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Entrepreneurship
By: Salman Mehmood
Indus International Institute
What is Entrepreneurship
• Entrepreneurship is the process of starting a business or other organization.
• The entrepreneur develops a business plan, acquires the human and other
required resources, and is fully responsible for its success or failure.
Some Facts about Entrepreneurship
• According to BizCamp program, funded by the Citi Foundation 91% of the
participants indicated they would like to own a business.
• For the first time in 30 years, business closings are outpacing business openings.
• Companies and institutes are investing in students to come up with innovative ideas.
• Citation: "Young People Need to Know Entrepreneurship Is Hard” HBR, by Shawn
Osborne, 6th April 2015.
Journey of Innovation
Mark Zuckerberg
Facebook
• College dorm to 100 $ Billion company
• Stock Price 82.80$
• 1.39 Active Members
• Revenues 12.466$ billion 2014
• Subsidiaries:
• Instagram
• Whatsapp
Steve Jobs
Apple
• Garage to 111 $ Billion company
• Stock Price 125.6$
• Revenues 182.795$ billion 2014
Pixar
Pakistani Companies
Challenges
0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 5
1 Finding Talent
2 Customer Relationship building
3 Keeping with innovation
4 Creating a great culture
5 Keeping up with Government Regulations
6 Managing Cash flow
7 Getting Funded
Responses
Responses
Entrepreneurship Development Forums
• IBA CEE www.ced.iba.edu.pk/
• LUMS ICE www.lce.lums.edu.pk/
• Google Developer Group www.facebook.com/GDGLahore
• Plan 9 www.plan9.pitb.gov.pk/
• Coffee Shop Gurus www.facebook.com/CoffeeShopGurus
Questions
Thank you!

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Entrepreneurship - A brief Introduction

  • 2. What is Entrepreneurship • Entrepreneurship is the process of starting a business or other organization. • The entrepreneur develops a business plan, acquires the human and other required resources, and is fully responsible for its success or failure.
  • 3. Some Facts about Entrepreneurship • According to BizCamp program, funded by the Citi Foundation 91% of the participants indicated they would like to own a business. • For the first time in 30 years, business closings are outpacing business openings. • Companies and institutes are investing in students to come up with innovative ideas. • Citation: "Young People Need to Know Entrepreneurship Is Hard” HBR, by Shawn Osborne, 6th April 2015.
  • 6. Facebook • College dorm to 100 $ Billion company • Stock Price 82.80$ • 1.39 Active Members • Revenues 12.466$ billion 2014 • Subsidiaries: • Instagram • Whatsapp
  • 8. Apple • Garage to 111 $ Billion company • Stock Price 125.6$ • Revenues 182.795$ billion 2014
  • 11. Challenges 0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 5 1 Finding Talent 2 Customer Relationship building 3 Keeping with innovation 4 Creating a great culture 5 Keeping up with Government Regulations 6 Managing Cash flow 7 Getting Funded Responses Responses
  • 12. Entrepreneurship Development Forums • IBA CEE www.ced.iba.edu.pk/ • LUMS ICE www.lce.lums.edu.pk/ • Google Developer Group www.facebook.com/GDGLahore • Plan 9 www.plan9.pitb.gov.pk/ • Coffee Shop Gurus www.facebook.com/CoffeeShopGurus