qualities of an entrepreneur

16
BEM PRESENTATION GB-6 QUALITIES OF AN

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Page 1: Qualities of an Entrepreneur

BEM PRESENTATIONGB-6

QUALITIES OF AN

Page 2: Qualities of an Entrepreneur

Before talking about the qualities, the two big

questions-

WHO IS AN ENTREPRENEUR?

WHAT IS ENTREPRENEURSHIP?

Page 3: Qualities of an Entrepreneur

QUALITIES-

Qualities of an

Entrepreneur

Visionary

Innovative

Self Confidence

Passion for work

Leadership qualities

Taking Risks

Decision Making

Marketing Skills

Time Management

Hard Work

Page 4: Qualities of an Entrepreneur

VISIONARYWHAT IS IT?

WHY IS IT IMPORTANT?•Foresight•Have an aim•Completion and execution of idea

Page 5: Qualities of an Entrepreneur

INNOVATIONWHY IS IT IMPORTANT?•To sell your product•Competition•Unique selling point•Growth

Page 6: Qualities of an Entrepreneur

VS

Page 7: Qualities of an Entrepreneur

SELF-CONFIDENCEWHAT IS IT?

WHY IS IT IMPORTANT?

Self-Confidence=Self efficacy + Self Esteem

Page 8: Qualities of an Entrepreneur

PASSION=Sense of•Optimism•Challenge•Ownership•PurposeNever ending desire for progress

Page 9: Qualities of an Entrepreneur

LEADERSHIP QUALITIESWHAT IS IT?•Ability to influence others•Exercised to achieve goals•Indicates interpersonal relations

WHY IS IT IMPORTANT?•Mitigates conflicts•Motivates others•Key role in change•Influence the employees positively

Page 10: Qualities of an Entrepreneur

LEADERSHIP QUALITIESQUALITITES•Knowledge•Integrity•Charisma•Initiative•Motivation skills

Page 11: Qualities of an Entrepreneur

MARKETING SKILLS

WHAT IS IT?Putting the right product in the right place, at the right price, at the right time for the right people, by the right people.

WHY IS IT NEED?•Monitor client/consumer behavior•Identify opportunities/threats•Provide strategic inputs

SKILLS REQUIRED•Creativity•Communication•Analysis and observation

Page 12: Qualities of an Entrepreneur

TAKING RISKS

WHY?

STEPS IN TAKING A RISK1. Modeling2. Enabling3. Support4. Consistency

MINIMIZING•Analyzing current trends•Considering consequences•Reasonable decisions

Page 13: Qualities of an Entrepreneur

DECISION MAKINGWHAT IS IT?Making decisions using-•Good information•Analysis and observation•Consultation

QUALITY•Good information•Training•Experience and aptitude•Analysis skills•Risk

Page 14: Qualities of an Entrepreneur

TIME MANAGEMENTWHY IS IT IMPORTANT?

THEMES•Setting priorities•Creating an environment•Getting organized

Page 15: Qualities of an Entrepreneur

HARD WORK

WHAT IS IT?•Overcoming challenges•Putting in effort

WHY IS IT IMPORTANT?•Discipline•Achieve goals•Overcome challenges

HARD WORK=TOUGHER CHALLENGES=MORE OPPORTUNITIES

Page 16: Qualities of an Entrepreneur

GROUP MEMBERS-Aishwarya MunjalAkansh AggarwalAnmolPushpendra KumarShrey AhujaVikram MauryaVivek YadavVipin Kumar

THANK YOU!