Entrepreneurship qualities

1. Welcome
A Warm Welcome to all of
you for a discussion on
“Entrepreneurship
Development”
SHANTILAL
HAJERI

2. Factors of Production
SHANTILAL
HAJERI
Land Rent
Labour Wages
Capital Interest
Entrepreneur Profit
Entrepreneur is a person who
knows how to Arrange and use
L.L.C. to earn some income which
is more than R.W.I

3. Philosophy of an
Entrepreneur
“Known is a drop
but
Unknown is
an ocean”
“Learn, Unlearn and
Relearn”
SHANTILAL
HAJERI

4. ASK
ATTITUDE
SKILL
KNOWLEDGE.
These are the 3
attributes that an
entrepreneur should
possess in right
proportion.
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HAJERI

5. WISDOM
Data
Information
Knowledge
Wisdom
The skill to use the
knowledge is wisdom.
It comes by
constant practice and
self confidence
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HAJERI

6. KNOWLEDGE
Vs SKILL
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HAJERI
SKILL KNOWLEDGE
Doing Knowing
Needs constant
practice
Can be acquired
instantly
One should
have self
confidence
Not necessary
Application of
knowledge
No application
Practice makes
you perfect
Practice not
needed
Learning by
doing
Memorising

7. Examples of SKILL.
Cycling, Swimming,
Fast reading, Writing,
Managing, Marketing,
Communication,
Planning, Coordinating
Memorising, Efficiency,
Good Handwriting,
Inter personal Relation
and
Entrepreneurship
etc
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HAJERI

8. Goal
Where am I?
Where do I want to go?
The answers to these
two questions
determine the road
map that you have to
follow.
Unfortunately today’s
youth do not set the
goals.
SHANTILAL
HAJERI

9. Goal
Agripreneur:
It means you want to
become an agri
businessman
The first question you
should ask is
“Do I have
entrepreneurship
characteristics?”
SHANTILAL
HAJERI

10. Goal is MBA
Management institutes
are not the placement
agencies.
They are the producers
of Entrepreneurs
If your aim is to get
placement, it means you
want to become “SBA”
Servant of Business
Administration
SHANTILAL
HAJERI

11. Need of skills
After completing BSE
Agri you get a
certificate.
The certificate may
get you a job.
Do you get
entrepreneurship
skills for managing the
business?
If you can not satisfy
your employer can you
continue in the job?
SHANTILAL
HAJERI

12. BSC means?
If you do not acquire
the entrepreneurship
skills required for an
agripreneur, BSC
means
“Banoonga Servant
Chakar”
Certificate is like a
Driving License.
If you do not know
driving what is the use
of driving license?
SHANTILAL
HAJERI

13. What is the use of
degree?
A student has done ME
Electrical. If there is any
electrical problem in his
house he calls an
electrician who may be
10th fail
A student has done ME
Automobile. If there is
any problem in his vehicle
he goes to a mechanic
who may be 10th fail.
The story is same
regarding any other
courses.
SHANTILAL
HAJERI

14. Acquiring Skills is the
answer.
If you acquire the
entrepreneurship
skills that are
expected from an
Agripreneur, then you
will never face
problem in the long
run.
Do not chase the
success.
Be competent, success
will chase you
SHANTILAL
HAJERI

15. Acquiring Skills is the
answer.
Set your goal.
Identify the set of
skills that you have to
acquire.
Do your SWOT
analysis.
Start practicing right
from now.
SHANTILAL
HAJERI

16. Entrepreneurship competencies
Attributes of Attitude
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1 ACCOUNTABILITY
2 ACHIEVEMENT MOTIVATION
3 ACTIVE
4 ADAPTABILITY
5 ADVENTUROUS
6 ALERT
7 AMBITIOUS
8 ASSERTIVE
9 AUSTERITY MEASURES
10 BODY LANGUAGE
11 BOLDNESS

