By Prof. SHANKAR BHUSARI Promoter of Career Makers

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Presentation transcript:

By Prof. SHANKAR BHUSARI Promoter of Career Makers ENTREPRENEUR-SHIP By Prof. SHANKAR BHUSARI Promoter of Career Makers

What is Entrepreneurship It is capability to develop new business venture to earn profit and social benefits. For Example: “THE HITVADA” a newspaper which was stoped its operations & restarted by Mr. Purohit in 1980 and now it is a leader. “The Home Salon” started by Rishika Chandan in Mumbai in 2012 with 5 parlor girls has more than 100 employees now. “Facebook” a social networking web application conceived by Zuckerberg in 2004,, now making business of 17.93 billion.

Understand 3 Words ENTREPRENEURSHIP INTRAPRENEUR – Mr. Phanshikar, Rishika Chandan, Kirthinga Reddy ENTREPRENEUR – Mr. Purohit, Rishika Chandan, Mark Zuckerberg ENTREPRENEURSHIP A journey of “An IDEA” to “An INVENTION” A journey of “An INVENTION” to “An INVESTOR” A journey from “PRODUCTION” to “CONSUMER” A journey from “CONSUMER” to “SOCIAL BENIFITS”

What you require to transform an idea to invention Conceptual Support: Creativity, Imagination, ability to plan, risk taking, research aptitude Behavioral Support: Curiosity, Manipulation, Affiliation, Humor & Independence Technical Support: Web-based services, mobile computing, Incubation centers, and virtualization

How you can go from Invention to Investor? Seed Capital funding – Rely on institution or govt. Schemes or own funds Private Equity – Own capital, Relatives or Friends and Debt provider Angel Investment – Technocrats, Founder of IT companies, NRI, Businessman (whose Concept is -Debt to Equity) Banks & NBFCs – Credit underwriting firms like “LoanStreet or IndiaLends” Share & Debenture through SEBI -

Tips for taking a Product or a Service from Producer or Manufacturer to Consumer This process seems to be easy but it is practically so difficult because of competition, imitation of your business model and Legal necessities. The process is, Franchisee Network or ownership of distribution. Wholesaler or Stockiest to Dealer to Retailer to Consumer Network Marketing – A consumer makes another consumer for the firm you own. Retail Shop Network – A owner makes huge investment and owns all retail chain catering to consumers. Complex Network – A network of retail shop, service centers, Technical Experts and service producing vendors.

Consumer to Social Benefits How you can reduce price of your services from higher price to lower and affordable price to all. Example: Why handset price goes down over a period. Can you create a culture of consuming your services free by consumer and revenue generation comes from business units and advertisements. Example: Why WHATSUP is available free to you.

THANK YOU Prof. SHANKAR BHUSARI Psychologist & Consultant Mobile:9325595378 Email:shankarbhusari@gmail.com Web:www.profshankarbhusari.com