Executive summary/abstract The purpose of this report was to explain different quality and qualification that an entrepreneurs should have and how those qualification and quality makes them famous in Bangladesh. Research for this report included a review of current famous entrepreneurs via using internet and interviews with three famous entrepreneurs in Bangladesh. The major findings indicate that while there is a need for some quality and qualification for being successful entrepreneurs in any country, such as Determination, Hard work, inspiration, intelligence, Responsibility for society etc. While it is clear that quality and qualification will vary in different entrepreneurs, this report recommends that to be successful entrepreneurs each and everyone should have following type of quality and qualification. 1. Determination 2. Hard work 3. Observe existing obstacles 4. Proper utilization of limited resource 5. Self motivated etc.

Introduction It is not easy to give a particular answer to the question: Why do people want to start and run independent businesses? Different answers may come from different people. Some people may start a business just because they love independence and hate to tolerate bossing in the jobs. Some may not have the capability and qualification to do a job and as job is not available to them, they go for independent businesses in order to survive. Some may have some special skills and love challenges to run an independent business. Several motivational factors like need for affiliation, need for power and need for achievement (McClelland, 1961) are also responsible for going for an independent business. Murthy, et al (1986) found that entrepreneurs are motivated to start a business because of the factors like ambitious factors, compelling factors and facilitating factors. Whatever may be the reason, it can be said that in most of the times of the history of human civilization, there were entrepreneurs who did independent businesses and this trend of history still continues. For the last few decades in all over the world, entrepreneurs are regarded as value adding people to the society.

Sheikh Akij Uddin(1927-2006)

The eminent industrialist Sheikh Akijuddin, the owner of multiple Akij industries. He was the son of Sheikh Mafijuddin and Matina Begum of Phultala Sub district of Khulna district.Mafijuddin was a wholesale businessman who traded in paddy, rice, coconut and other products of day-to-day use. He used to supply these goods from Noapara of Jessore to various parts of North Bengal. He also supplied labors to Jessore. Although young Akij was admitted into school, he was keener to know how his father ran his business and details related to their business. His businessman father was thrilled to see the son take interest in what he was doing and began grooming Akij on business techniques. However, this period did not last for long as Akij left home and went away to Calcutta because his father had scolded him.In Calcutta, he faced severe financial hardship initially but managed to pull through and used his business skills and expertise to start getting returns on small businesses. He later went away to Peshawar where he learnt the local language and engaged himself in more business. After the Second World War, Akij returned home with an amount of 10,000 Rupees, which was a very good amount of money in those days. His parents were very happy upon his return. Unfortunately, they did not live long enough to see Akij flourish as an extremely successful businessman. Akijuddin married Shakara Khatun at the age of 20.

