Group Members
Fahad Kashmiri
Taimour Masood
Zawad Iftikhar
M. Adeel Haider
08-0584
08-0400
08-0408
08-0539
Outlines
Case Study
Introduction to Entrepreneurship
Analysis
Conclusion
Abhisaz.com
Abhisaz.com went public in 2003.
2004, Sales increased to 2.06m INR.
Overall raise of 140% as compare to 2003.
Abhisaz͛s Database constitutes 60,000 diamonds,
Inventory net worth of 350m INR.
Currently 250,000 INR overhead, and business is on breakeven point.
Introduction to Case Study
Suraj Bhai, currently an entrepreneur moved from Surat to Delhi in 1985.
Started work on jewelry shop.
Diamond Grading Certification from Gemological
Institute.
Opened his own jewelry shop in 1997.
Continue..
Initial Shortfalls.
1998, went online; found his first dealer.
First 3 month turnover 200,000 INR.
Strived his way as an intermediary.
Who is an Entrepreneur?
An entrepreneur is an individual who owns a firm, business, or venture, and is responsible for its development.
Entrepreneurship is the practice of starting a new business or reviving an existing business, in order to capitalize on new found opportunities. (paggu.com)
Traits of Entrepreneur
Extraversion vs. Introversion o Entrepreneurs are high on extraversion (Shane
2003)
Openness to Experience o Research confirms positive association between openness to experience and odds of being an entrepreneur. (Zhao and Seibert, 2006)
Agreeableness o Negative association between agreeableness and odds of being an entrepreneur.(Zhao and Seibert,
2006)
Conscientiousness o Entrepreneurs need to be high on conscientiousness since they need to be organized and deliberate to achieve their goals (Barrick and
Mount, 1991. Nicolaou et al. 2008)
Emotional Stability o People who are emotionally stable are more likely to start their own businesses than people who are neurotic.(Rauch and Freese, 2007)
Analysis of Personality of Suraj Bhai
Type A Personality
Ambitious
Perfectionist
Big Five Model
Social
Assertive
Responsible
Organized
Persistent
Self Confident
Curious
Conclusion
Questions?
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