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S.No Attribute from the article Page No.

1 Rule of thumb training 7

(i) Practical learning 7

(ii) Simpler learning /concepts 7

(iii) Standard accounting training 7


(iv) Duration 7

(v) Effective 7

(vi) Follow-Up 7

(vii) Improvement in daily profits 8

(viiii) Limitations 8

2 Personal initiative training 8

(i) Technical skills 8

(ii) Soft skills 8


(iii) Testing 8

(iv) Business Edge programme 8


(v) Duration 8

(vi) Follow-up 8

(vii) Improvement in daily profits 8


(viii) Pricing 8

(ix) entrepreneurial mind-set 8

(x) Mindset training and interpersonal skills 9

(xi) Improvement in daily sales 9

(xii) quality of the trainers 9

(xiv). Traditional approach with personal initiative 9

(xiii) Effectiveness 9

3 Targeted- group training 10


(i) Gender -specific training 10

(ii) ILO’s Gender and Enterprise Together 10

(iii) Improvement in sales and profits 10

(iv) Encouragement to innovate 10

(v) SIYB 10

(vi) Youth specific training 10

(vii) training for out-of-school youth, 10


entrepreneurship education taught in secondary
(viii) schools 10

Entrepreneurship programmes
(ix) may be offered in universities 10

(x) Small grants 10

(xi) Effectiveness 10

(xii) Follow-Up 10
Article- Training entrepreneurs
Reference from the article Brief description about the attribute

It focuses on standard training methods


that teach about a broad range of practice
IIb within short period of time

provide simpler training that focuses on


IIb heuristic guidelines or rule-of-thumb.

An alternative is to provide simpler


training that focuses on heuristic
IIb guidelines or rule-of-thumb.

Accounting practices and how to calculate


IIb firm profits
IIb 4-hour rule-of-thumb training for finance

This type of training is effective for lower


education owners and especially for
IIb women
Follow-up a year later shows that the
heuristic-based approach increased daily
IIb profits
It has resulted in improvements in daily
IIb profits, studies say
This type of training has not long-lasting
effects and only limited to few areas like-
financing and prefred only for least
IIb educated entrepreneurs

Classroom training programmes typically


focus on improving technical business
skills in record-keeping,
marketing, etc. An alternative approach
instead targets attitudes, particularly mind-
IIc set and aspirations.

focus on improving technical business


IIc skills in record-keeping,

Personal initiative training aims to develop


a proactive entrepreneurial mind-set,
encouraging owners to search
continuously for new opportunities,
learn from errors, and think of ways to
IIc differentiate their business from others.
Testing the content with a group to ensure
IIc quality and effectiveness

a traditional small business training


IIc approach.
IIc received 36 hours of classroom training,
followed by a trainer visiting each
business for one three-hour visit per
IIc month for each of the next four months.
Personal initiative training is found to
improve business profits by 30% over
the next two and a half years, which is
significantly higher than the 11% increase
IIc from traditional training.
IIc US$750 cost-per-participant of training

a training exercise involves entrepreneurs


thinking through their previous business
day, and asking what they can do so that
tomorrow is an improvement over
IIc yesterday

There have also been tests of other


psychology-influenced training curricula,
including interpersonal skills
(Dammert and Nansamba 2019) and
another form of mind-set training (Alibhai
IIc et al. 2019).
The average impacts on profits and sales
are 14% and 10% improvements
IIc respectively,
Quality of trainers is to ensure the training
is done effectively and effortlessly and
IIc results are produced

combine modules on both traditional


training topics with modules on
personal initiative, and it is unclear
whether attempting to do both approaches
complements or weakens
the emphasis on mind-set in personal
IIc initiative training.
such training may be less effective for
entrepreneurs who already have strong
aspirations and who are proactive to
IIc begin with.

IId
These types of traning have been
introduced by many institutions
established especially for women to
remove barriers of gender discimination in
the society and to teach them segregation
IId of household and business work

the ILO’s Gender and Enterprise Together


(GET Ahead) programme, which combines
standard topics like recordkeeping,
separating business and household
finances, costing and pricing, etc., with
IId topics on gender
the Kenya study found significant
improvements in profits and sales after
IId three years
that this growth does not appear to have
just come from taking away sales from
untrained women, but rather, the trained
women introduced new products and total
IId market sales grew...

