A Diamond Personality

Group Members

• Fahad Kashmiri 08-0584• Taimour Masood 08-0400• Zawad Iftikhar 08-0408• M. Adeel Haider 08-0539

Outlines

• Case Study• Introduction to Entrepreneurship• Analysis• Conclusion

Abhisaz.com

• Abhisaz.com went public in 2003.

• 2004, Sales increased to 2.06m INR.

• Overall raise of 140% as compare to 2003.

• Abhisaz’s Database constitutes 60,000 diamonds, Inventory net worth of 350m INR.

• Currently 250,000 INR overhead, and business is on breakeven point.

Introduction to Case Study

• Suraj Bhai, currently an entrepreneur moved from Surat to Delhi in 1985.

• Started work on jewelry shop.

• Diamond Grading Certification from Gemological Institute.

• Opened his own jewelry shop in 1997.

• Initial Shortfalls.

• 1998, went online; found his first dealer.

• First 3 month turnover 200,000 INR.

• Strived his way as an intermediary.

Continue..

Who is an Entrepreneur?

• An entrepreneur is an individual who owns a firm, business, or venture, and is responsible for its development.

• Entrepreneurship is the practice of starting a new business or reviving an existing business, in order to capitalize on new found opportunities. (paggu.com)

Traits of Entrepreneur

• Extraversion vs. Introversiono Entrepreneurs are high on extraversion (Shane

2003)

• Openness to Experienceo Research confirms positive association between

openness to experience and odds of being an entrepreneur. (Zhao and Seibert, 2006)

• Agreeablenesso Negative association between agreeableness and

odds of being an entrepreneur.(Zhao and Seibert, 2006)

• Conscientiousnesso Entrepreneurs need to be high on

conscientiousness since they need to be organized and deliberate to achieve their goals (Barrick and Mount, 1991. Nicolaou et al. 2008)

• Emotional Stabilityo People who are emotionally stable are more likely

to start their own businesses than people who are neurotic.(Rauch and Freese, 2007)

Analysis of Personality of Suraj Bhai

• Type A Personality

• Ambitious

• Perfectionist

Big Five Model

• Social• Assertive• Responsible• Organized• Persistent• Self Confident• Curious

Conclusion

Questions?