Entrepreneurship

Management
 Contents

Examples of
Introduction to
Successful Case study
Entrepreneurship
Entrepreneurs

Types of
What is Trade off? Assignment
Entrepreneurship
 Entrepreneurship

Entrepreneur
Entrepreneurship
Enterprise
Develops his own business, due to
its skill, innovative, wealth character

Moderate risk taker

 It is the Journey

of
Entrepreneurship converting Idea
an

Into a Business
Successful Jeff Bezos Bill Gates Byju Raveendran

Entrepreneurs

Deepinder Goyal

Sachin Bansal Mark Zuckerberg

Steve Jobs
Amazon –
providing
variety of
Services
 26
Years

Amazon’s first office, 1994 Amazon Corporate HQ, 2021

Websites
Video – Success Story
of Amazon

• https://www.youtube.com/watch?v=cz
3Y9rAM-hA
 1969
Door – Door

1972
I shop
Follow
the Goal
not the
Money
 Jingle Advertisement

https://www.youtube.com/watch?v=wpj2qkaE7YQ
Low Price But High
Quality Product
Will Run
 • No Credit…
• Only Cash….

1985 Most Popular

New Policy & 1990 Nirma New
its Impact 1994 Listed in Stock Exchange
2004 8,00,000 ton Detergent (world record)
2007 Top 7 in world
Searley Vally Mineral Inc.(USA)
 1990 2010

Udhyog Ratan Padma Shri

Achievements

#92 richest in India

2009
 What are the
important steps
in the Journey of
Entrepreneurship
• Asking the Tough questions
• What are the right answers?
No right answers only TRADE OFFS
What is
Trade-Off ?
Trade off is choosing between fuel consumption, overall cost, safety and number of people that can
travel at a time
 • A Trade off is where one thing increases, and
another must decrease
Trade-Off • A situation in which you accept something
you do not like or want in order to have
something that you want
Types of Entrepreneurship

Entrepreneurship
SME
(Local Markets)
IDE
(Global Markets)
SME VS IDE

CF CF
Assignment
Short Summary of Two Business Ideas

Give your ideas a name, a one-paragraph written summary

pitch. Remember, you are posting ideas for brand-new
ventures, or early-stage ideas you may already be working
on. Your ideas should employ an application or development
of technology. No consulting businesses or McDonald's
franchises please. In your summary you should address the
following points:

• What is the problem your product or service is going to

solve?
• What types of people or what types of companies suffer
from this problem?
• What is the innovation or competitive advantage behind
your product?