Entrepreneurial competence
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INNOVATION &
ENTR
EPREN
EURSHIP
DEVEL
OPMENT
PROGRAM

SPARC CONSU
LTANTS PV
T
LTDSTR
ATEGIC PL
ANNING AND RESTRUCTU
RING
CONSULTANTS

STRATEGIC PLANNING AND RESTRUCTURINGCONSULTANTS

SPARC BRINGS YOU THE OUT SIDE WORLD TO YOUR CLASS ROOM
SPARC CONSULTANTS PVT LIMITED
TODAY THE WORLD ECONOMY OFFERS EXCELLENT OPPORTUNITIES FOR CREATION OF WEALTH. WE HAVE THE URGE TO MAKE YOU ALL SUCCESSFUL ENTREPRENEURS FOR CREATION OF WEALTH NOT ONLY FOR YOUR SELF BUT ALSO FOR THE NATIONIN THIS CONTEXT WE ARE COMING UP WITH A SPECIAL COURSE BEING DESIGNED FOR YOU TO BENEFIT FROM OUR EXPERIENCE AND EXTEND YOUR KNOWLEDGE BEYOND WHAT YOU LEARN IN BUSINESS SCHOOLS TO MOTIVATE YOU TO BE DYNAMIC ENTREPRENEURS- ENTREPRENURAL DEVELOPMENT PROGRAMME

GENESIS OF SPARC
Three experienced corporate managers with diverse industry
exposure of four decades and an express desire to disseminate their
knowledge and skills led to the formation of
SPARC CONSULTANTS PVT LTD.

SPARC SERVICES
ENTRPRENEURSHIP DEVELOPMENT PROGRAMMES
JNTUBUSINESS SCHOOLS
ENGINEERING COLLEGESMENTORING YOUNG
ENTREPRENEURSCONSULTANCY

INNOVATION & ENTREPRENEURSHIP DEVELOPMENT PROGRAM• MODULE 1
Entrepreneurial Competence Entrepreneurship concept – Entrepreneurship as a Career – Entrepreneurial Personality - Characteristics of Successful, Entrepreneur – Knowledge and Skills of Entrepreneur.
• MODULE 2 Entrepreneurial Environment Business Environment - Role of Family and Society - Entrepreneurship Development Training and Other Support Organisational Services - Central and State Government Industrial Policies and Regulations - International Business.
• MODULE 3 Business Plan Preparation Sources of Product for Business - Prefeasibility Study - Criteria for Selection of Product - Ownership - Capital - Budgeting Project Profile Preparation - Matching Entrepreneur with the Project - Feasibility Report Preparation and Evaluation Criteria.
• MODULE 4 Launching Of Small Business Finance and Human Resource Mobilization Operations Planning - Market and Channel Selection - Growth Strategies - Product Launching – Incubation, Venture capital, IT startups.
• MODULE 5 Management Of Small Business Monitoring and Evaluation of Business - Preventing Sickness and Rehabilitation of Business Units- Effective Management of small Business.

TIME TABLE 1DATE/DAY SECTION ATIME 10.00-11.20 11.20-13.00
1 6-2-2015 Entrepreneurship concept - Entrepreneurship as a Career KP
Entrepreneurial Personality - Characteristics of Successful, Entrepreneur - Knowledge and
Skills of Entrepreneur. AS 2 7-2-2015 Business Environment - Role
of Family and Society ASAttitude survey for Entrepreneurship
Central and State Government Industrial Policies and Regulations - International Business. KP
3 13-2-2015 Entrepreneurship Development Training and Other Support Organisational Services AS
1. Prefeasibility Study - Criteria for Selection of Product - KP
4 14-2-2015 1. Sources of Product for Business AS 1. Groups formation, Idea feasibility studies-Introduction
Feasibility Report Preparation and Evaluation Criteria. AS
5 20-2-2015 Product presentation work shops Product presentation work shops
6 21-2-2015 Analysis of Attitude survey Product feed back,7 27-2-2015 Ownership - Capital -
Budgeting Project Profile Preparation –AS
Matching Entrepreneur with the Project –KP

