A CASE STUDY OF SUCCESSFUL ENTREPRENEUR MR. MAHESH LIMAYE

Dr. Mukunda Sonawane

Abstract


Mr. Mahesh Limaye has no traditional business background, but entrepreneurial bag bit him. His Automated Centralised Garbage Collection System won the Prakhe Award of MCCIA. II is an eco-friendly, convenient garbage disposal system in multistore building complex. Creativity, keen observation, leadership skill, and hard work have made him innovative successful entrepreneur. There are many different ways of defining the world entrepreneur and entrepreneurship - In simple words - "Entrepreneur" is a person who creates & grows enterprises. "Entrepreneurship" is the processes through which entrepreneurs create and grow enterprises. "Entrepreneurship development" refers to the infrastructure of public and private policies that foster and support entrepreneurship. But there are some critical distinction and clarifications to be made. "The entrepreneur", said the French economist J.B. Say around 1800, 'shifts economic resources out of an area of lower and into an area of higher productivity and greater yield'. But Say's definition does not tell us who this entrepreneur is. And since Say coined the term almost two hundred years ago, there has been total confusion over the definitions of 'entrepreneur' and 'entrepreneurship'. Webster's dictionary defines an entrepreneur as "a person who organizes and manages a business undertaking, assuming the risk for the sake of the profit." The Kauffrnan's foundations version talks about "visionary entrepreneurs develop innovation, create job and contribute to a more vibrant national and global community economy." This is where we begin to create a picture in our minds eye of the self made business gaints such as Bill Gates, Sam Walton, Jamshetji Tata, N. R. Narayan Murthy, Karshanbhai Patel etc. Entrepreneurs have distinct personality characteristics such as -

  • Creativity & Innovativeness
  • Calculated Risk Taking
  • Leadership & Management Skills
  • Vision
  • Self Confidence
  • High Need for Achievement
  • Opportunity Seeker
  • Hardworking & Persistent

Keywords


Entrepreneur; Entrepreneurship

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References


http://www.mcciapune.com/

The Startup Playbook: Secrets of the Fastest-Growing Startups From Their Founding Entrepreneurs by David Kidder

Creativity, Inc.: Overcoming the Unseen Forces That Stand in the Way of True Inspiration by Ed Catmull

Mrs. Gayatry Tambe - M/s Mawin Adhesive Products & their innovations - Fiber Glass Reinforced, plastic.

Mr. Mahesh Limaya - M/s Horizon Enterprises Products & their innovations - Automated centeralised Garbage collection system.

Ajay Phatak - M/s Jopasana Software & System Pvt. Ltd. Products & their innovation - Jopasana Software

Mr. Milind Upasani - M/s Industrial and Commercial Enterprises. Products & their innovation – Fiber glass Dome.

Mr. Sanjay Khinsara - M/s Time Zone Electronics Products & their innovation - Countdown Traffic Signals.

Mr. Vijay Chavan - M/s V. Smart Thermatech Products & their innovation -Metallurgical products.


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