This document provides an overview of entrepreneurs and entrepreneurship. It begins with defining the etymology of the term "entrepreneur" dating back to the 13th century French verb "entreprendre." It then discusses key economists like Jean Baptiste Say, Richard Cantillon, John Stuart Mill, and Joseph Schumpeter who further developed the concept. The document defines a simple meaning of an entrepreneur as someone who initiates a venture while taking on financial risks and innovating. It lists several reasons for the importance of entrepreneurship such as job creation, innovation, community development, and economic growth. Overall, the summary provides a high-level view of the history and definitions of entrepreneurship as well as its significance.

1. /Mrs. LUBNA SURAIYA MBA., M.Com., DIT., M.Phil., (PGDE).,
Former Assistant Professor
Department of Commerce
Loyola College, Vettavalam
Thiruvannamalai Dist
e-mail : lubnasadiyah@gmail.com

2. +++++++++++++++++++++++++++++++
+++++++++++++++++++++++++++++++
+++++++++++++++++++++++++++++++
+++++++++++++++++++++++++++++++
+++++++++++++++++++++++++++++++
++++++++++++++++++++++++++/
IDENTIFY THE ENTREPRENEURS

3. ETYMOLOGY OF ENTREPRENEUR
The word Entrepreneur comes from 13th Century is derived from the French verb
“Entreprendre” meaning ‘to undertake’. Coined by French Economist
JEAN BAPTISTE SAY.
By the 16th Century it refers to someone who undertakes a business venture.
In 18th Century about 1730 RICHARD CANTILLON an
economist used first in academics and added a risk component
as “Risk-Taker”.
In 1848, JOHN STUART MILL used this term widely in his
book called “Principles of Political Economy”.

4. In 19th Century, 3 Economists namely
+ + Alfred Marshall = posted views on special skills.
In late 1800s ALFRED MARSHALL claims on 4 factors and their revenues on factors of
production :
1. Land = Rent
2. Labour = Wages
3. Capital = Interest
4. Organization = Profit
In the 20th Century 1934, Austrian American Political Scientist and
Economist JOSEPH ALOIS SCHUMPETER emphasized on drivers
of change = Innovation .
So he is called “FATHER OF ENTREPRENEURSHIP”.

5. SIMPLE MEANING OF AN ENTREPRENEUR
An entrepreneur is a person:
 Initiator of venture
 Risk bearing capacity
 Innovator
 Leads a team
 Responsible for his destiny
Therefore ,
A person who sets up a business, taking on financial risks in the hope of seeing
new opportunity for earning profit.
GAME PLAY

6. WHY ENTREPRENEUR / ENTREPRENEURSHIP IS
IMPORTANT
1. NEW VENTURES
 Tiny Enterprises
 Micro Enterprises ( Less than 6 people : Sole Trader)
 Small Scale Enterprises (Dozens of employees)
 Medium Scale Enterprises
 Large Scale Enterprises
 Multi National Corporations
 Blue Chip Companies
 Start Ups

7. 2. JOB CREATION
Entry Level Jobs Unskilled Skilled
3. WIDER SPECTRUM
 Agriculture and Allied activities Health Care
 FMCG Engineering & Capital Goods
 Tourism Footwear
 Oil & Gases Media and Entertainment
 Jewellery Telecommunications
 Chemicals Construction
 Real Estate Pharmaceuticals
 Information Technology Education
 Banking Automobile
 Textile Iron and Steel

8. Employment
Production
Income (y)
Savings (S)
Investment
(I)
Capital
Formation
(K)
Per Capita
Income
(PCY)
Gross
Domestic
Product
(GDP)
National
Domestic
Product
(NDP)
Net National
Product
(NNP)
4. ENHANCE STANDARD OF LIVING
EMPLOYMENT
Production (P)
Income (Y)
Savings (S)
Investment
(I)
Capital
Formation
(K)
Per Capita
Income (PCY)
Gross Domestic
Product (GDP)
Net Domestic
Product (NDP)
Net National
Product (NNP)

9. 5. INNOVATION PRODUCT
China made Transparent Fabric
TECHNOLOGY
Restaurant in France
QUALITY
6 ∑ Mumbai Dabbawalas
Introduced by Bill Smith of
Motorolla Company in 1986.
MARKET
e Log system

10. 6. COMMUNITY DEVELOPMENT AND ECONOMIC INTEGRATION
1) Slum Development 6) International Trade
2) Sanitation (Video 1) 7) Recovery of Crisis
3) Recycling 8) NGOs and Charitable Institutions
4) Recreation 9) Micro and Macro Factors
5) Rehabilitation Centers 10) CSR Activities
BILL AND MELINDA GATES FOUNDATION
Partnered with India for HIV Prevention Model ( Earlier $ 67.5 Million,
Currently $ 200 Million) + Immunization + Maternal and Child health + Nutrition +
Financial Inclusion.
7. RESEARCH AND DEVELOPMENT
 Emergence of new insights (Video 2)
 Stability of explore the unexplored.

