Entrepreneurs build societies, cities , countries and not just businesses. For a successful community enterprise is the most important. Individual with capabilities & risk taking abilities should expand their horizon by becoming entrepreneurs & should avoid the easy way out by doing the routine or standing in line for a job. To be sure that you are the one ? You have to discover yourself in light of requirements for becoming a successful ENTREPRENEUR .....CHECK WHAT YOU NEED & WHY !

1.  www.twitter.com/devbajpai
 http://devbajpai.blogspot.in
 http://www.slideshare.net/devendubajpai
Devendu Bajpai - www.twitter.com/devbajpai

2. A DISCOVERY WITHIN
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3. E NTREPRENEUR
?
ONE WHO LISTENS TO ONE WHO TAKES
HIS HEART CALCULATED RISKS
ONE WHO REALISES ONE WHO CREATES
HIS ASPIRATIONS VALUE
Devendu Bajpai - www.twitter.com/devbajpai

4. WHAT ENTREPRENEURS DO ?
THEY CREATE & SOME DEFINE THEIR
GROW A VENTURE LIVES
SOME CHANGE THEIR
SOME CHANGE THE
COUNTRIES /
WORLD
COMMUNITIES
Devendu Bajpai - www.twitter.com/devbajpai

5. • In 1892 , 84% of Americas 4,047 millionaires
were entrepreneurs and now 7 million have
incomes > $ 100k and 4 million Millionaires
• 86% entrepreneurs have accumulated wealth
in one generation, thus only 14 % inherited
their wealth.
• In 2002-03 US businesses with < 500
employees gained 2 million jobs, while ones
with > 500 employees lost $ 100k jobs.
• In 2002-03 US reported highest ever growth in
self employment of 5.7 %
Devendu Bajpai - www.twitter.com/devbajpai

6.  60% of new jobs are created in small
enterprises
 65% of inventions come from small
enterprises
 69% of Fortune 500 companies started
with <50k $
 54% of Fortune 500 companies were
started from home
 50% of Fortune 500 companies were non
technical startups
Contd….
Devendu Bajpai - www.twitter.com/devbajpai

7.  ENTREPRENEURSHIP DRIVES
ECONOMIC GROWTH & PROSPERITY – A
STRONG CORELATION
A) ENTERPRISES / SMALL BUSINESSES CREATE JOBS
FASTER THAN LARGE COMPANIES – EMPLOYS ¾ OF
THE US EMPLOYEES AND FORMS 1/3RD OF THE US
GDP
B) DEVELOPS NEW PRODUCTS & SERVICES MORE
FREQUENTLY
C) CHANGES & INNOVATES PROCESSES FASTER
 APPROXIMATELY 6.5 LACS
ENTERPRISES START EVERY YEAR
 CHANCES OF SMALL ENTERPRISES
BECOMING BIG COMPANIES 900:1
Devendu Bajpai - www.twitter.com/devbajpai

8.  ODD / LONG WORKING HOURS
 INCREASED STRESS
 MARRIAGE / RELATIONSHIP
 FINANCIAL
 LEGAL / LAWSUITS
 LUCK / CHANCE - ‘Is the matter of preparation
meeting opportunity’ - Oprah Winfrey, TV talk
show host , producer & founder of Harpo
Production.
 FAILURE - Approximately 50% new
ventures fail in the first year itself.
Devendu Bajpai - www.twitter.com/devbajpai

9. READY
ARE YOU
?
Devendu Bajpai - www.twitter.com/devbajpai

10.  SELF CONFIDENCE – risk taking,
independent
 SELF MOTIVATION – optimistic, self starting
 SELF REALISATION – finds passion & loves it
 INNOVATION – creative, intuitive, specialised
 LEADERSHIP – persuasive, decisive
 PERSISTENSE – determined, hard working
 PRO-ACTIVENESS – flexible, emotionally
controlled
 TIME MANAGEMENT - alert, orgainsed
Devendu Bajpai - www.twitter.com/devbajpai

11. PLEASE REMEMBER ,
- IT’S A PERSONAL JOURNEY
- THERE ARE NO RIGHT OR WRONG
ANSWERS
 APPRAISE YOUR PERSONAL SKILLS &
EDUCATION
 EVALUATE YOUR DECISION MAKING
ABILITIES
 INCREASE YOUR BUSINESS
KNOWLEDGE
 IDENTIFY YOU ENTREPRENEURIAL
Devendu Bajpai - www.twitter.com/devbajpai

