ENTREPRENEUR AND ENTREPRENEURSHIP

PRESENTATION EXPLAINING THE REVIEW ON ENTREPRENEUR AND KEY POINT FOR ENTREPRENEURSHIP AND TOOL FOR ENTREPRENEURSHIP AND SOME ENTREPRENEUR

1. ENTERPRENEUR &
ENTREPRENEURSHIP
PRESENTED BY
Mr. Popin Kumar
Assistant Professor
GIS IPS DEHRDUN
DATE : 18/02/2019

2. Entrepreneur work comes form FRENCH origin
meaning “ to undertake”
Entrepreneur take initiation for profits
Entrepreneur
Brand Business Trademark

3. Entrepreneur
Anentrepreneurisapersonwhosearches
forchangesandrespondstoitby
startingaenterprise.
Whosetupabusinessorasetofbusiness
fortakingfinancialriskinthehopeof
profits.
Anentrepreneurintroducenewidea,
carriesnewactivities,co-ordinatesthe
factorofproductionanddescribesnow
businessshouldrun.
Entrepreneur
(Person)
Entrepreneurship
(Process)
Enterprise
(Outcome)

4. MANAGER
Amanagerisonewhodealswithdaytodayaffairofagoingconcernand
operatesinaexistingenterprise.
Amanagerusedentrepreneurskillinordertomanagechangesand
innovationofeffectivelydealswithuncertainexternalenvironmentof
business.
INTRAPRENEUR
Aintrapreneurisanentrepreneurwithinanalreadyestablished
organization.Thistermisusedtorepresentthenewbreedofco-
operateentrepreneur,wecanalsocallasinternalentrepreneur.
Theyarecreativeandinnovativepeopleworkingwithintheframeworkof
organization
How entrepreneur is differ form manager and
intrapreneur

5. DIFFERENCE BETWEEN ENTERPRENEUR AND MANAGER
S.N
.
ENTREPRENEUR MANAGER
1Set up a new venture Only runs an existing unit
2Entrepreneur is another name of
innovation who work to find new
method & products etc.
An employee of business
organization. He cannot operate
independently
3He takes calculated risks and he is
responsible for failure and financial
He takes less risks as compare to
entrepreneur
4He starts & run his venture
independently. He self employed &
he is own BOSS
He cannot be an innovator. He
deals with the day to day affairs of
going concern.
5He is motivated by profits and he
may even suffer loss.
He is motivated by rewards or
incentive. His salary cannot be
negative.

6. Entrepreneurship
Theactivitiesonebyanentrepreneurforsettingupa
businessorsetofbusiness,takingonfinancialcalculated
riskinthehopeofprofits
ENTERPRENEURSHIP
ACTIVITY
PERFORM BY
ENTERPRENEUR
CREATIVITY
THOUGHT
PROCESS
Entrepreneur give some idea or transformational information that boost the business
to the next level

7. WHY ENTERPRENEURSHIP..?/ Rewards of
Entrepreneurship
Being your own boss
Doing something you enjoy
Being creative
Setting your own schedule
Having job security
Making more money
Being recognized in the community
Work satisfaction

8. Characteristic of an entrepreneur
ENTREPRENEUR
Self starter
Determination
Creative
Self confidence
Discipline
Passion
Action oriented
leadership
Endless curiosity
Risk taking
Winning
performance
Goal oriented
Open minded
competitiveVisionary

9. Key point that only important for an
entrepreneur
CREATIVTY INNOVATION
Ability to make
something new
Moving from known
to Unknown
It should be based on
future disruptive
projection
State of mind that
come change 100%

10. INNOVATION
Future disruptive projection
Based on Imagination
Increase quality/skills
Existing Old Assumption
Based on experiences
Maintain the quality/skills
AGILITY STABILITY

11. FUTURE DISRUPTIVE PROJECTION eg. 1
1900-1910
radio
1920-TV (PICTURE
RADIO)
CRT-Cathode ray
tube
CCRT-Color
cathode ray tube
PDP-plasma
display panel
OLED-Organic
light emitting diode
LED-Light
emitting diode
LCD-Liquid
crystal display

