2. Entrepreneur work comes form FRENCH origin
meaning “ to undertake”
Entrepreneur take initiation for profits
Entrepreneur
Brand Business
Trademark
3. Entrepreneur
An entrepreneur is a person who searches
for changes and responds to it by
starting a enterprise.
Who setup a business or a set of business
for taking financial risk in the hope of
profits.
An entrepreneur introduce new idea,
carries new activities, co-ordinates the
factor of production and describes now
business should run.
Entrepreneur
(Person)
Entrepreneurship
(Process)
Enterprise
(Outcome)
4. MANAGER
A manager is one who deals with day to day affair of a going concern and
operates in a existing enterprise.
A manager used entrepreneur skill in order to manage changes and
innovation of effectively deals with uncertain external environment of
business.
INTRAPRENEUR
A intrapreneur is an entrepreneur with in an already established
organization. This term is used to represent the new breed of co-
operate entrepreneur, we can also call as internal entrepreneur.
They are creative and innovative people working with in the framework of
organization
How entrepreneur is differ form manager and
intrapreneur
5. DIFFERENCE BETWEEN ENTERPRENEUR AND MANAGER
S.N
.
ENTREPRENEUR MANAGER
1 Set up a new venture Only runs an existing unit
2 Entrepreneur is another name of
innovation who work to find new
method & products etc.
An employee of business
organization. He cannot operate
independently
3 He takes calculated risks and he is
responsible for failure and financial
He takes less risks as compare to
entrepreneur
4 He starts & run his venture
independently. He self employed &
he is own BOSS
He cannot be an innovator. He
deals with the day to day affairs of
going concern.
5 He is motivated by profits and he
may even suffer loss.
He is motivated by rewards or
incentive. His salary cannot be
negative.
6. Entrepreneurship
The activities one by an entrepreneur for setting up a
business or set of business, taking on financial calculated
risk in the hope of profits
ENTERPRENEURSHIP
ACTIVITY
PERFORM BY
ENTERPRENEUR
CREATIVITY THOUGHT
PROCESS
Entrepreneur give some idea or transformational information that boost the business
to the next level
7. WHY ENTERPRENEURSHIP..?/ Rewards of
Entrepreneurship
Being your own boss
Doing something you enjoy
Being creative
Setting your own schedule
Having job security
Making more money
Being recognized in the community
Work satisfaction
8. Characteristic of an entrepreneur
ENTREPRENEUR
Self starter
Determination
Creative
Self confidence
Discipline
Passion
Action oriented
leadership
Endless curiosity
Risk taking
Winning
performance
Goal oriented
Open minded
competitive
Visionary
9. Key point that only important for an
entrepreneur
CREATIVTY INNOVATION
Ability to make
something new
Moving from known
to Unknown
It should be based on
future disruptive
projection
State of mind that
come change 100%
11. FUTURE DISRUPTIVE PROJECTION eg. 1
1900-1910
radio
1920- TV (PICTURE
RADIO)
CRT- Cathode ray
tube
CCRT- Color
cathode ray tube
PDP- plasma
display panel
OLED- Organic
light emitting diode
LED- Light
emitting diode
LCD- Liquid
crystal display
12. FUTURE DISRUPTIVE PROJECTION eg. 2
1940-60 Telephone
Trunk call
Radio common
carrier
Rotatory dial
telephone
Fixed analog phone
Portable cordless
phone
1990 mobile phone
2004 blackberry
add Email
2002 cemra phone
@ 0.3 mp
1996 phone with
watch/calender
2005 walkman
phone
13. Self discovery (Strength/ weakness)
Generating & evaluating idea (experiences/discussion) SWOT analysis
Identify opportunities (need/ want)
Growth (Expansion of business)
Planning (Research/Plan/Strategies)
Starting up Capital (required capital)
Start-up (Lunching)
Harvest (advantage of all above )
PROCESS OF ENTERPRENEURSHIP
14. Life line of the nation
Provide innovation
Growth of economy
Increase profits
Employment opportunity
IMPORTANCE OF ENTREPRENEURSHIP
15. Life line of the nation
An enterprise
manufacturing
the product
Product in
market/
selling/earning
Produced taxes
Generate
revenue
Developed
economy/ nation
grow
16. Provide innovation
Ability to be
creative
Ability to spot the
opportunities
Innovation
Invention
SUCCESSFUL DEVELOPMENT
OF ENTERPRISE
17. Entrepreneur
Developed their own
business and earn high profit
•No fixed money
•No earning limit
Serviceman
Work with in an organization
•Fixed money
•Earning limit
Increase Profits
19. REASON BEHIND SUCCESS OF ANY BUSINESS
• Customer need is food for your growth factory
• Create pipeline of promising idea
• Pilot experimentation & validation
• Commercialization launch & Ramp up
• Improvement cycle
1. They focus on customer need
2. Not on technology, manpower, process,
facility
1. Team for encouraging to
ask/discussion
1. Pilot scale-up / small proto type test
2. Experiment/validate/reaction/ feed back
1. Implement on large scale
2. Create network/ distributor/partner/
dealers
3. Create supply chain
AGILITY STABILITY SUCCESS
Implement of concept of 5P
Price/People/Product/
Process/Promotional
20. Pharmaceutical entrepreneur
In the past decade and a half, two very different sectors of the
Indian economy have generated enormous wealth and thrown
up a record number of billionaires. One of these is the software
services industry and other, the pharmaceutical and healthcare
sector.
FIRM 2005-2015 2020 (EXPECTED)
Industry Moving up from $6 billion to
over $12 billion in revenues.
Expected to be $55
billion
Hospital - or
healthcare
$100 billion by the end of 2015 $280 billion by 2020.
21. In March this year, the phenomenal rise of the pharmaceutical sector in
India was hammered home when Dilip Shanghvi, the mild
mannered and low key founder of Sun Pharma, found himself in the
spotlight for having become the richest man in the country,
displacing Mukesh Ambani of Reliance Industries.
Singh brothers of the Fortis healthcare chain, who sold Pharma firm
Ranbaxy to Dilip Shanghvi.
The Reddy family of Dr Reddy's Laboratories,
Dr Prathap Reddy of Apollo Hospitals,
Deshbandhu Gupta of Lupin,
Y.K. Hamied of Cipla,
Cyrus Poonawala of Serum institute
Kiran Mazumdar-Shaw of Biocon,
23. COMPANY NAME FOUNDER COMPANY NAME
ALKEM
LABOLATORIES
Samprada Singh
AUROBINDO P.V. Ramaprasad Reddy
Biocon Kiran Mazumdar-Shaw
Serum institute Poonawala
24. Founder Jeff bezos
library online submit
1995
First Launch E.Com
platform for selling
book online
Founder (2007)
Sachin Bansal/ Binny
Bansal
Founder (2009)
Garrett Camp
Founder (2010)
Rohit Bansal / Kunal
Bahl
Out of box thinking
Traditional work + new
technology = innovation
Generate
employment
observed day to
day problem of
people
Simply change
the lifestyle
25. You never become a rich,
until you sell your time
You will,
when you buy the time