Business Kit Manual Training Presentation - Free download as Powerpoint Presentation (.ppt /.pptx), PDF File (.pdf), Text File (.txt) or view presentation slides online. This is a summarized and simplified version of the Business Kit that is given to the advisers and participants (achievers) of the Brunei Entrepreneurship Education Scheme.

Title: PPT on ENTREPRENEURSHIP 1 Entrepreneurship • THEME DEVELOP INDIA VISION • 2030 PRESENTING BY PRAMOD KANWAR 2 What is an Entrepreneur? • An Entrepreneur (ahntra pra nur) is a person who organizes and manages a business undertaking, assuming the risk for the sake of profit. Any person (any age) who starts and operates a business is an entrepreneur. 3 Entrepreneurship • Agricultural students have been entrepreneurs since the beginning of agricultural education.

4 Entrepreneurship • The Smith-Hughes Act of 1917 (which provided federal funding for agricultural programs) required all students to have an entrepreneurship program but they werent called entrepreneurs back then. 5 Early Entrepreneurship • These early entrepreneurship programs were called different names • Farming Program • Productive or Production Enterprises • Ownership 6 Early Entrepreneurship • The early SAE Entrepreneurship program primarily involved • Raising Livestock • Growing Crops 7 Entrepreneurship Today • Today, agricultural students are involved in many different types of entrepreneurial activities. • Entrepreneurship in agriculture can still be raising livestock and growing crops, but it can be much, much more than that. 8 Agricultural Entrepreneurship • Entrepreneurship The student plans, implements, operates and assumes financial risks in a farming activity or agricultural business.

In entrepreneurship programs, the student owns the materials and other required inputs and keeps financial records to determine return to investments. 9 Agri-Entrepreneurs Example • Lawn Maintenance Service 10 Agri-Entrepreneurs Example • Raise and Sell Fishing Bait 11 Agri-Entrepreneurs Example • Custom Crop Harvesting 12 Agri-Entrepreneurs Example • Pet Sitting Service 13 Agri-Entrepreneurs Example • Fishing Guide 14 Agri-Entrepreneurs Example • Tractor and Farm Equipment Detailing 15 Agri-Entrepreneurs Example • Operating a Roadside Marketing Selling Produce 16 Agri-Entrepreneurs Example • Making and Selling Christmas Wreathes 17 Agri-Entrepreneurs Example • Operating a Small Engine Repair Service 18 Three Aspects of Entrepreneurship • 1. The identification/recognition of market opportunity and the generation of a business idea (product or service) to address the opportunity 19 Three Aspects of Entrepreneurship • 2. The marshalling and commitment of resources in the face of risk to pursue the opportunity 20 Three Aspects of Entrepreneurship • 3.

The creation of an operating business organization to implement the opportunity-motivate d business idea 21 Successful Entrepreneurs • According to the Small Business Administration, successful entrepreneurs have five characteristics • Drive, which is defined as the most important attribute. Entrepreneurs can expect long hours, high stress and endless problems, as they launch a new business.

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22 Successful Entrepreneurs • According to the Small Business Administration, successful entrepreneurs have five characteristics • Thinking Ability, or the characteristic that encompasses creativity, critical thinking, analytical abilities and originality. 23 Successful Entrepreneurs • According to the Small Business Administration, successful entrepreneurs have five characteristics • Aptitude for Human Relations. This characteristic recognizes the importance of the ability to motivate employees, sell customers, negotiate with suppliers and convince lenders. Personality plays a big part in success in this area.

24 Successful Entrepreneurs • According to the Small Business Administration, successful entrepreneurs have five characteristics • Communication Skills, or the ability to make yourself understood. 25 Successful Entrepreneurs • According to the Small Business Administration, successful entrepreneurs have five characteristics • Technical Ability speaks to the need of the entrepreneur to know their product and their market. They must consider the long- and short-term implications of their decisions, their strengths and weaknesses, and their competition. In short, they need strategic management skills. PowerShow.com is a leading presentation/slideshow sharing website.

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