8/22/2019 Entrepreneurship(Canara )
1/26
ENTREPRENEURSHIP
WEALTH GENERATION
8/22/2019 Entrepreneurship(Canara )
2/26
WHAT IS ENTREPRENEURSHIP?
Entrepreneurship is the process of
sensing opportunities and exploiting the
same in an innovative manner.
8/22/2019 Entrepreneurship(Canara )
3/26
Business Entrepreneurship Involves
Scanning the environment
Accordingly, identify business
opportunities
Setting up Challenging Goals
Mobilising resources and thus,
Exploiting the opportunities in aninnovative manner.
8/22/2019 Entrepreneurship(Canara )
4/26
BUSINESS FORMATION
LINKING
ENTREPRENEURSHIP
(Process in Act ion)
ENTERPRISE
(Object)
ENTREPRENEUR
(Person)
8/22/2019 Entrepreneurship(Canara )
5/26
MICRO SMALL &MEDIUM
ENTERPRISES(M.S.M.E)
MANUFACTURING SECTOR
Micro enterprises- Investment-Rs.25Lakhs.
Small enterprises- Investment-Rs.25L To 5 Cr.
Medium enterprises- Rs 5 Cr To 10 cr.
8/22/2019 Entrepreneurship(Canara )
6/26
MICRO SMALL &MEDIUM
ENTERPRISES(M.S.M.E)
SERVICE SECTOR
Micro enterprises- Investment-Rs.10 Lakhs.
Small enterprises- InvestmentRs.10L To 2 Cr.
Medium enterprises- Rs 2Cr To 5 Cr.
8/22/2019 Entrepreneurship(Canara )
7/26
8/22/2019 Entrepreneurship(Canara )
8/26
Tasks For Potential Entrepreneurs
Identify and select
Develop Entrepreneurial Behaviour.
Link with viable Business Opportunities.
Prepare Business Plan.
Get equipped with Managerial understanding.
Organise finance, infrastructure and get
support. Taking actions for success.
8/22/2019 Entrepreneurship(Canara )
9/26
Only Entrepreneur
8/22/2019 Entrepreneurship(Canara )
10/26
Entrepreneurial Competencies
Initiative:
Takes action that go beyond job requirements
or the demand of the situation.
Sees and Acts on Opportunities:
Looks for and takes action on opportunities
Persistence:
Takes repeated or different actions toovercome obstacles.
8/22/2019 Entrepreneurship(Canara )
11/26
SPOT THE ENTREPRENEUR
8/22/2019 Entrepreneurship(Canara )
12/26
Entrepreneurial Competencies
Information seeking:
Takes action on own to get information to
reach objectives or Clarify problems.
Concern for high Quality of Work:
Acts to do things that meet or beat existing
standards of excellence.
Commitment to work contract : Places the highest priority on getting a Job
Completed.
8/22/2019 Entrepreneurship(Canara )
13/26
Entrepreneurial Competencies
Efficiency Orientation:
Find ways to do things faster or with fewer
resources.
Systematic Planning:
Developsand uses the logical, step-by-step
plans to reach goals.
Problem solving: Identifies new and potentially unique ideas to
reach goals.
8/22/2019 Entrepreneurship(Canara )
14/26
Entrepreneurial Competencies
Self- confidence:
Has a Strong belief in self and own
abilities.
Persuasion and networking:
Successfully persuades others and acts
to develop business contacts.
8/22/2019 Entrepreneurship(Canara )
15/26
Business Opportunity Identification
Natural resources
Manpower resources
Infrastructure
Population
Import Substitution
Export oriented industries
Opportunities based on existingindustries.
8/22/2019 Entrepreneurship(Canara )
16/26
Business Opportunity Identification
Major institutional purchases
Shortage of consumer/industrial goods
All types of waste Services sector
8/22/2019 Entrepreneurship(Canara )
17/26
Innovative approaches
Products to solve problems (industrial,
domestic)
Exploiting new technology/materials to
meet widely felt but un-met needs
Products that appeal to human psyche
Technical extention of an establishedconcept
8/22/2019 Entrepreneurship(Canara )
18/26
Innovative approaches
Demand implicit in life styles
Combining two or more ideas
New ways of doing things Value additions to existing products
8/22/2019 Entrepreneurship(Canara )
19/26
IGA
Income Generation
Activity
EntrepreneurshipSelf Employment
Business module
8/22/2019 Entrepreneurship(Canara )
20/26
IGA IncomeGenerationActivity
SE- Self
Employment
Entrepreneurship
Business Module
8/22/2019 Entrepreneurship(Canara )
21/26
IGA
IncomeGeneration
Activity
EntrepreneurshipSelf
Employment
Business module
8/22/2019 Entrepreneurship(Canara )
22/26
Thomas Watson, who built IBM into the
greatest company of his day said:
"Would you l ike me to give you a formu la for
success? Its quite simple, really. Double
your rate of fai lure. You are thinking of
failure as the enemy of success. But it isnt
at all . You can be discouraged by fai lure or
you can learn from it . So go ahead and make
m istakes. Make al l you can. Becauseremember thats where you will find
success."
8/22/2019 Entrepreneurship(Canara )
23/26
FINAL OBJECT
8/22/2019 Entrepreneurship(Canara )
24/26
THE WORLD IS IN MY HAND
8/22/2019 Entrepreneurship(Canara )
25/26
8/22/2019 Entrepreneurship(Canara )
26/26
The Great Beginning
Thank You
S DESAI- 9223357207
Email :sudesh69desai@gmail .com
mailto:[email protected]:[email protected]Top Related