Entrepreneurship is the ability and readiness to develop, organize and run a business enterprise, along with any of its uncertainties in order to make a profit. The most prominent example of entrepreneurship is the starting of new businesses.
What Is Entrepreneurship
In economics, entrepreneurship connected with land, labour, natural resources and capital can generate a profit. The entrepreneurial vision is defined by discovery and risk-taking and is an indispensable part of a nation’s capacity to succeed in an ever-changing and more competitive global marketplace.
The entrepreneur is defined as someone who has the ability and desire to establish, administer and succeed in a startup venture along with risk entitled to it, to make profits. The best example of entrepreneurship is the starting of a new business venture. The entrepreneurs are often known as a source of new ideas or innovators, and bring new ideas in the market by replacing old with a new invention.
It can be classified into small or home business to multinational companies. In economics, the profits that an entrepreneur makes is with a combination of land, natural resources, labour and capital.
In a nutshell, anyone who has the will and determination to start a new company and deals with all the risks that go with it can become an Entrepreneur.
The document provides an introduction to entrepreneurship and entrepreneurs. It defines an entrepreneur as an individual who creates a new business and bears most of the risks and enjoys most of the rewards. It then discusses the characteristics of successful entrepreneurs and the importance of entrepreneurship. The document also covers the history of entrepreneurship, different types of entrepreneurs, factors affecting entrepreneurship, and challenges faced by entrepreneurs in India.
The document discusses various definitions and concepts of entrepreneurship from different scholars and authors. It defines entrepreneurship as a purposeful economic activity that involves innovation, risk-taking, organizing abilities and leadership. Entrepreneurship requires combining capital, technology and human intellect to undertake new production processes and introduce new products, sources of supply and techniques. The document also discusses different types of entrepreneurs such as innovative, imitative, habitual and serial entrepreneurs.
You may have heard the term "Intrapreneur," but what does it mean? What separates an intrapreneur from an entrepreneur and what can they do for your company? Find out here!
10 Most Common Myths about EntrepreneushipMara Mentor
Every entrepreneur needs to be true and honest about their startup route, their skills and ability, as well as their strengths and weaknesses.
Entrepreneurs are known to be risk takers, but for the average entrepreneur themselves, they believe non-entrepreneurs are the most risk-aversive people. According to them the safest path is to take control of their own lives, to construct their own world, and not be dependent on anyone. There is something about their stories which makes people uncomfortable.
An economy that supports entrepreneurship, weakens the profession by wrapping it in destructive myths. A great number of social and cultural myths have been formed around the idea of what it really takes to be an entrepreneur.
The document defines entrepreneurs as individuals who undertake risks to create new business enterprises. It describes the entrepreneurial process and characteristics such as innovation, risk-bearing, and profit potential. Entrepreneurs can be classified in various ways, including by type of business, use of technology, ownership, gender, and size of enterprise. The functions of entrepreneurs include innovation, risk assumption, research, developing management skills, overcoming resistance to change, and catalyzing economic development. The document also discusses some common myths about entrepreneurship.
The document defines entrepreneurship as developing, organizing, and managing a business venture to make a profit, such as by starting a new business. An entrepreneur is an individual who runs their own small business and assumes the risk, rather than working as an employee. Successful entrepreneurs exhibit qualities like motivation, hard work, leadership, determination, creativity, and strong people skills. There are different types of entrepreneurship such as business, trading, industrial, corporate, and agricultural.
This document provides an overview of entrepreneurship, defining entrepreneurs as risk-takers who start new businesses. It discusses the mindset of entrepreneurs, including traits like seizing opportunities and always improving. The document also outlines the different forms entrepreneurship can take and reasons why entrepreneurs are important, such as creating most new jobs and solving problems through innovation.
There is no such thing as a typical entrepreneur. Some entrepreneurs are quiet and hard-working, while others are more outgoing and flamboyant. The key to being a successful entrepreneur lies in the ability to take an idea and then, through the process of innovation, develop it in such a way that it becomes a marketable product or service.
Characteristics of entrepreneurship _ KFUEIT _ Muhammad Hashmi Muhammad_Hashmi
This is a ppt slide about a topic that is Characteristics of Entrepreneurship. I a student at KFUEIT RYK. I hope this will much help you in your studies
Entrepreneurship involves starting new businesses and taking risks to create new products and services. The document discusses entrepreneurs and intrapreneurs, who work within large companies to drive innovation. It also discusses small business owners and the advantages and disadvantages of small businesses compared to large corporations. Key characteristics of successful entrepreneurs are outlined, including traits like creativity, risk-taking, and strong planning skills. The challenges of managing growth and transitioning a business to be more formalized or global are also summarized.
