Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

What Makes an Entrepreneur?A Case of Agripreneur


Affiliations
1 Assistant Professor, Parul Institute of Management and Research, Parul University, Gujarat, India
2 Finance Student, Parul Institute of Management and Research, Parul University, Gujarat, India
     

   Subscribe/Renew Journal


Mr. Dipak Arvindbhai Bhatt is the son of a marginal farmer, who was compelled to join family business 25 years back in 1994 due to ill health of his father at the cost of his studies. He was concerned about the bread and butter for the family as his business was quite debt drowning. When he joined the business, there was a debt of 1.2 million rupees against the assets of only four cattle and 8 acre (20 bigha) land. But his focused, flexible, and determinant attitude took his business up to a 20 million rupees venture along with 40 cattle and 65 acre (162 bigha) land. This case attempts to demonstrate the traits of entrepreneur, importance of marketing, and development of new market for milk products

Keywords

Entrepreneur, Dairy Farming, Entrepreneurial Traits, Decision Making, 5Fs, 4Ps.
Subscription Login to verify subscription
User
Notifications
Font Size


  • Different Pricing Strategies: Which Is Right for Your Business? (2018, December 21). Retrieved June 19, 2019, from QuickBooks website: https://quickbooks.intuit.com/r/pricing-strategy/6-different-pricing-strategieswhich-is-right-for-your-business
  • Avhad, S. R., Kadian, K. S., Verma, A. K., & Kale, R. B. (n.d.). Entrepreneurial behaviour of dairy farmers in Ahmednagar district of Maharashtra, India. Agricultural Science Digest, 35(1), 56–59. Retrieved from https://doi.org/10.5958/0976–0547.2015.00011.7
  • Bhattacharya, A. (n.d.). Big money, small cities: Modi’s ambitious startup initiative is revving up. Retrieved February 10, 2019, from Quartz India website: https://qz.com/india/1179750/startup-indias-plans-for-2018-more-money-cities-and-women/
  • Bygrave, W. D., & Zacharakis, A. (2011). Entre-preneurship. Retrieved February 10, 2019, from http://www.roletech.net/books/Entrepreneurship2ndEdition.pdf
  • Challenges Faced by the Indian Dairy Sector. (2018, June 1). Retrieved June 19, 2019, from https://www.franchiseindia.com/wellness/challenges-faced-by-theindian-dairy-sector.11159
  • Cows - Information & Facts on Cows, Bulls & Calves. (n.d.). Retrieved February 27, 2019, from Animal Corner website: https://animalcorner.co.uk/animals/cows/
  • CP, S. (2018, April 12). 10 Must Have Traits of a Successful Entrepreneur. Retrieved June 19, 2019, from The Startup website: https://medium.com/swlh/10-must-have-traits-of-a-successful-entrepreneurd46519452b0e
  • Direct Letterbox Marketing. (n.d.). Retrieved June 19, 2019, from Direct Letterbox Marketing website: https://www.directletterboxmarketing.co.uk
  • Do you know this term? (n.d.). Retrieved February 10, 2019, from BusinessDictionary.com website: http://www.businessdictionary.com/definition/entrepreneur.html
  • Financial Skills for Entrepreneurs SkillsYouNeed. (n.d.). Retrieved June 19, 2019, from https://www.skillsyouneed.com/rhubarb/financial-skills-entrepreneurs.html
  • Importance of Artificial Insemination in Dairy Farming — Vikaspedia. (n.d.). Retrieved February 27, 2019, from http://vikaspedia.in/agriculture/livestock/cattle-buffalo/breeding-management-1/importance-of-artificial-insemination-in-dairy-farming
  • International Atomic Energy Agency, & Joint FAO/IAEA Programme of Nuclear Techniques in Food and Agriculture. (2007). Improving the reproductive management of dairy cattle subjected to artificial insemination. Vienna, Austria: International Atomic Energy Agency.
  • Porchezhiyan, S., Sudharshan, A., & Umamageswari, M. S. (2016). Entrepreneurial behavioural index of dairy farmers in the northern districts of Tamil Nadu. Indian J. Eco. Develop., 4(1), 2320–9828.
  • Prasad, K., Savale, S., Mahantesh, M. T., Pavan, M., Barman, D., & Abraham, J. (2017, June 10). Socio-Economic Profile and Constraints Faced By Dairy Farmers of Wayanad District, India. Retrieved from https://www.ijcmas.com/6–6-2017/Kotresh%20Prasad,%20et%20al.pdf
  • Ramachandran, S. (2019, January 9). 2018 was the year when Indian startups attracted new investors, welcomed new “unicorns” and began showing signs of maturity. Retrieved February 10, 2019, from YourStory.com website: https://yourstory.com/2019/01/2018-india-startups-funding-roundup-unicorns/
  • Sadashive, S. M., Pathade, S. S., Sawant, M. N., Ramesh, N., & Pordhiya, K. I. (2017). Entrepreneurial behaviour of dairy farmers: A study in Marathwada region of Maharashtra, India. International Journal of Current Microbiology and Applied Sciences, 6(7), 97–101. Retrieved from https://doi.org/10.20546/ijcmas.2017.607.011
  • tutorialspoint.com. (n.d.). Retail Management Business Location. Retrieved June 19, 2019, from www.tutorialspoint.com website. https://www.tutorialspoint.com/retail_management/retail_business_location.htm
  • Weaver, S. (2012). Storey’s guide to raising miniature livestock: Goats, sheep, donkeys, pigs, horses, cattle, llamas. Storey Publishing.

Abstract Views: 228

PDF Views: 1




  • What Makes an Entrepreneur?A Case of Agripreneur

Abstract Views: 228  |  PDF Views: 1

Authors

Divyang J. Joshi
Assistant Professor, Parul Institute of Management and Research, Parul University, Gujarat, India
Ekta Joshi
Finance Student, Parul Institute of Management and Research, Parul University, Gujarat, India
Vaibhavi Patel
Finance Student, Parul Institute of Management and Research, Parul University, Gujarat, India

Abstract


Mr. Dipak Arvindbhai Bhatt is the son of a marginal farmer, who was compelled to join family business 25 years back in 1994 due to ill health of his father at the cost of his studies. He was concerned about the bread and butter for the family as his business was quite debt drowning. When he joined the business, there was a debt of 1.2 million rupees against the assets of only four cattle and 8 acre (20 bigha) land. But his focused, flexible, and determinant attitude took his business up to a 20 million rupees venture along with 40 cattle and 65 acre (162 bigha) land. This case attempts to demonstrate the traits of entrepreneur, importance of marketing, and development of new market for milk products

Keywords


Entrepreneur, Dairy Farming, Entrepreneurial Traits, Decision Making, 5Fs, 4Ps.

References