1. ENTREPRENEURSHIP QUIZ
Contributed by:
Prof. Anjan Rai Chaudhuri,
Indian Institute of
Management, Calcutta

2. WALL STREET
GUESS WHEN
WERE THEY
ABRAHAM LINCOLN ACTIVE ? CHARLES DARWIN
HENRY BESSEMER FLORENCE NIGHTINGALE KARL MARX

3. MANGAL PANDEY SEPOY MUTINY
GUESS WHEN ?

4. All of them were between 1850 - 1860
How is current day to day
existence different from
1860 ?

5. NONE OF THESE EXISTED
HOW DID THIS HAPPEN?

6. HOW DID THIS HAPPEN?
HENRY WALT
THOMAS A. ESTEE
HENRY FORD DISNEY
EDISON LAUDER
HEINZ
•Wanted a better quality of life
•Had a vision of the future
•Experimented & Constantly Improved their offer
•Sought help from others
•Ignored negative views
•Not deterred by setbacks

7. • What is Common
among these people
*Background?
*Their approach?

8. BACKGROUND
MONEY? STAN SHIH RICHARD BRANSON
EDUCATION? EDISON AMAR BOSE
RAY KROC
AGE? HENRY HEINZ
WORK EXPERIENCE? BILL GATES WALTON

9. HOW HAVE THEY BUILT SUCH
GREAT BUSINESS EMPIRES?
IS THERE A METHOD IN THEIR
MADNESS?

10. THE ENTREPRENEURSHIP PROCESS
(CAPTURING OPPORTUNITY WITHOUT OWNING RESOURCES)
ACQUIRING
SPOTTING
RESOURCES
OPPORTUNITY
CREATING &
IDENTIFYING MANAGING A
RESOURCES VENTURE

11. WHAT ARE THE REWARDS
OF BEING
AN ENTREPRENEUR?

12. THE REWARDS OF BEING AN
ENTREPRENEUR
 HIGH DEGREE OF INDEPENDENCE – FREEDOM
FROM CONSTRAINTS
 GET TO USE A VARIETY OF SKILLS AND TALENTS
 FREEDOM TO MAKE DECISIONS
 ACCOUNTABLE TO ONLY YOURSELF
 OPPORTUNITY TO TACKLE CHALLENGES
 FEELING OF ACHIEVEMENT AND PRIDE
 POTENTIAL FOR GREATER FINANCIAL REWARDS

13. WHAT ARE THE
CHALLENGES FACED
BY AN ENTREPRENEUR?

14. THE CHALLENGES OF BEING AN
ENTREPRENEUR
 MUST BE COMFORTABLE WITH CHANGE AND
UNCERTAINTY
 MUST MAKE A BEWILDERING NUMBER OF
DECISIONS
 MAY FACE TOUGH ECONOMIC CHOICES
 MUST BE COMFORTABLE WITH TAKING RISKS
 NEED MANY DIFFERENT SKILLS AND TALENTS
 MUST BE COMFORTABLE WITH THE POTENTIAL
OF FAILURE

15. VINOD NARAYANA
KHOSLA MURTHY
•IZZAT
•MAZAA
•MATLAB
SUNIL AJIT
MITTAL BALAKRISHNAN

16. HOW DO YOU BOIL A FROG?

17. *PUT IT IN ORDINARY WATER
*HEAT IT SLOWLY
*IT DOES NOT REACT TO THE
CHANGE
*ULTIMATELY GETS BOILED
Entrepreneurs are not frogs
See opportunities in change

18. CHANGES
Intermediaries
Demographic Technological
EconomicSuppliers Natural
Publics
Company
Political Social
Legal Cultural
Competitors

19. SO WHAT IS YOUR GREAT
SO WHAT IS YOUR
BUSINESS IDEA?
GREAT BUSINESS
IDEA?