entrepreneurship as a community development strategy
TRANSCRIPT
Entrepreneurship
As a Community
Development
Strategy
Entrepreneurs
hip ?
“Most of what you hear about entrepreneurship is all wrong. It’s not magic; it’s not mysterious; and it has nothing to do with genes. It’s a discipline and, like any discipline, it can be learned.”
Peter F. Drucker
“A person who creates and grows an enterprise from scratch”
Entrepreneurs use innovation to exploit or create change and opportunity for
the purpose of making profit.
Entrepreneur who starts the business from scratch. for example, initiating the plan ,
materializing and implementing and also creating brand for his products and services.
In simple words entrepreneur who run the business in a unique form
It reminds that focus is the person, not the venture itself.
“A business owner works ‘in’ the business while
an entrepreneur works ‘on’ the business.”
Ingredients of the entrepreneurial spirit
Creativity
Innovation
Motivation
Capacity
(Creativity is characterized by originality, expressiveness, and imagination)
Entrepreneurship five capacities
Ability to perceive opportunities.
Ability to access and manage risks.
Ability to build a team.
Ability to mobilize resources.
Ability to sustain creativity.
Serial Entrepreneurs
Opportunity Entrepreneurs
Necessity Entrepreneurs
Social Entrepreneurs
There are three main types of entrepreneurial talent
Potential
(those who may become entrepreneurs)
Existing business owners
(some of whom may be entrepreneurs)
Entrepreneurs
(including those with growth and even
high growth potential).
Early in the venture creation process
Motivated toward making a life change
Researching and developing business idea
Crossed the bridge and made decision to start business
Gave thought to the business model, although there may
still be some gaps
Some have formal business plan, although most do not
Entrepreneurship training and business counselling programs
Networking & Mentoring
Aspiring and start-up entrepreneurs needs moral support, networking and
mentoring, business counselling, and entrepreneurship training.
Have successful ventures but often do not
have the motivation or capacity to grow
Need support services as start-up
entrepreneurs:
• Networking opportunities
• Training to build their skill sets
• One-on-one assistance
•Developing e-commerce tools
• Tapping new markets
Entrepreneurs - Growth
Customized assistance
Higher order assistance
Networking
Expanding/strengthening the management team
Entrepreneurs – serial
Potential – youth
Civic entrepreneurship
Networking and mentoring
Entrepreneurial training and experience
Bill Gates
Microsoft
Larry Page and Sergey Brin
Ted Turner
Turner Broadcasting( CNN)
Sam Walton
Walmart
Steve Wozniak
Apple Computers
Prof, Dr. Ch. Abdul Rehman
Superior Group of Colleges
Mian Amir Mehmood
Punjab group of colleges
Mian Mansha Nishat Group of industries
Malik Riaz
Behria Town
Ahmad Nawaz Chattha
Gourmet Bakers
Mr. Munir Bhatti Mr.Denim
Create programs and resources that benefit our
communities and our lives
Need skills in planning their enterprise,
marketing their product or service, earning
revenues or obtaining funding to keep the
organization financially solvent, and
creating value.
Abdual Sattar Edhi Edhi Foundation
Imran Khan Shoukat Khanam Cancer Hospital
Zafar Roshaneh Kashf Foundation
Akhtar Hameed Khan Founder of grassroots movement
Siddiqui Tasneem A. Homelessness and Housing for rural communities
Yacoobi Sakena Afghan Institute of Learning Etc…..
There is no single set of actions that a community
should adopt to become entrepreneur-friendly.
There are three levels of support.
Basic Support
Advanced Support
High Performing Support
Investment
Leaders should......
Address any issues related to creating a positive
entrepreneurial climate
Take stock of current access to appropriate business
services
Create a focus on entrepreneurs, both business and civic
Provide regular opportunities for networking and mentoring
Leaders providing advanced support typically:
Link closely to the regional Small Business Development Centre office
Ensure that an entrepreneur has access to appropriate financial capital beyond that
provided by local banking institutions
Implement programs that increase local entrepreneurs’ awareness of and access to
new markets
Encourage programming that introduces youth to entrepreneurship
To be a high-performing community entrepreneurs requires
considerable community commitment and investment.
