Entrepreneurship Innovator, risk - taker, decision makers, people - - PowerPoint PPT Presentation
Entrepreneurship Innovator, risk - taker, decision makers, people with vision If you cannot find it, make it. Is there an entrepreneur within you ? Occupational Basis Sell the skills as a labor Be self-employed Be an
“Innovator, risk-taker, decision makers, people with vision” “If you cannot find it, make it.” Is there an entrepreneur within you ?
?
building of society
Or Conscious Search for Knowledge
Or Sub-conscious Assimilation of Information
Recognition of Idea as being feasible
& Validation Or Test to Prove that the idea has a value
Germination
P R O D U C T I O N
Bread delivered to Customers Flour converted to Bread Grain converted to flower Grain in warehouse
Grain in field
Behaving like an Entrepreneur while working inside an organization. “Dreamers who take on responsibility for innovation of any kind within the business. A person who not only generates ideas, but also takes the responsibility of turning the idea into profitable finished products or services, given the resources from the organization.”
for example, TV Towers
“Is Management the new labour? “
You have started a new company, only 15 months old. You have 50 employees working with you. You own 100% of the company. You have bagged some customers, and yours is a high tech product just getting acceptance in the market. You had 30 days production cost as bank borrowing . Because of delay in payment from customers you are left only with 15 days cash. Yt ou are looking for cash in the market. One of your buyers have told you that he is ready to buy your plant ( after retrenching employees by you ) at 50% of your costs.
As an enterprenuer, what are your
situation? Your personal assets are already mortgaged with bank for loans taken to set up the Plant.