Wednesday 6 May 2015

Introduction to Entrepreneur






 INTRODUCTION TO ENTREPRENEUR


PREPARED BY :
NAME
MATRIC NUMBER
MUSTAKIZAH BT ABD JAMIL
226615
SHAKIRAH BT AHMAD
230173
NURUL AMIRA BT ALANG YAHED ( L)
232138
NORAFIQAH BT MOHAMAD ROSDI
233337
SITI NURLAILA BINTI SAMAD
233471
NADRAH BT SUHAIPIN
233655
NUR AISHAH BINTI AHMAD
234257




1.0 CONTENTS
1.1 INTEGRITY AND RELIABILITY

     

Dato' Aliff Syukri Bin Kamarzaman


            Integrity and reliability is a strict adherence to moral principles and consistenly good in performance or quality. These characteristics are necessary as an entrepreneur. Dato' Aliff Syukri Bin Kamarzaman is an integrity and reliability entrepreneur as he is a respected and successful entrepreneur. He is the founder of D'Herbs and also the owner of the company. He has been involved in business since childhood as he was 7 years old. He was born in a poor family and he lives with his grandmother in Sabak Bernam, Selangor.

            Dato' Aliff Syukri Bin Kamarzaman really in love with business. The integrity and reliability characteristics that we can see in him is when he is doing business in any way. Starting from selling his products to his friends in office. Then set up a booth at the market for every week. He never sit still as he knows to be a successful person, he must put a high moral principles and be an entrepreneur that good in quality. There was one time when his loan was not approved by bank. He almost despair because his hard work for working on the paperwork was rejected. However he realize if he stop that time, his efforts in this whole time are just a waste. As people say, if you lost a thing, then something will come to you as a change of the lost. After the incident, Dato' Aliff got a good spirit to tell his friends about the idea of his product so that his friend will help him. Almost all of his friends was interested in the product. They also think and believe that the product will leads him to success. Dato' Aliff's friends has gives him some money as down payment for business capital. Since that day, his business has become better and better. He has had his own company in 2010 and now he is able to produce 30 new product lines. His products have been produced in its own factory which is Aliff Herbs Manufacturing Sdn Bhd.

            The specialty of the products produced by Dato' Aliff is one hundred percent ingredients derived from herbs. Therefore, his products also known at Singapore and Brunei. The success in business that Dato' Aliff has achieve have shown that he is an integrity and reliability entrepreneur.


1.2 INITIATIVE

    

Dato' Haji Ramly Bin Mokni


            Initiative is the ability and enterprise to do what needs to be done. It is the first action or step and also the power or right to take action. Initiative value has been shown by Haji Ramly Bin Mokni. Before he became a successful entrepreneur, he is a butcher at the supermarket. Therefore he has used that experience to seize the opportunities that he had to produce halal frozen to meet the demands of society in Malaysia. Although at first, his idea have been taken lightly by some people, however he remained enthusiastic until his product was successfully conducted.

            During the development of Ramly's product, various allegations, obstacles, barries and challenges that he must go through. Even so, he never made it as a burden on himself which will break his spirit. In fact, he never gave up and continued with his product until Ramly's product became famous at our country at present. Moreover, due to his patience and initiative characteristics, Haji Ramly's product has been prevalent in our country where his products can be seen in some stores that already took his products for sale. Among his product are meat and chicken for burger, nuggets, sausage and fried chicken.

            Finally the product of Haji Ramly acceptable in Malaysia. As the result of his hard work for 30 years, he was awarded medals and also earned the title of Dato' in December 2009 by the Sultan of Selangor.



1.3 VERSATILITY



Dato' Jimmy Choo

            Versatility is having a wide variety of skills. Someone that versatile is capable of doing many things competently. Dato' Jimmy Choo is a versatile entrepreneur. He is a known shoes' entrepreneur and the talents in making shoes was inherited by his own father, who was a full time shoemaker.
           
            Dato' Jimmy Choo  has experienced difficulties in life where his parents could not afford to cover the cost of his education in the field of shoes  and fashions. He then opened up a shoe shop but the sells of his shoes do not have any demand among the costumer. However, he did not give up even always look for a way to expand his business until his shoes' design has becomes the preferred choice of international artist. He is a versatile entrepreneur who has many skills of business and has a lot of ideas. His management style is quite interesting. He is the chairman but also a whistleblower and monitor of his company and decision-makers in determining all his businesses.