High performing communities are characterized by:
Using strategies that offer customized help to the full
range of local entrepreneurs.
Building on current financing resources by creating
area-based “angel” investment networks
Integrating entrepreneurial opportunities into the core
curricula of educational systems
High-capacity organizations dedicated to supporting
entrepreneurs.
The desire to start business extends across racial & ethnic
lines.
Communities should be aware of the high propensity of
minorities, especially recent immigrants, to start new
businesses.
Leaders understand and serve their minority entrepreneurs.
Building broad networks is important to success.
If there is little current support for entrepreneurs in community, they can start the
ball rolling by forming a team of leaders and interested citizens to lead the
entrepreneurial effort.
Once the team has come together, one of its first actions would be to examine what
the community is currently doing to foster entrepreneurship.
identification of entrepreneurial talent.
Focus on the type of entrepreneurial talent, plan visits to each and every
entrepreneur on your list.
Assets assessment.
Take action! By Keeping in mind that entrepreneurs need better networks, not
simply more programs
Communities recognizing – “entrepreneurship as a strategy of community development.
Communities – flexible & responsive to meet varying needs of entrepreneurs.
All entrepreneurs take benefits from networking and mentoring opportunities.
Basic support provides a positive climate and infrastructure.
Advanced support provides training, capital and access to new markets.
Finally, the highest order of support promotes customized assistance, “angel” investment
networks, and entrepreneurial curricula in local schools.
A large number of International NGOs are working in Pakistan for its betterment.
Few of them are listed below:
UNESCO
UNICEF
Swiss Red Cross
Konrad Adenauer Foundation
John D. and Catherine T. MacArthur Foundation
Japan International Labour Foundation
International Sustainable Development
Jay Salik Save Pakistan Foundation
Japan International Labour Foundation
More than 100 NGOs working in Pakistan in different fields.
The prominent ones are given below:
Community Uplift Program – CUP (Agriculture)
Faran Education Society – FES (Business)
Child Care Foundation – CCF (Children)
Association for Social Development – ASD (Development)
Aahung (Education)
Anjuman Falah-e-Insaniat – AFI (Environment)
Azad Foundation (Health)
Edhi Foundation (Human Rights)
1. Formulate Policy
2. Business Development Services
3. Development and strengthening of SME representatives
4. Set up and manage a service provider database
5. Conducting sector studies and analysis
6. Securing financing.
7. Conducting and facilitating seminars and Trainings
8. Donor assistances
9. Assisting in getting international certifications
10. Identification of service opportunities
11. Cluster development
Gulalai Ismail (age 24) is working with a vision of Girls awareness.
“I became an entrepreneur because I cannot accept the deeply rooted
gender inequalities, and I do not want to be part of the injustices! I
want to change the world for myself and other young women”.
Khalida Brohi (age 21) a young social entrepreneur fighting Honor
Killings in Pakistan (Youth and Gender Development Program).
Jamil Anwer (age 29) working on Cultural Classics. ( beautiful
handmade crafts through precision, creativity and hard work)
Noor Muhammad (age 26) (Pamir Times & Pamir Media Services to
promote the mountainous society in the Gilgit - Baltistan region of
Pakistan.
Rana Bilal Ahmed (age 29) (Youth Alliance for Human Rights,
awareness creation regarding physical health and disease)
Shamila Kiyani (age 28), “Tele-healthcare”, which is being
implemented at UM-Healthcare Trust in rural Mardan. The aim of this
project is provide affordable and accessible healthcare to
underserved community in rural Pakistan. (Jharoka)
Zeeshan Shoki (PAK Education Society).
Founder and Chief Executive of PAK Education Society (PES)/ Pakistan
Development Network (PDN). PES/PDN is a social enterprise exploring
innovative approaches to resolve various social issues by focusing
on education, health,ICT, Youth and economic development.
NOW IT’S YOUR TURN
But Remember“Nothing dies faster than a new idea in a
closed mind”