People say this is the age of business as it is backed by sophisticated technologies, blessed by loads of relevant information. & in this business age the young people are leading from the front as entrepreneurs. Wherever you go from Silicon Valley to Middle East young talents are making significant marks in creating new businesses even sometime more efficiently than the older experienced people. Think of Mark Zukerbourgh, or Michael Yung, they are shaking the world with their innovational business ventures, & people like them are at speed in growing. Different studies provide proof that the young people are the greatest contributors in the arena of business. Sylhet is a division & a major city of North Eastern area of Bangladesh. This city is rapidly growing than the other cities of this country because of her peoples increasing purchasing power as the area is booming with business projects, a lots of liquid money is in the hands of the peoples as a result of remittance provided by the people living abroad. As we know many people of this area lives in different wealthy country of the world mainly in the United Kingdom (as we know in London there is a town named ‘ Bangla Town’ mainly inhabited by the Sylheties) & middle east many families have enough money in hand almost all the time. Problem with the Sylheti’s is that though they have money they are not interested in investing them in the country for business purpose as most of them are risk averse , & do not know the ABC of business.

1. 1

2. Mahmudul Hasan
ID: 1201010181
Zakiatunnessa Uma
ID: 1201010007
Rabeya Rahman
ID: 1201010091
Md. Alimuzzaman
ID: 1201010249
Mahmudul Karim Newaz
ID: 1201010205
Masum Hussain
ID: 1201010202
Torch Bearer’s

3. Submitted To,
Senior Lecturer
Department of
Business Administration
LEADING UNIVERSITY

4. Entrepreneurship: The capacity to develop, organize, & manage a
venture along with any of its risks in order to make a profit.
Entrepreneur: is any person that continuously seeks and acts
upon opportunities for economic and or social gains through
applying the principle of creative problem solving

5. 1. Economy of Bangladesh.
2. Population pressure.
3. Government’s weakness.
4. Employment Creation.
5. Regional & religious
6. Economic War.
7. Population pressure.

6. 1.Geographical location.
2.Industrial background.
3.Governments Negligence.
4.Foreign dependency.
5. Risk Averse.
6. Educational laggardness.
7. Lack of cultural dynamism.
8.Post 2000’s economic boom.

7.  Risk Taking
 Mindset
 Opportunity Seeking
 Innovation
 Manage your time
 Network
 Find a mentor
 Think big
 Do your research
 Value existing and potential customers
 Improve your knowledge of the industry
 Be creative
 Expand business through reinvesting profits and diversifying
 Study likely changes in business environment

8. World Bank, ILO, WTO recognizes the need of entrepreneurship
stimulation. According to them:
 create employment for the youth;
 hire fellow youths;
 responsive to new economic opportunities and trends;
 active in high growth sectors;
 entrepreneurial skills are better employees;
 innovative and forms of independent work;
 higher “life satisfaction”.
 integrate into society.

9. There may be a variety of barriers to enterprise, depending on
the industry sector, region and type of enterprise.
o Cultural and social barriers: Cultural and social barriers,
such us the ‘fear of failure’ and a lack of entrepreneurial
knowledge and skills
o Economic and financial barriers: Financial end
economic barriers, such us, insufficient access to risk capital,
both seed /early stage and longer term financing

10.  Corrupt and unsupportive business environment
 Employee related difficulties
 Severe market entry regulations
 Shortage of funds and resources
 Lack of Entrepreneurship Opportunities
 Lack of Entrepreneurial Capacity
 Lack of Entrepreneurship Training
 Lack of Technical and Practical Skills
 Lack of Market Experience
 Fear of Failure
 Aversion to Risk

11. We
should be
satisfied
what we
have
We
shouldn’t
regret for
our
deficiency

12. There are some indicators of consumer repurchase intentions
and loyalty. It’s a point of differentiation It reduces customer
churn which increases customer lifetime value and reduces
negative word of mouth. It’s cheaper to retain customers
than acquire new ones:
 Outcomes or outputs
 Co-create with your clients’ legal and regulatory teams
 Partner with specialists outside of your industry
customer

13.  1. It pays to keep an open mind!
 2. Challenge yourself
 3. Find a new door
 4. Stop speaking and start listening
 5. Break free from routines
 6. A great to-do app is what you need
 7. Never rule out a new location
 8. Start reading outside your scope

14.  National Centre for Youth Development
 Office of Social Entrepreneurship
 Ministry of Labour and Social Security
 Young Entrepreneurs Association
 Small Business Association

15. In identifying some of the most common barriers facing young
entrepreneurs, the Report uncovered ways to help ensure
their success. Many young entrepreneurs face challenges that
prevent them from succeeding in their endeavors.
 Increase access to capital
 Encourage mentorship
 Foster critical business skills
 Influencing Youth Entrepreneurship
 The desire for independence
 Family influences
 Believing in yourself and your business
 Societal perceptions of entrepreneurship

16.  All countries need to review, rethink and reorient the legal
and institutional framework to make it easier to start and run
a business.
 Governments and international organizations should work to
develop policies to integrate the informal sector into the
mainstream economy, raise its productivity and improve
conditions of work.
 Governments, (national and local levels) need to encourage a
broad and dynamic concept of entrepreneurship to stimulate
both personal initiative and initiatives in a broad variety of
organizations
 Specifically the High-level panel provided a detailed
recommendation on promoting innovation and
entrepreneurship for young women and young men.

17.  Behind every good programme, there is a social
entrepreneur who has a vision and makes thing happen
 Successful programmes have very good internal
management
 Programmes must help young people take advantage of
market opportunities, based on their (potential) capabilities
and assets as well as their aspirations.

18.  These programmes clearly help the young participants
overcome the many obstacles they face in starting a business.
 Unfortunately, these programmes do not reach sufficiently
large numbers of young people.
 We should not necessarily think in terms of another project
or programme but start thinking more strategically.
 Our strategy should foster partnership between and build on
the existing efforts of governments, employers’
organizations, trade unions, youth organizations and other
civil society groups to learn from each other and to pool
efforts and resources.

19. Two key needs:
1) Increase co-operation between government
administrations – especially those responsible for
education and enterprise - and with stakeholders on
entrepreneurship education;
2) Develop more systematic strategies for
entrepreneurship education.

20. • High importance of involving teachers
 Shift from 'how to run a business' to how to develop a general
set of competences applicable in all walks of life
• Key elements for supporting the role of teachers:
 Develop research on how teachers approach E.E.
 Offer initial and continuous teacher training
 Create and disseminate teaching contents, tools, methods
and materials
 Make space in the curriculum for testing new methods
 Establish support networks

21. • Make entrepreneurship an integral part of the
Curriculum:
Key role for ministries of education
Changes in teaching methods: experiential learning, teacher as
a facilitator, coach, moderator
Changes in education context: take students out of the
classroom (into local community and real businesses)
Combine a mandatory cross-curricular approach with a
selectable training as a specific subject.

22.  Common characteristic is to forget
 Practical knowledge is more lasting than bookish knowledge
 Varsity courses will be like medical teaching
 Groups of industries
 Department wise students
 Work & learn under teachers consultation
 Completion of course
 Start own business
 Job provider not job seeker
 Contribute to economy

23.  Entrepreneurship is fascinating in nature but measuring its
scope & measuring the potential entrepreneurs in business is
complicated.
 Competitive
 young talent
 boost country’s economic strength
 Dreams of our freedom fighters
 Handover a prosperous Bangladesh to next generation

24. Thanks for
Patient Hearing