13. INNOVATION LOGOS OF COMPANES

14. VIDEO ON
HIDDEN LOGOS
OF
FAMOUS COMPANIES
(Video 3)

15. PRIOR POINTS TO REMEMBER TO START
BUSINESS
1. What is the purpose of starting a business?
2. What is my level of investment?
3. What kind of business to start?
4. How could I register and obtain license for my business?
5. How will I set up the legal structure of the business?
6. How will I manage my business?
7. Who is my ideal / target customer?
8. Where is the location of my business?
9. What differentiates my business from others?
10. What marketing strategies and advertising are to be adopted?
11. Will I need to get loan? Yes / No. If Yes, Will I avail loan?
12. Who are my competitors? (Primary stage : Domestic and Region)
13. Is there any availability of raw-material and other input?
14. Who will be the local middle chain?
15. How do I price my product?
16. What is my Pay Back Period?
17. What taxes do I need to pay?
18. What kind of insurance do I need?
19. Are there any institutions that will financially assist?
20. Will there be any considerable growth and expansion of my business?

16. VIDEO ON
SMALL BUSINESS
TO START FOR A FRESHER
(Video 4)

17. TEST YOUR KNOWLEDGE
Q1. Who is called the Milkman of India ?
Hint : Founder of NDBB (National Diary Development Board
Q2. Who is called India’s Mark Zuckerberg?
Hint : Founder of TAC Security Solutions
Q3. Who is the Founder of Steel Mont Pvt Ltd?
Hint : Notable Dalit Entrepreneur
Q4. Who is the face behind WIPRO Technologies?
Hint : A Muslim Entrepreneur
Q5. Who is Bindeshwar Pathak?
Hint: Biogas linked with Sulabh Toilet to fermentation plants.
Q6. Founder of HCL Technologies
Hint: Hails from Tiruchendur
Q7. Founder of Sahodari Foundation
Hint: An eminent Transgender personality

18. PROUD FOR INDIA : REAL ENTREPRENEURS
Innovative Entrepreneur Young Entrepreneur
Dalit Entrepreneur
Social Entrepreneur Male Entrepreneur Transgender Entrepreneur
Minority Entrepreneur

19. Q8. What is the full name of JRD Tata?
Q9. In which year was District Industries Center started?
Q10. The Union Ministry of Skill Development and Entrepreneurship s has launched
__________________________ for youngsters by Rajiv Pratap Rudy.
Q11. Global Entrepreneurship Summit in 2017 was held at ___________.
Q12. Iodex is a brand owned by ____________
Jehangir Ratanji Dadabhoy Tata
In the year 1978
Pradhan Mantri Yuva Yojana
Telangana, Hyderabad on 28th November 2017
Glaxo

20. LOGO IDENTIFICATION

21. L
Central Level
•State Lev
INSTITUTIONS SUPPORTING
ENTREPRENEURS
INSTITUTIONS ASSISTING
Global Level Central Level State Level
Other
Category

22. Entrepreneurs’ Organization
Founders Card
Young Entrepreneur Council
Young President's Organization
Vistage
Dynamite Circle
The Entrepreneur’s Club
Ashoka
The Association of Private Enterprise Education
Startup Grind
I GLOBAL LEVEL

23. II CENTRAL LEVEL
Small Scale Industries Board (SSIB)
National Small Industries Corporation (NSIC)
Small Industries Development Organization (SIDO)
Khadi and Village Industries Commission (KVIC)
National Small Industries Corporation (NSIC)
National Science and Technology Entrepreneurship Development Board
(NSTEDB)
National Productivity Council (NPC)
Entrepreneur Development Institute of India (EDII)
Indian Institute of Entrepreneurship (IIE)
National Institute for Entrepreneurship and Small Business Development
(NIESBUD)
National Institute for Small Industry Extension and Training (NISIET)

24. III STATE LEVEL
 Directorate of Industries (DI)
 District Industries Center (DIC)
 State Financial Corporation (SFC)
 State Industrial Development (SID)
 State Industrial Investment Corporation (SIIC)
 State Small Industrial Development Corporation (SSIDC)
IV OTHER CATEGORY
Consortium of Women Entrepreneurs of India
Women India Trust
Self Employed Women Association
Federation of India Women Entrepreneur
Self -Help Groups
National Bank for Agriculture and Rural Development

25. STATISTICAL CONTENT

26. VIDEO ON
TOP 10
INTERNET ENTREPRENEURS
(Video 5)

27. CLIMAX SCENE IN REALITY