...Interview with a Foreign Entrepreneur Group BACAF(S) I. Background of the Entrepreneur Rachel Yoon is a female, South Korean entrepreneur who has been in the business industry for fifteen years. She is currently the owner of Angelish Chubby Rice Burger and Fish Bread, a chain known in the university for their authentic Korean cuisine, but has stated that she had previous business experience where she handled an English guiding center for, at least, ten years. She had a goal in mind where she wanted people to open up their own business.Initially she was to open her restaurant’s branch in Robinson’s in Los Banos but ended up opening in a more difficult location in Los Banos Centro Mall. The main branch of the restaurant can be found in Ortigas but is currently closed down since she decided to focus more on the branch found in Laguna. The branch has been operating for four to five months since late last year. II. Entrepreneurial Environment Angelish’s customers comprise mainly of students from the University of the Philippines - Los Banos but frequent visitors also include those from the nearby hospital and professors in the university. Ms. Yoon says that she has never been to any of the other Korean food places in Los Banos and emphasizes the strengths they have: affordability and authenticity. Their food is cheaper compared to the other Korean restaurants and sticks to the original recipe instead of adjusting it to Filipino tastes. The focus is on the students...
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...Table of Content 1.0 Abstract 2.0 Introduction 3.0 Objective of the Research 4.0 Research Methodology 5.0 Findings and Discussions 6.0 Conclusion 7.0 References 8.0 Appendices 1.0 Abstract Knowing the importance of the developing women entrepreneurs in creating a energetic and faster economy growth for the nation, the Malaysian Government has been dynamically promoting women entrepreneurship towards realizing Malaysia’s Vision 2020. However, notwithstanding the importance of this area, our group has been choose to do research in this area, to prove how much is important woman entrepreneurship in social life of Malaysia. Further, it was reported by the Ministry of Women and Family Development (2003) that Malaysian women entrepreneurs are under-represented in the business world with evidence that some undesirable development where micro-enterprises which were scaled up to bigger enterprises were subsequently managed and taken over by the husbands or other family members (Jariah & Laily, 1997). Besides that, the number of Malaysian women who make it to the international market is still small (Rafidah, 2005). They are urged to charge their mindset in line with the changing of times in the business world and are advised to start producing quality products which are capable of penetrating the global market (Azlan, 2005). 2.0 Introduction The present report is an overview on the results of our survey that was carried out in the frame of the title “INVOLVEMENT...
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...profit. The clearest example of entrepreneurship is beginning a new business. The essence of entrepreneurship is defined by creativity and taking risks, and is a crucial element in the ability of a nation to flourish in the variable and highly competitive global markets. In today’s global world entrepreneurs that run their own start-ups need to evolve with the ever changing business world. As their business grows they also need to grow and adjust (Burns, 2011). It is very important that entrepreneurs of today transform themselves into leaders to manage their business better as the business needs to change as per the culture and structure. This report will discuss about Mai Jadawi, her business is about natural beauty products, the legal process she went through to register her business in Jeddah, Saudi Arabia, launch of her business and the obstacles she faced and is still facing while operating her business. 2. Identifying an Entrepreneur Female entrepreneurs contribute significantly to the economic growth and creation of jobs in developed and developing nations (Verheul and Thurik 2001). Mai Jadawi is the entrepreneur we as a tram chose to study. She is an independent entrepreneur who started her own business revolving around organic cosmetic products. It was an opportunity she took as she felt the market offerings at the time were lacking, starting off by distributing her own products to just her friends, before expanding her business. Mai can be considered to be an opportunist...
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...can provide. The overall objective is to empower learners through entrepreneurial thinking and immerse them in entrepreneurial experiences that will enable them to develop entrepreneurial skills. Inspire, Inform and Involve This highly interactive program enables participants to learn from the first-hand experience of successful real-world entrepreneurs. Drawing on the eight life-lessons described in the book, the program combines narrated chalkboard presentations with video interviews and case studies featuring modern-day examples of those who, like Clifton’s Uncle Cleve, have triumphed over hardship and adversity by embracing an entrepreneurial mindset. In addition to the narrated chalkboard presentations, each lesson includes individual learning assessments, discussion topics and assignments that are designed to maximize comprehension and assimilation while encouraging real-world application of the core concepts. The course also includes access to a vibrant online entrepreneurial learning community, a virtual campus that enables participants and facilitators to share their knowledge and experience with other entrepreneurs and educators within their own communities as well as others across the country and around the world. Target Audience and Delivery Options The Ice House Entrepreneurship Program can be adapted to a variety of participants ranging from young adults through higher education and workforce development, including those who may be economically...
