An entrepreneur is defined in several ways in the document. Adam Smith defined an entrepreneur as someone who provides capital for a business but does not take an active role. Others define an entrepreneur as someone who identifies opportunities to improve an environment, marshals resources, and implements actions to maximize opportunities. An entrepreneur also sets up businesses, takes on financial risk, and hopes to earn a profit. Entrepreneurship involves seeking investment opportunities, organizing an enterprise, raising capital, arranging supplies and managers. It is a creative activity that involves doing things not typically done in the ordinary course of business. Entrepreneurship is a multi-dimensional concept that emerges within socio-economic and cultural settings.

1. NATURE OF
ENTREPRENEURSHIP
XOPHIA MONTAWAL

2. ENTREPRENEUR:
"Entrepreneur as a person who only provides capital
with out taking active part is the leading role is the
enterprise".
-Adam Smith
“A person who is able to look at the environment,
identify opportunities to improve the environment, mar shall
resources, and implement action to maximize those
opportunities”.
-Prof. Robert Nelson

3. ENTREPRENEUR:
A person who sets up a business of
businesses, taking financial risk is the
hope of profit.

4. ENTREPRENEURSHIP:
According to Heggins " Entrepreneurship is meant that
function of seeking investment and production opportunity
organizing and enterprise to undertake a new production
process, raising capital, having labor, arranging the supply of
raw materials, finding site and selecting to managers of day-to-
day operations.

5. ENTREPRENEURSHIP:
"Entrepreneurship is essentially a creations
activity it consists of doing such things are generally
not done in ordinary course of business".
- JOSPH SCHEM PETER

6. NATURE OF
ENTREPRENEURSHIP:
It is an Multi-dimensional concept.
Entrepreneurship as an economic
activity emerge and functions
in Socio-economic and
cultured settings.

7. ENTREPRENEURSHIP
FEATURES:
• Management skills : Leadership/Handling &
involving risk & uncertain.
• High achievement : Targer based
• Decision Making :
• Risk bearing capacity :
No. of times
• Innovations :

8. ENTREPRENEUR'S
COMPETENCIES:
1. Risk taking :
2. Networking : key business
activities/ planning
3. Commercial Aptitude : update
developments/best practices
4. Integrity : values/business decisions
5. Optimism : working hope of success
6. Strategic Planning :
7. Fresh Approaches :
8. Confident :

9. ENTREPRENEUR
ATTITUDES:
1.Capacity and willingness to assume risk
2.Willing to hardwork and be always tenacious
3.Vision and foresightedness
4.Creative and imaginative thinking and innovative
5.Willingness to adopt to change
6.High degree of ambition
7.Total commitment and determination
8.Prompt and sound decision making
9.Ability to organization and administration
10.A long-term vision of the future of your business

10. ENTREPRENUERSHIP
QUALITIES:
1.Initiation 10.Patient
2.Watching for opportunities 11.positive thinking
3.Persistence 12.Self Determination
4.Information seeker 13.Self motivation
5.Qualities conscious
6.Commitment to work
7.Efficient lover
8.Proper planning
9.Eager to learn

11. FUNCTION OF
ENTREPRENEUR:
1.INNOVATION
2.RISK BEARING
3.UNCERTAINTY
4.ORGANIZATION BUILDING
5.PERCEIVING MARKET OPPOTUNITIES
6.PURCHASE INPUTS
7.MARKETING THE PRODUCTS
8.DEALING WITH DBUREAUCRATS
9.MANAGING HUMAN RELATIONS WITHIN THE FIRM
10. INDUSTRIAL ENGINEERING

12. THE END