4. Entrepreneurial Skills – I
Entrepreneurship is a crucial driver of economic and social growth, characterized by innovation and risk-taking. It involves the ability to create, run, and manage business ventures, which are particularly significant in the current AI-driven landscape. An entrepreneurial mindset fosters resilience, adaptability, and proactivity, enabling individuals to thrive in various challenges and launch successful enterprises.
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What we have learnt
- Entrepreneurship combines initiative, innovation, and problem-solving.
- Successful entrepreneurs exhibit traits such as leadership, decision-making, and self-confidence.
- Entrepreneurship offers job creation, economic growth, and addresses societal challenges.
Key Concepts
- -- Entrepreneurship
- The ability and readiness to develop, organize, and run a business enterprise along with its uncertainties to generate profit.
- -- Entrepreneurial Mindset
- A way of thinking that empowers individuals to overcome challenges, make decisive choices, and take responsibility for their outcomes.
- -- Types of Entrepreneurs
- Categorization of entrepreneurs based on their approach, such as innovative, imitative, social, serial, and women entrepreneurs.
- -- Barriers to Entrepreneurship
- Challenges such as lack of funding, market access, fear of failure, and regulatory hurdles faced by entrepreneurs.
- -- AI in Entrepreneurship
- Utilization of artificial intelligence to enhance business processes, decision-making, marketing analytics, and financial planning in entrepreneurship.
Additional Learning Materials
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