Problems associated with entrepreneurship development in Bangladesh

3. PROBLEMS OF
ENTREPRENEURSHIP
DEVELOPMENT IN
BANGLADESH

4. OUR GROUP MEMBERS:
(2012-1-4-058) (2012-1-4-053) (2012-1-4-057) (2012-1-4-055)
(2012-1-4-054) (2012-1-4-060) (2012-1-4-056) (2012-1-4-059)

5. ENTREPRENEURSHIP AND ENTREPRENEUR…

6.  What is the present Entrepreneurship
condition in Bangladesh???
Is it in
affirmative
condition?

7. PROBLEMS FACED BY AN
ENTREPRENEUR IN BANGLADESH.
 Financial Problem.
 Raw material scarcity and sourcing problem.
 Technological problem.
 Weak infrastructure.
 Choosing the right business.
 Compete with the existing syndicate.
 R&D facility Problem.
 Lack of managerial, commercial & technological knowledge.

8. PROBLEMS FACED BY AN
ENTREPRENEUR IN BANGLADESH.
 Political Problem.
 Apathy of risk taking tendency.
 Increasing labor & power source cost.
 Finding trustworthy business partner.

9. FINANCIAL PROBLEM

10. Capital money sourcing:
Financial sources don’t willing to give money to
an entrepreneur.
High interest of bank loan.
Risk for investing money in enterprise.

11. RAW MATERIAL SCARCITY AND
SOURCING PROBLEM
 Unavailability of raw materials.
 Difficult of sourcing alternative raw materials
sourcing.
 High price of raw materials.
 Raw materials market creates syndicate and rising the
price high.

12. TECHNOLOGICAL PROBLEM

13.  Lack of high technology availability.
 High cost of maintaining technology.
 Lack of knowledge of maintaining new
technology.

14. WEAK
INFRASTRUCTURE

15. CHOOSING RIGHT BUSINESS

16. What business should I start?
Where should I start the business?
Have I the capability to maintain this enterprise?
What should I know to start the business?

17. COMPETE WITH THE EXISTING SYNDICATE

18. *** How many businesses are in my path of enterprise that
are existing in the market already?
*** Will they support or try to make me sink?
*** To survive in the existing market, what should I do?
*** How I will become successful businessman in the existing
market?

19. R&D FACILITY PROBLEM
 Research section of Bangladesh is in very bad
condition.
 Nobody is interested in investing research and
development.
 Lack of laboratories and equipments.

20. LACK OF MANAGERIAL, COMMERCIAL &
TECHNOLOGICAL KNOWLEDGE
 No commercial acknowledgement.
 Inefficient managerial capability.
 Lack of technological knowledge to innovate new product.

21. POLITICAL PROBLEMS

22. POLITICAL INSTABILITY.
LACK OF ENTREPRENEURIAL SECURITIES.

23. APATHY OF RISK TAKING TENDENCY
 Why I will take the risk for new enterprise?
 Why I will leave the job and start a new enterprise?
 If I fails, I will be ruined!!!

24. INCREASING LABOR & POWER
SOURCE COST

25. FINDING TRUSTWORTHY
BUSINESS PARTNER
 Do I need partner to form an enterprise?
 Whom I should make my partner??
 Is he trustworthy??

26. SOLUTIONS
 Financial support.
 Creating RnD facilities.
 Establishment of entrepreneur friendly environment.
 Ensure political stability.
 Make sure of Raw materials availabiltiy .

27. THANKS!
Any question?