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...by Young Male Entrepreneurs in Karachi Research Proposal Spring 2016 4th Feb 2016 Submitted To: Dr. Jawaid Qureshi Submitted By: Abdul Basit - 1435199 Syed Muhammad Haseeb - 1435218 Contents 1. Introduction 2 1.1 Background 3 1.2 Aims of Research 4 2.0 REVIEW OF LITERATURE 4 3.0 RESEARCH METHODOLOGY 6 3.1 Research Questions 6 3.2 Research Design 6 3.3 Sample Size 7 3.4 Research Instrument 7 References 9 1. Introduction: Interest in entrepreneurship in economies has grown within international business research due to the failure of getting employment, limited success of microfmance, lack of experience and knowledge and the relatively the unfulfilled promise of Government sector solutions. Research argues that entrepreneurial orientations and opportunities can be the answer to the former issue. In recent years, entrepreneurship has been regarded as an important element not only of regional economic growth itself, but of economic resilience. It has been suggested that this generation should become known as E-Generation because, they are expected to become the most entrepreneurial generation since the Industrial Revolution (D. F. Kuratko, 2004). This would be no surprise as a Gallup poll (Walstad, 2010) conducted in 2010 found that 69% of its 602 surveyed university students expressed interest in starting a business. However, a similar kind of pool which have the students who has just started their business as entrepreneurs indicated that...
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...ES 395 ENTREPRENEUR INTERVIEW – ASSIGNMENT 3 Role models are of critical importance in developing a career. It is essential that you look at the best in business and understand how they have become successful. Go out and find a VERY successful entrepreneur who has a dramatic impact upon their field. I would prefer that you seek this person out in the field in which you and your team are going to he doing your project, or it could be a real winner (not your parents or close relatives) in a field in which you are personally interested perhaps for a job for the future. Get an interview with them, pick their brains, cogitate and chew on what you have learned for a while, and then write a concise and powerful paper on your key findings about this person on how they became successful. The length of the paper is a maximum 2 PAGES with 10 or 11 point font and single-spacing. Find one of the real movers and shakers in the field. They may be the owner of a successful business locally, or it could he a regional or national entrepreneurial success story. Look at the industry or career you are interested in, then find the best, a really good entrepreneur, one who built the business, not just a manager. Do not set your sights low. Strive for the top, if you don't get that, go for no less than second best. You may get turned down. So what. A good businessperson loves to talk about their successes and their abilities (sometimes they will talk too much), and they often have a compelling...
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...find out the best suited career by keeping in mind hobbies and special interest that the person has (Job Interview & Career Guide 2009). However, many youths be influenced by their friends and popular trends among the society to select a job. Moreover, some youths also need to follow their parent’s decisions. These kinds of things may lead to higher job dissatisfaction. There is a quote states that “planning without action is futile, action without planning is fatal”. Therefore, it is utmost important to have a plan for our future career. Since I was in primary school, I really wanted to become a doctor. That was why I studied science in my senior high school, but I really did not get pleasure in science classes. When I graduated from my senior high school, I made up my mind to change from Science to Business in foundation. As time goes by, I have developed an enormous interest in business. Thus, I decided to become an entrepreneur in my future. There is a stationary shop in my university which is located at G-17, The Boardwalk, No. 2, Jalan Taylor’s, Bandar Sunway. I frequently go there for buying stationary’s stuffs. I often have a talk with the owner of the shop, named Mr. Loi Tee Seng. I found out an interesting biography of him. Hence, I decided to interview him as my role model as a success entrepreneur. Background of the Entrepreneur Through the interview that I conducted with Mr. Loi Tee Seng, he studied Bachelor of Law in London, England. He was not completed...