NEED, IMPORTANCE, OPPORTUNITIES, TYPES AND CHALLENGES OF SOCIAL ENTREPRENEURSHIP; GOVERNMENT SCHEMES AND PLANS; FOREIGN COLLABORATION; CASE STUDY ON SEWA.
Ratan Tata is recognized as an accomplished entrepreneur who led the Tata Group's acquisition of Corus, creating the world's fifth largest steel company. As the chairman of Tata Sons, he helped expand the company's global presence through strategic acquisitions. Entrepreneurship involves recognizing opportunities, pursuing them through innovation and risk-taking despite limited resources, and having the flexibility and resilience to adapt to challenges. Successful entrepreneurs demonstrate traits like passion, creativity, self-reliance, leadership, and a willingness to take risks.
There are several ways to classify types of entrepreneurs based on factors like the type of business, use of technology, ownership structure, gender, size of enterprise, and behavior. Some of the main types include trading entrepreneurs, manufacturing entrepreneurs, agricultural entrepreneurs, technical entrepreneurs, non-technical entrepreneurs, private entrepreneurs, state entrepreneurs, joint entrepreneurs, men entrepreneurs, women entrepreneurs, small-scale entrepreneurs, medium-scale entrepreneurs, large-scale entrepreneurs, solo operators, active partners, inventors, challengers, buyers, and life-timers. An entrepreneur is ultimately someone who creates a product or service that people will buy by building an organization to support sales of that product or service.
The document introduces entrepreneurship and discusses the skills and qualities needed for success. It defines an entrepreneur as an individual who runs a small business and assumes the risk. Successful entrepreneurs have both soft skills like managing perceptions and emotional intelligence, as well as hard skills like leadership, marketing, and risk-taking. Qualities like patience, self-discipline, passion, and determination are also important. The document also outlines some advantages like excitement and independence but also disadvantages like irregular income and workload of being an entrepreneur.
This document contains lecture notes from Anubha Rastogi of Vidya School of Business on the topic of social entrepreneurship. Some key points discussed include defining social entrepreneurship as creating social value and pursuing social returns through for-profit businesses. Examples provided of social enterprises include mobile water ATMs, stores for physically handicapped persons, and providing access to clean drinking water. The notes also discuss how social enterprises differ from non-profits, corporations, and governments in addressing social problems. Characteristics of social entrepreneurs are described as being not confined by traditional barriers and developing innovative new models to solve social issues.
ECD Lecture 1 - challenges of entrepreneurshipgayporkkkkkk
This document summarizes the first lecture of an entrepreneurship course. The lecture covered key definitions related to entrepreneurship, motivations for becoming an entrepreneur, important entrepreneurial attributes, types of risks entrepreneurs face, sources and effects of stress for entrepreneurs, and defining ethical issues entrepreneurs may encounter. Assessment requirements for the course included a business plan, individual and group assignments, and class participation. Recommended reading from entrepreneurship textbooks was also provided.
The document defines entrepreneurship and entrepreneurs. It discusses the characteristics of successful entrepreneurs, including commitment, risk-taking, self-belief and adaptability. It also covers the types of entrepreneurships like small businesses and online businesses. The pros of entrepreneurship include freedom and flexibility, while the cons involve an unpredictable work schedule and lack of a regular salary.
This document provides an overview of entrepreneurship and what it means to be an entrepreneur. It begins by defining entrepreneurship as designing, launching, and running a new business venture while taking on associated risks. An entrepreneur is described as someone who is passionate about an idea and works hard to turn it into a reality despite obstacles. The document then discusses characteristics of successful entrepreneurs like commitment, risk-taking, self-belief, and adaptability. It also covers different types of entrepreneurships such as small businesses, online businesses, and home-based businesses. Finally, it outlines pros like freedom and potential high earnings, as well as cons like unpredictable work schedules.
This document defines what entrepreneurship is and identifies the key characteristics of successful entrepreneurs. It begins by defining an entrepreneur as someone who envisions, creates, and evangelizes a crazy idea. It then lists characteristics like commitment, risk-taking, self-belief, and adaptability. The document also discusses the types of entrepreneurships, including small businesses, online businesses, and home-based businesses. It outlines both the pros and cons of being an entrepreneur.
This document defines entrepreneurship and describes who entrepreneurs are. It begins by defining entrepreneurship as designing, launching, and running a new business venture and discusses entrepreneurs as people who envision and evangelize crazy ideas. The document then lists the key topics to be covered, including the definition of entrepreneurship, who entrepreneurs are, why entrepreneurship, characteristics of entrepreneurs, types of entrepreneurships, and pros and cons. It proceeds to discuss each of these topics in detail over several paragraphs.
