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Unit-4 Entrepreneurial Skills-II






                                  ENTREPRENEURSHIP                                                     4











                   It is often said that an entrepreneur is an individual who establishes a business for making profit.
                   But it is little realised how entrepreneurs are serving the society and helping in the development
                   of the country.

                      ENTREPRENEURSHIP

                   The aim of an entrepreneur is to establish an ‘Enterprise’  and the process of doing it is
                   entrepreneurship.   ntrepreneurship  is  successful  if  the  entrepreneur  is  creative   innovative
                   and uses the resources that are available in the society or country.   n entrepreneur combines
                   various factors in a creative way in order to generate products as per the needs of customers.
                   Entrepreneurship creates wealth for the self and society as the society develops with facilities and
                   accomplishments by meeting the needs of citi ens. Society can be described as a combination of
                   people living together who play an important role in accomplishing the needs of each other.
                   Entrepreneurship is not only about self-employability but also about completion of life cycle of
                   society. It accelerates the economic growth of the society as it enables wealth creation for the
                   entrepreneur himself and the people who are employed in the enterprise.

                   It also contributes to the finance sector on a national scale for the government in the form of
                   taxation which is then redistributed in the society for different services of the nation.
                    ntrepreneurs  keep  keen  eye  on  the  different  aspects  and  opportunities  in  the  society.   hey
                   identify the needs of people and society and innovatively come up with products or services to
                   cater to their needs.  his enables the society to function more comfortably.




























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