ENTREPRENEURSHIP

AN INTRODUCTION
A Story of Two Friends
Deekshith Rai
Praveen Castelino

Working for 4 years in Robosoft

Technologies.
Stressful jobs, no adequate
recognition / reward.
 Decided to launch a tech-startup,
with minimum capital.
Company started functioning from
Deekshiths residence.
Faced a lot of problems initially.
The partners even considered closing
down the venture.
 Success Stories
H2O Polo

Quick Lapse

Fansprectrum
Entrepreneur Origin of the
term

ENTREPRENDRE
(19TH C. FRENCH WORD):

means somebody who undertakes.

 Definition An entrepreneur is
of an someone who sets up a
business or businesses,
Entreprene taking on financial risks in
ur the hope of profit.

(Oxford Dictionaries
definition)
 Sees opportunities and
builds a business
An Brings change through
Entrepreneur is
one who innovation and new ideas

Takes risks

Creates employment

Plays a key role in any

economy
 Innovating and finding
Successful market gaps for new
entreprene products and services.
urs are
known for
Routes to
Entrepreneur
ship
 Disciplined
Confidence
Open Minded
Qualities of a Self Starter
Successful Competitive
Entrepreneur Creativity
Determination
Strong people skills
Strong work ethic
Passion
 Profit
Why be an
Entrepreneur? Independence

Quality of Life
 Lack of managerial and financial abilities
Fail to adapt to competitive environment
A broad based study found the following:
32% inadequate research and development
Causes of failure 23% lacked competitive advantage
14% uncontrolled costs
in 13% poorly developed marketing strategies
Entrepreneurship 10% poor market timing
8% succumbed to competitor activities
 Finance

Marketing
Management in
Entrepreneurship Human Resource

General Management
 Entrepreneurship today is not

about finding a BIG idea but more

Closing Thoughts
about how to make your idea BIG