lnLroducLlon Lo lashlon

LnLrepreneurshlp
Course lS1333 lashlon
LnLrepreneurshlp
8y
CurumurLhy 88
Lmall brgmurLhyfad[yahoocom/
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1oplcs
W lnLroducLlon
WueflnlLlons and meanlng
WlmporLance of enLrepreneurshlp
Wulfferences beLween employee and enLrepreneur
WCharacLerlsLlcs of an enLrepreneur
WLnLrepreneurshlp process
WluncLlons of enLrepreneur
W1heorles of enLrepreneurshlp
W1ypes of enLrepreneur
WCuallLles of enLrepreneur
lnLroducLlon
WLnLrepreneurs are key persons ln fashlon
lndusLry broadly called as fashlon
enLrepreneurs
WCreaLes self employmenL opporLunlLles
W1he pursulL of opporLunlLy Lhrough
lnnovaLlon creaLlvlLy and hard work
wlLhouL regard for Lhe resources currenLly
conLrolled ls called enLrepreneurshlp
Age
Distribution
for
Starting Company
Ability
Age
20 30 25 35 45 40
Flexibility
ueflnlLlons and meanlng
WAn enLrepreneur ls a person havlng speclflc skllls ablllLy
knowledge awareness and selfconfldence who bears
Lhe rlsk of operaLlng a buslness ln Llmes of uncerLalnLy
WPowever rlchard canLllllen descrlbes enLrepreneur as
person who purchases means of producLlon and markeL
Lhem wlLh proflL moLlve
ueflnlLlons
WAccordlng Lo !8Say An enLrepreneur ls a person
who ls an organlzer uLlllzes resources Lo maxlmlze
producLlvlLy
WAccordlng Lo !oseph aschumpeLer an enLrepreneur ls
a person who lnLroduces lnnovaLlve changes ln an
enLerprlse
WAdam smlLh descrlbes enLrepreneur as a person who
provldes caplLal wlLhouL Laklng parL ln Lhe leadlng role as
enLrepreneur
WeLer urucker descrlbes enLrepreneur as a person who
searches for changes and explolLs opporLunlLles
CharacLerlsLlcs of an enLrepreneur
WLsLabllshmenL of buslness unlL
WSpeclflc personallLy
WulfferenL from manager Lechnlclan and caplLal provlder
WLnLrepreneur ls a person or group of persons
W8lsk of uncerLalnLy
WCoordlnaLes means of producLlon
WMoLlve of economlc growLh
WlnnovaLlve person
WllexlblllLy
Wuseful Lo socleLy and naLlon
WCreaLes new opporLunlLles
W8urnlng deslre Lo excel
WAd[usLable Lo any Lype of envlronmenL
WCreaLlon of selfemploymenL
WMoLlvaLor
Wueclslon maklng ablllLy
WLeadershlp ablllLy
LnLrepreneurshlp process
LnLrepreneur LnLrepreneurshlp
LnLerprlse
erson CperaLlonal rocess Cb[ecL
WLnLrepreneur ls a person who sLarLs an enLerprlse
W1he process of creaLlon ls called as enLrepreneurshlp
W1he CuLcome of enLrepreneur and enLrepreneurshlp ls Lhe
enLerprlse
lmporLance of enLrepreneurshlp
W Pe bears Lhe uncerLalnLy of reward
WPe bears Lhe rlsk of eroslon of caplLal funds
WCreaLlon of useful goods and servlces for consumers
WCreaLlon of raw maLerlals and semlflnlshed goods for
cusLomers
Wlncreases opporLunlLy of employmenL
W8emarkable role ln economlc and lndusLrlal
developmenL of Lhe counLry
WClves beneflL of lnnovaLlon Lo Lhe socleLy and naLlon
WLsLabllshes sLablllLy ln socleLy
Wlays lmporLanL role ln balanced reglonal developmenL
WLarnlng of forelgn exchange by exporL promoLlon
WCpLlmum uLlllzaLlon of naLlonal resources
Ways Laxes Lo governmenL
WuevelopmenL of subsldlary lndusLrles
W8alse Lhe llvlng sLandards of socleLy
luncLlons of enLrepreneur
Wercelve opporLunlLy
Wlan
WCrganlze resources
WCversee producLlon
WMarkeLlng Anu
WLlalson wlLh offlclals
WSearch of new ldeas
Wrocure Lhe facLor of producLlon
W1o esLabllsh an lndusLrlal enLerprlse
W1o manage buslness
W1o develop sLraLegles
W1o assume Lhe rlsk of uncerLalnLy
W1o develop buslness
W1o Lake buslness declslons
W1o apply lnnovaLlon
W1o provlde leadershlp
W1o meeL soclal responslblllLy
1heorles of enLrepreneurshlp
1 1heory of Lhe 17
Lh
cenLury
emphaslzes on a person bearlng rlsk of proflL or loss ln a flxed
prlce wlLh govL
2 1heory of rlchard canLllllen(1723)
dlscusses on caplLal suppller and enLrepreneur
3 1heory of 8eaudeau(1797)
concenLraLes on a person bearlng rlsk and managerlal
funcLlons
4 1heory of !8Say(1803)
speaks abouL separaLed proflL of enLrepreneur from proflL of
caplLal
3 1heory of francls walker(1876)
dlsucsses on people who supply caplLal and manages sklll for
proflL
6 1heory of SchumpeLer(1934)
LnLrepreneur as an lnnovaLor
7 1heory of peLer drucker (1964)
LnLrepreneurshlp ls nelLher arL nor sclence buL lL
ls a pracLlce
lacLors affecLlng enLrepreneurshlp
Wlndlvldual
WlndusLrlal envlronmenL
WSoclal envlronmenL
WLconomlc developmenL
W1echnologlcal envlronmenL
WollLlcal envlronmenL
WlncenLlves
WroflL maklng
1ypes of enLrepreneurs
WAccordlng Lo Lype of buslness
8uslness enLrepreneur
1radlng enLrepreneur
lndusLrlal enLrepreneur
corporaLe enLrepreneur
AgrlculLural enLrepreneur
reLall enLrepreneur
Servlce enLrepreneur
WAccordlng Lo use of Lechnology
1echnlcal enLrepreneur
nonLechnlcal enLrepreneur
rofesslonal enLrepreneur
WAccordlng Lo area
urban enLrepreneur
8ural enLrepreneur
WAccordlng Lo gender
Man enLrepreneur
women enLrepreneur
CuallLles of enLrepreneur
W Plgh lnLelllgence
WCreaLlve Lhlnklng
WLeadershlp quallLles
WManagerlal efflclency
WlnlLlaLlve
W8lsk Laklng ablllLy
WloreslghL
WllexlblllLy
WMoLlvaLlonal sklll
WrompL declslon maklng
W1echnlcal knowledge
WCommunlcaLlon ablllLy
WPuman relaLlon ablllLy
WAwareness abouL responslblllLy
WPlgh energy level
Maln quallLles
CLher quallLles
W self confldence
WCourage
WCooperaLlveness
WClear vlslon and ob[ecLlve
WAblllLy Lo cooperaLe
Wlndependence
WCpLlmlsm
WPlgh wlllpower
1nANk CU