1. Welcome to Our
Presentation on
ENTREPRENEURSHIP
DEVELOPMENT
PREPARED BY
MUHAMMAD KAISAR BHUIYAN
FOUNDER & CEO
GRAPHICS BANGLADESH LIMITED
2. What is Entrepreneur &
Entrepreneurship?
An entrepreneur is one who always searches for
change, responds to it, and exploits it as an
opportunity. Can anyone be an entrepreneur?
The answer is no. But with access to capital,
minimum education facility and own creativity,
many intelligent, energetic youth can be turned
into a decent business people.
Entrepreneurship is a process of identifying and
starting a business venture, sourcing and
organizing the required resources and taking
both the risks and rewards associated with the
venture.
3. Entrepreneurship in
Bangladesh
Bangladesh, our motherland which is very beautiful
country. Its estimated amount of population is 170
million.
Our country is a developing country. Around eighty per
cent (80%) of our population lives in regional areas and
most of them are poor. If this population can effectively
be promoted with entrepreneurial skill, they can
actively involve themselves in, and contribute
towards, the economic development process. It is a
must that this collective effort will lead the country to
move forward. Necessarily it indicates that to alleviate
poverty, exploring the entrepreneurial opportunities is a
must. To summarize, economic situation of Bangladesh
can not really improve without entrepreneurship efforts.
5. 1. Opportunity
Susan Strayer Lamotte, a leader in talent acquisition
and HR, says she's motivated simply by "doing great
work. That's the difference," she explains. "All the
other stuff is gravy, but as an entrepreneur, I can
decide what the work is like. What I get to do. And
that's the mecca for me."
2. Autonomy
Some entrepreneurs simply want to avoid the daily
grind that comes along with a career that isn't selfsustaining. "Fear of failure is what motivates me to
keep going. [I'm] scared of going back to corporate
and being a robot again."
3. Freedom
Aaron Pitman, president and founder of API Domain
Investments, agrees. "Freedom is my driver," he says.
"I always wanted to be able to call my own shots, be
in charge of my destiny, and have the ability to set
my own life."
6. 4. Responsibility to society
For other entrepreneurs, there are bigger societal issues
driving their work. "For me, it's also about an alignment of
story," says Josh Allan Dykstra, a consultant, author, and
speaker. "As entrepreneurs, we are always analyzing the
state of the world, examining the larger stories that are
playing out on a macro/global level. While we strive to
make sense of these big-picture stories, we are also
searching for the places our personal strengths and
passions can make a larger impact on the world. We
make the most difference when we find where the
intersection point of the thing that makes us feel alive also
lines up with the bigger story, allowing us to improve
society in some meaningful way."
5. Impact
Justin Beegel, founder and president of Infographic
World, explains: "[I love] knowing every action [I] take truly
has a direct impact on the outcome of the business. When
you're an employee...what you do has limited impact.
When you're running the company, each and every thing
you do can make or break it."
7. 6. Family
Ari R. Meisel, an entrepreneur, author, inventor, and
triathlete, says what drives him to entrepreneurial
work is simple: "[I love] being able to spend as much
time with my family as possible."
7. Change
Trace Cohen, founder and president
of Launch.it, says what drives him is seeing change.
"My current and previous company have all been
about providing value to our users to enhance what
they are currently doing to either make it better or
more efficient."
8. Legacy
Forging a lasting legacy is important for many
workers. Both Dave Kerpen, CEO of Likeable
Media, and Lewis Howes, lifestyle
entrepreneur, noted that leaving a personal legacy
is a huge motivator in their decision to do
entrepreneurial work.
8. 9. Accomplishment
"That is what truly makes people happy, a sense of
accomplishment," says Pablo Palatnik, CEO
at ShadesDaddy.com. "That's why I do what I do
every day, to accomplish my goals, and that
[means] building a successful company."
10. Control
Some entrepreneurs are driven by the sense of
security that comes along with being in full control
of their work. Joey Ricard says control of his own
destiny--"or as some people like to call it, security"-drives his entrepreneurial efforts.
9. Required Functions to be
an Entrepreneur
Risk-bearing
function
Decision
making
function
Innovative
function
Organizational
function
Managerial
function
10. The Three-Legged Stool
The “three-legged stool” is
a commonly used model to
help people understand
the importance of taking a
balanced approach to
economic development.
Stability is strengthened
when the community holds
everything together and a
supportive environment is
the base upon which the
efforts rest.
11. 25 Common Characteristics of
Successful Entrepreneurs
Do what you enjoy.
Take what you do seriously.
Plan everything.
Manage money wisely.
Ask for the sale.
Remember it's all about the customer.
Become a shameless self-promoter (without
becoming obnoxious).
Project a positive business image.
Get to know your customers.
Level the playing field with technology.
12. 25 Common Characteristics of
Successful Entrepreneurs
Build a top-notch business team.
Become known as an expert.
Create a competitive advantage.
Invest in yourself.
Be accessible.
Build a rock-solid reputation.
Sell benefits.
Get involved.
Grab attention.
Master the art of negotiations
13. 25 Common Characteristics of
Successful Entrepreneurs
Design Your workspace for success
Get and stay organized
Take time off
Limit the number of hats you wear
Follow-up constantly
15. Facilitator of new
entrepreneurial era
General awareness
Public mobility
Informed and educated generation
Demonstration Effect
Change in attitude from being an employee to
an employer
„Can do it‟ generation.
16. Problems faced by
entrepreneurs
Absence of proper policy decision
Lack of proper financial support
Lack of awareness of incentives provided by the
government
Lack of campaign about areas of
entrepreneurship
Lack of proper training facilities of entrepreneurs
Lack of integrated package
assistance/stimulating, support and sustaining
activities needed for SMEs.
18. Stimulatory
Entrepreneurial education
Publicity for entrepreneurial opportunities
Identification of potential entrepreneurs
Motivational training for new entrepreneurs
Identifying areas of operation
Making available techno-eco information
Organizing entrepreneurial forum
19. Support
Registration of unit with govt. agencies
Arranging finance
Providing utilities, land etc.
Guiding procurement of equipment
Guiding sourcing of raw materials
Granting tax relief
Offering management consultancy
Help marketing products
20. Sustaining
Help modernization
Help expansion through diversification
Additional financing
Facilitating quality testing
Help re-engineer products or services
Help find additional market