Entrepreneurship Development (Part II)

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Entrepreneurship Development (Part II)

  1. 1. ENTREPRENEURSHIP DEVELOPMENT [ PART- 2 ] Khundongbam Lamnganba Singh Proprietor: Edusender and Langei Property www.facebook.com/kh.nganba www.edusender.com
  2. 2. 1. START ENTREPRENEURIAL JOURNEY Understand Risk and Reward
  3. 3. 1. START ENTREPRENEURIAL JOURNEY Business IDEA + Business Skill
  4. 4. 1. START ENTREPRENEURIAL JOURNEY 80:20[80% mindset 20% Strategy]
  5. 5. 1. START ENTREPRENEURIAL JOURNEY Risk Minimization [ SWOT Analysis ]
  6. 6. 1. START ENTREPRENEURIAL JOURNEY Resource- input & Leverage- Output
  7. 7. 1. START ENTREPRENEURIAL JOURNEY Leadership
  8. 8. 2. BUSINESS PLANNING Start Business Ethically [make meaning , make mantra]
  9. 9. 2. BUSINESS PLANNING Legal Procedures
  10. 10. 2. BUSINESS PLANNING Initial Project-cost estimation [ EM-part 2 ]
  11. 11. 2. BUSINESS PLANNING Control PLC
  12. 12. 2. BUSINESS PLANNING Business sustainability planning
  13. 13. 3.SUPPORT SYSTEMS AND INCENTIVESchemes:• MIP (Manipur Industrial Policy): 2002• NEIIPP (North East industrial Investment Policy Program): 2007• And more.
  14. 14. 3.SUPPORT SYSTEMS AND INCENTIVE Financial Institutes [ NETFI, NABARD, SIDBI and more ]
  15. 15. 3.SUPPORT SYSTEMS AND INCENTIVE Non- Financial Institutes [ SBI, UBI, IDBI, PNB, State Banks and more ]
  16. 16. 3.SUPPORT SYSTEMS AND INCENTIVE Manage Cash flow [ personal + Business ]
  17. 17. 4. MANAGEMENT- P Keep the Quality Standards [ISO 9001, NABOI, and more]
  18. 18. 4. MANAGEMENT- P Manpower analysis [use MID Rules]
  19. 19. 4. MANAGEMENT- P Manage Time [use 80:20 Rules]
  20. 20. 5. MANAGEMENT -BPrepare sales support tools
  21. 21. 5. MANAGEMENT -B Give - Test-Drive First
  22. 22. 5. MANAGEMENT -BConvert Prospect into Lead
  23. 23. 5. MANAGEMENT -B Manage CRM effectively
  24. 24. 5. MANAGEMENT -B Motivate Staffs regularly
  25. 25. 6. MANAGEMENT-F Costing, Pricing & Profit Making
  26. 26. 6. MANAGEMENT-F Understand WC – FC - BEP
  27. 27. ( END PART 2 ) THANK YOU Tel: 9774024560Email: lamnganba@edusender.com

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