TIME TABLE 2DATE/DAY SECTION ATIME 10.00-11.20 11.20-13.00
8 28-2-2015 Financial feasibility template Marketing feasibility template
9 9-3-2015 Review of Financial
Feasibility
Review of Marketing feasibility .
10 10-3-2015 Business Plans PRESENTATION
Business Plans PRESENTATION
11 15-3-2015 Monitoring and Evaluation of
Business
Preventing Sickness and Rehabilitation of Business Units-AS
12 16-3-2015 1. Finance AS2. Human Resource
Mobilization AS3.
1. Market and Channel Selection –KP
13 22-3-2015 1. Product Launching – KP
2.
1. Incubation, Venture capital, IT startups. AS
14 23-3-2015 1. Operations Planning –AS
2.
1. Growth Strategies – KP
15 29-3-2015 Feed back and closing session

GENERAL CONCEPTS OF
ENTREPRENEURSHIP
ENTREPRENEURS, ENTREPRENEURSHIP
AND SMALL BUSINESS
GLOBAL ENTREPRENEURSHIP
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ORIGIN - ENTREPRENEUR• The word entrepreneur is derived
from the French word “Entrepreneur” which means to undertake.
• The webster dictionary explains the term entrepreneur is applicable to one who organizes manages and assumes the risks of a business or a enterprise.

ENTREPRENEUR
Entrepreneur is a person who discovers new ideas and business opportunities , brings together funds to establish a business, organizes and manages its operations in order to provide economic goods and services for the public.
Entrepreneurs have strong convictions and self motivation. They will to grow and prosper tremendously .
Although they take the risk to go bankrupt if they fail in their venture, in majority of cases , they start with nothing and end with positive results.

GUIDELINES• KNOW YOUR BLOOD GROUP-WHY
BUSINESS• MUHURTHAM-WHEN TO START• WAY TO IDEA BANK• START WITH WHAT YOU HAVE --BYE- BYE
PHOBIAS• BUSINESS PLAN • ADOPT VALUES FROM THE BEGINNING• SOCIAL RESPONSIBILITY A FOUNDATION
FOR BUSINESS• HELP AT HAND ANY TIME
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WHY ENTREPRENEUR?WHY NOT?

WHY TO START BUSINESS• Independent Identity• You can Prove your Talent• Implement your Own
Plans/Ideas as you wish• Can be Innovative,• Satisfy urge to lead • Gain popularity• 10 families will be benefitted• Not Answerable to Boss


ENTREPRENEUR VS EMPLOYEE

MORAL AFTER THREE YEARS IF WE
COMPARE THE ASSET VALUE , THE EMPLOYEE’S JOB HAS ZERO ASSET VALUE. THINK ABOUT IT. DOES AN EMPLOYEE OWN THEIR OFFICE OR WORK STATION?SOME ONE ELSE OWNS IT- THE BUSINESS OWNER

SOME MYTHS ABOUT WHY BUSINESS
I WILL EARN A LOT OF MONEY1. EARNING MONEY IS JUST A MILE STONE IN A
LEGITIMATE BUSINESS. CREATION OF WEALTH IS THE GOAL.
2. IF MONEY IS THE ONLY AMBITION , YOU CAN LAND UP BEHIND BARS.
I WILL BE THE BOSS WITH NO TIME OR IDEAS RESTRICTION
1. CUSTOMER IS THE BOSS IN BUSINESS AND HE CALLS THE SHOTS
2. 24/7 YOU ARE WORKING FOR BUSINESS
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THEN WHY BUSINESS ?
BUILD ON YOUR ASPIRATIONS SATISFY CREATIVE URGE -
BUILDING ORGANISATIONSCREATE WEALTH FOR SELF AND
OTHERS AROUND YOUFULFILL SOCIAL RESPONSIBILITY
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ENTREPRENEURIAL COMPETENCIES• Initiative
• Looking for opportunities
• Persistence
• Information seeker

ENTREPRENEURIAL COMPETENCIES
• Quality Consciousness
• Commitment to work
• Commitment to efficiency
• Proper Planning

ENTREPRENEURIAL COMPETENCIES
• Problem Solver
• Self confident
• Assertive
• Persuasive

ENTREPRENEURIAL COMPETENCIES• Effective Monitoring
• Employees Welfare
• Effective Strategist


