Entrepreneurial attitude

Entrepreneurial attitude

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  DEVELOPING AN ENTREPRENEURIAL ATTITUDE Anintroduction
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  ENTREPRENEUR  An entrepreneuris defined as “person in effective control of commercial undertaking; one who undertakes a business or an enterprise”.  Entrepreneur is an innovative person who maximizes his profits by following new strategies or venturing into new products or services.
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  ENTREPRENEURSHIP  Entrepreneurship isthe act of being an entrepreneur, who starts any economic activity for being self-employed.  Entrepreneurship is the “process of the entrepreneur”. It is an attempt to create value through recognition of business opportunity. It is basically communicative and management functions to mobilize financial and material resources.
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  GOVERNING FORCES  socio-economic, psychological,  cultural and other factors,  Caste/religion,  Family background,  Level of education,  Level of perception,
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  GOVERNING FORCES  Occupationalbackground,  Migratory character,  Entry into entrepreneurship,  Nature of enterprise,  Investment capacity and  Ambition/moderation.
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  WHO IS ANENTREPRENEUR…
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  CHARACTERISTICS Being an entrepreneurrequires specific characteristics and skills that are often achieved through education, hard work, and planning. Risk Taker Businesses face risk. Entrepreneurs minimize risk through research, planning, and skill development. Perceptive Entrepreneurs view problems as opportunities and challenges. Curious Entrepreneurs like to know how things work. They take the time and initiative to pursue the unknown.
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  Imaginative Entrepreneurs are creative.They imagine solutions to problems that encourage them to create new products and generate ideas. Persistent True entrepreneurs face bureaucracy, make mistakes, receive criticism, and deal with money, family, or stress problems. But they still stick to their dreams of seeing the venture succeed. Goal-setting Entrepreneurs are motivated by the excitement of staring a new business. Once achieved, they seek out new goals or ventures to try. Hardworking Entrepreneurs need a great deal of energy to see a venture start and succeed. Yet they are not deterred by the long hours to achieve their goal.
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  Self-confident Entrepreneurs believe inthemselves. Their self- confidence takes care of any doubts they may have. Flexible Entrepreneurs must be flexible in order to adapt to changing trends, markets, technologies, rules, and economic environments. Independent An entrepreneur’s desire for control and the ability to make decisions often makes it difficult for them to work in a controlled environment.
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  INTRAPRENEUR A person withina large corporation who takes direct responsibility for turning an idea into a profitable finished product through assertive risk-taking and innovation.
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  HOW…?
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  ADDITIONAL QUALITY…?
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  WHY…?
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  CHOICE IS YOUR… ANENTREPRENEUR OR AN INTRAPRENEUR…??
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  THANK YOU…!! By: Khushbu Deorah [email protected]