Entrepreneur.....

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 ► DETAILED

OF AN IDEA

INVESTIGATION

► ASSEMBLING ► FINANCING

THE REQUIREMENTS

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 ► TECHNICAL

OF THE ORGANISATION

KNOWLEDGE

► ADMINSRATIVE ► ABILITY

ABILITY

TO INPIRE

► ABBILITY

TO COMMUNICATE EFFECTIVELY

► ABILITY

TO LISTEN

► ABILITY

TO JUDGE PERSON

► LEADERSHIP ► SOCIAL

QUALITY

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 other’s innovation , so to suit their requirements. ► also known as IMITATIVE ENTREPRENEUR

FABIAN ► Follow

the foot steps of others successors.

► Fabian ► Lazy

are not risk takers

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

education

have less level of