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Technology

Entrepreneurship
Marks Distribution

 Quiz= 10 marks (freq =5, Best “2”)


 Assignment = 5 marks (3 assignment)
 Project/ Startup =15 marks
 Mid Term = 25
 Final marks = 40
 CP = 5
What is
Startup??
Startup
• A Startup is a temporary organization in search of
Repeatable, Scalable and profitable business
model. Problem solving
• The early days of a scalable startup are about the
search for a repeatable and scalable business
model
Concepts of Business Terms

• Proprietorship is the simplest business form


under which one can operate a business. It
simply refers to a person who owns the business
and is personally responsible for its debts
Concepts of Business Terms

Partnership
• A partnership is a form of business where two or
more people share ownership, as well as the
responsibility for managing the company and the
income or losses the business generates
Concepts of Business Terms

Company is a natural legal entity formed by the


association and group of people to work together
towards achieving a common objective.
A private company is owned by
the company's founders, management, or a
group of private investors.
A public company is a company that has sold all
or a portion of itself to the public via an
initial public offering.
Concepts of Business Terms

Break Even point


This will be our first target to achieved BEP in
our startups/ businesses
 It means your total sales equal your total
expenses
When you break-even, your business does not
profit. But, it also does not have a loss.
Startup
Business Model Canvas
Types of process management
Phases of any Product
A pivot usually occurs when a company make a fundamental change to their
business after determining (usually through market research) that their product isn't
meeting the needs of their intended market.
Thank you

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