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FUNCTIONS OF ENTREPRENEUR, , Entrepreneurs perform various types of functions in the society irrespective of their level, like:, , Foresee: Anentrepreneur is a practical dreamer, he has to visualize the needs of the marke,, inthe society. ‘, Research: An-entrepreneur has to do a lot of exploration before starting a business. He, , finalizes the idea of business only after analyzing the strength, weakness, opportunities and, threat for the new business or the enterprise., , —_, , Plan: Entrepreneur identify the needs and accordingly make plans of execution.

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many ups and downs. There are many myth about entrepreneurship that blow up people, who have thought of it., , Born Entrepreneurs: Many people assume that entrepreneurs are born, not made. But this, is not true, entrepreneurship can be learned. It may be in the genes but, it takes selfawareness and hard work to develop the skills that entrepreneurs have., , Huge Money: It is not necessary that an individual need alot of capital to get a business up, and running, One can start it as small as they can and gradually they can grow their business, with proper planning, having business partners or by attracting investors., , Instant Profit: Itis not always a cakewalk. Some companies are immediately successful but, , some may take some time to reach there and make profit. Entrepreneurship is just like a, seesavy,and there are many ups and down., , Must to have a Good Idea: This concept is not entirely false, but it is misleading. It is, , important to have a good idea, but factors like having a plan for the execution, talent,, leadership, communication are important too., , Luxuri :, Luxuries Pune: Growth of a company helps to outsource or recruit employees for the, ’ ere will always be certain responsibilities that an individual need to work on., , V hen the business is rapi y W i Ter avs ess, V id y STO , an e& epre. i i, . o o P eur de otes more time to the busi, , : y oung: Te Ce. Initely 0 not have to : c young tc €asuccessiul entr P . ,, as been fo und that older adults are more in volved into enti ep eneutr ship It is for all ages., = on