Entrepreneurship(Canara )

8/22/2019 Entrepreneurship(Canara )

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ENTREPRENEURSHIP

WEALTH GENERATION


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WHAT IS ENTREPRENEURSHIP?

Entrepreneurship is the process of

sensing opportunities and exploiting the

same in an innovative manner.


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Business Entrepreneurship Involves

Scanning the environment

Accordingly, identify business

opportunities

Setting up Challenging Goals

Mobilising resources and thus,

Exploiting the opportunities in aninnovative manner.


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BUSINESS FORMATION

LINKING

ENTREPRENEURSHIP

(Process in Act ion)

ENTERPRISE

(Object)

ENTREPRENEUR

(Person)


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MICRO SMALL &MEDIUM

ENTERPRISES(M.S.M.E)

MANUFACTURING SECTOR

Micro enterprises- Investment-Rs.25Lakhs.

Small enterprises- Investment-Rs.25L To 5 Cr.

Medium enterprises- Rs 5 Cr To 10 cr.


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MICRO SMALL &MEDIUM

ENTERPRISES(M.S.M.E)

SERVICE SECTOR

Micro enterprises- Investment-Rs.10 Lakhs.

Small enterprises- InvestmentRs.10L To 2 Cr.

Medium enterprises- Rs 2Cr To 5 Cr.


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Tasks For Potential Entrepreneurs

Identify and select

Develop Entrepreneurial Behaviour.

Link with viable Business Opportunities.

Prepare Business Plan.

Get equipped with Managerial understanding.

Organise finance, infrastructure and get

support. Taking actions for success.


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Only Entrepreneur


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Entrepreneurial Competencies

Initiative:

Takes action that go beyond job requirements

or the demand of the situation.

Sees and Acts on Opportunities:

Looks for and takes action on opportunities

Persistence:

Takes repeated or different actions toovercome obstacles.


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SPOT THE ENTREPRENEUR


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Information seeking:

Takes action on own to get information to

reach objectives or Clarify problems.

Concern for high Quality of Work:

Acts to do things that meet or beat existing

standards of excellence.

Commitment to work contract : Places the highest priority on getting a Job

Completed.


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Efficiency Orientation:

Find ways to do things faster or with fewer

resources.

Systematic Planning:

Developsand uses the logical, step-by-step

plans to reach goals.

Problem solving: Identifies new and potentially unique ideas to

reach goals.


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Self- confidence:

Has a Strong belief in self and own

abilities.

Persuasion and networking:

Successfully persuades others and acts

to develop business contacts.


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Business Opportunity Identification

Natural resources

Manpower resources

Infrastructure

Population

Import Substitution

Export oriented industries

Opportunities based on existingindustries.


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Business Opportunity Identification

Major institutional purchases

Shortage of consumer/industrial goods

All types of waste Services sector


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Innovative approaches

Products to solve problems (industrial,

domestic)

Exploiting new technology/materials to

meet widely felt but un-met needs

Products that appeal to human psyche

Technical extention of an establishedconcept


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Innovative approaches

Demand implicit in life styles

Combining two or more ideas

New ways of doing things Value additions to existing products


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IGA

Income Generation

Activity

EntrepreneurshipSelf Employment

Business module


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IGA IncomeGenerationActivity

SE- Self

Employment

Entrepreneurship

Business Module


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IGA

IncomeGeneration

Activity

EntrepreneurshipSelf

Employment

Business module


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Thomas Watson, who built IBM into the

greatest company of his day said:

"Would you l ike me to give you a formu la for

success? Its quite simple, really. Double

your rate of fai lure. You are thinking of

failure as the enemy of success. But it isnt

at all . You can be discouraged by fai lure or

you can learn from it . So go ahead and make

m istakes. Make al l you can. Becauseremember thats where you will find

success."


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FINAL OBJECT


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THE WORLD IS IN MY HAND


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The Great Beginning

Thank You

S DESAI- 9223357207

Email :sudesh69desai@gmail .com
mailto:[email protected]:[email protected]

Entrepreneurship(Canara )

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