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UNIT 4

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8 views6 pages

UNIT 4

Uploaded by

vedant.ahuja0033
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Entrepreneurial

01

Skills

READERSVENUE.COM
INTRODUCTION
Entrepreneurship is the type of self-employment where one is running a business

to satisfy the needs of people and looking for ways to make the business better

to make profits.

Successful entrepreneurs have the following qualities.


• They are confident. They believe in themselves and their abilities.
• They keep trying new ideas in their business.
• They are patient.
• They are creative and think differently about business ideas.
• They take responsibility for their actions.
• They take decisions after thinking about them.
• They work hard.
• They do not give up when they face a difficulty
S e s si on 1 : Entr ep re ne ur ship and Soc ie ty
W hat d o e ntre p re ne urs d o w he n the y r u n t h e i r b u s i n e s s ?
Fulfil Customer Needs Use Local Materials
Help Society Create Jobs
Sharing of Wealth Lower Price of Products

Bharti, the Jewellery Queen

Bharti is a young woman from Bihar. Many girls in her area

like to wear earrings. She buys jute from a farmer and

makes earrings from that. Her business is called Manavi

Natural Handicrafts. She sees that most women in her

village do not work. So, she hires two women to help her.

As her orders increase, she buys more jute. She hires three

more women to work for her. The farmer, and the women

working for her now earn more money. They are able to

save money for their future.


S essi on 2: Qu alitie s an d Fun c t io ns o f an E nt re p r en e ur

@readers.venue
Session 3: Myths about Entrepreneurship

Misconception 1
The misconception is that every business idea needs to be unique or special.

Misconception 2
The misconception we have is that a person needs a lot of money to start a business.

Misconception 3
A misconception we have is that only a person having a big business is an entrepreneur.

Misconception 4
A misconception we have is that entrepreneurs are born, not made.
S e ss i o n 4 : En tr e p re n e ur sh i p a s a C a re e r Op ti o n
There are two ways a person can earn a living. They are
1. self-employment
2. wage employment

For example, a doctor who works for a hospital is a wage employed person. If the
same doctor has their own clinic, he or she is a self-employed person.

A person who becomes an entrepreneur goes through a career process.


This process is as follows:

@readers.venue

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