Welcome @ ENTREPRENEUR & ENTREPRENEURSHIP A Seminar for Fatimiyah Education Network

Welcome

@ ENTREPRENEUR & ENTREPRENEURSHIP

A Seminar for Fatimiyah Education Network

Tuesday February 12, 2008

TAMEER

Shell LiveWIRE Trust

BACKGROUND

Began in 1982 by Shell in Scotland. 

Aim is to promote the option of starting a business as a viable career choice to young people.

Now operating in 24 countries around the world.

SHELL LIVEWIRE OPERATES IN OVER 24 COUNTRIES GLOBALLY:

01. Argentina 02. Abu Dhabi 03. Brazil 04. Brunei 05. Chile 06. Egypt 07. Guam 08. Hong Kong

09. Hungary 10. Ireland 11. Indonesia 12. The Netherlands 13. Mauritius 14. Nigeria 15. Oman 16. Pakistan

17. Romania 18. Singapore 19. South Africa 20. Sri Lanka 21. United Kingdom 22. Qatar 23. Iran 24. Libya

Entrepreneur & Entrepreneurship

Entrepreneur - French word - means undertake

1. “Someone who wants to start a business or enterprise”

2. “Entrepreneurs are people of very high aptitude who pioneer change”

3. “Anyone wanting to work for him or herself is an entrepreneur”

4. “One who organizes, operates and mitigate the risk in a business venture for gaining the profit.”

5. “An innovative passionate worked extra-ordinary to bring a creative product and/or service”

ENTREPRENEUR…?

Confident

Determined

Energetic

Resourceful

Calculated risk taker

Creative

Self-motivated

Optimistic

EENTREPRENEURIAL

CHARACTERISTICS

Flexible

Responds to

challenges

Eager to learn

Responsible

Competitive

Competent

Decision-maker

Profit-oriented

Independent

Innovative

Leader

Versatile

Friend – Peoples Oriented

Responds to suggestions

and criticism

Goal-oriented

Based on INNOVATION & DESIRE for change.

Entrepreneurship is a:

Search for new Products/services,

New production Process/methods,

New Peoples/markets and

New forms of an Place/organization.

“Entrepreneurship help in looking at the world that way you want it to be, rather

than the way it is”

ENTREPRENEURSHIP...?

BUSINESS START-UPS

Business Idea – Bright Idea Business Plan– Road map to implement your idea Development – Product or Service Financing – Who will finance your business Marketing – What, How, & Where Management – Personnel & Finance Profit Management Survival & Growth

ENTREPRENEURIAL FACTS

Most people start their own businesses between ages 20 and 40; 35% are under the age of 30

About 50% have parents who owned a small business

Most entrepreneurs worked for someone else for 5 to 8 years

Most entrepreneurs work 50 to 70 hours per week

More than half start businesses related to previous employment

The most important sources of funds to start the business are personal savings and family members

Today more women are starting entrepreneurial firms than at any other time in our history

INNOVATIVE IDEAS

Washer-dryer all in one

combo Color eye drops Multi-color Markers Watch knowing time zone Toothbrush with toothpaste

in it Solar color changing shirt Color changing nail polish Voice activated elevators Self-moving furniture Student tracker system

Under water restaurant

New type of fuel

Voice-activated radio/TV

Remote control finder

Voice activated locks

CNG Fans

Haircoloring shampoo Refrigerator that has an

alarm for bad food

WHYENTREPRENEURS FAILED

1. Lack of Business Knowledge2. Lack of experience3. Lack of Finance Or Poor cash management4. Lack of strategic management5. Weak marketing effort6. Uncontrolled growth7. Poor location8. Lack of competent, honest & dedicated HR9. National conditions10. Natural conditions

WAY TO AVOID FAILURE

Have your Business Plan Understand your Business, Market, Peoples, FinanceAND Never relax - Keep in tune with yourself.

SECRET OF SUCCESS

• Surprise! Entrepreneurs never rest.• Success depends on

– careful planning, – solid business management techniques,– creative problem solving, and – a large measure of luck.

• Except for the luck, all these factors depend on knowledge and skills that can be learned and developed.

WAY TO ENTREPRENEURSHIP

KEY FACTS

Annually over 1 million young people have contact with a LiveWIRE programme.

In Pakistan alone over 10,000 young people received business skills training.

TAMEER STATISTICS

35,000 people have been given awareness through Seminars, Workshops, Meetings, and the Website about the mission of Tameer across Pakistan.

35 workshops have been conducted nationwide for approximately 1800 young people.

57 seminars and conferences have been conducted with approximately 12,000 students given awareness on entrepreneurship

Tameer website has reached approximately 1000 hits per day.

Approximately 3489 English version and 365 Urdu version of Tameer Business Kits have been downloaded from the website.

Tameer is currently following up with 32 cases in the assisting them in business start ups, expansion or business plan development.

59 nominations for the Tameer Annual Awards have been received.

Contact US:

www.tameer.org.pk

Imran.azeem@shell.com

021-111-888-222 / 021-5689520

THANK YOU