SlideShare a Scribd company logo
Entrepreneurship: How to build
a business from Zero to Millions
RJ. Liow
Founder & CEO, AYS
Our Vision:
To be a trusted brand for International
Halal Business Advisory, Halal
Ecosystem and M.I.C.E.
Our Mission:
“To assist our customer partners to be
successful in their business endeavor.”
“In AYS we aspire to create platforms to assist
companies to build sustainable businesses. We
want to play a part to create the most impact tocreate the most impact to
the life of our customers & community.the life of our customers & community.”
RJ. Liow, Founder & CEO, AYS
Our Space
1.Halal New Economy
2.SMEs capacity building
3.Fast Moving Consumers Goods industry
Our core services
1.International market entry & development
2.Handholding on setting up of Halal Ecosystem
3.Global Halal Entrepreneurship Program
4.Organize Conferences & Business Matching
We create
winning brands
RJ. Liow receiving award from Former Prime
Minister of Malaysia.
AYS is an
award winning industry thought leader
We think out of the box, and are able to assist you to fine tuning your
operation, prepare and connect you to the international markets
www.marketinghalal.com.my
TV
interview
Improving the competitiveness of
SMEs, Seoul, 2014
10
International
Speaker
Improving the competitiveness of
SMEs, Seoul, 2014
11
We tailor make MICE program for you
(meeting, incentive, conference, exhibition)
Our signature program:
2 in 1 Combo “Business Matching + Exhibition”
Conference & Business
Matching Provider
“Aspire to be
world’s leading
e-platform for
Halal cosmetics
and personal
care products”
Winner of Halal Tech
Challenge 2014.
Initiated by Ministry of
Finance, Malaysia
RJ. Liow with Prime
Minister of Malaysia.
Some pointers:
•Idea validation
•Market validation
•Contingency plan – next course of action/exit point
Formula forFormula for
Success inSuccess in
BusinessBusiness
Source: RJ. Liow, “Marketing Halal: Creating New Economy. New Wealth”
The Fundamentals
Passion alone is not sufficient
The FundamentalsThe Fundamentals
 
Critical Success FactorsCritical Success Factors
Day/ Time
Items Remarks
Day 1
8.30am
-
5.00pm
• Registration
• Welcoming Remarks
• Ice Breaking Session
• Introduction to Halal Business
• Understanding Halal Concept
• Sharing Session : Tips and Guideline to Start the Halal Business
• Check List of Setting up the Halal Business
• Case Study : Successful journey on Halal Business, Malaysia Experience
Day 1
8.30am
-
5.00pm
• Presentation on Case Study
• Products /Service identification for Halal Business
• Risk calculation to venture in Halal Business
• Sharing Session – Challenges and Issues to set up the Halal Business.
• Group Discussion – Develop action plan to set up Halal Business using
SWOT Analysis.
• Presentation on action plan
• Evaluation and Closing ceremony
Managing DownsidesManaging Downsides
Numbers tell financial health of your
business
•Understand the numbers in your Profit & Loss
Statement is important
•50% of new start ups collapse in 3 years; 90% in 5
years
•Critical reports: Sales report, Gross Margin by products
•We need analysis, not just a report
Profit & Loss Statement – Critical ratios
(eg: Personal care products)
%
Sales 100
Cost of goods 40
Gross margin 60
Advertising, Promotions & Promoters 30
Contribution margin 30
Overheads 20
Profit Before Tax 10
Corporate Tax 2.5
Profit After Tax 7.5
Going Global
•Incredibly diverse
•Untapped potential
•Profitable opportunities
•More complex
Marker Selection Consideration
5 most commonly considered factors in practice:
Product nature
Importation regulations
Past experience
Available export led network
Distance to home market
International Market Entry Strategies
5 most commonly used strategies:
Export
Contract Manufacturing
Foreign Direct Investment
Joint venture
Acquisition
25
Connect with me “Ren Jan Liow” at:
www.ays.com.my

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Entrepreneurship: How to build a business from zero to millions!

