The Entrepreneurship Week was organized from August 21 to 24 under the joint aegis of Innovation-Incubation Center and E-cell at Medi-Caps University Indore. The chief guests were Akshat Bharani, Shikhar Singh and Nishith Biyani, alumni of Medi-Caps University. Respectively Bharani is the Founder and CEO of 10X Digital. Singh M.O.S. Biyani is the founder of Techno Engineers and the founder of Nescon Technologies.
The Vice Chancellor of Medi-Caps University, Dr Dileep K. Patnaik and Pro Vice-Chancellor D. K. Panda were the special guest. Bharani, while explaining entrepreneurship in simple words, said that entrepreneurship is a risks of uncertainties. to get continuous success in this field we must face risks.
He also explained the things said by scholars Franklin Lindsay, Joseph Schumpeter, J.E. Stepanek, H. W. Johnson etc on entrepreneurship. Singh said that in the field of entrepreneurship, the entrepreneur has to take risky decisions continuously.
When this continuity comes in the conduct of the entrepreneur, then the graph of failure starts coming down and success starts coming.
Talking about the types of entrepreneurs, Biyani said that the type of entrepreneurs is determined by the intention of the entrepreneur to do business i.e. purpose.
So there can be as many types of entrepreneurs. But all types of entrepreneurs are completely classified into the four types described by Clarence Denhoff. In the program organized under the conduct of student Aditi Arya, the chief guests also shared their views based on their experience on the debut in the field of entrepreneurship, the nature of this field, present and future potential.