Name : Abdullah al mahfuj Department : Textile. Program : B .sc in Textile Engineering . ID : 142014007 Green University of Bangladesh

2. Who am I ?
Name : Abdullah al mahfuj
Department : Textile.
Program : B .sc in Textile
Engineering .
ID : 142014007
Green University of Bangladesh

3. ConCept of
entrepreneurship

4. Definition
It is the process of creating something new with value
by devoting the necessary time and effort, assuming
financial and social risks and receiving the resulting
reward.
It is also defined as the dynamic process of creating
incremental wealth.
It is the ability to create and build a vision from
practically nothing.

5. Concept of Entrepreneurship
In all the definitions of entrepreneurship, we are talking
about a kind of behavior that includes;
i. Initiative taking
ii.Organizing and re-organizing of social and economic
mechanism to run resources
iii.The acceptance of risks of failure.

6. Who is Entrepreneur?Who is Entrepreneur?
He/she is one who undertakes to organize,
manage and assume risks of a business.
An innovator/developer
Recognize and seizes opportunities, convert
those opportunities into workable/marketable
ideas.
Add values through time, effort, money or
skills,
Assumes the risk of the competitive market
place to implement those ideas.

7. Importance of EntrepreneurshipImportance of Entrepreneurship
Helps entrepreneurs to fulfill
their personal needs
New venture has economical
contribution
Increase national income by
creating new jobs
Act as a positive force in economic
growth
Bridge the gap b/n innovation and
the marketplace.

8. Function of Entrepreneur
• Innovation (material resources)
• Bearing risk and uncertainty
• Organization building
• Perception of market
opportunities
• Purchasing
• Marketing
• Managing etc.

9. Characteristics of . . .
(what personal qualities do they have?)
Clear vision and objective
Drive to achieve
Commitment
Initiative taking
Persistent problem solving
Self confidence
Risk taking ability