Date post: | 24-Jan-2017 |
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Small Business & Entrepreneurship |
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10th December, 2016 Entrepreneurship Development Support 1
How Many Of You Are In
• Skills Training?• Livelihood Creation? • Teaching Financial Literacy?• Mentoring and Handholding?• Entrepreneurship Development?
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Look Carefully
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And This ?
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What Do You See Here ?
Young Lady
Babushka(Grandma)
Depends
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Entrepreneurship Development Support
For the
Economically BackwardRural Society
Ulhas KamatI Create India
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Growth
Trees Grow
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Development
People Develop
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DEVELOPMENT•A new stage in a changing or evolving situation.•It is a Process10th December, 2016 Entrepreneurship Development Support 10
Development Success
Depends on Process & Not on Intent
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Components• Initial Stage
•What we start with (Raw Material)
• Process• System, Tools, People (Implementer)
• Final Stage•What we end with (Finished Product)
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Effectiveness• Understand “Raw Material”• Design Process and Tools
•Being Aware of Characteristics•Being Cognizant of Reaction or Response and Environment
• Achieve Desired End Result10th December, 2016 Entrepreneurship Development Support 13
“Raw Material”
• Academic Achievement - Low• Financial Resources - Shortage• Information- Asymmetry• Skills – May Exist• Confidence – Lacking• Tradition/Culture• Gender Issues• Low Penetration of Technology
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Desired Outcome• Economically Empowered
Individual or Family in Rural Areas• Businesses Started• Jobs Created• Quality of Life
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Entrepreneurial Skills
Mentoring
Domain Knowledge
Access to Capital
Entrepreneurship Success Factors
Domain Knowledge• Skilling• Traditional Crafts• Hobby• Vocational Education• University of “Hard Knocks”
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ROAD MAP• Create Entrepreneurship Awareness
• Dispel Myths• Change The Mind Set
• Training – Entrepreneurial Skills• Mentoring• Financial Linkages• Handholding10th December, 2016 Entrepreneurship Development Support 19
MYTHS• Entrepreneur is a RISK Taker
•Mitigates RISK•Takes Calculated RISK
ART of Risk MitigationA VOIDR EDUCET RANSFER
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….Myths• Money is the most important
requirement to start a businessIDEA is
• Government Gives Money If I Belong To ……………………
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Entrepreneurship is not a Subject It is an
Attitude
Entrepreneurship ……………
Change Of Attitude
• Stories• Role Models• Discussions• Part of Awareness Creation
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Content• Audience Appropriate • Devoid of Theoretical Overload
& Definitions• K.I.S.S. (Keeping It Short and
Simple)
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TOPICS• Idea Generation• Home Work – Research• Business Arithmetic• Financial Literacy• Life Skills – CNN
•Communication, Negotiation, Networking,
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We have to make them learn!
We Can’t Teach
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Learning Styles
By Seeing or Observing
By listening
By Doing (Tactile)
Which Style ?
•Depends on Subject•Majority (almost 70%)
learn by doing
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Methodology• Highly Interactive• Fully Participatory• Group Activity• Adaptive• Learning by Doing
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MENTORING
• One-on-One• Capacity Building• Instilling Self Confidence
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Financial Linkages
• Schemes: PMEGP DAY - NRLM DAY - NULM MUDRA
SHISHU KISHOR TARUN
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I Create Process
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Business Incubation• Set Up Business Incubation Centers (BIC)• Follow the 5 STEP PROCESS
Awareness Training Mentoring Financial Linkages Handholding
• BIC is different from TIC (Technical Incubation Centers)
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I H
The Mantra
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©OPE
Key To Success
Good Idea Great Homework, Opportunity identification and meticulous Planning Excellence In Execution
10
10010th December, 2016 Entrepreneurship Development Support 41
1
SUCCESSCUSTOMER
• Product or Service Quality
• Meeting Commitments
• Customer Relations
CASH FLOW• Managing Cash Flow• Cost Reduction
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Mentoring & Handholding
Who Will Do This ?GEM
Grassroots Entrepreneurship Mentor
Traits Of GEM• Zeal and passion for helping
underprivileged• Ability to Facilitate• Administrative skill – Plan and Organize
events• Willing and able to do the out-reach• Networking Capability• People Skill10th December, 2016 Entrepreneurship Development Support 45
Potential Sources
• Teachers in Higher Secondary Grades• Teaching Faculty of Colleges• Retired Bank Officers• Retired Professionals (Business
Executives, Engineers etc.)• Trainers in life-skills, soft-skills or
vocational skills
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Call to Action• Establish Business Incubation
Centers• Recruit GEMs and Build their
Capacity• Make Use of I Create Model – Idea to
Execution
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I Create Offer• I Create is willing to:
Share Intellectual Property Build Capacity – Institutional &
Individual• Urge NSDC to Integrate Entrepreneurship
with Technical Skills Training – I Create willing to be Knowledge Partner
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Dr KalamDouble click on the box to hear Dr. Kalam
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