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After graduation: How to be an entrepreneur

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This presentations presents students (in Egypt ) with a crucial question: do they want to join the throngs of others on the job-market, or do they have what it takes to be an entrepreneur? …

This presentations presents students (in Egypt ) with a crucial question: do they want to join the throngs of others on the job-market, or do they have what it takes to be an entrepreneur? Presentation includes some simple steps you need to take to begin your start-up.


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Transcript

  • 1. Entrepreneurs: Heroes in Egypt’s Economic Development
  • 2. What to do after graduation?
    • Are you going to take an office job …
    • … or become an engineer, or doctor, like the rest of Egypt?
  • 3. Or do you have what it takes to be an ENTREPRENEUR
  • 4. Entrepreneurs are Superheroes
    • Because they innovate
    • Create competition
    • Create new jobs
    • Generate revenue
    • and inspire others
  • 5. Characteristics of an Entrepreneur
  • 6. Example of Successful Young Entrepreneur Name : Mark Zuckerberg Age : 25 Started Facebook.com while studying computer science at Harvard University. CEO and Founder of Facebook
  • 7. Example of Successful Arab Entrepreneur Name : Fadi Ghandour Age : 51 Founded ARAMEX in 1982 Aramex was the first Arab company to be listed on NASDAQ CEO and Founder of Aramex
  • 8. Example of Successful Egyptian Entrepreneurs Name : Nadia & Hind Wassef Age : 35 & 38 Opened Diwan because they loved reading, and wanted to create a place that would celebrate Arab culture. Founders of Diwan Bookstore
  • 9. Name : Mostafa Hafez Age : 26 Founded Timeline Interactive after graduating from Ain Shams University (Computer Science). Founder of Timeline Interactive Example of Successful Young Egyptian Entrepreneur
  • 10. So, HOW do you get there?
  • 11. First steps for Start-ups
    • 1. F inance
    • Write a business-plan
    • Calculate your costs
    • Double that! (be on safe side, you’re always missing things)
    • Find angel investing (family, friends, SFD)
    1 1 FIRSTEPs for Start-ups taken from material by Eric Zoetmulder
  • 12. First steps for Start-ups
    • 2. I nterest & Commitment
    • B e passionate about what you do, you won’t have time for anything else!
    • Don’t just go for money, you will fail
    1 1 FIRSTEPs for Start-ups taken from material by Eric Zoetmulder
  • 13. First steps for Start-ups
    • 3. R ealistic
    • Do market-research (who are your clients, main competitors)
    • Start with realistic goals
    • Respond to real consumer need
    1 1 FIRSTEPs for Start-ups taken from material by Eric Zoetmulder
  • 14.
    • 4. S trategy
    •  Make a strategic plan: how to go from zero to your Unique Value Proposition
    First steps for Start-ups
  • 15.
    • 5. T iming
    • Time the release of your product
    • If you’re too early, consumers won’t be interested
    • If you’re too late, others will have taken your model
    First steps for Start-ups
  • 16.
    • 6. E ncouragement
    •  Get feedback from friends, family & look for a mentor. You need their support
    First steps for Start-ups
  • 17.
    • 7. P lanning
    •  Plan for the worst case scenario – so you’re always prepared.
    First steps for Start-ups
  • 18. But most importantly...
    • Don’t be afraid to FAIL!
    • When you FAIL , it means you
    • took the RISK and learned..
    • FAILURE teaches you how to
    • do BETTER next time...
  • 19. Sources of Support “ Idea” “ Start-up/ Business-plan” “ High-growth SMEs” “ Large to medium sized”
  • 20. Endeavor works with HIGH-IMPACT entrepreneurs Khaled Ismail Fatma Ghaly Nadia & Hind Wassef Heba Jammal & Tarek Khaddaj Omar Fathy Ahmed Metwally & Mostafa Hafez
  • 21. In order for more entrepreneurs to become HIGH IMPACT, we need to build an entrepreneurial ecosystem
  • 22. Thank you! Any questions?

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