Ritishaa Nair XE 20 Entrepreneurial Skills
Ritishaa Nair XE 20 Entrepreneurial Skills
SKILLS
(name) (class nd section)
(roll no.)
Introduction
An entrepreneur is a person
who makes their own business
in an innovative manner and
bears all the risk in the hope of
gaining much profit and
contributing to the economy of
the country.
Qualities of an Entrepreneur
Hard Working Energetic
A successful entrepreneur is An entrepreneur always needs to
always a hardworking person. be energetic as he is working for
He works with his true spirit as he his own startup. A good energy
knows that it is his work and level will help him to be fully
working hard quill benefit his dedicated to him dreams.
business
Self-Confident Optimistic
An entrepreneur is a self- Entrepreneurs take risks in term
confident person as he believes in of time and money. They put their
his own vision and abilities. dreams into action so they need
to be optimistic to see the
success of their dreams.
Functions of an Entrepreneur
MAKING MANAGIN DIVIDE TAKING CREATE
DECISIO G THE A NEW
BUSINESS INCOME RISK
NS METHOD,
IDEA OR
PRODUC
An An The
Risk is the T
An
entrepreneur entrepreneur entrepreneur
chance of entrepreneur is
makes plans the divides the
something always trying
decisions future of his or business
going wrong new things.
everyday. her business. money to many
groups.
This includes what He/she arranges for raw He/she spends An entrepreneur He/she does this to
to produce or sell, material, hires people for money to buy takes risks against increase their
how much and work and tells everyone material, pays rent fires, lost items and importance and
where to sell. what to do. They also of the building and theft. income.
check if the plan is being salaries to people.
followed.
Myths about Entrepreneurship
● The misconception is that every business idea needs
to be unique or special.
For example, Sanjana is For example, there are many For example, after five years,
starting a small grocery store other grocery stores in the Sanjana has opened a chain
in a locality. area. Yet, Sanjana’s store of four more grocery stores in
survives the competition and the same city. In the next two
does well. She also expands years, she plans to expand to
the store to two more floors. tow other cities.
Thank
You!