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This document is a group project on entrepreneurship by six students at DAV Sushil Kedia Vishwa Bharati in Lalitpur, Nepal. It defines entrepreneurship as identifying opportunities and turning them into ventures, and entrepreneurs as individuals who create new businesses while bearing most risks and rewards. The document discusses how entrepreneurs help economic growth, common fields of entrepreneurship like products, services and technology, risks involved, rewards, and challenges of entrepreneurship like giving up careers and cash flow management. It outlines the entrepreneurship development process in four steps from finding an idea to launching a product or service.

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55 views10 pages

Computer Presentation

This document is a group project on entrepreneurship by six students at DAV Sushil Kedia Vishwa Bharati in Lalitpur, Nepal. It defines entrepreneurship as identifying opportunities and turning them into ventures, and entrepreneurs as individuals who create new businesses while bearing most risks and rewards. The document discusses how entrepreneurs help economic growth, common fields of entrepreneurship like products, services and technology, risks involved, rewards, and challenges of entrepreneurship like giving up careers and cash flow management. It outlines the entrepreneurship development process in four steps from finding an idea to launching a product or service.

Uploaded by

Messed Up Shit
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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DAV SUSHIL KEDIA VISHWA

BHARATI
JAWALAKHEL , LALITPUR

SUBJECT – COMPUTER

GROUP-WORK

TOPIC-
ENTREPRENEURSHIP 
CONTRIBUTERS:
A B H I N AV A N A N D (9351)
A I S H WA R YA S I N G H (9352)
ASHISH RANJAN (9353)
ASHUTOSH JHA (9354)
B H AV I S H Y A A G A R W A L (9355)
C H I R A G A G R AWA L (9356)
WHAT IS ENTREPRENEURSHIP?

• Entrepreneurship is the process of
identifying an opportunity and turning
it into a venture. Entrepreneurship is the
creation or extraction of value.
Entrepreneurship is viewed as change,
generally entailing risk beyond what is
normally encountered in starting a
business, which may include other
values than simply economic ones.
WHO IS AN ENTREPRENEUR ?

• An entrepreneur is an individual who creates a new business, bearing most


of the risks and enjoying most of the rewards. The process of setting up a
business is known as entrepreneurship. The entrepreneur is commonly seen
as an innovator, a source of new ideas, goods, services, and business/or
procedures.
HOW ARE ENTREPRENEURS HELPING ?

• Entrepreneurs boost economic growth by introducing innovative


technologies, products, and services. Increased competition from
entrepreneurs challenges existing firms to become more competitive.
Entrepreneurs provide new job opportunities in the short and long term.
TYPE OF FIELDS WHERE ONE
CAN BE ENTREPRENEUR 

• Broadly an enterprise or a business can belong


to one of the following categories:
  1. product based
  2. service based
  3. technology based 
RISKS INVOLVED ….

• Entrepreneurs face multiple risks such as bankruptcy, financial risk,


competitive risks, environmental risks, reputational risks, and political
and economic risks. Entrepreneurs must plan wisely in terms of budgeting
and show investors that they are considering risks by creating a realistic
business plan.
REWARDS OF
ENTREPRENEUR ... You live your passion

Great boss

Own time

Own location

Monetary gains

Can make contributions at large scale 


CHALLENGES IN
ENTREPRENEURSHIP ...
• Giving up career
• Team building
• Cash flow management 
• Time management 
• Proper people skills 
• Taking risks and mitigation
ENTREPRENEURSHIP DEVELOPMENT PROCESS

• Step 1 : Finding the right business idea and developing it


• Step 2 : Raising your seed funding 
• Step 3 : Understand customer needs to get paying customers
• Step 4 : Launch your product / service 

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