This document defines entrepreneurship and describes who entrepreneurs are. It begins by defining entrepreneurship as designing, launching, and running a new business venture and discusses entrepreneurs as people who envision and evangelize crazy ideas. The document then lists the key topics to be covered, including the definition of entrepreneurship, who entrepreneurs are, why entrepreneurship, characteristics of entrepreneurs, types of entrepreneurships, and pros and cons. It proceeds to discuss each of these topics in detail over several paragraphs.
This document defines what an entrepreneur is and discusses the key aspects of entrepreneurship. It begins by defining an entrepreneur as someone who envisions, creates, and evangelizes a crazy idea. It then lists the characteristics of a successful entrepreneur, such as commitment, risk-taking, and technical skills. The document also covers the types of entrepreneurships, pros and cons, and concludes by defining entrepreneurship as designing, launching, and running a new business while taking risks to make a profit.
An entrepreneur is defined as someone who envisions, creates, and evangelizes a business idea they are passionate about. The document discusses the characteristics of successful entrepreneurs such as commitment, risk-taking, self-belief, and adaptability. It also outlines the types of entrepreneurships including small businesses, online businesses, and home-based businesses. Finally, the pros and cons of entrepreneurship are presented, with pros being freedom and potential high earnings, and cons including an unpredictable work schedule and lack of a regular salary.
This document provides information about entrepreneurship and entrepreneurs. It defines entrepreneurship as designing, launching, and running a new business or venture. An entrepreneur is described as someone who envisions and evangelizes a crazy idea and looks at life differently by not seeing normal obstacles. The document discusses why people become entrepreneurs such as for unemployment, profit, or lifestyle flexibility. It also outlines characteristics of successful entrepreneurs like commitment, risk-taking, self-belief, resourcefulness, and communication skills. Finally, it briefly describes different types of entrepreneurships like small businesses, online businesses, and serial entrepreneurship.
The document discusses key aspects of entrepreneurship including defining entrepreneurs, their characteristics and skills. It notes entrepreneurs envision and create ideas they are passionate about. They are resilient in the face of challenges and have skills like reliability, proactivity, money management and effective planning. Entrepreneurs communicate well, have technical skills and learn constantly. Being an entrepreneur provides flexibility but requires long hours and administrative tasks. Competition is also a factor entrepreneurs must address.
This document provides an overview of entrepreneurship and entrepreneurial competence. It defines entrepreneurship and discusses who entrepreneurs are and their characteristics. Some key points include:
- Entrepreneurship involves bringing about change to benefit society through new business ventures.
- Successful entrepreneurs have characteristics like risk-taking ability, self-motivation, vision, and persistence.
- There are different entrepreneurial personalities like improvers, advisors, superstars, and artists.
- Factors that affect entrepreneurship growth include economic, social, cultural, and personality factors.
Are great entrepreneurs made or born? Many individuals struggle with this question in the quest of starting and operating a business. It is not an easy task growing a business from the idea stage to a big business with huge profit margins.
Entrepreneurship involves starting a new business to realize an idea and generate profit. The document outlines the key characteristics of entrepreneurs, including undertaking risks, creating value to solve problems, and having flexibility, resilience and strong communication skills. It also discusses the different types of entrepreneurs and businesses, and provides steps for becoming an entrepreneur like ensuring financial stability and identifying problems to solve through networking and consuming varied content.
This document defines entrepreneurship and describes the key aspects of starting a business. It defines an entrepreneur as someone who organizes a business venture to take advantage of an opportunity. There are different types of entrepreneurs, including idealists, optimizers, hard workers, jugglers, and sustainers. The document also outlines characteristics of successful entrepreneurs like being a hard worker, risk taker, and innovator. It discusses the importance of developing a business model and business plan. A business model shows how a business makes money while a plan provides details on goals, operations, management, and finances.
The document discusses entrepreneurship and the characteristics of successful entrepreneurs. It defines entrepreneurship as taking initiative and risk to create new business ventures that solve problems. Successful entrepreneurs tend to be passionate, self-confident, goal-oriented, hard-working, and able to accept change. They have a strong drive to succeed, believe in themselves, and are always looking for new ideas and ways to improve.
This document discusses important entrepreneurial traits and competencies. It begins by outlining an activity to form groups and assign numbers. It then lists several personal entrepreneurial competencies including being hard working, having self-confidence, being future and profit oriented, and being goal oriented. The document continues by listing and describing 16 important entrepreneurial traits such as persistence, responding to feedback, taking initiative, setting standards, and coping with risk and uncertainty. It emphasizes that entrepreneurs must be committed, build on their strengths, act with integrity, and create value for society.
