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S1_Entrepreneurship
THE ENTREPRENEURIAL PROCESSPower Point Presentation
by: RLNSESSION - 2
© 2014 by RLN
Self publishing ([email protected] )
ALL RIGHTS RESERVED. Any unauthorized reprint or use of this material is prohibited. No part of this class material may be reproduced or transmitted in any form or by any means, electronic or
mechanical, including photocopying, recording, or by any information storage and retrieval system without express written permission from the presenter.
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Today’s Outline
� The Entrepreneurial Process
� The Driving Forces
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� Types of start-up
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Being Young and Unemployed…?
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Unemployment…(the same old stories)
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Unemployment… (the same old story ??)
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Padatnya pengunjung memaksa para
pencari kerja untuk rela berlama-lama
menunggu giliran masuk ke ruang utama
pameran. Mereka harus membayar Rp
20.000 sebagai tiket tanda masuk.
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The Youngest Billionaires Of 2013
These 29 billionaires are all under 40
years old.
Source:
http://www.forbes.com/pictures/eimh45gjid/the-
youngest-billionaires-of-2013/
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Top Two Reasons To Be An “E”
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Autonomy
Wealth
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The Entrepreneurial Process (1)
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great idea market new venture
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The Entrepreneurial Process (2)
Opportunity-1
vs
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vs
Opportunity-2
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Opportunity-1
Vs
Opportunity-2
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The Entrepreneurial Process
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The e-Entrepreneurial Process
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THE ENVIRONMENT • recession
• inflation
• high interest rates
• lack of infrastructure
• economic uncertainty
The Driving Forces (1)
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A MOVEMENT
from something ………..
to something
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Change from present
life style
• Work environment
• Disruption
DESIRABLE:
• Cultural
• Subcultural
• Family
• Teachers
• Peers
The Driving Forces (2)
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POSSIBLE:
• Government
• Background
• Marketing
• Financing
• Role models
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“What makes me change my present-lifestyle?”
Work environment
Leave my career?
Change my
lifestyle?
The Driving Forces (3)
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Leave my career?
HOW ???
something that I’m familiar with…
� I was in the technology division - develop new product ideas and processes (R & D)
� I was in the marketing division - unfilled wants and needs of the customers and
market
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A negative force (disruption)
� Retired, relocated, fired or layoff
� No promotionIs it DESIRABLE ???
The Driving Forces (4)
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Is it POSSIBLE ???
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“What makes it desirable and possible for me?
�Desirability � being my own boss, having individual opportunity,
being success
� making money
� encouragement from the family, teachers
� an area with as strong education base
� ideas, problems and solution from peers
The Driving Forces (5)
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“What makes it desirable and possible for me?
� Possibility � infrastructure
� education and experiences – Entrepreneurs
are not born, they develop
� the marketing know-how (4P’s and market
demand)
The Driving Forces (6)
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� “If that person could do, so can I!”
� capital (personal savings, credit, friends,
relatives)
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“What types of start-ups result from my decision process?
� Sole Proprietorship
ADVANTAGES DISADVANTAGES
Types Of Start-Up (1)
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“What types of start-ups result from my decision process?
� Partnership
ADVANTAGES DISADVANTAGES
Types Of Start-Up (2)
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Creativity and
Innovation
You can’t be a successful entrepreneur
What Next ?
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You can’t be a successful entrepreneur
unless you manage, and if you try to
manage without some entrepreneurship,
you are danger of becoming a
bureaucrat.--- Peter Drucker,
The Frontiers of Management, 1986
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Energy
Enthusiasm
When Do I Start My Own Business?
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Recent College Graduates???
Lack of experience
Immature
Enthusiasm
Fresh ideas
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What to do?
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V & A Waterfront Cape Town, South Africa (08.09.2009)
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What do I need to prepare for next week?
Young entrepreneur around the world
� Who are they?
� What are they doing?
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� What are they doing?
� What is it that inspired me?