Why should you becomeEntrepreneur? Jobs 10% 90% Karobar
Businessman thinks for today – An entrepreneur has a long term vision For Businessman incremental growth is good - An entrepreneur focuses on exponential growth Businessman is cheeky - An entrepreneurs is customer focused Businessman considers promotion as liability – An entrepreneur thinks it as an investment
Six Lessons from SteveJobs Changing you mind is truly a sign of intelligence Experts are generally clueless Value is not equal to Price Design Counts A-players hire A+ Players Jump to the next curve
You Need 4 Key Skills Ability to Innovate (or create) Ability to Implement your Ideas Ability to Market a product, service or idea Basic Financial Management
Key Success Factors Pre Start- Post Start- up Factors up Factors
Group WorkRe Brand yourbusiness – Useyour CreativeThinking
You have a retail business. There are two salesmen working with you. Your store is in the main business hub where there are other shops selling similar items. You are making good sales every month, but when you do your calculations, you find that the business has not been profitable. This is causing problem. You have taken loan to purchase some inventory. Another supplier has provided you inventory on a monthly credit.You are required to do the following:1. What are the reasons for not making profits?2. What needs to be done to improve financial position of your business?
Habitual Change!Customers are now more responsive toengaging – They like to talk to you!
Social Media Simplified! Social Media is simply internetbased medium for communication
Social Media Facts – Pakistan Internet Users 20 – 22 million Facebook users 5.4 million LinkedIn Users 850,000 Twitter Users 0.5 million Bloggers 3.4 million Youtube Users 6.8 million Mobile internet users 1.5 million 151 billion text messages were sent in 2010 Phenomenal growth in Social Media in Pakistan