IX_C FINAL PPT ENTREPRENEURSHIP and it will be final

IX_C FINAL PPT ENTREPRENEURSHIP and it will be final

• 1.
  ENTREPRENEUR SKILLS
• 2.
  Table of Contents
• 3.
  What is entrepreneurship
• 4.
  ENTREPRENEURSHIP In Class 9,entrepreneurship is defined as the process of developing a business plan, launching, and running a new business using innovation to meet customer needs and make a profit. It involves identifying opportunities, taking risks, and managing resources to create a new business venture, often called an enterprise. The individual who starts and runs this business is known as an entrepreneur.
• 5.
  Role of Entrepreneurship
• 6.
  Economic roles •Job creation: Entrepreneurshire people, providing employment opportunities across various sectors. •Economic growth: They contribute to the Gross Domestic Product (GDP) and per capita income through new businesses and increased economic activity.
• 7.
  •Capital formation: They mobilizeidle savings by investing in new ventures, promoting capital formation within the country. •Export generation: They can create goods and services that are exported, leading to foreign exchange earnings
• 8.
  Qualities of a successful entrapreneur
• 9.
  Qualities of asuccessful entrepreneur Patience: Entrepreneurs need to be patient in managing their business and waiting for results. Positivity: Maintaining a positive mindset helps them face risks and challenges effectively. Hardworking: Consistent hard work is vital for achieving business goals. Confidence: Successful entrepreneurs confidently make decisions regarding their business.
• 10.
  DISTINGUISHING CHARACTERISTICS OF ENTREPRENEURSHIP AND WAGE EMPLYEMENT
• 11.
  DISTINGGUISHING CHARACTERISTICS OFENTREPRENEURSHIP AND WAGE EMPLOYEMENTt Risk and Responsibility: Entrepreneurship involves taking calculated risks to start and run a business, bearing financial and operational responsibilities. Wage employment offers more job security with fixed income and fewer financial risks, as employees work under employers. Control and Decision-Making: Entrepreneurs have full control over business decisions, vision, and operations. Employees follow instructions and contribute to tasks assigned by the employer without control over business direction.
• 12.
  Earnings and Rewards: Entrepreneurshave the potential for higher profits based on business success but face uncertain income. Wage employees receive a fixed salary or wage with predictable income. Innovation and Creativity: Entrepreneurship requires innovation, creativity, and problem-solving to meet market needs. Wage employment typically involves performing specific job roles with less emphasis on innovation.
• 13.
  BUSINESS ACTIVITIES AND ITS TYPES
• 14.
  Business Activities andits types l Business activities, based on entrepreneurship skills, are generally categorized into three main types: product business, service business, and hybrid business PRODUCT BUISNESS SERVICE BUISNESS HYBRID BUISNESS
• 15.
  Growth Strategy
• 16.
  Growth Strategy JAN FEBMAR MAY JUN JUL AUG SEP OCT NOV DEC APR PLANNING Employees DEVELOPMENT TESTING LAUNCH Key milestones
• 17.
  Our Team
• 18.
  JOSTIN LEWIS NIHAN ANTONYDSOUZA SAHEARSH