MANDAR EDUCATION SOCIETYS

Characteristics of Successful Entrepreneurs

Managerial Process Skills
Submitted to: Prof. Swati Darekar Submitted from: Mr.Bhushan Bari Presentation Topic:

YEAR-2010-11

INTRODUCTION OF ENTREPRENEUR
Entrepreneur is a person who has possession of a

new enterprise, venture, idea and is accountable for inherent risk and outcome A person who is willing to launch a new venture or enterprise and accept full responsibility for the outcomes. Leads the firm or Organization Demonstrates leadership qualities by selecting managerial staff Management skill, strong team building abilities & leadership attributes are essential.

INTRODUCTION
Emerge from the population on demand

Become leaders because

They perceive opportunities is available Behaviour is dependent on social and economic factors Empirical studies suggest that women entrepreneurs

possess strong negotiating skills and consensusforming abilities.

TYPES OF ENTREPRENEUR

SOCIAL ENTREPRENEUR SERIAL ENTREPRENEUR LIFESTYLE ENTREPRENEUR

CHARACTERISTICS OF SUCCESSFUL ENTREPRENEURS

1. Do what you enjoy. 2. Take what you do seriously. 3. Plan everything 4. Manage money wisely. 5. Ask for the sale. (promotion)

6. Remember it's all about the customer.

7. Become a shameless self-promoter 8. Project a positive business image. 9. Get to know your customers. 10. Level the playing field with technology. 11. Build a top-notch business team. 12. Become known as an expert.

CHARACTERISTICS OF SUCCESSFUL ENTREPRENEURS

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13.

Create a competitive advantage. Invest in yourself. (knowledge upgrade) Be accessible. ( Quick service- Dominoz pizza) Build a rock-solid reputation. Sell benefits. Get involved. Grab attention. Master the art of negotiations. Design Your workspace for success. Get and stay organized. Take time off. ( no time limit) Limit the number of hats you wear. Follow-up constantly.

10 SECRETS OF SUCCESSFUL
ENTREPRENEURS
1. Think success. 2. Be passionate with what you do. 3. Focus on your strengths. 4. Never consider the possibility of failure. 5. Plan accordingly. 6. Work hard! 7. Constantly Look for Ways to Network. 8. Willingness to Learn. 9. Persevere and have faith. 10. Discipline yourself

10 Most Successful Entrepreneurs In India

Ratan Naval Tata Azim H. Premji Indu Jain Sunnil Mital Mukesh Ambani Lakshmi Mittal Anil Ambani Rahul Bajaj Kulam M. Birla Kundapur Kamath-

Tata group Wipro The Times Of India Bharati Airtel Reliance Ind. Ltd. Steel King Reliance Ind. Ltd. Bajaj Group Aditya Birla Group CEO of ICICI Bank

Successful women entrepreneurs in India

Priyanka Malhotra-

Cafe operator
Bhawana Kakkar-

Art gallery, Fashion Designer, Magzine Manju Bharatram Social Enterpreneur Rajashree BirlaAditya Birla center for Community & Rural Devlopment. Shruti Hotel Industry