This blog is made to educate people out there on how to be a successful entrepreneur
UUM
Wednesday 25 November 2015
Nowadays, most of people say about entrepreneurs is not true. This is because they less to research or knowledge in the field of entrepreneurship. Here have a few myths of entrepreneurship.
1. Entrepreneurs are born, not made.
This myth means that the characteristics of entrepreneurs cannot be taught or learned and the entrepreneurs are born with special traits like analytical
ability, willingness to take risks, aggressiveness and skill in human relations. However, in reality, entrepreneurs can be produced, can be taught and not limited to the certain family, ethnicity, group or individuals.
2. Entrepreneurs are always inventors.
Not all the inventors are the entrepreneurs. Although many successful entrepreneurs are not the inventors, but they use creative ideas to do something. They will revise and innovate the ideas to fit the market demand.
3. All entrepreneurs need is money.
In reality, money cannot ensure success. Entrepreneurs have to deal with other problems like lack of financial understanding, poor investments, poor planning. Therefore, money for entrepreneurs is only a resource.
SISWANIAGA UUM CATALYST YOUNG ENTREPRENEURS
Recently, Universiti Utara Malaysia (UUM) held a party Konvo administrator 2015 in conjunction with UUM Convocation Ceremony for the 28th time, Business Expo, where carried out at the national defence Course became the main agenda of this festival. Some of the stalls set up in the Expo is conducted by the UUM siswaniaga under the conduct of a Department of Student Affairs (HEP) previously operated by the Institute of Entrepreneurial and Cooperative Development (CeDi). Cedi was established on March 1, 1990 to develop entrepreneurship students at UUM. From 1 January 2011, the post graduate and Research Division has been established in accordance with the University's aspirations to become a research University by the year 2013.
Institut Pembangunan Keusahawanan dan Koperasi (CeDi)
When mentioned about successful entrepreneurs figure in Malaysia, sure all imagined Tan Sri Tony Fernandes, Tan Sri Syed Mokhtar Al Bukhari, Mustapha Kamal, Ananda Krisnan, Tan Sri Azman Hashim and many others. Most of the names are often mentioned and already we know. General. As has been known in Malaysia now is Dato' Aliff Syukri.
Tan Sri Dato' Dr. Tony Fernandes - AIR ASIA
Tan SriAnthony Francis "Tony" Fernandes, CBE (born 30 April 1964) is a Malaysianentrepreneur. He is the founder of Tune Air Sdn. Bhd., who introduced the first budget no-frills airline, AirAsia, to Malaysians with the tagline "Now everyone can fly". Fernandes managed to turn AirAsia, a failing government-linked commercial airline, into a highly successful budget airline public-listed company. He has since founded the Tune Group of companies.
What is particularly interesting about the biography of Dato ' Tony is his involvement as a prime mover in the establishment and operation of Air Asia, a low-cost airline in Asia's most successful. Start with two Boeing 737 airplanes that are obsolete when still owned by the Government, is now Air Asia group led Tony Fernandes since 2001 has advanced from setapak setapak until now holds to 62 aircraft in service and the other in 277 orders. When all the planes it operates in the future, this may make the group flight Air Asia low cost carrier groups as the tebesar in the world.
Tan Sri Syed Mokhtar Al-Bukhary.
Tan Sri Syed Mokhtar Shah bin Syed Nor Al-Bukhary is a Malay entrepreneur and businessman that are richest in Malaysia. According to Malaysian Business Magazine he has assets valued at 2.93 billion in 2005 as the seventh richest person in Malaysia in 2005. He was born in Alor Setar, Kedah in 1951 he started his business as an entrepreneur meat in 1970. He is also the owner of al-Bukhary Foundation involved in business based on plantations, construction, engineering, infrastructure and ports. In the 1980s, Syed Mokhtar has been shifted to the field of transport that have brought good luck to him up to become a Bumiputra corporate figure among richest in Malaysia. His business career started in the early 90s in Johor during Tan Sri Muhyiddin Yassin as Menteri Besar. He is very interested in the field of port management and development was one of the men responsible for bringing the port of Tanjung Pelepas, Johor became famous in the eyes of the world within a minute. Later, Syed Mokhtar and co-founded the Foundation (Islam) Al-Bukhary, who has built and managed the Islamic Arts Museum Malaysia worth RM70 million in Kuala Lumpur apart from many perform work mainly around charity and welfare state of Kedah and Perak.
Tan Sri Mustapha is a former student of the University in history. After graduating from the University of Malaya in 1970, he started his career in government service in the district and land offices in Selangor as Assistant District Officer until being appointed as Deputy Commissioner of lands Mines. & Then he moved to the private sector where he was appointed Managing Director of Shah Alam Properties Sdn. Bhd.
It's at the stage of his career he had begun to strengthen various skills, knowledge, experience and competencies required in property development until he has full confidence to start his own business venture. This has prompted him to establish the EMKAY group of companies in 1983.