17. Entrepreneurship competencies
Attributes of Attitude
SHANTILAL V HAJERI 17
12 CLARITY OF THOUGHTS
13 COMMITMENT
14 COMMON SENSE
15 COMPETITION FACER
16 CONCENTRATION
17 CONCERN FOR CUSTOMERS
18
CONCERN FOR OTHERS'
CONVENIENCES
19 CONCERN FOR PROFIT
20 CONCERN FOR QUALITY
21 CONCERN FOR SAFETY
22 CONSISTENCY
23 CORRECT COMPLEX

18. Entrepreneurship competencies
Attributes of Attitude
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24 EFFICIENCY
25 ENERGETIC
26 ENTHUSIASM
27 FAILURE MANAGEMENT
28 FIRMNESS
29 FLEXIBILITY
30 FORGIVENESS
31 GOAL SETTING
32 GOOD MANNERS
33 GOOD MORALS
34 HEALTH CONSCIOUSNESS
35 HELP SEEKING
36 HONESTY
37 HUMULITY

19. Entrepreneurship competencies
Attributes of Attitude
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38 INFORMATION SEEKING
39 INITIATIVE
40 INNOVATION
41 INTEGRITY
42 INTER PERSONAL RELATION
43 INTEREST
44 INVOLVEMENT
45 LONG TERM APPROACH
46 MUTUAL TRUST
47 NATURAL JUSTICE
48 OPTIMISTIC

20. Entrepreneurship competencies
Attributes of Attitude
SHANTILAL V HAJERI 20
49 PATIENCE
50 PERCEPTION
51 PERSISTENCE
52 POSITIVE THINKING
53 PRACTICAL APPROACH
54 PRESENCE OF MIND
55 PUNCTUALITY
56 QUALITY CONSCIOUS
57 RISK BEARING
58 SELF CONFIDENCE
59 SELF CONTROL
60 SELF DISCIPLINE
61 SELF ESTEEM
62 SELF MOTIVATION
63 SELF RELIANCE
64 SINCERITY

21. Entrepreneurship competencies
Attributes of Attitude
SHANTILAL V HAJERI 21
65 SOCIAL
66 SPONTANEITY
67 SUCCESS MANAGEMENT
68 TEMPERAMENT
69 TOLERANCE
70 TOUGH
71 VISUALISATION
72 VISION

22. Entrepreneurship competencies
Attributes of Skills
SHANTILAL V HAJERI 22
1 ABILITY TO JUDGE ABILITY
2 ANALYTICAL SKILLS
3 BUDGETING
4 COMMUNICATION SKILLS
5 COST BENEFIT ANALYSIS
6 DECISION MAKING
7 DELEGATION
8 DRAFTING SKILLS
9 EXPERIENCE
10 FAST READING SKILLS
11 FORECASTING
12 HOUSE KEEPING

23. Entrepreneurship competencies
Attributes of Skills
SHANTILAL V HAJERI 23
13 IMAGE BUILDING
14 INTER PERSONAL SKILLS
15 LEADERSHIP
16 LEADING BY EXAMPLE
17 LISTENING SKILLS
18 MARKETING SKILLS
19 MEMORY POWER
20 MOTIVATION
21 NEGOTIATION SKILLS
22 PERSUASION
23 PLANNING
24 PRICING SKILL
25 PRIORITISATION
26 PROBLEM SOLVING
27 PUBLIC RELATION
28 PUBLIC SPEAKING SKILLS
29 PUBLICITY

24. Entrepreneurship competencies
Attributes of Skills
SHANTILAL V HAJERI 24
30 REASONING ABILITY
31 RESOURCE MOBILISATION
32 SEES AND ACTS OPPORTUNITIES
33 SENSE OF HUMOR
34 STAGE COURAGE
35 TEAM SPIRIT
36 TIME MANAGEMENT
37 USE OF INFLUENCE

25. Entrepreneurship competencies
Attributes of Knowledge
SHANTILAL V HAJERI 25
1 GENERAL KNOWLEDGE
2 KNOWLEDGE OF ACCOUNTS
3 KNOWLEDGE OF COMPETITORS
4 KNOWLEDGE OF COMPUTER
5 KNOWLEDGE OF CURRENT AFFAIRS
6 KNOWLEDGE OF ENGLISH LANGUAGE
7 KNOWLEDGE OF HINDI
8 KNOWLEDGE OF LOCAL LANGUAGE
9 KNOWLEDGE UPDATING
10 QUALIFICATION
11 SWOT ANALYSIS
12 TECHNICAL KNOWLEDGE

