BASICS OF ENTREPRENEURSHIP

Syed Atta Hussain Shah2k14/com/26

“ENTREPRENEUR IS ONE WHO ALWAYS SEARCHES FOR CHANGE, RESPONDS TO IT AND EXPLOITS IT AS AN OPPORTUNITY”

PETER F. DRUCKER

THE ENTREPRENEUR

• The Leader

• The Business Owner

• The Risk Taker

• One Who Starts A New Business

• The Resourceful Guy• Challenging the unknown

ENTEPENDRE-AN UNDERTAKER

French Word Origin

EntrepreneurshipAccording to George Glider – From “The Spirit of the Enterprise”

“It is making the World forever NEW. It is taking AGGRESSIVE Actions.”

According to Joseph Schumpeter

“It is destroying the old order and creating new ones.”

Concept Of Entrepreneurship

-In a Business Sense, it is an Idea that has Commercial Potential.

What is an Opportunity???

-Something you can make money with, develop a business around it, or create value with it.

Character of An Entrepreneur: D’s• Dream• Determined• Decision• Doer• Destiny• Dedication

Character of An Entrepreneur: F’s• Founder• Faith• Focused• Fast• Flexible• Forever Improving

FORMS OF ENTREPRENEURSHIP

Social Entrepreneurship:Process of innovation that benefit humanity.

Business Entrepreneurship:Act for profit motive.

Techno Entrepreneurship:Technology entrepreneurship is a vehicle

that facilitates prosperity in individuals, firms, regions, and nations.

Compelling Reasons Why Do We Need Entrepreneurs???

• 90% of the World’s Jobs are Created By Entrepreneurs.

• Problem Solvers• Source of New Products and Innovation.

• It’s the Entrepreneurs- not the Central Bank - that keeps the ECONOMY moving.

THE LAST WORD!!!

DON’TLET

YOURDREAMS

BEDREAMS!!