Question

Training for new and existing entrepreneurs

Answer 1

Entrepreneurial Development Training Program. Entrepreneurial Development Training Program (EDTP) is created to provide an alternate route to gainful employment for economically disadvantaged individuals through the establishment of their own business.

Answer 2

Entrepreneurial training refers to teaching aimed at fostering entrepreneurial competence in potential students. The main training methods for new and existing entrepreneurs can be:

• Lesson Method: Verbal instruction is given to new recruits as the name of the procedure implies. In the event that students have any questions, instructors are free to provide clarification on the spot.
• Instructional Method : This method is employed when the training materials are intended for use by the new recruits in the future, and it is most frequently used when a standardized production system is in place.
• Individual Training: This approach only selects one individual to deliver entrepreneurial training. This kind of training is very helpful when candidates need to learn a challenging skill.
• Group Method: This method is used when training a group of individuals from different backgrounds, especially when all of the candidates must complete relatively similar types of tasks and should receive proper guidance.
• Method of demonstration: This approach is most helpful when the trainer will be imparting the physical exposure. This approach places more emphasis on imparting practical knowledge than theoretical knowledge.
• Meetings: This training method primarily involves a group of people talking about the various problems they face. On the basis of various alternatives and suggestions, they share their opinions and come to various conclusions.

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