ENTREPRENEURSHIP
Entrepreneurship is a ship on a
voyage that has on board , innovative and creative men and women, who like to
do all those constructive things which no body could lay his/her hands on
before. They make a fortune out of ideas. Success goes to their heads and each
set back makes them bold enough to carve their future, aiming for
excellence. Entrepreneurship is the
freedom to do what one likes to do with all its attendant profits and risks. Entrepreneurship
is defined by results and not by attributes . It is a passion and all about
commercial risk. A true Entrepreneur uses not only his/her senses one two five
but six, seven, eight and nine. Six to nine do not really exist, but he/she
develops them through his/her exposure, experience, failures and following the
concept of listening to understanding.
Entrepreneurship has evolved through
the centuries and it has been viewed differently according to conditions
prevailing in the world economy. The new – age business ventures are more idea-
centric and just product-based . The key to success in business is not just
inheritance ; it’s a creation of more wealth and the constant innovation , from
the prevailing to the next best practices. Accordingly , a wide range of small
and mid-sized businesses have emerged and gained popularity with the affluent
middle class, determined to spend more as well as derived value out of every
rupees spent.
CONCEPT
OF ENTREPRENEUR
An
Entrepreneur is a person is responsible for setting up a business or an
enterprise . He has the initiative , skill for innovation and who looks for
high achievements. He is a catalytic agent of change and works for the good of
people. He puts up new green field projects that create wealth , opens up many
employment opportunities and leads to growth of other sectors.
Entrepreneur
is a person who :
- § Develops and owns his own enterprise.
- § Is a moderate risk taker and works under uncertainty for achieving the goal.
- § Is innovative.
- § Is a persuader of deviant persuits.
- § Reflects a strong urge to be independent.
- § Persistently tries to do something better.
- § Is dissatisfied with routine activities.
- § Is prepared to withstand the hard life.
- § Is determined but patient.
- § Exhibits a sense of leadership.
- § Exhibits a sense of competitiveness.
- § Takes personal responsibilities.
- § Is oriented towards the future.
- § Tends to persist in the face of adversity.