Spirit of the brave Men:History of Akij Group stretches back to later part of the forties. The founder late Mr.Sheikh Akij Uddin realized to do something for this country is to do for its people.He made a sense how to develop & customize whatever growers are grown likeTobacco, Jute etc. Akij Group consists of several companies with diverse activities and different products.At the age of only 13 years in 1942 teenage Akij left his favorite madhyadanga for the seek of career. This naughty teen come out of his home with only 16 taka in his hand to find where there is no shortage of food, clothing, shelter, or treatment. He then moved to Kolkata a Big city. In the end, akij find out his address in the rail station. He spends his days in uncertainty. At one time he met with the owner of Zakaria hotel in shyaldah . He gives him a shelter in his hotel. Akij then started ferrying orange and lemon. But at then he passes his days in poverty. Doing business as this type at one time he made some money approximately 10000 taka. He came back home after the Second World War. At that time his father was died which made his life more difficult.At 1952 Akij started a business of Biri (hand rolled cigarette) with the help and consult of his friends father the owner of biddhu Biri Bidhu Vushon. By the year 1962, he had 250 workers working in his company. Here he gain success and started his own shop. But it is bad fate of Akij that the shop was burnt by fire. But Akij stand up again. He again built his store with the help of local merchant. And that was the rise of his prosperity. Akij never looked back. He then established todays big Biri factory Akij Biri Factory in navaronpur in upozila phultala in Khulna.After this initial accomplishment Sheikh Akijuddin set up other business units which were also successful. A significant segment of his investment has been in jute. The impressive Akij Jute Mills is situated in Nowapara, Jessore, which is an ideal place for such an investment. It is a jute producing district and export of jute yarn is facilitated by smooth land communication, as well as the water communication. By 1997, Akij Jute Mills was producing 3000 metric tones of yarn and the bright journey of Akij Jute Mills had begun. In 2003, Akij Jute Mills produced 9174 metric tones of thread. Akij Jute Mills exports its produce to Germany, Belgium, England, U.S.A, Turkey, Japan, Korea, Iran, China and Indonesia.Akij Uddin ensured state of the art machinery and dirt and dust free production environment so that his workers were comfortable and contributed efficiently to the success of Akij business units. He Passed away on Oct 10 at 11 a.m.Akij Group- At a glance:The emergence of Akij group is fabulous. History of Akij Group stretches back to later part of the forties. It can be a great example of how perseverance, determination & hard work aid an ordinary common person to be uplifted as an extra-ordinary entrepreneur.In its early years, the Group started in modest way with jute trading, earning highest amount of foreign exchange. In the second phase, the Group went into manufacturing handmade cigarettes popularly known as Bidis. This sector gave a real boost to the revenue earning of the Group as well as making a substantial contribution to government exchequer. With the passage of time, the Group undertook new ventures and presently there are 15 wings of industries under its shade- Akij Cement Company Ltd.; Akij Computer Ltd.; Akij Corporation Ltd.; Akij Food & Beverage Ltd.; Akij Institute of Technology.; Akij Match Factory Ltd.; Akij Online Ltd.; Akij Particle & Hard Board Mills Ltd.; Akij Pharmaceuticals Ltd.; Akij Printing & packaging Ltd.; Akij Real Estate Ltd.; Akij Textile Mills Ltd.; Akij Zarda Factory Ltd.; Ad-din Hospital(Philanthropic).; Dhaka Tobacco Industries(Cigarettes).; Dhaka Tobacco Industries(Leaf).; Navaron Printing and Packages Ltd.; S.A.F Industries Ltd. & Akij Gas Company Ltd. Akij Group is also involved in socio-cultural activities.This high-flying group is contributing to the nation's economic growth and ceaselessly creating job opportunities to various professionals. The Group has been operating a sizeable orphanage free of charge in district town. It has also acquired a modern mother & children hospital previously owned by Save the Children (UK). The hospital is being operated as a non-profitable concern by Ad-Din Welfare Trust.Findings

Self motivated person: He is a self motivated person because of the following Self motivated person: He is a self motivated person because of the following reason Franchising and full fill customer requirement as they demand. Provide quality product to their customer. Franchising and full fill customer requirement as they demand Provide quality product to their customer.

Risk taking ability: As we know he has different segment of business in our country such as realstate, navana batary, aftab automobikes, navana furniture, toyota etc. Without having risk Taking ability it is quite difficult to spread his business in different segment.

Brave

Recommendation: One of the interesting characteristics of Bangladeshi entrepreneurs is that most of the successful entrepreneurs are pious and they have a keen respect for religion. They are God-fearing people. May be, because of their religious nature it was also found that these people are truthful, reliable, simple living, honest and sincere. It can be said that the behaviors of the entrepreneurs are guided by the social and cultural environment of a particular country. In case of Bangladeshi successful entrepreneurs, it was found that most of them had poor educational backgrounds and found that most of them left home at a very early age. A reason behind this difference may be the socio-economic environment of Bangladesh. It was also found that though these successful entrepreneurs in Bangladesh did not have good educational background, they had the need for high achievement. It may be inferred from these facts that as they had this need and did not have enough qualifications to go for a highly paid job, they moved towards self-employment and got success.

Conclusion: From the discussion it can be identified that the research results on several issues related to Bangladeshi different entrepreneurs has different quality and qualification in many cases. The different socio-economic, cultural and political environments of the country may be responsible for that. For obvious reasons, this issue got immense importance to the researchers. As in past there were so many researches on the issues like characteristics of Bangladeshi entrepreneurs and problems and prospects of entrepreneurship in Bangladesh. More and more studies should be done on this topic as this is a burning issue of the country at this moment.