12.  TRAINING CLASSES
 JOIN INDUSTRY GROUPS
 JOIN NETWORKING GROUPS
 NETWORK
 JOIN CEO ROUND TABLES /
MENTORING SESSIONS
 READ RELATED BOOKS & MAGAZINES
 FIND A MENTOR OR ADVISOR
 USE A COACH
Devendu Bajpai - www.twitter.com/devbajpai

13.  LACK OF EXPERIENCE
 INSUFFICIENT CAPITAL
 POOR LOCATION
 OVER INVESTMENT IN FIXED ASSETS
 PERSONAL USE OF BUSINESS FUNDS
 POOR CREDIT ARRANGEMENTS
 POOR INVENTORY MANAGEMENT
 COMPETITION
 LOW SALES & UNEXPECTED GROWTH
Devendu Bajpai - www.twitter.com/devbajpai

14.  PERSONAL MISSION STATEMENT
 TIME MANAGEMENT MATRIX
Devendu Bajpai - www.twitter.com/devbajpai

15. ACTIVITIES TYPE CONTRIBUTION RESULTS
FAMILY
FRIENDS
WORK
SOCIAL
ACTIVITIES
GET YOUR PRIORITIES RIGHT !

16. URGENT NOT URGENT
NECESSITY QUALITY & PERSONAL
IMPORTANT GROWTH
MANAGE FOCUS
DECEPTION WASTE
NOT -
IMPORTANT AVOID AVOID
Devendu Bajpai - www.twitter.com/devbajpai

17.  ENTREPRENEURSHIP & MSME PROMOTION
SCHEMES BY CENTRAL & STATE
GOVERNMENTS
 SPECIAL SCHEMES FOR WOMEN, YOUNG & SC
/ST ENTREPRENEURS
 ENTREPRENEURSHIP PROMOTION BY
EDUCATIONAL INSTITUTIONS THROUGH E-Cells,
E-Mentoring, E-Funding etc.
 TECHNOLOGY INCUBATION CENTERS
 DEDICATED ENTERPRENEUR & TECHNOLOGY
INDUSTRIAL PARKS
 VENDOR DEVELOPMENT PROGRAMS OF
LARGE INDUSTRIES IN AUTOMOTIVE &
Devendu Bajpai - www.twitter.com/devbajpai

18.  DEFERRED PLACEMENT PROGRAM (DPP) BY IIT
KHARAGPUR, MUMBAI & BANGALORE (2012)
 TECHNOLOGY INCUBATION & DEVELOPMENT
OF ENTREPRENEURS (TIDE) FOR
ELECTRONICS & ICT BY GOI
 OFFSHORE ENTREPRISES IN SILICONE VALLEY
TO OVERCOME VISA & WORK PERMIT ISSUES.
BLUESEED BASED OUT OF SUNNYVALE WILL
BE LAUNCHING ITS FIRST VESSEL BY 2013.
Devendu Bajpai - www.twitter.com/devbajpai

19.  NEW / UNIQUE BUSINESS MODEL / IDEA
 NEW / UNIQUE PRODUCT / TECHNOLOGY
 FRANCHISING – EDUCATION, F&B, RETAIL ETC.
 PROCESS / WORK OURSOURCING – TIER 2/3
SUPPLIER TO AUTOMOTIVE / ENGINEERING /
RETAIL / F&B / TOURISM INDUSTRIES
 SERVICE PROVISION TO SMEs IN – HR,
TRAINING, EDP, MARKETING, QA, TESTING,
TRAVEL & LOGISTICS FUNCTIONS.
 SMEs RELATED TO TOURISM, CONSTRUCTION,
MAINTAINANCE, SERVICING ETC.
 OPPORTUNITIES IN GOVT & PSU
PROCUREMENT Devendu Bajpai - www.twitter.com/devbajpai

20.  MINISTRY OF MSME, GOVT OF INDIA –
http://msme.gov.in/msme_ministry_schemes.htm
 RAJEEV GANDHI UDYAMI MITRA YOJNA
(RGUMY), MINISTY OF MSME, GOI -
http://rgumy.nic.in/
 DEPARTMENT OF MSME, GOVT OF TAMILNADU-
http://www.msmeonline.tn.gov.in/faqtamil1.pdf
 NATIONAL SMALL INDUSTRIES CORPORATION
(NSIC)-http://msme.gov.in/msme_nsic_schemes.htm
 KHADI & VILLAGE INDUSTRIES COMMISION
(KVIC)- http://www.kvic.org.in/v4/SCHEMES.asp
 TIDE - http://www.mit.gov.in/content/technology-
incubation-and-development-entrepreneurs
Devendu Bajpai - www.twitter.com/devbajpai

21. Q
&
A
Devendu Bajpai - www.twitter.com/devbajpai