2. SAE
What is an Entrepreneur?
• An Entrepreneur (ahn’tra pra nur)
is a person who organizes and
manages a business undertaking,
assuming the risk for the sake of
profit. Any person (any age) who
starts and operates a business is an
entrepreneur.
4. SAE
Entrepreneurship
• The Smith-Hughes Act of 1917
(which provided federal funding
for agricultural programs) required
all students to have an
entrepreneurship program – but
they weren’t called entrepreneurs
back then.
5. SAE
Early Entrepreneurship
• These early entrepreneurship
programs were called different
names:
–Farming Program
–Productive or Production
Enterprises
–Ownership
7. SAE
Entrepreneurship Today
• Today, agricultural students are
involved in many different types of
entrepreneurial activities.
• Entrepreneurship in agriculture can
still be raising livestock and
growing crops, but it can be much,
much more than that.
8. SAE
Agricultural Entrepreneurship
• Entrepreneurship: The student plans,
implements, operates and assumes financial
risks in a farming activity or agricultural
business. In entrepreneurship programs, the
student owns the materials and other
required inputs and keeps financial records
to determine return to investments.
18. SAE
Three Aspects of Entrepreneurship
• 1. The identification/recognition of market
opportunity and the generation of a business
idea (product or service) to address the
opportunity
19. SAE
Three Aspects of Entrepreneurship
• 2. The marshalling and commitment of
resources in the face of risk to pursue the
opportunity
20. SAE
Three Aspects of Entrepreneurship
• 3. The creation of an operating business
organization to implement the opportunity-
motivated business idea
21. SAE
Successful Entrepreneurs
• According to the Small Business
Administration, successful
entrepreneurs have five characteristics:
– Drive, which is defined as the most important
attribute. Entrepreneurs can expect long hours,
high stress and endless problems, as they
launch a new business.
22. SAE
Successful Entrepreneurs
• According to the Small Business
Administration, successful
entrepreneurs have five characteristics:
– Thinking Ability, or the characteristic that
encompasses creativity, critical thinking,
analytical abilities and originality.
23. SAE
Successful Entrepreneurs
• According to the Small Business
Administration, successful
entrepreneurs have five characteristics:
– Aptitude for Human Relations. This
characteristic recognizes the importance of the
ability to motivate employees, sell customers,
negotiate with suppliers and convince lenders.
Personality plays a big part in success in this
area..
24. SAE
Successful Entrepreneurs
• According to the Small Business
Administration, successful
entrepreneurs have five characteristics:
– Communication Skills, or the ability to make
yourself understood.
25. SAE
Successful Entrepreneurs
• According to the Small Business
Administration, successful
entrepreneurs have five characteristics:
– Technical Ability speaks to the need of the
entrepreneur to know their product and their
market. They must consider the long- and
short-term implications of their decisions, their
strengths and weaknesses, and their
competition. In short, they need strategic
management skills.
27. SAE
Entrepreneurship
• Some disadvantages
– Will need to put in long hours
– Need money to start
– Have to keep up with government rules and
regulations
– May have to mark hard decisions (hiring, firing,
etc.)
– May lose money
28. SAE
FFA and Entrepreneurship
• During the past decade the Kauffman
Foundation has supported a new FFA
initiative to support entrepreneurship
activities
– Awards program (and money)
– Video “You’re the Boss”
– Materials
29. SAE
FFA Agri-Entrepreneurship Program
• Each state recognizes the agricultural
student who has the best entrepreneurship
program.
• There is cash award of $100 at the state
level.
• All entries at the state level go on for
national competition.
30. SAE
FFA Agri-Entrepreneurship Program
• At the national level, 10 outstanding
entrepreneurship students are recognized.
• There is cash award of $1000 for each
national winner
• The FFA chapters of the national award
winners each receive $500.
31. SAE
Agri entrepreneurs in india
• Gala from bhuj an agri entrepreneur with
technology
• 30-year-old Gala, who's director of JalbinduAgri
Tech. grows export-quality dates and mangoes by
installing a first-of-its-kind computer aided
technology in India.
• After returning from Australia to his native village
Ratual (near Bhuj), Gala aimed to become an agri-
entrepreneur. What helped in installing this
technology was his degree in horticulture
from Queensland University in Australia.