This document provides an overview of entrepreneurship development and entrepreneurial competence. It defines entrepreneurship as engaging in risk-taking to create new business ventures through innovative ideas. An entrepreneur is described as someone who organizes business risks and opportunities. The document outlines the career aspects of entrepreneurship and lists both positive and negative factors. It also describes nine types of entrepreneurial personalities and numerous characteristics of successful entrepreneurs, including risk-taking ability, self-motivation, and creativity. Finally, it discusses the knowledge, skills, qualities and factors that affect entrepreneurship growth.
Personal entrepreneural competencies- for Electrical StudentsCRISTOPHERGONZAGA
This document outlines the personal competencies needed to be a successful entrepreneur in the electrical business. It discusses hard work, self-confidence, being future-oriented, financial literacy, goal orientation, persistence, coping with failure, responding to feedback, taking initiative, listening, setting standards, coping with uncertainty, commitment, building on strengths, reliability, integrity, risk-taking, and more. The key skills highlighted include dedicating significant time and effort to the business, having confidence despite challenges, understanding it as a long-term endeavor, ensuring financial viability, planning goals, persevering through difficulties, learning from mistakes, and taking responsibility.
This document provides an overview of entrepreneurship for cooperatives. It defines entrepreneurial mindset and discusses developing an entrepreneurial mindset through tools like leveraging your assets and aspirations, planning to adapt, building professional networks, and evaluating new product and service ideas. It also covers common drawbacks entrepreneurs face like risk of losing capital and high stress levels. The document concludes by defining cooperatives as people-centered enterprises owned and controlled by members to meet common economic and social needs through democratic management.
This document discusses key traits and considerations for entrepreneurs. It emphasizes that entrepreneurs must be determined, hard-working, and able to concentrate their efforts on their business. They must have faith in their abilities and be willing to deal with problems along the way. Building a successful business also takes time, and entrepreneurs must be prepared to spend several years developing their enterprise to a stable point.
The document discusses entrepreneurship and provides information about becoming an entrepreneur. It defines entrepreneurs as people who organize and manage businesses with initiative and risk. It lists characteristics of successful entrepreneurs like Donald Trump, the Olsen twins, and Jessica Simpson. The document outlines the steps to becoming an entrepreneur, which include having an idea, creating a business plan, obtaining financial backing, promoting the business, and opening it. Students are then assigned to design their own business plan using a template from www.score.org.
SENSING ENTREPRENEURIAL OPPORTUNITY.pptxCHARAK RAY
The document discusses what constitutes an entrepreneur and how to identify entrepreneurial opportunities. It provides examples of entrepreneurial motivation and outlines the process of sensing, exploring, and assessing opportunities. This includes analyzing market needs, evaluating ideas, identifying products/services through innovation, and validating opportunities through market research. The document also includes a case study about entrepreneurs who identified the opportunity to create sustainable packaging from plant-based materials to address the growing demand for eco-friendly options. They faced challenges launching their startup but ultimately achieved business success and a positive environmental impact.
Business risk refers to the possibility of inadequate profits or losses due to unforeseen events. This risk arises from factors outside of a company's control that could negatively impact revenues or increase costs. Events like natural disasters, new regulations, or shifts in customer demand threaten profitability and are part of the inherent uncertainty of business operations.
A business is usually defined as a commercial enterprise
Some are run by only one person who carry out all of the required functions
Others employ thousands of people and provide goods and services to people all over the world
Each business can be defined or described by its type of Ownership, the goods produced or services offered, the types of jobs provided, or the functions
it performs in a community
A case study is a detailed study of a specific subject, such as a person, group, place, event, organization, or phenomenon. Case studies are commonly used in social, educational, clinical, and business research
Human transformation is an internal shift that brings us in alignment with our highest potential. It is at the heart of every major aspect of our lives. It affects how we see and relate to the world and how we understand our place in it.
The word ‘Research’ is comprised of two words Re + Search.
It means to search again. So research means a systematic investigation or activity to gain new knowledge of the already existing facts.
MS-WORD is a part of the bigger package called MS OFFICE, which can do much more than word processing. fact when you open up MS OFFICE you will find four main components in it.
They are MS-WORD (for word processing), MS EXCEL (for spreadsheet), MS ACCESS (for database management), and MS POWERPOINT (for presentation purposes). However, we will limit ourselves to MS-WORD only in this presentation.
PROJECT REPORT, PROJECT REPORT ON COLD STORAGE, PROJECT FINANCE, CAPACITY, TOTAL CAPITAL INVESTMENT, COOL CHAMBER, CAPACITY UTILIZATION, METHODS OF STORAGE, PATTERN OF ASSISTANCE, BASIC DESIGN OF THE COLD ROOM, ANALYSIS OF COST OF COOL CHAMBER, etc.
