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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. - PowerPoint PPT Presentation
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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.
THANK YOU