WELCOME

ENTREPRENEUR

MEANING
The word derived from the french word
Entreprendre
Which means who undertake the risk of new
ENTERPRISE

INTRODUCTION
The agent who buys mean of production at
certain prices in order to combine them into
a product .
Which going to sell at uncertain prices.

According To Peter F. Drucker
Entrepreneur ,
Is must be an innovator
Capable to analysis the opportunities
Must be very simple to understand
He need not be owner of the business
TRAITS OF GOOD ENTREPRENUER
INNOVATOR
RISK TAKER
GOOD ORGANIZER
SELF CONFIDENCE
DECISION MAKER
HARWORKER
GOAL SETTER
HIGHLY OPTIMISTIC

SOCIALLY RESPONSIBLE
STRATIGIC PLANNER
BOLD AND BRAVE
GOOD COMMUNICATER
MENTALLY SOUND
LEADERSHIP
ACCOUNTABILITY
FACTORS EFFECTING
ENTREPRENEUR
ENTREPRENEURIALS
PROMMOTIONAL FACTORS
MANAGERIAL FACTORS
COMMERCIAL
ENTREPRENEURIAL FACTORS
INNOVATION

RISK TAKING

ORGANISATION BUILDER
PROMOTIONAL
DISCOVERY OF AN IDEA

DETAILED INVESTIGATION

ASSEMBLING THE REQUIREMENTS

FINANCING THE PROPOSITION
MANAGERIAL FACTORS
PLANNING
gathering information , set objectives
reviewing limitation , implementation of
plans




ORGANISING

To identify the work to be professional

To delegate authority

Co-ordination between various factors
DIRECTING

LEADERSHIP

MOTIVATION

SUPERVISION

CONTROLLING
COMMERCIAL FACTORS
PRODUCTION

FINANCE

MARKETING

PERSONNEL

ACCOUNTABILITY

TRAITS OF SUCCESFULL
ENTREPRENEUR
KNOWLEDEGE OF THE ORGANISATION

TECHNICAL KNOWLEDGE

ADMINSRATIVE ABILITY

ABILITY TO INPIRE
ABBILITY TO COMMUNICATE EFFECTIVELY

ABILITY TO LISTEN

ABILITY TO JUDGE PERSON
LEADERSHIP QUALITY

SOCIAL SENSIBILITY

PHYSICALLY ENERGETIC


ENTREPRENEURS CLASSIFIACTION

INNOVATIVE


introduce new products ,
new method of production ,
Open new markets
Innovating entrepreneurship esperiments
ADOPTIVE
They adopt the successful innovation
innovated by other.

Make some changes in the others
innovation , so to suit their requirements.
also known as IMITATIVE ENTREPRENEUR

FABIAN
Follow the foot steps of others successors.

Fabian are not risk takers

Lazy
DRONE
Drone are more Lazy then the Fabian in
adopting new methods,

but more rigid than Fabian.

They resist changes
ENTREPRENUERS VS. MANAGER

PRIMARY MOTIVES
Manager wants want promotion

Entrepreneurs want freedom

SKILLS
Professional managers are often business
school trained.

Entrepreneurs knows business intimately ,
and learn through experiences.

RISK
Managers are very careful


Entrepreneurs like calculated risk.
STATUS
Managers are employees



Entrepreneurs are the owners
EDUCATIONAL LEVELS
Managers are highly educated



Entrepreneurs have less level of education