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in Entrepreneurship by (64.4k points)

Sonam, a dropout from 10th class is forced by her mother to start working as a domestic help. Sonam agrees on the condition to do only if every day she is allowed to cook at home and in 2-3 houses as she was fond of cooking. One family turns out to be Punjabi, other Gujarati and the third one is Rajasthani. She cooked their kind of food for an year and to everyone’s surprise, she expressed her desire to open up a small eating joint of her own. All alone, determined, she finally opens “Apna Bhoj”, a small eating joint with her savings and it became a hot spot because of the fusion food platter being offered. Do you think Sonam is an entrepreneur? Give reasons for your answers. Give two value points related.

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Yes, Sonam is an entrepreneur. 

(i)Sonam’s one year occupational experience provides her confidence to start her own business. 

(ii)It converted her hobbies into reality by sheer hard-w v and application of mind. 

(iii)Her desire to work independently and potential efforts, helped her to reduce the element of uncertainity. 

(iv)She is innovative as she created new idea and new market to start business. 

(v)Understanding of the area/market in which she is going to start her business. •She is a creative entrepreneur as, she has taken initiative and created an opportunity for innovation, experimentation and production. 

•Her competitiveness which means willingness to compete honestly with others and providing quality product and services and reduction in price. 

•She is an innovator of ideas, products, practices, services to meet the perceived opportunity, a lot of effort has done by Sonam to convert her dream into reality. Value points: Initiative, resourcefulness, service to others, social service, unwillingness to hurt others.

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