The "Start and Improve Your Business


(SIYB)" Program of the International
Labour Organization is a system of inter-
related practical management-skills
training package for small-scale enterprise
owners and managers. It encompasses a
range of cost-effective and practical
training, monitoring and evaluation
methodologies and instruments which
were designed to meet the management
training needs of potential and existing
IId small business persons.

These programmes is specifically run for


youth with the motive of inroducing
entrepreneurship knowledge to them in
schools or universties to make them
capable of open their own source of
IId employment

The first consists of training for out-of-


school youth, with
the goal of getting them to start
businesses or expand existing
businesses. In a number of cases, this
training is coupled with other forms of
assistance such as small grants, making it
hard to assess the impact
IId of training alone
Entrepreneurship education taught in
secondary schools, such as the Educate!
programme. These programmes typically
consist of a combination of soft skills
IId training and business concepts

An example is an experiment in Tunisia


which taught entrepreneurial skills
during the last year of university. While the
study found positive impacts on starting
new firms after one
IId year

assistance such as small grants will help


IId them to come forward and participate

It is not always clear that self-employment


is the most desirable employment option.
In the longer-run, youth may also be better
investing in schooling rather than starting
a business, so that
examining employment over the longer-
IId term is important.

because the control group often starts


very few firms, measuring the impacts on
profitability or sales is difficult because
control group means
can be low. Looking at total income from
all income-earning activities, including
wage work, is likely to be
IId a better measure for comparability.
Article- Training entrepreneurs
What/How Poornatha does Poornatha Reference

framework like GATE, Skill Vs Attitude,VUCA


World and Skill-Attitude Matrix JnJ
Basic concepts like understanding balance
sheets, maintaining accounts , techniques of
handling receivables by classifying into red
,green and yellow colors. Flip book (customer feedbacks)
Concepts like depreciation, Understanding
balance sheet, maintaining receivables ,cash
management, etc Flipbook

Simple ways and concepts explained with the


help of facilitator to ensure effectiveness
irrespective of participants having an
educational background Flip book (customer feedback)

Poornatha has almost ventured not only in


financial aspects of business but also other
aspects like Handling people, communication Flipbook/ Shree NM

Poornatha have tailor-made content which help


in key areas of business and different aspects
of business. Blogs

Developing skills and attitude, developing


leadership qualities,people management are
some of the concepts Poornatha adds in its
curriculum Blogs/Shree NM
It conducts mock/trial sessions with a group of
people before actually presenting it to market. Flipbook
JnJ, a comfortably-paced business mentoring
program, aims to turn you into a confident,
resilient leader, keeping the MSME ecosystem
in mind. JnJ

Poornatha conducts Various sessions like


sangamam,Shree NM where they train
participants in their communication skills,
interpersonal skills,etc Shree NM/Blogs

Poornatha trains their facilitators/trainers


continuously ,held trial sessions and make
improvements if needed Flipbook

Poornatha gives importance to both traditional


business learning concepts as well as personal
development. topics like VUCA World,Gate
framework, leadership qualities , understanding
networth , balance sheet, communication are
all part of different sessions held Blogs
Poornatha gives discounts /grants who register
with them in stipulated time
Suggestion Competitors(Already existed)

EDII

The participants should be


encouraged to apply these in their
business situations and a follow up
should be made to ensure that
participants are able to do the same.

Complex or more detailed concepts


can be broken into pieces if possible
Regular assignment should be there
for individial as well as for group
activity, which will help in peer
learning as well. What particiapnt are
learning or are thry learning or not,
should be followed up assignment.
Poornatha can provide programmes
exclusively for women and youth and
target all women entrepreneurs who
have the capability but struggling to
survive their MSME and also target
youth to provide them with right
attitude and skills to become future
entrepreneurs

Provide tailor made content in which


they not only focus on business
concepts but household concepts
and other things which helps to move
towards self employment and gain
confidence

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