Dayananda Sagar College of Engineering

Department of Construction Technology And Management

ShavigeMalleshwara Hills, Kumaraswamy Layout, Bangalore – 560 078.
(An Autonomous Institute affiliated to VTU, Approved by AICTE & ISO 9001:2008 Certified)
Accredited by National Assessment and Accreditation Council (NAAC) with ‘A’ grade

Program: B.E. Branch: CTM

Course: MEP Semester : 5th Sem

Course Code: Date: 17/11/2018

AAT

Presentation on

Meaning and Evolution of Entrepreneurship

Submitted by

VYOM 1DS16CT032

Faculty In-charge

Prof. Varsha
 Entrepreneurship has traditionally been defined as the process of
designing, launching and running a new business, which typically
begins as a small business, such as a startup company, offering a
product, process or service for sale or hire.

 It has been defined as the "...capacity and willingness to develop, organize,

and
manage a business venture along with any of its risks in order to
make a profit.

 While definitions of entrepreneurship typically

focus on the launching and running of businesses, due to the high
risks involved in launching a start-up, a significant proportion of
businesses have to close, due to a "...lack of funding, bad
business decisions, an economic crisis -- or a combination of all of these"[
 •INTRODUCTION OF NEW PRODUCT

•INTRODUCTION OF NEW METHODS OF

PRODUCTION

FUNCTIONS OF
ENTREPRENEURSHIP

•DEVELOPMENT OF NEW MARKETS AND FINDING

FRESH SOURCES OF RAW MATERIALS

•MAKING CHANGES
• Vijay Shekhar Sharma is an Indian entrepreneur and
founder of Paytm. Sharma was born in Aligarh, UP in a
modest family.

• Sharma was ranked as India's youngest billionaire in

2017 by the Forbes with a net worth of $2.1 billion.

• In 1997, while in college, he started the website

indiasite.net, and sold it two years later for $1 million.

• Bhavish Aggarwal is an Indian entrepreneur and co-

founder of Ola Cabs with Ankit Bhati.

• He began his career with Microsoft, where he worked

for two years.
• In 2015 Aggarwal and Bhati were the youngest to be
included in that year's list of richest Indians.
• Shashank N D, a biotechnology student from NIT,
Surathkal (Karnataka), decided to build a software to
simplify health care.
• He roped in classmate Abhinav Lal and they founded
Practo Ray, an online management software that allows
doctors to upload and store medical records and
prescriptions, patient history, billing schedule, make
appointments, and so on.

• Deepinder Goyal and Pankaj Chaddah are the founders

of Zomato
• Zomato is a restaurant search and discovery platform
providing in-depth information for over 1.4 million
restaurants.
• Zomato has expanded its offering to Online
Ordering (Food Delivery), Table Reservations, Corporate
Catering etc.
• Today, Deepinder Goyal’s restaurant guide and food
delivery firm, worth 1.1 billion USD, is making its
presence felt across 10,000 cities in 24 countries.
• Radhika Ghai Aggarwal is the co-founder
of online marketplace ShopClues established in
2011
• Shopclues experienced a growth of over 600
percent in the year 2012 alone.

• Kiran Mazumdar Shaw is the founder Chairman and

Managing Director (CMD) of Biocon Limited.
• Born in Bangalore, Shaw completed her Bachelors in
Zoology from Mount Carmel College, Bangalore
University.
• She started Biocon in 1978 and spearheaded its
evolution from an industrial enzymes manufacturing
company to a fully integrated bio-pharmaceutical
company.
 "Entrepreneurship is the dynamic process of creating incremental
wealth"

 Entrepreneurship is an agent of change, providing creative, innovative

ideas for businesses, helping businesses to grow and become profitable.

 Entrepreneurs have created new products and services.

 Entrepreneurship is a "pioneer-ship on the frontier of business.

 Application of energy to initiating and building an enterprise

 And not watching and analyzing risksboth personal and financial.

 Do everything possible to reduce chances of failure.

 PERIOD ENTREPRENEUR
EARLY PERIOD EG: MARCO POLO WHO TRIED TRADE ROUTES TO FAR EAST
MIDDLE AGES A PERSON MANAGING LARGE PROJECTS. NOT TAKING RISKS,
BUT MANAGING PROJECTS USING THE RESOURCES PROVIDED

17TH CENTURY A PERSON WHO USED TO ENTER INTO CONTRACTUAL

AGREEMENT WITH THE GOVERNMENT TO PERFORM SERVICE
OR SUPPLY SOME GOODS. THIS INVOLVED SOME RISK SINCE
THE CONTRACT PRICE WAS FIXED AND THE ENTREPRENEUR
HAD TO BEAR THE PROFIT OR LOSS.
18TH AND 19TH A PERSON WHO NEEDS CAPITAL. MANY TECHNICAL
CENTURY INVENTORS DID NOT HAVE MONEY TO TURN THEIR
INVETIONS INTO PRODUCTS. HENCE SOME CAPATALISTS HAD
TO FINANCE THEM
20TH CENTURY A PERSON WHO ORGANISE AND OPERATES AN ENTERPRISE
FOR PERSONAL GAINS. HE TAKES RISKS,CONTRIBUTES HIS
OWN INITIATIVE, SKILLS, HE PLANS ORGANIZES AND LEADS
HIS ENTERPRISE. HE BEARS THE LOSS OR GAIN. HE IS A
INNOVATOR.