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Entrepreneurial Management

Entrepreneurial Manager
Manu N Widge

Entrepreneurial Management

Who is an Entrepreneur ?

Individual who takes risks and starts something new.

Process of Entrepreneurship:
It is the process of creating something new with value by devoting the necessary time and effort, assuming the accompanying financial, physic, and social risks, and receiving the resulting rewards of monetary and personal satisfaction and independence.

Entrepreneurial Management

Who wants to be an Entrepreneur ?


Locus of Control An attribute indicating the sense of control that a person has over life Being ones own boss, one of the strongest needs of an entrepreneur An individuals need to be recognized

Need for Independence

Need for achievement

Entrepreneurial Management

Entrepreneur Background & Characteristics ?

Social Status Childhood Family Environment Education Personal Values Age Work History Motivation Role Model Moral Support Network/ Professional Support Network
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Entrepreneurial Management

Female v/s Male Entrepreneurs

Motivation Departure Point Sources of Funds Occupational Background Personality Characteristics Support groups Type of business started

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