TRAINING AND DEVELOPMENT FOR ENTREPRENEURSHIP

  Definition of Entrepreneurship Development Basically, entrepreneurship development is basically the process of improving the skill set as well as the knowledge of the entrepreneurs. This can be done through various methods such as classroom sessions or training   programmers specially designed to increase the entrepreneurial acumen. Another definition of this term could be the process of enhancing the capacity to develop, manage and organize a business venture while keeping in mind the risks associated with it. But instead of complicating things with big words and sophisticated terminologies, let us understand it simply. The process of entrepreneurship development is nothing but helping the entrepreneurs develop their skills through training and application of that training. It instils in them the quality of making better decisions in the day to day business activities. Now that we understand the meaning of entrepreneurship development, let’s discuss the process of entrepreneurship d

  Becoming your own boss and an entrepreneur is the new coveted career choice of the 21 st   century. People are fed up with working jobs that leave them underpaid and unfulfilled. Although some entrepreneurs say they were born to build a company, it’s never been easier for anyone to learn entrepreneur skills that can propel them into building a successful business. Here is a list of 12 effective ways to build entrepreneurial skills that matter: 1. Take a different path. “Creativity is the root of entrepreneurship.” -- Karndee Leopairote, Thammasat University. Creativity is the ability to see things differently and to provide solutions where there are gaps. To build your creativity skills, intentionally try something new. Do something that others won’t do. Read unusual books. Watch a movie in a different language. Travel to an unexpected spot. Talk to people that are out of your circle of comfort. "The Big Short" is a movie that depicts how several opportunist entrepreneurs a

  1. Early Life Ratan Naval Tata is an Indian businessman and chairman Emeritus of Tata Sons. He was born in a famous and a prominent family, belonging to Mumbai’s wealthy Parsi community on 28 December 1937. His childhood was troubled as his parents separated in the mid-1940s. He was seven years old at that time. 2. Educational Background Later, he completed his BSc degree in architecture with structural engineering from Cornell University in 1962 and the Advanced Management Program from Harvard Business School in 1975. 3. Raising Of A Great Business Tycoon He joined the Tata Group in December 1962, after turning down a job with IBM as per the advice of JRD Tata. He was first sent to Jamshedpur to work at Tata Steel. He worked on the floor along with other blue-collar employees, shoveling limestone and handling the blast furnaces. During the course of time, Ratan Tata proved to be instrumental in ushering in a wide array of reforms. It was under his stewardship that Tata Consultancy S

  Tips   Many people have dreams of starting their own business and being their own boss. Unfortunately, not everyone has the qualities to succeed as an entrepreneur. Before taking a leap of faith and quitting your job to pursue your own venture, consider the qualities that contribute to business success, and then assess whether you possess these entrepreneurial qualities. 1 Take the initiative. Being a good entrepreneur will involve being a self-starter, a leader, someone who can accomplish tasks without a supervisor or manager giving instructions. 2 Understand the importance of taking risks. Starting a business and being a good entrepreneur often involves taking certain risks. This can include leaving a secure job to support yourself solely on your self-employed income, or a willingness to invest your savings to start and grow your venture. 3 Develop good organizational skills. Keeping up with client records, managing business funds and running an office will require the ability to m

 Elon Musk - introduction Visionary engineer and tech entrepreneur Elon Musk is best known as the chief executive officer (CEO) of electric car manufacturer Tesla, Inc. ( TSLA ), and as the founder and CEO of aerospace manufacturer SpaceX. This article explores Musk’s journey toward achieving success as one of the world’s top businessmen. Early Life and Education Born and raised in Pretoria, South Africa, 1  Musk exhibited an active  entrepreneurial spirit  from an early age. He received tremendous support from his engineer father and his dietitian mother, who recognized their son's penchant for technology and nurtured his passion. 2  Musk bought his first computer at age 10 and taught himself how to write programming code. And at the early age of 12, the youngster built a fully functioning video game called Blastar, which he reportedly sold for $500. 3  After graduating from Pretoria Boys High School in 1988, Musk briefly attended the University of Pretoria for five months. He

Concept of Entrepreneurship Entrepreneurship is the ability and readiness to develop, organize and run a business enterprise, along with any of its uncertainties in order to make a profit. The most prominent example of entrepreneurship is the starting of new businesses.In economics, entrepreneurship connected with land, labour, natural resources and capital can generate a profit. The entrepreneurial vision is defined by discovery and risk-taking and is an indispensable part of a nation’s capacity to succeed in an ever-changing and more competitive global marketplace. Meaning of Entrepreneur The entrepreneur is defined as someone who has the ability and desire to establish, administer and succeed in a startup venture along with risk entitled to it, to make profits. The best example of entrepreneurship is the starting of a new business venture. The entrepreneurs are often known as a source of new ideas or innovators, and bring new ideas in the market by replacing old with a new invention

  Mark Zuckerberg One might assume that information would abound on the founder of a high-profile, multi-billion-dollar social networking site. Wrong. Information on Mark Zuckerberg is surprisingly scarce. Maybe that's just because the 31-year-old Harvard dropout has only ever held one job: CEO of Facebook. Zuckerberg grew up in the New York City suburb of Dobbs Ferry, N.Y., and attended the Phillips Exeter Academy in New Hampshire. His father is a dentist, his mother a psychiatrist, and he has three sisters. He taught himself how to program computers, and during his senior year in  high school , he and fellow hacker-programmer Adam D'Angelo caught the interest of AOL and Microsoft by creating a Winamp plug-in that could build customized playlists. But both turned down job offers in order to attend college in 2002 -- Zuckerberg to Harvard and D'Angelo to CalTech. But Zuckerberg's undergraduate career in computer science wasn't destined to last. Not content to just s

  Oprah Winfrey "I don't think of myself as a poor, deprived ghetto girl who made good. I think of myself as somebody who from an early age knew she was responsible for herself-and I had to make good."- Oprah Winfrey Oprah Winfrey is living proof that the American dream is alive and well. The illegitimate daughter of a Mississippi sharecropper, she overcame poverty, parental neglect, sexual abuse and racism to become one of the richest and most powerful women in the entertainment industry. Through sheer force of her personality and by simply being herself, she reinvented the talk show and still reigns as the undisputed champ of daytime television. Winfrey was born in 1954 on a farm in Kosciusko, Mississippi. Her unmarried parents drifted apart and moved elsewhere shortly after her birth, leaving her in the care of her maternal grandmother, a harsh but loving disciplinarian whom Winfrey credits with fostering her outgoing personality and precociousness. Under her grandmoth