Qualities and Characteristics of Successful Entrepreneurs Explained
Exploring the essential qualities and characteristics of successful entrepreneurs, this content highlights traits such as risk-bearing capacity, creativity, high achievement tendency, salesmanship, self-confidence, innovation, and leadership. It delves into the distinction between entrepreneurs and intrapreneurs, discussing their roles, independence in operations, capital investments, and more, providing valuable insights for aspiring and current business leaders.
Uploaded on Oct 05, 2024 | 0 Views
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
Qualities of Entrepreneur DR. VANDANA PANDEY ASSOCIATE PROFESSOR DEPARTMENT OF COMMERCE HCPG COLLEGE .VARANASI (U.P.)
Qualities of entrepreneurs business is a game of skill which everybody can not play. ( According to Emerson.) Personal ability is prime factor is business operation ( According to President Roosevelt)
Creativeness+ risk bearing+ high achiever According to McClelland Following qualities is must for an entrepreneur. a). Creativeness b). Risk bearing capacity. c). Desireness of high achievement.
????????? According to Hornday and Abond a). Psychological capacity of risk bearing and self confidence. b). Ability about resource combination. c). Technical knowledge. d). Organisation and administrative ability. e). Desireness to accept change. f). Awareness towards ne opportunities.
QUALITIES Risk bearing capacity. expoiter High desireness./ Dynamic creative. Adoptable.
CONTD Innovatior . High achievement tendendency . Salesmanship. Self confidence. Responsible.
Contd.. Sound character. Hard work. Optimism. Manegerial ability Loyal and entrepreneurial philosphy Professional tendency. Leadership .
Distinction between entrepreneur & Intrapreneur DEFINITION Entrepreneur Intrapreneur is a person who strives for erecting something new of value, organizes resources, assume risk and own the rewards . is a employee in an organisation who commits time and energy to create innovative ne product by using company resources .
Entrepreneur v/s Intrapreneurs (independence) Entrepreneur- Intrapreneur- independent (operations and decisions). dependent on owner.
Entrepreneur v/s Intrapreneurs capital investment Entrepreneur Intrapreneur- Personal capital investment in venture. uses the financial and other resources of the enterprise.
Entrepreneur v/s Intrapreneurs Risk Entrepreneur- Intrapreneur bear all kinds of risk (financial, psychological, social risk). is a salaried person who innovates new things in an existing enterprise.
Entrepreneur v/s Intrapreneurs NATURE OF VENTURE entrepreneur Intrapreneur- Establishes new or big or, small business. Innovates new things in an big enterprises.
Entrepreneur v/s Intrapreneurs REWARDS Entrepreneur- Intrapreneur gets the rewards generated from creating new things. get rewards as prizes, promotions, bonus.
Entrepreneur v/s intrapreneur OPERATIONS Entrepreneur- Intrapreneur- operate within organisation as manager , producer, planer. Operate outside of organisation
Thanking you Thanking you
