1. A presentation by: Hemangi Sawant
Roll No :P40(MMS SEM-2)
Submitted to : Ms Vilasini Patkar

2. ENTREPRENEURSHIP

3. A BRIEF LOOK AT ENTERPRENEURSHIP
The word entrepreneur originates from a French word ‘entreprendre’ which means ‘to undertake’ .In business context , it means to start a business.
An entrepreneur can be defined as the one who organizes, manages and assumes the risk of an enterprise.

4. The concept of entrepreneurship has a wide range of meanings
The concept of entrepreneurship has a wide range of meanings. On one extreme an entrepreneur is a person of very high aptitude who pioneers change, possessing characteristics found in a very small fraction of population.
On the other extreme of definitions, any one who works for himself or herself is considered as an entrepreneur.

5. Some successful entrepreneurs:
The famous book ‘15 successful entrepreneurs who didn't need college’ By Ryan describes those 15 successful entrepreneurs who never received formal college education but could still make it big in their respective business.

6. Mary Kay Ash
Richard Branson
Coco Chanel
Simon Cowell
Barry Diller
Michael Dell
Walt Disney
Debbi Fields
Henry Ford
Bill Gates
Milton Hershey
Steve Jobs
Rachael Ray
Ty Warner
Frank Lloyd Wright

7. Mary Kay Ash
The founder of Mary Kay Inc. started a cosmetics business. While she didn’t have a college education or any training, she successfully created a brand known throughout the world. To date, nearly half a million women have started Mary Kay businesses, selling cosmetics.

8. Richard Branson
Richard Branson is best known for his thrill seeking spirit and outrageous business tactics. He dropped out at the age of 16 and started his first successful business venture, Student Magazine. He is the owner of the Virgin brand and its 360 companies. His companies include Virgin Megastore and Virgin Atlantic Airway.

9. Coco Chanel
An orphan for many years, Gabrielle Coco Chanel trained as a seamstress. Determined to invent herself, she threw out the ideas that the fashion world deemed feminine, boldly using fabric and styles normally reserved for men. A perfume bearing her name, Chanel No. 5 kept her name famous.

10. Simon Cowell
Simon Cowell started in a mailroom for a music publishing company. He has since become an Artist and Repertoire (A&R) executive for Sony BMG in the UK, and a television producer and judge for major television talent contests including American Idol.

11. Barry Diller
Fox Broadcasting Company was started by a college dropout, Barry Diller. Diller is now chairman of Expedia, and CEO of IAC/InterActiveCorp which includes Home Shopping Network and Ticketmaster

12. Michael Dell
With $1,000, dedication and desire, Michael Dell dropped out of college at age 19 to start PC’s Limited, later named Dell, Inc. Dell became the most profitable PC manufacturer in the world. In 1996, The Michael and Susan Dell Foundation offered a $50 million grant to The University of Texas at Austin to be used for children’s health and education in the city.

13. Walt Disney
Having dropped out of high school at 16, Walt Disney’s career and accomplishments are astounding. The most influential animator, Disney holds the record for the most awards and nominations. Disney’s imagination included cartoons and theme parks. The Walt Disney Company now has annual revenue of $30 billion.

14. Debbi Fields
As a young, 20 year old housewife with no business experience, Debbi Fields started Mrs. Fields Chocolate Chippery. With a recipe for chocolate chip cookies, this young woman became the most successful cookie company owner. She later renamed, franchised, then sold Mrs. Field’s Cookies.

15. Henry Ford
At 16, Henry Ford left home to apprentice as a machinist. He later started Ford Motor Company to manufacture automobiles. Ford’s first major success, the Model T, allowed Ford to open a large factory and later start the assembly line production, revolutionalizing the auto-making industry.

16. Bill Gates
Ranked as the world’s richest person from , Bill Gates was a college drop out. He started the largest computer software company, Microsoft Corporation. Gates and his wife are philanthropists, starting The Bill & Melinda Gates Foundation with a focus on global health and learning.

17. Milton Hershey
With only a fourth grade education, Milton Hershey started his own chocolate company. Hershey’s Milk Chocolate became the first nationally marketed chocolate. Hershey also focused on building a wonderful community for his workers, known as Hershey, Pennsylvania.

18. Steve Jobs
After attending one semester of college, Steve Jobs worked for Atari before co-founding Apple Computers. Now without the “Computers” in their name, Apple includes innovative products such as the iPod, iTunes, and most recently the iphone. Steve Jobs was also the CEO and co-founder of Pixar before it merged with Walt Disney.

19. Rachael Ray
Despite having no formal training in culinary arts, Rachel Ray has made a name for herself in the food industry. With numerous shows on the Food Network, a talk show and cookbooks, high-energy Rachael doesn’t slow down. She has also appeared in magazines as well as having her own magazine debut in She knew she was a success when a website dedicated to bashing her was created.

20. Ty Warner
Sole owner, CEO, and Chairman of Ty, Inc., Ty Warner is a savvy, yet private business man. Ty, Inc., made $700 million in a single year with the Beanie Babies craze without spending money on advertising! He has since expanded to include Ty Girlz dolls, directly competing with Bratz dolls.

21. Frank Lloyd Wright
Having never attended high school, Frank Lloyd Wright surpassed all odds when he became the most influential architect of the twentieth century. Wright designed more than 1,100 projects with about half actually being built. His designs have inspired numerous architects to look at the beauty around them and add to it.

22. Entrepreneurial Inspiration
These facts tell us that to become a successful entrepreneur it is not necessary to gain formal training but what is important is the attitude of aspirant entrepreneur.
He or she should have some necessary qualities i.e. a fire or drive to achieve something,
perseverance, smartness ,passion and most important a positive attitude to sail through the failures to reach to the success.

23. “Entrepreneurs are born and not made”
I believe these facts teach us one important lesson:
“Entrepreneurs are born and not made”

24. Bibliography
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