Monday, 16 November 2015

OUTSTANDING FEATURES AND SUCCESSFUL ENTREPRENEURS


TASK A

1.0 INTRODUCTION


          Entrepreneur is an individual who operates a business and building changes also people who do business. Entrepreneurs can also be recognized as a person carrying on a business so successful with the motive of gain in addition to adopting strategic practices to succeed. An effective business person dependably has an in number feeling of self-assurance and a solid assessment of their aptitudes and capacities. Their identity is emphatic and solid. They are constantly engaged and don't generally falter with the current issues. This is the thing that makes them not the same as the rest. (Mahmood, et al., 2010).

          Entrepreneurship is the process of making and continuous action. Entrepreneurship also involves change, revolution, transfer and introduction of new approaches. Definition of entrepreneurship can be divided into many terms such as entrepreneurs, innovation, create organization, creating value, profit or non-profit, growth, uniqueness and innovation. Entrepreneurship also has three theories that according to economists, sociologists and psychologists. (Mahmood, et al., 2010).

2.0 NETWORKED


Noor Irfan Khairi Noor Azmi, Internet Business Expert (Mohyin, 2008)

          Networked is a gathering of interconnected (through link and/or remote) PCs and peripherals that is equipped for sharing programming and equipment assets between numerous clients. The Internet is a worldwide system of systems. See likewise neighbourhood and wide range system. Network also is a gathering of television or radio organizations that are associated and that convey the same projects in the meantime in diverse parts of a nation (Steel, 2000).

          Ifran Khairi start his online business when he was 22 years old and earned his introductory million three years sometime later. He unequivocally trusted that the 'mind set' is the way to building riches and has caused numerous to be free of their money related issues. Experienced from the failure causing Irfan Khairi started learning the ropes of the business on the internet. The strong interest in internet business has prompted Irfan Khairi re-learn a lot about marketing through the Internet, and also made a number of experts in the field of internet marketing for example To accomplish his objective, he was continually perusing motivational books and went to classes and talks (Khairi, 2010).

          This type of business is a very appropriate by unemployed graduates because they have different areas of expertise that they can be traded over the Internet, provided they are IT literate, have a computer and Internet facilities. The sincerity and confidence in their potential to be the best is an important thing (Khairi, Workshop, 2014).

3.0 OPEN RISK TAKER


Datuk Wan Mohammad Sani bin Salleh, CEO Sani United Berhad (Berhad, 2015)

          Risk is a possibility of dangerous or unpleasant happening and a situation that could be dangerous or have a bad result. Taker also means that someone who fearless in taking multiple barriers or risk that must be taken by him. So, open risk taker means someone who always fearless in taking any risks from every side. Then, it is will be fine if someone be patient with multiple risks that they should go through  (Steel, 2000).

          Datuk Wan Mohammad Sani Salleh has the privilege to be called tycoon, however he wants to be unassuming and says that what he has now is a luck that Allah SWT gives for him. "I strived to make this progress today. Be that as it may, the destiny is from Allah SWT," says this young entrepreneur (Wordpress, 2015).

          Before Datuk Wan Mohd Sani do this business, he was a model but after that he realized that his age is increasing then he think that he do not want to be a model more. He determine to change his level dealing. He also able to learn from mistake. Before doing any decisions he will think 10 times and more. It is because he wants his company be better than another company. He has made a loan for open this company because he does not have much money to cover all of budgets (Wordpress, 2015).

4.0 OBSERVANT


Jack Ma, Executive Chairman of Alibaba Group (Matthews, 2015)

          Observant is when an entrepreneur are very aware of the world around them. They pay attention. In fact, most ideas come from seeing things for what they are. They've noticed that something can be done, made or delivered better (Corp, 2015).

          Entrepreneurs who succeed are likewise perceptive of their clients' propensities and needs and in addition of their opposition. They do this by review the world from the point of view of their clients, which makes it less demanding to distinguish their rivals' vulnerabilities and inadequacies. They then actualize arrangements and practices that adventure watched shortcoming (Shah, 2014).

          For instant, as said Jack Ma is an entrepreneur  who had observant when he is in a first time heard about an Internet in 1994 and was introduced by the Internet in the United States in early 1995.He believe that the Internet will change the world. Ma thinks that it was an opportunity to him and will bring success to himself or China. Thus, he got the idea to create a website. However, the idea was opposed by friends and family, but he continued to believe in the power of his ideas for his observations (Flannery, 2015).

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