ENTREPRENEURSHIP

MANAGEMENT
LIFE OF AN ENTREPRENEUR MOTHER
TERESA

Introduction
Social entrepreneurship:
A

social entrepreneur recognizes a social problem and uses

entrepreneurial principles to organize, create and manage a venture to

achieve social change (a social venture).
A social entrepreneur focuses on creating social capital.
Social entrepreneurs are most commonly associated with the voluntary

and not-for-profit sectors, but this need not preclude making a profit.
Social entrepreneurship practiced with a world view or international

context is called international social entrepreneurship.

Essentials of an Entrepreneur
Qualities of an entrepreneur

Mother Teresas qualities

The first thing any successful

Mother Teresa's product was

entrepreneur requires is a
product or service that others
need or want, whether they
initially realize it or not.
A second thing any successful
entrepreneur requires is a welldefined target market, or niche.
Any successful entrepreneur
must position himself or herself
for success.

compassion

Mother Teresa discovered her

niche the day she unexpectedly

found a woman dying in the
street, being eaten by rats.
Sister Teresa goes back to
Calcutta, a place that can
provide a seemingly endless
supply of prospective clients in
need of her services.

About Mother Teresa

She was born amid an Albanian community in Macedonia as Agnes

Gonxha Bojaxhiu on August 26, 1910

In 1947, she had a vision or call to leave the convent. She left to take
basic training in nursing and went to live in the nearby slum.
Her first home was 'Nirmal Hriday' (pure heart) for the sick and the
dying, and then ' Shishu Bhavan' for the disabled, orphaned and
mentally retarded children, 'Shanti Nagar', a colony for lepers where
they were cared for, they could learn a skill, build their own houses and
could work on their own fields, AIDS hospices and so on.
The first home outside India was founded in 1965 in Venezuela. Others
were later opened in Italy, Tanzania, Australia, US, Communist Cuba,
former Soviet Union etc.
On September 5, 1997 the 87-year old mother died of severe cardiac
arrest at the Missionaries of Charity headquarters in Kolkata.

Mother Teresas Accomplishments

In 1948, she opened the first slum school.
The Missionaries of charity was officially established as a religious

congregation for the Archdiocese of Calcutta in October 1950.

The Padmashri Award for distinguished service (1962) , then the
Magsaysay Award the same year.
The first home outside India was founded in 1965 in Venezuela
Pope John XXIII Peace Prize (1971) , Good Samaritan Award (1971),
John . F. Kennedy International Award (1971).
Jawaharlal Nehru Award for International peace (1972).
Nobel Peace Prize (1979).
Bharat Ratna (1980).
Rajiv Gandhi Sadbhavana Award (1993).

Conclusion
A quality product or service
A well defined target market
Position in the marketplace
A unique brand
Perseverance
A positive attitude
Faith in God and in other
A legacy to leave behind

She was also one of the greatest entrepreneurial marketing geniuses the
world has ever known. Mother Teresa stands as a stunning reminder
that we can usually find a better way to do business each day.

Thank You