A.P.RESIDENTIAL DEGREE COLLEGE, NAGARJUNA SAGAR Estd :1982

[Audio] Good morning everyone. Today we will be discussing the report on Entrepreneurship Project by A.P. Residential Degree College, Nagarjuna Sagar, affiliated to Nagarjuna University, Guntur. We will also be looking at the socio-economic survey of Proddatur village in Andhra Pradesh. This presentation is the result of hard work and dedication of a group of students and faculty members. Let us take a look at the details..

[Audio] Good morning, everyone. Today I'm here to talk about entrepreneurship and its impact on businesses. Entrepreneurship is a mindset of innovation and risk-taking, with the goal of creating something new or improving existing systems. It involves taking the initiative to identify, assess and pursue new opportunities, risking personal assets and financial resources. It is this drive, energy, and initiative that enable entrepreneurs to develop and create new products or services that generate value and satisfy customers’ needs by filling a gap in the market. Jean-Baptist Say was the first to use the term entrepreneur to describe those who take initiative and assume responsibility to achieve a goal. An entrepreneur sees every challenge as an opportunity and takes risks to create something of value. Through innovation, creativity, and drive, entrepreneurs are changing the way businesses operate and making a positive impact on our world. Thank you..

[Audio] The slide under discussion is the socio-economic survey of Proddatur located in YSR Kadapa District of Andhra Pradesh. Proddatur is well known as the second Bombay for business, as well as the second Mysore for its grandeur in Dussehra celebrations. It is the oldest municipality in the state and became a special-grade municipality in 1998. Proddatur is said to have derived its name from the Ramayana, wherein Lord Ram resided in this area. Many temples are located here in the area, the prominent one being the Rameshwaram located on the banks of Penna River..

[Audio] This slide presents the data analysis and socio-economic survey of the village Proddatur. Through this survey, we have learned that 14.6% of the people are working as electricians while the least percentage of people- 2.4%- are working as teachers, press, and security. Additionally, the population in Proddatur is divided into caste groups, with 5,379 people belonging to the Scheduled Castes, 902 to the Scheduled Tribes and 1798 to the Open Category, but the most populous caste is the Other Backward Caste with 10, 798 people..

[Audio] The research project submitted by Markapuram Sreedhar has identified 10 key problems in his village. These include a lack of proper road facility, inadequate access to electricity, lack of hygiene, insufficient education facilities, inadequate access to drinking water, lack of health and hospital facilities, a lack of an effective drainage system, lack of career awareness, lack of infrastructural facilities, and a lack of employment opportunities. These problems hinder the growth and development of the village and its people. The goal of the project is to find a solution to address these issues and create a thriving, prosperous community..

[Audio] Entrepreneurship is a critical aspect of economic development and innovation. It has the potential to create new jobs and businesses, as well as find solutions to the problems that exist in the current market. In addition to providing economic opportunities, entrepreneurship can also stimulate new employment and create social change, making it a powerful force in today's society. By encouraging businesses to pursue novel methods of production and innovation, entrepreneurs can bring new and improved products and services to their communities. Entrepreneurship has the power to revolutionize and improve the quality of life for all individuals..

[Audio] The importance of entrepreneurship in economics is undeniable. Entrepreneurs not only create and innovate products and services, but also contribute to the economy by generating wealth and paying taxes, which adds to a country’s gross domestic product. They also promote research and development, and improve existing enterprises by modernizing production processes, implementing new technology and helping businesses use existing resources more effectively. This is a powerful example of how entrepreneurship can truly make a difference on the economic landscape.".

[Audio] When starting a business, the main challenges an entrepreneur often faces are financing, planning and hiring the right talent. Getting funds for your business is a crucial issue that has to be addressed, and you need to ensure you have extra funds for a worst-case scenario. Likewise, you need to prepare for all the areas of your business in advance, including sales, development and funding. Finally, it is important to find employees with the right skills, as this will be key to the business's growth. Navigating these three areas can be difficult, so it is important to be aware of the challenges and how to tackle them..

[Audio] As an entrepreneur, it is important to have an effective marketing strategy to reach your target audiences. However, uncertainties and criticism that come along with it may take a toll on your mental health. To counter this, it is important to remain calm and evaluate each criticism with careful consideration. Utilizing the right tools and asking follow up questions to gain more insight may result in valuable feedback that can help you grow your business..

[Audio] As an entrepreneur, an individual requires a range of skills and duties. Optimal utilization of resources and the ability to take risks are vital to maximizing profits. Additionally, goal setting, leadership qualities, open-mindedness, knowledge of products, and problem-solving skills are all important attributes of an entrepreneur. These must be developed and honed in order to successfully conquer new challenges and reach one's goals..