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...Holy Angel University Basic Education Department Successful Entrepreneur An Interview Submitted by: Angeles, Christopher Jan M. Nolasco, Katherine G. Teria, Christine Joy V. Submitted to: Mrs. Rowena Domingo February 3, 2016 I. Introduction We are the student of Mrs. Domingo and we are asked by her to make an evaluation or interview with an entrepreneur whose business is 5 years or older. We had a chance to have an interview to a mini giveaway and school supplies shop located at Bart Mall, in front of our school which is Holy Angel University. We chose him because a lot of students go there to buy their school needs, and they had the ability to start a business with a small amount of capital and we are to ask some questions about. Starting a business in these days is hard because we all know many people are trying to enter into business industry, and we want to know how a business was ran, what are the problems encountered and how it became successful. II. Body of the Paper The owner of the giveaways and school suppliers shop which is Nelia Mendenilia, she is not around so we had the interview with his brother. The name of the business is Student’s Choice Gift shop. They chose this name because they are located in front of a university, and most of their consumers are students. The business has no employees because they want to make sure that they know the flow of their business, what are the needs of the consumers that...
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...now us set for his children and his grandchildren. Many entrepreneurs have very strong characteristics and similar ambitions as Tino has. It is said that to have a successful business, one must obtain entrepreneur qualities. Diligent and hard working, they strive through the ups and downs of start-up companies as I was told during the interview with Mr. Corona. They are "self starters" and have a superior belief in themselves; this is so true because when Tino had challenges to overcome for example a challenge that he had to overcome was the feeling of giving up. Tino stated that “he was not seeing the results he thought he would see at first in terms of the income and his funds were running out. He overcame that by stepping back and evaluates his product, service, target market, and his marketing strategies”. (Corna, Tino, 2010). An entrepreneur has to be patient and wait. From hearing Tino success, I know that businesses take time and nourishment. It is obvious that it takes years for a small business to even rise up enough to go public. An Entrepreneur are very consistent and usually considered work alcoholics. Entrepreneurs are willing to stay with a business during rough times or are able to sell and venture to a new business opportunity as Tino did when he had too much on his plate. You learn to plan ahead and have good self-discipline in managing your own time. I believe it takes many qualities to be an entrepreneur,...
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...Entrepreneurship: is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods In other to make profit”. This may result in new organizations or may be part of revitalizing mature organizations in response to a perceived opportunity. The most obvious form of entrepreneurship is that of starting new businesses (referred as Start-up Company); however, in recent years, the term has been extended to include social and political forms of entrepreneurial activity. When entrepreneurship is describing activities within a firm or large organization it is referred to as intra-preneurship and may include corporate venturing, when large entities spin-off organizations. Who can become an entrepreneur? There is no one definitive profile. Successful entrepreneurs come in various ages, income levels, gender, and race. They differ in education and experience. But research indicates that most successful entrepreneurs share certain personal attributes, including: creativity, dedication, determination, flexibility, leadership, passion, self-confidence, and “smarts.”Creativity is the spark that drives the development of new products or services or ways to do business. It is the push for innovation and improvement. It is continuous learning, questioning, and thinking outside of prescribed formulas. Types of entrepreneurs Social entrepreneur: A social entrepreneur is motivated by a desire to...
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...Executive summary Introduction Background and history of business • The presentation of the content of the interview. It is important to divide the questions into groups, e.g.: • Background information before the entrepreneur founded the business (the focus here should be on the entrepreneur) • Motivation for self-employment (brief discussion of why he/she founded the business) • The pre-start-up phase (i.e. opportunity, planning, financing) • The start-up process (including the obstacles that he/she faced) • Managing the business (challenges, opportunities) • Support and development needs of the entrepreneur • The future of the business (e.g. expansion, succession, harvesting) • Your recommendations to take the business to the next level or to solve challenges faced by the business. • End the report with a conclusion and summary. • Include (at end of the report – one page) your reflection (how did you experience the interview/assignment?) after completing the assignment (lessons learnt, value added to you, suggestions for future assignments, among others). Interview questions 1. Will you please give me more info wrt to Frankie Bells? 2. Would you tell me about yourself before you started your own business? 3. Whom else did you know while you were growing up who had started or owned a business, and how did they influence you? 4. Were your parents, relatives, or close friends entrepreneurial, how so? 5. Did you have role models? 6. What...
