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ENTREPRENEURSHIP

What is it ???

ENTREPRENEURSHIP
Its a process of: 1. 2. 3. 4. Doing something new of value Devotion of necessary time & effort Assuming the necessary risks Rewards of being an entrepreneur

DECISION PROCESS
The decision to become an entrepreneur by leaving the present activity

FACTORS OF ENTREPRENEURIAL DECISION PROCESS


1. Research & Development 2. Skills of Marketing 3. Disruption 4. When it is both Desirable & Possible

Desirability
1. Culture 2. Sub culture 3. Family 4. Universities 5. Peers

Possibility
1. Government 2. Background 3. Presence of market 4. Role Model 5. Financial Resources

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