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Entrepreneurship
Education.
What’s
Entrepreneurship?
“What is Entrepreneurship?”
Entrepreneurship is the act of being an entrepreneur, which is a French word meaning "one
who undertakes innovations, finance and business acumen in an effort to transform
innovations into economic goods.
Entrepreneurship Need
and Reasons
Need for
Innovation
Exponential
Growth
Make a difference to
society
Make it
Better!
Explore Potential
Building from scratch
Leave
a Legacy
Leave a legacy
Picture can Be Used for Growth
How it
Impacts Society
Creates Employment
Creates Efficiency
Creates
Wealth for
nations
History of
Entrepreneurship
History of Entrepreneurship over the Centuries
Entrepreneur
Entrepreneur is the person who brings about a
change and possesses characteristics to
implement ideas to benefit the society as a
whole.
Entreprenuership Presentation at IIT e-Cell
Kind of Entrepreneurs'
Entrepreneurial Traits
How to identify the keeda 
How to Identify if the Keeda is going to stay and
trouble you for life 
What we imagine and what it actually is 

Chief Everything Else Officer
Loves to Take Responsibility,
this doesn’t seems to be too Much 
What makes entrepreneurs
Entrepreneurial
Managerial Thinking – Causal
Reasoning
Strategic Thinking – Creative Causal
Reasoning
Entrepreneurial Thinking – Effectual
Reasoning
Entrepreneurs Vs Working for Somebody

“Entrepreneurship Vs Job”
Preparing your
Mind
Entrepreneurs' Line of thinking
Fear the BIGGEST Barrier, Overcoming Fear
Preparing for the Test Match, This is not T 20
Leave the Bad Balls and Stay on the Pitch,
Its Never Late, Donot give up
Between you and Amitabh Bachan, He has Failed more,
But what matters is who wins more
Social Preparation.
People can't do something' themselves. They wanna tell you, you can't do it.
If you want somethin', go get it.

Don't ever let somebody tell you...
You can't do something.
Consumption: Today or Later.
Invest today, Reap later
.
Understanding Risk
Understanding Business Risk.
•

Misreading the Market

•

Unable to scale

•

Implementation

•

Planning

•

Investor risk

•

A high percentage of new businesses fail within the first few
years.
Overestimating the appeal of your product or service.
Inadequate initial financing.
Poor financial controls can sink a new business even if the
idea of the business is a good one.
The new business consumes the time you devote to family and
friends

•
•
•
•
Personal Financial Planning.
•

•

Strategies and timelines
for accomplishing your
goals.
Create and
review a
financial plan.

Managing risk is essential
to your long-term financial
security & protect you from
financial catastrophe.
Obtain
adequate
insurance.

•

•
Organize your
financial
records.

Evaluate where you're at
today and set the stage
for your goals and
priories going forward.

Don’t keep unnecessary
loans and credit card
debt

•
Reduce or
minimize
consumer
debt.

•

Have enough cash on hand to
cover three to six months of
basic living expenses .

Calculate your
net worth.

Build an
emergency
fund.

Establish a
spending plan.

•

This is simply a matter
of figuring out what
you own less what you
owe.

Have a balanced
spending plan
Opportunity
Spotting the Opportunity.

•
•
•
•

•
•

Start to believe you can.
Don’t focus on the problems, focus on
finding opportunities.
Think of what it is you want to
achieve.
Think about how you can accomplish
your goal.
Take different views of the situation.
Make it a habit, see every problem as
an opportunity.
Building the Team
Team is Money, Money is Team
Partnerships Make it Happen.

Share Values
And
Vision.
Complement each other.
Choose a partner who complements your skills.

Steve Wozniak: Production

Steve Jobs : Sales & Vision
Go to Market Plan
When to start
on my own?
How to increase my chances of success as an
entrepreneur?
Should I try to get funding for my business?If yes, when?
Take funding when you are looking to scale up aggressively

.
How Does Start Up Funding Work
Always think through Investor Hat, He is in to
Make Money.. not Charity!
Early Stage Investment Thinking
Scaling Stage Thinking
Exit Stage Thinking, This is where Money is
Made for all Fuss 
I have many ideas,
which one should I begin with?
•

Take time to brainstorm about possible
ideas.

•

Start with the one you can begin today or
fastest.

•

Focus on customers and what their
needs / wants are.

•

Look for demand.

•

Review the competition.

•

Do you have the required Skills /
Resources / Time.

•

Do you feel confident you can execute
the idea.
History of Ideas
In short..
Entrepreneurship is about…
those who dare to dream the
dreams and are foolish enough
to try and make their dreams come true.
Entreprenuership Presentation at IIT e-Cell
Thank You
Feel free to contact us for further queries
samar@iksula.com

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