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Entrepreneurship Development - AISSMS POLYTECHNIC

Entrepreneur (People) a person who sets up a business or businesses, taking on financial risks in the hope of profit. Know More Entrepreneurship as a Career by Mr. Vishal Shetkar from AISSMS Polytechnic College.

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Entrepreneurship Development - AISSMS POLYTECHNIC

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  1. Entrepreneurship Development – Concept Mr. Vishal Shetkar Lecturer Information Technology

  2. Entrepreneurship as a Career Entrepreneur (People) a person who sets up a business or businesses, taking on financial risks in the hope of profit. Entrepreneurship(Process) The activity of setting up a business or businesses, taking on financial risks in the hope of profit. Entreprise (Output) An enterprise is a project, a willingness to take on a new project, an undertaking or business venture. Definitions Howard W. Johnson “Entrepreneurship is a composite of these basic element invention, innovation and adaptation.” Rao and Mehta “Entrepreneurship can be described as creative and innovative response to the environment.”

  3. Traits of Entrepreneur • Consistency • Creativity • Initiative • Independent Decision Making • Assertiveness • Persuasion • Persistence • Business Communication • Risk Taking the action or fact of persuading someone or of being persuaded to do or believe something. firm or obstinate continuance in a course of action in spite of difficulty or opposition

  4. Who is Entrepreneur

  5. Types of Entrepreneur Clarence Danhof Classification(1949) 1. Innovative Entrepreneurs 2. Imitative(Adoptive) Entrepreneurs 3. Fabian Entrepreneurs 4. Drone Entrepreneurs

  6. Classification of Entrepreneur Growth ● ● Motivation ● Pure ● Induced ● Motivated ● Spontaneous Use of Technology ● Technical Entrepreneur ● Non-technical Entrepreneur ● Professional Entrepreneur Types of Business ● Business Entrepreneur ● Trading Entrepreneur ● Industrial Entrepreneur ● Corporate Entrepreneur ● Agricultural Entrepreneur Growth Entrepreneur Super Growth Entrepreneur Types of Enterprise ● Micro-Scale Entrepreneur ● Small-Scale Entrepreneur ● Medium-Scale Entrepreneur Area ● ● Ownership ● Private Entrepreneur ● State Entrepreneur ● Joint Entrepreneur ● Co-operative Entrepreneur Gender ● ● Urban Entrepreneur Rural Entrepreneur Male Entrepreneur Female Entrepreneur

  7. Difference between Service, Trading, & Manufacturing Trading Entreprise Manufacturing Entreprise Service Entreprise Goods are Purchases & Sold without Further Raw materials are purchased and converted An Organization which Provides Services Processing. into a new final product for sales. to others as an occupation or business. The major business process of Trading concerns The major business processes of manufacturing The major business process of a service are Procurements & Sales. concerns are procurement, production and organisation is to provide service at the sales. point of consumption by the customers. The time required from procurement to sales will The time required from procurement to sales will There is no Procurements of Products be relatively less for trading Organisation. be relatively more for manufacturing involved for service organisation. organisations since the manufacture requires conversion time for processing the goods. The Cost of Goods sold for the trader=(opening The cost of goods sold for the The cost of services provided depends on trading goods + purchases of trading goods – manufacturer=(opening finishing goods + cost of the demand for such a service as there is closing trading goods). goods manufactured – closing finished goods). no inventory.

  8. Steps to Start a Small Business

  9. Get In Touch Thank You…! Get in Touch AISSMS Polytechnic Kennedy Road, Near R.T.O., Pune - 411 001, Maharashtra (INDIA)

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