26. Resources for acquiring skills
Internet
News Papers
Financial Dailies
Magazines and Periodicals
Teachers.
Friends and Class mates.
Relatives.
Industrialists.
Strangers.
Success Stories
Biography of successful people
SHANTILAL V HAJERI 26

27. Updating knowledge
Whatever the students learn during
the course is not sufficient to be
successful businessmen. The MBA
students should cultivate the habit
of updating their knowledge.
The medicines that a Doctor
prescribes are not the ones which
he acquired when he did his MBBS.
The case laws that an Advocate
quotes are not the ones which he
has studied while doing his LLB.
“Learning is a life ling process”.
SHANTILAL
HAJERI

28. Entrepreneurs do not fightEntrepreneurs do not fight
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HAJERI

29. Entrepreneurs Co-operate
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HAJERI

30. SHANTILAL
HAJERI
Successful entrepreneursSuccessful entrepreneurs
Bill Gates –
Microsoft
Warren Buffet –
Berkshire Hathaway
Laxami Mittal –
Arsenal Mittal

31. Modern Entrepreneur
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HAJERI

32. Modern Entrepreneur
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HAJERI

33. Modern Entrepreneur
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HAJERI

34. Modern Entrepreneur
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HAJERI

35. Modern Entrepreneur
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HAJERI

36. Modern Entrepreneur
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HAJERI

37. Modern Entrepreneur
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HAJERI

38. Modern Entrepreneur
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HAJERI

39. Modern Entrepreneur
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HAJERI

40. Modern Entrepreneur
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HAJERI

41. Modern Entrepreneur
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HAJERI

42. Modern Entrepreneur
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HAJERI

43. TYPES OF MANAGERS.
A) RULE ORIENTED VS.
PEOPLE ORIENTED
100
0
A)RULE ORIENTED
B) BALANCED
C) PEOPLE ORIENTED
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HAJERI

44. TYPES OF MANAGERS.
B) RULE ORIENTED VS.
RESULT ORIENTED.
9 X(9,1) X(9,9)
8
7
6
5 X
4 (5,5)
3
2
1 X(1,1) X (1,9)
0
0 1 2 3 4 5 6 7 8 9
RESULT ORIENTED
SHANTILAL
HAJERI

45. ENJOY YOUR WORK
I DID FLY HIGH IN THE
SKY NOT TO KEEP THE
RECORD OF MY FLYING,
BUT BECAUSE I ENJOYED
FLYING.
SHANTILAL
HAJERI

46. Be Extra Ordinary
ORDINARY +
EXTRA=
EXTRA ORDINARY
THE DIFFERENCE
BETWEEN
ORDINARY AND
EXTRA ORDINARY IS EXTRA.
“The Best Way to
Work in an
Organisation, is to
Work as if it is
your own.”
SHANTILAL
HAJERI

47. Do not expect
spoon feeding
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HAJERI

48. Entrepreneurs are born to lead
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HAJERI

49. If you think you are lion
then you are lion
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HAJERI

50. Do not be affected by Criticism
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HAJERI

51. Putting
on the
Armor
Putting
on the
Armor
Change
3 Things!

52. This is going
to be a
wonderful day!
This is going
to be a
gloomy day!
Manage Your Self-Talk
If you think you Can, or you think you
Can’t…YOU’RE RIGHT!
Henry Ford
THINKINGTHINKING

53. I am
responsible
for .
who I am
what I have
what I do
ATTITUDE
ATTITUDE
ATTITUDE
ATTITUDE
Accept Responsibility

54. Take Risk
Risk is the possibility
of not getting what
you expect.
An entrepreneur
should take calculated
risk.
After all Profit is the
reward for taking risk.
Not taking risk is the
biggest risk.
SHANTILAL
HAJERI

