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ENTREPRENEURSHIP

-WHAT IT TAKES
MADE IN NIGERIA

LINDA IKEJI

PRESENTED BY: JIDE AOGO

WHO IS AN ENTREPRENEUR
Derived from French
word Entreprendre
Peter F Drucker:
One who considers
the changes that take
place in market as an
opportunity to do
business

WHO IS AN ENTREPRENEUR
Joseph
Schwnpeter :

Individuals who
introduce
something NEW in
the market or
economy

WHO IS AN ENTREPRENEUR
New
encyclopaedia:
An individual who
bears the risk of
operating business
in the face of
uncertainty about
the future
conditions

ENTREPRENEURSHIP IS
ABOUT
Opportunity
identification
Ideas generation
Risk taking
(Calculated risk)

ENTREPRENEURSHIP IS
ABOUT
Wealth creation
MONEY : Cash flow
and Profitability

ENTREPRENEURSHIP IS
ABOUT
Discipline
Growth and sustainability
Falling and rising

ENTREPRENEURS ARE BORN NOT MADE ?

YES OR NO

ENTREPRENEURS ARE BORN OR MADE ?


There is an entrepreneur side of every human
being
On a daily basis we are consciously or
unconsciously doing either, some or all of these;

Conceptualizing
Selling
Buying
Negotiating.

.
Conceptualizing, selling, buying and
negotiating are all rudiments of
business therefore if we do any of
these every now and then, we may
not be wrong to simply say that by
nature every man or woman has
business basics in him or her.

IT IS IN YOU !

IT IS IN YOU
Entrepreneurship is in everybody
In some people the entrepreneur side or
what may be referred to as an
entrepreneurial spirit or nature must be
carefully unlocked or positively energized
to manifest entrepreneurship.
One of the objectives of this seminar is to
unlock and energize the entrepreneurial
nature of everyone in attendance today.

WHAT DOES IT TAKE TO SUCCEED


AS AN ENTREPRENEUR ?

WHAT IT TAKES
Right attitude
Right habits
Skills and tools

WHAT IT TAKES
1

Determination,
Self discipline and Tenacity

WHAT IT TAKES
2

Creative thinking
- Ideas
- Initiative
- Innovation

WHAT IT TAKES
3

Leadership skill
o Passion
o Vision and goal setting
o High expectation from the business
and employees
o Good listener

WHAT IT TAKES
4

People oriented
-Human Resources Managem
-Relationship Management
-Networking

WHAT IT TAKES
5

Integrity and Transparency


o
o
o
o

Be honest to yourself
Take responsibility for your actions
Keep to commitment
Respect agreement

WHAT IT TAKES
6

Smart Negotiator
- Apart from your faith, everything c
be negotiated
- Plan for negotiation
- Win win thinking
- Dont have take it or leave it appro

WHAT IT TAKES
6

Administrative
Excellence
and
Financial
o Effective filing and record keeping
Intelligence
system

o Care about financial implication of


every decision on cashflow, profit
and balance sheet
o Understand that cash is the blood of

WHAT IT TAKES
7

Personal
Effectiveness
o Time Management
o Energy Management
o Personal development