Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
IMT 2432
Submitted on:
August 2016
Group Members:
Name
Student Id
Pdm1471335
Pdm147541
Pdm1471277
Pdm1471089
Pdm147301
Pdm147065
PDM1 Semester 5
PDM1 Semester 5 July 2014
For:
Miss Fairuz
Technical Training Officer
Entrepreneurship
IMT 2432
German-Malaysian Institute
Table of Content
Content
1. Introduction
1.1 Entrepreneur Personal Detail
1.2 Description of Business
2. History of Business
2.1 Year of opening and business licensing procedures
2.2 Reasons for business and product/service type selection
2.3 Stages of the business development
3.0 The entrepreneur
3.1 Entrepreneurial skills developed
3.2 Positive views of entrepreneurship
3.3 Competitive strategies
3.4 Maintaining good customer relation
4.0 Reflection
4.1Lessons learnt from the interview
5. Appendix
Pages
1. Introduction
1.1 Personal Detail
Name:
Age
Address
Registered name
Registered date
Company registration
number
Type of business
Address(headquartes)
Telephone number
Facsimile number
E-mail
with his life partner, Mrs Rahimah Bt Sulaiman as the executive director of Mrs
bright. The company name, Mrs is actually the combination of the two directors initial
who want the abbreviation to be associated with significant definition of the word
bright especially clean-bright.
Mrs Bright Company is in growth stage because the company physically, mentally
and finally matured to undertake any offer double, triple of its initial capacity. This
company already have loyal customer that use the service that providing by Mrs
Bright Company.
3. The Entrepreneur
3.1 Entrepreneurial skills developed
An entrepreneur is an individual who, rather than working as an employee, runs a
small business and assumes all the risks and rewards of a given business venture,
idea, or good or service offered for sale. The entrepreneur is commonly seen as a
business leader and innovator of new ideas and business processes. To become a
successful, entrepreneur must have those characteristic of confidence, competence,
courage and self-discipline.
Entrepreneurs play a key role in any economy. These are the people who have the
skills and initiative necessary to take good new ideas to market and to make the right
decisions that lead to profitability. The reward for taking the risk is the
potential economic profits the entrepreneur could earn.
There are many skill that Mr Saiful had develop. The most importance things skill he
develop while doing the business are confident and integrity. You have to be patient,
passionate with what you doing. If you fails, dont lose focus, persistence with what
and opportunities. In order to become a successful, entrepreneurs must have these
strong characteristic. With those character you can achieve every things that
entrepreneur wants.
own value. The entrepreneur paid by the value, while the workers paid by the hours
they have work.
Having time freedom means that the entrepreneur have unlimited time and make
their own schedule. The entrepreneur are independent person, their able to make
their own decisions about company.
The goal of the entrepreneurs are maximize self-potential compare to businessman
solely to profit only. The entrepreneurs are innovative and
Quality
Mrs bright provided cleaning service with high quality. Quality is crucial to
professional cleaning. This company do not compromise quality with any cost. All
project are subjected to strict quality review by Mrs Bright Executive to ensure that
quality is built into every phase of the project. This company using only the high
standard cleaning equipment.
Cost Effectiveness
Mrs bright constantly strive to reduce company cost in order to maintain a
reasonable price. They use the best and only effective chemical for cleaning service.
Mrs bright company have an assessment of customers requirement in order to
formulate tailor-made package that will best meet customers demand and yet
economical.
The core of every successful business are having the loyal customer. Maintaining
customer relationships is no easy task, but if done right, it can help set your
company apart from your competitors. To attract the customer, entrepreneur have to
be a magnet that people love to be with. Customers only attract to good
entrepreneur. Entrepreneurs need to have strong characteristic in order to attract
and maintains relationship with the customer, you have to speak wisely and
intelligent, respect others more and respect their decision. The entrepreneurs have
to listen to their customers requirement and demand. Communicating is the most
important things in order to maintain a good relationship with customer.
4. Reflection
4.1Lessons learnt from the interview
Lots of valuable lesson that we learnt from the interview with an entrepreneur
Captain
Saiful.
Hard
work
beats
talent.
Hard
work
outweighs
talent
and intelligence and is necessary if you want to succeed. This not only means
working hard when things are going well, but working harder when things are not. It
means taking calculated risks and sticking to them, no matter how challenging they
are.
Confident and integrity are the most importance characteristic in order to become a
successful entrepreneur. You have to be passionate and love with what you doing.
Dont afraid to start or run small business, take a risk. So many people are afraid to
get started because they think they need to start with large capital money to start
with. Dont be afraid to start small. Everyone has to start somewhere, and you dont
need a lot to do it.
5. Appendix