4. Entrepreneur is any person that continuously
seeks and acts upon opportunities for
economic and or social gains through applying
the principle of creative problem solving.
5. T
The entrepreneur
The opportunity-spotter The project championThe inventor
The person who realizes the
opportunity and is determined to
engage it
The person who makes
things happen
The originator of
the product or
concept
The idea
Identifying
the
opportunity
Matching
the idea
to the
opportunity
Exploiting
the
opportunity
to build
something
of value
Source: Bolton & Thompson
Entrepreneurs: Talent, Temperament, Technique
16. Estimation of capital resources
Selection of location
Study of availability of labor forces
Scanning for the best suitable idea
Studying marketing strategy
PLANNING
18. Organizing And Decision Making
Determining the objects of the business enterprise
Procurement of machinery , material, men etc.
Acquisition of efficient technology
Development of market for the product
21. state of being certain
Confidence
Business Focus
Potentiality to turn a profit
22. Delegator
core concepts of management leadership
Independent
Sovereignty
being determined; firmness of purpose
Determination
23. •Relationship-Builder
strong, deep, or close association or
acquaintance between two or more people
lover of learning
•Knowledge-Seeker
Promoter:
maker arrangements for events
26. • Communication
•Passion & Motivation
Power of communicating with others
Keep concentration & inspiration
on specific work
working diligently and for long hours
• Hard working
27. •Disciplined Dedication
controlled form of behavior or way of working
•Adaptability & Flexibility
To cope with the changing circumstance
Planning
The process of thinking about
organizing activities
30. Entrepreneur are born
Interaction of heredity and environment
Risk taker
Bright Individuals
Core abilities
Inherent qualities
Attitude
31. Entrepreneur are made
Entrepreneurship through company
As a exercise
Capital offering
Inherit through belongings
learning trade secret
Made by experiences
Others influence
32. • Bill gates and Steve jobs’
children are not entrepreneur
• Coders Trust has been making
entrepreneurs
33. Decrease Unemployment
Reduce Capitalization
Increase Productivity
Creates New Technologies , Products And Services
Local resource Can Be Used
Improve Living Standard
Economic Independence
Overall development
Creating New Forms Of Business
34.
35. Role of Entrepreneurship in
Economic Development
Investment
Employment
Diversity in products and services
International trade
Contributes to gross domestic
product
41. At a glance
Entrepreneurship
Types of Entrepreneurship
Functions of Entrepreneurship
Required qualities to be an Entrepreneur
Entrepreneurs Born or Made
Role of ent. in Industrialization
Role of ent. in Economic Development