Young Entrepreneurs

King Sidharth is a multitalented youngster. He is a speaker, author, magazine publisher. As an 11-year-old growing up in Northern India, Sidharth’s first business was a big success. Seven years later, King Sidharth got graduated from high school and he has already made a name for himself as one of India’s top young entrepreneurs. His primary work is in website development and design

Adora started writing when she was four years old. She hasn’t stopped since. At six, Adora received a laptop computer from her mother, on which she quickly amassed a collection of hundreds of short stories and hundreds of thousands of words – typing at 70 words per minute. At the age of seven, Adora achieved her dream of becoming a published author with the release of Flying Fingers: Master the Tools of Learning Through the Joy of Writing. Adora at the age of 12 has transformed her writing success into speaking and teaching success. She has spoken at over 400 schools and presented at the annual TED conference. She has been featured on Good Morning America and on CNN.

Two tech savvy brothers Shravan (10) and Sanjay Kumaran (12) are perhaps the youngest App developers and CEOs from India. Together, they have been successfully running an app developing company called Go Dimensions. Shravan is the Co-Founder and President while his brother Sanjay Kumaran is Co-Founder and CEO of the company. They are the students of Vaels Billabong High International School, Chennai. According to their parents, from the very early childhood they developed interest in computer and spent hours in searching what more to do with it which led them to developing mobile applications.

• Entrepreneur is an innovator, who carries out new combinations in ever-changing environment.
• "One who always searches for changes, responds to it and exploits it as an oppurtunity" - Peter F Drucker

Business

Individual

Entrepreneur

• Entrepreneurship is a dynamic activity.

definition varies from country to country, time to time and level of economic development

French verb "entreprende" which means to undertake

one who takes risk of starting new organizaton or introducing a new idea,product or a service

• Introduction of new product
• Introduction of new methods of production
• Developing of new markets and finding fresh sources of raw materials
• Making changes

• highly goal oriented, enthusiastic and energetic individual

• Success and achievement
• Risk bearer
• Opportunity explorer
• Planner
• Stress taker
• Facing uncertainties
• Independent
• Flexible
• Self-confident
• Motivator

PRIMARY FUNCTIONS

OTHER FUNCTIONS

FUNCTIONS IMPORTANT FOR DEVELOPING COUNTRIES

Primary Functions

(i) Planning

(ii) Organisation

(iii) Decision Making

(iv) Management

(v) Innovation

(vi) Risk bearing

Introduction

Characteristics of Entrepreneur

Functions of Entrepreneurship

Joesph Schumpeter

Qualities of an Entrepreneur

Model

Initiates

Organises

Manages

Controls

Risk Taking

Innovates

Pools up resources

Introduction

Young Entrepreneurs