PROJECT FINANCE, INTRODUCTION, CONCEPT OF PROJECT, TYPES OF PROJECT, MEANING OF PROJECT FINANCING, FEATURES OF PROJECT FINANCING, ADVANTAGES OF PROJECT FINANCING, DISADVANTAGES OF PROJECT FINANCING, etc.
LINEAR ALGEBRA, WITH OPTIMIZATION; VECTORS & MATRICES, LINEAR SUB-SPACES, LINEAR INDEPENDENCE & DIMENSION; MATRIX SUB-SPACES, MATRIX RANK, MATRIX INVERSE, SYSTEMS OF EQUATIONS, etc.
Writing an abstract is an essential part of longer research papers as it summarizes the entire paper in a concise format. An abstract allows researchers to quickly evaluate the content and relevance of a paper. It should convey a synopsis of the paper within a strict word limit, typically 200 words, introducing the topic, research question, methodology, results, and discussion. Fitting all of this essential information within the restrictive word count can be difficult. The key is to write the abstract without focusing on length initially, then edit harshly with a fresh perspective to remove irrelevant information and refine the content to its bare essentials within the limit.
BUSINESS STUDIES PROJECT ON PRINCIPLES OF MANAGEMENTCHARAK RAY
BUSINESS STUDIES PROJECT ON PRINCIPLES OF MANAGEMENT, BUSINESS STUDIES PROJECT REPORT ON PRINCIPLES OF MANAGEMENT, BUSINESS STUDIES PROJECT REPORT ON PRINCIPLES OF MANAGEMENT OF A SWEETS MAKING COMPANY.
BUSINESS STUDIES PROJECT ON MARKETING MANAGEMENTCHARAK RAY
BUSINESS STUDIES PROJECT ON MARKETING MANAGEMENT, BUSINESS STUDIES PROJECT REPORT ON MARKETING MANAGEMENT, BUSINESS STUDIES PROJECT ON MARKETING MANAGEMENT OF A PIZZA MAKING COMPANY.
Join educators from the US and worldwide at this year’s conference, themed “Strategies for Proficiency & Acquisition,” to learn from top experts in world language teaching.
Beginner's Guide to Bypassing Falco Container Runtime Security in Kubernetes ...anjaliinfosec
This presentation, crafted for the Kubernetes Village at BSides Bangalore 2024, delves into the essentials of bypassing Falco, a leading container runtime security solution in Kubernetes. Tailored for beginners, it covers fundamental concepts, practical techniques, and real-world examples to help you understand and navigate Falco's security mechanisms effectively. Ideal for developers, security professionals, and tech enthusiasts eager to enhance their expertise in Kubernetes security and container runtime defenses.
Beyond the Advance Presentation for By the Book 9John Rodzvilla
In June 2020, L.L. McKinney, a Black author of young adult novels, began the #publishingpaidme hashtag to create a discussion on how the publishing industry treats Black authors: “what they’re paid. What the marketing is. How the books are treated. How one Black book not reaching its parameters casts a shadow on all Black books and all Black authors, and that’s not the same for our white counterparts.” (Grady 2020) McKinney’s call resulted in an online discussion across 65,000 tweets between authors of all races and the creation of a Google spreadsheet that collected information on over 2,000 titles.
While the conversation was originally meant to discuss the ethical value of book publishing, it became an economic assessment by authors of how publishers treated authors of color and women authors without a full analysis of the data collected. This paper would present the data collected from relevant tweets and the Google database to show not only the range of advances among participating authors split out by their race, gender, sexual orientation and the genre of their work, but also the publishers’ treatment of their titles in terms of deal announcements and pre-pub attention in industry publications. The paper is based on a multi-year project of cleaning and evaluating the collected data to assess what it reveals about the habits and strategies of American publishers in acquiring and promoting titles from a diverse group of authors across the literary, non-fiction, children’s, mystery, romance, and SFF genres.
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartMohit Tripathi
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
Kalyan Matka Kalyan Result Satta Matka Result Satta Matka Kalyan Satta Matka Kalyan Open Today Satta Matka Kalyan
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Integrated Marketing Communications (IMC)- Concept, Features, Elements, Role of advertising in IMC
Advertising: Concept, Features, Evolution of Advertising, Active Participants, Benefits of advertising to Business firms and consumers.
Classification of advertising: Geographic, Media, Target audience and Functions.
Credit limit improvement system in odoo 17Celine George
In Odoo 17, confirmed and uninvoiced sales orders are now factored into a partner's total receivables. As a result, the credit limit warning system now considers this updated calculation, leading to more accurate and effective credit management.
