Before the concept of entrepreneurship is explored, it is important to, first, understand the meaning of 'entrepreneur' & also know who can be an entrepreneur. An entrepreneur is someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced. An entrepreneur supplies risk capital as a risk taker, and monitors and controls the business activities. The entrepreneur is usually a sole proprietor, a partner, or the one who owns the majority of shares in an incorporated venture. If one desires to be an entrepreneur, the given equation is what describes, what an entrepreneur actually is
BE YOUR BOSS
AND
CREATE OPPORTUNITIES FOR OTHERS
In Indian social and economical context entrepreneurship development process is absolutely necessary due to the unemployment situation among the literate adults.
This has to be taken care of at the time of choosing the stream of education at UG level after school leaving (10+2).
Graduation and Post Graduation in arts faculty in literature is necessary for the meritorious students dedicated to education destined to teaching professions. But, what about the students of common merit?
They need skill development courses in this world of rapid Technological development.