An entrepreneur is a person who starts and runs a new business or organization. Such a founder typically develops a business plan, gets financing, hires employees and runs the business, takes the risks and create new ideologies, philosophies and ideas, if successful, enjoys the benefits. Many fail, lose money, and close the business.

1. Ms. LUBNA SURAIYA MBA., MBA., DIT., M.Phil., (Ph.D)
Assistant Professor
Department of Commerce
Loyola College, Vettavalam

2. IDENTIFY ENTREPRENEURS

3. WHO IS AN ENTREPRENEUR?
An entrepreneur is a person
1. Initiator of venture
2. Challenger with Risk of Uncertainty
3. Innovator / Creativity
4. Inspires a team
5. Ability to change direction, accelerate, slow down or even stop a venture
6. Ultimate responsible for the destiny
7. Goal Oriented
ENTREPRENEUR = Sets up business, taking financial risks for profit with creativity.

5. WHAT MAKES AN ENTREPRENEUR DIFFERENT?
Strategies that entrepreneurs may use include:
 Innovation of new products, services or processes
 Continuous process improvement (CPI)
 Use of technology and Business Intelligence (BI)
 Development of future products and services
 Optimized Talent Management

6. TYPES OF ENTREPRENEUR

7. STEPS FOR AN ENTREPRENEUR
Love what to do Acceptance Learning Corrective Actions
Attitude Team
Building
Effective Planning Self -Confidence

8. Topic : TRANSGENDER ENTREPRENEURS
AN ANALYSIS WITH SPECIAL
REFERENCE TO COIMBATORE
DISTRICT
Pre- Study : Pilot Study
Area of Study : Coimbatore
Association : CMTNS
Total Transgender : 365
Transgender Entrepreneurs : 150
Sample Size : n = 110
EMERGING
ENTREPRENEUS

9. 20 QUESTIONS BEFORE STARTING A BUSINESS
1. Why am I starting a business?
2. What kind of business do I want?
3. Who is my ideal customer?
4. What products or services will my business provide?
5. Am I prepared to spend the time and money needed to get my business started?
6. What differentiates my business from others in the market?
7. Where will my business be located?
8. How many employees will I need?
9. What types of suppliers do I need?
10. How much money do I need to get started?

10. 11. Will I need to get a loan?
12. How soon will it take before my products or services are available?
13. How long do I have until I start making a profit?
14. Who is my competition?
15. How will I price my product compared to my competition?
16. How will I set up the legal structure of my business?
17. What taxes do I need to pay?
18. What kind of insurance do I need?
19. How will I manage my business?
20. How will I advertise my business?

11. BASIC STEPS TO START A BUSINESS
 Write a Business Plan
 Get Business Assistance and Training
 Choose Business Location
 Finance your Business
 Determining the Legal Structure of Business
 Register your Business Name
 Register for Sales and Local Taxes
 Obtain Business License
 Understand Employees Responsibilities
 Find Local Assistance

12. INSTITUTIONS HELPING ENTREPRENEURS
Supportive institutions set up by Central and State governments help the entrepreneurs.
I Financial Institutions
i. Industrial Development Bank of India (IDBI)
ii. Industrial Finance Corporation of India (IFCI)
iii. Small Industries Development Bank of India (SIDBI)
iv. National Small Industries Corporation Ltd (NSIC)
v. State Small Industries Corporation (SSIC)
vi. Regional Rural Banks (RRBs)
vii. State Industrial Development Corporations (SIDCs)
ix. Cooperative Banks and Gramin Banks

13. II Technical Guidance
i. Small Industries Development Organization (SIDO)
ii. District Industries Centers (DICs)
iii. Technical Consultancy Organizations (TCOs)
iv. Small Industries Service Institutes (SISIs)
v. State Small Industries Development Corporations (SSIDCs)
vi. Industrial Development Corporation (IDCo)
vii. Agricultural Promotion and Investment Corporation of Orissa Limited (APICOI)

14. III Training Institutions
i. Small Industries Service Institute (SISI)
ii. National Bank for Agriculture and Rural Development (NABARD)
iii. Council for Advancement of Peoples Action and Rural Technology (CAPART)
iv. District Industries Centre (DIC)

15. ABC ( ACTIVITY BASED CURRICULUM)
1. Entrepreneur is derived from ___________
2. Who emphasized the role of entrepreneurs as “Innovators”?
3. Who is the Founder of Flipkart?
4. Who is the Founder of Google Chrome?
5. Name the first magazine for start ups in India?
6. Start ups are categorized under _______________
7. When was DIC established?

16. 1. French word “Entrependre” which means to undertake risk.
2. In the twentieth century, Schumpeter (1934).
3. Binny Bansal and Sachin Bansal
4. Sundar Pichai
5. The Co-Founder launched in 2016
6. Department of Industrial Policy and Promotion (India)
7. During 1978