12. FUTURE DISRUPTIVE PROJECTION eg. 2
1940-60 Telephone
Trunk call
Radio common
carrier
Rotatory dial
telephone
Fixed analog phone
Portable cordless
phone
1990 mobile phone
2004 blackberry
add Email
2002 cemraphone
@ 0.3 mp
1996 phone with
watch/calender
2005 walkman
phone

13. Self discovery (Strength/ weakness)
Generating & evaluating idea (experiences/discussion) SWOT analysis
Identify opportunities (need/ want)
Growth (Expansion of business)
Planning (Research/Plan/Strategies)
Starting up Capital (required capital)
Start-up (Lunching)
Harvest (advantage of all above )
PROCESS OF ENTERPRENEURSHIP

14. Life line of the nation
Provide innovation
Growth of economy
Increase profits
Employment opportunity
IMPORTANCE OF ENTREPRENEURSHIP

15. Life line of the nation
An enterprise
manufacturing
the product
Product in
market/
selling/earning
Produced taxes
Generate
revenue
Developed
economy/ nation
grow

16. Provide innovation
Ability to be
creative
Ability to spot the
opportunities
Innovation
Invention
SUCCESSFUL DEVELOPMENT
OF ENTERPRISE

17. Entrepreneur
Developed their own
business and earn high profit
•No fixed money
•No earning limit
Serviceman
Work with in an organization
•Fixed money
•Earning limit
Increase Profits

18. •Servants
•Agent
•Supplier
•Customer
•Market share holder
•Investor
Employment opportunity

19. REASON BEHIND SUCCESS OF ANY BUSINESS
•Customer need is food for your growth factory
•Create pipeline of promising idea
•Pilot experimentation & validation
•Commercialization launch & Ramp up
•Improvement cycle
1.They focus on customer need
2.Not on technology, manpower, process,
facility
1.Teamforencouragingto
ask/discussion
1.Pilotscale-up/smallprototypetest
2.Experiment/validate/reaction/feedback
1.Implementonlargescale
2.Createnetwork/distributor/partner/
dealers
3.Createsupplychain
AGILITY STABILITY SUCCESS
Implement of concept of 5P
Price/People/Product/
Process/Promotional

20. Pharmaceutical entrepreneur
Inthepastdecadeandahalf,twoverydifferentsectorsofthe
Indianeconomyhavegeneratedenormouswealthandthrown
uparecordnumberofbillionaires.Oneoftheseisthesoftware
servicesindustryandother,thepharmaceuticalandhealthcare
sector.
FIRM 2005-2015 2020 (EXPECTED)
Industry Moving up from $6 billion to
over $12 billion in revenues.
Expected to be $55
billion
Hospital -or
healthcare
$100 billion by the end of 2015$280 billion by 2020.

21. InMarchthisyear,thephenomenalriseofthepharmaceuticalsectorin
IndiawashammeredhomewhenDilipShanghvi,themild
manneredandlowkeyfounderofSunPharma,foundhimselfinthe
spotlightforhavingbecometherichestmaninthecountry,
displacingMukeshAmbaniofRelianceIndustries.
SinghbrothersoftheFortishealthcarechain,whosoldPharmafirm
RanbaxytoDilipShanghvi.
TheReddyfamilyofDrReddy'sLaboratories,
DrPrathapReddyofApolloHospitals,
DeshbandhuGuptaofLupin,
Y.K.HamiedofCipla,
CyrusPoonawalaofSeruminstitute
KiranMazumdar-ShawofBiocon,

22. COMPANYNAME FOUNDER
SUN PHARMA Dilip Shanghvi
LUPIN Deshbandhu
Gupta
CIPLA Y.K. Hamied

23. COMPANYNAME FOUNDER COMPANYNAME
ALKEM
LABOLATORIES
SampradaSingh
AUROBINDO P.V. Ramaprasad Reddy
Biocon Kiran Mazumdar-Shaw
Serum institute Poonawala

24. Founder Jeff bezos
library online submit
1995
First Launch E.Com
platform for selling
book online
Founder (2007)
SachinBansal/ Binny
Bansal
Founder (2009)
Garrett Camp
Founder (2010)
RohitBansal/ Kunal
Bahl
Out of box thinking
Traditional work + new
technology = innovation
Generate
employment
observed day to
day problem of
people
Simply change
the lifestyle

25. You never become a rich,
until you sell your time
You will,
when you buy the time