ppt template_EDE_unit 1 (identify your entrepreneurialtraits).ppt

Entrepreneurship Development

1. Entrepreneurship
Development
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2. Department of Information Technology,Government
Polytechnic Awasari(kh)
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3. TEACHING AND EXAMINATION SCHEME
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4. Department of Information Technology,Government
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1. Entrepreneurship as a carrier
2. Traits of successful intrapreneur/entrepreneur

3. Entrepreneurship
4. Intrapreneur/Entrepreneur
5. Types of Enterprises and their features
6. Steps in setting up of a business
CONTENTS
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5. https://www.youtube.com/watch?v=piZS-I9sjiU
https://www.youtube.com/watch?v=D_hSJvGjnPU
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8. Wipro-Ajimji Premji
Reliance-Ambani
Nirama-Karsanbhai Patel
HDFC-credit card
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11. DEFINITION OF ENTREPRENEURSHIP
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Entrepreneurship 
as the process of designing, launching and running
a new business, which is often initially a small business, or as the
"capacity and willingness to develop, organize and manage .a
business venture along with any of its risks to make a profit."
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https://www.youtube.com/watch?v=jGbzdSSeA9o

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https://www.youtube.com/watch?v=YEhhqqCFxog

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20. TRAITS OF SUCCESSFUL INTRAPRENEUR / ENTREPRENEUR
Consistency
Creativity
Initiative
Independent decision making
Assertiveness
Persuasion
Persistence
Information Seeking
Handling business communication
Commitment to work contract
Calculated Risk taking
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22. Consistency
It is important for all
 
entrepreneurs 
being 
consistent 
as much as possible
because
 
consistency 
is important for your success, making real progress, and
improving your work on an everyday level. To be
 
consistent 
means, that you
will repeat what you are doing and with each repetition, you will be better and
better.
Consistency and perseverance are keys to entrepreneurial success. Business is
complex because the possibilities are endless. There are many circumstances
that influence the success of a business.
Whenever small
 
failures 
knock at your door, welcome and acknowledge them.
Stay consistent, and persevere with your work, and your goals will be safe.
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23. Creativity
Looking New way of doing things, developing solution to Problem
No matter what industry you’re in, employers want workers with out-of-the-
box ideas. “They want employees to be able to not only carry out assignments,
but also come up with better ways of doing things,” Litzinger says.
That’s why it’s important to
 
be creative—to always be thinking of new ways you
can improve your company’s workflow, productivity, and bottom line.
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25. Decision-Making
-the ability to assess situation and make good decisions
The
 
decision-making 
process is one of the most critical processes in your company.
Simply, you as an
 
entrepreneur 
will make 
decisions 
about everything. Some 
decisions 
are
more influential on your overall business processes, but some of them are
small
 
decisions 
without significant effect on your business as a whole. As
an
 
entrepreneur, you have to make difficult
 
decisions 
on a daily basis.
Those
 
decisions 
can make or break the future of your business – so, if you don't have the
right
 
decision-making process, you'll put your business at risk.
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26. Assertiveness
A successful
 
entrepreneur 
is an 
assertive 
one. Being 
assertive 
means you have courage in
your convictions and stand up for what you believe in.
 
Assertive 
people are respected and
feel secure in their actions. They know how to say 'no' and aren't afraid to stand by their
decisions.
Assertiveness 
allows us to communicate our thoughts, beliefs, opinions and emotions in a
positive and confident way - being neither passive nor aggressive.
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27. Persuasion:
The Key to
 
Entrepreneurial 
Success. Being a good 
entrepreneur 
means being able to
effectively convince an investor that you have a great idea,
 
persuade 
partners that your
approach is right, and convince potential customers that the solution is right for them.
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28. Persistence
Persistence 
is a necessary part of achieving a summit, and it's also vital to creating your
success as an
 
entrepreneur. Persistence 
describes the ability to push and push toward
the finish line, even if the finish line seems comically out of reach.
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29. Information seeking
An entrepreneur undertakes personal research on how to satisfy customers and solve
problems. He/she knows that different people have different capabilities that can be of
help to them. He/she seeks relevant information from his/her clients, suppliers,
competitors and others. He/she always wants to learn things which will help the business
to grow.
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30. Effective Communication
Communication 
is a way to make interaction between people. 
Entrepreneurs 
always try
to improve their
 
communication 
skills because it will assist them in sharing their ideas
and presenting them clearly and to constantly work in a better way with their staff, team
members, clients and colleagues.
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Commitment to work contract

32. CALCULATED RISK
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33. SCOPE OF ENTREPRENEUR
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41. ENTREPRENEURS AND INTRAPRENEURS
“An intrapreneur is an inside entrepreneur, or an entrepreneur within a large
firm, who uses entrepreneurial skills without incurring the risks associated with
those activities,” Investopedia explains.
In many cases, intrapreneurs are able to work on a special project that fosters
innovation within their organization.
 
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42. ENTREPRENEURS VS. INTRAPRENEURS
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45. TYPES OF ENTERPRISES AND THEIR
FEATURES
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46. TYPES OF ENTERPRISE
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52. CHARACTERISTICS OF ENTERPRISES
Liability – who is responsible for the debts of the enterprise?
Duration – how long does the enterprise last?
Decision maker – who makes decisions about the operation of the
enterprise?
Objective Analysis: When conducting research for internal and external
analysis, it is important to remain unbiased. When you consider all facts,
comments, and data, you are able to take all the information into
perspective.
Determine Realistic Goals: When creating an enterprise strategy, you must
create goals. These goals should be clear and aspirational, but they should
also be realistic. Focus on what you can realistically achieve and keep in
mind as your business grows; you can change its goals as it becomes more
successful.
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63. ACTIVITY
1.Submit Profile Summary of a successful entrepreneur indicating
milestone achievement.
2.Undertake SWOT analysis to arrive at your business idea of a
product/service.
3.Develop two product from household waste
4.Download product development and innovative films from internet.
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64. QUIZ TIME
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Q1.  
Which of the following shows the process of
creating something new?
A.Business model
B.Modeling
C. Innovation
D.Creative flexibility
Q2 . a person who recognizes an opportunity and
organizes and manages a business, assuming the
risk for the sake of potential return.
A.entrepreneur
B.mentor
C.trade-off
D.strategy
►Ans. Innovation ►Ans. entrepreneur
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65. THANK YOU
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Thank You