ENTREPRENEURS IN INDIA 1. First Generation of entrepreneurs: Those entrepreneurs
whose parents or family members have not been in business and were into salaried service.
2. Entrepreneurs from business families: A few socio ethnic group who have dominated the business prominently the Marwadi, Gujarathi, Parsi, Sindhi and Chettiyar, The Tatas, Birlas, Wadias, Murugappa and Singhanias.
3. Minority Entrepreneurs: Low levels of entrepreneurial activity, tribals of central India, the hill people of north east.
4. Women Entrepreneurs

WHAT IS YOUR BLOOD GROUP
• Group A : Am Employed but feel bogged down since feel have ideas to grow in business
• Group B: Am Desperate to make lots of money fast• Group C: Have Family business OR fortunes OR
tradition to take forward• Group D: Have a passion for creating lasting effect and
show the world• Group E: Feel obliged to serve society and create
common wealth
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ENTREPRENEUR CLASSIFICATION(1700S-TODAY)

Chapter 3Chapter 3


ENTREPRENEURIAL COMPETENCIES• Initiative
• Looking for opportunities
• Persistence
• Information seeker

ENTREPRENEURIAL COMPETENCIES
• Problem Solver
• Self confident
• Assertive
• Persuasive

ENTREPRENEURIAL COMPETENCIES• Effective Monitoring
• Employees Welfare
• Effective Strategist


DO YOU HAVE?
• STRONG WILL TO SUCCEED• PIONEERING SPIRIT & LEADERSHIP
QUALITIES• REASONABLE INTELLIGENCE• LOGICAL THINKING• DEDICATION AND COMMITMENT• DILLIGENCE AND PERSEVERANCE• WILLINGESS TO LEARN
SO GO AHEAD
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DON’T IMAGINE DISQUALIFICATIONS
• I DON’T HAVE CAPITAL• I AM AFRAID TO TAKE RISK• I AM NOT FROM A BUSINESS FAMILY• I DON’T HAVE A MANAGEMENT QUALIFICATION• I DON’T HAVE IDEAS
BYE-BYE TO PHOBIAS
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WHEN DO I GET INTO BUSINESS-MUHURTHAM
WHILE STUDYING?BEFORE EMPLOYMENT?AFTER FEW YEARS EXPERIENCE?OR AFTER RETIREMENT? EARLIER THE BETTER-YOU HAVE TIME TO COMMIT
AND CORRECT MISTAKES
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BUSINESS MODELS BUSINESS MODELS DESCRIBES HOW YOUR COMPANY
CREATES DELIVERS AND CAPTURES VALUE. FIRST WEEK IS SPENT IN LAYING OUT YOUR HYPOTHESIS ON
SALES, MARKETING, PRICING,COMPETITORS YOU PUT IN YOUR FIRST PASS FINANCIAL ASSUMPTIONS GO OUT TO GATHER FEED BACK ON YOUR CRITICAL
HYPOTHESES UNLESS YOU HAVE TESTED THE ASSUMPTIONS IN YOUR
BUSINESS MODEL FIRST OUTSIDE THE BUILDING, YOUR BUSINESS PLAN IS JUST CREATIVE WRITING

FUNDING
ENTREPRENEURS, ENTREPRENEURSHIP
AND SMALL BUSINESS
GLOBAL ENTREPRENEURSHIP
SPARC CONSULTANTS PVT LIMITED

FUNDING
ATM- ANY TIME MONEYSOURCES FOR FUND REQUIREMENT AT VARIOUS TIMES BOTH EXPECTED AND UNEXPECTED SHOULD BE LINED UPPLAN FOR REPAYMENT OF INTEREST, PRINCIPALS
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SOME SOURCES FOR FUNDS
OWN AND FAMILY FUNDSCAREFULLY SELECTED PARTNERSBANKSSIDE BUSINESS/JOBNATIONAL INFORMATION
FOUNDATION FOR INNOVATIVE IDEAS
ICRISAT FOR AGRI-BUSINESS IDEASAGA KHAN FOUNDATION,FORD
FOUNDATION,GATES FOUNDATION FOR SOCIAL ENTREPRENEURS
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BUSINESS PLAN
ENTREPRENEURS, ENTREPRENEURSHIP
AND SMALL BUSINESS
GLOBAL ENTREPRENEURSHIP
SPARC CONSULTANTS PVT LIMITED

