Wednesday, December 1, 2010

ENTREPRENRURSHIP













Entrepreneurship is defined as"one who undertakes innovations,finance and business acumen in an effort to transform innovations into the economic goods.There are two types of entrepreneurs.Those who pick up an idea that does not occur to anyone else,or invent a new product or process and put in lot of efforts which pay off big time.
People like Bill gates of Microsoft and Steve jobs at Apple come under first category.Second type of entrepreneur refers to people like Warren buffet ,Mukesh ambani, Azim Premji,Narayanamurthy.These people did not invent anything or think  of a unique opportunity for exploitation.The business opportunities through which they made billion of rupees were available to everybody.What they did was bring a special brand of drive,management and organisational ability.

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