An overview for your next ENTREPRENEURSHIP presentation

What is entrepreneurship?

The capacity and willingness to develop, organize and manage a business venture along with any of its risk in order t make profit. The people who create these businesses are called entrepreneurs.

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Entrepreneurial Process

The entrepreneurial process is a process of pursuing a new venture that involves more than just problem solving in a typical management position. An entrepreneur must find, evaluate, and develop an opportunity by overcoming the forces that resist the creation of something new. The process has four phases:

1.Identification and evaluation of opportunity.

2.Development of business plan.

3.Determination of required resources.

4.Management of resulting enterprise.

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Importance of Entrepreneurship

1. Entrepreneurship improves productivity: Entrepreneurship injects the economy with a fresh batch of higher productivity firms, increases competition among existing businesses, and pushes out less productive ones.

2. Entrepreneurship spurs innovation: new firms are disproportionately responsible for commercializing new innovations, particularly radical innovations that spawn entirely new market or substantially disrupt existing markets.

3. Entrepreneurship creates jobs: new and young businesses, not small businesses, are the engine of net job creation in the economy.

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Strategies used by Entrepreneurs

1. Innovation of new products, services or processes

2. Continuous process improvement (CPI)

3. Exploration of new business models

4. Use of technology

5. Use of business intelligence

6. Use of economical strategy

7. Development of future products and services

8. Optimized talent management

 

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Characteristics that set successful entrepreneurs apart

1. Effective planning

2. Not afraid to take risks

3. Passion and motivation

4. Product and marketing knowledge

5. Adaptable and flexible

6. Strong money management

7. Self-belief, hard work and dedication

8. Right connections

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Benefits of Entrepreneurship

1. Freedom to pursue your vision.

2. The control and flexibility you have of your own time.

3. Opportunity to learn and gain knowledge.

4. The sense of pride and fulfillment in accomplishing things.

5. The highs and lows of self employment.

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Why do people want to become entrepreneurs

1. To change the world.

2. They don’t want a boss.

3. They want flexible hours.

4. They are risk takers.

5. They don’t fit in corporate environment.

6. They are curious.

7. They need a creative outlet.

8. They are ambitious.

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OUR UNIVERSE

What is Universe?

The universe is a huge wide open space that holds everything from the smallest particle to the biggest galaxy. No one knows just how big the universe is. Astronomers try to measure it all the time. They use a special instrument called Spectroscope to tell whether an object is moving away from the earth or towards the earth. Based on the information from instrument, scientists have learned that the universe is still growing outwards in every direction.

Scientists believe that about 13.7 billion years ago, a powerful explosion called “The big bang” happened. This powerful explosion set the universe into motion and this motion continuous even today. Scientists are not yet sure if the motion will stop, change direction or keep going forever.

Amazing Fact: A space vehicle must move at a speed of 11 km per second to escape the earth’s gravitational pull.

Amazing Fact: Scientist believe that hydrogen comprises approximately 90 to 99 percent of all matter in the universe.

 

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Origin of the universe

Most of the astronomers believe that the universe began in a big bang about 14 billion years ago. At that time, the entire universe was inside a bubble that was thousands of times smaller than a pinhead. It was hotter and denser than anything we can imagine. Then it suddenly exploded. The universe we know was born. Time, space and matter all began with the big bang. In fraction of a second the universe grew from smaller than a single atom to bigger than a galaxy. And it kept on growing at a fantastic rate. It is still expanding.

As the universe expanded and cooled, energy changed into particles of matter and antimatter. These two opposite types of particles largely destroyed each other. But some matter survived. More stable particle called protons and neutrons started to form when the universe was one second old. Over the next three minutes, the temperature dropped below 1 billion degrees Celsius. It was now cool enough for the protons and neutrons, to come tighter and form hydrogen and helium nuclei

After 300000 years, the universe had cooled to about 3000 degrees. Atomic nuclei could finally capture electrons to form atoms. The universe was filled with clouds of hydrogen and helium gas.