Armed with experience as Deputy Commissioner of lands and mines and experience for about 21 years in the real estate development industry, Tan Sri Datuk Hj Mustapha Kamal was known as an Executive Chairman of the active and practical, in supervising and decide the direction of operations of the group to formulate the vision and goals, at the same time, pour the wide knowledge in the industry of its own.
Tan Sri also contributed to the real estate industry locally and internationally. Among other things, he is a Director of South-South Corporation (MASSCORP) member of the Executive Committee of the Malaysia South-South Association (MASSA) and National Coordinator for Africa.
Dato ' Aliff Syukri Kamarzaman born on 10 April 1987 in Felda Kechau, kuala lipis, Pahang. He was moved and still schooling at sekolah Kebangsaan sungai Besar, Selangor then attended Sekolah Menengah Telok Gadong Klang. After that he had learned in school Pondok Sand Grow. After graduation in huts, she continued her studies in school Integration As-Syakirin, Shah Alam until form 5 and continued his education at the Taylor Collage.
Entrepreneurship is in the English word "entrepreneur" means a try. This word is derived from the language of "entreprendre" Date. While in English, the term entrepreneur is derived from the word "effort". According to hyphenation effort is trying, as best as can all avenues to perform a job.
"A company that implemented the new merger to develop new products and services, new sources of raw materials, new methods, new shaped organization and production methods that are more effective." SCHUMPETER (1934)
We go turn on what is the purpose of entrepreneurs.
“Entrepreneur is one who undertakes to organize, manage and assume the risks of business" .
Kuratko & Hodges ( 1992)
“Entrepreneur is more than a just a risk-taker and innovator. He or she is theone who sees the future that no one else has seen and. If this perception iscorrect, bring about a reordering of resources to produce greater consumer satisfaction and technological efficiency.”
Krizner ( 1979)
5 Characteristics That Define Successful Entrepreneurs.
Successful entrepreneurs are characterized by similar qualities. Here are five that especially define success.
When you look at startups that eventually made it big, either by growing into a big corporation or by getting sold for a substantial sum of money, you notice similarities about the businesses: for example, their approach, team, or timing. But even the greatest ideas can struggle to gain momentum without a resilient and capable leader at their helm. Similarly, a great entrepreneur can take an idea with moderate potential and transform it into something legendary.
There are too many environmental variables in play to reduce the propensity for success down to a handful of factors, but there are certain traits that great entrepreneurs share.
1. Resilience.Entrepreneurship is going to dole out constant challenges, some of which you've already considered but many of which you'll never see coming. And it's about more than just business opportunities and obstacles--your personal life will be challenged as well. You'll face complex financial problems, decision-based dilemmas, long hours, sudden changes, and predictions that egregiously fail.
You must remember that all these challenges, while difficult to face, are a natural part of being an entrepreneur. Success in business ownership is rarely a matter of how many challenges you face so much as it is a matter of how you face those challenges. Triumphant entrepreneurs have a level of resilience, which allows them to face an almost constant slew of challenges without ever weakening their resolve.
2. Agility.Startups have one critical weapon that distinguishes them from their larger, better-established counterparts: they're nimble. As the leader of your startup, you must be nimble as well. Agile entrepreneurs are able to treat every problem they encounter quickly and adeptly, without taking too long to address them. This agility allows entrepreneurs to remain proactive and vigilant, preventing small problems from becoming major ones
3. Patience. Too many entrepreneurs get started with a business based on dreams of becoming an overnight millionaire. Several leaders in the tech sector with some great new idea have been able to seemingly rise to success out of nowhere, but the reality is this level of success can only come after years of hard, committed effort. Successful entrepreneurs realize that all great things take time, and aren't impeded when their great ideas don't take off immediately.
4. Trust.Mutual trust is a necessity when working in a position of leadership, especially in the context of a small team that typically defines startups. For example, entrepreneurs need to trust their team leaders to accomplish their primary objectives without interference. If that trust isn't there, team leaders will not be able to execute their work effectively. It's also a symptom of a hire that isn't the best fit for the organization.
Of course, workers, partners, and investors all need to trust you as an entrepreneur as well. You can cultivate this trust by maintaining constant, transparent lines of communication, which will also facilitate greater productivity and a tighter sense of collaboration within the team.
5. Passion. Finally, it's impossible to be a successful entrepreneur if you aren't passionate about your work. Passion can be defined subjectively, but what's important is that you're excited to come to work every day. You may not like every task you have to perform or every person you have to work with, but at the end of the day, you must be both satisfied and exhilarated to be the leader of your own enterprise.
Without passion, your productivity will suffer, but more importantly, you'll never be happy with where you are. Only when you're truly passionate about your work will you be able to find the success you yearn for.
For more info,25 Common Characteristics of Successful Entrepreneurs. Do you have what it takes to get through hard times? Here are the traits that help home-based business owners thrive.
