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3.

1 Data Analysis

Table 1: Gender wise classification

Gender Frequency Percentage

Male 31 68%

Female 19 32%

Total 50 100%

INTERPRETATION
Among the 50 respondents 31 are men and The first diagram shows that out of 19
respondents 68% of respondents where Male and 32% are Women.
Table 2: Age Classification

Age Group Frequency Percentage

18-21 35 70%

21-24 15 30%

Total 50 100%

FIG:--3.2

INTERPRETATION

The major part of respondents were from the age category of 18 to 21 that is
35 respondents are of this category and the balance 15 respondents were from
the age category 21 to 24.
Table 3: Field of Study

Field of Study Frequency Percentage

BA 27 54%

B Com 8 16%

BSc 10 20%

Other 5 10%

Total 50 100%

INTERPRETATION

When it comes to the field of study major portion of the respondents belong to
B Com (54%). The next major portion belongs to other category BSc(20%). 16%
of the respondents belong to BA and balance is belonging to other field (10%).
Table 4: Interest in Start-up

Interest in starting a Frequency Percentage


Start-up
Yes 20 40%

No 30 60%

Total 50 100%

INTERPRETATION

60% of the respondents are not interested in setting up of an start-up where as


40% of the respondents are not interested in setting up of an start-up

Table 5: Salaried person/ Self employee


Salaried person/ Self Frequency Percentage
employee
Self employee 41 82%

Salaried person 9 18%

Total 50 100%

INTERPRETATION
Most of the respondents are interested to become self employee (82%) rather than salaried
employee

Table 6 : Start-up is a safe career path


Entrepreneurship is a Frequency Percentage
safe career path
Yes 40 80%

No 10 20%

Total 50 100%

INTERPRETATION
Most of the respondents (80%INTERPRETATION) believe that setting up a Start-up is safe
career path for their future.

Table 7 : New idea for starting a Business


Entrepreneurship is a Frequency Percentage
safe career path
Yes 36 72%

No 14 28%

Total 50 100%

INTERPRETATION
Among the 50 respondents 36 (72%) respondents have an idea to start a new business

Table 7 : Source to raise fund


Field of Study Frequency Percentage

Own fund 23 46%

Bank Loan 88 36%

Other sources 9 18%

Total 50 100%

INTERPRETATION

46% of the respondent raise raise fund through their through their own funds
while 36% raise through Bank Loans

Table 7 : Motivation by Famous Entrepreneur


Motivation by Famous Frequency Percentage
Entrepreneur
Yes 34 68%

No 16 32%

Total 50 100%

INTERPRETATION
68% of the respondents were motivated by some of the famous entrepreneurs like Yusuf
Ali, Joy Allukka etc..

Table 8: Which sector would you like to commence a business?


Sector Frequency Percentage

Trading 9 18%

Finance 15 30%

Service 18 36%

Process 3 6%

Other 5 10%

Total 50 100%

INTERPRETATION
When the question which sector is their interest to start their business, major portion has
opted Service as their sector (36%). Following to the previous category the next major
portion has opted for Finance sector. 18% of respondents have their choice to start their
business in Trading sector. The next portion of 9% has opted other as their sector and the
balance 6% has opted for process sector.

Table 9: Interest in Stating-up


Interest in Stating-up Frequency Percentage

Family Background 3 6%

Ambition 17 34%

Motivated by 9 18%
Entrepreneur
Other 12 24%

Not interest 9 18%

Total 50 100%

INTERPRETATION
Ambition has been the reason behind the interest to become an entrepreneur of most of
the respondents, 24% of the respondents had other reasons while 18% of respondents falls
in two categories. Motivated by entrepreneurs or not interested. The least category was
family background.
Table 10 : Choose the extent of your agreement about the factors that can
influence in commencing a business?

Awareness Factors High Moderate Low Total

Government rules and 14 28 8 50


regulations

Different sources of capital 16 32 2 50

Procedures relating to starting 16 25 9 50


a business

Knowledge about product and 18 28 4 50


its implications

Marketing techniques and 20 24 6 50


market competitions

Experiences in the field of 6 23 21 50


business
From the above diagram and table following points can be concluded: -

Government rules and regulations: - Among the respondents of 50, 14 are highly aware
about this factor. 28 respondents are moderately aware about this factor and balance 8have
low awareness about this factor.

Different sources of capital: - 16 are highly aware about this factor. 32 respondents are
moderately aware about this factor and balance 2 have low awareness about this factor.

Procedures relating to starting a business: - Among the respondents 16 are highly aware
about this factor. 25 respondents are moderately aware about this factor and balance have
low awareness about 9 this factor.

Knowledge about product and its implications: - 18 are highly aware about this factor. 28
respondents are moderately aware about this factor and balance 4 have low awareness
about this factor.

Marketing techniques and market competitions: - Among the respondents 20 are highly
aware about this factor. 24 respondents are moderately aware about this factor and
balance have low awareness about 6 this factor.