Amazing Fact: More than 75 million meteors enter the earth’s atmosphere everyday; but they disintegrate before hitting the ground.

Amazing Fact: There are more stars in the universe than there are grains of sand on Earth.

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The composition of the Universe

The chemical composition of the universe and the physical nature of its constituent matter are the topics that have occupied scientists for centuries. Human being, the air we breathe, and the distant stars all are made up of protons, neutrons and electrons. Astronomers like to call all material made up of protons, neutrons and electrons “baryonic matter”. Until about thirty years ago, astronomers thought that the universe was composed almost entirely of this baryonic matter, ordinary atoms. However, in the past few decades, there has been ever more evidence accumulating that suggests that there is something in the universe that we cannot see, perhaps some new form of matter.

According to the latest observational evidence, ordinary matter, including stars, planets, dust, and gas, only make up tiny fraction of the universe (5 percent). The rest is the elusive dark matter (25 percent) and dark energy (70 percent).

Dark energy: A mysterious (and as yet hypothetical) form of the energy which is spread out uniformly throughout space (and time) and which has anti-gravitational properties. It is one of the possible explanations for the current accelerating rate of the universe.

Dark matter: Matter is not visible to us because it emits no radiation that we can observe, but it is detectable gravitationally.

Hydrogen and Helium gas: Hydrogen and helium gas are the most abundant element in the universe. These elements are found in great abundance in stars and gas giant planets.

Stars: A ball of mostly hydrogen and helium gas that shines extremely brightly. Our sun is a star.

Neutrinos: A small particle that has no charge and is thought to have very little mass. Neutrinos are created in energetic collisions between nuclear particles. The universe is filled with them but they rarely collide with anything.

Heavy elements: Planet like ours.

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Amazing Fact: Did you know that if you fell into a black hole, you would stretch like a spaghetti.

Amazing Fact: The sun travels around the galaxy once every 200 million years- a journey of 100,000 light years.

Age of the  Universe

The age of the universe is defined as the largest possible value of a time like curve from the earth at the present epoch back to the big bang. The time that has elapsed on a hypothetical clock which has existed since the big band and is now here on earth will depend on the motion of the clock. According to the preceding definition, the age of the universe is just the largest possible value of time having elapsed on such a clock. It was estimated to be about 13.7 billion years, with an uncertainty of 200 million years, but some recent studies have brought the conclusion that the universe must be at least 14.7 billion years old.

Amazing Fact: The Universe may have neither a center nor an edge.

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Size of the Universe

The size of the universe is 46 billion light years. This is the distance from the planet earth to the edge of the universe. 1 light year is equal to 9.46 trillion km. The visible universe has the diameter of 93 billion light years.

Amazing Fact: The milky way galaxy is whirling rapidly, spinning our sun and its other stars at around 100 million km per hour!

Amazing Fact: The nearest galaxy to earth is Sagittarius Dwarf. it was discovered in 1954 with a distance of 82 light years away followed by Large Magellanic Cloud.

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Ultimate fate of the Universe

The ultimate fate of the universe is a subject of study if the field of cosmology. Either the universe will exist forever or it will cease to exist at some time. It is unknown which of these possibilities will hold true. It is also not known whether the universe will continue to support life.

The Big Crunch predicts that, after having expanded to its maximum size, the universe will finally collapse into itself to form the greatest black hole ever.

On the opposite side of the coin, the Big Freeze foretells of a universe that will continue to stretch forever, distributing heat evenly in the process until none is left to be usable enough. Hence, it is also known as Heat Death.

A more dramatic version of the Big Freeze is the Big Rip. In this scenario, the universe’s rate ops expansion will increase substantially so that everything in it, down to the smallest atom will be ripped apart.

Amazing Fact: There are approximately 10,000 pieces of material revolving around the earth. About 3,000 of these pieces are satellites, the rest are odd bits of debris.

