9. TYPES EXAMPLES
A) PURE ENTREPRENEUR Dhiru Bhai , JRD Tata
( start from scratch )
B) SECOND GENERATION ENTREPRENEUR Mukesh , Ratan
C) FRANCHISES
D) OWNER-MANAGER Bill gates
10. BASED ON TYPE OF BST
Industrial
Trading
Corporate
Agricultural
11. BASES OF STAGES OF
DEVELOPMENT
First Generation Entrepreneur
Modern Entrepreneur
Classical Entrepreneur
12. OTHER CLASSIFICATION
Innovative – Creative once
Immitative – Adapt only a successful idea , unable to initiate
Fabian- Rigid , not flexible , conventional methods
Drone- not open to creativity nd change
Women – women started a bst
Copreneurs – when a couple togetherstart nd run a bst.
