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CPG3D/BPZ5C/CPW3C ENTREPRENEURIAL DEVELOPMENT Unit : I - V CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Page 1: CPG3D/BPZ5C/CPW3C ENTREPRENEURIAL … · •Objectives of SIDCO •Functions of TN SIDCO •IRBI and its role •NABARD and its role in the rural development of India

CPG3D/BPZ5C/CPW3C

ENTREPRENEURIAL

DEVELOPMENT

Unit : I - V

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT 2

UNIT I- Syllabus

•Concept of Entrepreneurship

•Meaning

•Types

•Qualities of an entrepreneur

•Classification of entrepreneurs

•factors influencing entrepreneurship

•functions of entrepreneurs.

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CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT 3

Entrepreneurship

“Entrepreneurship is the

purposeful activity of an

individual or a group of

associated individuals,

undertaken to initiate, maintain

or aggrandise profit by

production or distribution of

economic goods or services”

- A.H.Cole

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4CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

Who is an entrepreneur?

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5CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

Who is an entrepreneur?

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“Entrepreneurship is

the capacity for

innovation,

investment and

expansion in new

markets, products

and techniques”

Nathaniel H. Left

Entrepreneurial process

The fits and gaps in entrepreneurial processhttps://carmelguangco.wordpress.com/2012/08/18/the-fits-and-gaps-in-entrepreneurial-processtimmons-model/

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Traits that makes an

entrepreneur

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

An entrepreneur is

one who possess

all these

enterprising skills

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Functions and theories of an entrepreneur

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Functions and theories of an entrepreneur

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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11CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

Functions of an entrepreneur

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What makes an entrepreneur?

https://youtu.be/92ZmzD70sOU

3 conditions to become an

entrepreneur

https://youtu.be/ao6e-b8phFM

3 ways entrepreneurship creates

value to the economy

https://youtu.be/i_pxPnCak3E

3 things needed to be an

entrepreneur

https://youtu.be/ao6e-b8phFM

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

Common characteristics of a

successful entrepreneur

https://youtu.be/e5sbQpq1VGg

Difference between businessmen

and entrepreneur.

https://youtu.be/vwNv_K059qY

Theories of entrepreneurship

https://youtu.be/bBydFrDNugI

Story of a young entrepreneur

https://youtu.be/c7fTDDmnNQw

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14CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

Entrepreneurial Development Agencies

•Commercial banks

•District industries centre

•National small industries corporation

•Small industries development organisation

•Small industries service institute

•All India financial Institutions

•SIPCOT and its objectives

•MSME sector and its coverage

•Objectives and ministry of MSME

•Role and functions of MSME

•Development organisations

•Objectives of SIDCO

•Functions of TN SIDCO

•IRBI and its role

•NABARD and its role in the rural development of India

•Introduction to Micro units development refinance agency

UNIT II- Syllabus

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Different services by Banks

and Institutions

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Role of Small Scale

Industries

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Importance of Financial

assistance

Entrepreneur Needs Finance:

1. To start an industry

2. For acquiring fixed assets

3. To developing product

4. To develop Men and Machine

at work

5. Encourage management to make progress

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Project Management

• Business Idea generation techniques

•Identification of Business opportunities

•Feasibility study

•Marketing Feasibility

•Financial Feasibility

•Technology & Legal Formalities

•Preparation of Project report

•Tools of Project Appraisal

Unit III- Syllabus

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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32CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Identification of Business

opportunities

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Sources of Innovation

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

Idea Generation

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Process of business idea

generation

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Techniques of Business Idea

generation

Methods of brainsorming - https://youtu.be/2bNvs_qElIw

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Scamper method-https://youtu.be/qRY-1YAmbY4

Techniques of Idea generation

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Techniques of Business Idea

Generation

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Creative Problem-solving

methods

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Feasibility study

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Role of feasibility analysis

in developing business idea

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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43CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

Environmental and

Marketing aspects

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Marketing Feasibility- stages

in New Product Development

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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How to be an entrepreneurhttps://youtu.be/lJjILQu2xM8

Assessing ones self interest

and their confidence

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Tools for Project appraisal

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Think out of the boxhttps://youtu.be/jQoY0zw215A

Team Building methodhttps://youtu.be/c7fTDDmnNQw

Methods of Generating Ideas

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Unit IV- Syllabus

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

Entrepreneurial development Programmes

•Entrepreneurial development Programmes

•Role , relevance and achievements

•Role of Government in organising EDP’s

•Critical evaluatiom

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52CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

The Need for EDP

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Role of Government in

organising EDP

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Role of Government in

organising EDP

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Role of Government in

organising EDP

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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EDP acts as a path way to

identify your hidden abilities

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Unit V-Syllabus

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

Economic Development and Entrepreneurial Growth

•Role of entrepreneur in economic growth

•Strategic approaches in changing economic scenario for

small scale entrepreneurs

•Networking

•Niche play

•Geographic concentration

•Franchising/Dealership

•Development of women entrepreneurship

•Self-help groups and women empowerment in India

•Financing SHG and their role in micro-financing

•Financial inclusion and its penetration in India

•Challenges and Government role in Financial inclusion

•Pradhan Mantri Jandhan yojana

•Six pillars of its mission objectives

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Franchising

Franchisinghttp://www.entrepreneur.com/encyclopedia/franchising

Basics of Franchisehttp://franchises.about.com/od/franchisebasics/a/what-franchises.htm

Advantages and

Disadvantages of

Franchisinghttp://www.thebfa.org/join-a-franchise/advantages-and-disadvantages-of-franchising

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Franchising is one of the options

for an entrepreneur to enter a

business.

It is becoming more & more

popular form of business now –a-

days.

It enables an entrepreneur to go

into a

business with MINIMUM RISKS &

also without much knowledge &

experience in the business.

It can also be used as an

alternative strategy for an

entrepreneur to expand his business.

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

Franchising

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Sub Code - Sub Name 66

Levels of franchise

operation Difference

between

Franchisor

and

Franchiseehttp://www.franchiselawsolutions.com/library/franchisor-vs-franchisee-new-york-business-and-franchise-lawyer.cfm

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Networking

• Every member acts as an

independent distributor and

builds his own network.

• It involves minimum capital and

risk & success in selling

depends upon each distributor’s

own skill, competence & selling

ability.

• Unlike conventional selling

where top people make more

money as per hierarchy, network

marketing provides an

opportunity to earn according to

one’s equitable contribution of

efforts in income generation.

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Geographic Concentration

Geographic concentration

means concentration of

industries in a certain

geographic region.

The decision to locate business

venture in geographically

concentrated area depends on the

Availability of finance,

Type of product

Consumer behaviour &

Target customers.

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

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Successful women

entrepreneurs of Indiahttps://youtu.be/hjGTJp36GzY

Story of a women entrepreneurhttps://youtu.be/Z8SEnBAbRaA

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT

Government measures for

women empowerment

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MUDRA for Small

Entrepreneurs

Experience shared about Mudra scheme by women entrepreneurhttps://youtu.be/RUSBLtHIerM

CPG3D/BPZ5C /CPW3C- ENTREPRENEURIAL DEVELOPMENT