Profile of an Entrepreneur and His Business

8/3/2019 Profile of an Entrepreneur and His Business

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Entrepreneur: Khondoker Monsur Hossain

Managing Director: Aleya Feeds Lmt.

Group members

Name ID

Ahnaf Tahmed Faiz 1110174530Faisal Reza 1110922030Fatema Akter Misha 1110428030Hasan Mahadi 1110163030

Md. Ashraful Alam 1110024030


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Khondoker Monsur Hossain was born in 11th

May, 1971

He was the eldest of 2 brothers & 3 sisters

He was a top class student and did his Masters in

Management from Jagannath University.

Mr. Monsur started his business career at the age of 17when he started a clothing-related trading business.

He bought a special machine from our neighbor India tomake corn and he managed the machine at only 60,000BDT. he started supplying raw materials to big &established poultry firms (B2B).


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Mr . Monsur Hossain took a loan of 6 crore BDT from theBangladesh Bank and invested 9 crore BDT himself from his personal savings and earnings from previousbusinesses and financial support from his friends.

He initially started his business with three type of products.

Board of directors:

Mr. Muzibur RahmanMr. Monsur hossainMrs. Rahima KhatunMrs. Julia Rahman


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O bjectives:Provide a clear picture of the Aleya Feeds Ltd. and its

entrepreneur

Inform the reader about the progress .Improve our skills as a writer .How an entrepreneur manages and take risks in the

business.

Methodology:casual interviewvisiting factory in Gazipur books and websites as secondary sources


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Aleya Feeds is way behind than its competitors as theyhave only a market share of 5%. There major competitorsare Quality Feeds limited, Agro-industrial trust (AIT) feed mill,Narish Feed limited and C.P Bangladesh Limited (arguablythe leading poultry feed mill in Bangladesh).

0 20 40

Aleya Feeds

CP BD

Narish Feeds

AIT feedmill

Qualiy Feeds Market Sh are

Market Share


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Product Life Cycle

Aleya Feeds has just entered the growth stages

It is experiencing a growing number of sales and competitors.

The profit is climbing


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SWOT analysis

O pportunityhuge demand of fish feed

Huge demand for poultry feedsFalling barriers toimporting the rawmaterials of poultryfeeds.

ThreatsO ccurrence of disease such as Bird

Flugas scarcitynatural disastersThe rising price of raw materialsEntry of ChineseFeed Mill


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# No child labor

# no forced labor,

# no discrimination (gender, age, race, religionetc.)

# safe & healthy

# working condition

# Freedom to talk with the authority


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Employee Management# Reorganization and appreciation# Discuss straight with the entrepreneur # Bonuses if they achieve target# The entrepreneur bears all the medical cost# Apply the Theory Y assumptions of Douglas McGregor

Risk Management# Avoid economic risks by providing quality products# Aleya Feeds has its own generator


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Recommendations

# T h e comp any should i n c rea s e its p r oduc tivi ty toth e m ax imum l e ve l b y bu ying mo re m a chi ne s.

#T h ey should a lso m arket th e ir p r oduc ts ou tsid e of G az ipu r an d B ar is a l at a large sc a le

#100% m a chi ne p r oc e ss m ay b e a ppli e d to com e f r o nt line .

#T h ey should op en a w e bsi te of th e ir comp any #T h e comp any should g ive much mo re e mph a sis

o n a dv ert isi ng an d p r omo tio n #T h ere s l a c k of li a bili tie s fo r th e comp any an d a s

a re sul t th ey c an a ffo r d to take b ank lo an s an dex p an d th e f a c to ry in th e sho rt r u n rat h er th an w a iting fo r 2-3 year s


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Concluding remarks:

To sum up the whole story, Aleya Feed Mill is nowone of the most progressive feed mills in the feed millindustry. It coming to frontline so quickly. Khandaker Monsur Hossain always says that take right decision inright time. Today he is a highly successful entrepreneur byvirtue of his qualification and skill and above all for thesupport of Almighty Allah.


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May Allah Bless You.

Documents

Profile of an Entrepreneur and His Business