            He was awarded the title of “ Dato' ” by Sultan of Pahang in the field of fashion, the title of “ Professor ” of the University of Arts London, and also the “ Order of the British Empire ” by Queen Elizabeth II in 2002 and he was the first Malaysian to be awarded the great award.

1.4 DECISIVE

Ray Kroc

             Decisive is means being “characterized by firmness and decision.” Being decisive is that you have the ability to decide and act. Leadership requires that you are able to make decisions effectively. Decisiveness does not mean being stubborn, arrogant or hasty. Decisiveness is simply the ability to decide with speed and clarity. In any situation the ability to decide is crucial. Whether it is with an emergency room doctor or the high school graduate debating what to do with her life, without clear decisions there can be no action and no results.
              Kroc is proud, ambitious and he strives to excel, stand out and be recognized for who and what he is. Ray Kroc has a very high ego and likes to be number one. He finds it difficult to take orders from others or to stay in the background, and he hates being wrong and assume himself is always right in everything. Kroc frequently meets a tremendous amount of resistance whenever he wants to assert himself in a decisive way, or do something just for himself. This resistance comes in the form of self-doubt, fear, or a heavy sense of responsibility to others as well as practical and circumstantial limitations. When initiating a project or acting independently, Ray Kroc may tell himself that he is not really prepared, or
 that he is not good enough and puts a lot of pressure on himself. Despite the obstacles, he can accomplish a lot in a patient. However, he is apt to aim too low, and not realize how much

he is truly capable of. He responds quickly and spontaneously to challenges, and enjoys vigorous physical activities that require fast reflexes and a good sense of rhythm and timing.

1.5 TIME COMPETENCE




Tan Sri Syed Mokhtar Al- Bukhary







              This time competency means that a time management that one or each of the entrepreneur should have to make their work and business successful. Managing a good time between important and not very important things must be decide and planning thoroughly to avoid a misunderstanding and unfair treat from others and own work and privacy. This traits can be seen in life of Tan Sri Syed Mokhtar Bukhary as an entrepreneur from his starting point. He manage to control and overcome everything that happen around him and managing his time to do all kind of things that happen around him.

           Because of his family's poor background, he had to step into the working world in his early life, while pursuing his primary and secondary studies. He helped his mother planting and selling vegetables in the market and also selling ‘roti canai’. His numeric knowledge was used to help his father in doing daily book keeping. After finishing his school, he helped his father in breeding cow business but only to see the business washed away by foot and mouth disease. Besides, he took over the business and start over by selling meats. Then, he move on to packaging the meats and start selling them wholesale. His determination paid off and the business started to take off. His determination starting to skyrocket, he quickly moved to expand into diversification of other businesses. His next big move was in the logistics business, with initial goal to transport their trading materials. More success followed and he moved to rice trading business. All the this things that he has done related how he control and manage his time efficiently without left anything behind especially his education while starting his job early time.


1.6 PERCEPTIVENESS 






Gerald Spencer



              Perceptiveness traits that each entrepreneur have means that the ability see things that happen around us and do something upon them to make better result than what would  have been. It is very valuable characteristic to have. This is because it influence to other entrepreneur traits. It is important because can minimizes laziness and selfishness among entrepreneur itself. To be a perceptiveness ones must realize that this world not only care our own needs and pleasure but also others people needs. Besides ones must doing and help others without being asked and try thinks that you see and understand what they need and want without they told you. As an entrepreneurs, they do not avoid problems that comes to them for sure. Instead, when faced with problems, they welcome them as opportunities or challenges.

              This incident happen when a Canadian soft-drink manufacturer is Cott Corporation started out their legacy, they had to face some problem. How could it hope to compete their business with Coke and Pepsi which are known as the two giants in the soft-drink industry? Gerald Pencer is entrepreneur as well as become Cott's entrepreneurial CEO, was very perceptive. Research indicated that soft drinks were one of the biggest selling items in supermarkets. He decided to develop Cott as a private label bottler and start trying to do Cott contracted with supermarkets and other retail stores to manufacture a variety of soft drinks that could be packaged under the retailer's brand, such as President's Choice at Loblaws or Master Choice at A&P. Cott's product challenged Coke and Pepsi by developing a whole new method of distribution one that allowed retailers to make more profits by offering consumers a much cheaper soft drink. Today, Cott is the fourth largest beverage manufacturer in the world.


