entrepreneurship n innovation - g1
TRANSCRIPT
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Presented by:- Gulshan Singh Sandhu
A path for those who Dare
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An Entrepreneur has ability to veer the normal courseand bring a CHANGE
converts a novel idea into innovation applies the innovation into business
ultimately satisfies unfulfilled market demand
bringing in creative destruction
establishes a Successful Enterprise
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ENTREPRENEURHIP REVOLVES AROUND INNOVATION
Remember - If you always do what you have always
done, you will always get what you have always got!!
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Triggers down a Chain Reaction
not only boss of your own job, but Creation of
Job Opportunities for others
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As Commerce Students
Expertise in market know-hows
Strong fundamentals of commerce, trading, marketdemand, customer requirements, etc
soon expected to be a purposeful part of thecommercial and industrial sector in the economy
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Employment 75%
Ph D programs 10%
Other education 10%
Self-employment 5%
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Dhirubhai Ambani..started his entrepreneurial career by selling "bhajias"
to pilgrims in Mount Girnar over the weekends. Atthe age of 16, moved Yemen, where he worked as agas-station attendant, and as a clerk in an oilcompany. Back in India, starting from a textiletrading company, he is today he is remembered tohave built India's largest private sector company,Reliance India Limited, from a scratch.
Narayana Murthy
In 1981, Narayana Murthy founded Infosys with sixother software professionals. He started thecompany by borrowing 10,000 from his wife!!The company was started as "Infosys ConsultantsPvt Ltd.", with Raghavan's house in Model Colony,Pune, as the registered office!
..a living legend! Chosen as the World Entrepreneurof the Year - 2003 b Ernst and Youn .
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Kiran Mazumdar Shaw..the richest lady in India today, she founded Biocon India
with a capital of Rs.10,000/- in 1978. The initialoperation was to extract an enzyme from papaya. Herapplication for loans was turned down by banks ontwo counts biotechnology was then a new wordand the company lacked assets; but it is today thebiggest biopharmaceutical firm in India!
Shahnaz Hussain..in the year 1977 established her first beauty salon
in India. Unlike other salons, she did not usechemical cosmetics. Rather, she made use ofAyurvedic products that are absolutely safeon the human body. She has ushered a new eraof herbal cosmetics.
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Steve Jobs..co-founder of Apple Inc., his break-through idea - the
need and production ofpersonalcomputers, In the
early 1980s, Jobs was among the first to see thecommercial potential of the mouse-driven graphicaluser interface. Without that, we may have never seenthe PC and laptops we are so dependent on today!Instead only mainframes would have been used in thegovt. organizations for handling and computation ofimportant, massive data.
Muhammad Yunus..Bangladeshi banker and economist from a poo
background. He previously was a professor of economicwhere he developed the concept of microcredit. Thesloans are given to entrepreneurs too poor to qualify fotraditional bank loans. Yunus is also the founder oGrameen Bank. In 2006, Yunus and the bank wer
jointly awarded the Nobel Peace Prize.
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enthusiastic, visionary,
creative, optimistic, decision
maker, goal-oriented,determined, opportunistic,
prone to take risks, and has
leadership qualities
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A Change in ATTITUDE towards life.
Even Impossible says Im Possible
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Believe in yourself, in your dreams,
and go for them..!
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