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...Introduction A woman entrepreneur is defined as a woman who has alone or with one or more partners started or inherited a business, and is eager to take financial, administrative, and social risks and responsibilities, and participate in the day-to-day management activities (UNDP, 2004). Women in Asian countries like India, Myanmar and Bangladesh have played and also are playing a good role in politics. So, Bangladeshi women are enjoying freedom to join politics as well as business. But compared with the Unites States and the European countries, the number is still poor. In fact, women entrepreneurship development is a challenging phenomenon in Bangladesh as women are lagged behind (economically and socially) compared to men. Generally, women are more victimized as because of their illiteracy, unawareness, unorganized, powerless or less political representation, deprivation, rigid social customs, religious constrains and injustice by their counter partners particularly in rural area. Women constitute about a half of the total population in Bangladesh. So for proper representation of women in the arena of entrepreneurship development, "women should constitute 50 per cent of the country's total entrepreneurs." But the ground reality is totally different. "The ratio is not even 10 per cent. The actual ratio is much lower than that. We do not know the exact number of women entrepreneurs in the country,” There is no real information on how many women entrepreneurs exist in the country...
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...Overcoming Adversities to Succeed in the Web-designing Business: Ajency.in Teaching Note 1. Overview The case on Ajency.in takes us into the world of two budding entrepreneurs Anuj and Avanti who have just started a web-design company. This case illuminates the road blocks faced by a start-up company. These are apparent in both, their professional as well as their personal lives. This case shows how the practical and forward thinking approach helped the two of them side-line their obstacles. 2. Issues raised in the case Some of the questions raised in the case are as follows: • Being a new age web based company, what were the non-conventional roadblocks faced by Ajency.in? There are many roadblocks faced by entrepreneurs, especially at the start-up stage. In the third world countries, still striving to develop conditions favorable for a fast and smooth entrepreneurial growth, every entrepreneur has to face various types of problems Four dimensions of difficulties faced by Entrepreneurs Infra-structural Facilities a) Availability site b) Securing of licenses c) Availability of technology d) Electricity and water connection Economic Climate a) Availability of finance b) Condition of the economy c) Competition Training and Guidance Facilities a) Access to entrepreneurial...
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...(in terms of learning outcomes detailed in the course outline) which you, personally, have gained through your work on the course. You should write this up as soon as possible, perhaps making some notes at the end of each day. Be sure to include learning from your interview with the entrepreneur, and learning from listening to the summaries of entrepreneur interviews from your class peers, as well as your in-class learning from theory and practical exercises. You are free to choose your own style. One effective approach is to list your learning using ‘bullets’, but you should add a few sentences to clarify your understanding of these 'bullet points'. (ii) A narrative identifying, as a result of your reflection on your learning through this class over the three day period: - The key attitudes and skills you, personally, have developed - The linkages you perceive between your learning and your personal development through this class, taking into account your own background, interests, core studies and career aspirations - Linkages between your learning in this course and other subjects studied - The new understandings you have developed and how your perceptions have changed about entrepreneurs, entrepreneurship and new venture creation. NVC module was a good experience to give clear insights into the product development process. Initially, I was bit disappointed with module contents. I thought it is just a repetition of theories and exercises from few...
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...Entrepreneurship is a business organization and management, if the risk for profits. Entrepreneurs have to see an opportunity, make a plan, and start a business. They in charge of the business and receives the profits. Risk by organizing training plan to take a chance, as policy makers, decide what, how, how much will produce goods or services. An entrepreneur has to deliver venture capital risk takers, and monitor and control the business activities. Entrepreneurs are often investors, partners, or who holds a majority stake in an integrated risk. In our republic, Malaysia, entrepreneurs have more responsibilities in the expression of survival sooner than wearisome to have any significance. On the other hand the information and the universal tendency point toward that our professional, small businesses still now typically result in our economy. Small businesses persist in today's business entrepreneurs; they endure, as with high excellence products or services. In this report, we focus on such a small business entrepreneur, his own career from scratch, an ordinary average survival from day to day, and now has been vigorous development of a successful entrepreneur. In this report, we had an interview with Mr. Sam, Managing Wal-Mart Store Inc. ORGANIZATION OF THE REPORT The report was described by the interviewer is organized into an officer. This is the first person narration to write the report in a statement. EARLY LIFE As we know it today evolved from Wal-Mart Sam...
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