CHSE Odisha Fundamentals of Entrepreneurship study plan
CHSE Odisha Fundamentals of Entrepreneurship · Give each week a clear focus.
8 weeks · About 6 hours per week
Entrepreneurship: Concept, Nature and Significance
Define entrepreneurship, intrapreneurship and self-employment in your own words and distinguish each from a salaried job
Classify at least eight named Indian entrepreneurs by type (innovative, imitative, Fabian, drone) and justify each label
Explain the economic significance of entrepreneurship in terms of employment generation, capital formation, balanced regional growth and export earnings
Summarise the nature of entrepreneurship as a process, an attitude and a set of functions, and note how it differs from management
Your checkpoint
A one-page concept map plus a 300-word written note defining the four entrepreneur types with one Odisha or Indian example each
Entrepreneurial Traits, Motivation and Competencies
List the core entrepreneurial traits (risk-bearing, initiative, achievement motive, self-confidence, persistence, opportunity alertness) and give one behavioural indicator for each
Explain McClelland's need-for-achievement theory and how it predicts entrepreneurial behaviour
Differentiate between traits, motives and competencies, and describe how competencies can be acquired through training
Assess your own strengths and gaps against a ten-item trait checklist and identify three to develop
Your checkpoint
A completed self-assessment table scoring yourself on ten traits with a short justification per score and three named development actions
Entrepreneurial Environment and Ecosystem Support
Map the components of the entrepreneurial environment: economic, social, cultural, political, legal, technological and natural
Identify the national and state-level institutions that support entrepreneurs and state the specific service each provides
Explain how government policy, licensing and taxation shape the viability of a new venture
Describe the elements of an entrepreneurial ecosystem (finance, markets, human capital, support services, policy) and locate Odisha's position in it
Your checkpoint
An environment scan table listing at least ten factors affecting a chosen local business idea, each with a positive or negative impact rating
Business Idea Generation and Opportunity Identification
Apply at least four idea-generation techniques (brainstorming, observation of unmet needs, problem listing, market survey, adaptation of an existing product) to produce candidate ideas
Screen ideas using a feasibility grid covering market demand, capital need, skills required and competition
Distinguish a mere idea from a genuine opportunity using the criteria of attractiveness, durability and timeliness
Conduct a short field survey of ten potential customers to test demand for your top idea
Your checkpoint
An idea funnel document with twenty raw ideas narrowed to one selected opportunity, including the screening scores and a summary of the ten-customer survey
Business Planning and Project Formulation
Explain the meaning, importance and contents of a project report and a business plan
Draft the market, technical and financial sections of a project report for the selected idea
Prepare a simple break-even calculation and a projected profit-and-loss statement for the first year
Identify the statutory registrations and licences a small venture in Odisha would need
Your checkpoint
A complete draft project report of 1,500 to 2,000 words covering market, technical, financial and legal sections with a break-even figure
Small Business Management and Functional Areas
Describe the functional areas of a small business: production, marketing, finance, human resources and inventory
Compare the forms of business organisation (sole proprietorship, partnership, limited liability partnership, company) on liability, control and compliance
Explain working capital management and the main sources of short-term and long-term finance for a small firm
Outline the basics of GST registration, invoicing and record-keeping obligations for a small enterprise
Your checkpoint
A one-page operations blueprint for the chosen venture covering legal form, staffing, funding sources and monthly record-keeping routine
Entrepreneurship Development Programmes and Institutional Support
Trace the evolution and objectives of entrepreneurship development programmes in India
List the major institutions (EDII, NIESBUD, SIDBI, NSIC, DIC, KVIC, MSME development institutes) and match each to the support it offers
Describe the phases of an EDP from selection of trainees through follow-up
Identify the specific schemes and incentives available to a first-time entrepreneur in Odisha
Your checkpoint
An institution-support directory of at least eight bodies with the service, eligibility and application route for each
Business Ethics, Social Responsibility and Sustainable Enterprise & Entrepreneurship: Concept, Nature and Significance & Entrepreneurial Traits, Motivation and Competencies
Explain business ethics and distinguish ethical practice from legal compliance
Describe corporate social responsibility, its arguments for and against, and how small firms can practise it
Outline the idea of a sustainable enterprise covering resource efficiency, waste reduction and local sourcing
Revise the highest-weight domains through timed practice and close remaining gaps
Your checkpoint
A 600-word ethics and sustainability statement for the chosen venture plus a scored full-length mock test with an error log
Milestones
Week 2: You can define entrepreneurship and the four entrepreneur types without notes and have a completed self-assessment of ten traits
Week 4: You have narrowed twenty ideas to one tested opportunity with survey evidence and can explain what makes it an opportunity rather than an idea
Week 6: A full draft project report exists with a break-even figure and a chosen legal form and funding route
Week 8: You score at least 70 percent on a full-length mock across all eight domains and can name every major support institution with its service