Delegation Inheritance in Odoo 17 and Its Use CasesCeline George
There are 3 types of inheritance in odoo Classical, Extension, and Delegation. Delegation inheritance is used to sink other models to our custom model. And there is no change in the views. This slide will discuss delegation inheritance and its use cases in odoo 17.
The Value of Time ~ A Story to Ponder On (Eng. & Chi.).pptxOH TEIK BIN
A PowerPoint presentation on the importance of time management based on a meaningful story to ponder on. The texts are in English and Chinese.
For the Video (texts in English and Chinese) with audio narration and explanation in English, please check out the Link:
https://www.youtube.com/watch?v=lUtjLnxEBKo
Views in Odoo - Advanced Views - Pivot View in Odoo 17Celine George
In Odoo, the pivot view is a graphical representation of data that allows users to analyze and summarize large datasets quickly. It's a powerful tool for generating insights from your business data.
The pivot view in Odoo is a valuable tool for analyzing and summarizing large datasets, helping you gain insights into your business operations.
The Jewish Trinity : Sabbath,Shekinah and Sanctuary 4.pdfJackieSparrow3
we may assume that God created the cosmos to be his great temple, in which he rested after his creative work. Nevertheless, his special revelatory presence did not fill the entire earth yet, since it was his intention that his human vice-regent, whom he installed in the garden sanctuary, would extend worldwide the boundaries of that sanctuary and of God’s presence. Adam, of course, disobeyed this mandate, so that humanity no longer enjoyed God’s presence in the little localized garden. Consequently, the entire earth became infected with sin and idolatry in a way it had not been previously before the fall, while yet in its still imperfect newly created state. Therefore, the various expressions about God being unable to inhabit earthly structures are best understood, at least in part, by realizing that the old order and sanctuary have been tainted with sin and must be cleansed and recreated before God’s Shekinah presence, formerly limited to heaven and the holy of holies, can dwell universally throughout creation
AI Risk Management: ISO/IEC 42001, the EU AI Act, and ISO/IEC 23894PECB
As artificial intelligence continues to evolve, understanding the complexities and regulations regarding AI risk management is more crucial than ever.
Amongst others, the webinar covers:
• ISO/IEC 42001 standard, which provides guidelines for establishing, implementing, maintaining, and continually improving AI management systems within organizations
• insights into the European Union's landmark legislative proposal aimed at regulating AI
• framework and methodologies prescribed by ISO/IEC 23894 for identifying, assessing, and mitigating risks associated with AI systems
Presenters:
Miriama Podskubova - Attorney at Law
Miriama is a seasoned lawyer with over a decade of experience. She specializes in commercial law, focusing on transactions, venture capital investments, IT, digital law, and cybersecurity, areas she was drawn to through her legal practice. Alongside preparing contract and project documentation, she ensures the correct interpretation and application of European legal regulations in these fields. Beyond client projects, she frequently speaks at conferences on cybersecurity, online privacy protection, and the increasingly pertinent topic of AI regulation. As a registered advocate of Slovak bar, certified data privacy professional in the European Union (CIPP/e) and a member of the international association ELA, she helps both tech-focused startups and entrepreneurs, as well as international chains, to properly set up their business operations.
Callum Wright - Founder and Lead Consultant Founder and Lead Consultant
Callum Wright is a seasoned cybersecurity, privacy and AI governance expert. With over a decade of experience, he has dedicated his career to protecting digital assets, ensuring data privacy, and establishing ethical AI governance frameworks. His diverse background includes significant roles in security architecture, AI governance, risk consulting, and privacy management across various industries, thorough testing, and successful implementation, he has consistently delivered exceptional results.
Throughout his career, he has taken on multifaceted roles, from leading technical project management teams to owning solutions that drive operational excellence. His conscientious and proactive approach is unwavering, whether he is working independently or collaboratively within a team. His ability to connect with colleagues on a personal level underscores his commitment to fostering a harmonious and productive workplace environment.
Date: June 26, 2024
Tags: ISO/IEC 42001, Artificial Intelligence, EU AI Act, ISO/IEC 23894
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Find out more about ISO training and certification services
Training: ISO/IEC 42001 Artificial Intelligence Management System - EN | PECB
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2. TOPICS:
• THE DEFINITION OF ENTREPRENEURSHIP
• WHO AN ENTREPRENEUR IS ?
• WHY ENTREPRENEURSHIP ?
• CHARACTERISTICS OF AN ENTREPRENEUR
• ENTREPRENEURIAL SKILLS
• TYPES OF ENTREPRENEURSHIPS
• PROS AND CONS OF ENTREPRENEURSHIP
3. WHAT IS ENTREPRENEURSHIP?
• The process of designing,launching and running a new business.
• The capacity and willingness to develop,organize and manage a
business venture along with any of its risks in order to make
profit.
