Entrepreneurship skills.pptx

Entrepreneurship development refers to the process of enhancing entrepreneurial skills and knowledge through structured training and institution building programmes. Entrepreneurs identify as an innovation to seize an opportunity, mobilize funds, raise capital and take calculated risks to open market or new business for products, processes and services. An entrepreneur is someone who has the capability to start an organization by organizing various resources required to make an opportunity purposeful.

1. Entrepreneurship skill A step towards a business world

2. Table of content Sr. No. Topic Page No. 1 Entrepreneurship and Entrepreneur 3 - 14 2 Barriers To Entrepreneurship 15 3 & 4 Entrepreneurial Attitudes & Entrepreneurial Competencies 16 - 17

3. Entrepreneur Entrepreneurs identify as an innovation to seize an opportunity, mobilize funds, raise capital and take calculated risks to open market or new business for products, processes and services. An entrepreneur is someone who has the capability to start an organization by organizing various re4sources required to make an opportunity purposeful. ENTREPRENEURSHIP Entrepreneurship development refers to the process of enhancing entrepreneurial skills and knowledge through structured training and institution building programmes. NIESBD is premier organization of the ministry of skill development and entrepreneurship GOI.

4. Features of Entrepreneurship economic activity profit optimization of resources An ability to take risk

5. Entrepreneurship – Art or Science It is considered to be both as it requires specific progression and procedures to be followed and also the skill to digress when required and yet make the entire activity profitable and growth oriented.

6. Qualities of a successful entrepreneur Initiative Willingness to take risks Ability to learn from experience Motivation Self confidence Hard work Decision making ability

7. Types of entrepreneurs Service Entrepreneur Business Entrepreneur Industrial Entrepreneur Technical Entrepreneur Non-technical Entrepreneur Professional Entrepreneur Agricultural Entrepreneur – Pramod Gautam a former automobile engineer developed app called Trringo to lend or rent farm equipment. Sachin Kale, Innovative A grilife solutions pvt. Ltd. etc.

8. Shiv Nadar Founder and Chairman Emeritus of IT Company 'HCL Technologies Limited Azim Hashim Premji Indian business tycoon-chairman of Wipro Limited , a multinational IT Consulting and System Integration services company IT Entrepreneur

9. Co founder and CEO of Sugar Cosmetics started in 2015 Namita Thapar Executive Director of Indian Business , Emcure Pharmaceuticals Women Entrepreneur

10. Anshu Gupta Founder Director at Goonj and Gram Swabhimaan Urvashi Sahni Founder and CEO of SHEF ( Study Hall Educational Foundation) Social Entrepreneur

11. Family Business Entrepreneur

12. Ramesh Babu the barber who owns rolls Royce Ritesh Agarwal Founder and CEO of Oyo Rooms First generation Entrepreneur

13. Roles and Functions Identifying opportunity Turning ideas into action Feasibility study Resourcing Settings up an enterprise managing the enterprise Growth and development

14. What motivates an entrepreneur? Standard of excellence Uniqueness Focus on long term goals Need to influence Identifying opportunity and risk taking Community concerns Personal experiences Research with others ?

15. Barriers to entrepreneurs Environmental barriers No or faulty business plan Personal barrier’s Self doubt, Finding a team and teamwork

16. Entrepreneurial attitudes & Entrepreneurial competencies Taking initiative Decisiveness Organizational skills Perseverance Interpersonal skill

17. THANK YOU