Entrepreneurial Skills

I.T. (402)   Part- A   Unit IV

Entrepreneurial Skills

An Entrepreneur is a person who establishes a business or a venture that generates some value to the customer and proves to be profitable for him. An Enterpreneur starts a business with an eye on what he identifies as an unmet need in the market and works to fulfil. A business venture needs to have a novel element or process to make it acceptable and thriving in the market.

Enterpreneuship :-

Enterpreneuship can be described as starting a business by using the resources available to a person. There is a direct relationship between entrepreneurship and society. An entrepreneur needs a society to establish a business and at the same time, society cannot function without the presence of entrepreneurs .

In India , Bhavish aggarwal of Ola Cabs , Binny Bansal of Flipkart, and Deep Kalra of MakeMyTrip have been innovative entrepreneurs. They identified the changing needs of the time and came up with innovative ideas that soon earned customers and grew successful businesses.

Bhavish Aggarwal 

Binny Bansal

Deep Kalra

Qualities of A Successful Entrepreneurs

1. Passion
2. Motivation
3. Vision
4. Creativity
5. Self-Starter
6. Open-Minded
7. Risk-Taker
8. Confidence
9. Competitive
10. Disciplined
11. Strong Work Ethics
12. Determination 
13. Strong People Skills
14. Optimism
    
    Main Functions of An Entrepreneur:-

1.