MG6071- ENTREPRENEURSHIP

DEVELOPMENT

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 Introduction
An entrepreneur is an individual with
adequate knowledge, sprit of innovation who
aims at achieving new ides

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 Concept of Entrepreneurship
Entrepreneurship is the act of setting out on
your own and starting a business.

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 Concept of Entrepreneurship

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 Benefits of entrepreneurship:
 Create own destiny.
 Make difference.
 Reach ones full potential.
 Reap extraordinary profits.
 Societal responsibility and recognition.
 Opportunity to engage in work of their choice.
Drawbacks of entrepreneurship:
 Uncertainty of income.
 Risk of losing entire investment.
 Long hours of hard work.
 Lower quality of life until the business gets established.
 High level of stress, complete responsibility.

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