[Audio] The Government of India has taken several significant steps to enhance Indian entrepreneurship. With the introduction of multiple schemes such as Aatmanirbhar Bharat App Innovation Challenge, Startup India Seed Fund, Startup India Initiative, Startup Leadership Program and ATAL Innovation Mission, the government has given encouraging push to the aspiring entrepreneurs. The Prime Minister of India, Mr. Narendra Modi also encourage entrepreneurs to take up one idea and make that idea their life. The government has also set up programs such as Chunauti, Qualcomm Semiconductor Mentorship Program, Digital India Bhashini, GENESIS India Water Pitch-Pilot-Scale Startup Challenge, Ministry of Skill Development and Entrepreneurship and Software Technology Park Scheme to promote entrepreneurship among the youth. All these steps are taken to create a startup ecosystem which will offer opportunities to aspiring entrepreneurs and help them to succeed..

[Audio] Starting a business is a challenging yet rewarding journey. While there are many things to consider, the ten problems identified in this presentation can cause great concern. From cash flow management to choosing a niche and defining a marketing strategy, there is much to think about. Hiring employees, managing tasks, and dealing with competitor challenges can be daunting. Advertising your brand and building your confidence are essential steps too. Overcoming these ten problems will no doubt bring success and put you on the path to success..

[Audio] Starting a business is not an easy feat, but it can be done with the right strategies and support. For entrepreneurs, navigating the many challenges that come with running a business can be difficult. One of the top challenges is choosing a profitable business niche and defining a marketing strategy. Another challenge is securing the necessary funding and finding the right employees. It is important to research and understand each of these challenges to have the best shot at success. Utilizing the help of others with expertise in marketing, funding and employee recruitment can help alleviate some of the stress of running a business. With the right strategies, entrepreneurs can overcome these common challenges to achieve success.".

[Audio] Good afternoon everyone. Today we'll be looking at the Community Service Project Report on Entrepreneurship. We all know that becoming an entrepreneur isn't easy, but it can be done if you build your skills and knowledge, network and understand a market. This project report covers everything you need to know about becoming an entrepreneur, including the Startup India Initiative, how to secure funding and other necessary skills for successful entrepreneurship. We'll also look into the government's measures to make it easier for entrepreneurs wanting to start their business ventures. So, join us on this journey to learn more about the secrets of successful entrepreneurship. Thank you..

[Audio] Through this project, our goal was to inform people within the community about the importance of entrepreneurship and the resources available to them to pursue it. We explained the main objectives of entrepreneurship, government schemes and banking services to help people take their first steps. We also discussed clean and green technology, the types of entrepreneurs, and how to protect the environment. Lastly, we educated on the different types of investments and the need for health and hospitality. We believe that by investing in entrepreneurship, we can provide sustainable livelihoods for our community..

[Audio] For this slide, I'd like to say that there are many ways to improve the lives of people in rural communities. From providing proper road facility and electricity, to ensuring proper hygiene and medical aid, to providing educational and career guidance, the possibilities are endless. However, some major improvements can be made, such as establishing a drainage system, providing infrastructure facilities and drinking water, and ensuring individual toilets for every home. All of these steps would go a long way towards improving quality of life in rural communities..

[Audio] The project that I conducted in my village of Markapuram focused on the various issues facing farmers and rural communities. Through my research I collected information concerning the difficulties of marketing agricultural products, and various other problems faced by people within the community. After studying the issues in depth, I was able to recommend solutions that could be adopted by the government to alleviate the issues to an extent. With the proper allocation of funds, the government can make progress in addressing these problems in the long run..

[Audio] The project report I am presenting today is on entrepreneurship and it is the result of extensive research I conducted. I sourced my information from a variety of sources including field surveys, books, and the internet. To make this project more comprehensive, I even conducted photo collection through field surveys. All of this has enabled me to present a detailed report on the topic of entrepreneurship. Thank you..

[Audio] Today I am proud to present to you a community service project report by Markapuram Sreedhar from 2nd B.Com, Registration No. Y212052105 of A.P. Residential Degree College, Nagarjuna Sagar. I would like to take this moment to thank the college for this opportunity, and to thank the faculty, especially Mr. V. Sowri Babu for their support and guidance. This project is the result of extensive research, understanding the basics of entrepreneurship and putting immense effort in creating a project that would work best. I would like to thank everyone who took the time to view this presentation. At the same time, I want to thank the audience for their attention and kind words. Thank you all..