Entrepreneurship Management Prof Bharat Nadkarni

Entrepreneurship Management What Entrepreneurs do? The action factors E’rs are individuals who make a significant difference E’re are creative and innovative E’rs spot and exploit opportunities E’rs find the resources required to exploit opportunities E’rs are good networkers E’rs are determined in the face of adversity E’rs manage risk E’rs have control of the business E’rs put the customer first E’rs create capital.

THE ENTREPRENEUR PROCESS DIAGRAM 1. Motivation to make a difference 3. Spotting and Exploiting Opportunities Overcoming Obstacles 10. Financial, Social, Aesthetic, Capital 4. Finding the Required Resource 5. Using Networks Extensively 6. Showing Determination in the face of Adversity 7. Managing Risk Recognition Of Value 8. Controlling the business 9. Putting the customer first GROWING ENTERPRISE THAT SUCCEEDS 2. Creativity and Innovation THE ENTREPRENEUR PROCESS DIAGRAM