ENTERPRENURE IN SMALL

BUSINESS

Presented by:-
Nitesh Kumar Singh
Om Parkash
Definition:-
 An entrepreneur is a person who has possession of
a new enterprise, venture or idea and assumes
significant accountability for the inherent risks and
the outcome.
 An entrepreneur is somebody who manages a

business, takes risks and uses initiative to make it

successful.
ENTERPRENURE IN INDIA AND THEIR
PROSPECTS
 More than lakh of people in India venturing
entrepreneurship skills in small business .
 Approximate 50% of the entrepreneurs failure in 2nd

year or 3rd year .

 Some corporate also take initiative for entrepreneur

Like Infosys founder N.R. Narayanamurthy and

Birla group.
Indian management colleges also provides specific
course for entrepreneurship.
FOODKING
 Founder of food king
 He was born and brought up in a

slum in Madipakkam, Chennai

 Sharath did his schooling from

Kings Matriculation Higher

Secondary School, Chennai, and
graduated in Chemical Engineering
from BITS, Pilani.  After working for
3 years in Polaris Softwares, he
went on to complete his MBA
from IIM Ahmedabad
Business Idea

 Sharath’s mother, a 'mid-day meal' worker in a

government school cooked idlis, which he and his
two younger brothers used to sell. He believed that
there lay a business idea under all the experience he
had gathered in selling idlis which would help him
make a successful foray in the catering business,
Sharath refused an offer of Rs 8.5 lakh from a
reputed IT firm to pursue his hunch.
 Foodking was setup with a vision to offer
employment to illiterate and semi-illiterate
people and bring up their living standards.

 Foodking started its operations on May 16th,

2006 by supplying snacks to corporate
sectors, banks and software firms.

 It undertook Event Catering, Industrial

Catering and Institutional Catering and also
has Retail Outlets.
 Today Sharath is CEO of Foodking Catering
Services which is provides services at BITS,
Pilani, IIM, Ahmedabad, BITS, Goa, BITS
Hyderabad and SRM, Chennai among others
and has a turnover in Crores.
 serving someone food is an extremely

satisfying feeling. The smile you get after

giving good food to someone is an
experience to cherish.
 Food King catering services, was inaugurated

at Ahmedabad by IIM-A chairman and chief

mentor of Infosys N.R. Narayanamurthy.
 Begun with just Rs 2,000 of seed money and
started from a mess in Ahmedabad his venture
today is spread across several locations to the
tune of Rs 9 crores and is geared to double by
the year-end.

Through Food King he desires to give quality

employment to the poor. In the next 5 years he
aims to make Food King a source of
employment for 50,000 people by opening
400-500 branches all over the country.
The entrepreneurial selling point

 Food King was specially designed for the

customers to serve them good food at
nominal prices. “The specialty of the food
king is to serve good food at a nominal price.

 We design the menu according to the

customers
The Road ahead

the future lies in spreading his business to

every part of the country.
 In addition to that Sharath also wants to

grow his political career. Very few know that

Sharath contested in the 2009 Lok Sabha
elections and managed to get around 15,000
votes which is a great achievement for an
independent candidate.
 He aims to improve employment
opportunities and provide education to all.
Top on his list of goals, though, is poverty
alleviation. He states "I know what real
hunger is ... the pain of not being able to
afford food

 Sharath Babu has also started edu bharat an

enrichment programme for local management
students.
Thank you