Introduction to Entrepreneur — Syllabus
NIOS · Class 10 · Entrepreneurship
What Introduction to Entrepreneur covers in NIOS Class 10 Entrepreneurship: 4 topics, for the 2026-27 session.
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Topics in Introduction to Entrepreneur
Meaning of an Entrepreneur
- The word entrepreneur comes from the French word entreprendre.
- Entre means between and prendre means to take.
- An entrepreneur is a person or group of persons willing to take the risk of a new venture.
Traits of a Successful Entrepreneur
- A successful entrepreneur needs entrepreneurial spirit.
- Desire to do is important: a person must want to work and succeed in the venture.
- Risk taking is a key trait; an entrepreneur is defined as someone willing to take risk.
Classification of Entrepreneurs
- Entrepreneurs can be classified under various traits and these traits need not be mutually exclusive.
- On the basis of nature of enterprise: Trading entrepreneur, Manufacturing entrepreneur, Business entrepreneur.
- On the basis of depth of technology employed: Technopreneur, Non-Technoprenuer, Professional Entrepreneurs.
Functions of an Entrepreneur
- The first function of an entrepreneur is identifying opportunities and taking initiative.
- The entrepreneur arranges resources such as human resources, capital, machinery, and tools.
- Risk taking is a major function because the entrepreneur guarantees payment to labour, suppliers, and lenders and bears the loss of any contingency.
Key Concepts
Central concept: Entrepreneur
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Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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