3. INTRODUCTIONTO ENTREPRENEURHIP
âą It is the process by which an individual pursue
opportunities without regard to resources they
currently control
âą Entrepreneurship is the willingness to take risks and
develop, Organize and manage a business venture
in a competitive global marketplace that is
constantly evolving.
âą In simple , Entrepreneurship is the process of
creating something new and assuming the risks and
rewards.
4. According to Foss and Klein , Entrepreneurship can
be defines with the help of seven approaches ;
âą Entrepreneurship as Small-Business
Management
âą Entrepreneurship as imagination or creativity
âą Entrepreneurship as innovation
âą Entrepreneurship as Opportunities
âą Entrepreneurship as the ability to adjust
âą Entrepreneurship as Charismatic leadership
âą Entrepreneurship as Judgement
5. Barriers to Entrepreneurship
1. Environmental Barriers
â Non â availability of raw materials
â Lack of skilled labor
â Lack of good machinery
â Lack of infrastructures
â Lack of fund
â Other environmental barriers
6. 2. Personal Barriers
â Unwilling to invest money
â Lack of confidence
â Lack of motivation
â Lack of patience
â Inability to dream
8. Women Entrepreneur
âą Women entrepreneur can be defined as the
women or group of women who take
initiative to set up a business enterprise and
run smoothly
âą According to GOI, a Women Entrepreneur is
defines as , âAn enterprise owned and control
by a woman and having a minimum financial
interest of 51% of the employment generated
in the enterprise of women.â
9. Problems facedby Women Entrepreneurs
âScarcity of Raw Material
âFamily Ties
âLimited Mobility
âLack of proper education
âMale-Dominated Society