55. LEARNING
YOU LEARN A LOT BY
SEEING, LOOKING,
WATCHING, LISTENING
AND OBSERVING.
KEEP YOUR EARS & EYES
OPEN.
SHANTILAL
HAJERI

56. PRISONERS’ DILEMMA
IF “X” GIVES EVIDENCE
“X” WILL BE RELEASED
“Y” WILL BE JAILED
IF “Y” GIVES EVIDENCE
“Y” WILL BE RELEASED
“X” WILL BE JAILED
IF BOTH GIVE EVIDENCE
BOTH WILL BE JAILED
IF BOTH DON’T GIVE
EVIDENCE
BOTH WILL BE RELEASED
SHANTILAL
HAJERI

57. W.A.T.C.H.
 WATCH YOUR
THOUGHTS BECAUSE
THEY BECOME YOUR
WORDS.
WATCH YOUR WORDS
BECAUSE THEY BECOME
YOUR ACTIONS.
WATCH YOUR ACTIONS
BECAUSE THEY BECOME
YOUR HABITS.
WATCH YOUR HABITS
BECAUSE THEY BECOME
YOUR CHARACTER
SHANTILAL
HAJERI

58. W.A.T.C.H.
•WATCH YOUR WORDS
•WATCH YOUR ACTION
•WATCH YOUR THOUGHTS
•WATCH YOUR CHARACTER.
•WATCH YOUR HABITS
SHANTILAL
HAJERI

59. GIGO Vs. BIBO
 GIGO= GARBAGE IN
GARBAGE OUT.
GOOD IDEAS IN GOOD
IDEAS OUT
BAD IDEAS IN BAD IDEAS
OUT.
THE QUALITY OF LIFE IS
DIRECTLY PROPORTIONAL
TO THE QUALITY OF
THOUGHTS
SHANTILAL
HAJERI

60. PRIORITISATION
1. IMPORTANT
AND URGENT
2. IMPORTANT
BUT NOT URGENT.
3. NOT IMPORTANT
BUT URGENT.
4. NOT IMPORTANT
AND NOT URGENT.
1. DO IT NOW
2. PLAN FOR IT
3. DELEGATE
4. FORGET
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HAJERI

61. NEGOTIATION SKILLS.
1. I WIN YOU WIN
2. I LOSE YOU WIN
3. I WIN YOU LOSE
4. I LOSE YOU LOSE
To be successful in
life one should aim
for Win-Win situation.
SHANTILAL
HAJERI

62. ATTITUDE.
1. I AM OK
YOU ARE O.K.
2. I AM O.K.
YOU ARE NOT O.K.
3. I AM NOT O.K.
YOU ARE O.K.
4. I AM NOT O.K.
YOU ARE NOT O.K.
Aim for
I am OK You are OK
SHANTILAL
HAJERI

63. PLANNING AND ACTION.
1. PLANS AND ACTS.
2. ACTS BUT DOES NOT PLAN
3. PLANS BUT DOES NOT ACT
4. DOES NOT PLAN
AND DOES NOT ACT
PLANNING WITHOUT ACTION IS
A DAY DREAM.
ACTION WITHOUT PLANNING IS
A BAD DREAM.
NO BODY PLANS TO FAIL ONLY
THEY FAIL TO PLAN
SHANTILAL
HAJERI

64. WORDS AND DEEDS
1 ACTS BUT
DOES NOT SPEAK
2 SPEAKS AND ACTS
3 SPEAKS BUT
DOES NOT ACT
4 DOES NOT SPEAK
AND DOES NOT ACT
DO WHAT YOU SAY
SAY WHAT YOU DO.
SHANTILAL
HAJERI

65. WHO IS A SUCCESSFUL
MANAGER?
1.CAN DO HIS WORK
CAN GET WORK DONE.
2.CAN’T DO HIS WORK,
CAN GET WORK DONE.
3.CAN DO HIS WORK
CAN’T GET WORK DONE.
4.CAN’T DO HIS WORK,
CAN’T GET WORK DONE.
Mast, Chust, Vyast, Sust
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HAJERI

