Entrepreneurship Need And

Hours

Name – Nishant Rajendar Kadam.

Class- SY-BMS Sub- BPME
Date: o4/ September/2020
What is an Entrepreneur ?

One who Creates a new business in Face of risk and

uncertainty for the Purpose of achieving profit and
growth by identifying and as sembling the
necessary resources to capitalise on them.
 Concept Of Entrepreneur

1. RISK BARRIERS
2. ORGANISER
3. INNOVATOR
Schumpter’s Definition of
Entrepreneur
Reform Or revolutionize the pettern of Production by
exploiting an invention or more generally, an
untried technological possibility For producing a
new commodity .
Characteristics of Entrepreneur

Desire for responsibility

Preference for moderate risk
Confidence in their ability to succeed
Desire for immediately feedback
High level of energy
Future orientation
Skilled at organising
Functions of Entrepreneur

Innovation
Risk Taking
Organization Building
Absorb Uncertainty
Frame the Challenges
Build community
 Personal traits And Characteristics
of Entrepreneur
Self reliance and desire High energy level
Internal locus and
for independence
controls

Passion and action Who are the Self-confidence

orientation
Entrepreneur ?

Tolerance for
ambieguIty High need to Flexibility
achievements
Entrepreneurial Motivation

Motivation Is an inner Spirit That Activates and direct

behaviour towards our goals
Factors Responsible For
Entrepreneur
INTERNAL FACTORS EXTERNAL INTERNAL

_____________
FACTORSFACTORS
 Govt. Assistance And support
 Desire to do Something new
 Availability oDesire to do Something
 Educational background new
 Experience  Educational background
 Experience f Labour and raw material
 Encouragment From big busbusiness
houses
 Promising demand for the product
Lifestyle of Entrepreneur

The central characteristic of the lifestyle

Entrepreneur is the attempt to creates profit
From the personal passion . If , for example, an
Individual has a passion for the internet , tahy
May be start a site from Which shoppers can buy
online.
 Thank you....!
For Your Time and for payling attention .
Again....