WELCOME

ENTREPRENEUR
 MEANING
► The word derived from the french word
Entreprendre
Which means who undertake the risk of new
ENTERPRISE
 INTRODUCTION
► The agent who buys mean of production at
certain prices in order to combine them into
a product .
► Which going to sell at uncertain prices.
 According To Peter F. Drucker
► Entrepreneur ,
Is must be an innovator
Capable to analysis the opportunities
Must be very simple to understand
He need not be owner of the business
 TRAITS OF GOOD ENTREPRENUER
► INNOVATOR
► RISK TAKER
► GOOD ORGANIZER
► SELF CONFIDENCE
► DECISION MAKER
► HARWORKER
► GOAL SETTER
► HIGHLY OPTIMISTIC
► SOCIALLY RESPONSIBLE
► STRATIGIC PLANNER
► BOLD AND BRAVE
► GOOD COMMUNICATER
► MENTALLY SOUND
► LEADERSHIP
► ACCOUNTABILITY
 FACTORS EFFECTING
ENTREPRENEUR
► ENTREPRENEURIALS
► PROMMOTIONAL FACTORS
► MANAGERIAL FACTORS
► COMMERCIAL
 ENTREPRENEURIAL FACTORS
► INNOVATION

► RISK TAKING

► ORGANISATION BUILDER
 PROMOTIONAL
► DISCOVERY OF AN IDEA

► DETAILED INVESTIGATION

► ASSEMBLING THE REQUIREMENTS

► FINANCING THE PROPOSITION

 MANAGERIAL FACTORS
► PLANNING
gathering information , set objectives
reviewing limitation , implementation of
plans
 ORGANISING

► To identify the work to be professional

► To delegate authority

► Co-ordination between various factors

► DIRECTING

► LEADERSHIP

► MOTIVATION

► SUPERVISION

► CONTROLLING
 COMMERCIAL FACTORS
► PRODUCTION

► FINANCE

► MARKETING

► PERSONNEL

ACCOUNTABILITY
 TRAITS OF SUCCESFULL
ENTREPRENEUR
► KNOWLEDEGE OF THE ORGANISATION

► TECHNICAL KNOWLEDGE

► ADMINSRATIVE ABILITY

► ABILITY TO INPIRE
► ABBILITY TO COMMUNICATE EFFECTIVELY

► ABILITY TO LISTEN

► ABILITY TO JUDGE PERSON

► LEADERSHIP QUALITY

► SOCIAL SENSIBILITY

► PHYSICALLY ENERGETIC
ENTREPRENEURS CLASSIFIACTION
 INNOVATIVE

► introduce new products ,

► new method of production ,
► Open new markets
► Innovating entrepreneurship esperiments
 ADOPTIVE
► Theyadopt the successful innovation
innovated by other.

► Make some changes in the other’s

innovation , so to suit their requirements.
► also known as IMITATIVE ENTREPRENEUR
 FABIAN
► Follow the foot steps of others successors.

► Fabian are not risk takers

► Lazy
 DRONE
► Drone are more Lazy then the Fabian in
adopting new methods,

► but more rigid than Fabian.

► They resist changes

ENTREPRENUERS VS. MANAGER
 PRIMARY MOTIVES
► Manager wants want promotion

► Entrepreneurs want freedom

 SKILLS
► Professionalmanagers are often business
school trained.

► Entrepreneurs knows business intimately ,

and learn through experiences.
 RISK
► Managers are very careful

► Entrepreneurs like calculated risk.

 STATUS
► Managers are employees

► Entrepreneurs are the owners

 EDUCATIONAL LEVELS
► Managers are highly educated

► Entrepreneurs have less level of education