Page 112 - open office
P. 112

Unit-4 ENTREPRENEURIAL SKILLS-I




                                      ENTREPRENEURSHIP                                                      5









                         ‘The eternal power has bestowed each of us with some destined work or assignments in our life’.
                         There are numerous types of work and assignments that are being done by a human in his day to
                         day life, as a result of which the cycle of development of human life, society and civilisation does
                         not stop. Concurrently, it is assumed that everyone has to work for their livelihood. When we talk
                         about working to earn a livelihood or for a better standard of living, we find or get into some
                         kind of employment. In the process in which some people work for themselves, some for others
                         and some under others. If you are working for yourself independently and generating your own
                         income rather than receiving a salary, then you are self-employed.






























                         A  self-employed  person  establishes  his  own  unit  or  firm  to  earn  by  implementing  his  own
                         innovative ideas, applying his creativity and management skills and generating his own resources.
                         Self-employment is working for your own job individually or collectively.

                         An individual who is determined to be self-employed and starts his/her own venture with a sense
                         of ownership is known as an ‘Entrepreneur’. These people run their own businesses, taste the fruit
                         of success and are also responsible for failure. They dream for their enterprise to grow and are
                         willing to do whatever it takes to turn their idea into reality.
                         The aim of an entrepreneur is to create an ‘Enterprise’. The process of transforming a business
                         concept into a bigger business enterprise, through planning and management skills is said to be
                         ‘Entrepreneurship’.





               112      Touchpad Information Technology-IX
   107   108   109   110   111   112   113   114   115   116   117