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INTROUCTION TO
ENTREPRENEURSHIP

    AJEYA JHA
What is Entrepreneurship?
 Entrepreneur - An organizer of musical
  or other entertainments
 16th century - Those who were engaged
  in military expeditions.
 17th century - Extended to cover civil
  engineering activities
 18th century - used to refer to economic
  aspects
 Why is entrepreneurship important
  for the society?
Mind-Blocks
   Are Indians Entrepreneurs?
   Is not it hereditary?
   Is not it uncertain and risky?
   Does it not lack dignity?
   Dont we need enormous wealth
Benefits of Entrepreneurship
 Better Income
 Challenges of uncertainty and risks
 Freedom from retrenchment, VRS
  and retirement
 Private dynasty
 create and innovate
Benefits to Society
 Employment Generation
 Low rates of inflation
 Small Business Dynamism
 Balanced economic development
 Reducing unrest and social tension amongst
  youth
 Improving quality of life
 Higher Revenue for the Government
 Improved values and civic sense
Introuction to entrepreneurship
Characteristics Needed
   Self discipline/self control:
   Risk Taking attitude and willingness:
   Self confidence:
   Optimist
   High need for achievement:
   Need for independence:
   Need for power:
   Creativity:
   Ability to think 'big'
   Sense of efficacy:
   Imaginative:
   Respect for feed back
   Ability to digest failures and learning from
    experiences:
   Future oriented:
   Hard working and Sincere:
   Foresight
   Frugality:
   Low need for affiliation:
   Religious and cultural beliefs.
THANK
 YOU!

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Introuction to entrepreneurship

  • 2. What is Entrepreneurship? Entrepreneur - An organizer of musical or other entertainments 16th century - Those who were engaged in military expeditions. 17th century - Extended to cover civil engineering activities 18th century - used to refer to economic aspects
  • 3. Why is entrepreneurship important for the society?
  • 4. Mind-Blocks Are Indians Entrepreneurs? Is not it hereditary? Is not it uncertain and risky? Does it not lack dignity? Dont we need enormous wealth
  • 5. Benefits of Entrepreneurship Better Income Challenges of uncertainty and risks Freedom from retrenchment, VRS and retirement Private dynasty create and innovate
  • 6. Benefits to Society Employment Generation Low rates of inflation Small Business Dynamism Balanced economic development Reducing unrest and social tension amongst youth Improving quality of life Higher Revenue for the Government Improved values and civic sense
  • 8. Characteristics Needed Self discipline/self control: Risk Taking attitude and willingness: Self confidence: Optimist High need for achievement: Need for independence: Need for power:
  • 9. Creativity: Ability to think 'big' Sense of efficacy: Imaginative: Respect for feed back Ability to digest failures and learning from experiences:
  • 10. Future oriented: Hard working and Sincere: Foresight Frugality: Low need for affiliation: Religious and cultural beliefs.