4. WHOIS AN ENTREPRENEUR?
• An entrepreneur is someone who envisions,creates and evangelizes an
idea that they are absolutely crazy about.
• Someone who looks at life differently.An entrepreneur doesn’t see the
normal obstacles that life puts in our way and shy away like most of us do.
Entrepreneurs think the word“no” means“to find a better way”.
Entrepreneurs are continually learning growing and reaching higher
.
8. Increasing National Production
Offering Challenging Career Option
Reinvesting the Profit in the area of Profit Generation
Balanced Area Development
Commercializing New Inventions & Products
Harnessing Youth Vigor
WHY ENTREPRENEURSHIP ?
9. WHY ENTREPRENEURSHIP?
THE NEED FOR A LIFESTYLE N OT BO U N D BY A 9-5 JOB
There’s a lot of hype about having a flexible lifestyle but the truth in
entrepreneurship is that you’re going to work really hard and really long,so
don’t choose this way of life if you’re thinking it’s a shortcut.That being said,
you will work hard,but there’
s much more flexibility to the
entrepreneurial lifestyle than the traditional nine to five and two weeks of
vacation time that corporate life permits
10. WHY ENTREPRENEURSHIP?
LACK OF A FORMAL EDUCATION
Some people become entrepreneurs because they haven’t had the privilege of receiving an
extensive education. Entrepreneurship is an arena where the Idea and results take precedence
over educational background.
BEEN THRO UGH THE SCHOOL OF H ARD KNOCKS
School of hard knocks is an idiomatic phrase meaning the experience gained from living,
especially from disappointment and hard work – often regarded as ameans of education.
11. WHY DO WE NEED ENTREPRENEURS?
• ChangeAgent
• Problem Solver
• Pace Setter
• Excellence Seeker
• Marketing Expert
• Concept Promoter
13. CHARACTERISTICS OFA SUCCESSFUL
ENTREPRENEUR
COMMITMENT
Entrepreneurship will dole out constant challenges,some of which you’ve already considered
but many of which you’ll never see coming.You will face complex financial problems,decision-
based dilemmas,long hours, sudden changes and predictions that may fail;personal lives may
even be challenged a well.
You must remember that all these challenges,while difficult to face,are a natural part of being an
entrepreneur.Success in business ownership is rarely a matter of how many challenges you face
so much as it is a matter of how you face those challenges.Triumphant entrepreneurs have a
level of resilience,which allows them face an almost constant slew of challenges without ever
weakening their resolve.
14. CHARACTERISTICS OFA SUCCESSFUL
ENTREPRENEUR
RISK TAKER
Entrepreneurs are risk- takers,ready to dive dip into the future of uncertainty.Successful
entrepreneurs are willing to risk their time and money on unknowns,but they also keep
resources and plans for dealing with them.
SELF-BELIEF, HARD WORK A N D DISCIPLINED DEDICATION
Entrepreneurs believe in themselves and are confident and dedicated to their project.Their
intense focus on and faith in their idea may be misconstrued as stubbornness,but it is this
willingness to work hard and defy odds that make them successful.
15. CHARACTERISTIC OFA SUCCESSFUL
ENTREPRENEUR
RESOURCEFULNESS
More often than not an entrepreneur has limited resources especially at the initial
stages of the business.Successful entrepreneurs figure out how to get the most out of
these resources.
OBJECTIVITY
Objectivity connotes a lack of bias, judgment or prejudice. Entrepreneurs need to be
dispassionate when it comes to making business decisions because emotion, bias and
sentiment can result in poor choices.
16. CHARACTERISTICS OFA SUCCESSFUL
ENTREPRENEUR
A DAPTABLE A N D FLEXIBLE
Being inflexible about client and market needs leads to failure.Successful entrepreneurs
welcome all suggestions for optimization that may enhance their offering and satisfy client
and market needs.
KNOWLEDGE OF THE PRODUCT A N D MARKET
Entrepreneurs must know their product and market.A lack of awareness of the changing
market needs,competition and external factors can cause a business to fail.
17. CHARACTERISTICS OFA SUCCESSFUL
ENTREPRENEUR
DEPENDABILITY
There is a strong positive relationship between your perceived level of reliability and the
success of your business.Your clients expect you to be dependable and will evaluate you on
the extent to which you do what you say you will do.
PROACTIVITY
Successful entrepreneurs anticipate problems in advance and deal with them before they
occur.
18. CHARACTERISTICS OFA SUCCESSFUL
ENTREPRENEUR
MONEY MANAGEMENT SKILLS
Successful entrepreneurs plan for present and future financial obligations and set aside an
emergency fund.Even after securing funds or going fully operational,a successful business
person keeps a complete handle on cashflow,as it is the most important aspect of any
business.