1.7 ABILITY TO LEARN FROM MISTAKES


   

Generally, ability to learn from mistakes is when someone able to learn from his/her mistakes and makes it better. From business perspectives, the ability to learn from mistakes is important for an entrepreneur in order for them to be successful. Entrepreneurs will fail more times than they will care to count they accept failure as a learning opportunity and forge ahead. For entrepreneurs, reaching overnight success is rare making disappointments part of their regular activities.
            There is one entrepreneur that we can related to which is Leo Laporte. Leo Laporte is the founder and the owner of the TWiT Netcast Network (TWiT.TV). TWiT TV was founded by technology broadcaster and author Leo Laporte and run by CEO Lisa Kentzell and News Director, Mike Elgan. The network began operation in April 2005 with the launch of “This Week in Tech”, and continues to host that show and others on the network. He also directs the network as a whole, hiring staff, originating new shows, and approving all advertising.
            Technically, everything looks perfect but an entrepreneur cannot be successful if they do not learn from his/her past. He admit that his biggest mistake when running TWiT TV was when he is trying to do it all by himself. As a founder, he felt like he knew everything he needed to know about media, content, even the technology involved to reach his audience. He just didn’t know anything at all about business: finance, marketing, advertising, and human resources.
            After a few years of rapid growth his company had stalled out, and he was spending more time fighting fires than he was doing the stuff he loved (and that made money). Then, he learned from his mistakes by hiring a business partner then giving her full scope to do her job a little like giving up his company but it was a vital step to success


1.8   ETHICAL CONSCIOUSNESS


             Ethical awareness is the willingness and ability to identify moral and ethical contexts and dilemmas; critically examine, assess, and/or change one’s own ethical values; and examine the implications of one's own behavior for the lives of others.

            Systematic consideration of ethical principles requires us to adopt and employ a set of “should” and “should not” that define moral duty and virtue. 

Piktochart, a web application that helps people with no design experience to create beautiful info graphics, a popular medium to share information on the web. Within 8 weeks after its start-up in 2011, Piktochart had 15,000 accounts, 10,000 info graphics created and saved, and 200 Pro users. Today it has over 400, 000 users and count Harvard University, Cornell University, Deloitte, World Wildlife Fund, Marriott, Red Bull and General Electric amongst their Pro users. Piktochart was the grand winner of the Silicon Valley Comes To Malaysia (SVC2M) 2011-12 events.

The 27-year-old Ai Ching, who cofounded the company with her husband Andrea Zaggia. At first, she was very fascinated with tech start-ups but had no business ideas in mind. Both of them loved design and had great designers. When they saw the idea of info graphic was going to become a permanent trend and there was no info graphic editor out there, they wanted to create one that people can use.
The reasons she start the Piktochart was that she wants to change the mindsets of Malaysian. She thought that Malaysian in general were not as hungry or as lean compared with some foreign talents. They are not able to think outside of the box and seem to have pessimism attitude. Along with this, she hopes to see more start-ups as well as build more sustainable businesses that will exist for a long time. Well, it can be seen that Ai Ching is showing integrity in doing business. She strives to serve customers and consumers with honest, avoiding the actions of taking advantage on unawareness and human weaknesses.


1.9  FORESIGHT / FORECAST




        Foresight generally means predict or estimate the future. In business perspectives, foresight means that an entrepreneur is able to see clearer his/her business will be placed in future. Technically, in business, forecasting is used where it begins with certain assumptions. It does not provide you an exact situations that will occur but it will help give you a general idea. However, this will provide you with a sense of direction which will allow your company to grow.

