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Entrepreneurship has proven to be quite essential over the years since it has the ability to improve standards of living and create wealth not only for entrepreneurs but also for related businesses. Entrepreneurs also help drive change with innovation, as new and improved products enable new markets that can be developed further. Entrepreneurial management is the practice of applying entrepreneurial knowledge and utilizing the same to increase the effectiveness of new business ventures as well as small- and medium-sized businesses. Many new entrepreneurs often have ideas for businesses that they want to explore, or products they want to create, but they lack the practical knowledge that is required to manage a small business effectively. Thus, entrepreneurial management facilitates the innovation inherent in entrepreneurship with a more solid management structure.
00:00:00 - Introduction
00:02:40 - Agenda
00:05:41 - What is Entrepreneurial Management?
00:11:00 - Entrepreneur vs Manager
00:17:18 - Entrepreneur vs Businessman
00:22:16 - The journey of an Entrepreneur
00:29:36 - Steps in Entrepreneurial Process
00:34:54 - Types of Entrepreneurship
00:40:58 - Entrepreneurship Styles
00:46:50 - Characteristics of Entrepreneurship
00:52:48 - How do Entrepreneurs benefit society?
00:57:50 - Need for Entrepreneurial Management
01:01:24 - Benefits of Entrepreneurial Management plan
01:04:53 - Summary
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