ENTREPRENEURSHIP

A Life Experience

WHAT IS AN ENTREPRENEUR? One who Creates a Business in the face of Risk & Uncertainty for the purpose of achieving Revenue/Income & Profit by seeking Opportunities and assembling the Resources to Capitalize on them An Entrepreneur takes care of the Tree and harvests the Fruits for Revenue & Income An Entrepreneur is a Bottom-Line Manager who :  Secures Sales  Pays Employees  Pays Creditors  Pays the Bank  Pays Income Tax  Pays Dividends 2 .

TAKING CARE OF THE TREE An Entrepreneur takes care of the Tree and harvests the Fruits for Revenue & Income THE BUSINESS  Products  Services THE PILLARS  Organization  Systems  Policies and SPI THE ENTREPRENEUR  Customers First. Shareholders Last  Bottom-line Manager  Getting Things Done  Willing to Commit 24 x 7  Passion 3 . Creditors Third. Staff Second.

STAGES OF ENTREPRENEURSHIP WHEN DOES BREAKEVEN OCCUR ? REVENUE/INCOME & COSTS Breakeven Point FIXED COSTS TIME/VOLUME 4 .

WHY BE AN ENTREPRENEUR ?  It’s a Sunnah of our Prophet Muhammad SAW  Be Your Own Boss  Create Employment  Employment for Generations 5 .

HOW TO BE AN ENTREPRENEUR  Become a Franchisee  Takeover an Existing Business  Develop your own Business 6 .

BECOME A FRANCHISEE  Proven Business Model  Training and Mentoring  Highly Likely To Succeed  Prepare Financial Business Plan  High Investment vs Payback Period  May Be Inflexible 7 .

BECOME A FRANCHISEE BE AWARE WHEN BREAKEVEN OCCURS REVENUE/INCOME & COSTS Breakeven Point FIXED COSTS TIME/VOLUME 8 .

TAKEOVER AN EXISTING BUSINESS  Normally Problem Business  You Have the Expertise  Do a Financial Business Plan  Passion vs Sufficient Capital  Prepared to be a Bottom-line Manager 9 .

TAKEOVER AN EXISTING BUSINESS BE AWARE WHEN BREAKEVEN OCCURS REVENUE/INCOME & COSTS Breakeven Point FIXED COSTS TIME/VOLUME 10 .

DEVELOP YOUR OWN BUSINESS  Guaranteed Buy Back or Contracts  Reputable Technology Provider  No Construction Risk  Performance Guarantees  O+M Guarantees  Prepared to be a Bottom-line Manager  Financial Business Plan  Project Financing 11 .

DEVELOP YOUR OWN BUSINESS BE AWARE WHEN BREAKEVEN OCCURS REVENUE/INCOME & COSTS Breakeven Point FIXED COSTS TIME/VOLUME 12 .

ENTREPRENEURSHIP THANK YOU FOR YOUR TIME ANY QUESTIONS ? 13 .