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ESDP programme under Micro, Small and Medium Enterprises (MSME,DI), Suri Branch

   25th June 2020     Project

Some experts think of entrepreneurs as people who are willing to take risks that other people are not. Others define them as people who start and build successful businesses.

Thinking about the first of these definitions, entrepreneurship doesn't necessarily involve starting your own business. Many people who don't work for themselves are recognized as entrepreneurs within their organizations.

Regardless of how you define an "entrepreneur," one thing is certain: becoming a successful entrepreneur isn't easy.

So, how does one person successfully take advantage of an opportunity, while another, equally knowledgeable person does not? Do entrepreneurs have a different genetic makeup? Or do they operate from a different vantage point, that somehow directs their decisions for them?

Though many researchers have studied the subject, there are no definitive answers. What we do know is that successful entrepreneurs seem to have certain traits in common.

We've gathered these traits into four categories:

  • Personal characteristics.
  • Interpersonal skills.
  • Critical and creative thinking skills.
  • Practical skills.

Entrepreneurship Skill Development in Rural areas Though the ESDP programme was initially conceived for urban areas, its potential for rural areas was soon realised. Validity of rural ESDPs for promoting ruralentrepreneurs has been well established now. Careful implementation of ESDPs in rural areas including backward and tribal areas can yield highly positive results. It is expected that there is a need to consider certain specific characteristics of the rural economy and of the rural poor while designing EDPs for rural areas. The entrepreneurial traits can be found in rural areas as in urban areas. The task before the trainer motivator is to modify the EDP approach keeping in mind the above mentioned characteristics of rural areas. And to strengthen and promote the entrepreneurial traits, first of all, by spending more time on promotional (pretraining) activities to spread the message of entrepreneurship to attract potential entrepreneurs.


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