  • 1. Entrepreneurship: How to build a business from Zero to Millions RJ. Liow Founder & CEO, AYS
  • 2. Our Vision: To be a trusted brand for International Halal Business Advisory, Halal Ecosystem and M.I.C.E. Our Mission: “To assist our customer partners to be successful in their business endeavor.”
  • 3. “In AYS we aspire to create platforms to assist companies to build sustainable businesses. We want to play a part to create the most impact tocreate the most impact to the life of our customers & community.the life of our customers & community.” RJ. Liow, Founder & CEO, AYS
  • 4. Our Space 1.Halal New Economy 2.SMEs capacity building 3.Fast Moving Consumers Goods industry
  • 5. Our core services 1.International market entry & development 2.Handholding on setting up of Halal Ecosystem 3.Global Halal Entrepreneurship Program 4.Organize Conferences & Business Matching
  • 6. We create winning brands RJ. Liow receiving award from Former Prime Minister of Malaysia.
  • 7. AYS is an award winning industry thought leader We think out of the box, and are able to assist you to fine tuning your operation, prepare and connect you to the international markets
  • 8.
  • 10. Improving the competitiveness of SMEs, Seoul, 2014 10 International Speaker
  • 11. Improving the competitiveness of SMEs, Seoul, 2014 11 We tailor make MICE program for you (meeting, incentive, conference, exhibition) Our signature program: 2 in 1 Combo “Business Matching + Exhibition” Conference & Business Matching Provider
  • 12.
  • 13. “Aspire to be world’s leading e-platform for Halal cosmetics and personal care products” Winner of Halal Tech Challenge 2014. Initiated by Ministry of Finance, Malaysia RJ. Liow with Prime Minister of Malaysia.
  • 14. Some pointers: •Idea validation •Market validation •Contingency plan – next course of action/exit point
  • 15. Formula forFormula for Success inSuccess in BusinessBusiness Source: RJ. Liow, “Marketing Halal: Creating New Economy. New Wealth”
  • 16. The Fundamentals Passion alone is not sufficient
  • 19. Day/ Time Items Remarks Day 1 8.30am - 5.00pm • Registration • Welcoming Remarks • Ice Breaking Session • Introduction to Halal Business • Understanding Halal Concept • Sharing Session : Tips and Guideline to Start the Halal Business • Check List of Setting up the Halal Business • Case Study : Successful journey on Halal Business, Malaysia Experience Day 1 8.30am - 5.00pm • Presentation on Case Study • Products /Service identification for Halal Business • Risk calculation to venture in Halal Business • Sharing Session – Challenges and Issues to set up the Halal Business. • Group Discussion – Develop action plan to set up Halal Business using SWOT Analysis. • Presentation on action plan • Evaluation and Closing ceremony Managing DownsidesManaging Downsides
  • 20. Numbers tell financial health of your business •Understand the numbers in your Profit & Loss Statement is important •50% of new start ups collapse in 3 years; 90% in 5 years •Critical reports: Sales report, Gross Margin by products •We need analysis, not just a report
  • 21. Profit & Loss Statement – Critical ratios (eg: Personal care products) % Sales 100 Cost of goods 40 Gross margin 60 Advertising, Promotions & Promoters 30 Contribution margin 30 Overheads 20 Profit Before Tax 10 Corporate Tax 2.5 Profit After Tax 7.5
  • 22. Going Global •Incredibly diverse •Untapped potential •Profitable opportunities •More complex
  • 23. Marker Selection Consideration 5 most commonly considered factors in practice: Product nature Importation regulations Past experience Available export led network Distance to home market
  • 24. International Market Entry Strategies 5 most commonly used strategies: Export Contract Manufacturing Foreign Direct Investment Joint venture Acquisition
  • 25. 25 Connect with me “Ren Jan Liow” at: www.ays.com.my