 

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THE POWER OF BELIEF

The power of belief is beyond our imagination. If you believe that this damn thing is going to happen one day with your full spirits and determination, one day it truly will. Their is no limit to imagination, only your vast track of determination and your true self for that creation is needed. The only fear that can stop you is your own self.  Its true for sure that things will take time, obstacles will guard your way, problems will shield you from all the ways, but in the end what will truly win will be your determination, hard work and the power of belief.

If it is meant to be yours no one can stop you. Nature will make all its efforts to keep you in pace with what you desire. Your goals would no longer be away from you. Your mind would be clear. Your destiny would be in front of you. At that time what you have to do is, take a step closer to it. And continue to take small steps each day, every single day and one day you will be at that point of your greatness. The point you were dreaming off so long, the point you were struggling for so long, the point on which your whole life was destined to be.

That day you will be able to tell the cheering crowd that how hard you had worked for this damn day, how hard you have been on yourself through out this journey, how hard it was to live on a small hope and how hard it was to make yourself capable of this great thing. All this will one day would be in your hands only if you believe what you dream. You might have heard the name of Robert Goddard. Who was he? He was the man who invented rockets. He was undoubtedly a great man. But the thing is he wasn’t great just because he invented rockets, it only made his greatness visible, but his real greatness came because he stuck to what he dreamed. Although he faced numerous obstacles on his way but he worked to make his dream come true.

It isthe real game of life the things you believe that are going to happen one day, will happen. The only thing, is your never ending approach, you selfless struggle and your die hard struggle to achieve it.

#LIFE

“IT IS DIFFICULT TO ASSES THE RANGE AND QUALITY OF HUMAN EMOTIONS. THOSE WITH SMILING EVER GREEN FACES MAY HAVE WORM LIKE GRIEFS GNAWING AT THEIR EXISTENCE, AND A DULL, IDIOTIC LOOKING PERSON MAY BE BLISSFULLY HAPPY. LIFE IS A STRANGE, HUMDRUM AFFAIR WHERE EVEN A FEW MOMENTS OF PEACE SNATCHED SHOULD BE PROBABLY BE GRATEFULLY ACKNOWLEDGED”

Leadership Enthusiast ABRAHAM LINCOLN

Our world from past ages has been surrounded and “is” surrounded by great people. These great people have influenced us no matter how early how late, in a day, in a year, in a century or over millennium, but they are created to change the whole world. If they are born, there is a reason and its never late when they show us something that great on which our eyes remain wide open. Among these people the prodigious name of ABRAHAM LINCOLN tops the list.

 “I WALK SLOWLY, BUT I NEVER WALK BACKWARD”.

Born on 12 February in Kentucky, he was the sixteenth president of the United States. His great and zealous works has always strike many souls. His thoughts, ideas and believes were the most encouraging and reviving. His dedication for slaves, the impacting applications, effortless practical involvement for the cause of his nation. His appealing speeches and heart touching words of wisdom makes him a great leader.

“THE BEST WAY TO PREDICT THE FUTURE IS TO CREATE IT”

As a boy he read widely, including bible, Robinson Crusoe and Aesop’s fables. At a young age he started to study law which appealed him and he started taking interest in politics. He liked to read about the history of United Nations. Although he faced many problems and came across many hurdles in his way he stuck to what he dreamed. If freeing 3,500,000 slaves doesn’t make him great than nothing else can.

“BE SURE YOU PUT YOUR FEET IN THE RIGHT PLACE, THEN STAND FIRM”

He won the hearts of his people by dedicating his life for the well being of the citizens of his nation. His full concentration and untiring efforts and struggles had won him the prize of his life. And according to the fact, only these sort of people are really born, lived and leave a great impact in the eyes of the humanity to follow.

Abraham Lincoln was a great man, but he wasn’t great just because he was a great leader or he freed millions of slaves. This only made his greatness visible. But his true greatness came because he stuck to what he believed in. Even though others lacked his interest and he faces numerous obstacles in his way, he worked to make his dream true and that’s why he is one of the most influential leaders of all time

“YOU CANNOT ESCAPE THE RESPONSIBILITY OF TOMORROW BY EVADING IT TODAY”