GENERATION NEXT OF WOMEN ENTREPRENEURS ABSTRACT: This study assumes significance to check the awareness of entrepreneurship among generation next of possible women entrepreneurs. Women entrepreneurship culture has not yet reached the wider mass and there are still certain issues that need to be solved. A structured questionnaire survey was circulated to judge the awareness and aspiration levels by using scale based, and opinion based questions among 117 college students in Mumbai to estimate
primary reasons for entrepreneurs starting their own business. Explain each of them. (6 marks) The three primary reasons for entrepreneurs starting their own business are they desire to be their own boss. Besides, they also desire to pursue their own ideas, and realize financial rewards. The first of these reasons is entrepreneurs desire to be one’s own boss. This is given most commonly. This doesn’t mean, however, that entrepreneurs are difficult
establish. An entrepreneur is not a regular business man, an entrepreneur is a person who takes a want or a need that is available in the market and turn it into a good or a service of value. An entrepreneur must have a set of skills or abilities that enables him or her to take the risk and form a business out of nothing. (Merchand & Hermens, 2015) The ability to lead, inspire, manage, market, communicate, plan and persist are all characteristics of successful entrepreneurs. The main reason though behind
All the articles will be based on the statistics and information gathered in South Africa. The information gathered are all from successful authors who talk about the impact and reasons for unemployment
An entrepreneur is an individual who works as an employee, runs the small business and assumes all the risks and rewards of a given business venture, idea, goods or services offered for sale. Also, an entrepreneur is commonly seen as a business leader and innovator of new ideas and business processes. Entrepreneurs play an important role to the society, due to their activities that are the critical determinants of the level of success, growth, opportunity and prosperity in any economy. The
entrepreneurship, some factors should be within us. One should have a dream to become entrepreneur. Apart from managerial skills some typical qualities viz. inner drive to success, decision making ability , risk taking , drive towards innovations , mentality of continuous learning etc. should be obvious (santhi,2011). In India, the path of becoming entrepreneur is also a challenge today.Family pattern may be one of the reason of obstacle. Son’s occupation is followed by father’s. If father is service
Companies should not grow for growth’s sake but have a more realistic view of growth. It is essential for an entrepreneur to understand that if growth does not have a coherent plan and budget to match the plan, it can undermine the fundamental strengths of a business. In fact, research has shown that, in some circumstances, excessive growth can kill a business. Getting
Entrepreneurship embraces talents and skills that teachers in conventional classrooms might otherwise penalize. “Entrepreneurs are anomalies; they don’t fit in,” Young says. They may not be “book smart” but thrive if given an opportunity to utilize their people smarts and risk-taking skills, he says In other words, affluent backgrounds often do not encourage kids to take risks and make mistakes, which are necessary for cultivating ingenuity. Perhaps if students were to study entrepreneurship, they
capital to begin the business. For someone to become an entrepreneur even with capital is still not easy. The person would need a business plan, banks to assist monetary and investors. Some people may even think you are crazy about your plans and ideas. Joel Kilppert in chapter 10 of the weeks video was an example of someone with a crazy plan; laughed upon by family members and friends. Even when he presented his ideas to investors and the bank. Entrepreneurs stay focus because of competition in the marketplace;
Risk Takers Let us take an example of a student who has just graduated. This student wants to be an entrepreneur. He did graduation is computer and made his own app related to some games and believed that it would help him in earning money. He doesn’t wants a job rather he made his own app while some of his friends are doing job and earning money. He challenged himself and started working day and night for an update of that app. He invests some of his money in this app. The money he invested is