4. ECONOMY
Rice main crop (85% of total agricultural land)
Coconut and nipa palm plantations also important
Fishing major industry
Wood products
Huge potential for petroleum and natural gas production
Tourism – cultural, recreational
Kyaukphyu SEZ
13. ENTREPRENEURSHIP
Job creation
National income
Capital formation
Balanced regional development
Innovations
Economic independence
Reducing unrest and social tension
14.
15.
16. COMMON CHARACTERISTICS
Commitment
Determination
Perseverance
Achievement
Opportunity orientation
Initiative
Internal locus of control
Tolerance for ambiguity
Calculated risk taking
Tolerance for failure
High energy level
Creativity
Self confidence
Independence
Teamwork
17.
18.
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20.
21.
22. MOTIVATION
Idea Own boss Work Life Balance Financial Rewards Creative Others
Idea
Own Boss
Financial
Rewards
Creative
Others
Work-Life Balance
28. INNOVATION PROCESS
Types
Invention
Extension
Duplication
Synthesis
Sources
Unexpected occurrences
Process needs
Industry & market changes
Demographic changes
Knowledge based
29.
30. CREATIVE & INNOVATION
Sources of new ideas
Consumers
Existing companies
Distribution channels
Research & Development
Government
Methods of generation ideas
Brainstorming
Focus Groups
Problem analysis
31. ENTREPRENEURS
Creative Thinking + Systematic Analysis = SUCCESS
Seek out unique opportunities to fill needs and wants
Turn problems into opportunities
Recognize problems, solutions
34. CREATIVE CLIMATE
Trust
Open
Considerate
Willingness to accept stage
Enjoyment
No fear
Diversity
35. FEATURES OF ENTREPRENEURSHIP
Economic Activity
Creative Activity
Innovation Function
Dynamic Process
Organizing Function
Risk-bearing Function
Gap filling Function
45. I AM AN ENTREPRENEUR
I believe anything is possible
I see opportunity when others see impossibility
I take risks
I Create
I Learn
I Grow
I Do
47. The world is a dangerous
place
Not because of people
who do
But because of those who
look and do nothing
48.
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55.
56. SOCIAL BUSINESS (SB)
Fall between traditional NGOs and for-profit companies
Like NGOs primary objective to create social impact
Operate like businesses
Generate sufficient revenues to cover operating costs
57. BASIC UNDERSTANDING
Applying business principles to social problems
Increase efficiency, effectiveness, and financial
sustainability
58. SB
Focus on neediest, most underserved segments
Generates enough revenue to be self-sustaining
Do not depend on donations or other external financial
support
Maximize value delivered to society not financial value
delivered to shareholders
62. 7 PRINCIPLES OF SB
1. Business objective - overcome poverty, education,
health, technology access and environment); not profit
maximization
2. Financial and economic sustainability
3. Investors get back investment amount only; no dividend
given beyond investment money
63. 7 PRINCIPLES OF SB
4. When investment amount paid back, profit stays with
company for expansion and improvement
5. Environmentally conscious
6. Workforce gets market wage with better working
conditions
7. Do it with joy!