66. HOPE
 HOPE FOR THE BEST
BUT PREPARE FOR THE
WORST.
WINNER NEVER QUITS
AND QUITTER NEVER
WINS
A WINNER BECOMES
SUKHIRAM AND A
QUITTER BECOMES
DUKHIRAM.
DESRVE BEFORE YOU
DESIRE
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HAJERI

67. KFP Vs BFP
 K.F.P.= KYA FARAK
PADTA?
B.F.P. = BAHUT FARAK
PADRA.
ON SILLY MATTERS WE
SHOULD ADOPT KFP
POLICY
ON IMPORTANT
MATTERS WE SHOULD
ADOPT BFP POLICY.
SHUN “CHALTA HAI”
ATTITUDE.
SHANTILAL
HAJERI

68. YOU ARE THE ARCHITECT OF
YOUR OWN LIFE.
 YOU ALONE ARE
RESPONSIBLE FOR YOUR
SUCCESS OR FAILURE.
DON’T BLAME OTHERS
FOR YOUR FAILURES.
INTROSPECT
IF YOU DECIDE TO BE
HAPPY NO POWER ON
EARTH CAN MAKE YOU
UNHAPPY.
LIFE IS WHAT YOU MAKE
OF IT.
 Do not compare
SHANTILAL
HAJERI

69. PROBLEM SOLVING
 EVERY PROBLEM HAS A
SOLUTION, IT IS YOUR
RESPONSIBILITY TO FIND
IT.
IF THERE IS NO
SOLUTION THEN IT IS NOT
A PROBLEM, IT IS A FACT.
EVERY PROBLEM IS
ABSENCE OF IDEAS. SAY
“ I WILL TRY” .
DEVELOP YOUR POWER
OF IMAGINATION &
INNOVATION.
SHANTILAL
HAJERI

70. Efficiency Vs Effectiveness
Efficiency
Maximise the output and minimize the
input.
Quantity and Quality of output Up
Cost of input Down
Efficiency: Student is good at studies
Effectiveness: He scores good marks.
Efficiency is intrinsic
Effectiveness:: Judged by others.
Being efficient is one thing, looking
efficient is another.
People who look efficient become
more successful than those who are
efficient.
You are not what you are but what
others think you to be.
SHANTILAL V HAJERI 70

71. Efficiency Vs Effectiveness
Effectiveness =
Efficiency X Results.
Efficiency : Doing things rightly
Effectiveness : Doing Right
things rightly at right time.
There are four groups of
people involved in an
organization. Viz. Owners,
Employees, Creditors and
customers.
A catalyst entrepreneur aims
at satisfying all the people
SHANTILAL V HAJERI 71

72. Learn from Experience
An Entrepreneur has to learn
from his experience.
He has to study the
performance and analyse the
causes and mistakes committed.
Avoid those mistakes in future.
Learn from your mistake.
Learning by doing method.
Experience is what you get
when you do not get what you
want.
There is no substitute for
experience.
Remember! You are the
architect of your success
SHANTILAL
HAJERI

73. Framing policies
1. Frame policies for purchasing of RM,
Storing and issuing of RM,
manufacturing process, marketing
etc.
2. Prescribe procedure for
implementing these policies.
3. Have a system of inspection/surprise
checks to find whether the procedure
is followed.
4. Have a system of rectifying the
irregularities pointed in inspection
reports.
5. Have a system of rewards for good
performers and punishment for
inefficient employees.
6. Review the policy once in a year and
make the necessary amendments.
7. Institute a performance trophy for the
employees.
8. Give weightage in performance
appraisal.
9. Train the staff once in a year
SHANTILAL
HAJERI

74. ENTREPRENEUR
E: Enthusiastic
N: Negotiation Skill
T: Tactful
R: Realistic
E: Energetic
P: Passionate
R: Risk Taker
E: Experimenter
N: Net-worker
E: Efficient
U: Uncertainty Bearer
R: Resource Mobiliser
SHANTILAL
HAJERI

75. All is Well
Happiness lies along
the road and not at
the end of the
journey.
Entrepreneurship is a
Journey not a
destination.
“Wish you success in
your
Entrepreneural
Journey.”
SHANTILAL
HAJERI