INNOVATION
GROWTH AND SURVIVAL ARE CRITICAL FOR A LASTING BUSINESS
. CONTINUOUS INNOVATION PROMOTES
CUSTOMER SATISFACTION AND WOW FACTORINSTEAD OF ASKING A CUSTOMER IF HE IS WILLING TO PAY FOR
MINERAL WATER AS SOON AS HE ENTERS WHY NOT OFFER FIRST BOTTLE FREE FOR THOSE WHO WANT.
PIONEERING ADOPTION OF TECHNOLOGIY AND INNOVATIONS PROVIDES FIRST MOVER ADVANTAGE TO THE BUSINESS ?
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BUSINESS PLANS

BUSINESS PLAN
▪ WRITE THE PLAN IN YOUR HEART ▪ IT CANNOT BE OUT-SOURCED. IT IS BASED ON YOUR VISION AND MISSION.
▪ IT IS, SOMETIMES LIKE A DREAM,SOMETIMES THREATENING LIKE A CANE OF A HEAD MASTER,
SOMETIMES CHALLENGE OF YOUR SWEET HEART
SOMETIMES A GUIDING FORCE FOR YOUR DEVELOPMENT
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BUSINESS PLAN
As my professor once said, “Of what use is the knowledge of the wind’s direction to the captain of a ship, if he does not
know where he wants to go?”
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BUSINESS PLAN
A business plan is typically expected to guide a businessman or entrepreneur, to show him the destination and the means to get there. It is a well-thought-out document that spells out a clear plan of action.
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BUSINESS PLAN
GOAL – PLAN = DAY DREAMBUSINESS PLAN IS NOT JUST JARGON ,QUOTATIONS OF
GURUS.ARRAYS OF FIGURESPUTTING DOWN WHAT THE BUSINESS WILL BE AFTER 10/25
YEARS IS A GOAL
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BUSINESS PLAN
A good business plan takes into account four important points:It defines the products or services on offer, identifies the market and target audience and debates their need for the said product or serviceIdentifies competition and determines your company’s advantages and USP Estimates the start-up cost, revenue and expensesDetermines the viability of the business idea
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INGREDIENTS OF A BUSINESS PLAN
BUSINESS IDEA REQUIREMNTS FOR CONVERTING IDEA IN TO BUSINESS MARKET SCENE, TECHNICAL FEASIBILITY ECONOMIC VIABILITY SOURCING OF CAPITAL GROWTH PLANS CONTINGENCY PLAN FOR SURVIVAL
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SOCIAL RESPO
NSIBILITY
ENTREPRENEURS, ENTREPRENEURSHIP
AND SMALL BUSINESS
GLOBAL ENTREPRENEURSHIP
SPARC CONSULTANTS PVT LIMITED

YOUR PERSONALITY BUILDS CORPORATE ETHOS
TATAS, THE HINDU, AND MANY ORGANISATIONS REFLECT THE VALUES OF THE PROMOTERS
IMPLEMENTATION OF YOUR IDEAS AFFECT THE PERSONALITY OF THE ORGANISATION.
YOU HAVE A MAJOR ROLE TO PLAY IN THE CREATION OF THE ETHOS OF THE ORGANISATION
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SOCIAL ENTREPRENEURS
BUSINESS BUILT ON SOCIAL OBJECTIVES SELDOM MISS THEIR GOALS
CARBON CLEAN SOLUTIONS, AVISHKAR SOCIAL VENTURE FUND,BLIND PERSONS ASSOCIATION ARE SOME EXAMPLES OF BUSINESS ENTERPRISE SUCCEDING IN BUSINESS AND ALSO IMPROVING QUALITY OF LIFE .
WHERE THERE IS MORALS THERE IS MARKET
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THANK YO
U
PARTHASARATHY9849697820
SPARC CONSULTANTS PVT LIMITED .
4TH FLOOR, GUMMIDELI COMMERCIAL COMPLEXNEAR OLD AIRPORT
BEGUMPETHYDERABAD
500016 WWW.SPARCINDIA.CO.IN