ENTREPRENEURSHIP

 Entrepreneurship, like an entrepreneur, has no single definition. Entrepreneur is a person

while entrepreneurship is a process. Entrepreneurship is a process under taken by
an entrepreneur to create incremental value and wealth by discovering investment
opportunities, organizing enterprises, undertaking risks and economic uncertainty and there
by contributing to economic growth.
 One who creates a new business in the face of risk and uncertainty for the purpose of
achieving profit and growth by indentifying significant opportunities and assembling the
necessary resources to capitalize on them.

 Entrepreneur/ship, just like management, has no single definition. An entrepreneur is a

person who is action oriented, highly motivated, takes risks to achieve goals. An
entrepreneur is a person who establishes his own business with the intention of making
profits. An entrepreneur is a person who only provides capital without taking active part in
the leading role in an enterprise. An entrepreneur is a one who innovates, raise
money, assemble input, choose managers and set the organization growing
Traits and Behavior of Entrepreneurial
Personality
 Commitment
 Achievement
 Tolerance
 Creativity
 Skills of organizing
 Hard work
 Tenacity
 Desire for responsibility
 Preference for moderate risk
 Self reliance
 Confidence in their ability to succeed
 Determination
 Desire for immediate feedback
 High level of energy
 Future orientation
 Tenacity
 Persuavisness