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MEANING OF AN
ENTREPRENEUR
 THE TERM “ENTREPRENEUR” FIRST OF
ALL APPEARED IN THE FRENCH
LANGUAGE WHICH MEANS “ENDEAVOR”
 BY CANTILLION:- “AN ENTREPRENEUR”
IS THE AGENT WHO BUYS FACTOR OF
PRODUCTION AT CERTAIN PRICES IN
ORDER TO COMBINE THEM INTO A
PRODUCT WITH A VIEW TO SELLING IT
UNCERTAIN PRICES IN FUTURE”
 TO CONCLUDE, AN ENTREPRENEUR IS
THE PERSON WHO BEARS RISK UNITES
VARIOUS FACTOR OF PROUCTION AND
CARRIES OUT INNOVATION.

WHO IS AN ENTREPRENEUR
 AN ENTREPRENEUR IS AN INDIVIDUAL
OR GROUP OF INDIVIDUALS WHO
TRIES TO CREATE SOMETHING NEW
 WHO ORGANISE PRODUCTION AND
UNDERTAKES RISK INVOLVED IN THE
ESTABLISHMENT AND OPERATION OF
A BUSINESS ENTERPRISE.
 WHO INTRODUCE SOMETHING NEW
AND BEARS RISK,UNCERTAINTY AND
PROFIT.

WHY TO BE AN ENTREPRENUER?
THEY ARE THEIR OWN BOSSES
THEY TAKE THEIR OWN-DECISION
THEY BEARS RISK AND GAIN PROFIT
SHARP THE MENTAL ABILITY
FORESIGHTEDNESS
OVERCOME FROM STRESS
MAINTAIN THEIR OWNPERSONALITY

CHARACTERISTICS/COMPET
ENCIES OF AN
ENTREPRENEUR
1) INITIATION:- TAKES THE INITIATION TO
START
2) WATCHING FOR OPPORTUNITIES
3) PERSISTENCE:-”TRY & TRY AGAIN”
4) INFORMATION SEEKER
5) QUALITY CONSCIOUS
6) COMMITMENT TO WORK
7) EFFICIENCY LOVER
8) PROPER PLANNING
9) SELF CONFIDENCE

Entrepreneurship is a dead wish in india

QUALITIES OF AN
SUCCESSFUL
ENTREPRENUER
 STRONG LEADERSHIP
 INNOVATION
 MOTIVATION TO ACHIEVE
 HIGH RISK TAKING
 GREAT DECISION-MAKER
 GOOD PLANNER
 REDY TO COMPETE
 FORESIGHTED

GOVERNMENT POLICIES TO
PROMOTE ENTREPRENEURSHIP
 INDUSTRIAL ESTATE
 CENTRAL EXICE CONCESSION
 FINANCIAL CONCESSION
 FIXED PURCHASED PERCENTAGE
 DEVELOPMENT OF SSI (SMALL
SCALE INDUSTRIES.)
 AVAILABLE RESOURCES

DIFFERENT POLICIES BY
GOVERNMENT
 INTRODUCE SUBSIDARY OF IDBI
BANK TO PROVIDE LOW INTEREST
LOANS
 DISTRICT INDUSTRIES CENTRE
(DICs) FOR ORGANISING AND
PLANNED BUSINESS
 PROVIDE TAX FREE LANDS
 TAX EXEMPTION

FINANCIAL BOOTSTRAPING
 OWNER FINANCING
 MINIMIZATION OF ACCOUNTS
RECIEVABLE
 JOINT UTILIZATION
 MINIMIZING INVENTORY
 SUBSIDY FINANCE
 PUBLIC OFFERING

BUSINESS PLANS
 INDUSTRY OVERVIEW
 WHAT IS THE SIZE OF THE
INDUSTRY
 WHAT SECTORS DOES THIS
INDUSTRY INCLUDE
 WHAT ARE THE MARKETS AND
CUSTOMER FOR THIS INDUSTRY?

NOT A DEAD WISH BECAUSE:
 GOVERNMENT PROMOTE POLICIES
 LOW INTEREST LOANS
 SEED CAPITAL LOANS
 ARRANGE TRAINING FOR AN
ENTREPRENEUR
 PURCHASE ASSISTANCE POLICIES
 SUBSIDIES ON EXPORTS AND
IMPORTS

EXAMPLES OF
ENTREPRENEURSHIP:
 OPEN CONSULTANCY OFFICE
 RETAILER
 WHOLE SELLER
 OPENING OWN BUSINESS
 EDUCATIONAL INSTITUTES
 OUTSOURCING

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Entrepreneurship is a dead wish in india

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Entrepreneurship is a dead wish in india