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How to Become an Entrepreneur ?

Date post:11-May-2015
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Entrepreneurs: Heroes in Egypt’s Economic Development
  • 1.Prepared by : Yahia Mohamed Reda Benha University faculty of science

2. Are you going to take an office job or become an engineer, or doctor, like the rest of Egypt? 3. ENTREPRENEUR 4. Because they innovate Create competition Create new jobs Generate revenue and inspire others 5. NOT YES Copying existing Innovative (addingmodelsvalue) Lazy Loves change, risk Quitter Workaholic Content with the Team-playerway things are Leader 6. Name: MarkZuckerbergAge: 25Started Facebook.comwhile studyingcomputer science atHarvard University. CEO and Founder of Facebook 7. Name: Fadi GhandourAge: 51Founded ARAMEX in 1982Aramex was the first Arabcompany to be listed onNASDAQ CEO and Founder of Aramex 8. Name: Nadia & Hind WassefAge: 35 & 38Opened Diwan because theyloved reading, and wanted tocreate a place that wouldcelebrate Arab culture.Founders of Diwan Bookstore 9. Example of Successful Young EgyptianEntrepreneurName: Mostafa HafezAge: 26Founded Timeline Interactiveafter graduating from AinShams University (ComputerScience).Founder of Timeline Interactive 10. 1 1. FinanceWrite a business-plan Calculate your costs Double that! (be on safe side, youre always missing things) Find angel investing (family, friends, SFD)1FIRSTEPs for Start-ups taken from material by Eric Zoetmulder 11. 1 2. Interest & CommitmentBe passionate about what you do, you wont have time foranything else!Dont just go for money, you will fail1FIRSTEPs for Start-ups taken from material by Eric Zoetmulder 12. 13. RealisticDo market-research (who are your clients, main competitors) Start with realistic goals Respond to real consumer need1 FIRSTEPs for Start-ups taken from material by Eric Zoetmulder 13. First steps for Start-ups4. Strategy Make a strategicplan: how to go from zero to your Unique Value Proposition 14. First steps for Start-ups5. TimingTime the release of your productIf youre too early, consumers wont be interested If youre too late, others will have taken your model 15. First steps for Start-ups 6. Encouragement Get feedback from friends, family & look for a mentor. You need their support 16. First steps for Start-ups 7. Planning Plan for the worst case scenario so youre always prepared. 17. Dont be afraid to FAIL!When you FAIL, it means youtook the RISK and learned..FAILURE teaches you how todo BETTER next time... 18. Large to Privatemedium sizedSectorHigh-growthSMEsStart-up/IMC - EBF - Social FundBusiness-plan WEL - IdeavelopersIdea Friends Family Online research 19. AhmedHeba Jammal Omar Metwally && Tarek Fathy MostafaKhaddaj Hafez FatmaNadia &Khaled GhalyHind IsmailWassef 20. Education &TrainingGovernmentRole-modelspolicies & cultural normsTrusting FinancialBusiness SupportEnvironment Commercial &ProfessionalServices Infrastructure 21. Contact me :[email protected]/yahia.reda

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