            Lawrence “Larry” page (born March 26, 1973) is an American computer scientist and internet entrepreneur who cofounded Google Inc. With Sergey Brin and is the corporation’s current CEO. In 1998, Brin and Page incorporated Google Inc. With the initial name of “Googol”-this represented the amount of data that the search engine was intended to explore. During his time as a CEO, Page attempt to fire all of Google’s project managers in 2011.
            Page believed that the faster Google’s search engine returned answers, the more it would be used. He pushed his engineers from those who developed algorithms to those who build data centres to think about lag times. He also pushed for keeping Google’s home page famously spare in its design because it would help the search results load faster. However, two investors, Kleiner Perkins Caufield & Byers and Sequoia Capital, agreed to invest into Google, they pushed Page to step down from becoming a CEO. Eric Schmidt had been hired as Chairman of Google in March 2011. Under his leadership, Google underwent major growth, included its initial public offering (IPO). However, he always consults with Page and Brin.

            Page did a very a good job when he believes that a very powerful search engine is when the lag times for the search result to appear is shorter. It gives him a remark for the ability to keep moving on until success is achieved. As a result, today, Google has become the first search engine worldwide. Furthermore, page remained the boss at Google in the eyes of the employees, as he gave final approval on all new hires and provided the signature for the IPO, making him a billionaire at the age of thirty.
         

       
 
       
2.0 BIOGRAPHY


Dato 'Aliff Kamarzaman Bin Shukri was born on April 3, 1987 in Felda Kechau, Kuala Lipis, Pahang. He was moved and educated at the Sungai Besar Primary School, Selangor. After that he further his study at Telok Gadong Secondary School, Klang. After he finished his study in secondary school, he further his study at Taylor College. Nowadays he is a successful businessman because he is the founder of D’herbs Healthy Marketing since September 2010.

 Organization D’herbs company

In September 2010 he established D’herbs Healthy Marketing. In the earliest of the company establishment they operate the company only in a shop lot which is on the second floor with one employee at that time and four main D’herbs product which is foundation, slimming products, women’s healthy drink treatment lipstick. As we can see now they move a step forward with almost 90 new products lines with a total of 35 staff that helped launch the company trip until now.

After that they, when their business getting a higher demand they had rent two lot of shops to run their business. This is because they want to make it easier for their business partners to deal with them about the product. Nowadays, this brands of products has become a famous brand that has gained a place in the consumer’s heart not only in Malaysia but there are also Singapore and Brunei. This is a good opportunity for the products to be known because they can increases their sales and profit. Furthermore, they also aim to become one of the famous cosmetics brand in Malaysia and other countries worldwide.

Developments year 2012-2014

In the year 2012 it was a peak year for D'Herbs products in which they have under their own Labels Private Limited Company and they have developed their business by moving to
 four story building belonging to the company which is more strategic and comfortable .This is a good decision for them because, the company was able to convince all stockists and distributors to sell and market the product D 'herbs.

They have also opened several subsidiaries company which produces and sells cosmetics products and a twist concept where majestic. The company also deals with a single stockists appointed and will be responsible for the marketing the product and so far the demand for these products is very well received by consumers throughout Malaysia.

Furthermore, D'Herbs has also opened a company called Aliff Herbs Manufacturing Sdn.Bhd.the company is produces health and beauty products. Besides that they are also opened to the other companies who interested to produce products under the company. They also provide a services form the beginning until the end of the production according to customer’s satisfaction.


2.1 INTEGRITY AND RELIABILITY

Integrity is consistency between one’s actions, values, methods, measures and principles. Meanwhile, reliability is the ability of a person or system to perform and maintain its functions in routine circumstances, as well as hostile or unexpected circumstances. This integrity and reliability are very important to entrepreneur because it allow them to build the confident and trust in the stakeholders. This is because, if the entrepreneur have the bad integrity it will affect the company. Other than that, entrepreneur should be confident to speak in front of people and generate the new idea even there may have people that against the idea. For example, Dato’ Aliff Syukri the founder of D’Herbs product. His products is 100 percent ingredients from herbs and also affordable for everyone to have it compared to other health products in the market. Moreover, D’Herbs product also can be found for as low as RM15 concentration of people in each location, including night markets, pharmacies, Herbal shops, and sales centers D’Herbs itself. In fact, his products are produced in its own factory which Aliff Herbs Manufacturing Sdn Bhd. and fulfil customers Because of that, Dato’ Aliff Syukri’s products is very affordable and reliable to buy.