Experiences in the field of business: - 6 are highly aware about this factor. 23 respondents
are moderately aware about this factor and balance 21 have low awareness about this
factor.
Table 11 : Specify your Awareness Level about starting a business

Awareness Factors High Moderate Low Total

Government rules and 15 28 7 50


regulations

Different sources of capital 17 31 2 50

Procedures relating to starting a 17 26 7 50


business

Knowledge about product and 18 28 4 50


its implications

Marketing techniques and 20 24 6 50


market competitions

Experiences in the field of 6 24 20 50


business
From the above diagram and table following points can be concluded: -

Government rules and regulations: - Among the respondents of 50, 15 are highly aware
about this factor. 28 respondents are moderately aware about this factor and balance 7
have low awareness about this factor.

Different sources of capital: - 17 are highly aware about this factor. 31 respondents are
moderately aware about this factor and balance 2 have low awareness about this factor.

Procedures relating to starting a business: - Among the respondents 17 are highly aware
about this factor. 26 respondents are moderately aware about this factor and balance have
low awareness about 7 this factor.

Knowledge about product and its implications: - 18 are highly aware about this factor. 28
respondents are moderately aware about this factor and balance 4 have low awareness
about this factor.

Marketing techniques and market competitions: - Among the respondents 20 are highly
aware about this factor. 24 respondents are moderately aware about this factor and
balance have low awareness about 6 this factor.

Experiences in the field of business: - 6 are highly aware about this factor. 24 respondents
are moderately aware about this factor and balance 20 have low awareness about this
factor.
Table 12 : Tell us to what extent do you agree and disagree with the following
benefits of entrepreneurship

Benefits Strongly Agree Neutral Disagree Strongly Total


Agree Disagree

There is high return from 12 27 9 2 50


business.

There is lots of tax concession 9 22 18 1 50


available for a start-up

Start-up is a safer 7 17 20 6 50
career in today's world

It is easy to attain 6 16 17 9 2 50
loan/Venture capital

Start-ups creates job 23 20 7 50


opportunities

Start-ups contributes to the 22 19 8 1 50


welfare of the society
Findings from the above table and diagram: -
There is high return from business: - 12 respondents have strongly agreed on this benefit of
entrepreneurship, 27 respondents have agreed on this statement, 9 respondents have
neutral opinion on this benefit and 2 have disagreement on this statement as benefit.

There is lots of tax concession available for a start-up: - Among the respondents 9 have
strongly agreed on this statement, 22 has agreed, 18 have neutral opinion and 1 have
disagreed on this statement.

Start-up is a safer career in today's world: - 7 have a strong agreement on this statement,17
have agreed on this statement, 20 have neutral opinion and 6 have disagreed on this
opinion.

It is easy to attain loan/Venture capital: - Among the respondents, 6 have strongly


agreement, 16 have agreed on this statement. 17 have neutral opinion, the opinion of
disagreement was given by 9 and 2 have strongly disagreed on this statement.

Start-ups creates job opportunities: - 23 respondents had a strong agreement on this


statement,20 have agreed on this statement and balance 7 have neutral opinion on this
statement.

Start-ups contributes to the welfare of the society:- 22 respondents have strongly


agreement on this statement, 19 have agreed on this statement, 8 have neutral opinion on
this and one of the respondents only have a strong disagreement on this statement.
Table 12 : Express your extend of agreement on barriers that can affect
entrepreneurship

Barriers Strongly Agree Neutral Disagree Strongly Total


Agree Disagree

Lack of capital 21 21 8 50

Government laws and 14 26 9 1 50


Regulations

High Interest on bank 16 23 9 2 50


loans

Lack of business 17 24 6 3 50
knowledge

Lack of government 15 20 10 5 50
support

Availability of resource 16 27 6 1 50
Following conclusions can be made from the above table and diagrams.

Lack of capital: - when asked about the opinions about the lack of capital out of 50
respondents 21 respondents strongly agreed, another 21 respondents just agreed,8
respondents have neutral opinions and no respondents strongly disagreed

Government laws and Regulations: -out of 50 respondents 14 strongly agreed ,26 just
agreed,9 respondents just had a neutral opinion ,1 disagreed and no one strongly disagreed
when asked about the government laws and regulations.

High Interest on bank loans: -out of 50 respondents 16 strongly agree ,23 agree,9 had a
neutral opinion and 2 disagreed when asked about the opinion on high interest on bank
loans.

Lack of business knowledge: -out of 50 respondents 17 strongly agreed, 24 agreed ,6 had


neutral openion,3 disagreed and no one strongly disagreed when asked about the opinion
on lack of business knowledge

Lack of government support: -out of 50 respondents 15 strongly agreed, 20 agreed ,10 had a
neutral openion,5 disagreed and no one strongly disagreed when asked about the opinion
on lack of government control.

Availability of resource: -out of 50 respondents 16 strongly agreed, 27 agreed ,6 had a


neutral opinion ,1 disagreed, and no one strongly disagreed when asked about the opinion
on availability of resources

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