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This document discusses how the poor are already active participants in the market system as producers, consumers, entrepreneurs, and laborers. However, their needs are not being met by the existing market environment. Addressing the root causes for why the market is not providing solutions, such as weaknesses in supporting market functions and rules, is important for inclusive business opportunities. Examples from Bangladesh are provided that demonstrate how addressing information gaps can help the poor participate more effectively in markets.
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ppt-startup-160811092027 (1).pdf
The document discusses startups and managing startups. It describes how startups have disrupted many industries like taxis, grocery, books, hotels, shopping, media, and more. Some key points made include that India needs more entrepreneurs for growth, the best startups in India are founded by young people under 35, and that one shouldn't limit themselves to their own domain but can work in new areas like how the founder of Indiafilings had a background in airline management. The document also discusses the top 10 mistakes of startups and provides advice on essential elements to consider before starting a business like target audience, business model, and competitors. Overall, the document offers guidance on starting and managing successful startups.
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The ICSI must rise to the occasion to encourage and foster its young, capable and talented members for their future splendor by Setting-up of incubation centers and provide them necessary support and hand-holding in their growth. It is good time to start chain programmes on Startups and greet the future that “WE ARE READY”.
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Looking ahead, the future of OTT in India appears promising. The market is expected to grow by 20% annually, reaching a value of ₹1200 billion by the end of the decade. The increasing availability of affordable smartphones and internet access will drive this growth, making OTT platforms a primary source of entertainment for many viewers.
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- 1. Thank You
- 2. Why do we do what we do Mohd Fahad Ifaz
- 3. Bottom of the Pyramid “There is an invisible market waiting at the bottom of the world economic pyramid” C.K. Prahalad Making markets work for poor The next billion Inclusive business
- 5. We forget to ask “WHY”? Root cause? Symptom?
- 6. Why do we do, what we do ? Why isn’t their market environment providing solutions to these? What problems do the Poor have?
- 7. as Producer as Consumer as Entrepreneur as Labour Because the poor are already in the market system 7
- 8. The market system SUPPORTING FUNCTIONS CORE Supply ion s Setting & enforcing rules Standards Laws Not-for-profit sector Private sector The cause of poor performance here ..... es & Demand lat gu Re Informal networks Informing & communicating Inf no orm rm al ru s l .... lies here Information d te la ces Re rvi se Government Inf ras tru ctu re MARKET PLAYERS Business membership organisations
- 9. Challenge? Romanticizing the Poor Harms the Poor We should recognize the poor as “resilient and creative entrepreneurs and value-conscious consumers.” Charity? problem NOT a marketing The “Sachet Mindset” Business? NOT a technology problem The BoP presents The “Killer App mindset”
- 10. Rural Mobile Penetration 80% Fertilizer recommendation software Union Information Center Community Information Center in Upazillas
- 11. million people live in the chars of districts Agrani and NCC bank gave to pilot a loan product for Cattle farmers in the chars
- 12. For processing varieties Market knowledge Cultivation technique Invested in increasing farmers awareness , market knowledge and technique Potato production tons