2.2 INITIATIVE

Find alternative if we fail, not always complaining is Dato’ Aliff Shukri trait to success in his business. To get business financing, he his self has been going to the bank, but was rebuffed by them, although he already made a paperwork that takes months to be done, they even underestimated him anyway but he did not despair. But bank officials didn’t bother to approve the loan paperwork and said he did not pass. There is also a close relative who looks down upon him and says he will not be able to success because he just SPM school leavers and did not study in a university. But he refused to stop. He takes another initiative. After thinking, he finally tried to get a loan from friends nearby and participants who had followed her beauty workshop (where he is a lecturer invitations) anyway and the response given is very surprising. All of them in the meeting interested and confident with his integrity to create a brand. With their money, he made the investment. He made his initial capital and combined with his farming business market two years hence. This show how he used another initiative, not easily and simply gave up when meet the challenges. Thank God, these efforts bore fruit, and became his turning point to greater high in business. RM100,000 collected from the initial loan and the accumulated money in farmers 'markets business results for 2 years, is enough to help Dato' Shukri build its own brand.

2.3 VERSATILITY
In the early stages, he had to go around the country to introduce the brand D 'Herbs. He is the boss, drivers, salesmen, agents and marketing officer at one time. His versatility in handling all this work made who he is today. Dato’ Aliff are risk taker who have all gotten over one very significant hurdle. He is the person who are not afraid of failure. That’s not to say that he rush in with reckless abandon. In fact, Dato’ Aliff often successful because he always calculating and able to make the best decisions in even the worst of cases and problems. However, he also accept that, even if he make the best decision possible, things may not goes well as he plan and sometimes the planning may fail anyhow. Because of that, successful people is known base on their work upon the strength they have such as interpersonal skills, selling skills, and so on. The best skills in Dato Aliff’s personalities is the ability to pursue others. For example, at the one interview he said, “it’s important for me to make clear explanation and demonstration to customers, thus attracting their attention to the goods sold.” It shows that he is concern about his customer. No wonder he is also known as a man versatility in dealing with anyone and in any cases.


2.4 ETHICAL CONSCIOUSNESS
Not arrogant & always customer-friendly. Among the biggest contributors to the existence of the company, D'Herbs is his friends who are willing to lend their nearest and invest money at the start of his business. For Dato’ Syukri, it is their infinite service to D'Herbs, even Dato' his self always say thank you and treat them well, even though he already was at the peak of his success. He does not simply forget their kindness and trust towards him and for the success of his company. We should have know, that in life, we not always at the top, sometimes we will experience the hardness and be at the low part in life. His warm mouth, makes many people love and happy to hang out with him. He knows how to handle people just by his sweet talk. Surely no one advice, that smile is calms and smile is a symbol of friendship that persuade customers' hearts. It is because he started from zero before drawing its own success. So he learnt a lot from the way to his success. He experience that and learnt from it every single thing. Ethical consciousness is very important as when people pleased with us, they will like our product and support us.


2.5 FORESIGHT
Foresight is the ability to predict what will be happen or be needed in the future. For an entrepreneur foresight ability is important to make sure their business can stay for a long time in the industry. Being an entrepreneur is much more uncertain than paid employment where income is guaranteed. This uncertainty covers sales and turnover, material delivery, production and many more. As a husband and father at a young age and lived in the city, Dato’ Aliff thought he must find a way to make extra income. Because of that, every weekend he will make the workshop of beauty and health in the workplace, whether private or government sectors. He also sells health and beauty products at the time of the workshop. The price is also not expensive, everyone can buy it between RM5 to RM10 only. The customers always preferred to buy the product with the low price. Because of that reason, he have sell his product with affordable price because he manage to fulfil the customer’s desire. Through the workshop conducted, he was able to earn up to RM3000 per month. After a few month selling others product, he make a decision to start his own brand. He fully used his all existing saving to produce its own brand. While aware of the risk of bankruptcy, he studying the acceptable of people about his product for several month. After doing the survey, his company D’Healthy Herbs Sdn. Bhd. managed to release the first lipstick collagen in Malaysia.  



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