Presentation.

Business

Presented by. Dua Safdar

Presented to sir Aftab

Topic. Entrepreneurship
 Entrepreneurship
Entrepreneurship is the process of designing,
launching, and running a new business,
typically starting as a small business, such as
a startup company, offering a product,
process, or service for sale or hire. It involves
identifying and capitalizing on opportunities to
create value and often involves innovation,
risk-taking, and proactive management.

Example:
Entrepreneurship is when someone
starts a new business, coming up with
ideas and taking risks to make it
successful. For example, when Steve
Jobs and his friends started Apple in a
garage and created the first personal
computers, they were being
entrepreneurs.
 Entrepreneurship

Idea Generation: Come up with a business idea

or identify a problem that needs solving.

Research and Planning: Conduct market

research to validate the idea and create a
business plan outlining goals, strategies, and
financial projections.

Development: Develop the product or

service, including designing, prototyping,
and testing.

Launch: Officially start the business by

introducing the product or service to the
market.
 Entrepreneur

An entrepreneur is someone who starts

and runs their own business, coming up
with new ideas and taking risks to make
it successful. For example, Steve Jobs,
who started Apple, was an entrepreneur.

Example:

An example of an entrepreneur is Elon Musk.

He started companies like Tesla, which makes
electric cars, and SpaceX, which develops
rockets for space travel. He took risks and
used innovative ideas to build successful
businesses.
 Entrepreneur

Characteristics of entrepreneur
Innovation: They come up with new ideas or improve
existing ones.

Vision: They have a clear vision of what

they want to achieve and how to get there.

Leadership: They can inspire and

manage a team to work towards
common goals.

Passion: They are deeply passionate about their

business and its mission.
 Types of entrepreneurship

Small Business Entrepreneurship: Small

businesses like local shops, cafes, or family-
owned businesses.

Example:

An example of a small business is a local bakery.

This bakery might be owned and operated by a
single person or a small team, offering freshly
baked goods like bread, cakes, and pastries to
the local community. It typically serves a specific
neighborhood or town, focusing on personalized
customer service and high-quality products.
 Types of entrepreneurship

Social Entrepreneurship: Focuses on addressing

social or environmental issues while generating
revenue.

Small Business Entrepreneurship: Often refers to

locally-owned or family-owned businesses with a
limited number of employees.

Scalable Entrepreneurship: Aims for rapid

growth and scalability, often with the goal of
attracting investment or going public
 Types of entrepreneurship
Service entrepreneurship involves providing intangible
services rather than physical products. Here’s an example:

**Example: Consulting Firm**

- A consulting firm offers expertise and advice to businesses
or individuals in various areas such as management,
finance, marketing, human resources, or technology.
- Consultants may work independently or as part of a larger
consulting organization, serving clients on a project-by-
project basis or through ongoing contracts.
- Services provided may include strategic planning, process
improvement, market research, financial analysis, or IT
solutions, among others.
- Successful consulting firms often build their reputation on
the expertise and track record of their consultants,
delivering valuable insights and solutions to their clients’
challenges.
 Success points of entrepreneurship
Clear Vision and Goals: Having a clear vision of
what you want to achieve and setting specific,
achievable goals is essential for guiding your
entrepreneurial journey.

Passion and Motivation: Being passionate

about your venture and staying motivated,
especially during challenging times, can
drive you forward and keep you focused on
your goals.

Building a Strong Team: Surrounding yourself with a

talented and dedicated team can amplify your efforts
and bring diverse perspectives to your business.
Building a strong team culture and fostering
collaboration is key.
 Conclusion

Entrepreneurship is a dynamic journey marked by

innovation, perseverance, and adaptability. Success
hinges on a clear vision, passion, and the ability to
navigate challenges with resilience. Effective
planning, financial management, and customer
focus are vital, as is the cultivation of creativity and
a strong team. Continuous learning, networking,
and customer satisfaction are linchpins in the
entrepreneurial ecosystem. In conclusion, while the
path to success may be fraught with obstacles, the
entrepreneurial spirit thrives on seizing
opportunities, embracing change, and forging
ahead with determination to make a meaningful
impact in the world of business.
The End