ENTREPRENEURSHIP

ENTERPRENEURSHIP :-

                It is a creative activity where enterpreneurship introduce a new idea into a new technology or a process with or without modification
* Enterpreneur :-
           It is a person who own a business, organises, manages, control it and takes all the risks involved in implanting new idea
* Need of enterpreneurship :-
                      To develop maintain and enhance industrialization of country, there is great need of enterpreneurship
i) Employment Situation :-
                  The enterpreneur not only create employment for themself but Provide a lot of employment opportunity for others. Thus enterpreneurship helps to reduce unemployment problems in the country
ii) Individual Development :-
              Enterpreneurship is necessary to provide the opportunity to the Individual to develop the skills and to make profit from it. It also helps an individual to use his initiative and drive freely. An own enterprise provides, independence satisfaction, profit and opportunity help and assist other
iii) Dynamic nature of small industry :-
              Organizational and structural of small industry is simple and less complex. Therefore, they can easily accomodate with product change or environment change
iv) Helping hand to large scale industry :-
         It provides large scale industry at economical rate
v) Distributed economic development at national level:-
       At national level enterpreneurship helps in following ways:-
- it creates an employment in rural and semi-urban area because small business can be started with low investment and lesser resources
- Creating the employment, in rural area
- it make best use of social and natural resources
vi) Competative market :-
                Enterpreneur usually start small scale industry and provide goods and services at most competative rates and hence restrict the monoplastic activities of big business and houses
# Types of Enterpreneur :-
1. Innovative enterpreneur :-
                 An innovative enterpreneur is one who introduce the new method of production in a new market
2. Initiate enterpreneur :-
               These follows the path of innovative enterpreneur .innovative enterpreneur do not innovate the change themselfs .they only initiate the techniques and technology
3. Fabian enterpreneur :-
               These enterpreneur are very eancious in experimentation and any change in their enterprise. They adopt the changes only when they feel that there survive is not possible without this change
4. Draw enterpreneur : -
              These enterpreneur not ready to make change in their existing production method even after suffering the same losses
# Qualities Of an Enterpreneur :-
* Initiator :-
          As per demand of situation enterpreneur takes initiative to start a new enterprise
* Opportunity reaper :-
           Enterprise likes a watch log, Always remain search of right business opportunity to convert them into projects and profits
* Calculated risk taken :-
               Enterpreneur is usually a calculated risk taken an enterpreneur avoids low risk situation because he wants to succeed
* Information seeper :-
            He is ready to learn from experience from another and enhance his business information to help him to reach the goal
* Quality concious :-
              An enterpreneur always puts effort to excel better then the existing standard of performance
* Proper planner :-              An interperneur frames business planes and followes them accordingly to achieve the objective
* Effecient Supervision :-
             An enterpreneur personally supervises the work to ensure that work is completed according to the standard set for enterprise
* self confident :-
            An enterpreneur is strong believe in his strength and weakness. He is very energetic hard working and about to new opportunity and able to adopt the changes
* Good human Relation :-
               Enterpreneurship should have understand problem and difficulties of worker and the staff working in his enterprise
* Leadership :-
         He should have all the equalities of good leader having confidence  courage, balance mind in the critical situation and always and aiming to achieve his goal
* Innovativeness :-
                 He is creative in the sense he does thinks and better way
* Assertive :-
         Enterpreneurship is able to assort what so ever these might be in the internet is this enterprise
* Efficient financial management :-
            An enterpreneur has the ability to utilises the finance at his command in best possible manner For achieving the goal
* Systematic approach :-
           An enterpreneur must have systematic approach for launching a new products a task. This approach should include analysis, market survey and changes in the product design with time