FROM THIRD WORLD TO FIRST WORLD – THE ENTREPRENEURS’ STAND POINT

7/29/2019 FROM THIRD WORLD TO FIRST WORLD THE ENTREPRENEURS STAND POINT

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FROM THIRD WORLD TO FIRST

WORLDTHE ENTREPRENEURS

STAND POINT

By Mariam Campbel l March 2013


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Class-work and assigmentObjectives Introduction

Identifying Problems and ProfferingSolutions

Planning Based on Solutions and VisionGetting the Right Team in Place Implementation of PlanFocus on VisionFinally



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Before we move on we will do a class work

for 5mins What have you learned from the book in 5mins

that you can apply to your business?

Take home assignment to be submitted

before next class is to develop a 1-year

plan for Your business

Your personal life


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To understand the Singapore journey

To learn from it

To become better entrepreneurs

To shine a light on how work and focus can

bring about change



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Singapore is a clear definition of how a country that has been labeled'unproductive can suddenly come and overtake her critics'.

Singapore was a trading colony founded in1819 after the first world war

They gained freedom from British colony in1963 and gained independence as asovereign state in 1965

In 1965 corruption was high and poverty washigher

Level of education was low and few peoplehad houses of their own

Today the story is different, WHY?



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Lee's greatest achievement was nurturing an

educated middle class with a stake in thesystem, a distinct identity as SingaporeansHe gave incentives to citizens for investing in

the welfare of the nation

He never shied away from criticism or fightswith the western press about his plans andconducts

Gave his people pride in themselves and not

a reliance on government welfare or handoutsGave an example to plan for a future and live

a life of legacy



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Lee Kwan Yew realized the first step to

success was identifying problems

He summed the problems up as follows: Security

Education (Human Capacity)

Housing

Nation Building Building a market and carving a niche



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The truth was after identifying the problem

he knew he had to develop strategic plans

that would shape the future

He ensured that external forces did not

force their plans on him

He worked out a plan and walked with the

planMost important is that he owned the plan



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The next thing is that he realized that to

get things moving he needed the right

team

He ensured that all the people he worked

with had the best of education and

knowledge necessary for success

Today Singapore has over 90% ofknowledgeable and educated citizens



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He began the implementation in the

process: He experimented with other peoples ideas

Discarded ideas that did not work for his people

Developed new strategies

Kept reviewing and implementing to ensure that

success was achieved Most important is he worked with a plan and a set

vision



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In the book from third world to first worldwe know that the journey was not asmooth one

He was faced with a lot of criticism fromcommunities around him and externalforces

But we read that he kept his focus andnever let go of his vision for his people

Today Singapore is one of the richest anddeveloped countries in the world



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The climb up the ladder of success is not a

days job

It requires hard work, patience, blind focus,

tenacity, continuous learning and utilization

of skills

To become a leader in your field a plan is

important and more than just a documenton paper


FROM THIRD WORLD TO FIRST WORLD – THE ENTREPRENEURS’ STAND POINT

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