32. SAE
FOOD PRODUCTION
• Investment in Food Production
• Commercial food crop farming is a lucrative
undertaking. With tremendous rise in urban
populations across the world, the need for fresh
foods to cater these people is great. Trends toward
industrialization have left fewer entrepreneurs to
concentrate on food production. It is, therefore, a
good sector for one to make profit, while at the
same time contributing to the world population's
food supply
33. SAE
AGRI TOURISM
• Sunil Bhosle, a farmer in the Jogwadi village in
the Baramatitaluk of Pune district, a 13 acre piece
of land tilled by his entire family round the year
meant an annual income of Rs 60,000-75,000.
This was before he was exposed to the benefits of
agri-tourism six months ago. Bhosle, with the help
of the Agri Tourism Development Organization
(ATDO), opened his farms to tourists in June last
year, charging each Rs 300-350.
36. SAE
Tree Farming
• Tree Farming
Tree farming as an agricultural entrepreneurial
activity is not only a financially rewarding
initiative but also an eco-friendly investment.
Through commercial tree farming, environmental
conservation and protection of natural resources
are ensured. Apart from contributing positively to
the ecosystem, a sustainable supply is created for
industries such as paper and timber processors.
37. SAE
Horticultural Farming
• Horticultural Farming
Horticultural farming involves the
commercial farming of crops such as fruits,
vegetables and herbs. These may be
conventionally or organically produced to
meet market needs. There is always a
growing market for fruits and vegetables,
and anyone growing them can only expect
to make more sales with the passage of time
38. SAE
Agro forestry
• Agro-forestry forms part of the principal
area of horticultural farming. Agroforestry
entails rearing trees and crops on the same
land area. It provides multiple benefits,
since crops raised contribute to revenue
earnings and trees planted not only augment
these earnings but also contribute greatly to
soil and environmental conservation
39. SAE
Herbal & arometic
• Medicinal, herbal and aromatic plants constitute a large
segment of the flora, which provide raw materials for use
by pharmaceutical, cosmetic, fragrance and flavour
industries. They have been used in the country for a long
time for their medicinal properties.
• India is considered as a treasure house of valuable
medicinal and aromatic plant species. It has 15 agro-
climatic zones, 47000 different plant species and 15000
medicinal plants. About 2000 native plant species have
curative properties and 1300 species are known for their
aroma and flavour.
40. SAE
Animal husbandry and dairying
• Where you keep live stock serve it and in
return you get meat leather ,bones
biofertiliser, skin .
• You get milk which is highly demended
over the world .
45. SAE
, International Trade Forum interviewed five agri-entrepreneurs. They hail from
Mali, Mozambique, Uganda, Kenya and Burkina Faso
• TF:What is your core business?
• BI: At SN Ranch Koba we grow, process, package and export fruit and vegetables. These include mangoes, green
beans, melons, djakatou, tropical products and oil seeds such as sesame, cashew and beeswax.
• TF:How did you get started?
• BI: I began in 1996 as a local seller of fruit and vegetables – gradually moving into hotel and restaurant deliveries,
followed by wholesale distribution to the capital and minor exports in the sub-region.
• TF:What has changed since your business began, and how have you adapted?
• BI: We formed a limited liability company (LLC), acquired a packaging plant and scaled our fruit and vegetable
production up to industrial levels. Today we export to Europe, the Middle East, North Africa, USA and Asia.
• TF: What have been your biggest challenges so far, and what do you anticipate for the future of the
agricultural sector?
• BI: It’s a challenge to keep up with the international rules of food security, which are fast-moving. Looking to the
future as arable land becomes scarce in our region, it’s important that we ensure sustainable farming survives and
flourishes in Africa.
• TF: If you could pinpoint three keys to your success, what would they be?
• BI:(1) Single-minded focus: Our strategy has been to establish a top-class reputation in a relatively narrow band of
products rather than accepting mediocrity across a broad range;
• (2) Thoroughness and obsession with quality standards: These days, a business needs to stay ahead of international
certifications to ensure its products are confidently received in export markets; and
• (3) Analysis of trends and market research from around the world: This helps us anticipate and meet consumer
demand.
