ALEAP_Sreeni

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Opportunities in Global market Sreeni Narayanan

4th December 2010

PHILIPPINES :: MALAYSIA :: VIETNAM :: INDIA :: SINGAPORE :: INDONESIA

COMPREHENSIVE ENTREPRENEURSHIPSYMPOSIUM & EXPO



A L E A P And so it Begins.

Entrepreneurs are simply thosewho understand that there is little

difference between obstacle and

opportunity and are able to turnboth to their advantage.

Victor Kiam



A L E A P Entrepreneurship Pros & Cons

Entrepreneurship provides an Opportunity:

For Originality

For Flexibility

To Make a Difference

To Reach Full Potential

For Impressive Profits

To Contribute to Society and Be Recognized forEfforts

To Do What is Enjoyable

To be in Control of what you to do

NoFixed Salary

Fewer Benefits

Irregular Work schedule

Lack of Administration

Policy Barriers



A L E A P Benefits of Entrepreneurship

To the nation

± Economy ± Jobs

± Better Resources & Talent utilization

± Competitive Environment

± Improved Quality of Products

± Attraction of Foreign Investment

To the society

± Standard of society

± Employment level

± Morale

To the individual

± Improvement in Income Level

± Better Quality Life

± Self Esteem & Dignity

INDIVIDU AL SOCIETY N ATION



A L E A P Popular Areas of Small Business Enterprise

Services

Retailing

Construction

Financial

Insurance Wholesaling

Transportation

Manufacturing

Services

37.6%Retailing22.7%

Manufacturing

5%Finance &

Insurance

10%

Construction

10%

Transportation

5%

Other

1.7%

Wholesale8%



Types of Business Organizations

Type of BusinessType of Business

73%73%7%7% 20%20%

Sole ProprietorshipSole Proprietorship PartnershipPartnership CorporationsCorporations

Sales RevenueSales Revenue

5%5%

6%6%

89%89%



Objectives

-Entrepreneurial climate and

culture

-Encourage entrepreneurship-Favorable attitudes to

entrepreneurship

-Increase business start-up

rate; the creation of new

businesses; the number of

new firms; the number of

entrepreneurs

Motivation OpportunityReduction of barriers to entry,

obstacles (time & cost), tax

changes, other regulations Start-up financing;

loan guarantees;

seed capital;

micro-loans

Business start-up

support

(incubators,

mentoring, first-stop shops,

networks, start-up

portals)

Promotion of an

entrepreneurship

culture; promotion

of enterprise;

reduce stigma of

failure

Entrepreneurship

education in the

schools

Skills

Target underrepresented groups

and techno-starters

Framework of Entrepreneurship Policy Measures



Intellectualproperty/patent

rules

Role-models

Awards

Incubators,innovation/tech

transfer centers,

clustering

Networks/mentors

Coaching of HGFs

Web portals (IP,

growth, capital)

UniversitiesResearch institutes

Private investors

Tax incentives -

R&D & equity

investments

Seed funds

SU Venture capital

Angels

Successful

Start ups

Business associations

Entrepreneurship

education

Learning platforms

Government

Media

Innovative Entrepreneurship:



SME &

entrepreneurial

vitality

Outcome

µContext¶ Matters ± Structure and Vitality

Demographics

and industrial

structure ± size of

service sector ,

size of

government, ageof population,

population growth

Favorable context

Opportunities for entrepreneurship

Structure

Economic

performance ±

GDP/capita;

GDP growth,

unemployment

rate

µDynamic µ± entries, exits,growth, decline

Density - % of business

owners, SMEs; SME

employment; nascent %



A L E A P Roadmap for Entrepreneurs

T hings to Consider for Setting up a Business

What is the sector/expertise you want to focus on?

What is the most attractive market for this business?

What are the Investment Costs?

What are Technology and Machinery Requirements?

What are the Approvals and Clearances needed?

What is the turnaround time for the business?

Is it replicable & recurring?



A L E A P Resources

Entrepreneur.Com: The Online Small Business Authority

Business Week: SmallBiz

SCORE (Service Corps of Retired Executives)

Kauffman Center for Entrepreneurial Leadership

Edward Lowe Peerspectives

Fambiz.Com

Idea Cafe: The Small Business Channel

The Riley Guide: Steps in Starting Your Own Business

StartupNation

U.S. Small Business Administration

U.S. Business Administration

Online Women's Business Center

Entrepreneur's Reference Guide to Small Business Information



THANK

YOU



Access to:

ideas

resources

(information,

money, advicementoring)

markets

encouragement

Open competition

Ease of entry and exit

Flexible labor markets

Tax, regulatory burden

Promotion

Role Models

Exposure

Entrepreneurship

education

Peer networks

µHow-to¶

Skill

Motivation

Entrepreneurship Policy Foundations

Desirability

Feasibility

Social value

Munificent environment ±

climate AND culture

µQuiet

disincentives¶

#1

#2

#3

Access to

resources

Opportunity

Documents

ALEAP_Sreeni