EFFECTIVE PLANNIG SKILLS
Successful entrepreneurs have a business plan in place,but remain capable of dealing with
unforeseen possibilities.
19. CHARACTERISTICS OFA SUCCESSFUL
ENTREPRENEUR
EXCELLENT COMMUNICATION SKILLS
Exemplary communication is important because you must accurately exchange information
in afast-moving world. Of importance is the ability to listen and truly understand where a
person is coming from.
TECHNICAL KNOWLEDGEA N D SKILLS
Every business requires unique technical skills and knowledge on the part of the owner.You
MUST be good at what you do for your business to succeed.This often means getting
additional training and education on an ongoing basis.
21. TYPES OF ENTREPRENEURSHIPS
Small businesses include mom and pop shops and local businesses.Small businesses can
include sole proprietorships,partnerships and limited liability companies.It’s any business
that has less than 500 employees.
23. TYPES OF ENTREPRENEURSHIPS
Internet based business can be small,home-based,or even large corporations.The key
difference here is that the business is operated primarily online.This includes companies
likeAmazon and Jumiaand any other business that does most of its business online.
25. A home-based business could fit under the category of asmall business, but
the primary factor in this case is that it is run from home,as opposed to an
office or other location.But just because a business is run from home
doesn’t mean it can’t compete with larger businesses. In fact,many large
corporations were started from ahome includingApple and Disney.
TYPES OF ENTREPRENEURSHIPS
26. Many entrepreneurs get the most joy out of starting and building a business,
but not in its continued management, so they sell it to launch anew idea.
they are still considered entrepreneurs because they operate and assume
risk in the business for the time they own it.Other times, serial
entrepreneurs juggle several businesses at once, earning multiple streams of
income.
TYPES OF ENTREPRENEURSHIPS
28. The freedom to pursue your own vision
You can have your own view of the world and entrepreneurship is the only
avenue where you pursue that view and see the fruition of your vision.
Potential earnings of an entrepreneur exceed a salaried employee.
As an employee an employee,no matter how hard you work, the financial
remuneration you receive is limited to your salary and an occasional
bonus.As a self-employed person, you can earn so much more if you hit
the right business idea and execute the business well.
PROS OF ENTREPRENEURSHIP
29. PROS OF ENTREPRENEURSHIP
THE C O N TROL A N D FLEXIBILITY OF YOUR OW N TIME.
As your own boss, you work when you want to work; and stop if you want to stop.You can
tailor your work according to your lifestyle and accommodate various tasks.You can work in
however way you please – in your pajamas,with the TV loudly blaring – without getting amemo
from the personnel department.Self- employment means freedom from rules.
THE O PPO RTUNITY TO LEARN A N D GAIN KNOW LEDGE
The entrepreneur often wears many hats – the strategic planner
,the marketer
,the customer
service rep,and the sales rep,even the bookkeeper.There are a million things you probably
didn’t know before you started your business that you will be forced to learn.
30. PROS ON ENTREPRENEURSHIP
• THE SENSE OF PRIDE A N D FULFILLMENT IN ACCOMPLASHING
THINGS
As anentrepreneur
, you make things happen.You create avision, layout the plans and
pursue the steps needed to make the business a success.Doing all these things can give an
incredible feeling of pride and joy – seeing your website used by people,finding your
products in stores and getting compliments from customers on how your business as
helped them.
31. PROS OF ENTREPRENEURSHIP
THE CHANCE TO SHARE YO UR LEARNING
At the end of the day
,you can have the chance to teach and share with others the things
you’ve learned as an entrepreneur.Sharing what you learned can be a way of giving back to
the community.
32. CONS OF ENTREPRENEURSHIP
WORK SCHEDULE
The work schedule of an entrepreneur can be unpredictable.A major disadvantage of being
an entrepreneur is that it requires more work and longer hours than being an employee.
N O REGULAR SALARY
Being an entrepreneur often means giving up the security of a regular paycheck.If the
business slows down,your personal income can be at risk.
33. CONS OF ENTREPRENEURSHIP
ADMINISTA RTIVE TASKS
When you run a business,especially at the initial stages,you need to check on finances and
other administrative tasks;Salaried employees mostly handle specific tasks.This isn’t the
most fun aspect of being your own boss,but it is crucial to the success of your venture.
COMPETEITION
As a small business owner
,staying competitive is critical.You will need to differentiate your
business from others like yours in order to build a solid customer base and be profitable.
34. CONS OF ENTREPRENEURSHIP
DISRUPTION OF ONES PERSONAL LIFE
Most of your time will be spent trying to keep your business afloat and this could have
adverse effects on your personal life.